Global Toluene Market, Forecast, Market Share, Trends, Size, Growth and Industry Analysis 2012- 2018

MarketResearchReports.Biz presents this most up-to-date research on "Toluene Market - Global Forecast, Market Share, Trends, Size, Growth and Industry Analysis, 2012 - 2018"

​The objective of this report is to define, describe, and forecast the market on the basis of type, application, medical condition, and region. It provides detailed information regarding the major factors influencing the growth of the market. This report also tracks and analyzes competitive developments of the key players in terms of market developments, product portfolios, and financials.

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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.
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.

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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

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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.

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