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Toluene Market report provides the past, present and future industry trends and the forecast information related to the expected Toluene sales revenue, growth, demand, and supply scenario. Furthermore, the opportunities and the threats to the development of Toluene market are also covered at depth in this research document.

TheToluene Marketreport2019deeply analyses significant features in major developing markets. The analysis includes market size, latest trends, drivers, threats, opportunities, as well as key market segments. The study reveals market dynamics in several geographic segments along with Toluene market analysis for the current market environment and future scenario over the forecast period. The report also contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.Industry expertsprojectToluenemarketto grow at aCAGR of 4.59%during the period2017-2021. It also talks about the market size of different segments and their growth aspects.

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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.

Industry analysts forecast the global toluene Market to grow at a CAGR of 4.59% during the period 2017-2021.

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

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Key Players

  • BASF
  • Chevron Phillips Chemical
  • ExxonMobil
  • LyondellBasell Industries
  • and Reliance Industries
  • Wanhua Industrial Group
  • BP
  • Braskem
  • CITGO Petroleum
  • Indian Oil
  • GS Caltex
  • Marathon Petroleum
  • Mitsubishi Chemical
  • NOVA Chemicals
  • Petróleos Mexicanos
  • Shell
  • SK global chemical
  • and TOTAL

Toluene Marketreport also covers all the regions and countries of the world, which shows a regional development status.Regional Segmentation:

  • North America (U.S., Canada, Mexico)
  • Europe (Germany, U.K., France, Italy, Russia, Spain, etc.)
  • Asia-Pacific (China, India, Japan, Southeast Asia, etc.)
  • South America (Brazil, Argentina, etc.)
  • Middle East and Africa (Saudi Arabia, South Africa, etc.)

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The objective of this Toluene market research report is: –

  • To provide actionable intelligence alongside the market size of various segments.
  • To detail major factors influencing the market (drivers, opportunities, industry-specific challenges, and other critical issues).
  • To determine the geographic breakdown of the market in terms of detailed analysis and impact.
  • To analyze business dimensions with an eye on individual growth trends and contribution of upcoming market segments.
  • To track the competitive landscape of the market.

Finally, this report covers the market landscape and its growth prospects over the coming years, the Report also brief deals with the product life cycle, comparing it to the relevant products from across industries that had already been commercialized details the potential for various applications, discussing about recent product innovations and gives an overview on potential regional market shares.

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