An aromatic hydrocarbon having the characteristic smell of paint thinners, toluene has the molecular formula of C7H8. It is highly flammable, insoluble in water. The boiling point of toluene equals 111 °C. Used as a raw material in a slew of industries, it serves as utilized in the manufacture of benzene, xylene, explosives, polymers, nylon, cosmetics, jet fuel blends, inks and dyes, among others.
The economic slump in 2008-2009 adversely impacted the worldwide demand for toluene, with the largest consumption decrease seen in Western Europe. Since 2010, the purchasing interest in toluene registered regular growth in most regions. It is forecast to grow by another 5 percent annually in the forthcoming years.
The research reports offered in this Catalogue provide analyses of the toluene market. The reports include relevant data on the market size, share, price trends, and production volumes. Market forecast covering toluene capacity, market share, import and export ratios as well as demand and supply dynamics are available in the researches. Besides, the studies profile key market participants and analyze the competitive environment.
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