Global Toluene Market Research and Upcoming Forecast Report

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Global Toluene Market

Research and Upcoming Forecast

Report

Author: Elena Anderson,

Marketing Manager |

IMARC Group

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Report Description

About

IMARC Group

The International Market Analysis Research and Consulting Group is a leading adviser on management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, chemicals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

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Report Description

Report Description and Highlights

Toluene Market Outlook 2026:

IMARC Group’s latest report, titled “Toluene Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026”, the global toluene market reached a value of US$ 25 Billion in

2020.

Looking forward, the market is expected to exhibit moderate growth during the next five years.

Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end-use industries.

These insights are included in the report as a major market contributor.

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Report Description

Report Description and Highlights

Global 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.

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.

However, toluene has intoxicating effects due to which its application has been hampered in several industries.

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Report Description

Report Description and Highlights

Market Breakup by Technology:

• Reformation Process • Pygas Process

• Coke/Coal Process • Styrene Process

Market Breakup by Application

• Gasoline • STDP/TPX • Solvents

• Trans Alkylation (TA) • Hydrodealkylation

• Toluene Diisocyanate (TDI)

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Report Description

Report Description and Highlights

Breakup by Region:

• North America • Europe

• Asia Pacific

• Middle East and Africa • Latin America

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Report Description

Report Description and Highlights

Competitive Landscape:

• Exxon Mobil Corporation, • SK Global,

• British Petroleum, • Versalis,

• Compañia Española De Petroleos Sau, • BASF,

• Covestro, • BP PLC

• Royal Dutch Shell Plc.

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A partial List of our Clients

We are the trusted business partners to theworld's leading corporates, governments, and institutions

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A partial List of our Clients

We are the trusted business partners to theworld's leading corporates, governments, and institutions

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Report Description

Report Description and Highlights

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.

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Global Toluene Market Research and Upcoming Forecast Report