Market Forecast by Countries (Germany, United Kingdom, France, Italy, Russia, Spain, Rest of Europe), By Derivation Type (Benzene & Xylene, Toluene Diisocyanates, Solvents, Gasoline Additives, Others), By Production Process (Reformate Process, Pygas Process, Coke/Coal Process, Styrene Process), By Application (Drugs, Dyes, Blending, Cosmetic Nail Products, Others) And Competitive Landscape
Product Code: ETC078520 | Publication Date: Aug 2021 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 200 | No. of Figures: 90 | No. of Tables: 30 |
Europe Toluene Market is primarily driven by the rising demand for the product as a solvent. These solvents are primarily used in the conversion of benzene. On the outbreak of COVID-19 Europe faced a huge impact there was no internal trade, delivery trucks increased their price. The distribution market turn it demand to the for other products, such as isopropanol (IPA) and ethanol due to rising demand for hand sanitizer. Other countries also restricted it exports to Europe region. Exports of toluene from Europe Market to India was impacted in year 2020. Because India imposed the 15pc Covid-19 tax to protect its domestic industry on some petrochemical imports that includes toluene. According to the European Union, toluene is declared as harmonised classification and labelling (CLP00). Under the REACH Regulation toluene as manufacturing or imports to the Europe must be less than or equal to 1000000 tonnes per annum.
According to 6Wresearch, Europe Toluene Market size is anticipated to register growth during 2021-2027. Germany has the largest market followed by Italy, Belgium, the U.K. Germany is the fastest-growing market for toluene in Europe. Benzene and Xylene is major segment dominates the market in this region. Germany was the largest automobile manufacturing country in Europe which use lubricants and greases, polishes and waxes which are made from toluene. Toluene is largely used in the explosives industry. Due to increase of mining activities the explosives industry is significantly growing. The use of toluene in the production of explosive and flammable compounds like TNT is providing a further pushes the market growth.
The rapidly growing textile industry, which uses toluene as a solvent also drives the Toluene Market. The products which are made from toluene like paint thinners, nail polish removers, correction fluids, hair dyes, and glues has the growing market in Europe. These products also increase the growth of the Toluene Market in Europe. Some of the key players dominating the market include Exxon Mobil Corporation, Covestro AG, TOTAL S.A, BASF SE and Dow Chemical Company. BASF company installs it new toluene plant which increases the internal trade for toluene in Europe. The demand of toluene for the skin-care product which is the developing market in Europe also drives the Toluene Market. The growing pharmaceuticals sector within the region is also expected to catalyse the market growth.
Europe Toluene Market report thoroughly covers the market by product type, distribution channels, and countries including United Kingdom, France, Germany, Italy, among other key countries. Europe Toluene Market outlook report provides an unbiased and detailed analysis of the on-going Europe Toluene Market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.
Markets Covered
The market report covers the following market segments
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Europe Toluene Market Overview |
3.1 Europe Regional Macro Economic Indicators |
3.2 Europe Toluene Market Revenues & Volume, 2020 & 2027F |
3.3 Europe Toluene Market - Industry Life Cycle |
3.4 Europe Toluene Market - Porter's Five Forces |
3.5 Europe Toluene Market Revenues & Volume Share, By Countries, 2020 & 2027F |
3.6 Europe Toluene Market Revenues & Volume Share, By Derivation Type, 2020 & 2027F |
3.7 Europe Toluene Market Revenues & Volume Share, By Production Process, 2020 & 2027F |
3.8 Europe Toluene Market Revenues & Volume Share, By Application, 2020 & 2027F |
4 Europe Toluene Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Europe Toluene Market Trends |
6 Europe Toluene Market, 2017 - 2027 |
6.1 Europe Toluene Market, Revenues & Volume, By Derivation Type, 2017 - 2027 |
6.2 Europe Toluene Market, Revenues & Volume, By Production Process, 2017 - 2027 |
6.3 Europe Toluene Market, Revenues & Volume, By Application, 2017 - 2027 |
7 Germany Toluene Market, 2017 - 2027 |
7.1 Germany Toluene Market, Revenues & Volume, By Derivation Type, 2017 - 2027 |
7.2 Germany Toluene Market, Revenues & Volume, By Production Process, 2017 - 2027 |
7.3 Germany Toluene Market, Revenues & Volume, By Application, 2017 - 2027 |
8 United Kingdom Toluene Market, 2017 - 2027 |
8.1 United Kingdom Toluene Market, Revenues & Volume, By Derivation Type, 2017 - 2027 |
8.2 United Kingdom Toluene Market, Revenues & Volume, By Production Process, 2017 - 2027 |
8.3 United Kingdom Toluene Market, Revenues & Volume, By Application, 2017 - 2027 |
9 France Toluene Market, 2017 - 2027 |
9.1 France Toluene Market, Revenues & Volume, By Derivation Type, 2017 - 2027 |
9.2 France Toluene Market, Revenues & Volume, By Production Process, 2017 - 2027 |
9.3 France Toluene Market, Revenues & Volume, By Application, 2017 - 2027 |
10 Italy Toluene Market, 2017 - 2027 |
10.1 Italy Toluene Market, Revenues & Volume, By Derivation Type, 2017 - 2027 |
10.2 Italy Toluene Market, Revenues & Volume, By Production Process, 2017 - 2027 |
10.3 Italy Toluene Market, Revenues & Volume, By Application, 2017 - 2027 |
11 Russia Toluene Market, 2017 - 2027 |
11.1 Russia Toluene Market, Revenues & Volume, By Derivation Type, 2017 - 2027 |
11.2 Russia Toluene Market, Revenues & Volume, By Production Process, 2017 - 2027 |
11.3 Russia Toluene Market, Revenues & Volume, By Application, 2017 - 2027 |
12 Spain Toluene Market, 2017 - 2027 |
12.1 Spain Toluene Market, Revenues & Volume, By Derivation Type, 2017 - 2027 |
12.2 Spain Toluene Market, Revenues & Volume, By Production Process, 2017 - 2027 |
12.3 Spain Toluene Market, Revenues & Volume, By Application, 2017 - 2027 |
13 Rest of Europe Toluene Market, 2017 - 2027 |
13.1 Rest of Europe Toluene Market, Revenues & Volume, By Derivation Type, 2017 - 2027 |
13.2 Rest of Europe Toluene Market, Revenues & Volume, By Production Process, 2017 - 2027 |
13.3 Rest of Europe Toluene Market, Revenues & Volume, By Application, 2017 - 2027 |
14 Europe Toluene Market Key Performance Indicators |
15 Europe Toluene Market - Opportunity Assessment |
15.1 Europe Toluene Market Opportunity Assessment, By Countries, 2020 & 2027F |
15.2 Europe Toluene Market Opportunity Assessment, By Derivation Type, 2020 & 2027F |
15.3 Europe Toluene Market Opportunity Assessment, By Production Process, 2020 & 2027F |
15.4 Europe Toluene Market Opportunity Assessment, By Application, 2020 & 2027F |
16 Europe Toluene Market - Competitive Landscape |
16.1 Europe Toluene Market Revenue Share, By Companies, 2020 |
16.2 Europe Toluene Market Competitive Benchmarking, By Operating and Technical Parameters |
17 Company Profiles |
18 Recommendations |
19 Disclaimer |