Toluene Market, Global Outlook and Forecast 2023-2029

Toluene is a colorless, liquid, and water-insoluble. It is a mono-substituted compound, consisting of a CH3 group that is attached to a phenyl group. Toluene, also known as methylbenzene, phenylmethane and toluol, is produced primarily by reforming naphtha during the production of gasoline.
This report aims to provide a comprehensive presentation of the global market for Toluene, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Toluene. This report contains market size and forecasts of Toluene in global, including the following market information:
Global Toluene Market Revenue, 2018-2023, 2024-2029, ($ millions)
Global Toluene Market Sales, 2018-2023, 2024-2029, (MT)
Global top five Toluene companies in 2022 (%)
The global Toluene market was valued at US$ 19670 million in 2022 and is projected to reach US$ 24080 million by 2029, at a CAGR of 2.9% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
The U.S. Market is Estimated at $ Million in 2022, While China is Forecast to Reach $ Million.
Benzene & Xylene Segment to Reach $ Million by 2029, with a % CAGR in next six years.
The global key manufacturers of Toluene include ExxonMobil, Covestro, SINOPEC, BASF, Shell, Formosa Chemicals & Fibre, Indian Oil, Dow and TOTAL, etc. in 2022, the global top five players have a share approximately % in terms of revenue.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Toluene manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Toluene Market, by Type, 2018-2023, 2024-2029 ($ Millions) & (MT)
Global Toluene Market Segment Percentages, by Type, 2022 (%)
    Benzene & Xylene
    Toluene Diisocyanates
    Solvents
    Gasoline Additives
    Others
Global Toluene Market, by Application, 2018-2023, 2024-2029 ($ Millions) & (MT)
Global Toluene Market Segment Percentages, by Application, 2022 (%)
    Oil & Gas
    Building & Construction
    Automotive
    Healthcare
    Packaging
    Others
Global Toluene Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions) & (MT)
Global Toluene Market Segment Percentages, By Region and Country, 2022 (%)
    North America
        US
        Canada
        Mexico
    Europe
        Germany
        France
        U.K.
        Italy
        Russia
        Nordic Countries
        Benelux
        Rest of Europe
    Asia
        China
        Japan
        South Korea
        Southeast Asia
        India
        Rest of Asia
    South America
        Brazil
        Argentina
        Rest of South America
    Middle East & Africa
        Turkey
        Israel
        Saudi Arabia
        UAE
        Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Toluene revenues in global market, 2018-2023 (Estimated), ($ millions)
Key companies Toluene revenues share in global market, 2022 (%)
Key companies Toluene sales in global market, 2018-2023 (Estimated), (MT)
Key companies Toluene sales share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
    ExxonMobil
    Covestro
    SINOPEC
    BASF
    Shell
    Formosa Chemicals & Fibre
    Indian Oil
    Dow
    TOTAL
Outline of Major Chapters:
Chapter 1: Introduces the definition of Toluene, market overview.
Chapter 2: Global Toluene market size in revenue and volume.
Chapter 3: Detailed analysis of Toluene manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Toluene in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Global Toluene capacity by region & country.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 11: The main points and conclusions of the report.