세계의 톨루엔 시장 규모는 2022년 약 3,700만 톤에서 예측 기간 동안 5.90%의 CAGR로 증가하여 2035년에는 7,700만 톤 규모에 이를 것으로 추정됩니다.
석유화학 산업에서 벤젠 고리를 가진 방향족에 대한 수요가 증가하면서 시장을 주도하고 있습니다. 톨루엔은 벤젠에 비해 독성이 훨씬 낮기 때문에 일부 응용 분야에서 벤젠을 대체할 수 있습니다. 또한 엘라스토머, 농약, 염료 제조 등 톨루엔의 다른 용도도 시장에 큰 기여를 하고 있습니다.
세계의 톨루엔(Toluene) 시장을 조사했으며, 플랜트 생산능력, 생산량, 수요량, 수출입량 추이·예측, 각종 구분·지역별 내역, 기업 점유율 등을 정리했습니다.
목차
The global Toluene market has expanded to reach approximately 37 million tonnes in 2022 and is likely to further grow at a healthy CAGR of 5.90% during the forecast period until 2035.
Toluene is a seven-carbon aromatic hydrocarbon that appears colourless. Industrially, Toluene can be produced via two methods. In the first method, it is extracted from the pyrolysis of gasoline, which in turn is produced from Naphtha cracking. In the second method, it is extracted from reformate, which is also produced from heavy Naphtha cracking. Toluene is primarily utilized in the synthesis of various chemical derivatives like Toluene Diisocyanate (TDI), Benzoic Acid, and others. It also serves as a solvent in various industries and as an industrial feedstock. Toluene can be directly used in disinfectants, thinners, paints, foams, cleaning agents, adhesives, fuel additives, etc. It also finds its applications in the transportation sector as an octane booster for gasoline.
The increasing demand for aromatics in the petrochemical industry is driving the market owing to the presence of a benzene ring in their chemical structure. However, with the toxicity of Toluene being much less in comparison to Benzene, it serves as a viable replacement for the latter in some applications. Other applications of toluene such as to produce elastomers, agrochemicals, and dyes, also significantly contribute to the market. As a common chemical intermediate, toluene diisocyanate is used to make polyurethane foams, elastomers, and coatings as well as paints, varnishes, wire enamels, sealants, adhesives, and binders. In the production of nylon polymers, it also functions as a cross-linking agent. The growth in the demand for TDI is anticipated to augment the toluene market expansion. Due to these reasons, the Toluene market is expected to reach 77 million tonnes in 2035.
Based on demand by region the Asia Pacific region is dominating the Toluene market. In 2022, Asia Pacific held a market share of approximately 48 percent. However, Europe stays the second largest consumer of the Toluene market followed by North America. The demand for toluene is majorly driven by rising downstream derivatives' uses in the construction, building, oil & gas, and automotive industries for insulation purposes in developing nations like China, Taiwan, India, Thailand, Japan, and South Korea. Additionally, China leads as being the key producer of Toluene all across the globe.
Based on the end-user industry, the global Toluene market is segregated into Xylene, Toluene Diisocyanate (TDI), Benzene, Paints, Coatings & Solvent, and Others. Among these, Paints, Coatings & Solvent is the leading industry with a market share of approximately 28% in 2022 and is likely to maintain its dominance in the forecast period.
Major players in the production of Global Toluene are Sinopec Group (China National Petroleum & Chemical Corporation), Hengli Petrochemical (Dalian) Refinery Co., Ltd., China National Offshore Oil Corporation (CNOOC Group Limited), Lotte Chemical Corp., GS Caltex, SK Global Corp. Ltd., PetroChina Company Limited, Jilin Petrochemical Company, Sinochem Corporation, Shandong Jingbo Petrochemicals Co., Ltd., Haishunde Petrochemical's, Zhuhai Changlian Petrochemical Limited Company, Reliance Industries Ltd., Bharat Petroleum Corp. Ltd., and Others.
Years considered for this report:
Historical Period: 2015- 2022
Base Year: 2022
Estimated Year: 2023
Forecast Period: 2024-2035
To extract data for Global Toluene market, primary research surveys were conducted with Toluene manufacturers, suppliers, distributors, wholesalers and Traders. While interviewing, the respondents were also inquired about their competitors. Through this technique, ChemAnalyst was able to include manufacturers that could not be identified due to the limitations of secondary research. Moreover, ChemAnalyst analyzed various segments and projected a positive outlook for Global Toluene market over the coming years.
ChemAnalyst calculated Toluene demand in the globe by analyzing the historical data and demand forecast which was carried out considering the raw materials to produce Toluene. ChemAnalyst sourced these values from industry experts and company representatives and externally validated through analyzing historical sales data of respective manufacturers to arrive at the overall market size. Various secondary sources such as company websites, association reports, annual reports, etc., were also studied by ChemAnalyst.
The study is useful in providing answers to several critical questions that are important for industry stakeholders such as Toluene s manufacturers, customers and policy makers. The study would also help them to target the growing segments over the coming years (next two to five years), thereby aiding the stakeholders in taking investment decisions and facilitating their expansion.
In this report, Global Toluene market has been segmented into following categories, in addition to the industry trends which have also been detailed below:
With the given market data, ChemAnalyst offers customizations according to a company's specific needs.
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