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| ✷ Report Code: A01653 | Feb 2022 | Pages: 330 | ||
| Tables: 213 | Charts: 70 |
| |
Pandemic disrupted the entire world and affected many industries.
Get detailed COVID-19 impact analysis on the Toluene Market
Request Now !The global toluene market was valued at $20.09 billion in 2020, and is projected to reach $33.23 billion by 2030, growing at a CAGR of 5.2% from 2021 to 2030.
Statement for COVID-19 banner: The toluene market has been negatively impacted due to the wake of COVID-19 pandemic owing to its dependence on chemical, oil & gas, and paint & coatings sector. According to a report published by the National Bureau of Statistics of China, the chemical manufacturing industry witnessed a 20% decline in production in March 2020 as compared to March 2019, while profits declined by 66%.
Toluene is a clear water insoluble aromatic hydrocarbon solvent that possesses aromatic, benzene-like smell, and is a highly volatile flammable liquid. It is produced from petroleum and coal tar, and is used as a solvent in the manufacturing of other organic chemicals, such as benzene, xylene, and toluene diisocyanate. In addition, it is used as a solvent in paints, thinners, adhesives, and inks.
Increasing potential applications of toluene in several end-use sectors such as drugs, blending, cosmetic nail products, pesticides & fertilizers manufacturing, and others, has surged the usage of toluene across various important applications. This may act as one of the key drivers for the growth of the toluene market during the forecast period. In addition, paints & coating industry is expected to register a steady growth rate owing to increasing demand from automotive, consumer durables, and construction sector where toluene is widely used as a solvent for thinning paints, enamels, varnishes and alkyd resins. This factor is predicted to boost the growth of the toluene market.
However, the prices of toluene have been increasing over the past few years, as the supplies are tightened due to production issues. Moreover, toluene is seasonal in nature, but is considered expensive, as the prices are continuously rising. This restrains the manufacturers with less investment potential to enter into the toluene market. This may hamper the growth of the toluene market. Moreover, implementation of stringent regulations toward volatile organic compounds (VOCs) limits the use of toluene in various end-use sectors, which is expected to hamper the market growth in the future.
On the contrary, technological advancements and increasing R&D activities have surged the production of toluene from shale gas at very low costs. This has led both the manufacturers and consumers become more linear toward using shale gas-based toluene for various end-use applications. This factor is anticipated to offer new opportunity in the global toluene market.
The global toluene market analysis is done on the basis of derivative type, application, production process, and region. Depending on derivative type, the market is divided into benzene & xylene, toluene diisocynates, gasoline additives, and others. On the basis of application, it is fragmented into drugs, dyes, blending, cosmetic nail products, and others. On the basis of production, it is classified into reformate processes, pygas processes, coke/coal processes, and styrene processes. Region-wise, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
The major companies profiled in this report include BASF SE, Chevron Phillips Chemical Company LLC, Dhanlaxami Organics & Chemicals, ExxonMobil Corporation, Kakdiya Chemicals, LyondellBasell Industries Holdings B.V., Mitsubishi Chemicals Corporation, Mitsui Chemicals, Pon Pure Chemicals and Valero Energy.
The Asia-Pacific toluene market size is projected to grow at the highest CAGR of 5.8% during the forecast period and accounted for 46.2% of toluene market share in 2020. This is attributed to increasing applications of toluene is sectors such as paint, electronic, healthcare, automotive, cleaning industry, cosmetics, textiles, and others in the Asia-Pacific region. Moreover, the strong demand for toluene in countries such as China, India, Japan, and Korea, due to different developing application segments has attracted the key players to expand or enter in the region.
In 2020, the benzene & xylene segment was the largest revenue generator, and is anticipated to grow at a CAGR of 5.4% during the forecast period. This is attributed benzene & xylene being the most commonly used industrial chemicals in various end-use sectors such as plastics, resins, synthetic fibers, rubber, lubricants, dyes, detergents, drugs, pesticides, and others. Furthermore, factors such as increasing demand for polyester, low cost of feed stock, and economical commodity products where benzene & xylene are widely used for manufacturing various consumer goods may escalate the growth of this segment in the global market.
By application, the drugs segment was the largest revenue generator, and is anticipated to grow at a CAGR of 5.2% during the forecast period. This is attributed to increase in severity of diseases where toluene is widely used in producing central nervous system (CNS) depressant drugs. In addition to this, it is used in veterinary medicine for treatment of various parasites in dogs and cats. These factors are augmenting the growth of the drugs segment in the global toluene market.
By production process, the reformate processes segment dominated the global market in 2020, and is anticipated to grow at a CAGR of 5.5% during the forecast period. This is attributed to reformate process being one of the major production process by which aromatic hydrocarbon such as benzene and toluene are produced. Furthermore, the increase in adoption of reformate process for producing toluene in several end-use sectors such as oil & gas, paints & coatings, cosmetics, pharmaceuticals, and others, is augmenting the growth of the reformate processes segment in the global toluene market.
Key benefits for stakeholders
Impact Of Covid-19 On The Global Toluene Market
Toluene Market Report Highlights
| Aspects | Details |
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| By Derivative Type |
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| By Application |
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| By Production Process |
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| By Region |
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| By Key players in the global toluene market are: |
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CHAPTER 1:INTRODUCTION
1.1.Report description
1.2.Key benefits for stakeholders
1.3.Key market segments
1.4.Research methodology
1.4.1.Secondary research
1.4.2.Primary research
1.5.Analyst tools and models
CHAPTER 2:EXECUTIVE SUMMARY
2.1.Key findings of the study
2.2.CXO perspective
CHAPTER 3:MARKET OVERVIEW
3.1.Market definition and scope
3.2.Key findings
3.2.1.Top investment pockets
3.3.Porter’s five forces analysis
3.4.Market dynamics
3.4.1.Drivers
3.4.1.1.Increasing potential applications of toluene is several end use sectors
3.4.1.2.Escalating demand from paints & coatings sector
3.4.2.Restraint
3.4.2.1.Government rules and regulations
3.4.3.Opportunity
3.4.3.1.Production of shale gas-based toluene
3.5.Value chain analysis
3.6.Pricing analysis
3.7.Impact of key regulations on the global toluene market
3.8.Impact of COVID-19 on the global toluene market
3.9.Patent analysis, 2012–2021
CHAPTER 4:TOLUENE MARKET, BY DERIVATIVE TYPE
4.1.Overview
4.1.1.Market size and forecast, by derivative type
4.2.Benzene & xylene
4.2.1.Key market trends, growth factors, and opportunities
4.2.2.Market size and forecast, by region
4.2.3.Market share analysis, by country
4.3.Toluene diisocnates
4.3.1.Key market trends, growth factors, and opportunities
4.3.2.Market size and forecast, by region
4.3.3.Market share analysis, by country
4.4.Gasoline additives
4.4.1.Key market trends, growth factors, and opportunities
4.4.2.Market size and forecast, by region
4.4.3.Market share analysis, by country
4.5.Others
4.5.1.Key market trends, growth factors, and opportunities
4.5.2.Market size and forecast, by region
4.5.3.Market share analysis, by country
CHAPTER 5:TOLUENE MARKET, BY APPLICATION
5.1.Overview
5.1.1.Market size and forecast
5.2.Drugs
5.2.1.Key market trends, growth factors, and opportunities
5.2.2.Market size and forecast, by region
5.2.3.Market share analysis, by country
5.3.Dyes
5.3.1.Key market trends, growth factors, and opportunities
5.3.2.Market size and forecast, by region
5.3.3.Market share analysis, by country
5.4.Blending
5.4.1.Key market trends, growth factors, and opportunities
5.4.2.Market size and forecast, by region
5.4.3.Market share analysis, by country
5.5.Cosmetic nail products
5.5.1.Key market trends, growth factors, and opportunities
5.5.2.Market size and forecast, by region
5.5.3.Market share analysis, by country
5.6.Others
5.6.1.Key market trends, growth factors, and opportunities
5.6.2.Market size and forecast, by region
5.6.3.Market share analysis, by country
CHAPTER 6:TOLUENE MARKET, BY PRODUCTION PROCESS
6.1.Overview
6.1.1.Market size and forecast
6.2.Reformate processes
6.2.1.Key market trends, growth factors, and opportunities
6.2.2.Market size and forecast, by region
6.2.3.Market share analysis, by country
6.3.Pygas processes
6.3.1.Key market trends, growth factors, and opportunities
6.3.2.Market size and forecast, by region
6.3.3.Market share analysis, by country
6.4.Coke/coal processes
6.4.1.Key market trends, growth factors, and opportunities
6.4.2.Market size and forecast, by region
6.4.3.Market share analysis, by country
6.5.Styrene processes
6.5.1.Key market trends, growth factors, and opportunities
6.5.2.Market size and forecast, by region
6.5.3.Market share analysis, by country
6.5.4.Market share analysis, by country
CHAPTER 7:TOLUENE MARKET, BY REGION
7.1.Overview
7.1.1.Market size and forecast
7.2.North America
7.2.1.Key market trends, growth factors, and opportunities
7.2.2.Market size and forecast, by derivative type
7.2.3.Market size and forecast, by production process
7.2.4.Market size and forecast, by application
7.2.5.Market share analysis, by country
7.2.5.1.U.S.
7.2.5.1.1.Market size and forecast, by derivative type
7.2.5.1.2.Market size and forecast, by production process
7.2.5.1.3.Market size and forecast, by application
7.2.5.2.Canada
7.2.5.2.1.Market size and forecast, by derivative type
7.2.5.2.2.Market size and forecast, by production process
7.2.5.2.3.Market size and forecast, by application
7.2.5.3.Mexico
7.2.5.3.1.Market size and forecast, by derivative type
7.2.5.3.2.Market size and forecast, by production process
7.2.5.3.3.Market size and forecast, by application
7.3.Europe
7.3.1.Key market trends, growth factors, and opportunities
7.3.2.Market size and forecast, by derivative type
7.3.3.Market size and forecast, by production process
7.3.4.Market size and forecast, by application
7.3.5.Market size and forecast, by country
7.3.5.1.Germany
7.3.5.1.1.Market size and forecast, by derivative type
7.3.5.1.2.Market size and forecast, by production process
7.3.5.1.3.Market size and forecast, by application
7.3.5.2.UK
7.3.5.2.1.Market size and forecast, by derivative type
7.3.5.2.2.Market size and forecast, by production process
7.3.5.2.3.Market size and forecast, by application
7.3.5.3.France
7.3.5.3.1.Market size and forecast, by derivative type
7.3.5.3.2.Market size and forecast, by production process
7.3.5.3.3.Market size and forecast, by application
7.3.5.4.Spain
7.3.5.4.1.Market size and forecast, by derivative type
7.3.5.4.2.Market size and forecast, by production process
7.3.5.4.3.Market size and forecast, by application
7.3.5.5.Italy
7.3.5.5.1.Market size and forecast, by derivative type
7.3.5.5.2.Market size and forecast, by production process
7.3.5.5.3.Market size and forecast, by application
7.3.5.6.Rest of Europe
7.3.5.6.1.Market size and forecast, by derivative type
7.3.5.6.2.Market size and forecast, by production process
7.3.5.6.3.Market size and forecast, by application
7.4.Asia-Pacific
7.4.1.Key market trends, growth factors, and opportunities
7.4.2.Market size and forecast, by derivative type
7.4.3.Market size and forecast, by production process
7.4.4.Market size and forecast, by application
7.4.5.Market size and forecast, by country
7.4.5.1.China
7.4.5.1.1.Market size and forecast, by derivative type
7.4.5.1.2.Market size and forecast, by production process
7.4.5.1.3.Market size and forecast, by application
7.4.5.2.Japan
7.4.5.2.1.Market size and forecast, by derivative type
7.4.5.2.2.Market size and forecast, by production process
7.4.5.2.3.Market size and forecast, by application
7.4.5.3.India
7.4.5.3.1.Market size and forecast, by derivative type
7.4.5.3.2.Market size and forecast, by production process
7.4.5.3.3.Market size and forecast, by application
7.4.5.4.South Korea
7.4.5.4.1.Market size and forecast, by derivative type
7.4.5.4.2.Market size and forecast, by production process
7.4.5.4.3.Market size and forecast, by application
7.4.5.5.Australia
7.4.5.5.1.Market size and forecast, by derivative type
7.4.5.5.2.Market size and forecast, by production process
7.4.5.5.3.Market size and forecast, by application
7.4.5.6.Rest of Asia-Pacific
7.4.5.6.1.Market size and forecast, by derivative type
7.4.5.6.2.Market size and forecast, by production process
7.4.5.6.3.Market size and forecast, by application
7.5.LAMEA
7.5.1.Key market trends, growth factors, and opportunities
7.5.2.Market size and forecast, by derivative type
7.5.3.Market size and forecast, by production process
7.5.4.Market size and forecast, by application
7.5.5.Market size and forecast, by country
7.5.5.1.Brazil
7.5.5.1.1.Market size and forecast, by derivative type
7.5.5.1.2.Market size and forecast, by production process
7.5.5.1.3.Market size and forecast, by application
7.5.5.2.KSA
7.5.5.2.1.Market size and forecast, by derivative type
7.5.5.2.2.Market size and forecast, by production process
7.5.5.2.3.Market size and forecast, by application
7.5.5.3.South Africa
7.5.5.3.1.Market size and forecast, by derivative type
7.5.5.3.2.Market size and forecast, by production process
7.5.5.3.3.Market size and forecast, by application
7.5.5.4.Rest of LAMEA
7.5.5.4.1.Market size and forecast, by derivative type
7.5.5.4.2.Market size and forecast, by production process
7.5.5.4.3.Market size and forecast, by application
CHAPTER 8:COMPETITIVE LANDSCAPE
8.1.INTRODUCTION
8.1.1.MARKET PLAYER POSITIONING, 2020
8.2.PRODUCT MAPPING OF TOP 10 PLAYER
8.3.COMPETITIVE DASHBOARD
8.4.COMPETITIVE HEATMAP
CHAPTER 9:COMPANY PROFILES
9.1.BASF SE
9.1.1.Company overview
9.1.2.Company snapshot
9.1.3.Operating business segments
9.1.4.Product portfolio
9.1.5.Business performance
9.2.Chevron Phillips Chemical Company LLC
9.2.1.Company overview
9.2.2.Company snapshot
9.2.3.Operating business segments
9.2.4.Product portfolio
9.2.5.Business performance
9.3.Dhanlaxami Organics & Chemicals
9.3.1.Company overview
9.3.2.Company snapshot
9.3.3.Product portfolio
9.4.ExxonMobil Corporation
9.4.1.Company overview
9.4.2.Company snapshot
9.4.3.Operating business segments
9.4.4.Product portfolio
9.4.5.Business performance
9.5.Kakdiya Chemicals
9.5.1.Company overview
9.5.2.Company snapshot
9.5.3.Product portfolio
9.6.LyondellBasell Industries Holdings B.V.
9.6.1.Company overview
9.6.2.Company snapshot
9.6.3.Product portfolio
9.6.4.Business performance
9.7.Mitsubishi Chemical Corporation
9.7.1.Company overview
9.7.2.Company snapshot
9.7.3.Operating business segments
9.7.4.Product portfolio
9.7.5.Business performance
9.8.Mitsui Chemicals, Inc.
9.8.1.Company overview
9.8.2.Company snapshot
9.8.3.Operating business segments
9.8.4.Product portfolio
9.8.5.Business performance
9.9.Pon Pure Chemical Group
9.9.1.Company overview
9.9.2.Company snapshot
9.9.3.Product Portfolio
9.10.VALERO ENERGY.
9.10.1.Company overview
9.10.2.Operating business segments
9.10.3.Product portfolio
9.10.4.Business performance
LIST OF TABLES
TABLE 01.TOLUENE MARKET, BY DERIVATIVE TYPE, 2020–2030 ($MILLION)
TABLE 02.TOLUENE MARKET, BY DERIVATIVE TYPE, 2020–2030 (KILOTONS)
TABLE 03.TOLUENE MARKET FOR BENZENE & XYLENE, BY REGION, 2020–2030 ($MILLION)
TABLE 04.TOLUENE MARKET FOR BENZENE & XYLENE, BY REGION, 2020–2030 (KILOTONS)
TABLE 05.TOLUENE MARKET FOR TOLUENE DIISOCNATES, BY REGION, 2020–2030 ($MILLION)
TABLE 06.TOLUENE MARKET FOR TOLUENE DIISOCNATES, BY REGION, 2020–2030 (KILOTONS)
TABLE 07.TOLUENE MARKET FOR GASOLINE ADDITIVES, BY REGION, 2020–2030 ($MILLION)
TABLE 08.TOLUENE MARKET FOR GASOLINE ADDITIVES, BY REGION, 2020–2030 (KILOTONS)
TABLE 09.TOLUENE MARKET FOR OTHERS, BY REGION, 2020–2030 ($MILLION)
TABLE 10.TOLUENE MARKET FOR OTHERS, BY REGION, 2020–2030 (KILOTONS)
TABLE 11.TOLUENE MARKET, BY APPLICATION, 2020–2030 ($MILLION)
TABLE 12.TOLUENE MARKET, BY APPLICATION, 2020–2030 (KILOTONS)
TABLE 13.TOLUENE MARKET FOR DRUGS, BY REGION, 2020–2030 ($MILLION)
TABLE 14.TOLUENE MARKET FOR DRUGS, BY REGION, 2020–2030 (KILOTONS)
TABLE 15.TOLUENE MARKET FOR DYES, BY REGION, 2020–2030 ($MILLION)
TABLE 16.TOLUENE MARKET FOR DYES, BY REGION, 2020–2030 (KILOTONS)
TABLE 17.TOLUENE MARKET FOR BLENDING, BY REGION, 2020–2030 ($MILLION)
TABLE 18.TOLUENE MARKET FOR BLENDING, BY REGION, 2020–2030 (KILOTONS)
TABLE 19.TOLUENE MARKET FOR COSMETIC NAIL PRODUCTS APPLICATION, BY REGION, 2020–2030 ($MILLION)
TABLE 20.TOLUENE MARKET FOR COSMETIC NAIL PRODUCTS APPLICATION, BY REGION, 2020–2030 (KILOTONS)
TABLE 21.TOLUENE MARKET FOR OTHERS, BY REGION, 2020–2030 ($MILLION)
TABLE 22.TOLUENE MARKET FOR OTHERS, BY REGION, 2020–2030 (KILOTONS)
TABLE 23.TOLUENE MARKET, BY PRODUCTION PROCESS, 2020–2030 ($MILLION)
TABLE 24.TOLUENE MARKET, BY PRODUCTION PROCESS, 2020–2030 (KILOTONS)
TABLE 25.TOLUENE MARKET FOR REFORMATE PROCESSES, BY REGION, 2020–2030 ($MILLION)
TABLE 26.TOLUENE MARKET FOR REFORMATE PROCESSES, BY REGION, 2020–2030 (KILOTONS)
TABLE 27.TOLUENE MARKET FOR PYGAS PROCESSES, BY REGION, 2020–2030 ($MILLION)
TABLE 28.TOLUENE MARKET FOR PYGAS PROCESSES, BY REGION, 2020–2030 (KILOTONS)
TABLE 29.TOLUENE MARKET FOR COKE/COAL PROCESSES PRODUCTION PROCESS, BY REGION, 2020–2030 ($MILLION)
TABLE 30.TOLUENE MARKET FOR COKE/COAL PROCESSES PRODUCTION PROCESS, BY REGION, 2020–2030 (KILOTONS)
TABLE 31.TOLUENE MARKET FOR STYRENE PROCESSES PRODUCTION PROCESS, BY REGION, 2020–2030 ($MILLION)
TABLE 32.TOLUENE MARKET FOR STYRENE PROCESSES PRODUCTION PROCESS, BY REGION, 2020–2030 (KILOTONS)
TABLE 33.TOLUENE MARKET, BY REGION, 2020–2030 ($MILLION)
TABLE 34.TOLUENE MARKET, BY REGION, 2020–2030 (KILOTONS)
TABLE 35.NORTH AMERICA TOLUENE MARKET, BY DERIVATIVE TYPE, 2020–2030 ($MILLION)
TABLE 36.NORTH AMERICA TOLUENE MARKET, BY DERIVATIVE TYPE, 2020–2030 (KILOTONS)
TABLE 37.NORTH AMERICA TOLUENE MARKET, BY PRODUCTION PROCESS, 2020–2030 ($MILLION)
TABLE 38.NORTH AMERICA TOLUENE MARKET, BY PRODUCTION PROCESS, 2020–2030 (KILOTONS)
TABLE 39.NORTH AMERICA TOLUENE MARKET, BY APPLICATION, 2020–2030 ($MILLION)
TABLE 40.NORTH AMERICA TOLUENE MARKET, BY APPLICATION, 2020–2030 (KILOTONS)
TABLE 41.NORTH AMERICA TOLUENE MARKET, BY COUNTRY, 2020–2030 ($MILLION)
TABLE 42.NORTH AMERICA TOLUENE MARKET, BY COUNTRY, 2020–2030 (KILOTONS)
TABLE 43.U.S. TOLUENE MARKET, BY DERIVATIVE TYPE, 2020–2030 ($MILLION)
TABLE 44.U.S. TOLUENE MARKET, BY DERIVATIVE TYPE, 2020–2030 (KILOTONS)
TABLE 45.U.S. TOLUENE MARKET, BY PRODUCTION PROCESS, 2020–2030 ($MILLION)
TABLE 46.U.S. TOLUENE MARKET, BY PRODUCTION PROCESS, 2020–2030 (KILOTONS)
TABLE 47.U.S. TOLUENE MARKET, BY APPLICATION, 2020–2030 ($MILLION)
TABLE 48.U.S. TOLUENE MARKET, BY APPLICATION, 2020–2030 (KILOTONS)
TABLE 49.CANADA TOLUENE MARKET, BY DERIVATIVE TYPE, 2020–2030 ($MILLION)
TABLE 50.CANADA TOLUENE MARKET, BY DERIVATIVE TYPE, 2020–2030 (KILOTONS)
TABLE 51.CANADA TOLUENE MARKET, BY PRODUCTION PROCESS, 2020–2030 ($MILLION)
TABLE 52.CANADA TOLUENE MARKET, BY PRODUCTION PROCESS, 2020–2030 (KILOTONS)
TABLE 53.CANADA TOLUENE MARKET, BY APPLICATION, 2020–2030 ($MILLION)
TABLE 54.CANADA TOLUENE MARKET, BY APPLICATION, 2020–2030 (KILOTONS)
TABLE 55.MEXICO TOLUENE MARKET, BY DERIVATIVE TYPE, 2020–2030 ($MILLION)
TABLE 56.MEXICO TOLUENE MARKET, BY DERIVATIVE TYPE, 2020–2030 (KILOTONS)
TABLE 57.MEXICO TOLUENE MARKET, BY PRODUCTION PROCESS, 2020–2030 ($MILLION)
TABLE 58.MEXICO TOLUENE MARKET, BY PRODUCTION PROCESS, 2020–2030 (KILOTONS)
TABLE 59.MEXICO TOLUENE MARKET, BY APPLICATION, 2020–2030 ($MILLION)
TABLE 60.MEXICO TOLUENE MARKET, BY APPLICATION, 2020–2030 (KILOTONS)
TABLE 61.EUROPE TOLUENE MARKET, BY DERIVATIVE TYPE, 2020–2030 ($MILLION)
TABLE 62.EUROPE TOLUENE MARKET, BY DERIVATIVE TYPE, 2020–2030 (KILOTONS)
TABLE 63.EUROPE TOLUENE MARKET, BY PRODUCTION PROCESS, 2020–2030 ($MILLION)
TABLE 64.EUROPE TOLUENE MARKET, BY PRODUCTION PROCESS, 2020–2030 (KILOTONS)
TABLE 65.EUROPE TOLUENE MARKET, BY APPLICATION, 2020–2030 ($MILLION)
TABLE 66.EUROPE TOLUENE MARKET, BY APPLICATION, 2020–2030 (KILOTONS)
TABLE 67.EUROPE TOLUENE MARKET, BY COUNTRY, 2020–2030 ($MILLION)
TABLE 68.EUROPE TOLUENE MARKET, BY COUNTRY, 2020–2030 (KILOTONS)
TABLE 69.GERMANY TOLUENE MARKET, BY DERIVATIVE TYPE, 2020–2030 ($MILLION)
TABLE 70.GERMANY TOLUENE MARKET, BY DERIVATIVE TYPE, 2020–2030 (KILOTONS)
TABLE 71.GERMANY TOLUENE MARKET, BY PRODUCTION PROCESS, 2020–2030 ($MILLION)
TABLE 72.GERMANY TOLUENE MARKET, BY PRODUCTION PROCESS, 2020–2030 (KILOTONS)
TABLE 73.GERMANY TOLUENE MARKET, BY APPLICATION, 2020–2030 ($MILLION)
TABLE 74.GERMANY TOLUENE MARKET, BY APPLICATION, 2020–2030 (KILOTONS)
TABLE 75.U.K. TOLUENE MARKET, BY DERIVATIVE TYPE, 2020–2030 ($MILLION)
TABLE 76.U.K. TOLUENE MARKET, BY DERIVATIVE TYPE, 2020–2030 (KILOTONS)
TABLE 77.U.K. TOLUENE MARKET, BY PRODUCTION PROCESS, 2020–2030 ($MILLION)
TABLE 78.U.K. TOLUENE MARKET, BY PRODUCTION PROCESS, 2020–2030 (KILOTONS)
TABLE 79.U.K. TOLUENE MARKET, BY APPLICATION, 2020–2030 ($MILLION)
TABLE 80.U.K. TOLUENE MARKET, BY APPLICATION, 2020–2030 (KILOTONS)
TABLE 81.FRANCE TOLUENE MARKET, BY DERIVATIVE TYPE, 2020–2030 ($MILLION)
TABLE 82.FRANCE TOLUENE MARKET, BY DERIVATIVE TYPE, 2020–2030 (KILOTONS)
TABLE 83.FRANCE TOLUENE MARKET, BY PRODUCTION PROCESS, 2020–2030 ($MILLION)
TABLE 84.FRANCE TOLUENE MARKET, BY PRODUCTION PROCESS, 2020–2030 (KILOTONS)
TABLE 85.FRANCE TOLUENE MARKET, BY APPLICATION, 2020–2030 ($MILLION)
TABLE 86.FRANCE TOLUENE MARKET, BY APPLICATION, 2020–2030 (KILOTONS)
TABLE 87.SPAIN TOLUENE MARKET, BY DERIVATIVE TYPE, 2020–2030 ($MILLION)
TABLE 88.SPAIN TOLUENE MARKET, BY DERIVATIVE TYPE, 2020–2030 (KILOTONS)
TABLE 89.SPAIN TOLUENE MARKET, BY PRODUCTION PROCESS, 2020–2030 ($MILLION)
TABLE 90.SPAIN TOLUENE MARKET, BY PRODUCTION PROCESS, 2020–2030 (KILOTONS)
TABLE 91.SPAIN TOLUENE MARKET, BY APPLICATION, 2020–2030 ($MILLION)
TABLE 92.SPAIN TOLUENE MARKET, BY APPLICATION, 2020–2030 (KILOTONS)
TABLE 93.ITALY TOLUENE MARKET, BY DERIVATIVE TYPE, 2020–2030 ($MILLION)
TABLE 94.ITALY TOLUENE MARKET, BY DERIVATIVE TYPE, 2020–2030 (KILOTONS)
TABLE 95.ITALY TOLUENE MARKET, BY PRODUCTION PROCESS, 2020–2030 ($MILLION)
TABLE 96.ITALY TOLUENE MARKET, BY PRODUCTION PROCESS, 2020–2030 (KILOTONS)
TABLE 97.ITALY TOLUENE MARKET, BY APPLICATION, 2020–2030 ($MILLION)
TABLE 98.ITALY TOLUENE MARKET, BY APPLICATION, 2020–2030 (KILOTONS)
TABLE 99.REST OF EUROPE TOLUENE MARKET, BY DERIVATIVE TYPE, 2020–2030 ($MILLION)
TABLE 100.REST OF EUROPE TOLUENE MARKET, BY DERIVATIVE TYPE, 2020–2030 (KILOTONS)
TABLE 101.REST OF EUROPE TOLUENE MARKET, BY PRODUCTION PROCESS, 2020–2030 ($MILLION)
TABLE 102.REST OF EUROPE TOLUENE MARKET, BY PRODUCTION PROCESS, 2020–2030 (KILOTONS)
TABLE 103.REST OF EUROPE OPTICALLY 3.4 CLEAR ADHESIVES MARKET, BY APPLICATION, 2020–2030 ($MILLION)
TABLE 104.REST OF EUROPE TOLUENE MARKET, BY APPLICATION, 2020–2030 (KILOTONS)
TABLE 105.ASIA-PACIFIC TOLUENE MARKET, BY DERIVATIVE TYPE, 2020–2030 ($MILLION)
TABLE 106.ASIA-PACIFIC TOLUENE MARKET, BY DERIVATIVE TYPE, 2020–2030 (KILOTONS)
TABLE 107.ASIA-PACIFIC TOLUENE MARKET, BY PRODUCTION PROCESS, 2020–2030 ($MILLION)
TABLE 108.ASIA-PACIFIC TOLUENE MARKET, BY PRODUCTION PROCESS, 2020–2030 (KILOTONS)
TABLE 109.ASIA-PACIFIC TOLUENE MARKET, BY APPLICATION, 2020–2030 ($MILLION)
TABLE 110.ASIA-PACIFIC TOLUENE MARKET, BY APPLICATION, 2020–2030 (KILOTONS)
TABLE 111.ASIA-PACIFIC TOLUENE MARKET, BY COUNTRY, 2020–2030 ($MILLION)
TABLE 112.ASIA-PACIFIC TOLUENE MARKET, BY COUNTRY, 2020–2030 (KILOTONS)
TABLE 113.CHINA TOLUENE MARKET, BY DERIVATIVE TYPE, 2020–2030 ($MILLION)
TABLE 114.CHINA TOLUENE MARKET, BY DERIVATIVE TYPE, 2020–2030 (KILOTONS)
TABLE 115.CHINA TOLUENE MARKET, BY PRODUCTION PROCESS, 2020–2030 ($MILLION)
TABLE 116.CHINA TOLUENE MARKET, BY PRODUCTION PROCESS, 2020–2030 (KILOTONS)
TABLE 117.CHINA TOLUENE MARKET, BY APPLICATION, 2020–2030 ($MILLION)
TABLE 118.CHINA TOLUENE MARKET, BY APPLICATION, 2020–2030 (KILOTONS)
TABLE 119.JAPAN TOLUENE MARKET, BY DERIVATIVE TYPE, 2020–2030 ($MILLION)
TABLE 120.JAPAN TOLUENE MARKET, BY DERIVATIVE TYPE, 2020–2030 (KILOTONS)
TABLE 121.JAPAN TOLUENE MARKET, BY PRODUCTION PROCESS, 2020–2030 ($MILLION)
TABLE 122.JAPAN TOLUENE MARKET, BY PRODUCTION PROCESS, 2020–2030 (KILOTONS)
TABLE 123.JAPAN TOLUENE MARKET, BY APPLICATION, 2020–2030 ($MILLION)
TABLE 124.JAPAN TOLUENE MARKET, BY APPLICATION, 2020–2030 (KILOTONS)
TABLE 125.INDIA TOLUENE MARKET, BY DERIVATIVE TYPE, 2020–2030 ($MILLION)
TABLE 126.INDIA TOLUENE MARKET, BY DERIVATIVE TYPE, 2020–2030 (KILOTONS)
TABLE 127.INDIA TOLUENE MARKET, BY PRODUCTION PROCESS, 2020–2030 ($MILLION)
TABLE 128.INDIA TOLUENE MARKET, BY PRODUCTION PROCESS, 2020–2030 (KILOTONS)
TABLE 129.INDIA TOLUENE MARKET, BY APPLICATION, 2020–2030 ($MILLION)
TABLE 130.INDIA TOLUENE MARKET, BY APPLICATION, 2020–2030 (KILOTONS)
TABLE 131.SOUTH KOREA TOLUENE MARKET, BY DERIVATIVE TYPE, 2020–2030 ($MILLION)
TABLE 132.SOUTH KOREA TOLUENE MARKET, BY DERIVATIVE TYPE, 2020–2030 (KILOTONS)
TABLE 133.SOUTH KOREA TOLUENE MARKET, BY PRODUCTION PROCESS, 2020–2030 ($MILLION)
TABLE 134.SOUTH KOREA TOLUENE MARKET, BY PRODUCTION PROCESS, 2020–2030 (KILOTONS)
TABLE 135.SOUTH KOREA TOLUENE MARKET, BY APPLICATION, 2020–2030 ($MILLION)
TABLE 136.SOUTH KOREA TOLUENE MARKET, BY APPLICATION, 2020–2030 (KILOTONS)
TABLE 137.AUSTRALIA TOLUENE MARKET, BY DERIVATIVE TYPE, 2020–2030 ($MILLION)
TABLE 138.AUSTRALIA TOLUENE MARKET, BY DERIVATIVE TYPE, 2020–2030 (KILOTONS)
TABLE 139.AUSTRALIA TOLUENE MARKET, BY PRODUCTION PROCESS, 2020–2030 ($MILLION)
TABLE 140.AUSTRALIA TOLUENE MARKET, BY PRODUCTION PROCESS, 2020–2030 (KILOTONS)
TABLE 141.AUSTRALIA TOLUENE MARKET, BY APPLICATION, 2020–2030 ($MILLION)
TABLE 142.AUSTRALIA TOLUENE MARKET, BY APPLICATION, 2020–2030 (KILOTONS)
TABLE 143.REST OF ASIA-PACIFIC TOLUENE MARKET, BY DERIVATIVE TYPE, 2020–2030 ($MILLION)
TABLE 144.REST OF ASIA-PACIFIC TOLUENE MARKET, BY DERIVATIVE TYPE, 2020–2030 (KILOTONS)
TABLE 145.REST OF ASIA-PACIFIC TOLUENE MARKET, BY PRODUCTION PROCESS, 2020–2030 ($MILLION)
TABLE 146.REST OF ASIA-PACIFIC TOLUENE MARKET, BY PRODUCTION PROCESS, 2020–2030 (KILOTONS)
TABLE 147.REST OF ASIA-PACIFIC TOLUENE MARKET, BY APPLICATION, 2020–2030 ($MILLION)
TABLE 148.REST OF ASIA-PACIFIC TOLUENE MARKET, BY APPLICATION, 2020–2030 (KILOTONS)
TABLE 149.LAMEA TOLUENE MARKET, BY DERIVATIVE TYPE, 2020–2030 ($MILLION)
TABLE 150.LAMEA TOLUENE MARKET, BY DERIVATIVE TYPE, 2020–2030 (KILOTONS)
TABLE 151.LAMEA TOLUENE MARKET, BY PRODUCTION PROCESS, 2020–2030 ($MILLION)
TABLE 152.LAMEA TOLUENE MARKET, BY PRODUCTION PROCESS, 2020–2030 (KILOTONS)
TABLE 153.LAMEA TOLUENE MARKET, BY APPLICATION, 2020–2030 ($MILLION)
TABLE 154.LAMEA TOLUENE MARKET, BY APPLICATION, 2020–2030 (KILOTONS)
TABLE 155.LAMEA TOLUENE MARKET, BY COUNTRY, 2020–2030 ($MILLION)
TABLE 156.LAMEA TOLUENE MARKET, BY COUNTRY, 2020–2030 (KILOTONS)
TABLE 157.BRAZIL TOLUENE MARKET, BY DERIVATIVE TYPE, 2020–2030 ($MILLION)
TABLE 158.BRAZIL TOLUENE MARKET, BY DERIVATIVE TYPE, 2020–2030 (KILOTONS)
TABLE 159.BRAZIL TOLUENE MARKET, BY PRODUCTION PROCESS, 2020–2030 ($MILLION)
TABLE 160.BRAZIL TOLUENE MARKET, BY PRODUCTION PROCESS, 2020–2030 (KILOTONS)
TABLE 161.BRAZIL TOLUENE MARKET, BY APPLICATION, 2020–2030 ($MILLION)
TABLE 162.BRAZIL TOLUENE MARKET, BY APPLICATION, 2020–2030 (KILOTONS)
TABLE 163.KSA TOLUENE MARKET, BY DERIVATIVE TYPE, 2020–2030 ($MILLION)
TABLE 164.KSA TOLUENE MARKET, BY DERIVATIVE TYPE, 2020–2030 (KILOTONS)
TABLE 165.KSA TOLUENE MARKET, BY PRODUCTION PROCESS, 2020–2030 ($MILLION)
TABLE 166.KSA TOLUENE MARKET, BY PRODUCTION PROCESS, 2020–2030 (KILOTONS)
TABLE 167.KSA TOLUENE MARKET, BY APPLICATION, 2020–2030 ($MILLION)
TABLE 168.KSA TOLUENE MARKET, BY APPLICATION, 2020–2030 (KILOTONS)
TABLE 169.SOUTH AFRICA TOLUENE MARKET, BY DERIVATIVE TYPE, 2020–2030 ($MILLION)
TABLE 170.SOUTH AFRICA TOLUENE MARKET, BY DERIVATIVE TYPE, 2020–2030 (KILOTONS)
TABLE 171.SOUTH AFRICA TOLUENE MARKET, BY PRODUCTION PROCESS, 2020–2030 ($MILLION)
TABLE 172.SOUTH AFRICA TOLUENE MARKET, BY PRODUCTION PROCESS, 2020–2030 (KILOTONS)
TABLE 173.SOUTH AFRICA TOLUENE MARKET, BY APPLICATION, 2020–2030 ($MILLION)
TABLE 174.SOUTH AFRICA TOLUENE MARKET, BY APPLICATION, 2020–2030 (KILOTONS)
TABLE 175.REST OF LAMEA TOLUENE MARKET, BY DERIVATIVE TYPE, 2020–2030 ($MILLION)
TABLE 176.REST OF LAMEA TOLUENE MARKET, BY DERIVATIVE TYPE, 2020–2030 (KILOTONS)
TABLE 177.REST OF LAMEA TOLUENE MARKET, BY PRODUCTION PROCESS, 2020–2030 ($MILLION)
TABLE 178.REST OF LAMEA TOLUENE MARKET, BY PRODUCTION PROCESS, 2020–2030 (KILOTONS)
TABLE 179.REST OF LAMEA TOLUENE MARKET, BY APPLICATION, 2020–2030 ($MILLION)
TABLE 180.REST OF LAMEA TOLUENE MARKET, BY APPLICATION, 2020–2030 (KILOTONS)
TABLE 181.BASF SE: COMPANY SNAPSHOT
TABLE 182.BASF SE: OPERATING SEGMENT
TABLE 183.BASF SE: PRODUCT PORTFOLIO
TABLE 184.BASF SE: OVERALL FINANCIAL STATUS ($MILLION)
TABLE 185.CHEVRON PHILLIPS CHEMICAL COMPANY LLC: COMPANY SNAPSHOT
TABLE 186.CHEVRON PHILLIPS CHEMICAL COMPANY LLC: OPERATING SEGMENT
TABLE 187.CHEVRON PHILLIPS CHEMICAL COMPANY LLC: PRODUCT PORTFOLIO
TABLE 188.CHEVRON PHILLIPS CHEMICAL COMPANY LLC: OVERALL FINANCIAL STATUS ($MILLION)
TABLE 189.DHANLAXAMI ORGANICS & CHEMICALS : COMPANY SNAPSHOT
TABLE 190.DHANLAXAMI ORGANICS & CHEMICALS :PRODUCT PORTFOLIO
TABLE 191.EXXON MOBIL CORPORATION: COMPANY SNAPSHOT
TABLE 192.EXXON MOBIL CORPORATION: OPERATING SEGMENTS
TABLE 193.EXXON MOBIL CORPORATION: PRODUCT PORTFOLIO
TABLE 194.EXXON MOBIL:OVERALL FINANCIAL STATUS ($MILLION)
TABLE 195.KAKDIYA CHEMICALS:COMPANY SNAPSHOT
TABLE 196.KAKDIYA CHEMICALS:PRODUCT PORTFOLIO
TABLE 197.LYONDELLBASELL INDUSTRIES HOLDINGS B.V.: COMPANY SNAPSHOT
TABLE 198.LYONDELLBASELL INDUSTRIES HOLDINGS B.V.: PRODUCT PORTFOLIO
TABLE 199.LYONDELLBASELL INDUSTRIES HOLDINGS B.V.:OVERALL FINANCIAL STATUS ($BILLION)
TABLE 200.MITSUBISHI CHEMICAL CORPORATION: COMPANY SNAPSHOT
TABLE 201.MITSUBISHI CHEMICAL CORPORATION: OPERATING SEGMENTS
TABLE 202.MITSUBISHI CHEMICAL CORPORATION: PRODUCT PORTFOLIO
TABLE 203.MITSUBISHI CHEMICAL CORPORATION: OVERALL FINANCIAL STATUS ($MILLION)
TABLE 204.MITSUI CHEMICALS INC.: COMPANY SNAPSHOT
TABLE 205.MITSUI CHEMICALS, INC.: OPERATING SEGMENTS
TABLE 206.MITSUI CHEMICALS, INC..: PRODUCT PORTFOLIO
TABLE 207.MITSUI CHEMICALS, INC.: OVERALL FINANCIAL STATUS ($MILLION)
TABLE 208.PON PURE CHEMICAL GROUP:COMPANY SNAPSHOT
TABLE 209.PON PURE CHEMICAL GROUP: PRODUCT PORTFOLIO
TABLE 210.VALERO ENERGY.: COMPANY SNAPSHOT
TABLE 211.VALERO ENERGY : OPERATING SEGMENTS
TABLE 212.VALERO ENERGY:PRODUCT PORTFOLIO
TABLE 213.VALERO ENERGY : OVERALL FINANCIAL STATUS ($MILLION )
LIST OF FIGURES
FIGURE 01.TOLUENE MARKET SNAPSHOT
FIGURE 02.TOLUENE MARKET SEGMENTATION
FIGURE 03.TOP INVESTMENT POCKETS
FIGURE 04.MODERATE BARGAINING POWER OF SUPPLIERS
FIGURE 05.MODERATE BARGAINING POWER OF BUYERS
FIGURE 06.MODERATE THREAT OF NEW ENTRANTS
FIGURE 07.MODERATE THREAT OF SUBSTITUTES
FIGURE 08.MODERATE COMPETITIVE RIVALRY
FIGURE 09.TOLUENE MARKET DYNAMICS
FIGURE 10.VALUE CHAIN ANALYSIS
FIGURE 11.TOLUENE MARKET, PRICING ANALYSIS, BY PRODUCT DERIVATIVE TYPE, USD/KILOTONS
FIGURE 12.PATENT ANALYSIS, BY COUNTRY, 2021
FIGURE 13.PATENT ANALYSIS, BY APPLICANT, 2021
FIGURE 14.PATENT ANALYSIS, BY PUBLICATION DATE, 2012–2021
FIGURE 15.TOLUENE MARKET, BY DERIVATIVE TYPE, 2020–2030 ($MILLION)
FIGURE 16.COMPARATIVE SHARE ANALYSIS OF TOLUENE MARKET FOR BENZENE & XYLENE, BY COUNTRY, 2020 & 2030 (%)
FIGURE 17.COMPARATIVE SHARE ANALYSIS OF TOLUENE MARKET FOR TOLUENE DIISOCNATES, BY COUNTRY, 2020 & 2030 (%)
FIGURE 18.COMPARATIVE SHARE ANALYSIS OF TOLUENE MARKET FOR GASOLINE ADDITIVES, BY COUNTRY, 2020 & 2030 (%)
FIGURE 19.COMPARATIVE SHARE ANALYSIS OF TOLUENE MARKET FOR OTHERS, BY COUNTRY, 2020 & 2030 (%)
FIGURE 20.TOLUENE MARKET, BY APPLICATION, 2020–2030 ($MILLION)
FIGURE 21.COMPARATIVE SHARE ANALYSIS OF TOLUENE MARKET FOR DRUGS, BY COUNTRY, 2020 & 2030 (%)
FIGURE 22.COMPARATIVE SHARE ANALYSIS OF TOLUENE MARKET FOR DYES, BY COUNTRY, 2020 & 2030 (%)
FIGURE 23.COMPARATIVE SHARE ANALYSIS OF TOLUENE MARKET FOR BLENDING, BY COUNTRY, 2020 & 2030 (%)
FIGURE 24.COMPARATIVE SHARE ANALYSIS OF TOLUENE MARKET FOR COSMETIC NAIL PRODUCTS, BY COUNTRY, 2020& 2030 (%)
FIGURE 25.COMPARATIVE SHARE ANALYSIS OF TOLUENE MARKET FOR OTHERS, BY COUNTRY, 2020 & 2030 (%)
FIGURE 26.TOLUENE MARKET, BY PRODUCTION PROCESS, 2020–2030 ($MILLION)
FIGURE 27.COMPARATIVE SHARE ANALYSIS OF TOLUENE MARKET FOR REFORMATE PROCESSES, BY COUNTRY, 2020 & 2030 (%)
FIGURE 28.COMPARATIVE SHARE ANALYSIS OF TOLUENE MARKET FOR PYGAS PROCESSES, BY COUNTRY, 2020 & 2030 (%)
FIGURE 29.COMPARATIVE SHARE ANALYSIS OF TOLUENE MARKET FOR COKE/COAL PROCESSES, BY COUNTRY, 2020 & 2030 (%)
FIGURE 30.COMPARATIVE SHARE ANALYSIS OF TOLUENE MARKET FOR STYRENE PROCESSES, BY COUNTRY, 2020 & 2030 (%)
FIGURE 31.COMPARATIVE SHARE ANALYSIS OF TOLUENE MARKET FOR STYRENE PROCESSES, BY COUNTRY, 2020& 2030 (%)
FIGURE 32.TOLUENE MARKET, BY REGION, 2020–2030 ($MILLION)
FIGURE 33.U.S. TOLUENE MARKET REVENUE, 2020–2030($MILLION)
FIGURE 34.CANADA TOLUENE MARKET REVENUE, 2020–2030($MILLION)
FIGURE 35.MEXICO TOLUENE MARKET REVENUE, 2020–2030($MILLION)
FIGURE 36.GERMANY TOLUENE MARKET REVENUE, 2020–2030($MILLION)
FIGURE 37.UK TOLUENE MARKET REVENUE, 2020–2030($MILLION)
FIGURE 38.FRANCE TOLUENE MARKET REVENUE, 2020–2030($MILLION)
FIGURE 39.SPAIN TOLUENE MARKET REVENUE, 2020–2030($MILLION)
FIGURE 40.ITALY TOLUENE MARKET REVENUE, 2020–2030($MILLION)
FIGURE 41.REST OF EUROPE TOLUENE MARKET REVENUE, 2020–2030($MILLION)
FIGURE 42.CHINA TOLUENE MARKET REVENUE, 2020–2030($MILLION)
FIGURE 43.JAPAN TOLUENE MARKET REVENUE, 2020–2030($MILLION)
FIGURE 44.INDIA TOLUENE MARKET REVENUE, 2020–2030($MILLION)
FIGURE 45.SOUTH KOREA TOLUENE MARKET REVENUE, 2020–2030($MILLION)
FIGURE 46.AUSTRALIA TOLUENE MARKET REVENUE, 2020–2030($MILLION)
FIGURE 47.REST OF ASIA-PACIFIC TOLUENE MARKET REVENUE, 2020–2030($MILLION)
FIGURE 48.BRAZIL TOLUENE MARKET REVENUE, 2020–2030($MILLION)
FIGURE 49.KSA TOLUENE MARKET REVENUE, 2020–2030 ($MILLION)
FIGURE 50.SOUTH AFRICA MARKET REVENUE, 2020–2030($MILLION)
FIGURE 51.REST OF LAMEA MARKET REVENUE, 2020–2030($MILLION)
FIGURE 52.MARKET PLAYER POSITIONING, 2020
FIGURE 53.PRODUCT MAPPING OF TOP 10 PLAYERS
FIGURE 54.COMPETITIVE DASHBOARD
FIGURE 55.COMPETITIVE HEATMAP OF KEY PLAYERS
FIGURE 56.BASF SE: REVENUE, 2018–2020 ($MILLION)
FIGURE 57.BASF SE: REVENUE SHARE BY SEGMENT, 2020 (%)
FIGURE 58.BASF SE: REVENUE SHARE BY REGION, 2020 (%)
FIGURE 59.CHEVRON PHILLIPS CHEMICAL COMPANY LLC: NET SALES, 2018–2020 ($MILLION)
FIGURE 60.EXXON MOBIL: REVENUE, 2018–2020 ($MILLION)
FIGURE 61.EXXON MOBIL: REVENUE SHARE BY SEGMENT, 2020 (%)
FIGURE 62.EXXON MOBIL: REVENUE SHARE BY REGION, 2020 (%)
FIGURE 63.LYONDELLBASELL INDUSTRIES HOLDINGS B.V.: NET SALES, 2018–2020 ($BILLION)
FIGURE 64.LYONDELLBASELL INDUSTRIES HOLDINGS B.V.: REVENUE SHARE BY REGION, 2020 (%)
FIGURE 65.MITSUBISHI CHEMICAL CORPORATION: NET SALES, 2018–2020 ($MILLION)
FIGURE 66.MITSUBISHI CHEMICAL CORPORTATION: REVENUE SHARE BY SEGMENT, 2020 (%)
FIGURE 67.: NET SALES, 2018–2020 ($MILLION)
FIGURE 68.MITSUI CHEMICALS INC.: REVENUE SHARE BY SEGMENT, 2020 (%)
FIGURE 69.MITSUI CHEMICALS INC: REVENUE SHARE BY REGION, 2020 (%)
FIGURE 70.VALERO ENERGY: REVENUE, 2018–2020 ($MILLION)
According to CXOs of leading companies, the global toluene market is expected to exhibit high growth potential. The increasing use of toluene in the production of pharmaceuticals, dyes, and cosmetic nail products supplemented the market growth. In addition, the Asia-Pacific fluoropolymers industry offers promising opportunities for the toluene manufacturers, owing to enhanced production of automobiles in countries such as India, China, and Australia where toluene is primarily used as solvent. Furthermore, increase in demand for efficient and cost-effective electrical & electronics solutions and surge in disposable incomes in the developing economies, such as Thailand, Indonesia, and Korea, propel the growth of the toluene market.
In addition, shale-gas based toluene is often regarded as a cost effective alternative in oil refining and chemical manufacturing activities. Also, factors such as easy availability and novel inventions for application of toluene in several end-use industries may enhance the performance of the toluene market.
The CXOs further added that sustained economic growth and the development of paints & coatings sector have surged the popularity of toluene.
A. The increasing potential applications of toluene in several end use sectors such as drugs, blending, cosmetic nail products, and pesticides & fertilizers manufacturing and increasing demand from paints & coatings sectors are the key factors boosting the toluene market growth.
A. The global toluene market was valued at $22.15 billion in 2022 and is projected to reach $33.23 billion by 2030.
A. BASF SE, Chevron Phillips Chemical Company LLC, Dhanlaxami Organics & Chemicals, ExxonMobil Corporation, Kakdiya Chemicals, LyondellBasell Industries Holdings B.V., Mitsubishi Chemicals Corporation, Mitsui Chemicals, Pon Pure Chemicals and Valero Energy are the key players in the global toluene market.
A. Industries such as paints & coatings, drugs manufacturing, gasoline blending, cosmetics, and pesticides & fertilizers may increase the demand for toluene.
A. The global toluene market analysis is done on the basis of derivative type, application, production process, and region. Depending on derivative type, the market is divided into benzene & xylene, toluene diisocynates, gasoline additives, and others. On the basis of application, it is fragmented into drugs, dyes, blending, cosmetic nail products, and others. On the basis of production, it is classified into reformate processes, pygas processes, coke/coal processes, and styrene processes. Region-wise, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
A. Increasing potential applications in several end use sectors and escalating demand from paints & coatings are the main drivers of the toluene market.
A. Applications such as drugs, dyes, blending, cosmetic nail products, and others are are expected to drive the adoption of toluene market during the forecast period.
A. The toluene market has been negatively impacted due to the wake of the COVID-19 pandemic owing to its dependence on chemical manufacturing, oil & gas, paints & coatings, building & construction, automotive, and other sectors. In 2022, toluene prices are expected to be higher in Asia-pacific. The price rise will be due to continued regional demand trends and tight product availability. Firm downstream demand for toluene and stronger upstream costs are expected to sustain the price gain.
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