Toluene Market PDF: Global Size, Share, Trends, Growth & Forecast to 2019-2024

1. Global Toluene Market Research Report and Forecast 2024 Report Edition: 2019 Copyright © IMARC Service Pvt Ltd. All Rights Reserved © 2019 IMARC All Rights Reserved

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3. Report Description and Highlights Report Description Global Toluene Market Overview: According to the latest report by IMARC Group, titled “Toluene Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2019-2024”, the global toluene market reached a value of US$ 22.5 Billion in 2018. Toluene is a water-insoluble, colorless and organic chemical compound. It is a minor constituent obtained during the production of gasoline and crude oil. Toluene can also be produced through natural sources such as tolu tree and as a by-product of styrene production. Owing to its physical and chemical properties, toluene is used in the synthesis of saccharin, trinitrotoluene (TNT) and benzoic acid. It is also utilized in the manufacturing of polymers used for making plastic soda bottles, nylon and polyurethanes. Toluene Market Trends Toluene currently plays a vital role across several end-use industries, such as building and construction, printing, rubber, oil and gas, resins, leather and pharmaceuticals, which is one of the major factors driving the growth of the toluene market. Moreover, there has been a rise in the usage of toluene in gasoline mixtures in the form of an octane booster for controlling the energy content of gasoline. Apart from this, an increase in the utilization of aromatics to manufacture nail paints, agrochemicals and elastomers in the petrochemical industry is positively influencing the market growth.

4. Report Description and Highlights Report Description 186.5 181.2 120.2125.5130.8136.1141.4146.7152.0157.3 175.9 170.6 160 180 165.3 160.0 160 140 140 120 In Billion US$ in Billion US$ 120 100 100 80 80 60 60 40 40 20 20 0 0 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 However, toluene has intoxicating effects due to which its application has been hampered in several industries. Despite this hindrance, the market value is expected to reach US$ 31.1 Billion by 2024, at a projected CAGR of 5.6% during 2019-2024. Request for a free sample report: https://www.imarcgroup.com/toluene-technical-material-market- report/requestsample

5. Report Description and Highlights Report Description Further, the manufacturers of toluene are adopting new technologies like Celanese's AO-plus and BP's Cativa which help in lowering the operating cost, enhancing production efficiency and increasing capacity. Key Market Segmentation: Market Segmentation by Technology • • • • Reformation Process Pigs Process Coke/Coal Process Styrene Process On the basis of technology, the market has been segmented into reformation process, pygas process, coke/coal process and styrene process. Amongst these, the reformation process exhibits a clear dominance in the market. For more information, click here: https://www.imarcgroup.com/toluene-technical-material-market- report

6. Report Description and Highlights Report Description Market Segmentation by Application • • • • • • • • Gasoline STDP/TPX Solvents Trans Alkylation (TA) Hydrodealkylation Toluene Diisocyanate (TDI) Toluene Disproportionation (TDP) Others Based on application, the market has been segregated into gasoline, STDP/TPX, solvents, trans alkylation (TA), hydrodealkylation, toluene diisocyanate (TDI) and toluene disproportionation (TDP). Currently, gasoline represents the largest segment owing to the increasing usage of toluene in gasoline as an additive. Market Segmentation by Region • Asia Pacific

7. Report Description and Highlights Report Description • • • • Europe North America Middle East and Africa Latin America On a geographical front, Asia Pacific holds the majority of the total global market. This is due to a rise in the demand for toluene in construction activities across various nations in the region. Asia Pacific is followed by North America, Europe, Middle East and Africa, and Latin America. Competitive Landscape: The competitive landscape of the market has also been examined with some of the key players. • • • • • Exxon Mobil Corporation SK Group British Petroleum Versalis Compañia Española De Petroleos Sau

8. Report Description and Highlights Report Description Browse Related Report Neoprene Market Report: https://www.imarcgroup.com/neoprene-market Nylon Fiber Market Report: https://www.imarcgroup.com/nylon-fiber-market

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11. Report Description and Highlights Report Description © 2019 IMARC All Rights Reserved This Publication and all it’s contents unless otherwise mentioned are copyrighted in the name of International Market Analysis Research and Consulting (IMARC). No part of this publication may be reproduced, repackaged, redistributed or resold in whole or in any part. The publication may also not be used in any form or by and means graphic electronic or mechanical, including photocopying, recording, taping or by information storage or retrieval, or by any other form, without the express consent of International Market Analysis Research and Consulting (IMARC). Disclaimer: All contents and data of this publication, including forecasts, data analysis and opinion have been based on information and sources believed to be accurate and reliable at the time of publishing. International Market Analysis Research and Consulting makes no representation of warranty of any kind as to the accuracy or completeness of any Information provided. IMARC accepts no liability whatsoever for any loss or damage resulting from opinion, errors or inaccuracies if any found this publication. IMARC, IMARC Group and Global Therapy Insight Series are registered trademarks of International Market Analysis Research and Consulting. All other trademarks used in this publication are registered trademarks of their respective companies.

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