Toluene Global Market Report 2023 – Market Size, Trends, And Market Forecast 2023-2032 | Exxon Mobil Corporation, Sinopec, Royal Dutch Shell PLC., Reliance Industries, BASF SE


The Business Research Company’s Toluene Global Market Report 2023 is the most detailed report available on the market, including broad forecast periods and multiple geographies. The report covers the historic period – 2010-2021, and the forecast period – 2023-2032. The Toluene Global Market Report 2023 evaluates toluene market size, growth rate, drivers, trends, and major companies.

The report provides a global perspective by covering 60 geographies and focusing on major economies in each region – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

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The global toluene market size will grow from $29.24 billion in 2022 to $29.89 billion in 2023 at a compound annual growth rate (CAGR) of 2.2%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global toluene market size is expected to grow from $32.81 billion in 2027 at a CAGR of 2.4%.

The toluene market segments in the report are:

1) By Type: Benzene and Xylene, Solvents, Gasoline Additives, TDI (Toluene diisocyanate), Trinitrotoluene, Benzoic acid, Benzaldehyde

2) By Production Process: Reformation Process, Pigs Process, Coke/Coal Process, Styrene Process

3) By Application: Drugs, Dyes, Blending, Cosmetic Nail Products, Other Applications (TNT, Pesticides, and Fertilizers)

4) By End User Industry: Building and Construction, Automotive, Oil and Gas, Consumer Appliances 

Top Key Players

Exxon Mobil Corporation
Reliance Industries
Valero Energy

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The table of contents in TBRC’s toluene market report includes:

  1. Executive Summary
  2. Market Characteristics
  3. Market Trends And Strategies
  4. Impact Of COVID-19
  5. Market Size And Growth
  6. Segmentation
  7. Regional And Country Analysis


  1. Competitive Landscape And Company Profiles
  2. Key Mergers And Acquisitions
  3. Future Outlook and Potential Analysis

List Of Tables

Table 1: Global Historic Market Growth, 2017-2022, $ Billion
Table 2: Global Forecast Market Growth, 2022-2027F, 2032F, $ Billion
Table 3: Global Toluene Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
Table 4: Global Toluene Market, Segmentation By Production Process, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
Table 5: Global Toluene Market, Segmentation By End User Industry, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion


Table 47: Exxon Mobil Corporation Financial Performance
Table 48: Sinopec Financial Performance
Table 49: Royal Dutch Shell PLC Financial Performance
Table 50: Reliance Industries Financial Performance
Table 51: BASF SE Financial Performance

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