• Phone: +1-631-791-1145
  • Email: sales@imarcgroup.com

Toluene Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2019-2024

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 2019-2024”, the global toluene market reached a value of US$ 22.5 Billion in 2018.

Global Toluene Market Report

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$ 31.1 Billion by 2024, exhibiting a CAGR of 5.6% during 2019-2024.

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 Japan 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 Trends
        5.2.2    Value Trends
    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
        6.1.1 Market Trends
        6.1.2 Market Forecast
    6.2    Pygas Process
        6.2.1 Market Trends
        6.2.2 Market Forecast
    6.3    Coke/Coal Process
        6.3.1 Market Trends
        6.3.2 Market Forecast
    6.4    Styrene Process
        6.4.1 Market Trends
        6.4.2 Market Forecast
7    Market Breakup by Application
    7.1     Gasoline
        7.1.1 Market Trends
        7.1.2 Market Forecast
    7.2     STDP/TPX
        7.2.1 Market Trends
        7.2.2 Market Forecast
    7.3     Solvents
        7.3.1 Market Trends
        7.3.2 Market Forecast
    7.4     Trans Alkylation (TA) 
        7.4.1 Market Trends
        7.4.2 Market Forecast
    7.5     Hydrodealkylation
        7.5.1 Market Trends
        7.5.2 Market Forecast
    7.6     Toluene Diisocyanate (TDI) 
        7.6.1 Market Trends
        7.6.2 Market Forecast
    7.7     Toluene Disproportionation (TDP)
        7.7.1 Market Trends
        7.7.2 Market Forecast
    7.8     Others  
        7.8.1 Market Trends
        7.8.2 Market Forecast
8    Market Breakup by Region
    8.1     Asia Pacific
        8.1.1 Market Trends
        8.1.2 Market Forecast
    8.2     North America
        8.2.1 Market Trends
        8.2.2 Market Forecast
    8.3     Europe
        8.3.1 Market Trends
        8.3.2 Market Forecast
    8.4     Middle East and Africa
        8.4.1 Market Trends
        8.4.2 Market Forecast
    8.5     Latin America
        8.5.1 Market Trends
        8.5.2 Market Forecast
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$), 2011-2018
Figure 3: Global: Toluene Market: Sales Volume (in Million Tons) 2011-2018
Figure 4: Global: Toluene Market: Average Price by Country (in US$/Ton) 2011-2018
Figure 5: Global: Toluene Market: Breakup by Technology (in %), 2018
Figure 6: Global: Toluene Market: Breakup by Application (in %), 2018
Figure 7: Global Toluene Market: Production Breakup by Region (in %), 2018
Figure 8: Global Toluene Market: Consumption Breakup by Region (in %), 2018
Figure 9: Global: Toluene Market Forecast: Sales Volume (in Million Tons) 2019-2024
Figure 10: Global: Toluene Market Forecast: Sales Value (in Billion US$), 2019-2024
Figure 11: Global: Toluene Industry: SWOT Analysis
Figure 12: Global: Toluene Industry: Value Chain Analysis
Figure 13: Global: Toluene Industry: Porter’s Five Forces Analysis
Figure 14: Global: Toluene Market (Reformation Process): Sales Value (in Million US$), 2011 & 2018
Figure 15: Global: Toluene Market Forecast (Reformation Process): Sales Value (in Million US$), 2019-2024
Figure 16: Global: Toluene Market (Pygas Process): Sales Value (in Million US$), 2011 & 2018
Figure 17: Global: Toluene Market Forecast (Pygas Process): Sales Value (in Million US$), 2019-2024
Figure 18: Global: Toluene Market (Coke/Coal Process): Sales Value (in Million US$), 2011 & 2018
Figure 19: Global: Toluene Market Forecast (Coke/Coal Process): Sales Value (in Million US$), 2019-2024
Figure 20: Global: Toluene Market (Styrene Process): Sales Value (in Million US$), 2011 & 2018
Figure 21: Global: Toluene Market Forecast (Styrene Process): Sales Value (in Million US$), 2019-2024
Figure 22: Global: Toluene Market (Applications in Gasoline): Sales Value (in Million US$), 2011 & 2018
Figure 23: Global: Toluene Market Forecast (Applications in Gasoline): Sales Value (in Million US$), 2019-2024
Figure 24: Global: Toluene Market (Applications in STDP/TPX): Sales Value (in Million US$), 2011 & 2018
Figure 25: Global: Toluene Market Forecast (Applications in STDP/TPX): Sales Value (in Million US$), 2019-2024
Figure 26: Global: Toluene Market (Applications in Solvents): Sales Value (in Million US$), 2011 & 2018
Figure 27: Global: Toluene Market Forecast (Applications in Solvents): Sales Value (in Million US$), 2019-2024
Figure 28: Global: Toluene Market (Applications in Trans Alkylation (TA)): Sales Value (in Million US$), 2011 & 2018
Figure 29: Global: Toluene Market Forecast (Applications in Trans Alkylation (TA)): Sales Value (in Million US$), 2019-2024
Figure 30: Global: Toluene Market (Applications in Hydrodealkylation): Sales Value (in Million US$), 2011 & 2018
Figure 31: Global: Toluene Market Forecast (Applications in Hydrodealkylation): Sales Value (in Million US$), 2019-2024
Figure 32: Global: Toluene Market (Applications in Toluene Diisocyanate (TDI)): Sales Value (in Million US$), 2011 & 2018
Figure 33: Global: Toluene Market Forecast (Applications in Toluene Diisocyanate (TDI)): Sales Value (in Million US$), 2019-2024
Figure 34: Global: Toluene Market (Applications in Toluene Disproportionation (TDP)): Sales Value (in Million US$), 2011 & 2018
Figure 35: Global: Toluene Market Forecast (Applications in Toluene Disproportionation (TDP)): Sales Value (in Million US$), 2019-2024
Figure 36: Global: Toluene Market Forecast (Other Applications): Sales Value (in Million US$), 2019-2024
Figure 37: Global: Toluene Market (Other Applications): Sales Value (in Million US$), 2011 & 2018
Figure 38: Asia Pacific: Toluene Market: Sales Value (in Million US$), 2011 & 2018
Figure 39: Asia Pacific: Toluene Market Forecast: Sales Value (in Million US$), 2019-2024
Figure 40: North America: Toluene Market: Sales Value (in Million US$), 2011 & 2018
Figure 41: North America: Toluene Market Forecast: Sales Value (in Million US$), 2019-2024
Figure 42: Europe: Toluene Market: Sales Value (in Million US$), 2011 & 2018
Figure 43: Europe: Toluene Market Forecast: Sales Value (in Million US$), 2019-2024
Figure 44: Middle East and Africa: Toluene Market: Sales Value (in Million US$), 2011 & 2018
Figure 45: Middle East and Africa: Toluene Market Forecast: Sales Value (in Million US$), 2019-2024
Figure 46: Latin America: Toluene Market: Sales Value (in Million US$), 2011 & 2018
Figure 47: Latin America: Toluene Market Forecast: Sales Value (in Million US$), 2019-2024
Figure 48: Global: Toluene: Import Breakup by Country (in %), 2017
Figure 49: Global: Toluene: Export Breakup by Country (in %), 2017
Figure 50: Toluene Manufacturing: Process Flow

List of Tables

Table 1: Toluene: General Properties
Table 2: Global: Toluene Market: Key Industry Highlights, 2018 and 2024
Table 3: Global: Toluene Market Forecast: Breakup by Technology (in Million US$), 2019-2024
Table 4: Global: Toluene Market Forecast: Breakup by Application (in Million US$), 2019-2024
Table 5: Global: Toluene Market Forecast: Breakup by Region (in Million US$), 2019-2024
Table 6: Global: Toluene: Import Data by Country, 2017
Table 7: Global: Toluene: Export Data by Country, 2017
Table 8: Toluene Manufacturing: Raw Material Requirements
Table 9: Global: Toluene Market: Competitive Structure
Table 10: Global: Toluene Market: Key Players

Note: We value your privacy and will never rent or sell your email address. Privacy policy

Purchase Options




$ 1999

REACH OUT TO US

Call us on

( US: +1-631-791-1145 )
( UK: +44-702-409-7331 )
( India: +91-120-433-0800 )


Drop us an email at

sales@imarcgroup.com

Social Links