Toluene Market
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<strong>Toluene</strong> <strong>Market</strong><br />
Zion Research has published a new report titled “<strong>Toluene</strong> <strong>Market</strong> by Type (Benzyl<br />
Chloride, Trinitrotoluene (TNT), Benzaldehyde, <strong>Toluene</strong> Diisocyanate (TDI), Benzoic Acid<br />
and Other) for Industrial Solvent, Production of Explosives, Production of Benzene,<br />
Gasoline Additive and Other application: Global Industry Perspective, Comprehensive<br />
Analysis and Forecast, 2015 – 2021.” According to the report, global demand for toluene<br />
was valued at over USD 25.1 billion in 2015, is expected to reach above USD 31.8 billion in<br />
2021 and is anticipated to grow at a CAGR of slightly above 4.0% between 2016 and 2021.<br />
<strong>Toluene</strong> is inflammable, clear liquid with volatile nature aromatic hydrocarbon. <strong>Toluene</strong> is<br />
present naturally in tolu tree and crude oils. <strong>Toluene</strong>’s identification number is CAS#108-88-<br />
3 and UN#1294 is United Nations Department of Transportation’s number for toluene.<br />
<strong>Toluene</strong> is obtained in the process of coke production and from fuels. <strong>Toluene</strong> is utilized in<br />
nail paints, adhesives, printing and leather tanning process, lacquers.<br />
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