Reports
Reports
Sale
The Europe toluene market is being aided by the global toluene market, which is expected to grow at a CAGR of 5.4% in the forecast period of 2024-2032 to attain a value of USD 47.17 billion by 2032.
Read more about this report - REQUEST FREE SAMPLE COPY IN PDF
The European Union is a major exporter of toluene to countries like the United States, African and Middle Eastern countries owing to the surplus supply. The European Union, however, is likely to become a net importer in the coming years due to the changing feedstock dynamics. In order to meet about 10% of its regional demand, the European Union significantly relies on imports from the United States and other regions.
The toluene market in Europe is majorly impacted by the growing demand for benzene, which is being aided by the growth of downstream application sectors like automobiles, construction, and personal care. The increasing demand for mixed xylene is also positively affecting the market demand for toluene. The European market is witnessing a positive demand from the gasoline blend segment. The application of toluene as an intermediate for other chemicals accounts for the majority of its use in the European Union.
Toluene, or toluol, is an aromatic hydrocarbon. It is a colourless, water-insoluble fluid with the smell of paint thinners. Its systematic IUPAC name is methylbenzene due to being a mono-substituted benzene derivative, which consists of a phenyl group with a group of attached CH3.
Read more about this report - REQUEST FREE SAMPLE COPY IN PDF
By technology, the market is segmented into:
Based on application, the industry is divided into:
The regional markets for toluene in Europe are Germany, the United Kingdom, France, and Italy.
Read more about this report - REQUEST FREE SAMPLE COPY IN PDF
The toluene market in Europe is majorly being driven by the rising demand for the product as a solvent. The rising demand for toluene is being aided by the demand for its conversion to benzene. The growing markets for products like paint thinners, nail polish removers, correction fluids, hair dyes, and glues is further aiding the growth of the toluene market in Europe.
The product is also widely used in the explosives industry, which is growing at a fast pace due to increased mining activities. The explosives industry is significantly growing, globally as well as in Europe. The use of toluene in the production of flammable and explosive compounds like TNT is providing a further impetus to the market growth. The regional industry is also being propelled by the rapidly growing textile industry, which uses toluene as a solvent.
The market for toluene is expected to be boosted by the rising economy of Europe in the coming years. The demand for toluene is further being boosted by the rising industrial sector in the region. The growing pharmaceuticals sector within the region is also expected to catalyse the market growth.
The report gives a detailed analysis of the following key players in the Europe toluene market, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:
The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis.
REPORT FEATURES | DETAILS |
Base Year | 2023 |
Historical Period | 2018-2023 |
Forecast Period | 2024-2032 |
Scope of the Report |
|
Breakup by Technology |
|
Breakup by Application |
|
Breakup by Region |
|
Market Dynamics |
|
Competitive Landscape |
|
Companies Covered |
|
Report Price and Purchase Option | Explore our purchase options that are best suited to your resources and industry needs. |
Delivery Format | Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option. |
*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Snapshot
6.1 Europe
7 Opportunities and Challenges in the Market
8 Global Toluene Market Overview
8.1 Key Industry Highlights
8.2 Global Toluene Historical Market (2018-2023)
8.3 Global Toluene Market Forecast (2024-2032)
8.4 Global Toluene Market by Application
8.5 Global Toluene Market by Region
8.5.1 North America
8.5.2 Europe
8.5.3 Asia Pacific
8.5.4 Latin America
8.5.5 Middle East and Africa
9 Europe Toluene Market Analysis
9.1 Key Industry Highlights
9.2 Europe Toluene Historical Market (2018-2023)
9.3 Europe Toluene Market Forecast (2024-2032)
9.4 Europe Toluene Market by Technology
9.4.1 Reformation Process
9.4.1.1 Historical Trend (2018-2023)
9.4.1.2 Forecast Trend (2024-2032)
9.4.2 Pygas Process
9.4.2.1 Historical Trend (2018-2023)
9.4.2.2 Forecast Trend (2024-2032)
9.4.3 Coke/Coal Process
9.4.3.1 Historical Trend (2018-2023)
9.4.3.2 Forecast Trend (2024-2032)
9.4.4 Styrene Process
9.4.4.1 Historical Trend (2018-2023)
9.4.4.2 Forecast Trend (2024-2032)
9.4.5 Others
9.5 Europe Toluene Market by Application
9.5.1 Gasoline
9.5.1.1 Historical Trend (2018-2023)
9.5.1.2 Forecast Trend (2024-2032)
9.5.2 STDP/TPX
9.5.2.1 Historical Trend (2018-2023)
9.5.2.2 Forecast Trend (2024-2032)
9.5.3 Solvents
9.5.3.1 Historical Trend (2018-2023)
9.5.3.2 Forecast Trend (2024-2032)
9.5.4 Trans Alkylation (TA)
9.5.4.1 Historical Trend (2018-2023)
9.5.4.2 Forecast Trend (2024-2032)
9.5.5 Hydrodealkylation
9.5.5.1 Historical Trend (2018-2023)
9.5.5.2 Forecast Trend (2024-2032)
9.5.6 Toluene Diisocyanate (TDI)
9.5.6.1 Historical Trend (2018-2023)
9.5.6.2 Forecast Trend (2024-2032)
9.5.7 Toluene Disproportionation (TDP)
9.5.7.1 Historical Trend (2018-2023)
9.5.7.2 Forecast Trend (2024-2032)
9.5.8 Others
9.6 Europe Toluene Market by Country
9.6.1 United Kingdom
9.6.2 Germany
9.6.3 France
9.6.4 Italy
9.6.5 Others
10 Regional Analysis
10.1 United Kingdom
10.1.1 Historical Trend (2018-2023)
10.1.2 Forecast Trend (2024-2032)
10.2 Germany
10.2.1 Historical Trend (2018-2023)
10.2.2 Forecast Trend (2024-2032)
10.3 France
10.3.1 Historical Trend (2018-2023)
10.3.2 Forecast Trend (2024-2032)
10.4 Italy
10.4.1 Historical Trend (2018-2023)
10.4.2 Forecast Trend (2024-2032)
11 Market Dynamics
11.1 SWOT Analysis
11.1.1 Strengths
11.1.2 Weaknesses
11.1.3 Opportunities
11.1.4 Threats
11.2 Porter’s Five Forces Analysis
11.2.1 Supplier’s Power
11.2.2 Buyer’s Power
11.2.3 Threat of New Entrants
11.2.4 Degree of Rivalry
11.2.5 Threat of Substitutes
11.3 Key Indicators for Demand
11.4 Key Indicators for Price
12 Value Chain Analysis
13 Trade Data Analysis (HS Code - 290230)
13.1 Major Importing Countries
13.1.1 By Volume
13.1.2 By Value
13.2 Major Exporting Countries
13.2.1 By Volume
13.2.2 By Value
14 Price Analysis
14.1 United Kingdom Historical Price Trends (2018-2023) and Forecast (2024-2032)
14.2 Germany Historical Price Trends (2018-2023) and Forecast (2024-2032)
14.3 France Historical Price Trends (2018-2023) and Forecast (2024-2032)
14.4 Italy Historical Price Trends (2018-2023) and Forecast (2024-2032)
15 Competitive Landscape
15.1 Market Structure
15.2 Company Profiles
15.2.1 Exxon Mobil Corporation
15.2.1.1 Company Overview
15.2.1.2 Product Portfolio
15.2.1.3 Demographic Reach and Achievements
15.2.1.4 Certifications
15.2.2 Covestro AG
15.2.2.1 Company Overview
15.2.2.2 Product Portfolio
15.2.2.3 Demographic Reach and Achievements
15.2.2.4 Certifications
15.2.3 TOTAL S.A.
15.2.3.1 Company Overview
15.2.3.2 Product Portfolio
15.2.3.3 Demographic Reach and Achievements
15.2.3.4 Certifications
15.2.4 BASF SE
15.2.4.1 Company Overview
15.2.4.2 Product Portfolio
15.2.4.3 Demographic Reach and Achievements
15.2.4.4 Certifications
15.2.5 Dow Chemical Company
15.2.5.1 Company Overview
15.2.5.2 Product Portfolio
15.2.5.3 Demographic Reach and Achievements
15.2.5.4 Certifications
15.2.6 Others
16 Key Trends and Developments in the Market
Additional Customisations Available
1 Manufacturing Process
1.1 Overview
1.2 Detailed Process Flow
1.3 Operations Involved
2 Project Requirements and Cost Analysis
2.1 Land, Location, and Site Development
2.2 Construction
2.3 Plant Machinery
2.4 Cost of Raw Materials
2.5 Packaging
2.6 Transportation
2.7 Utilities
2.8 Manpower
2.9 Other Capital Investments
List of Key Figures and Tables
1. Global Toluene Market: Key Industry Highlights, 2018 and 2032
2. Global Toluene Historical Market: Breakup by Region (USD Billion), 2018-2023
3. Global Toluene Market Forecast: Breakup by Region (USD Billion), 2024-2032
4. Europe Toluene Market: Key Industry Highlights, 2018 and 2032
5. Europe Toluene Historical Market: Breakup by Technology (USD Billion), 2018-2023
6. Europe Toluene Market Forecast: Breakup by Technology (USD Billion), 2024-2032
7. Europe Toluene Historical Market: Breakup by Application (USD Billion), 2018-2023
8. Europe Toluene Market Forecast: Breakup by Application (USD Billion), 2024-2032
9. Europe Toluene Historical Market: Breakup by Country (USD Billion), 2018-2023
10. Europe Toluene Market Forecast: Breakup by Country (USD Billion), 2024-2032
11. Europe Toluene Market Structure
The Europe toluene market is being aided by the global toluene market, which is expected to grow at a CAGR of 5.4% in the forecast period of 2024-2032.
The Europe toluene market is being aided by the global toluene market, which is expected to attain a value of USD 47.17 billion by 2032.
The major drivers of the market include the rising demand for benzene, the increasing use of mixed xylene, and the growing applications of toluene as a chemical intermediate.
The key trends guiding the market are the growing demand for benzene as a solvent, the rising use of benzene in the explosives sector, and the increasing economic growth of Europe.
The major countries in Europe market are Germany, France, the United Kingdom, and Italy, among others.
The various technologies of toluene considered in the market report are reformation process, pygas process, coke/coal process, and styrene process, among others.
The significant applications of toluene include gasoline, STDP/TPX, solvents, trans alkylation (TA), hydrodealkylation, toluene diisocyanate (TDI), and toluene disproportionation (TDP), among others.
The major players in the market are Exxon Mobil Corporation, Covestro AG, TOTAL S.A., BASF SE, and Dow Chemical Company, among others.
The Europe toluene market is driven by the rising demand for the product as a solvent. The Europe toluene market is being aided by the global toluene market, which is expected to grow at a CAGR of 5.4% in the forecast period of 2024-2032 to attain a value of USD 47.17 billion by 2032.
EMR's meticulous research methodology delves deep into the market, covering the macro and micro aspects of the industry. By technology, the market is segmented into reformation process, pygas process, coke/coal process, and styrene process, among others. The major applications in the market are gasoline, STDP/TPX, solvents, trans alkylation (TA), hydrodealkylation, toluene diisocyanate (TDI), and toluene disproportionation (TDP), among others. The major regional markets for the toluene market are Germany, France, the United Kingdom, and Italy, among others. The major players in the industry are Exxon Mobil Corporation, Covestro AG, TOTAL S.A., BASF SE, and Dow Chemical Company, among others.
EMR's research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable and help them remain ahead of their competition.
Mini Report
Single User License
Five User License
Corporate License
Any Question? Speak With An Analyst
View A Sample
Did You Miss Anything, Ask Now
Right People
We are technically excellent, strategic, practical, experienced and efficient; our analysts are hand-picked based on having the right attributes to work successfully and execute projects based on your expectations.
Right Methodology
We leverage our cutting-edge technology, our access to trusted databases, and our knowledge of the current models used in the market to deliver you research solutions that are tailored to your needs and put you ahead of the curve.
Right Price
We deliver in-depth and superior quality research in prices that are reasonable, unmatchable, and shows our understanding of your resource structure. We, additionally, offer attractive discounts on our upcoming reports.
Right Support
Our team of expert analysts are at your beck and call to deliver you optimum results that are customised to meet your precise needs within the specified timeframe and help you form a better understanding of the industry.