Frequently Asked Questions
The growth rate of the toluene market is 5.65% in the forecast by 2028.
The rise in the end-user base of toluene & the increase in the petrochemical or aromatics industry are the growth drivers of the toluene market.
Major companies in the toluene market are Exxon Mobil Corporation., China Petroleum & Chemical Corporation., Reliance Industries Limited, The Chemical Company, Mitsubishi Chemical Corporation, Pon Pure Chemicals, Brenntag Pte. Ltd., OCI Company Ltd., Dow, HELM AG, Valero Marketing and Supply Company, BASF SE, Indian Oil Corporation Ltd, Covestro AG, Solventis, Central Drug House., Benzo Chem Industries Pvt. Ltd., GNFC Limited, Yashdeep Chemicals (India) Pvt Ltd, Royal Dutch Shell plc, among other domestic and global players.
Derivative type, production process, and application are the factors on which toluene market research is based.
Asia-Pacific dominates the toluene market due to the rise in the economies.