Global Toluene Market Size & Outlook, 2022-2030
The toluene industry worldwide is expected to reach a projected revenue of US$ 105,268.6 million by 2030. A compound annual growth rate of 7.3% is expected of the worldwide toluene industry from 2023 to 2030.
Revenue, 2022 (US$M)
$59,843.6
Forecast, 2030 (US$M)
$105,268.6
CAGR, 2023 - 2030
7.3%
Report Coverage
Worldwide
Global toluene market, 2018-2030 (US$M)
Related Markets
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Global toluene market highlights
- The global toluene market generated a revenue of USD 59,843.6 million in 2022 and is expected to reach USD 105,268.6 million by 2030.
- The market is expected to grow at a CAGR (2023 - 2030) of 7.3% by 2030.
- In terms of segment, solvents accounted for a revenue of USD 17,880.3 million in 2022.
- Solvents is the most lucrative additives segment registering the fastest growth during the forecast period.
- In terms of region, Asia Pacific was the largest revenue generating market in 2022.
- Country-wise, Brazil is expected to register the highest CAGR from 2023 to 2030.
Global data book summary
| Market revenue in 2022 | USD 59,843.6 million |
| Market revenue in 2030 | USD 105,268.6 million |
| Growth rate | 7.3% (CAGR from 2022 to 2030) |
| Largest segment | Solvents |
| Fastest growing segment | Solvents |
| Historical data covered | 2018 - 2021 |
| Base year for estimation | 2022 |
| Forecast period covered | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Solvents, TDI |
Other key industry trends
- In terms of revenue, the North America accounted for 29.8% of the global toluene market in 2022.
- By country, the U.S. is projected to lead the global market in terms of revenue in 2030.
- By country, Brazil is the fastest growing regional market and is projected to reach USD 2,240.5 million by 2030.
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Toluene Market Scope
Toluene market segmentation & scope
Polyethylene
Polypropylene
Propylene oxide
Acrylonitrile
Phenol/cumene
Cyclohexane
Nitrobenzene
Alkyl benzene
Solvents
TDI
Formaldehyde
Gasoline
Acetic Acid
MTBE
Dimethyl Ether
MTO/MTP
Monomers
Acrylic acid
Isopropanol
SB Rubber
Butadiene rubber
ABS
SB latex
Ethylene Oxide
EDC
Ethyl benzene
Others
Regions
Latin America
Europe
North America
Middle East & Africa
Asia Pacific
Countries
Canada
Mexico
U.S.
Germany
Italy
UK
France
Belgium
Netherlands
Russia
Australia
China
India
Japan
New Zealand
Indonesia
Malaysia
Vietnam
Argentina
Colombia
Brazil
Peru
Saudi Arabia
Iran
Oman
UAE
Qatar
Kuwait
South Africa
Angola
Nigeria
Toluene Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Global toluene market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to toluene market will help companies and investors design strategic landscapes.
Solvents was the largest segment with a revenue share of 29.88% in 2022. Horizon Databook has segmented the Global toluene market based on solvents, tdi covering the revenue growth of each sub-segment from 2018 to 2030.
- Global Toluene Additives Outlook (Revenue, USD Million, 2018-2030)
- Polyethylene
- Polypropylene
- Propylene oxide
- Acrylonitrile
- Phenol/cumene
- Cyclohexane
- Nitrobenzene
- Alkyl benzene
- Solvents
- TDI
- Formaldehyde
- Gasoline
- Acetic Acid
- MTBE
- Dimethyl Ether
- MTO/MTP
- Monomers
- Acrylic acid
- Isopropanol
- SB Rubber
- Butadiene rubber
- ABS
- SB latex
- Ethylene Oxide
- EDC
- Ethyl benzene
- Others
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Target buyers of Global toluene market databook
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Our clientele includes a mix of toluene market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of global-level data and insights on the Global toluene market , including forecasts for subscribers. This global databook contains high-level insights into Global toluene market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
Global toluene market size, by region, 2018-2030 (US$M)
Top 10 countries: Toluene market size, 2022 (US$M)
Global toluene market share, by additives, 2022 & 2030 (%, US$M)
Toluene Market: Opportunity Assessment By Country
Global toluene market, by region, 2022 (US$M)
Related regional statistics
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