The Global Toluene Market is close to showcase an increase in its demand leading to higher growth between 2019 and 2024. The Toluene market report exclusively analyses the leading vendors/manufacturers, region-wise study of growth along with upcoming trends and market statistics. The upcoming opportunities tracked in the report will assist in taking corrective decisions for the company’s future growth.
Toluene is an aromatic hydrocarbon. It is a colorless, water-insoluble liquid with the smell associated with paint thinners.
The market is expected to be driven by the growing end-user base of toluene and its derivatives in various industries such as, building & construction, automotive, oil & gas, and consumer appliances, among others. The growing petrochemical industry in the Asia-Pacific region countries such as India, Taiwan, and Thailand has also opened new markets for toluene.
According to this study, over the next five years the Toluene market will register a xx% CAGR in terms of revenue, the global market size will reach US$ xx million by 2024, from US$ xx million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Toluene business, shared in Chapter 3.
Browse the complete Toluene market Report and TOC @ https://www.decisiondatabases.com/ip/35227-toluene-market-analysis-report
The key manufacturers covered in this report:
- Exxon Mobil
- SK Innovation
- China National Petroleum
- Mitsui Chemicals
- GS Caltex
- Chevron Phillips Chemical
- Mitsubishi Chemical
- NOVA Chemicals
Segmentation by product type:
- Benzene and Xylene
- Gasoline Additives
- Benzoic acid
Segmentation by application:
- Building & construction
- Oil & gas
- Consumer appliances
This report also splits the market by region:
- United States
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- To study and analyze the global Toluene consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
- To understand the structure of Toluene market by identifying its various subsegments.
- Focuses on the key global Toluene manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
- To analyze the Toluene with respect to individual growth trends, future prospects, and their contribution to the total market.
- To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
- To project the consumption of Toluene submarkets, with respect to key regions (along with their respective key countries).
- To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
- To strategically profile the key players and comprehensively analyze their growth strategies.
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