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Toluene Global Market Report 2020

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The toluene market consists of sales of toluene and related services. It is used in aviation fuel and other high-octane fuels, dyestuffs and explosives. Toluene is also used as a solvent for gums and lacquers. Toluene is a colorless flammable liquid obtained from coal tar or petroleum.
 
The global toluene market reached a value of nearly USD 24.7 billion in 2019, having grown at a compound annual growth rate (CAGR) of 2.7% since 2015, and is expected to grow at a CAGR of -4.67% to nearly USD 20.4 billion by 2023.
The toluene market has been geographically segmented into North America, Western Europe, Asia-Pacific, Eastern Europe, South America and Middle East & Africa. Asia Pacific was the largest region in the toluene market in 2019.
The toluene market covered in this report is segmented by type into benzene and xylene, solvents, gasoline additives, TDI (toluene diisocyanate), trinitrotoluene, benzoic acid, benzaldehyde. It is also segmented by production process into reformation process, pigs process, coke/coal process, styrene process, by end-use industry into building and construction, automotive, oil and gas, consumer appliances and by application into drugs, dyes, blending, cosmetic nail products, others (TNT, pesticides, and fertilizers).
 
The emerging demand for aromatics in the petrochemical industry contributed to the growth of the toluene market. Aromatics are petroleum-derived forms of hydrocarbons, composed primarily of carbon and hydrogen elements. Toluene is a common aromatic, used as chemical feedstocks, solvents, and fuel additives in the chemical industry. To cater to the growing demand, companies are investing in expanding their production capacity. For instance, in March 2019, Fortrec, a Singapore-based chemical company acquired aromatic solvents refinery in Ulsan, Korea. The plant has an annual capacity of 60,000 tons of aromatic solvents and will be expanded further to meet the increasing demand from customers. The growing demand for aromatics in end-use industries is growing and thereby driving the toluene market.
 
Fluctuations in crude oil prices have always been a major challenge in the toluene market as selected fractions of petroleum are used as raw material for producing toluene. Toluene prices are constantly changing owing to factors such as instability in the prices of crude oil and variations in demand and supply. For instance, in November 2019, crude oil prices increased by 0.86% per barrel in futures trade. This rise will increase the operating expense and thereby impact the growth of the toluene market.
 
Toluene di-isocyanate is increasingly being used as raw materials in the manufacturing of flexible foam applications. Toluene di-isocyanate (TDI) is a chemical used in polyurethanes production, especially in flexible foam applications such as furniture, bedding and also in packaging applications. According to 'The Furnishing Report' in the UK, Toluene di-isocyanate is one of the main ingredients used in the manufacturing of flexible polyurethane foams, one of the key components used in UK furniture manufacturing industry. Increasing use of toluene di-isocyanate will contribute towards the growth of the market.
 
In October 2019, Chrysaor Holdings Limited, a UK-based company specialized in the production and exploration of oil and gas resources, acquired ConocoPhillips' UK oil and gas business for USD 2.68 billion. The acquisition is expected to help Chrysaor Holdings Limited in positioning it as the largest oil and gas producer in the UK North Sea with the production capacity of more than 180,000boepd. ConocoPhillips is a USA-based company that specializes in processing, refining, and marketing crude oil, natural gas, and producing petroleum products such as toluene.
 
Major players in the market are Exxon Mobil Corporation, Sinopec, Royal Dutch Shell PLC, Reliance Industries, BASF SE, Valero Energy, BP Chemicals and China National Petroleum.
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Table Of Content

Scope

1. Executive Summary

2. Toluene Market Characteristics

3. Toluene Market Size And Growth

3.1. Global Toluene Historic Market, 2015-2019, USD Billion

3.1.1. Drivers Of The Market

3.1.2. Restraints On The Market

3.2. Global Toluene Forecast Market, 2019-2023F, 2025F, 2030F, USD Billion

3.2.1. Drivers Of The Market

3.2.2. Restraints On the Market

4. Toluene Market Segmentation

4.1. Global Toluene Market, Segmentation By Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion

Benzene and Xylene

Solvents

Gasoline Additives

TDI (Toluene diisocyanate)

Trinitrotoluene

Benzoic acid

Benzaldehyde

4.2. Global Toluene Market, Segmentation By Production Process, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion

Reformation Process

Pigs Process

Coke/Coal Process

Styrene Process

4.3. Global Toluene Market, Segmentation By End-Use Industry, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion

Building And Construction

Automotive

Oil And Gas

Consumer Appliances

4.4. Global Toluene Market, Segmentation By Application, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion

Drugs

Dyes

Blending

Cosmetic Nail Products

Others (TNT, Pesticides, and Fertilizers)

5. Toluene Market Regional And Country Analysis

5.1. Global Toluene Market, Split By Region, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion

5.2. Global Toluene Market, Split By Country, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion

6. Asia-Pacific Toluene Market

6.1. Asia-Pacific Toluene Market Overview

6.2. Asia-Pacific Toluene Market, Segmentation By Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion

6.3. Asia-Pacific Toluene Market, Segmentation By End-Use Industry, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion

7. China Toluene Market

7.1. China Toluene Market Overview

7.2. China Toluene Market, Segmentation By Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F,USD Billion

7.3. China Toluene Market, Segmentation By End-Use Industry, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F,USD Billion

8. India Toluene Market

8.1. India Toluene Market Overview

8.2. India Toluene Market, Segmentation By Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion

8.3. India Toluene Market, Segmentation By End-Use Industry, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion

9. Japan Toluene Market

9.1. Japan Toluene Market Overview

9.2. Japan Toluene Market, Segmentation By Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion

9.3. Japan Toluene Market, Segmentation By End-Use Industry, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion

10. Australia Toluene Market

10.1. Australia Toluene Market, Segmentation By Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion

10.2. Australia Toluene Market, Segmentation By End-Use Industry, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion

11. Indonesia Toluene Market

11.1. Indonesia Toluene Market, Segmentation By Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion

11.2. Indonesia Toluene Market, Segmentation By End-Use Industry, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion

12. South Korea Toluene Market

12.1. South Korea Toluene Market, Segmentation By Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion

12.2. South Korea Toluene Market, Segmentation By End-Use Industry, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion

13. Western Europe Toluene Market

13.1. Western Europe Toluene Market Overview

13.2. Western Europe Toluene Market, Segmentation By Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion

13.3. Western Europe Toluene Market, Segmentation By End-Use Industry, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion

14. UK Toluene Market

14.1. UK Toluene Market Overview

14.2. UK Toluene Market, Segmentation By Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion

14.3. UK Toluene Market, Segmentation By End-Use Industry, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion

15. Germany Toluene Market

15.1. Germany Toluene Market, Segmentation By Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion

15.2. Germany Toluene Market, Segmentation By End-Use Industry, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion

16. France Toluene Market

16.4. France Toluene Market, Segmentation By Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion

16.5. France Toluene Market, Segmentation By End-Use Industry, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion

17. Eastern Europe Toluene Market

17.1. Eastern Europe Toluene Market Overview

17.2. Eastern Europe Toluene Market, Segmentation By Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion

17.3. Eastern Europe Toluene Market, Segmentation By End-Use Industry, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion

18. Russia Toluene Market

18.1. Russia Toluene Market, Segmentation By Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion

18.2. Russia Toluene Market, Segmentation By End-Use Industry, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion

19. North America Toluene Market

19.1. North America Toluene Market Overview

19.2. North America Toluene Market, Segmentation By Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion

19.3. North America Toluene Market, Segmentation By End-Use Industry, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion

20. USA Toluene Market

20.1. USA Toluene Market Overview

20.2. USA Toluene Market, Segmentation By Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion

20.3. USA Toluene Market, Segmentation By End-Use Industry, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion

21. South America Toluene Market

21.1. South America Toluene Market Overview

21.2. South America Toluene Market, Segmentation By Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion

21.3. South America Toluene Market, Segmentation By End-Use Industry, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion

22. Brazil Toluene Market

22.1. Brazil Toluene Market, Segmentation By Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion

22.2. Brazil Toluene Market, Segmentation By End-Use Industry, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion

23. Middle East Toluene Market

23.1. Middle East Toluene Market Overview

23.2. Middle East Toluene Market, Segmentation By Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion

23.3. Middle East Toluene Market, Segmentation By End-Use Industry, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion

24. Africa Toluene Market

24.1. Africa Toluene Market Overview

24.2. Africa Toluene Market, Segmentation By Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion

24.3. Africa Toluene Market, Segmentation By End-Use Industry, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion

25. Toluene Market Competitive Landscape And Company Profiles

25.1. Toluene Market Competitive Landscape

25.2. Toluene Market Company Profiles

25.2.1. Exxon Mobil Corporation

25.2.1.1. Overview

25.2.1.2. Products and Services

25.2.1.3. Strategy

25.2.1.4. Financial Performance

25.2.2. Sinopec

25.2.2.1. Overview

25.2.2.2. Products and Services

25.2.2.3. Strategy

25.2.2.4. Financial Performance

25.2.3. Royal Dutch Shell PLC

25.2.3.1. Overview

25.2.3.2. Products and Services

25.2.3.3. Strategy

25.2.3.4. Financial Performance

25.2.4. Reliance Industries

25.2.4.1. Overview

25.2.4.2. Products and Services

25.2.4.3. Strategy

25.2.4.4. Financial Performance

25.2.5. BASF SE

25.2.5.1. Overview

25.2.5.2. Products and Services

25.2.5.3. Strategy

25.2.5.4. Financial Performance

26. Key Mergers And Acquisitions In The Toluene Market

27. Toluene Market Trends And Strategies

28. Toluene Market Future Outlook and Potential Analysis

29. Appendix

29.1. Abbreviations

29.2. Currencies

29.3. Research Inquiries

29.4. The Business Research Company

29.5. Copyright And Disclaimer

 


List Of Figure

Figure 1: Global Historic Market Growth, 2015-2019, USD Billion

Figure 2: Global Forecast Market Growth, 2015-2019, 2023F, 2025F, 2030F, USD Billion

Figure 3: Global Toluene Market, Segmentation By Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion

Figure 4: Global Toluene Market, Segmentation By Production Process, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion

Figure 5: Global Toluene Market, Segmentation By End-Use Industry, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion

Figure 6: Global Toluene Market, Segmentation By Application, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion

Figure 7: Global Toluene Market, Split By Region, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion

Figure 8: Global Toluene Market, Split By Country, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion

Figure 9: Asia-Pacific, Toluene Market, Segmentation By Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion

Figure 10: Asia-Pacific, Toluene Market, Segmentation By End-Use Industry, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion

Figure 11: China, Toluene Market, Segmentation By Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion

Figure 12: China, Toluene Market, Segmentation By End-Use Industry, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion

Figure 13: India, Toluene Market, Segmentation By Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion

Figure 14: India, Toluene Market, Segmentation By End-Use Industry, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion

Figure 15: Japan, Toluene Market, Segmentation By Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion

Figure 16: Japan, Toluene Market, Segmentation By End-Use Industry, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion

Figure 17: Australia, Toluene Market, Segmentation By Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion

Figure 18: Australia, Toluene Market, Segmentation By End-Use Industry, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion

Figure 19: Indonesia, Toluene Market, Segmentation By Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion

Figure 20: Indonesia, Toluene Market, Segmentation By End-Use Industry, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion

Figure 21: South Korea, Toluene Market, Segmentation By Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion

Figure 22: South Korea, Toluene Market, Segmentation By End-Use Industry, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion

Figure 23: Western Europe, Toluene Market, Segmentation By Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion

Figure 24: Western Europe, Toluene Market, Segmentation By End-Use Industry, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion

Figure 25: UK, Toluene Market, Segmentation By Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion

Figure 26: UK, Toluene Market, Segmentation By End-Use Industry, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion

Figure 27: Germany, Toluene Market, Segmentation By Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion

Figure 28: Germany, Toluene Market, Segmentation By End-Use Industry, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion

Figure 29: France, Toluene Market, Segmentation By Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion

Figure 30: France, Toluene Market, Segmentation By End-Use Industry, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion

Figure 31: Eastern Europe, Toluene Market, Segmentation By Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion

Figure 32: Eastern Europe, Toluene Market, Segmentation By End-Use Industry, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion

Figure 33: Russia, Toluene Market, Segmentation By Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion

Figure 34: Russia, Toluene Market, Segmentation By End-Use Industry, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion

Figure 35: North America, Toluene Market, Segmentation By Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion

Figure 36: North America, Toluene Market, Segmentation By End-Use Industry, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion

Figure 37: USA, Toluene Market, Segmentation By Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion

Figure 38: USA, Toluene Market, Segmentation By End-Use Industry, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion

Figure 39: South America, Toluene Market, Segmentation By Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion

Figure 40: South America, Toluene Market, Segmentation By End-Use Industry, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion

Figure 41: Brazil, Toluene Market, Segmentation By Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion

Figure 42: Brazil, Toluene Market, Segmentation By End-Use Industry, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion

Figure 43: Middle East, Toluene Market, Segmentation By Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion

Figure 44: Middle East, Toluene Market, Segmentation By End-Use Industry, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion

Figure 45: Africa, Toluene Market, Segmentation By Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion

Figure 46: Africa, Toluene Market, Segmentation By End-Use Industry, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion

Figure 47: Exxon Mobil Corporation Financial Performance

Figure 48: Sinopec Financial Performance

Figure 49: Royal Dutch Shell PLC Financial Performance

Figure 50: Reliance Industries Financial Performance

Figure 51: BASF SE Financial Performance


List Of Table

Table 1: Global Historic Market Growth, 2015-2019, USD Billion

Table 2: Global Forecast Market Growth, 2015-2019, 2023F, 2025F, 2030F, USD Billion

Table 3: Global Toluene Market, Segmentation By Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion

Table 4: Global Toluene Market, Segmentation By Production Process, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion

Table 5: Global Toluene Market, Segmentation By End-Use Industry, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion

Table 6: Global Toluene Market, Segmentation By Application, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion

Table 7: Global Toluene Market, Split By Region, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion

Table 8: Global Toluene Market, Split By Country, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion

Table 9: Asia-Pacific, Toluene Market, Segmentation By Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion

Table 10: Asia-Pacific, Toluene Market, Segmentation By End-Use Industry, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion

Table 11: China, Toluene Market, Segmentation By Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion

Table 12: China, Toluene Market, Segmentation By End-Use Industry, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion

Table 13: India, Toluene Market, Segmentation By Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion

Table 14: India, Toluene Market, Segmentation By End-Use Industry, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion

Table 15: Japan, Toluene Market, Segmentation By Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion

Table 16: Japan, Toluene Market, Segmentation By End-Use Industry, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion

Table 17: Australia, Toluene Market, Segmentation By Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion

Table 18: Australia, Toluene Market, Segmentation By End-Use Industry, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion

Table 19: Indonesia, Toluene Market, Segmentation By Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion

Table 20: Indonesia, Toluene Market, Segmentation By End-Use Industry, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion

Table 21: South Korea, Toluene Market, Segmentation By Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion

Table 22: South Korea, Toluene Market, Segmentation By End-Use Industry, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion

Table 23: Western Europe, Toluene Market, Segmentation By Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion

Table 24: Western Europe, Toluene Market, Segmentation By End-Use Industry, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion

Table 25: UK, Toluene Market, Segmentation By Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion

Table 26: UK, Toluene Market, Segmentation By End-Use Industry, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion

Table 27: Germany, Toluene Market, Segmentation By Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion

Table 28: Germany, Toluene Market, Segmentation By End-Use Industry, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion

Table 29: France, Toluene Market, Segmentation By Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion

Table 30: France, Toluene Market, Segmentation By End-Use Industry, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion

Table 31: Eastern Europe, Toluene Market, Segmentation By Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion

Table 32: Eastern Europe, Toluene Market, Segmentation By End-Use Industry, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion

Table 33: Russia, Toluene Market, Segmentation By Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion

Table 34: Russia, Toluene Market, Segmentation By End-Use Industry, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion

Table 35: North America, Toluene Market, Segmentation By Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion

Table 36: North America, Toluene Market, Segmentation By End-Use Industry, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion

Table 37: USA, Toluene Market, Segmentation By Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion

Table 38: USA, Toluene Market, Segmentation By End-Use Industry, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion

Table 39: South America, Toluene Market, Segmentation By Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion

Table 40: South America, Toluene Market, Segmentation By End-Use Industry, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion

Table 41: Brazil, Toluene Market, Segmentation By Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion

Table 42: Brazil, Toluene Market, Segmentation By End-Use Industry, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion

Table 43: Middle East, Toluene Market, Segmentation By Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion

Table 44: Middle East, Toluene Market, Segmentation By End-Use Industry, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion

Table 45: Africa, Toluene Market, Segmentation By Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion

Table 46: Africa, Toluene Market, Segmentation By End-Use Industry, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion

Table 47: Exxon Mobil Corporation Financial Performance

Table 48: Sinopec Financial Performance

Table 49: Royal Dutch Shell PLC Financial Performance

Table 50: Reliance Industries Financial Performance

Table 51: BASF SE Financial Performance

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Products and Companies

Products

1) By Type: Benzene and Xylene; Solvents; Gasoline Additives; TDI (Toluene diisocyanate); Trinitrotoluene; Benzoic acid; Benzaldehyde; 2) By Production Process: Reformation Process; Pigs Process; Coke/Coal Process; Styrene Process; 3) By End-Use Industry: Building And Construction; Automotive; Oil And Gas; Consumer Appliances; 4) By Application: Drugs; Dyes; Blending; Cosmetic Nail Products; Others (TNT, Pesticides, and Fertilizers)


Companies

Exxon Mobil Corporation

Sinopec

Royal Dutch Shell PLC

Reliance Industries

BASF SE

Valero Energy

BP Chemicals

China National Petroleum

Mitsui Chemicals

Chevron Phillips

Nova Chemicals

Sherwin-Williams

Total SA

Lyondell Basel

Covestro AG

Formosa Plastics

CPC Corporation

China Petroleum & Chemical Corporation

SK Innovation

Braskem SA

Koch Industries

JX Nippon Oil and Energy

Mitsubishi Chemical Corporation

BP P.L.C.

Mitsui & Co

S.K. Global Chemical Co Ltd

GS Caltex

Formosa Chemical & Fiber Corporation

Stepan

Company Profile

Company Profile Title

The toluene market consists of sales of toluene and related services. It is used in aviation fuel and other high-octane fuels, dyestuffs and explosives. Toluene is also used as a solvent for gums and lacquers. Toluene is a colorless flammable liquid obtained from coal tar or petroleum.
 
The global toluene market reached a value of nearly USD 24.7 billion in 2019, having grown at a compound annual growth rate (CAGR) of 2.7% since 2015, and is expected to grow at a CAGR of -4.67% to nearly USD 20.4 billion by 2023.
The toluene market has been geographically segmented into North America, Western Europe, Asia-Pacific, Eastern Europe, South America and Middle East & Africa. Asia Pacific was the largest region in the toluene market in 2019.
The toluene market covered in this report is segmented by type into benzene and xylene, solvents, gasoline additives, TDI (toluene diisocyanate), trinitrotoluene, benzoic acid, benzaldehyde. It is also segmented by production process into reformation process, pigs process, coke/coal process, styrene process, by end-use industry into building and construction, automotive, oil and gas, consumer appliances and by application into drugs, dyes, blending, cosmetic nail products, others (TNT, pesticides, and fertilizers).
 
The emerging demand for aromatics in the petrochemical industry contributed to the growth of the toluene market. Aromatics are petroleum-derived forms of hydrocarbons, composed primarily of carbon and hydrogen elements. Toluene is a common aromatic, used as chemical feedstocks, solvents, and fuel additives in the chemical industry. To cater to the growing demand, companies are investing in expanding their production capacity. For instance, in March 2019, Fortrec, a Singapore-based chemical company acquired aromatic solvents refinery in Ulsan, Korea. The plant has an annual capacity of 60,000 tons of aromatic solvents and will be expanded further to meet the increasing demand from customers. The growing demand for aromatics in end-use industries is growing and thereby driving the toluene market.
 
Fluctuations in crude oil prices have always been a major challenge in the toluene market as selected fractions of petroleum are used as raw material for producing toluene. Toluene prices are constantly changing owing to factors such as instability in the prices of crude oil and variations in demand and supply. For instance, in November 2019, crude oil prices increased by 0.86% per barrel in futures trade. This rise will increase the operating expense and thereby impact the growth of the toluene market.
 
Toluene di-isocyanate is increasingly being used as raw materials in the manufacturing of flexible foam applications. Toluene di-isocyanate (TDI) is a chemical used in polyurethanes production, especially in flexible foam applications such as furniture, bedding and also in packaging applications. According to 'The Furnishing Report' in the UK, Toluene di-isocyanate is one of the main ingredients used in the manufacturing of flexible polyurethane foams, one of the key components used in UK furniture manufacturing industry. Increasing use of toluene di-isocyanate will contribute towards the growth of the market.
 
In October 2019, Chrysaor Holdings Limited, a UK-based company specialized in the production and exploration of oil and gas resources, acquired ConocoPhillips' UK oil and gas business for USD 2.68 billion. The acquisition is expected to help Chrysaor Holdings Limited in positioning it as the largest oil and gas producer in the UK North Sea with the production capacity of more than 180,000boepd. ConocoPhillips is a USA-based company that specializes in processing, refining, and marketing crude oil, natural gas, and producing petroleum products such as toluene.
 
Major players in the market are Exxon Mobil Corporation, Sinopec, Royal Dutch Shell PLC, Reliance Industries, BASF SE, Valero Energy, BP Chemicals and China National Petroleum.
READ MORE

Scope

1. Executive Summary

2. Toluene Market Characteristics

3. Toluene Market Size And Growth

3.1. Global Toluene Historic Market, 2015-2019, USD Billion

3.1.1. Drivers Of The Market

3.1.2. Restraints On The Market

3.2. Global Toluene Forecast Market, 2019-2023F, 2025F, 2030F, USD Billion

3.2.1. Drivers Of The Market

3.2.2. Restraints On the Market

4. Toluene Market Segmentation

4.1. Global Toluene Market, Segmentation By Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion

Benzene and Xylene

Solvents

Gasoline Additives

TDI (Toluene diisocyanate)

Trinitrotoluene

Benzoic acid

Benzaldehyde

4.2. Global Toluene Market, Segmentation By Production Process, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion

Reformation Process

Pigs Process

Coke/Coal Process

Styrene Process

4.3. Global Toluene Market, Segmentation By End-Use Industry, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion

Building And Construction

Automotive

Oil And Gas

Consumer Appliances

4.4. Global Toluene Market, Segmentation By Application, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion

Drugs

Dyes

Blending

Cosmetic Nail Products

Others (TNT, Pesticides, and Fertilizers)

5. Toluene Market Regional And Country Analysis

5.1. Global Toluene Market, Split By Region, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion

5.2. Global Toluene Market, Split By Country, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion

6. Asia-Pacific Toluene Market

6.1. Asia-Pacific Toluene Market Overview

6.2. Asia-Pacific Toluene Market, Segmentation By Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion

6.3. Asia-Pacific Toluene Market, Segmentation By End-Use Industry, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion

7. China Toluene Market

7.1. China Toluene Market Overview

7.2. China Toluene Market, Segmentation By Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F,USD Billion

7.3. China Toluene Market, Segmentation By End-Use Industry, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F,USD Billion

8. India Toluene Market

8.1. India Toluene Market Overview

8.2. India Toluene Market, Segmentation By Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion

8.3. India Toluene Market, Segmentation By End-Use Industry, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion

9. Japan Toluene Market

9.1. Japan Toluene Market Overview

9.2. Japan Toluene Market, Segmentation By Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion

9.3. Japan Toluene Market, Segmentation By End-Use Industry, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion

10. Australia Toluene Market

10.1. Australia Toluene Market, Segmentation By Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion

10.2. Australia Toluene Market, Segmentation By End-Use Industry, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion

11. Indonesia Toluene Market

11.1. Indonesia Toluene Market, Segmentation By Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion

11.2. Indonesia Toluene Market, Segmentation By End-Use Industry, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion

12. South Korea Toluene Market

12.1. South Korea Toluene Market, Segmentation By Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion

12.2. South Korea Toluene Market, Segmentation By End-Use Industry, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion

13. Western Europe Toluene Market

13.1. Western Europe Toluene Market Overview

13.2. Western Europe Toluene Market, Segmentation By Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion

13.3. Western Europe Toluene Market, Segmentation By End-Use Industry, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion

14. UK Toluene Market

14.1. UK Toluene Market Overview

14.2. UK Toluene Market, Segmentation By Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion

14.3. UK Toluene Market, Segmentation By End-Use Industry, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion

15. Germany Toluene Market

15.1. Germany Toluene Market, Segmentation By Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion

15.2. Germany Toluene Market, Segmentation By End-Use Industry, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion

16. France Toluene Market

16.4. France Toluene Market, Segmentation By Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion

16.5. France Toluene Market, Segmentation By End-Use Industry, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion

17. Eastern Europe Toluene Market

17.1. Eastern Europe Toluene Market Overview

17.2. Eastern Europe Toluene Market, Segmentation By Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion

17.3. Eastern Europe Toluene Market, Segmentation By End-Use Industry, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion

18. Russia Toluene Market

18.1. Russia Toluene Market, Segmentation By Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion

18.2. Russia Toluene Market, Segmentation By End-Use Industry, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion

19. North America Toluene Market

19.1. North America Toluene Market Overview

19.2. North America Toluene Market, Segmentation By Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion

19.3. North America Toluene Market, Segmentation By End-Use Industry, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion

20. USA Toluene Market

20.1. USA Toluene Market Overview

20.2. USA Toluene Market, Segmentation By Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion

20.3. USA Toluene Market, Segmentation By End-Use Industry, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion

21. South America Toluene Market

21.1. South America Toluene Market Overview

21.2. South America Toluene Market, Segmentation By Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion

21.3. South America Toluene Market, Segmentation By End-Use Industry, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion

22. Brazil Toluene Market

22.1. Brazil Toluene Market, Segmentation By Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion

22.2. Brazil Toluene Market, Segmentation By End-Use Industry, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion

23. Middle East Toluene Market

23.1. Middle East Toluene Market Overview

23.2. Middle East Toluene Market, Segmentation By Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion

23.3. Middle East Toluene Market, Segmentation By End-Use Industry, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion

24. Africa Toluene Market

24.1. Africa Toluene Market Overview

24.2. Africa Toluene Market, Segmentation By Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion

24.3. Africa Toluene Market, Segmentation By End-Use Industry, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion

25. Toluene Market Competitive Landscape And Company Profiles

25.1. Toluene Market Competitive Landscape

25.2. Toluene Market Company Profiles

25.2.1. Exxon Mobil Corporation

25.2.1.1. Overview

25.2.1.2. Products and Services

25.2.1.3. Strategy

25.2.1.4. Financial Performance

25.2.2. Sinopec

25.2.2.1. Overview

25.2.2.2. Products and Services

25.2.2.3. Strategy

25.2.2.4. Financial Performance

25.2.3. Royal Dutch Shell PLC

25.2.3.1. Overview

25.2.3.2. Products and Services

25.2.3.3. Strategy

25.2.3.4. Financial Performance

25.2.4. Reliance Industries

25.2.4.1. Overview

25.2.4.2. Products and Services

25.2.4.3. Strategy

25.2.4.4. Financial Performance

25.2.5. BASF SE

25.2.5.1. Overview

25.2.5.2. Products and Services

25.2.5.3. Strategy

25.2.5.4. Financial Performance

26. Key Mergers And Acquisitions In The Toluene Market

27. Toluene Market Trends And Strategies

28. Toluene Market Future Outlook and Potential Analysis

29. Appendix

29.1. Abbreviations

29.2. Currencies

29.3. Research Inquiries

29.4. The Business Research Company

29.5. Copyright And Disclaimer

 


List Of Figure

Figure 1: Global Historic Market Growth, 2015-2019, USD Billion

Figure 2: Global Forecast Market Growth, 2015-2019, 2023F, 2025F, 2030F, USD Billion

Figure 3: Global Toluene Market, Segmentation By Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion

Figure 4: Global Toluene Market, Segmentation By Production Process, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion

Figure 5: Global Toluene Market, Segmentation By End-Use Industry, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion

Figure 6: Global Toluene Market, Segmentation By Application, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion

Figure 7: Global Toluene Market, Split By Region, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion

Figure 8: Global Toluene Market, Split By Country, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion

Figure 9: Asia-Pacific, Toluene Market, Segmentation By Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion

Figure 10: Asia-Pacific, Toluene Market, Segmentation By End-Use Industry, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion

Figure 11: China, Toluene Market, Segmentation By Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion

Figure 12: China, Toluene Market, Segmentation By End-Use Industry, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion

Figure 13: India, Toluene Market, Segmentation By Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion

Figure 14: India, Toluene Market, Segmentation By End-Use Industry, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion

Figure 15: Japan, Toluene Market, Segmentation By Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion

Figure 16: Japan, Toluene Market, Segmentation By End-Use Industry, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion

Figure 17: Australia, Toluene Market, Segmentation By Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion

Figure 18: Australia, Toluene Market, Segmentation By End-Use Industry, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion

Figure 19: Indonesia, Toluene Market, Segmentation By Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion

Figure 20: Indonesia, Toluene Market, Segmentation By End-Use Industry, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion

Figure 21: South Korea, Toluene Market, Segmentation By Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion

Figure 22: South Korea, Toluene Market, Segmentation By End-Use Industry, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion

Figure 23: Western Europe, Toluene Market, Segmentation By Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion

Figure 24: Western Europe, Toluene Market, Segmentation By End-Use Industry, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion

Figure 25: UK, Toluene Market, Segmentation By Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion

Figure 26: UK, Toluene Market, Segmentation By End-Use Industry, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion

Figure 27: Germany, Toluene Market, Segmentation By Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion

Figure 28: Germany, Toluene Market, Segmentation By End-Use Industry, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion

Figure 29: France, Toluene Market, Segmentation By Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion

Figure 30: France, Toluene Market, Segmentation By End-Use Industry, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion

Figure 31: Eastern Europe, Toluene Market, Segmentation By Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion

Figure 32: Eastern Europe, Toluene Market, Segmentation By End-Use Industry, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion

Figure 33: Russia, Toluene Market, Segmentation By Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion

Figure 34: Russia, Toluene Market, Segmentation By End-Use Industry, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion

Figure 35: North America, Toluene Market, Segmentation By Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion

Figure 36: North America, Toluene Market, Segmentation By End-Use Industry, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion

Figure 37: USA, Toluene Market, Segmentation By Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion

Figure 38: USA, Toluene Market, Segmentation By End-Use Industry, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion

Figure 39: South America, Toluene Market, Segmentation By Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion

Figure 40: South America, Toluene Market, Segmentation By End-Use Industry, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion

Figure 41: Brazil, Toluene Market, Segmentation By Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion

Figure 42: Brazil, Toluene Market, Segmentation By End-Use Industry, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion

Figure 43: Middle East, Toluene Market, Segmentation By Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion

Figure 44: Middle East, Toluene Market, Segmentation By End-Use Industry, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion

Figure 45: Africa, Toluene Market, Segmentation By Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion

Figure 46: Africa, Toluene Market, Segmentation By End-Use Industry, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion

Figure 47: Exxon Mobil Corporation Financial Performance

Figure 48: Sinopec Financial Performance

Figure 49: Royal Dutch Shell PLC Financial Performance

Figure 50: Reliance Industries Financial Performance

Figure 51: BASF SE Financial Performance


List Of Table

Table 1: Global Historic Market Growth, 2015-2019, USD Billion

Table 2: Global Forecast Market Growth, 2015-2019, 2023F, 2025F, 2030F, USD Billion

Table 3: Global Toluene Market, Segmentation By Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion

Table 4: Global Toluene Market, Segmentation By Production Process, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion

Table 5: Global Toluene Market, Segmentation By End-Use Industry, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion

Table 6: Global Toluene Market, Segmentation By Application, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion

Table 7: Global Toluene Market, Split By Region, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion

Table 8: Global Toluene Market, Split By Country, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion

Table 9: Asia-Pacific, Toluene Market, Segmentation By Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion

Table 10: Asia-Pacific, Toluene Market, Segmentation By End-Use Industry, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion

Table 11: China, Toluene Market, Segmentation By Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion

Table 12: China, Toluene Market, Segmentation By End-Use Industry, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion

Table 13: India, Toluene Market, Segmentation By Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion

Table 14: India, Toluene Market, Segmentation By End-Use Industry, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion

Table 15: Japan, Toluene Market, Segmentation By Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion

Table 16: Japan, Toluene Market, Segmentation By End-Use Industry, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion

Table 17: Australia, Toluene Market, Segmentation By Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion

Table 18: Australia, Toluene Market, Segmentation By End-Use Industry, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion

Table 19: Indonesia, Toluene Market, Segmentation By Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion

Table 20: Indonesia, Toluene Market, Segmentation By End-Use Industry, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion

Table 21: South Korea, Toluene Market, Segmentation By Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion

Table 22: South Korea, Toluene Market, Segmentation By End-Use Industry, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion

Table 23: Western Europe, Toluene Market, Segmentation By Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion

Table 24: Western Europe, Toluene Market, Segmentation By End-Use Industry, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion

Table 25: UK, Toluene Market, Segmentation By Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion

Table 26: UK, Toluene Market, Segmentation By End-Use Industry, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion

Table 27: Germany, Toluene Market, Segmentation By Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion

Table 28: Germany, Toluene Market, Segmentation By End-Use Industry, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion

Table 29: France, Toluene Market, Segmentation By Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion

Table 30: France, Toluene Market, Segmentation By End-Use Industry, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion

Table 31: Eastern Europe, Toluene Market, Segmentation By Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion

Table 32: Eastern Europe, Toluene Market, Segmentation By End-Use Industry, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion

Table 33: Russia, Toluene Market, Segmentation By Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion

Table 34: Russia, Toluene Market, Segmentation By End-Use Industry, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion

Table 35: North America, Toluene Market, Segmentation By Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion

Table 36: North America, Toluene Market, Segmentation By End-Use Industry, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion

Table 37: USA, Toluene Market, Segmentation By Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion

Table 38: USA, Toluene Market, Segmentation By End-Use Industry, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion

Table 39: South America, Toluene Market, Segmentation By Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion

Table 40: South America, Toluene Market, Segmentation By End-Use Industry, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion

Table 41: Brazil, Toluene Market, Segmentation By Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion

Table 42: Brazil, Toluene Market, Segmentation By End-Use Industry, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion

Table 43: Middle East, Toluene Market, Segmentation By Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion

Table 44: Middle East, Toluene Market, Segmentation By End-Use Industry, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion

Table 45: Africa, Toluene Market, Segmentation By Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion

Table 46: Africa, Toluene Market, Segmentation By End-Use Industry, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion

Table 47: Exxon Mobil Corporation Financial Performance

Table 48: Sinopec Financial Performance

Table 49: Royal Dutch Shell PLC Financial Performance

Table 50: Reliance Industries Financial Performance

Table 51: BASF SE Financial Performance

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Products

1) By Type: Benzene and Xylene; Solvents; Gasoline Additives; TDI (Toluene diisocyanate); Trinitrotoluene; Benzoic acid; Benzaldehyde; 2) By Production Process: Reformation Process; Pigs Process; Coke/Coal Process; Styrene Process; 3) By End-Use Industry: Building And Construction; Automotive; Oil And Gas; Consumer Appliances; 4) By Application: Drugs; Dyes; Blending; Cosmetic Nail Products; Others (TNT, Pesticides, and Fertilizers)


Companies

Exxon Mobil Corporation

Sinopec

Royal Dutch Shell PLC

Reliance Industries

BASF SE

Valero Energy

BP Chemicals

China National Petroleum

Mitsui Chemicals

Chevron Phillips

Nova Chemicals

Sherwin-Williams

Total SA

Lyondell Basel

Covestro AG

Formosa Plastics

CPC Corporation

China Petroleum & Chemical Corporation

SK Innovation

Braskem SA

Koch Industries

JX Nippon Oil and Energy

Mitsubishi Chemical Corporation

BP P.L.C.

Mitsui & Co

S.K. Global Chemical Co Ltd

GS Caltex

Formosa Chemical & Fiber Corporation

Stepan