Global Toluene Market Industry Trends, Share and Forecast 2022 Chemical Market Research Report
SUMMARY • Toluene, also known as toluol and methylbenzene, is a colorless, water-insoluble liquid, with a benzene-like odor. • It exhibits beta-oxidant, depressant, hepatoprotective, anesthetic, and neurotransmitter properties. • Toluene is an aromatic hydrocarbon that is used in many industrial applications, mostly as a solvent and industrial feedstock. • It is also used in the explosives industry to manufacture flammable compounds and in the production of hair dyes.
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MARKET STATUS MARKET HISTORY 2016 According to latest report, titled “Toluene Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2017-2022”, the global toluene market reached a value of US$ 21 Billion in 2016.
MARKET FORECAST 2022 According to the report, the market is anticipated to reach a value of more than US$ 28 Billion by 2022, exhibiting a CAGR of 5% during 2017-2022.
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SEGMENTATION OF REPORT 2. Based on Application
1. Based on Technology
3. Based on Regions
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1. BASED ON TECHNOLOGY Eformate Process
Coke/Coal Process
Pygas Process
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Styrene Process.
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BASED ON APPLICATIONS benzene represents the largest segment followed by solvents Xylene TDI others
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BASED ON REGIONS • Asia Pacific • North America • Europe • Middle East and Africa • Latin America
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BASED ON REGIONS •
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North America
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Asia Pacific
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Middle East and Africa
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Latin America
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Europe
KEY QUESTIONS ANSWERED IN THIS REPORT: BASF Covestro BP PLC SK Innovation Co. Ltd. Royal Dutch Shell Plc.
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GLOBAL MAJOR PLAYERS This report provides a deep insight into the global toluene market covering all its essential aspects. This ranges from macro overview of the market to micro details of the industry performance, recent trends, key market drivers and challenges, SWOT analysis, Porter’s five forces analysis, value chain analysis, This report is a must-read for entrepreneurs, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the toluene industry in any manner.
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