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Toluene Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2018-2023

Toluene Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2018-2023

Toluene, also known as toluol and methylbenzene, is a colorless, water-insoluble liquid, with a benzene-like odor. It exhibits beta-oxidant, depressant, hepatoprotective, anesthetic, and neurotransmitter properties. Toluene is an aromatic hydrocarbon that is used in many industrial applications, mostly as a solvent and industrial feedstock. It is also used in the explosives industry to manufacture flammable compounds and in the production of hair dyes. Moreover, due to its low sensitivity characteristics and high-octane ratings, toluene is considered as an ideal fuel for heavily loaded engines. according to IMARC Group’s latest report, titled “Toluene Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2018-2023”, the global toluene market reached a value of US$ 21.4 Billion in 2017.

The growing applications of toluene and its derivatives in numerous industries represent the key growth inducing factors for the market. Besides, the wider use of toluene in gasoline blends, where it acts as octane booster and maintains the energy content of gasoline, has augmented the market growth. Additionally, the surging demand for aromatics in the petrochemical industry for the production of synthetic fibres, elastomers, agrochemicals, dyes, nail paints, etc. is driving the global toluene market globally. Apart from this, expansion in the end-use industries, particularly in the emerging markets, such as China, India, etc., has resulted in an augmented demand for toluene. According to the report, the market is anticipated to reach a value of US$ 29.2 Billion by 2023, exhibiting a CAGR of 5.3% during 2018-2023.

The report has segmented the market on the basis of technology into reformate process, pygas process, coke/coal process, and styrene process. Based on the application, benzene represents the largest segment, followed by solvents, xylene, TDI, and others. On a regional-basis, Asia Pacific is the leading market, followed by North America and Europe. Other major regions include the Middle East and Africa, and Latin America. Based on the import-export scenario of the market, the report finds that China is the largest importer whereas Korea is the largest exporter. The report has also analysed the competitive landscape of the market with some of the key global players being BASF, Covestro, BP PLC, SK Innovation Co., Ltd., and Royal Dutch Shell Plc.

This report provides a deep insight into the global toluene market covering all its essential aspects. This ranges from macro overview of the market to micro details of the industry performance, recent trends, key market drivers and challenges, SWOT analysis, Porter’s five forces analysis, value chain analysis, etc. This report is a must-read for entrepreneurs, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the toluene industry in any manner.

Key Questions Answered in This Report:

How has the global toluene market performed so far and how will it perform in the coming years?
What are the key regions in the global toluene market?
What are the key application segments in the global toluene market?
Which are the popular technology types in the global toluene market?
What are the import and export trends of toluene?
What are the various stages in the value chain of the global toluene market?
What are the key driving factors and challenges in the global toluene market?
What is the structure of the global toluene market and who are the key players?
What is the degree of competition in the global toluene market?
How is toluene manufactured?


1 Preface
2 Scope and Methodology
2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
2.3.1 Primary Sources
2.3.2 Secondary Sources
2.4 Market Estimation
2.4.1 Bottom-Up Approach
2.4.2 Top-Down Approach
2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
4.1 Overview
4.2 Properties
4.3 Key Industry Trends
5 Global Toluene Market
5.1 Market Overview
5.2 Market Performance
5.2.1 Volume
5.2.1 Value
5.3 Price Trends
5.4 Market Breakup by Technology
5.5 Market Breakup by Application
5.6 Market Breakup by Region
5.7 Market Forecast
5.8 SWOT Analysis
5.8.1 Overview
5.8.2 Strengths
5.8.3 Weaknesses
5.8.4 Opportunities
5.8.5 Threats
5.9 Value Chain Analysis
5.9.1 Overview
5.9.2 Research and Development
5.9.3 Raw Material Procurement
5.9.4 Manufacturing
5.9.5 Marketing
5.9.6 Distribution
5.9.7 End-Use
5.10 Porters Five Forces Analysis
5.10.1 Overview
5.10.2 Bargaining Power of Buyers
5.10.3 Bargaining Power of Suppliers
5.10.4 Degree of Competition
5.10.5 Threat of New Entrants
5.10.6 Threat of Substitutes
6 Market Breakup by Technology
6.1 Reformation Process
6.2 Pygas Process
6.3 Coke/Coal Process
6.4 Styrene Process
7 Market Breakup by Application
7.1 Gasoline
7.2 STDP/TPX
7.3 Solvents
7.4 Trans Alkylation (TA)
7.5 Hydrodealkylation
7.6 Toluene Diisocyanate (TDI)
7.7 Toluene Disproportionation (TDP)
7.8 Others
8 Market Breakup by Region
8.1 Asia Pacific
8.2 North America
8.3 Europe
8.4 Middle East and Africa
8.5 Latin America
9 Imports and Exports
9.1 Imports
9.2 Exports
10 Toluene Manufacturing Process
10.1 Product Overview
10.2 Raw Material Requirements
10.3 Manufacturing Process
10.4 Key Success and Risk Factors
11 Competitive Landscape
11.1 Market Structure
11.2 Key Players
11.3 Profiles of Key Players
11.3.1 Exxon Mobil Corporation
11.3.1.1 Company Overview
11.3.1.2 Description
11.3.1.3 Product Portfolio
11.3.1.4 Financials
11.3.1.5 SWOT Analysis
11.3.2 SK Group
11.3.2.1 Company Overview
11.3.2.2 Description
11.3.2.3 Product Portfolio
11.3.2.4 Financials
11.3.2.5 SWOT Analysis
11.3.3 British Petroleum
11.3.3.1 Company Overview
11.3.3.2 Description
11.3.3.3 Product Portfolio
11.3.3.4 Financials
11.3.3.5 SWOT Analysis
11.3.4 Versalis
11.3.4.1 Company Overview
11.3.4.2 Description
11.3.4.3 Product Portfolio
11.3.4.4 Financials
11.3.4.5 SWOT Analysis
11.3.5 Compañia Española De Petroleos Sau
11.3.5.1 Company Overview
11.3.5.2 Description
11.3.5.3 Product Portfolio
11.3.5.4 Financials
11.3.3.5 SWOT Analysis
List of Figures
Figure 1: Global: Toluene Market: Major Drivers and Challenges
Figure 2: Global: Toluene Market: Sales Value (in Billion US$), 2010-2017
Figure 3: Global: Toluene Market: Sales Volume (in Million Tons) 2010-2017
Figure 4: Global: Toluene Market: Average Price Trends By Country (in US$/Ton) 2010-2017
Figure 5: Global: Toluene Market: Breakup by Technology (in %), 2017
Figure 6: Global: Toluene Market: Breakup by Application (in %), 2017
Figure 7: Global Toluene Market: Production Breakup by Region (in %), 2017
Figure 8: Global Toluene Market: Consumption Breakup by Region (in %), 2017
Figure 9: Global: Toluene Market Forecast: Sales Value (in Billion US$), 2018-2023
Figure 10: Global: Toluene Industry: SWOT Analysis
Figure 11:Global: Toluene Industry: Value Chain Analysis
Figure 12: Global: Toluene Industry: Porter’s Five Forces Analysis
Figure 13: Global: Toluene Market (Reformation Process): Sales Value (in Million US$), 2010, 2017 & 2023
Figure 14: Global: Toluene Market (Pygas Process): Sales Value (in Million US$), 2010, 2017 & 2023
Figure 15: Global: Toluene Market (Coke/Coal Process): Sales Value (in Million US$), 2010, 2017 & 2023
Figure 16: Global: Toluene Market (Styrene Process): Sales Value (in Million US$), 2010, 2017 & 2023
Figure 17: Global: Toluene Market (Applications in Gasoline): Sales Value (in Million US$), 2010, 2017 & 2023
Figure 18: Global: Toluene Market (Applications in STDP/TPX): Sales Value (in Million US$), 2010, 2017 & 2023
Figure 19: Global: Toluene Market (Applications in Solvents): Sales Value (in Million US$), 2010, 2017 & 2023
Figure 20: Global: Toluene Market (Applications in Trans Alkylation): Sales Value (in Million US$), 2010, 2017 & 2023
Figure 21: Global: Toluene Market (Applications in Hydrodealkylation): Sales Value (in Million US$), 2010, 2017 & 2023
Figure 22: Global: Toluene Market (Applications in Toluene Diisocyanate): Sales Value (in Million US$), 2010, 2017 & 2023
Figure 23: Global: Toluene Market (Applications in Toluene Disproportionation): Sales Value (in Million US$), 2010, 2017 & 2023
Figure 24: Global: Toluene Market (Other Applications) Sales Value (in Million US$), 2010, 2017 & 2023
Figure 25: Asia Pacific: Toluene Market: Sales Value (in Million US$), 2010, 2017 & 2023
Figure 26: North America: Toluene Market: Sales Value (in Million US$), 2010, 2017 & 2023
Figure 27: Europe: Toluene Market: Sales Value (in Million US$), 2010, 2017 & 2023
Figure 28: Middle East and Africa: Toluene Market: Sales Value (in Million US$), 2010, 2017 & 2023
Figure 29: Latin America: Toluene Market: Sales Value (in Million US$), 2010, 2017 & 2023
Figure 30: Global: Toluene: Import Breakup by Country (in %),
Figure 31: Global: Toluene: Export Breakup by Country (in %),
Figure 32: Toluene Manufacturing: Process Flow
List of Tables
Table 1: Toluene: General Properties
Table 2: Global: Toluene Market: Key Industry Highlights, 2017 and 2023
Table 3: Global: Toluene Market Forecast: Breakup by Technology (in Million US$), 2018-2023
Table 4: Global: Toluene Market Forecast: Breakup by Application (in Million US$), 2018-2023
Table 5: Global: Toluene Market Forecast: Breakup by Region (in Million US$), 2018-2023
Table 6: Global: Toluene: Import Data by Country,
Table 7: Global: Toluene: Export Data by Country,
Table 8: Toluene: Raw Material Requirements
Table 9: Global: Toluene Market Structure
Table 10: Global: Toluene Market: Key Players

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