Toluene market appears to be competitive with the presence of several large and small players functioning in the global market. These major players are participating in the market on the basis of price, composition, quality, technology and innovation. Toluene market is attributed to grow at a higher CAGR and likely to attract many entrants in the market resulting into healthy competition in the future. Manufacturers functioning in the toluene market are struggling to respond to the growing demand for the product in automotive, cosmetics, pharmaceuticals, and others. They ensure to produce best quality products based on feedstock, efficiency, performance and factors that are trending in the market.
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The key players profiled in global Toluene market report include BASF, BorsodChem, Shanghai Dinghan Chemical co Ltd, Shell chemicals, Exxon Mobil, China National Petroleum Corporation, Dongjin Semichem co ltd, Royal Dutch Shell, Reliance Industries and BP
Toluene Market– Market Overview / Study Objective / Synopsis
- To provide detailed analysis of the market structure along with forecast for the next 10 years of various segments and sub-segments of the global Toluene market
- To provide insights about factors affecting the market growth
- To analyze the global Toluene market based on various factors- price analysis, supply chain analysis, porters five force analysis etc.
- To provide historical and forecast revenue of the market segments and sub-segments with respect to four main geographies and their countries- North America, Europe, Asia, and Rest of the World (ROW)
- To provide country level analysis of the market with respect to the current market size and future prospective
- To provide country level analysis of the market for segment by key crops.
- To provide strategic profiling of key players in the market, comprehensively analyzing their core competencies, and drawing a competitive landscape for the market
- To track and analyze competitive developments such as joint ventures, strategic alliances, mergers and acquisitions, new product developments, and research and developments in the Global Toluene market
Toluene Market – Competitive Analysis
Global Toluene Market 2018 to 2027 focus on business Intelligence for revenue-generating processes, market research future illustrated some of the typical ways that is used to improve key revenue generation processes. Fundamentally, Toluene market analysis, new technology, scope, stake, progress, trends and opportunities are about using detailed and specific business information about client.Global Toluene Market research report spread across 115 Pages consist 45 Tables and 11 Figures also include Top 10 Global key players that sharing latest types, technology, application by 2027.
LIST OF TABLES
Table 1 World Population By Major Regions (2016 To 2030)
Table 2 Global Toulene Market: By Region, 2016-2023
Table 3 North America Toulene Market: By Country, 2016-2023
Table 4 Europe Toulene Market: By Country, 2016-2023
Table 5 Asia-Pacific Toulene Market: By Country, 2016-2023
Table 7 Middle East & Africa Toulene Market: By Country, 2016-2023
Table 6 Latin America Toulene Market: By Country, 2016-2023
Table 8 Global Toulene By Grades Market: By Regions, 2016-2023
Table 9 North America Toulene By Grades Market: By Country, 2016-2023
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Industry/ Innovation/ Related News:
November 18, 2015 – BASF SE (Germany), one of the leading producers of toluene, declared that the company has inaugurated a new Toluene Diisocyanate plant of 300,000 metric tonnes, at its Ludwigshafen site in Germany. It was the most expensive plant ever built in their history and expected to create around 200 jobs. This plant was set up with an investment of over Euro 1 billion. One of the officials also announced that three components produced from TDI complex were dinitrotoluene(DNT), toluylendiamine (TDA) and toluene diisocyanate. The initiation of this plant was set to propel the market over the forecast period due to growing consumption of toluene in production of polystyrene and polyurethane foams in furniture, mattresses, and others.
October 12, 2017 – BASF SE (Germany), one of the prominent producers of toluene, announced that the company has withdrawn its TDI( toluene diisocyanate) plant in Germany. The presence of dichlorobenzene in final product has led the company to take this decision. Due to this, about 50 customers were affected because dichlorobenzene is termed as a highly dangerous chemical for human beings surviving in the environment. The major reason behind this problem was the technical defect caused during production. Due to this disaster, the company has decided to stop its production and this decision was predicted to hinder market growth in Europe.
Toluene Market – Regional Analysis
Geographically, Asia Pacific region holds the major portion of global toluene market. China is still the leading country in the market owing to growing expansion of production and infrastructure facilities in heavy end-use industries. Increasing consumption of polystyrene and polyurethane foams in cosmetics, pharmaceuticals, and others has boosted the toluene market demand in Malaysia, Japan and Thailand. North American region is set to grow at a higher CAGR owing to growing demand for lightweight products in automotive and packaging sectors. Additionally, the European region has witnessed a significant growth due to adoption of product in buildings & construction, consumer goods, and others.
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