Toluene Market Volume Analysis, Segments, Value Share and Key Trends 2012 - 2018

Toluene is a colorless, water insoluble, volatile, inflammable liquid with odor that resembles paint thinner. It is primarily obtained from petroleum and coal tar. Toluene is commonly used as industrial feedstock and as solvent. It is used in paints, inks, adhesives, disinfectants etc. It is also used as a raw material to manufacture benzene, xylene, TNT, production of pharmaceuticals, dyes and cosmetic nail products. 

Request Sample Copy of the Report @ http://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=993
Toluene is often mixed with gasoline as it improves its octane number. In 2010 almost 85% of the toluene produced globally was used as solvents and in production of benzene and xylene. The global demand for toluene is expected to grow at a steady rate. The Asia-Pacific region is alone expected to dominate the market. The demand for toluene will be driven by countries like China, India, and South Korea owing to their robust GDP growth in recent times. 

The Chinese demand for toluene will drive the demand for toluene from the Asia-Pacific region. Developing countries such as those in Asia-Pacific, Latin America, and Eastern Europe, and the Middle East are likely to see an increase in construction activity during the period 2012-2018. So this paint market has the potential to drive the toluene market since it is used as a solvent. Another driver for this market can be the booming adhesives industry.

There are some factors that might restrict the growth of this market. One of the most prominent factors is the ever fluctuating crude oil prices. Also, the demand for other aromatic products might also act as a restrain for toluene demand. Long term exposure to Toluene has detrimental effect on central nervous system and can also harm the human brain. 

High level of exposure during pregnancy can cause damage the development of feotus, causing retarded growth, birth defects, limb abnormalities etc. People now-a-days are moving toward non-VOC paints and adhesives owing to the detrimental effects of toluene. This increasing awareness among people and availability of a safer option can prevent the toluene market from reaching its full potential.

Some of the leading global manufacturers of toluene include Shell chemicals, Shanghai Dinghan Chemical co Ltd, Dongjin Semichem co ltd. etc.

This research report analyzes this market depending on its market segments, major geographies, and current market trends. Geographies analyzed under this research report include 
North America 
Asia Pacific 
Europe
Rest of the World  
This report provides comprehensive analysis of 
Market growth drivers 
Factors limiting market growth
Current market trends 
Market structure
Market projections for upcoming years 
This report is a complete study of current trends in the market, industry growth drivers, and restraints. It provides market projections for the coming years. It includes analysis of recent developments in technology, Porter’s five force model analysis and detailed profiles of top industry players. The report also includes a review of micro and macro factors essential for the existing market players and new entrants along with detailed value chain analysis. 
 
Request TOC of the Report @ http://www.transparencymarketresearch.com/sample/sample.php?flag=D&rep_id=993

About Us

Transparency Market Research (TMR) is a market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants, use proprietary data sources and various tools and techniques to gather, and analyze information. Our business offerings represent the latest and the most reliable information indispensable for businesses to sustain a competitive edge.

Each TMR syndicated research report covers a different sector - such as pharmaceuticals, chemicals, energy, food & beverages, semiconductors, med-devices, consumer goods and technology. These reports provide in-depth analysis and deep segmentation to possible micro levels. With wider scope and stratified research methodology, TMR’s syndicated reports strive to provide clients to serve their overall research requirement.

US Office Contact

90 State Street, Suite 700
Albany, NY 12207
Tel: +1-518-618-1030
USA - Canada Toll Free: 866-552-3453
Email: sales@transparencymarketresearch.com
Website: http://www.transparencymarketresearch.com

This release was published on openPR.