甲苯市场 - 2018-2028 年全球产业规模、份额、趋势、机会和预测,按衍生性商品、按应用、地区和竞争细分
市场调查报告书
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1355186

甲苯市场 - 2018-2028 年全球产业规模、份额、趋势、机会和预测,按衍生性商品、按应用、地区和竞争细分

Toluene Market - Global Industry Size, Share, Trends, Opportunity, and Forecast, 2018-2028F Segmented By Derivative, By Application, By Region and Competition

出版日期: | 出版商: TechSci Research | 英文 170 Pages | 商品交期: 2-3个工作天内

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简介目录

2022 年全球甲苯市场价值为214.5 亿美元,预计在预测期内将强劲增长,到2028 年复合年增长率为4.86%。甲苯是一种不溶于水的透明、挥发性和易燃液体,具有类似的气味苯,类似油漆溶剂。它是从原油中提取的,可以从吐鲁树中提取。它也被称为甲醇盐、苯基甲烷、甲苯、抗盐或以前的甲苯。它也用于清洁晶圆和晶片。甲苯是用煤生产汽油和焦炭燃料的副产品。甲苯最初是从石油和煤焦油中获得的,与汽油混合以提高其辛烷值。甲苯具有镇静、保肝、麻醉、β-氧化剂和神经传导物质功能。甲苯在工业中用作指甲油去除剂、油漆稀释剂、黏合剂和涂改液的溶剂。此外,亚太和拉丁美洲最终用户产业(农业化学品、化妆品和炸药)的成长,加上全球经济可支配收入的增加,预计将对全球甲苯市场的成长产生正面影响。

主要市场驱动因素

化学工业需求不断成长

市场概况
预测期 2024-2028
2022 年市场规模 214.5亿美元
2028 年市场规模 281.3亿美元
2023-2028 年复合年增长率 4.86%
成长最快的细分市场 溶剂
最大的市场 亚太地区

甲苯是一种无色芳香烃,由于其多种用途,在各个工业部门中发挥着至关重要的作用。化学工业利用甲苯基溶剂来溶解和混合各种物质,从而可以配製高品质的涂料和黏合剂。随着工业活动持续增加,对甲苯产品的需求也增加。化学工业利用甲苯基溶剂来溶解和混合各种物质,从而可以配製高品质的涂料和黏合剂。随着工业活动持续增加,对甲苯产品的需求也增加。甲苯是生产各种化合物(例如甲苯二异氰酸酯(TDI)和苯二氢化物(BHD))的重要化学中间体。这些化合物在聚氨酯、泡沫和其他特殊化学品的生产上有广泛的应用。随着化学工业不断探索创新应用,对甲苯作为化学中间体的需求可能会进一步成长。此外,甲苯也应用于製药和香料工业。它可作为製造活性药物成分 (API) 的原料以及香精香料配方中的溶剂。随着全球人口的增加和消费者偏好的变化,对药品和个人护理产品的需求预计将上升,从而推动这些行业对甲苯的需求。

化妆品产业中甲苯的使用不断增加

甲苯在化妆品中的存在可归因于其独特的性质,包括其优异的溶解能力以及有效溶解和分散各种化合物的能力。此外,甲苯具有相对较低的沸点和蒸发速率,使其成为化妆品配方中的理想溶剂。甲苯在化妆品中最重要的用途之一是指甲护理。甲苯作为溶剂,有助于保持抛光剂的光滑和均匀的一致性,同时促进快速干燥效果。含有甲苯可确保指甲油很好地黏附在指甲表面,提供持久的磨损。甲苯也用于护髮产品,特别是髮胶和髮胶。其溶解特性使活性成分能够均匀分布在整个头髮中,从而实现有效的定型和定型能力。甲苯的快干特性使其成为美髮产品中广受欢迎的成分,为消费者提供易用性和便利性。此外,甲苯偶尔在香料工业中用作精油和芳香化合物的溶剂。它能够溶解这些成分,并且可以在各种化妆品中产生浓缩且持久的香味。在消费者偏好不断变化、可支配收入激增以及对个人修饰和外表日益关注的推动下,化妆品行业在全球范围内经历了显着增长。随着该行业的不断扩张,作为化妆品重要成分的甲苯的需求预计也会增加。此外,社群媒体、名人代言和美容影响者的影响力不断增强,推动了化妆品和美容产品的流行。随着世界各地的消费者追随这些趋势,对高品质和持久化妆品的需求不断增长,从而增加了这些产品中甲苯的使用量。

汽车业对甲苯的需求增加

甲苯是一种从石油中提取的无色液态烃,长期以来被认为是各种工业应用中的重要原料。其突出用途之一在于汽车工业,在高性能燃料的生产中发挥关键作用,并且是製造橡胶和塑胶等汽车零件的关键组成部分。近年来,汽车产业对甲苯需求的成长已成为全球甲苯市场的重要推手。甲苯在汽车产业最重要的用途是作为汽油的辛烷值增强剂。将甲苯与汽油混合可提高辛烷值,从而提高引擎性能并减少爆震,特别是在高性能和高压缩引擎中。汽车工业对更省油、更强大的引擎的不懈追求导致对甲苯的需求增加,以提高汽油品质。聚氨酯是汽车内饰中使用的重要塑料,源自于甲苯二异氰酸酯。此外,甲苯是合成橡胶生产的关键成分,合成橡胶用于製造轮胎和其他汽车零件。随着汽车产业的持续成长,对轻质耐用材料的需求激增,进一步推动了这些应用对甲苯的需求。甲苯是一种有效的溶剂和清洁剂,用于汽车行业在製造过程中对各种零件进行清洁和脱脂。此外,它还可用于去除汽车表面的油漆和黏合剂,有助于车辆的高效组装和维护。

主要市场挑战

原料价格波动

通常,甲苯生产的主要原料是苯,它来自原油精炼厂或作为某些化学过程的副产品获得。苯以及甲苯的价格与原油价格有着错综复杂的关联。当原料价格飙升时,生产商面临更高的生产成本,降低利润率,并可能导致最终用户的价格上涨。甲苯市场竞争激烈,各生产者争夺市场占有率。当原料价格波动时,一些生产商可能难以调整其定价策略,可能会失去市场竞争力。原料价格不可预测的变化可能会扰乱供应链动态,影响库存管理和分销管道。製造商可能会发现很难维持稳定的甲苯供应来满足市场需求。

贸易限制与地缘政治因素

政府实施关税、配额及进出口禁令等贸易限制,以保护国内产业、规范进口、维持国家安全利益。虽然这些措施可以达到合法目的,但它们往往会为全球甲苯市场带来意想不到的后果。征收关税和配额限制了甲苯的跨境流动,限制了生产商和出口商的市场准入。这会导致交易成本增加,并可能阻碍某些地区该行业的成长。国家之间的紧张局势可能会导致贸易路线和供应链中断,从而导致甲苯价格和供应量波动。例如,石油资源丰富地区的衝突可能导致供应限制和价格波动。主要甲苯生产地区的政治不稳定可能对该行业带来风险。政府政策的不可预见的变化可能会导致突然的出口禁令或限制,从而导致市场不稳定。

主要市场趋势

油漆涂料产业对甲苯的需求不断增长

甲苯的独特性能使其成为生产高品质油漆和涂料中不可或缺的成分。甲苯是油漆和涂料行业的重要溶剂。它能有效溶解油漆成分,有助于维持所需的浓稠度、黏度和应用性能。其优异的溶解能力使其成为各种涂料配方的理想选择。油漆和涂料製造商经常添加甲苯来提高其产品的性能。它有助于实现更快的干燥时间、卓越的光泽度和增强的耐用性,使涂漆表面更耐磨损。全球城市化和基础设施发展的趋势推动了对油漆和涂料的需求。随着城市扩张和建设项目激增,对高品质涂料以及随之而来的甲苯的需求不断增加。製造商正在探索传统溶剂的替代品,甲苯的低 VOC(挥发性有机化合物)含量使其成为具有生态意识的油漆和涂料公司的有吸引力的选择。航空航太、船舶、石油和天然气等行业越来越多地采用高性能涂料来满足其特殊需求。甲苯在增强涂料性能和耐久性方面的作用使其成为该领域广受欢迎的成分。

专注于可再生甲苯生产

随着环境问题和永续性成为产业实践的核心,全球甲苯市场正经历典范转移。随着人们越来越认识到传统甲苯生产的不利影响,出现了一个重要趋势——关注可再生甲苯生产。可再生甲苯通常使用非化石原料(例如生物质或废料)并透过可显着减少环境影响的先进技术生产。利用生物质(包括农业残留物、木质生物质和其他有机废物)作为甲苯生产原料已受到关注。先进的转化技术,如热解、气化和发酵,被用来将生物质转化为苯等甲苯前体,然后进一步加工成甲苯。另一个趋势涉及使用废料,例如塑胶废料、轮胎或其他有机废物流,作为甲苯合成的起始材料。废弃物增值不仅减轻了垃圾掩埋场的负担,还最大限度地减少了废弃物处置对环境的影响。此外,使用绿色氢也可以促进可再生甲苯的生产,绿色氢是透过再生能源驱动的水力发电解产生的。绿氢是甲苯合成中的关键试剂,取代了从化石燃料中获得的传统氢。

细分市场洞察

衍生性商品洞察

2022年,甲苯市场由苯和二甲苯领域主导,预计未来几年将继续扩大。苯和二甲苯是用于各行业的重要化学中间体,包括塑胶、合成纤维、树脂、橡胶和药品的生产。它们的多功能性和广泛的应用导致了持续的高需求,进一步巩固了它们在市场上的主导地位。苯和二甲苯的生产通常会产生副产品甲苯。因此,它们很容易获得,与其他甲苯来源相比具有成本竞争力。这种具有竞争力的价格使苯和二甲苯对製造商和消费者更具吸引力,从而在市场上占据主导地位。苯和二甲苯都广泛用作芳香族溶剂,为各种物质提供优异的溶解能力。它们用于油漆、涂料、黏合剂和化学配方,其中甲苯也常用作溶剂。它们在这一应用类别中的流行巩固了它们在甲苯市场中的重要性。

应用洞察

2022 年,甲苯市场由药品领域主导,预计未来几年将继续扩大。这是由于甲苯被广泛用于製造抑制中枢神经系统(CNS)的药物,导致疾病的严重性增加。此外,它在兽医学中用于治疗犬科动物和猫科动物的不同寄生虫。这些因素正在促进全球甲苯市场製药领域的扩张。

区域洞察

亚太地区已成为全球甲苯市场的领导者。亚太地区快速的城市化和建筑活动刺激了对油漆、涂料和黏合剂的需求,所有这些都依赖甲苯作为主要溶剂。城市人口的增加推动了基础设施发展的需求,进一步增加了甲苯的消费量。亚太地区拥有大量原油和天然气储量,是甲苯生产的主要来源。该地区这些原材料的供应支持具有成本效益的甲苯生产,从而在全球市场上形成竞争优势。此外,由于亚太地区的成长潜力和有吸引力的市场条件,全球石化公司在亚太地区进行了大量投资,进一步巩固了该地区在甲苯市场的地位。

主要市场参与者

  • 埃克森美孚化学
  • 瓦莱罗能源公司
  • 中石化
  • 信实工业公司
  • 康菲石油公司
  • 巴斯夫公司
  • 英国石油化学公司
  • 中国石油天然气集团公司
  • 三井物产

可用的客製化:

全球甲苯市场报告以及给定的市场资料,技术科学研究根据公司的具体需求提供客製化服务。该报告可以使用以下自订选项:

公司资讯

  • 其他市场参与者(最多五个)的详细分析和概况分析。

目录

第 1 章:产品概述

  • 市场定义
  • 市场范围
    • 涵盖的市场
    • 考虑学习的年份
    • 主要市场区隔

第 2 章:研究方法

  • 研究目的
  • 基线方法
  • 主要产业伙伴
  • 主要协会和二手资料来源
  • 预测方法
  • 数据三角测量与验证
  • 假设和限制

第 3 章:执行摘要

  • 市场概况
  • 主要市场细分概述
  • 主要市场参与者概述
  • 重点地区/国家概况
  • 市场驱动因素、挑战与趋势概述

第 4 章:客户之声

第 5 章:全球甲苯市场展望

  • 市场规模及预测
    • 按价值和数量
  • 市占率及预测
    • 依衍生物(苯和二甲苯、溶剂、汽油添加剂、甲苯二异氰酸酯 (TDI)、三硝基甲苯 (TNT) 等)
    • 按应用(药物、染料、混合、美甲产品、其他)
    • 按地区
    • 按公司划分 (2022)
  • 市场地图

第 6 章:北美甲苯市场展望

  • 市场规模及预测
    • 按价值和数量
  • 市占率及预测
    • 按衍生性商品
    • 按应用
    • 按国家/地区
  • 北美:国家分析
    • 美国
    • 墨西哥
    • 加拿大

第 7 章:欧洲甲苯市场展望

  • 市场规模及预测
    • 按价值和数量
  • 市占率及预测
    • 按衍生性商品
    • 按应用
    • 按国家/地区
  • 欧洲:国家分析
    • 法国
    • 德国
    • 英国
    • 义大利
    • 西班牙

第 8 章:亚太地区甲苯市场展望

  • 市场规模及预测
    • 按价值和数量
  • 市占率及预测
    • 按衍生性商品
    • 按应用
    • 按国家/地区
  • 亚太地区:国家分析
    • 中国
    • 印度
    • 韩国
    • 日本
    • 澳洲

第 9 章:南美甲苯市场展望

  • 市场规模及预测
    • 按价值和数量
  • 市占率及预测
    • 按衍生性商品
    • 按应用
    • 按国家/地区
  • 南美洲:国家分析
    • 巴西
    • 阿根廷
    • 哥伦比亚

第10章:中东和非洲甲苯市场展望

  • 市场规模及预测
    • 按价值和数量
  • 市占率及预测
    • 按衍生性商品
    • 按应用
    • 按国家/地区
  • MEA:国家分析
    • 南非 甲苯
    • 沙乌地阿拉伯 甲苯
    • 阿联酋甲苯

第 11 章:市场动态

  • 司机
  • 挑战

第 12 章:市场趋势与发展

第 13 章:杵分析

第 14 章:波特的五力分析

  • 产业竞争
  • 新进入者的潜力
  • 供应商的力量
  • 客户的力量
  • 替代产品的威胁

第15章:竞争格局

  • 商业概览
  • 公司概况
  • 产品与服务
  • 财务(上市公司)
  • 最近的发展
  • SWOT分析
    • Shell
    • Exxon-Mobil Chemical
    • Valero Energy
    • Sinopec
    • Reliance Industries
    • ConocoPhillips
    • BASF SE
    • BP Chemicals
    • China National Petroleum
    • Mitsui & Co.

第 16 章:策略建议

简介目录
Product Code: 3963

Global Toluene Market was valued at USD21.45 billion in 2022 and is anticipated to project robust growth in the forecast period with a CAGR of 4.86% through 2028. Toluene is an insoluble in water, clear, volatile, and flammable liquid with a scent similar to benzene and resembles a paint solvent. It is extracted in crude oils and can be derived from tolu trees. It is also known as methoxide, phenylmethane, methylbenzene, antisal, or formerly toluol. It is also used to clean wafers and chips. Toluene is a byproduct of the production of gasoline and coke-fuel from coal. Toluene is originally obtained from petroleum and coal tar, mixed with gasoline to improve its octane number. Toluene exhibits depressant, hepatoprotective, anesthetic, beta-oxidant, and neurotransmitter functions. Toluene is used in industries as a solvent in nail polish removers, paint thinners, adhesives, and correction fluids. Furthermore, the growth of end-user sectors (agrochemicals, cosmetics, and explosives) in Asia-Pacific and Latin America, coupled with the rise in disposable incomes in the global economy, is expected to impact the growth of the global Toluene Market positively.

Key Market Drivers

Rising Demand from the Chemical Industry

Market Overview
Forecast Period2024-2028
Market Size 2022USD 21.45 Billion
Market Size 2028USD 28.13 Billion
CAGR 2023-20284.86%
Fastest Growing SegmentSolvents
Largest MarketAsia Pacific

Toluene, a colorless aromatic hydrocarbon, plays a crucial role in various industrial sectors due to its diverse applications. The chemical industry utilizes toluene-based solvents for their ability to dissolve and blend various substances, allowing for the formulation of high-quality coatings and adhesives. As industrial activities continue to rise, so does the demand for toluene-based products. The chemical industry utilizes toluene-based solvents for their ability to dissolve and blend various substances, allowing for the formulation of high-quality coatings and adhesives. As industrial activities continue to rise, so does the demand for toluene-based products. Toluene acts as a significant chemical intermediate in the production of various compounds, such as toluene diisocyanate (TDI) and benzene dihydride (BHD). These compounds find extensive applications in the production of polyurethanes, foams, and other specialty chemicals. As the chemical industry continues to explore innovative applications, the demand for toluene as a chemical intermediate will likely grow further. Moreover, toluene also finds application in the pharmaceutical and fragrance industries. It serves as a raw material for manufacturing active pharmaceutical ingredients (APIs) and as a solvent in the formulation of fragrances and perfumes. As the global population increases and consumer preferences evolve, the demand for pharmaceuticals and personal care products is expected to rise, driving the need for toluene in these industries.

Growing Use of Toluene in the Cosmetics Industry

Toluene's presence in cosmetics can be attributed to its unique properties, including its excellent solvency and ability to dissolve and disperse various compounds effectively. Additionally, toluene has a relatively low boiling point and evaporation rate, making it an ideal solvent in cosmetic formulations. One of the most prominent uses of toluene in cosmetics is in nail care. Toluene acts as a solvent that helps maintain a smooth and even consistency of the polish while promoting a fast-drying effect. The inclusion of toluene ensures that the nail polish adheres well to the nail surface, offering long-lasting wear. Toluene is also utilized in hair care products, especially in hair sprays and gels. Its solvency properties enable the even distribution of active ingredients throughout the hair, resulting in effective hold and styling capabilities. Toluene's quick-drying characteristics make it a sought-after ingredient in hair styling products, providing consumers with ease of use and convenience. Moreover, toluene is occasionally used in the fragrance industry as a solvent for essential oils and aromatic compounds. Its ability to dissolve these ingredients allows for the creation of concentrated and long-lasting fragrances in various cosmetic products. The cosmetics industry has experienced remarkable growth worldwide, driven by changing consumer preferences, a surge in disposable income, and an increased focus on personal grooming and appearance. As the industry continues to expand, the demand for toluene as a vital ingredient in cosmetic products is also expected to rise. Furthermore, the growing influence of social media, celebrity endorsements, and beauty influencers has fueled the popularity of makeup and beauty products. As consumers worldwide seek to follow these trends, there is a rising demand for high-quality and long-lasting cosmetics, in turn boosting the use of toluene in these products.

Rise in Demand of Toluene from Automotive Industry

Toluene, a colorless liquid hydrocarbon derived from petroleum, has long been recognized as an essential raw material in various industrial applications. One of its prominent uses lies in the automotive industry, where it plays a pivotal role in the production of high-performance fuels and as a key component in manufacturing automotive components like rubber and plastics. In recent years, the rise in demand for toluene from the automotive sector has emerged as a significant driver for the global toluene market. Toluene's most prominent use in the automotive sector is as an octane booster in gasoline. Mixing toluene with gasoline increases the octane rating, resulting in better engine performance and reduced knocking, especially in high-performance and high-compression engines. The automotive industry's relentless pursuit of more fuel-efficient and powerful engines has led to an increased demand for toluene to enhance gasoline quality. Polyurethane, an essential plastic used in car interiors, is derived from toluene diisocyanate. Additionally, toluene is a key component in the production of synthetic rubber, which is utilized in manufacturing tires and other automotive parts. As the automotive industry experiences continuous growth, the demand for lightweight and durable materials has surged, further fueling the need for toluene in these applications. Toluene is an effective solvent and cleaning agent that is employed in the automotive sector for cleaning and degreasing various parts during the manufacturing process. Additionally, it is used for removing paint and adhesives from automotive surfaces, contributing to the efficient assembly and maintenance of vehicles.

Key Market Challenges

Volatility in Prices of Feedstock

Typically, the main feedstock for toluene production is benzene, which is derived from crude oil refineries or obtained as a byproduct of certain chemical processes. The price of benzene, and consequently toluene, is intricately linked to the price of crude oil. When feedstock prices surge, producers face higher production costs, reducing profit margins and potentially leading to price increases for end-users. The toluene market is highly competitive, with various producers vying for market share. When feedstock prices fluctuate, some producers may struggle to adjust their pricing strategies, potentially losing competitiveness in the market. Unpredictable changes in feedstock prices can disrupt supply chain dynamics, affecting inventory management and distribution channels. Manufacturers may find it difficult to maintain a steady supply of toluene to meet market demands.

Trade Restrictions and Geopolitical Factors

Trade restrictions, such as tariffs, quotas, and import/export bans, are implemented by governments to protect domestic industries, regulate imports, and safeguard national security interests. While these measures can serve legitimate purposes, they often create unintended consequences for the global toluene market. The imposition of tariffs and quotas restricts the flow of toluene across international borders, limiting market access for producers and exporters. This leads to an increase in transaction costs and can potentially hinder the growth of the industry in certain regions. Tensions between nations can result in disruptions to trade routes and supply chains, causing volatility in toluene prices and availability. For instance, conflicts in oil-rich regions may lead to supply constraints and price fluctuations. Political instability in major toluene-producing regions can pose risks to the industry. Unforeseen changes in government policies may lead to sudden export bans or restrictions, leading to market instability.

Key Market Trends

Growing Demand of Toluene in Paints and Coatings Industry

Toluene's unique properties make it an indispensable component in the production of high-quality paints and coatings. Toluene serves as a crucial solvent in the paints and coatings industry. It effectively dissolves paint components, helping to maintain the desired consistency, viscosity, and application properties. Its excellent solvency power makes it an ideal choice for various paint formulations. Paints and coatings manufacturers often add toluene to improve the performance of their products. It aids in achieving faster drying times, superior gloss, and enhanced durability, making the painted surfaces more resistant to wear and tear. The global trend of increasing urbanization and infrastructure development has propelled the demand for paints and coatings. As cities expand and construction projects surge, the requirement for high-quality coatings, and subsequently, toluene, is on the rise. Manufacturers are exploring alternatives to traditional solvents, and toluene's low VOC (Volatile Organic Compound) content makes it an attractive option for eco-conscious paint and coating companies. Industries such as aerospace, marine, and oil and gas are increasingly adopting performance coatings for their specialized needs. Toluene's role in enhancing coating performance and durability makes it a sought-after ingredient in this segment.

Focus on Renewable Toluene Production

The global toluene market is experiencing a paradigm shift as environmental concerns and sustainability become central to industry practices. Amidst increasing awareness about the adverse impacts of conventional toluene production, a significant trend has emerged - the focus on renewable toluene production. Renewable toluene is typically produced using non-fossil feedstocks, such as biomass or waste materials, and through advanced technologies that significantly reduce environmental impact. The utilization of biomass, including agricultural residues, woody biomass, and other organic waste, as feedstocks for toluene production has gained traction. Advanced conversion technologies, such as pyrolysis, gasification, and fermentation, are being employed to convert biomass into toluene precursors like benzene, which are further processed into toluene. Another trend involves using waste materials, such as plastic waste, tires, or other organic waste streams, as starting materials for toluene synthesis. Waste valorization not only reduces the burden on landfills but also minimizes the environmental impact associated with waste disposal. Moreover, the production of renewable toluene can also be facilitated by using green hydrogen, which is produced through water electrolysis powered by renewable energy sources. Green hydrogen acts as a key reagent in toluene synthesis, replacing conventional hydrogen obtained from fossil fuels.

Segmental Insights

Derivative Insights

In 2022, the Toluene market was dominated by the benzene & xylene segment and is predicted to continue expanding over the coming years. Benzene and xylene are essential chemical intermediates used in various industries, including the production of plastics, synthetic fibers, resins, rubber, and pharmaceuticals. Their versatility and wide range of applications result in consistently high demand, further contributing to their dominance in the market. The production of benzene and xylene often results in the generation of toluene as a byproduct. As a result, they are readily available, making them cost-competitive in comparison to other sources of toluene. This competitive pricing makes benzene and xylene more attractive to manufacturers and consumers, leading to their dominance in the market. Both benzene and xylene are widely used as aromatic solvents, providing superior dissolving capabilities for various substances. They are utilized in paints, coatings, adhesives, and chemical formulations, where toluene is also commonly employed as a solvent. Their prevalence in this application category solidifies their significance in the toluene market.

Application Insights

In 2022, the Toluene market was dominated by the Drugs segment and is predicted to continue expanding over the coming years. This is attributed to the rise in the seriousness of illnesses where toluene is extensively utilized in manufacturing drugs that depress the central nervous system (CNS). Moreover, it is employed in veterinary medicine to cure different parasites in canines and felines. These elements are enhancing the expansion of the pharmaceutical segment in the worldwide toluene market.

Regional Insights

The Asia Pacific region has established itself as the leader in the Global Toluene Market. The rapid urbanization and construction activities in the Asia Pacific region have fueled the demand for paints, coatings, and adhesives, all of which rely on toluene as a key solvent. The increasing urban population drives the need for infrastructure development, further boosting toluene consumption. Asia Pacific has substantial reserves of crude oil and natural gas, which are primary sources for toluene production. The availability of these raw materials in the region supports cost-effective toluene production, fostering a competitive advantage in the global market. Furthermore, global petrochemical companies have made significant investments in the Asia Pacific region due to its growth potential and attractive market conditions, further strengthening the region's position in the toluene market.

Key Market Players

  • Shell
  • Exxon-Mobil Chemical
  • Valero Energy
  • Sinopec
  • Reliance Industries
  • ConocoPhillips
  • BASF SE
  • BP Chemicals
  • China National Petroleum
  • Mitsui & Co.

Report Scope:

In this report, the Global Toluene Market has been segmented into the following categories, in addition to the industry trends, which have also been detailed below:

Global Toluene Market, By Derivative:

  • Benzene & Xylene
  • Solvents
  • Gasoline Additives
  • Toluene Diisocynate (TDI)
  • Tri Nitro Toluene (TNT)
  • Others

Global Toluene Market, By Application:

  • Drugs
  • Dyes
  • Blending
  • Cosmetic Nail Products
  • Others

Global Toluene Market, By Region:

  • Asia Pacific
  • North America
  • Europe
  • Middle East & Africa
  • South America

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in the Global Toluene Market.

Available Customizations:

Global Toluene Market report with the given market data, Tech Sci Research offers customizations according to a company's specific needs. The following customization options are available for the report:

Company Information

  • Detailed analysis and profiling of additional market players (up to five).

Table of Contents

1. Product Overview

  • 1.1. Market Definition
  • 1.2. Scope of the Market
    • 1.2.1. Markets Covered
    • 1.2.2. Years Considered for Study
    • 1.2.3. Key Market Segmentations

2. Research Methodology

  • 2.1. Objective of the Study
  • 2.2. Baseline Methodology
  • 2.3. Key Industry Partners
  • 2.4. Major Association and Secondary Sources
  • 2.5. Forecasting Methodology
  • 2.6. Data Triangulation & Validation
  • 2.7. Assumptions and Limitations

3. Executive Summary

  • 3.1. Overview of the Market
  • 3.2. Overview of Key Market Segmentations
  • 3.3. Overview of Key Market Players
  • 3.4. Overview of Key Regions/Countries
  • 3.5. Overview of Market Drivers, Challenges, and Trends

4. Voice of Customers

5. Global Toluene Market Outlook

  • 5.1. Market Size & Forecast
    • 5.1.1. By Value & Volume
  • 5.2. Market Share & Forecast
    • 5.2.1. By Derivative (Benzene & Xylene, Solvents, Gasoline Additives, Toluene Diisocynate (TDI), Tri Nitro Toluene (TNT), & Others)
    • 5.2.2. By Application (Drugs, Dyes, Blending, Cosmetic Nail Products, Others)
    • 5.2.3. By Region
    • 5.2.4. By Company (2022)
  • 5.3. Market Map

6. North America Toluene Market Outlook

  • 6.1. Market Size & Forecast
    • 6.1.1. By Value & Volume
  • 6.2. Market Share & Forecast
    • 6.2.1. By Derivative
    • 6.2.2. By Application
    • 6.2.3. By Country
  • 6.3. North America: Country Analysis
    • 6.3.1. United States Toluene Market Outlook
      • 6.3.1.1. Market Size & Forecast
        • 6.3.1.1.1. By Value & Volume
      • 6.3.1.2. Market Share & Forecast
        • 6.3.1.2.1. By Derivative
        • 6.3.1.2.2. By Application
    • 6.3.2. Mexico Toluene Market Outlook
      • 6.3.2.1. Market Size & Forecast
        • 6.3.2.1.1. By Value & Volume
      • 6.3.2.2. Market Share & Forecast
        • 6.3.2.2.1. By Derivative
        • 6.3.2.2.2. By Application
    • 6.3.3. Canada Toluene Market Outlook
      • 6.3.3.1. Market Size & Forecast
        • 6.3.3.1.1. By Value & Volume
      • 6.3.3.2. Market Share & Forecast
        • 6.3.3.2.1. By Derivative
        • 6.3.3.2.2. By Application

7. Europe Toluene Market Outlook

  • 7.1. Market Size & Forecast
    • 7.1.1. By Value & Volume
  • 7.2. Market Share & Forecast
    • 7.2.1. By Derivative
    • 7.2.2. By Application
    • 7.2.3. By Country
  • 7.3 Europe: Country Analysis
    • 7.3.1. France Toluene Market Outlook
      • 7.3.1.1. Market Size & Forecast
        • 7.3.1.1.1. By Value & Volume
      • 7.3.1.2. Market Share & Forecast
        • 7.3.1.2.1. By Derivative
        • 7.3.1.2.2. By Application
    • 7.3.2. Germany Toluene Market Outlook
      • 7.3.2.1. Market Size & Forecast
        • 7.3.2.1.1. By Value & Volume
      • 7.3.2.2. Market Share & Forecast
        • 7.3.2.2.1. By Derivative
        • 7.3.2.2.2. By Application
    • 7.3.3. United Kingdom Toluene Market Outlook
      • 7.3.3.1. Market Size & Forecast
        • 7.3.3.1.1. By Value & Volume
      • 7.3.3.2. Market Share & Forecast
        • 7.3.3.2.1. By Derivative
        • 7.3.3.2.2. By Application
    • 7.3.4. Italy Toluene Market Outlook
      • 7.3.4.1. Market Size & Forecast
        • 7.3.4.1.1. By Value & Volume
      • 7.3.4.2. Market Share & Forecast
        • 7.3.4.2.1. By Derivative
        • 7.3.4.2.2. By Application
    • 7.3.5. Spain Toluene Market Outlook
      • 7.3.5.1. Market Size & Forecast
        • 7.3.5.1.1. By Value & Volume
      • 7.3.5.2. Market Share & Forecast
        • 7.3.5.2.1. By Derivative
        • 7.3.5.2.2. By Application

8. Asia-Pacific Toluene Market Outlook

  • 8.1. Market Size & Forecast
    • 8.1.1. By Value & Volume
  • 8.2. Market Share & Forecast
    • 8.2.1. By Derivative
    • 8.2.2. By Application
    • 8.2.3. By Country
  • 8.3. Asia-Pacific: Country Analysis
    • 8.3.1. China Toluene Market Outlook
      • 8.3.1.1. Market Size & Forecast
        • 8.3.1.1.1. By Value & Volume
      • 8.3.1.2. Market Share & Forecast
        • 8.3.1.2.1. By Derivative
        • 8.3.1.2.2. By Application
    • 8.3.2. India Toluene Market Outlook
      • 8.3.2.1. Market Size & Forecast
        • 8.3.2.1.1. By Value & Volume
      • 8.3.2.2. Market Share & Forecast
        • 8.3.2.2.1. By Derivative
        • 8.3.2.2.2. By Application
    • 8.3.3. South Korea Toluene Market Outlook
      • 8.3.3.1. Market Size & Forecast
        • 8.3.3.1.1. By Value & Volume
      • 8.3.3.2. Market Share & Forecast
        • 8.3.3.2.1. By Derivative
        • 8.3.3.2.2. By Application
    • 8.3.4. Japan Toluene Market Outlook
      • 8.3.4.1. Market Size & Forecast
        • 8.3.4.1.1. By Value & Volume
      • 8.3.4.2. Market Share & Forecast
        • 8.3.4.2.1. By Derivative
        • 8.3.4.2.2. By Application
    • 8.3.5. Australia Toluene Market Outlook
      • 8.3.5.1. Market Size & Forecast
        • 8.3.5.1.1. By Value & Volume
      • 8.3.5.2. Market Share & Forecast
        • 8.3.5.2.1. By Derivative
        • 8.3.5.2.2. By Application

9. South America Toluene Market Outlook

  • 9.1. Market Size & Forecast
    • 9.1.1. By Value & Volume
  • 9.2. Market Share & Forecast
    • 9.2.1. By Derivative
    • 9.2.2. By Application
    • 9.2.3. By Country
  • 9.3. South America: Country Analysis
    • 9.3.1. Brazil Toluene Market Outlook
      • 9.3.1.1. Market Size & Forecast
        • 9.3.1.1.1. By Value & Volume
      • 9.3.1.2. Market Share & Forecast
        • 9.3.1.2.1. By Derivative
        • 9.3.1.2.2. By Application
    • 9.3.2. Argentina Toluene Market Outlook
      • 9.3.2.1. Market Size & Forecast
        • 9.3.2.1.1. By Value & Volume
      • 9.3.2.2. Market Share & Forecast
        • 9.3.2.2.1. By Derivative
        • 9.3.2.2.2. By Application
    • 9.3.3. Colombia Toluene Market Outlook
      • 9.3.3.1. Market Size & Forecast
        • 9.3.3.1.1. By Value & Volume
      • 9.3.3.2. Market Share & Forecast
        • 9.3.3.2.1. By Derivative
        • 9.3.3.2.2. By Application

10. Middle East and Africa Toluene Market Outlook

  • 10.1. Market Size & Forecast
    • 10.1.1. By Value & Volume
  • 10.2. Market Share & Forecast
    • 10.2.1. By Derivative
    • 10.2.2. By Application
    • 10.2.3. By Country
  • 10.3. MEA: Country Analysis
    • 10.3.1. South Africa Toluene Market Outlook
      • 10.3.1.1. Market Size & Forecast
        • 10.3.1.1.1. By Value & Volume
      • 10.3.1.2. Market Share & Forecast
        • 10.3.1.2.1. By Derivative
        • 10.3.1.2.2. By Application
    • 10.3.2. Saudi Arabia Toluene Market Outlook
      • 10.3.2.1. Market Size & Forecast
        • 10.3.2.1.1. By Value & Volume
      • 10.3.2.2. Market Share & Forecast
        • 10.3.2.2.1. By Derivative
        • 10.3.2.2.2. By Application
    • 10.3.3. UAE Toluene Market Outlook
      • 10.3.3.1. Market Size & Forecast
        • 10.3.3.1.1. By Value & Volume
      • 10.3.3.2. Market Share & Forecast
        • 10.3.3.2.1. By Derivative
        • 10.3.3.2.2. By Application

11. Market Dynamics

  • 11.1. Drivers
  • 11.2. Challenges

12. Market Trends & Developments

13. PESTLE Analysis

14. Porter's Five Forces Analysis

  • 14.1. Competition in the Industry
  • 14.2. Potential of New Entrants
  • 14.3. Power of Suppliers
  • 14.4. Power of Customers
  • 14.5. Threat of Substitute Product

15. Competitive Landscape

  • 15.1. Business Overview
  • 15.2. Company Snapshot
  • 15.3. Products & Services
  • 15.4. Financials (In case of listed companies)
  • 15.5. Recent Developments
  • 15.6. SWOT Analysis
    • 15.6.1. Shell
    • 15.6.2. Exxon-Mobil Chemical
    • 15.6.3. Valero Energy
    • 15.6.4. Sinopec
    • 15.6.5. Reliance Industries
    • 15.6.6. ConocoPhillips
    • 15.6.7. BASF SE
    • 15.6.8. BP Chemicals
    • 15.6.9. China National Petroleum
    • 15.6.10. Mitsui & Co.

16. Strategic Recommendations