Toluene Market In-Depth Analysis and Forecasts from 2015 to 2019

2015-05-21
Published : May-2015

Toluene is a widely used chemical. The primary use of this chemical is that it can be converted to Beneze and mixed Xylenes which are required for manufacturing a large number of articles all around the world. From the business perspective the import of Toluene is likely to increase in the coming years and following the industrial policies the import duties on Toluene will also be revised. Toluene chemical is used in the process of making a wide variety of products from explosives to fine fragrances. Toluene derived as TNT is used as explosive, Toluene DiIsocynate (TDI) used in Urethane Polymers; Toluene Sufonamide used as a sweetner called Sacchrin; Benzyl Chloride used for producing Plasticizer; Benzoic Acid for production of Phenol, Caprolactum and Terephthalic Acid; Chlorinated derivatives for manufacturing Dyes, Pesticides, Pharmaceuticals and miscellaneous derivates used in medicines, flavours,  germicides, perfumes etc.

For an overview on this market one can refer to Global Toluene Market 2015-2019 (http://www.sandlerresearch.org/global-toluene-market-2015-2019.html) . According to experts Toluene market is expected to grow at CAGR of 4.2% over 2014-2019. The report covers the important players of this market like- BASF, BorsodChem, Petroquimica Rio Tercero, Reliance Industries and Royal Dutch Shell. There is a detail about the business profile of these companies with a segmentation by revenue for 2013 and for 2013 vs 2012, business strategies, keys facts about them, their recent developments and a SWOT analysis of the company. Other important players in the market and covered in this report are Alfa Aesar, Jinan Haohua Industry, J&H Chemicals and Shijiazhuang Kunli Chemical. The report includes segmentation by market size and forecast of different chemicals that are a part of the Toluene Market, such as- Beneze, Solvent, Xylene and TDI. The geographical segmentation includes regions like- APAC, Americas and EMEA. Of these US and China are the leading companies that offer great opportunities for business in the long run.

The manufacturers of Toluene should note that the product produced by them should meet specifications as laid down by controllers. The specifications are Toluene viz. Nitration Grade Toluene (ASTM D-841-85) and Industrial Grade Toluene (ASTM-D-362-84). Nitration Grade Toluene is of high purity (>99.8%) and has more stringent product specifications. The Asian markets have seen a drop in the price of Toluene in the recent days which is in contrast to the prices in the European market that are on a steady rise. Japaneese players have been one of the top exporters of Toluene. The market had sold 98,400 tonnes of Toluene by January 2015 which is significantly higher than 73,700 tonnes in January 2014. The rise in demand has been majorly due to the increased requirement of Tolene from was from South Korea due to the opening of a new plant.

Increase in demand of Toluene in the developing nations is the biggest opportunity for this market. However unstable crude oil prices are a big setback. The report on Global Toluene Market 2015-2019 discusses in detail the latest trend in this market that is rising consumption of Beneze in China and the benefits the economy is reaping from it. There are lot of opportunities in the market and new entrants are welcome into the market. Investments in the field of innovation of newer methods and technologies find an easy way into the market.

Filed in:
More Reports
Title Price Buy Now

Retail Banking Market Dynamics: Indonesia 2018

Retail Banking Market Dynamics: Indonesia 2018 Summary "Retail Banking Market Dynamics: Indonesia 2018", report identifies macroeconomic and competitive dynamics that impact upon the Indonesian retail banking market. It provides insight into the outlook for deposits, credit cards, personal loans, and mortgages; net changes in market share across all four product areas; and overall financial performance, including profitability, efficiency, and income sources. The retail deposits and mortgages markets in Indonesia reported strong growth during 2013-17, but these gains are expected to decelerate over 2018-22. The credit card and personal loan markets are set to remain steady during this period compared to the review period. Indonesian banks have witnessed an increase in their profitabilit......
$2000

India All Set to Achieve its Climate Goals before Schedule – Includes Large Hydro Under Renewable

India All Set to Achieve its Climate Goals before Schedule - Includes Large Hydro Under Renewable Summary As a measure to promote hydropower sector in general, and large hydropower in particular, the union cabinet of India declared large hydropower projects as part of non-solar renewable purchase obligation (RPO). Currently, hydropower projects less than 25 MW capacity are categorized as renewable and above 25 MW are considered conventional plants. India is not the first country to consider all hydropower plants as renewable. Countries such as China and Brazil also consider all hydropower plants as renewable energy. The details of the cabinet approval are as follows - - Large hydropower projects to be declared renewable. - Large hydropower projects are considered as separate entities w......
$500

Tourism Source Market Insight: Canada – Analysis of tourist profiles & flows, spending patterns,destination markets, risks and future opportunities

Tourism Source Market Insight: Canada - Analysis of tourist profiles & flows, spending patterns,destination markets, risks and future opportunities Summary GlobalData's "Tourism Source Market Insight: Canada", report provides a detailed insight into Canada's domestic and outbound tourism market. The report looks at the profiles of Canadian tourists and summarizes the key reasons that they travel. The report offers an in-depth analysis of traveler flows, spending patterns, main destination markets and current and future opportunities for tourism businesses seeking to tap into the Canadian outbound travel market. This report is part of GlobalData's Source Market Insights Series. This report provides an in-depth analysis of traveler flows, spending patterns, main destination markets, as we......
$1495

Enterprise Tech Ecosystem Series: Banco Santander

Enterprise Tech Ecosystem Series: Banco Santander Summary Santander has collaborated with companies such as IBM and Cloudera that offer expertise in cloud, AI, big data, and blockchain. The aim is to improve the security of its internal operations and its customers, increase employee productivity, enhance user experiences, upgrade advisors, reduce operational expenditures, and optimize its solutions against potential risks. Banco Santander is supporting new companies that aim to develop AI, big data, analytics, and risk management solutions. It does so by joining existing accelerator programs and creating new ones independently or in partnership with other accelerators. Santander has mostly invested in companies that enable it to optimize operational procedures both internally and for ......
$1295

Tourism Source Market Insight: China – Analysis of tourist profiles & flows, spending patterns,destination markets, risks and future opportunities

Tourism Source Market Insight: China - Analysis of tourist profiles & flows, spending patterns,destination markets, risks and future opportunities Summary GlobalData's "Tourism Source Market Insight: China", report provides a detailed insight into China's domestic and outbound tourism market. The report looks at the profiles of Chinese tourists and summarizes the key reasons that they travel. The report offers an in-depth analysis of traveler flows, spending patterns, main destination markets and current and future opportunities for tourism businesses seeking to tap into the Chinese outbound travel market. This report is part of GlobalData's Source Market Insights Series. This report provides an in-depth analysis of traveler flows, spending patterns, main destination markets, as well as......
$1495

Strategic Market Intelligence: Insurance Industry in Tunisia – Key Trends and Opportunities to 2022

Strategic Market Intelligence: Insurance Industry in Tunisia - Key Trends and Opportunities to 2022 Summary GlobalData's "Strategic Market Intelligence: Insurance Industry in Tunisia - Key Trends and Opportunities to 2022", report provides a detailed outlook by product category for the Tunisian insurance industry, and a comparison of the Tunisian insurance with its regional counterparts. It provides values for key performance indicators such as written premium, paid claims, loss ratio, penetration, and density during the review period (2013-2017) and forecast period (2017-2022). The report also gives a comprehensive overview of the Tunisian economy and demographics, and provides detailed information on the competitive landscape in the country. The report brings together GlobalData's r......
$1450

Strategic Market Intelligence: Insurance Industry in Serbia – Key Trends and Opportunities to 2022

Strategic Market Intelligence: Insurance Industry in Serbia - Key Trends and Opportunities to 2022 Summary GlobalData's "Strategic Market Intelligence: Insurance Industry in Serbia - Key Trends and Opportunities to 2022", report provides a detailed outlook by product category for the Serbian insurance industry, and a comparison of the Serbian insurance with its regional counterparts. It provides values for key performance indicators such as written premium, paid claims, loss ratio, penetration, and density during the review period (2013-2017) and forecast period (2017-2022). The report also gives a comprehensive overview of the Serbian economy and demographics, and provides detailed information on the competitive landscape in the country. The report brings together GlobalData's resear......
$995

Future of the Vietnamese Defense Industry – Market Attractiveness, Competitive Landscape and Forecasts to 2024

Future of the Vietnamese Defense Industry - Market Attractiveness, Competitive Landscape and Forecasts to 2024 Summary "Future of the Vietnamese Defense Industry - Market Attractiveness, Competitive Landscape and Forecasts to 2024", published by GlobalData, provides readers with detailed analysis of both historic and forecast defense industry values, factors influencing demand, the challenges faced by industry participants, analysis of industry leading companies and key news. This report offers detailed analysis of the Vietnamese defense industry with market size forecasts covering the next five years. This report will also analyze factors that influence demand for the industry, key market trends, and challenges faced by industry participants. In particular, it provides an in-depth ana......
$1250

Construction in Nigeria: Key Trends and Opportunities to 2023

Construction in Nigeria: Key Trends and Opportunities to 2023 Summary The Nigerian construction industry recovered in 2017 and 2018, after registering a gloomy performance in 2016. The industry registered growth of 1% and 2.3% in real terms in 2017 and 2018 respectively. This was supported by improvements in economic conditions, an increase in oil revenues and the government's investment in the development of overall infrastructure projects across the country. In the 2016 and 2017 budgets, the government allocated NGN1.7 trillion (US$5.6 billion) towards capital infrastructure development. The industry is expected to expand over the forecast period (2019-2023), driven by the government's efforts to develop the country's housing and transport infrastructure. In January 2019, the governme......
$1495

Payments Landscape in Hungary: Opportunities and Risks to 2022

Payments Landscape in Hungary: Opportunities and Risks to 2022 Summary GlobalData's "Payments Landscape in Hungary: Opportunities and Risks to 2022", report provides detailed analysis of market trends in the Hungarian cards and payments industry. It provides values and volumes for a number of key performance indicators in the industry, including cash, cards, credit transfers, and direct debits during the review-period (2014-18e). The report also analyzes various payment card markets operating in the industry, and provides detailed information on the number of cards in circulation, transaction values and volumes during the review-period and over the forecast-period (2018e-22f). It also offers information on the country's competitive landscape, including the market shares of issuers and s......
$2750
We use cookies to deliver the best possible experience on our website.
By continuing to use this site, or closing this box, you consent to our use of cookies. To learn more, visit our Privacy Policy