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Toluene Market: Global Market Synopsis, Growth Factors, Industry Segmentation, Regional Analysis And Competitive Analysis 2017 - 2025

  • ID : 240241
  • Date : 21st May, 2018
  • Region : Global
  • Pages :

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Global toluene market, by type (benzene and xylene, toluene diisocynate, solvents, gasoline, others), technology (reformate process, pygas process, coke/coal process, styrene process) and application (drugs, dyes, blending, cosmetic nail products, others).

Market Scenario:

Toluene is a colourless, water insoluble liquid, and smell as paint or paint thinners. Toluene has various commercial and industrial applications and it is used as solvent in paints, lacquers, thinners, glues, correction fluid, nail polish remover, and in printing and leather tanning processes. Toluene could be dangerous when its fumes get inhaled by human that causes irritation of the eyes, respiratory tract, skin, neurological damage and intoxication. However, other symptoms like headache, dizziness, fatigue, muscular weakness, drowsiness, and in coordination with staggering gait, skin paraesthesia, collapse, and coma caused due to prolonged contact with these solvents.


Toluene acts as octane booster and maintains the energy content of gasoline which is expected to drive the major market of toluene. Further, toluene is used in the blending of petrol and occurs as a by-product of styrene manufacture also boosts the market growth. Moreover, development of synthetic fibers, elastomers, agrochemicals, dyes, nail paints are emerging factors augmenting the market growth. However, rising demand for diesel against gasoline and the limitation in toluol sourcing is the major restraining factor for toluene market. Moreover, inhalation of the product from low to moderate levels causes memory loss, weakness, tiredness, nausea, confusion, drunken-type actions, loss of appetite, colour vision loss and hearing loss that hinder the growth of this market. Production of toluene from shale gas is anticipated to create better opportunities for this market.


Segmentation:

The toluene market is segmented on the basis of type, technology, application and region.

On the basis of type, the market is segmented into benzene and xylene, toluene diisocynate, solvents, gasoline, and others.

On the basis of technology, the market is segmented into reformate process, pygas process, coke/coal process, and styrene process.

On the basis of application, the market is segmented into drugs, dyes, blending, cosmetic nail products, and others.


Regional Analysis:

Geographically, the toluene market is segregated in North America, Europe, Asia Pacific, and LAMEA (Latin America, Middle East and Africa). The major growth factors for toluene market in North American region is due to increasing number of end users for the products in industries which includes oil & gas, building & construction and transportation industry. Further, presence of prominent key players in toluene based products manufacturers in countries like U.S. and Canada drives the Toluene market growth in North American region. Increasing demand of the product in the electronics segment, interiors & furniture manufacturing is expected to drive the market demand of toluene in European region. However, increasing investments and number of manufacturing establishments in Asia-Pacific region is anticipated to grow market in future.


Key Players:

The major key players in toluene market are China Petroleum & Chemical Corporation, China National Petroleum Corporation, Exxon Mobil Corporation, Covestro AG, BP PLC, SK Innovations, BASF SE, GS Caltex, Formosa Chemical & Fiber Corporation, Royal Dutch Shell, and CPC Corporation. These players are trying to recognise the needs of market in developing countries and expanding their strategies to improve business needs.


Segmentation:

By Type

• Benzene And Xylene

• Toluene Diisocynate

• Solvents

• Gasoline

• Others

By Technology

• Reformate Process

• Pygas Process

• Coke/Coal Process

• Styrene Process

By Application

• Drugs

• Dyes

• Blending

• Cosmetic Nail Products

• Others

Research Scope
The study for Global Toluene Market Survey and Trend Research 2018 will provide market size, estimates and forecast based on the following years: 
 
Historic data: 2015  Base Year Estimate: 2016  Forecast: 2017 to 2025


The report has been categorized in two distinctive sections, where the first category titled as Market Overview provides a holistic view of the market, key trends, drivers, challenges/restraints or opportunities with their current and expected impact on the overall industry sales. 
Our analyst implement, several qualitative tools such as Ansoff’s Matrix, PESTEL analysis, Porter’s five force analysis among other to interpret and represent key industry findings. 
The second section of the study provides market size, estimates and forecast for key market segments and regional market. The final part of the report highlights key manufacturers/vendors operating in the associated market. 

1. Introduction
1.1. Market Definition
1.2. Market Scope


2. Research Methodology
2.1. Primary Research
2.2. Secondary Sources
2.3. Assumptions & Exclusions


3. Market Overview
3.1. Research Report Segmentation & Scope
3.2. Key Market Trend Analysis
3.2.1. Market Drivers
3.2.2. Market Restraint/Challenges
3.2.3. Market Opportunities
3.3. Porter’s Five Forces Analysis
3.4. Potential Venture Avenues
3.5. Market Share Analysis, 2016 


4. Type Overview
4.1. Introduction 
4.2. Market Size & Forecast, 2015 to 2025
4.2.1. Benzene And Xylene
4.2.2. Toluene Diisocynate
4.2.3. Solvents
4.2.4. Gasoline
4.2.5. Others
 (Note: The segments mentioned above are tentative in nature and are subject to change as the research progresses)


5. Technology Overview
5.1. Introduction 
5.2. Market Size & Forecast, 2015 to 2025
5.2.1. Reformate Process
5.2.2. Pygas Process
5.2.3. Coke/Coal Process
5.2.4. Styrene Process
 (Note: The segments mentioned above are tentative in nature and are subject to change as the research progresses)


6. Application Overview
6.1. Introduction 
6.2. Market Size & Forecast, 2015 to 2025
6.2.1. Drugs
6.2.2. Dyes
6.2.3. Blending
6.2.4. Cosmetic Nail Products
6.2.5. Others
(Note: The segments mentioned above are tentative in nature and are subject to change as the research progresses)


7. Regional Overview
7.1. Introduction
7.2. Market Size & Forecast, 2015 to 2025
7.2.1. North America
7.2.1.1. U.S.
7.2.1.2. Canada
7.2.1.3. Mexico 
7.2.2. Europe
7.2.2.1. UK
7.2.2.2. Germany
7.2.2.3. France
7.2.2.4. Italy 
7.2.2.5. Russia
7.2.2.6. Poland
7.2.2.7. Rest of Europe
7.2.3. Asia-Pacific
7.2.3.1. China
7.2.3.2. India
7.2.3.3. Japan
7.2.3.4. Australia
7.2.3.5. South Korea
7.2.3.6. Rest of Asia-Pacific
7.2.4. LAMEA
7.2.4.1. Saudi Arabia
7.2.4.2. UAE
7.2.4.3. South Africa
7.2.4.4. Rest of LAMEA
(Note: The segments mentioned above are tentative in nature and are subject to change as the research progresses)


8. Manufacturer/ Vendor Profile
8.1. The following attributes will be considered while profiling key manufacturers in this industry: 
8.1.1. Company Overview
8.1.2. Financial Synopsis
8.1.3. Recent Developments
8.1.4. R&D Investments (if any)
8.1.5. Strategy Overview (Analyst Perspective)
8.1.6. Product Portfolio
8.2. Companies Profiled
8.2.1. China Petroleum & Chemical Corporation
8.2.2. China National Petroleum Corporation
8.2.3. Exxon Mobil Corporation
8.2.4. Covestro AG
8.2.5. BP PLC
8.2.6. SK Innovations
8.2.7. BASF SE
8.2.8. GS Caltex
8.2.9. Formosa Chemical & Fiber Corporation
8.2.10. Royal Dutch Shell, and CPC Corporation
(Note: The companies mentioned above are tentative in nature, and profiles of other market players not listed here can be included on request.) 

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What's Included

  • Market Size
  • Market Share
  • Market Segmentation
  • Market Forecast
  • Regional Segment Analysis
  • Compound Annual Growth Rate
  • Company & Brand Details
  • Market Revenue and Growth Opportunities
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