Global Toluene Market share and Industry Forecasts 2017-2024: Key Players are CNPC, Exxon Mobil, Corvestro, BP, Braskem & Royal Butch Shell - ResearchAndMarkets.com
May. 16, 2018
DUBLIN--(BUSINESS WIRE)--May 16, 2018--The "Global Toluene Market - Market share and Industry Forecast to 2024" report has been added to ResearchAndMarkets.com's offering. Global toluene market is expected to grow at a CAGR of 6.1% during forecast period 2017-2024.
Growing end-user industries of toluene, petrochemical market in emerging countries, rising building & construction activities, aromatic compounds extraction from shale oil and expanding agrochemical industries are the main drivers of global toluene market. Limitation with toluene resources, discovery of shale gas, environmental impact, health and safety issues with toluene, stringent government regulations and fluctuating oil & gas prices are the some of the factors expected to adversely affect the market. Geographically, global toluene market is divided into North America, Europe, Asia Pacific and rest of world. North America dominated the market in 2017 in terms of revenue followed by Europe and Asia Pacific. USA dominates North American toluene market followed by Canada.
Favourable regulatory environment, rising demand from automotive industry, growing building & construction sector, large pool of manufacturing companies are some of the major factors promoting the growth of toluene market in North America during forecast period.
Asia Pacific is the fastest growing toluene market during forecast period 2017-2024. India, China, Japan, Australia, Singapore and Malaysia are the leading markets for toluene in Asia Pacific.
Other lucrative investment destinations for toluene market include South Africa, Saudi Arabia, Egypt, UAE, Qatar, Israel, Jordan and Nigeria. The key players of global toluene market across the world includes China National Petroleum Corporation (China), Exxon Mobil Corporation. (U.S.), Corvestro AG. (Germany), BP Plc (U.K.), Braskem SA (Brazil), Royal Butch Shell Plc. (Netherlands) and others.
Key Topics Covered:
1. Introduction 2. Market Overview 3. Market Determinants 4. Global Toluene Market By Type 5. Global Toluene Market By Application 6. Competitive Landscape 7. Geographic Analysis 8. Company ProfilesBASF SE BP Plc Braskem SA Chevron Philips Chemical Company Llc China National Petroleum Corporation Corvestro AG Exxon Mobil Corporation Formosa Chemical & Fibre Corporation GS Caltex Corporation Indian Oil Corporation Ltd. Mitsubishi Chemical Corporation Nova Chemical Corporation Royal Dutch Shell Plc SK Innovation Co. Ltd. The Dow Chemical Company
For more information about this report visit https://www.researchandmarkets.com/research/fkl4fl/global_toluene?w=4
View source version on businesswire.com:https://www.businesswire.com/news/home/20180516005678/en/
Laura Wood, Senior Manager
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
Related Topics:Petrochemicals ,Solvents ,Fuel Additives
INDUSTRY KEYWORD: ENERGY OIL/GAS MANUFACTURING CHEMICALS/PLASTICS
SOURCE: Research and Markets
Copyright Business Wire 2018.
PUB: 05/16/2018 07:51 AM/DISC: 05/16/2018 07:51 AM