Market Research Logo

Toluene Market by Application and Derivative (Benzene and Xylene, Solvents, Gasoline Additive, Toluene Di-Isocyanate, Benzoic Acid, Trinitrotoluene, And benzaldehyde) - Global Forecast to 2021

Toluene Market by Application and Derivative (Benzene and Xylene, Solvents, Gasoline Additive, Toluene Di-Isocyanate, Benzoic Acid, Trinitrotoluene, And benzaldehyde) - Global Forecast to 2021

“Toluene market projected to reach USD 23.41 billion by 2021”
The toluene market is projected to reach USD 23.41 billion by 2021 at a CAGR of 6.3%. The growing end-user base of toluene in end-use industries such as, automotive, building & construction, and oil & gas is expected to lead to the high growth of the toluene market. In addition, the growing petrochemical industry in the Asia-Pacific region also is further expected to drive the toluene market. The major restraints in the toluene market are the limitations in sourcing toluene, the increasing demand for diesel as against gasoline, and the discovery of shale gas.

“Benzene and xylene–The largest segment of toluene in terms of value and volume”
Benzene and xylene are projected to lead the toluene market during the forecast period, both, in terms of value and volume. The most common derivatives of benzene and xylene are, Polyethylene Terephthalate (PET), Polystyrene (PS), and cumene, among others. The growing applications of PET and PS are expected to support the benzene and xylene markets, which in turn is expected to drive the toluene market.

“North America expected to be the fastest growing market both, in terms of value and volume”
North America is the fastest growing market for toluene. Growth in the North American market is led by the rising demand from the automotive, building & construction, industrial, and gasoline consumption, due to the increasing quality & performance standards of the end-products in which toluene is used as a solvent or additive. These factors along with the discovery of shale oil is also driving the toluene market.

Break-up of profiles of the primary participants for the report
By Company Type – Tier 1–55%, Tier 2–20%, and Tier 3–25%
By Designation – C Level– 75%, Manager Level–25%
By Region – North America–10%, Europe-20%, Asia-Pacific–40%, Middle East & Africa-18%, and Latin America–12%

The toluene market is projected to register steady growth rate from 2016 to 2021. The companies profiled in this report include, China Petroleum & Chemical Corporation (China), China National Petroleum Corporation (China), Exxon Mobil Corporation (U.S.), Covestro AG (Germany), BP P.L.C. (U.K.), SK Innovations (South Korea), BASF SE (Germany), GS Caltex (South Korea), Formosa Chemical & Fiber Corporation (Taiwan), Royal Dutch Shell (Netherlands), and CPC Corporation (Taiwan), among others.

Research Coverage
The toluene market for this study is segmented on the basis of application and derivative. The application and derivative include, benzene and xylene; solvents; gasoline additives; TDI; and others such as, trinitrotoluene, benzoic acid, and benzaldehyde among others. The research study also includes a detailed segmentation of the global toluene market based on region. Apart from the market segmentation, this report provides a comprehensive review of the major market drivers, restraints, opportunities, and key issues of the market.

Key benefits of buying the report
This research report is focused on various levels of analyses—industry analysis (industry trends), market share analysis of top players, value chain analysis, and company profiles, emerging and high-growth segments of the toluene market; high-growth regions; and market drivers, restraints, and opportunities.

The report provides insights on the following pointers:
Market Penetration: Comprehensive information on toluene offered by the top players in the global toluene market

Market Development: Comprehensive information about lucrative emerging markets – the report analyzes the markets for toluene across regions

Market Diversification: Exhaustive information about untapped geographies, and investments in the global toluene market

Competitive Assessment: In-depth assessment of market shares, strategies, products, and manufacturing capabilities of the leading players in the toluene market


  • INTRODUCTION
    • OBJECTIVES OF THE STUDY
    • MARKET DEFINITION
    • SCOPE OF THE MARKET
      • MARKETS COVERED
      • YEARS CONSIDERED FOR THE REPORT
      • CURRENCY & PRICING
      • PACKAGE SIZE
    • STAKEHOLDERS
    • LIMITATIONS
  • RESEARCH METHODOLOGY
    • RESEARCH DATA
      • SECONDARY DATA
      • PRIMARY RESEARCH
    • MARKET SIZE ESTIMATION
      • BOTTOM-UP APPROACH
      • TOP-DOWN APPROACH
    • DATA TRIANGULATION
      • ASSUMPTIONS
  • EXECUTIVE SUMMARY
  • PREMIUM INSIGHTS
    • ATTRACTIVE GROWTH OPPORTUNITIES FOR TOLUENE MANUFACTURERS IN THE MARKET
    • GLOBAL TOLUENE MARKET TO GROW AT MODERATE RATE
    • ASIA-PACIFIC TOLUENE MARKET SCENARIO BY COUNTRY AND APPLICATION AND DERIVATIVE
    • LEADING COUNTRIES IN THE GLOBAL TOLUENE MARKET, 2015
    • TOLUENE MARKET SIZE, BY APPLICATION AND DERIVATIVE
  • MARKET OVERVIEW
    • INTRODUCTION
    • MARKET SEGMENTATION
      • BY APPLICATION AND DERIVATIVE
      • BY REGION
    • MARKET DYNAMICS
      • DRIVERS
        • Table POLYETHYLENE TEREPTHALATE STATISTICS
        • Table POLYSTYRENE STATISTICS
        • Table PARAXYLENE STATISTICS
        • Table BENZENE STATISTICS
        • Table XYLENE STATISTICS
        • Table BENZENE STATISTICS
        • Table PARAXYLENE STATISTICS
      • RESTRAINTS
        • Table CONSUMPTION: DIESEL VS GASOLINE
        • Table SHALE GAS: TOTAL UNPROVEN TECHNICALLY RECOVERABLE RESERVES (TCF)
      • OPPORTUNITIES
        • Table SHALE OIL: TOTAL UNPROVEN TECHNICALLY RECOVERABLE RESERVES (BB)
    • REGULATORY FRAMEWORK
    • MARKET SHARE ANALYSIS
  • INDUSTRY TRENDS
    • INTRODUCTION
    • VALUE CHAIN ANALYSIS
      • RAW MATERIALS
      • MANUFACTURING PROCESS
        • Table TOLUENE CONTENT BY VARIOUS MANUFACTURING PROCESSES
      • DISTRIBUTION
      • END-USE INDUSTRIES
    • PORTER'S FIVE FORCES ANALYSIS
      • BARGAINING POWER OF BUYERS
      • BARGAINING POWER OF SUPPLIERS
        • Table ASSESSMENT OF ALTERNATIVE RAW MATERIALS USED FOR TOLUENE PRODUCTION
      • THREAT OF NEW ENTRANTS
      • THREAT OF SUBSTITUTES
      • INTENSITY OF COMPETITIVE RIVALRY
    • PRICING ANALYSIS
      • SUPPLY
      • DEMAND
      • CONTRACTS
  • TOLUENE MARKET, BY APPLICATION AND DERIVATIVE
    • INTRODUCTION
    • MARKET ANALYSIS BY APPLICATION AND DERIVATIVE
      • Table GLOBAL TOLUENE MARKET SIZE, BY APPLICATION AND DERIVATIVE, 2014-2021 (KT)
      • Table GLOBAL TOLUENE MARKET SIZE, BY APPLICATION AND DERIVATIVE, 2014-2021 (USD MILLION)
      • BENZENE AND XYLENE
      • SOLVENTS
      • GASOLINE ADDITIVES
      • TDI
      • OTHERS
  • TOLUENE MARKET, BY REGION
    • INTRODUCTION
      • Table TOLUENE MARKET SIZE, BY REGION, 2014-2021 (KT)
      • Table TOLUENE MARKET SIZE, BY REGION, 2014-2021 (USD MILLION)
    • ASIA-PACIFIC
      • OVERVIEW
        • Table ASIA-PACIFIC: TOLUENE MARKET SIZE, BY COUNTRY, 2014-2021 (KT)
        • Table ASIA-PACIFIC: TOLUENE MARKET SIZE, BY COUNTRY, 2014-2021 (USD MILLION)
        • Table ASIA-PACIFIC: TOLUENE MARKET SIZE, BY APPLICATION AND DERIVATIVE, 2014-2021 (KT)
        • Table ASIA-PACIFIC: TOLUENE MARKET SIZE, BY APPLICATION AND DERIVATIVE, 2014-2021 (USD MILLION)
        • Table CHINA: TOLUENE MARKET SIZE, BY APPLICATION AND DERIVATIVE, 2014-2021 (KT)
        • Table CHINA: TOLUENE MARKET SIZE, BY APPLICATION AND DERIVATIVE, 2014-2021 (USD MILLION)
        • Table SOUTH KOREA: TOLUENE MARKET SIZE, BY APPLICATION AND DERIVATIVE, 2014-2021 (KT)
        • Table SOUTH KOREA: TOLUENE MARKET SIZE, BY APPLICATION AND DERIVATIVE, 2014-2021 (USD MILLION)
        • Table INDIA: TOLUENE MARKET SIZE, BY APPLICATION AND DERIVATIVE, 2014-2021 (KT)
        • Table INDIA: TOLUENE MARKET SIZE, BY APPLICATION AND DERIVATIVE, 2014-2021 (USD MILLION)
        • Table JAPAN: TOLUENE MARKET SIZE, BY APPLICATION AND DERIVATIVE, 2014-2021 (KT)
        • Table JAPAN: TOLUENE MARKET SIZE, BY APPLICATION AND DERIVATIVE, 2014-2021 (USD MILLION)
        • Table TAIWAN: TOLUENE MARKET SIZE, BY APPLICATION AND DERIVATIVE, 2014-2021 (KT)
        • Table TAIWAN: TOLUENE MARKET SIZE, BY APPLICATION AND DERIVATIVE, 2014-2021 (USD MILLION)
        • Table SINGAPORE: TOLUENE MARKET SIZE, BY APPLICATION AND DERIVATIVE, 2014-2021 (KT)
        • Table SINGAPORE: TOLUENE MARKET SIZE, BY APPLICATION AND DERIVATIVE, 2014-2021 (USD MILLION)
        • Table MALAYSIA: TOLUENE MARKET SIZE, BY APPLICATION AND DERIVATIVE, 2014-2021 (KT)
        • Table MALAYSIA: TOLUENE MARKET SIZE, BY APPLICATION AND DERIVATIVE, 2014-2021 (USD MILLION)
        • Table REST OF ASIA-PACIFIC: TOLUENE MARKET SIZE, BY APPLICATION AND DERIVATIVE, 2014-2021 (KT)
        • Table REST OF ASIA-PACIFIC: TOLUENE MARKET SIZE, BY APPLICATION AND DERIVATIVE, 2014-2021 (USD MILLION)
    • NORTH AMERICA
      • OVERVIEW
        • Table NORTH AMERICA: TOLUENE MARKET SIZE, BY COUNTRY, 2014-2021 (KT)
        • Table NORTH AMERICA: TOLUENE MARKET SIZE, BY COUNTRY, 2014-2021 (USD MILLION)
        • Table NORTH AMERICA: TOLUENE MARKET SIZE, BY APPLICATION AND DERIVATIVE, 2014-2021 (KT)
        • Table NORTH AMERICA: TOLUENE MARKET SIZE, BY APPLICATION AND DERIVATIVE, 2014-2021 (USD MILLION)
        • Table U.S.: TOLUENE MARKET SIZE, BY APPLICATION AND DERIVATIVE, 2014-2021 (KT)
        • Table U.S.: TOLUENE MARKET SIZE, BY APPLICATION AND DERIVATIVE, 2014-2021 (USD MILLION)
        • Table CANADA: TOLUENE MARKET SIZE, BY APPLICATION AND DERIVATIVE, 2014-2021 (KT)
        • Table CANADA: TOLUENE MARKET SIZE, BY APPLICATION AND DERIVATIVE, 2014-2021 (USD MILLION)
        • Table MEXICO: TOLUENE MARKET SIZE, BY APPLICATION AND DERIVATIVE, 2014-2021 (KT)
        • Table MEXICO: TOLUENE MARKET SIZE, BY APPLICATION AND DERIVATIVE, 2014-2021 (USD MILLION)
    • EUROPE
      • OVERVIEW
        • Table EUROPE: TOLUENE MARKET SIZE, BY COUNTRY, 2014-2021 (KT)
        • Table EUROPE: TOLUENE MARKET SIZE, BY COUNTRY, 2014-2021 (USD MILLION)
        • Table EUROPE: TOLUENE MARKET SIZE, BY APPLICATION AND DERIVATIVE, 2014-2021 (KT)
        • Table EUROPE: TOLUENE MARKET SIZE, BY APPLICATION AND DERIVATIVE, 2014-2021 (USD MILLION)
        • Table GERMANY: TOLUENE MARKET SIZE, BY APPLICATION AND DERIVATIVE, 2014-2021 (KT)
        • Table GERMANY: TOLUENE MARKET SIZE, BY APPLICATION AND DERIVATIVE, 2014-2021 (USD MILLION)
        • Table RUSSIA: TOLUENE MARKET SIZE, BY APPLICATION AND DERIVATIVE, 2014-2021 (KT)
        • Table RUSSIA: TOLUENE MARKET SIZE, BY APPLICATION AND DERIVATIVE, 2014-2021 (USD MILLION)
        • Table FRANCE: TOLUENE MARKET SIZE, BY APPLICATION AND DERIVATIVE, 2014-2021 (KT)
        • Table FRANCE: TOLUENE MARKET SIZE, BY APPLICATION AND DERIVATIVE, 2014-2021 (USD MILLION)
        • Table U.K.: TOLUENE MARKET SIZE, BY APPLICATION AND DERIVATIVE, 2014-2021 (KT)
        • Table U.K.: TOLUENE MARKET SIZE, BY APPLICATION AND DERIVATIVE, 2014-2021 (USD MILLION)
        • Table SPAIN: TOLUENE MARKET SIZE, BY APPLICATION AND DERIVATIVE, 2014-2021 (KT)
        • Table SPAIN: TOLUENE MARKET SIZE, BY APPLICATION AND DERIVATIVE, 2014-2021 (USD MILLION)
        • Table REST OF EUROPE: TOLUENE MARKET SIZE, BY APPLICATION AND DERIVATIVE, 2014-2021 (KT)
        • Table REST OF EUROPE: TOLUENE MARKET SIZE, BY APPLICATION AND DERIVATIVE, 2014-2021 (USD MILLION)
    • MIDDLE EAST & AFRICA
      • OVERVIEW
        • Table MIDDLE EAST & AFRICA: TOLUENE MARKET SIZE, BY COUNTRY, 2014-2021 (KT)
        • Table MIDDLE EAST & AFRICA: TOLUENE MARKET SIZE, BY COUNTRY, 2014-2021 (USD MILLION)
        • Table MIDDLE EAST & AFRICA: TOLUENE MARKET SIZE, BY APPLICATION AND DERIVATIVE, 2014-2021 (KT)
        • Table MIDDLE EAST & AFRICA: TOLUENE MARKET SIZE, BY APPLICATION AND DERIVATIVE, 2014-2021 (USD MILLION)
        • Table SAUDI ARABIA: TOLUENE MARKET SIZE, BY APPLICATION AND DERIVATIVE, 2014-2021 (KT)
        • Table SAUDI ARABIA: TOLUENE MARKET SIZE, BY APPLICATION AND DERIVATIVE, 2014-2021 (USD MILLION)
        • Table IRAN: TOLUENE MARKET SIZE, BY APPLICATION AND DERIVATIVE, 2014-2021 (KT)
        • Table IRAN: TOLUENE MARKET SIZE, BY APPLICATION AND DERIVATIVE, 2014-2021 (USD MILLION)
        • Table U.A.E.: TOLUENE MARKET SIZE, BY APPLICATION AND DERIVATIVE, 2014-2021 (KT)
        • Table U.A.E.: TOLUENE MARKET SIZE, BY APPLICATION AND DERIVATIVE, 2014-2021 (USD MILLION)
        • Table SOUTH AFRICA: TOLUENE MARKET SIZE, BY APPLICATION AND DERIVATIVE, 2014-2021 (KT)
        • Table SOUTH AFRICA: TOLUENE MARKET SIZE, BY APPLICATION AND DERIVATIVE, 2014-2021 (USD MILLION)
        • Table MIDDLE EAST & AFRICA: TOLUENE MARKET SIZE, BY APPLICATION AND DERIVATIVE, 2014-2021 (KT)
        • Table MIDDLE EAST & AFRICA: TOLUENE MARKET SIZE, BY APPLICATION AND DERIVATIVE, 2014-2021 (USD MILLION)
    • LATIN AMERICA
      • OVERVIEW
        • Table LATIN AMERICA: TOLUENE MARKET SIZE, BY COUNTRY, 2014-2021 (KT)
        • Table LATIN AMERICA: TOLUENE MARKET SIZE, BY COUNTRY, 2014-2021 (USD MILLION)
        • Table LATIN AMERICA: TOLUENE MARKET SIZE, BY APPLICATION AND DERIVATIVE, 2014-2021 (KT)
        • Table LATIN AMERICA: TOLUENE MARKET SIZE, BY APPLICATION AND DERIVATIVE, 2014-2021 (USD MILLION)
        • Table BRAZIL: TOLUENE MARKET SIZE, BY APPLICATION AND DERIVATIVE, 2014-2021 (KT)
        • Table BRAZIL: TOLUENE MARKET SIZE, BY APPLICATION AND DERIVATIVE, 2014-2021 (USD MILLION)
        • Table VENEZUELA: TOLUENE MARKET SIZE, BY APPLICATION AND DERIVATIVE, 2014-2021 (KT)
        • Table VENEZUELA: TOLUENE MARKET SIZE, BY APPLICATION AND DERIVATIVE, 2014-2021 (USD MILLION)
        • Table COLOMBIA: TOLUENE MARKET SIZE, BY APPLICATION AND DERIVATIVE, 2014-2021 (KT)
        • Table COLOMBIA: TOLUENE MARKET SIZE, BY APPLICATION AND DERIVATIVE, 2014-2021 (USD MILLION)
        • Table ARGENTINA: TOLUENE MARKET SIZE, BY APPLICATION AND DERIVATIVE, 2014-2021 (KT)
        • Table ARGENTINA: TOLUENE MARKET SIZE, BY APPLICATION AND DERIVATIVE, 2014-2021 (USD MILLION)
        • Table REST OF LATIN AMERICA: TOLUENE MARKET SIZE, BY APPLICATION AND DERIVATIVE, 2014-2021 (KT)
        • Table REST OF LATIN AMERICA: TOLUENE MARKET SIZE, BY APPLICATION AND DERIVATIVE, 2014-2021 (USD MILLION)
  • COMPANY PROFILES
    • CHINA PETROLEUM & CHEMICAL CORPORATION
      • BUSINESS OVERVIEW
      • PRODUCTION CAPACITIES
      • CHINA PETROLEUM & CHEMICAL CORPORATION: SWOT ANALYSIS
      • MNM VIEW
    • EXXON MOBIL CORPORATION
      • BUSINESS OVERVIEW
      • PRODUCTION CAPACITIES
      • EXXON MOBIL CORPORATION: SWOT ANALYSIS
      • MNM VIEW
    • COVESTRO AG
      • BUSINESS OVERVIEW
      • PRODUCTION CAPACITIES
      • RECENT DEVELOPMENTS
      • COVESTRO AG: SWOT ANALYSIS
      • MNM VIEW
    • BP PLC
      • BUSINESS OVERVIEW
      • PRODUCTION CAPACITIES
      • BP PLC: SWOT ANALYSIS
      • MNM VIEW
    • SK INNOVATION CO., LTD
      • BUSINESS OVERVIEW
      • PRODUCTION CAPACITIES
      • SK INNOVATION CO. LTD.: SWOT ANALYSIS
      • MNM VIEW
    • BASF SE
      • BUSINESS OVERVIEW
      • PRODUCTION CAPACITIES
      • RECENT DEVELOPMENTS
      • BASF SE: SWOT ANALYSIS
      • MNM VIEW
    • ROYAL DUTCH SHELL PLC
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • PRODUCTION CAPACITIES
      • ROYAL DUTCH SHELL PLC: SWOT ANALYSIS
      • MNM VIEW
    • CHINA NATIONAL PETROLEUM CORPORATION
      • BUSINESS OVERVIEW
      • PRODUCTION CAPACITIES
      • MNM VIEW
    • FORMOSA CHEMICALS & FIBRE CORPORATION
      • BUSINESS OVERVIEW
      • PRODUCTION CAPACITIES
    • CPC CORPORATION
      • BUSINESS OVERVIEW
      • PRODUCTION CAPACITIES
    • BRASKEM SA
      • BUSINESS OVERVIEW
    • INDIAN OIL CORPORATION LIMITED
      • BUSINESS OVERVIEW
    • LYONDELLBASELL INDUSTRIES NV
      • BUSINESS OVERVIEW
    • MITSUI CHEMICALS, INC.
      • BUSINESS OVERVIEW
      • RECENT DEVELOPMENTS
    • THE DOW CHEMICAL COMPANY
      • BUSINESS OVERVIEW
      • RECENT DEVELOPMENTS
    • TOSOH CORPORATION
      • BUSINESS OVERVIEW
    • TOTAL SA
      • BUSINESS OVERVIEW
    • GS CALTEX CORPORATION
      • BUSINESS OVERVIEW
    • CHEVRON PHILLIPS CHEMICAL COMPANY LLC
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
    • MITSUBISHI CHEMICAL CORPORATION
      • BUSINESS OVERVIEW
    • NOVA CHEMICALS CORPORATION
      • BUSINESS OVERVIEW
    • OTHER KEY MARKET PLAYERS
      • OCI COMPANY LTD.
      • HUSKY ENERGY INC.
      • MARATHON PETROLEUM CORP.
      • VALERO ENERGY CORPORATION
      • BORSODCHEM
      • VENCOREX
      • RELIANCE INDUSTRIES LIMITED
      • CITGO PETROLEUM CORPORATION
      • PEMEX
      • FLINT HILL RESOURCES, LP
  • APPENDIX
    • INSIGHTS FROM INDUSTRY EXPERTS
    • DISCUSSION GUIDE
    • KNOWLEDGE STORE: MARKETSANDMARKETS' SUBSCRIPTION PORTAL
    • INTRODUCING RT: REAL-TIME MARKET INTELLIGENCE
    • AVAILABLE CUSTOMIZATIONS
    • RELATED REPORTS
    • AUTHOR DETAILS

Download our eBook: How to Succeed Using Market Research

Learn how to effectively navigate the market research process to help guide your organization on the journey to success.

Download eBook

Share this report