Toluene Market

Toluene Market
Browse the full “Toluene Market by Type (Benzyl Chloride, Trinitrotoluene (TNT),
Benzaldehyde, Toluene Diisocyanate (TDI), Benzoic Acid and Other) for Industrial
Solvent, Production of Explosives, Production of Benzene, Gasoline Additive and
Other application: Global Industry Perspective, Comprehensive Analysis, Size, Share,
Growth, Segment, Trends and Forecast, 2015 – 2021” report
at http://www.marketresearchstore.com/report/toluene-market-z58411
Out of the total consumption of toluene, 60% is utilized in production of benzene and xylene.
The market for benzene and xylene is growing with 5% of CAGR. This factor is anticipated
to provide an impetus to the toluene market. Toluene market is directly depends on the
growth of benzene and xylene market. Yet, volatile prices of fossil oils and introduction of
new aromatic products may limit the growth of the market. The ill effects caused due to
inhalation of toluene also hamper the growth of toluene market. Even so, host of
applications across wide range of end users is likely to open new market avenues in the
near future.
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