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Global Toluene Market 2017-2021
SKU ID : TNV-11390800 | Publishing Date : 26-Oct-2017 | No. of pages : 72
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About Toluene
Toluene is an aromatic hydrocarbon solvent, which is produced during the manufacturing of gasoline and other fuels from crude oil. Alternative names used for toluene are methylbenzene, toluol, anisen, and phenyl methane. Naphtha is the main feedstock, which is used to produce toluene. Heavy and light naphtha are the two main grades that are used for producing toluene. It is extracted during the process of fractional distillation of crude oil. In addition, Coke Oven Light Oil (COLO) can be used as an alternative for manufacturing aromatics such as toluene, however, owing to the low combustion value of these products and shortage of supply, naphtha is most commonly used as a raw material for the manufacturing toluene and other aromatics.
Technavio’s analysts forecast the global toluene market to grow at a CAGR of 4.59% during the period 2017-2021.
Covered in this report
The report covers the present scenario and the growth prospects of the global toluene market for 2017-2021. To calculate the market size, the report considers the revenue generated from the sales of toluene for manufacturing its derivative types.
The market is divided into the following segments based on geography:
• Americas
• APAC
• EMEA
Technavio's report, Global Toluene market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors
• Chevron Phillips Chemical
• ExxonMobil
• LyondellBasell Industries
• Reliance Industries
• BASF
Other prominent vendors
• Wanhua Industrial Group
• BP
• Braskem
• CITGO Petroleum
• CEPSA (IPIC)
• DAELIM
• Indian Oil
• LOTTE CHEMICAL TITAN HOLDING BERHAD
• GS Caltex
• Marathon Petroleum
• Mitsubishi Chemical
• NOVA Chemicals
• Petróleos Mexicanos
• Shell
• SK global chemical
• TOTAL
Market driver
• Widespread application avenues of toluene
• For a full, detailed list, view our report
Market challenge
• Fluctuations in toluene prices
• For a full, detailed list, view our report
Market trend
• Fluctuation in crude oil prices
• For a full, detailed list, view our report
Key questions answered in this report
• What will the market size be in 2021 and what will the growth rate be?
• What are the key market trends?
• What is driving this market?
• What are the challenges to market growth?
• Who are the key vendors in this market space?
You can request one free hour of our analyst’s time when you purchase this market report. Details are provided within the report.
Toluene is an aromatic hydrocarbon solvent, which is produced during the manufacturing of gasoline and other fuels from crude oil. Alternative names used for toluene are methylbenzene, toluol, anisen, and phenyl methane. Naphtha is the main feedstock, which is used to produce toluene. Heavy and light naphtha are the two main grades that are used for producing toluene. It is extracted during the process of fractional distillation of crude oil. In addition, Coke Oven Light Oil (COLO) can be used as an alternative for manufacturing aromatics such as toluene, however, owing to the low combustion value of these products and shortage of supply, naphtha is most commonly used as a raw material for the manufacturing toluene and other aromatics.
Technavio’s analysts forecast the global toluene market to grow at a CAGR of 4.59% during the period 2017-2021.
Covered in this report
The report covers the present scenario and the growth prospects of the global toluene market for 2017-2021. To calculate the market size, the report considers the revenue generated from the sales of toluene for manufacturing its derivative types.
The market is divided into the following segments based on geography:
• Americas
• APAC
• EMEA
Technavio's report, Global Toluene market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors
• Chevron Phillips Chemical
• ExxonMobil
• LyondellBasell Industries
• Reliance Industries
• BASF
Other prominent vendors
• Wanhua Industrial Group
• BP
• Braskem
• CITGO Petroleum
• CEPSA (IPIC)
• DAELIM
• Indian Oil
• LOTTE CHEMICAL TITAN HOLDING BERHAD
• GS Caltex
• Marathon Petroleum
• Mitsubishi Chemical
• NOVA Chemicals
• Petróleos Mexicanos
• Shell
• SK global chemical
• TOTAL
Market driver
• Widespread application avenues of toluene
• For a full, detailed list, view our report
Market challenge
• Fluctuations in toluene prices
• For a full, detailed list, view our report
Market trend
• Fluctuation in crude oil prices
• For a full, detailed list, view our report
Key questions answered in this report
• What will the market size be in 2021 and what will the growth rate be?
• What are the key market trends?
• What is driving this market?
• What are the challenges to market growth?
• Who are the key vendors in this market space?
You can request one free hour of our analyst’s time when you purchase this market report. Details are provided within the report.
Frequently Asked Questions
This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.
- By product type
- By End User/Applications
- By Technology
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The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.
