PUBLISHER: Bizwit Research & Consulting LLP | PRODUCT CODE: 1075655
PUBLISHER: Bizwit Research & Consulting LLP | PRODUCT CODE: 1075655
Global Toluene Market Size study, by Derivative, by Application, and Regional Forecasts 2022-2028
Global Toluene Market is valued at approximately USD 23.41 billion in 2021 and is anticipated to grow with a healthy growth rate of more than 5.5% over the forecast period 2022-2028. Toluene is also known by the names toluol and methylbenzene. Toluene is an aromatic hydrocarbon used as a solvent and as a feedstock in industry. Because of the presence of a benzene ring in its chemical structure, toluene is also classified as an aromatic substance. Toluene has anti-oxidant, anti-hepatoprotective, anti-depressant, anti-neurotransmitter, and anaesthetic properties. Escalating demand from paints & coatings sector and growing use of Toluene as a solvent boost the market growth of Toluene in the upcoming years. For instance, as per Statista, the global market for paint and coating was USD 107.57 billion in 2020, which is expected to reach USD 207.72 billion in 2028. The market value in the region is expected to more than double by 2028. However, increasing demand for diesel against gasoline impedes the growth of the market over the forecast period of 2022-2028.
The key regions considered for the global Toluene market study include Asia Pacific, North America, Europe, Latin America, and Rest of the World. Asia Pacific is leading the market growth in terms of revenue, owing to expanding powder coatings technology and rising commercial and industrial bases. However, North America is expected to grow at the fastest rate, owing to rise in adoption of toluene in the region.
Major market players included in this report are:
China National Petroleum Corporation
BASF SE
Exxon Mobil Corporation
Lyondellbasell Industries NV
Chevron Phillips Chemical Company LLC
China Petroleum & Chemical Corporation
Braskem SA
Formosa Chemicals & Fibre Corporation
CPC Corporation
Covestro AG
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Derivative:
Benzene and Xylene
Gasoline Additives
Toluene Diisocyanates
Other Derivatives (Benzoic Acid, Trinitrotoluene, and Benzaldehyde)
By Application:
Paints and Coatings
Adhesives and Inks
Explosives
Chemical Industry
Other Applications (pharmaceuticals, Solvents, Dyes)
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World
Furthermore, years considered for the study are as follows:
Historical year - 2018, 2019, 2020
Base year - 2021
Forecast period - 2022 to 2028
Target Audience of the Global Toluene Market in Market Study:
Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors
Table of Contents
Chapter 1. Executive Summary
- 1.1. Market Snapshot
- 1.2. Global & Segmental Market Estimates & Forecasts, 2020-2028 (USD Billion)
- 1.2.1. Toluene Market, by Region, 2020-2028 (USD Billion)
- 1.2.2. Toluene Market, by Derivatives, 2020-2028 (USD Billion)
- 1.2.3. Toluene Market, by Application, 2020-2028 (USD Billion)
- 1.3. Key Trends
- 1.4. Estimation Methodology
- 1.5. Research Assumption
Chapter 2. Global Toluene Market Definition and Scope
- 2.1. Objective of the Study
- 2.2. Market Definition & Scope
- 2.2.1. Scope of the Study
- 2.2.2. Industry Evolution
- 2.3. Years Considered for the Study
- 2.4. Currency Conversion Rates
Chapter 3. Global Toluene Market Dynamics
- 3.1. Toluene Market Impact Analysis (2020-2028)
- 3.1.1. Market Drivers
- 3.1.1.1. Escalating demand from paints & coatings sector
- 3.1.1.2. Growing Use of Toluene as a Solvent
- 3.1.2. Market Challenges
- 3.1.2.1. Increasing Demand for Diesel Against Gasoline
- 3.1.3. Market Opportunities
- 3.1.3.1. Extraction of Aromatics From Shale Oil Or Tight Oil
- 3.1.3.2. Product Launches
- 3.1.1. Market Drivers
Chapter 4. Global Toluene Market Industry Analysis
- 4.1. Porter's 5 Force Model
- 4.1.1. Bargaining Power of Suppliers
- 4.1.2. Bargaining Power of Buyers
- 4.1.3. Threat of New Entrants
- 4.1.4. Threat of Substitutes
- 4.1.5. Competitive Rivalry
- 4.1.6. Futuristic Approach to Porter's 5 Force Model (2018-2028)
- 4.2. PEST Analysis
- 4.2.1. Political
- 4.2.2. Economical
- 4.2.3. Social
- 4.2.4. Technological
- 4.3. Investment Adoption Model
- 4.4. Analyst Recommendation & Conclusion
- 4.5. Top investment opportunity
- 4.6. Top winning strategies
Chapter 5. Risk Assessment: COVID-19 Impact
- 5.1.1. Assessment of the overall impact of COVID-19 on the industry
- 5.1.2. Pre COVID-19 and post COVID-19 market scenario
Chapter 6. Global Toluene Market, by Derivatives
- 6.1. Market Snapshot
- 6.2. Global Toluene Market by Derivatives, Performance - Potential Analysis
- 6.3. Global Toluene Market Estimates & Forecasts by Derivatives, 2018-2028 (USD Billion)
- 6.4. Toluene Market, Sub Segment Analysis
- 6.4.1. Benzene and Xylene
- 6.4.2. Gasoline Additives
- 6.4.3. Toluene Diisocyanates
- 6.4.4. Other Derivatives (Benzoic Acid, Trinitrotoluene, and Benzaldehyde)
Chapter 7. Global Toluene Market, by Application
- 7.1. Market Snapshot
- 7.2. Global Toluene Market by Application, Performance - Potential Analysis
- 7.3. Global Toluene Market Estimates & Forecasts by Application, 2018-2028 (USD Billion)
- 7.4. Toluene Market, Sub Segment Analysis
- 7.4.1. Paints and Coatings
- 7.4.2. Adhesives and Inks
- 7.4.3. Explosives
- 7.4.4. Chemical Industry
- 7.4.5. Other Applications (pharmaceuticals, Solvents, Dyes)
Chapter 8. Global Toluene Market, Regional Analysis
- 8.1. Toluene Market, Regional Market Snapshot
- 8.2. North America Toluene Market
- 8.2.1. U.S. Toluene Market
- 8.2.1.1. Derivatives breakdown estimates & forecasts, 2018-2028
- 8.2.1.2. Application breakdown estimates & forecasts, 2018-2028
- 8.2.2. Canada Toluene Market
- 8.2.1. U.S. Toluene Market
- 8.3. Europe Toluene Market Snapshot
- 8.3.1. U.K. Toluene Market
- 8.3.2. Germany Toluene Market
- 8.3.3. France Toluene Market
- 8.3.4. Spain Toluene Market
- 8.3.5. Italy Toluene Market
- 8.3.6. Rest of Europe Toluene Market
- 8.4. Asia-Pacific Toluene Market Snapshot
- 8.4.1. China Toluene Market
- 8.4.2. India Toluene Market
- 8.4.3. Japan Toluene Market
- 8.4.4. Australia Toluene Market
- 8.4.5. South Korea Toluene Market
- 8.4.6. Rest of Asia Pacific Toluene Market
- 8.5. Latin America Toluene Market Snapshot
- 8.5.1. Brazil Toluene Market
- 8.5.2. Mexico Toluene Market
- 8.6. Rest of The World Toluene Market
Chapter 9. Competitive Intelligence
- 9.1. Top Market Strategies
- 9.2. Company Profiles
- 9.2.1. China National Petroleum Corporation
- 9.2.1.1. Key Information
- 9.2.1.2. Overview
- 9.2.1.3. Financial (Subject to Data Availability)
- 9.2.1.4. Product Summary
- 9.2.1.5. Recent Developments
- 9.2.2. BASF SE
- 9.2.3. Exxon Mobil Corporation
- 9.2.4. Lyondellbasell Industries NV
- 9.2.5. Chevron Phillips Chemical Company LLC
- 9.2.6. China Petroleum & Chemical Corporation
- 9.2.7. Braskem SA
- 9.2.8. Formosa Chemicals & Fibre Corporation
- 9.2.9. CPC Corporation
- 9.2.10. Covestro AG
- 9.2.1. China National Petroleum Corporation
Chapter 10. Research Process
- 10.1. Research Process
- 10.1.1. Data Mining
- 10.1.2. Analysis
- 10.1.3. Market Estimation
- 10.1.4. Validation
- 10.1.5. Publishing
- 10.2. Research Attributes
- 10.3. Research Assumption
LIST OF TABLES
- TABLE 1. Global Toluene market, report scope
- TABLE 2. Global Toluene market estimates & forecasts by Region 2018-2028 (USD Billion)
- TABLE 3. Global Toluene market estimates & forecasts by Derivatives 2018-2028 (USD Billion)
- TABLE 4. Global Toluene market estimates & forecasts by Application 2018-2028 (USD Billion)
- TABLE 5. Global Toluene market by segment, estimates & forecasts, 2018-2028 (USD Billion)
- TABLE 6. Global Toluene market by region, estimates & forecasts, 2018-2028 (USD Billion)
- TABLE 7. Global Toluene market by segment, estimates & forecasts, 2018-2028 (USD Billion)
- TABLE 8. Global Toluene market by region, estimates & forecasts, 2018-2028 (USD Billion)
- TABLE 9. Global Toluene market by segment, estimates & forecasts, 2018-2028 (USD Billion)
- TABLE 10. Global Toluene market by region, estimates & forecasts, 2018-2028 (USD Billion)
- TABLE 11. Global Toluene market by segment, estimates & forecasts, 2018-2028 (USD Billion)
- TABLE 12. Global Toluene market by region, estimates & forecasts, 2018-2028 (USD Billion)
- TABLE 13. Global Toluene market by segment, estimates & forecasts, 2018-2028 (USD Billion)
- TABLE 14. Global Toluene market by region, estimates & forecasts, 2018-2028 (USD Billion)
- TABLE 15. U.S. Toluene market estimates & forecasts, 2018-2028 (USD Billion)
- TABLE 16. U.S. Toluene market estimates & forecasts by segment 2018-2028 (USD Billion)
- TABLE 17. U.S. Toluene market estimates & forecasts by segment 2018-2028 (USD Billion)
- TABLE 18. Canada Toluene market estimates & forecasts, 2018-2028 (USD Billion)
- TABLE 19. Canada Toluene market estimates & forecasts by segment 2018-2028 (USD Billion)
- TABLE 20. Canada Toluene market estimates & forecasts by segment 2018-2028 (USD Billion)
- TABLE 21. UK Toluene market estimates & forecasts, 2018-2028 (USD Billion)
- TABLE 22. UK Toluene market estimates & forecasts by segment 2018-2028 (USD Billion)
- TABLE 23. UK Toluene market estimates & forecasts by segment 2018-2028 (USD Billion)
- TABLE 24. Germany Toluene market estimates & forecasts, 2018-2028 (USD Billion)
- TABLE 25. Germany Toluene market estimates & forecasts by segment 2018-2028 (USD Billion)
- TABLE 26. Germany Toluene market estimates & forecasts by segment 2018-2028 (USD Billion)
- TABLE 27. RoE Toluene market estimates & forecasts, 2018-2028 (USD Billion)
- TABLE 28. RoE Toluene market estimates & forecasts by segment 2018-2028 (USD Billion)
- TABLE 29. RoE Toluene market estimates & forecasts by segment 2018-2028 (USD Billion)
- TABLE 30. China Toluene market estimates & forecasts, 2018-2028 (USD Billion)
- TABLE 31. China Toluene market estimates & forecasts by segment 2018-2028 (USD Billion)
- TABLE 32. China Toluene market estimates & forecasts by segment 2018-2028 (USD Billion)
- TABLE 33. India Toluene market estimates & forecasts, 2018-2028 (USD Billion)
- TABLE 34. India Toluene market estimates & forecasts by segment 2018-2028 (USD Billion)
- TABLE 35. India Toluene market estimates & forecasts by segment 2018-2028 (USD Billion)
- TABLE 36. Japan Toluene market estimates & forecasts, 2018-2028 (USD Billion)
- TABLE 37. Japan Toluene market estimates & forecasts by segment 2018-2028 (USD Billion)
- TABLE 38. Japan Toluene market estimates & forecasts by segment 2018-2028 (USD Billion)
- TABLE 39. RoAPAC Toluene market estimates & forecasts, 2018-2028 (USD Billion)
- TABLE 40. RoAPAC Toluene market estimates & forecasts by segment 2018-2028 (USD Billion)
- TABLE 41. RoAPAC Toluene market estimates & forecasts by segment 2018-2028 (USD Billion)
- TABLE 42. Brazil Toluene market estimates & forecasts, 2018-2028 (USD Billion)
- TABLE 43. Brazil Toluene market estimates & forecasts by segment 2018-2028 (USD Billion)
- TABLE 44. Brazil Toluene market estimates & forecasts by segment 2018-2028 (USD Billion)
- TABLE 45. Mexico Toluene market estimates & forecasts, 2018-2028 (USD Billion)
- TABLE 46. Mexico Toluene market estimates & forecasts by segment 2018-2028 (USD Billion)
- TABLE 47. Mexico Toluene market estimates & forecasts by segment 2018-2028 (USD Billion)
- TABLE 48. RoLA Toluene market estimates & forecasts, 2018-2028 (USD Billion)
- TABLE 49. RoLA Toluene market estimates & forecasts by segment 2018-2028 (USD Billion)
- TABLE 50. RoLA Toluene market estimates & forecasts by segment 2018-2028 (USD Billion)
- TABLE 51. Row Toluene market estimates & forecasts, 2018-2028 (USD Billion)
- TABLE 52. Row Toluene market estimates & forecasts by segment 2018-2028 (USD Billion)
- TABLE 53. Row Toluene market estimates & forecasts by segment 2018-2028 (USD Billion)
- TABLE 54. List of secondary sources, used in the study of global Toluene market
- TABLE 55. List of primary sources, used in the study of global Toluene market
- TABLE 56. Years considered for the study
- TABLE 57. Exchange rates considered
LIST OF FIGURES
List of figures
- FIG 1. Global Toluene market, research methodology
- FIG 2. Global Toluene market, market estimation techniques
- FIG 3. Global market size estimates & forecast methods
- FIG 4. Global Toluene market, key trends 2021
- FIG 5. Global Toluene market, growth prospects 2022-2028
- FIG 6. Global Toluene market, porters 5 force model
- FIG 7. Global Toluene market, pest analysis
- FIG 8. Global Toluene market, value chain analysis
- FIG 9. Global Toluene market by segment, 2018 & 2028 (USD Billion)
- FIG 10. Global Toluene market by segment, 2018 & 2028 (USD Billion)
- FIG 11. Global Toluene market by segment, 2018 & 2028 (USD Billion)
- FIG 12. Global Toluene market by segment, 2018 & 2028 (USD Billion)
- FIG 13. Global Toluene market by segment, 2018 & 2028 (USD Billion)
- FIG 14. Global Toluene market, regional snapshot 2018 & 2028
- FIG 15. North America Toluene market 2018 & 2028 (USD Billion)
- FIG 16. Europe Toluene market 2018 & 2028 (USD Billion)
- FIG 17. Asia Pacific Toluene market 2018 & 2028 (USD Billion)
- FIG 18. Latin America Toluene market 2018 & 2028 (USD Billion)
- FIG 19. Global Toluene market, company market share analysis (2021)
