Global Toluene Market Insights: Impact of COVID-19 and Future Expectations to 2025

The Toluene market revenue was 19426 Million USD in 2019, and will reach 26049 Million USD in 2025, with a CAGR of 5.01% during 2020-2025. Toluene, formerly known as toluol and methylbenzene, is an aromatic hydrocarbon that is used as an industrial feedstock and as a solvent. Toluene is regarded as an aromatic compound because of the presence of benzene ring in its chemical structure.
This report elaborates the market size, market characteristics, and market growth of the Toluene industry, and breaks down according to the type, application, and consumption area of Toluene. The report also introduces players in the industry from the perspective of the industry chain and marketing chain and describes the leading companies.

In Chapter 2.3 of the report, the impact of the COVID-19 outbreak on the industry was fully assessed. Fully risk assessment and industry recommendations were made for Toluene in a special period. This chapter also compares the markets of Pre COVID-19 and Post COVID-19.
Chapter 2.5 covers the analysis of the impact of COVID-19 from the perspective of the industry chain.
In addition, chapters 6-10 consider the impact of COVID-19 on the regional economy.

Key players in the global Toluene market covered in Chapter 11:
Formosa Chemical & Fiber Corporation
China Petroleum & Chemical Corporation
SK Innovations
Exxon Mobil Corporation
Royal Dutch Shell
BP P.L.C.
China National Petroleum Corporation
GS Caltex
CPC Corporation
BASF SE
Covestro AG

In Chapter 3, on the basis of types, the Toluene market from 2015 to 2025 is primarily split into:
Benzene & Xylene
Toluene Diisocyanates
Solvents
Gasoline Additives
Others (Benzaldehyde and Benzoic Acid)

In Chapter 4, on the basis of applications, the Toluene market from 2015 to 2025 covers:
Drugs
Dyes
Blending
Cosmetic Nail Products
Others (TNT, Pesticides, and Fertilizers)

Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2015-2025) of the following regions are covered in Chapter 5, 6, 7, 8, 9, 10:
North America (Covered in Chapter 6)
United States
Canada
Mexico
Europe (Covered in Chapter 7)
Germany
UK
France
Italy
Spain
Russia
Others
Asia-Pacific (Covered in Chapter 8)
China
Japan
South Korea
Australia
India
Middle East and Africa (Covered in Chapter 9)
Saudi Arabia
UAE
Egypt
South Africa
South America (Covered in Chapter 10)
Brazil
Argentina
Columbia

Years considered for this report:


Historical Years:

2015-2019

Base Year:

2019

Estimated Year:

2020

Forecast Period:

2020-2025

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This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.

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The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.

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