Toluene Market 2022 - Emerging Trends and Competitive Landscape | Worldwide Players Strategies up to 2031

The global Toluene market report by the business research company 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 a chemical feedstock, solvents, and fuel additive in the chemical industry. To cater to the growing demand, companies are investing in expanding their production capacity.

The global toluene market size is expected to grow from $26.35 billion in 2021 to $27.44 billion in 2022 at a compound annual growth rate (CAGR) of 4.1%. The global toluene market size is expected to grow to $31.92 billion in 2026 at a CAGR of 3.9%.

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Asia Pacific was the largest region in the toluene market in 2021. Middle East was the second-largest region in the global toluene market. The regions covered in the global toluene market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.

Major players in the Toluene Market are Exxon Mobil Corporation, Sinopec, Royal Dutch Shell PLC, Reliance Industries, BASF SE, Valero Energy, BP Chemicals, China National Petroleum, Mitsui Chemicals, Chevron Phillips, and Nova Chemicals.

The global toluene market is segmented -
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 Application: Drugs, Dyes, Blending, Cosmetic Nail Products, Other Applications (TNT, Pesticides, and Fertilizers)
4) By End User Industry: Building and Construction, Automotive, Oil and Gas, Consumer Appliances

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The Toluene Market Report Contents Include
1. Executive Summary
2. Toluene Market Characteristics
3. Toluene Market Trends And Strategies
4. Impact Of COVID-19 On Toluene
5. Toluene Market Size And Growth
....
26. Africa Toluene Market
27. Toluene Market Competitive Landscape And Company Profiles
28. Toluene Pipeline Analysis
29. Key Mergers And Acquisitions In The Toluene Market
30. Toluene Market Future Outlook and Potential Analysis
31. Appendix

This report covers the trends and market dynamics of the Toluene market in major countries - Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA. The report also includes consumer surveys and various future opportunities for the market.

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