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India Toluene (Comprehensive Techno-Commercial) Market Study, 2013-2030 - Toluene Demand in India is Projected to Cross 923 Thousand Tonnes by 2030 - ResearchAndMarkets.com

November 4, 2019 GMT

DUBLIN--(BUSINESS WIRE)--Nov 4, 2019--

The “India Toluene (Comprehensive Techno-Commercial) Market Study, 2013 - 2030” report has been added to ResearchAndMarkets.com’s offering.

The Toluene demand in India is projected to cross 923 thousand tonnes by 2030 growing at a healthy CAGR, on account of increasing consumption in the manufacturing of Benzene and Xylene for its use in production of plastics, fibers, dyes, detergents and drugs etc.

Toluene has the capability to dissolve several organic compounds and hence it is gaining popularity as solvent in paints, lacquers, thinners, glues, correction fluid and nail polish remover. Toluene being a major by - product in the manufacturing process of Styrene, has applications in the production of Toluene diisocynate for further manufacturing of Polyurethane which is further used in the manufacturing of foams for furniture, seats etc.

Toluene is also used in manufacture of Trinitrotoluene (TNT) which is used in small quantities for making explosives. With the increasing demand of cleaner and better fuels for automobiles, Toluene is used as an ingredient to produce better quality fuel by using it in the blending of petrol.

Currently, Reliance Industries, Indian Oil Corporation Limited and Bharat Petroleum Corporation Limited are three major Toluene manufacturers in India. India is also dependent on countries such as Singapore, Thailand, United Arab Emirates etc. for the import of Toluene; thus, with the increasing demand of Toluene in the domestic market and no expansion plans by major manufacturing industries in India, import of Toluene is expected to increase in the coming years.

Major players operating in the Indian Toluene Market include Reliance Industries, Indian Oil Corporation Limited, Bharat Petroleum Corporation Limited, Shell Global, ExxonMobil, Mitsui Chemicals, Sinopec Corporation, and SK Global Chemical Corporation Limited, among others.

Years Considered

Objective of the Study

Key Topics Covered

1. Product & Technology Overview

2. India Toluene Outlook, 2013-2030

2.1. Capacity, By Volume

2.1.1. By Company

2.1.2. By Location

2.2. Production

2.2.1. By Company

2.3. Operating Efficiency

2.3.1. By Company

3. India Toluene Demand-Supply Scenario, 2013-2030, By Volume

3.1. Demand

3.2. Supply

3.3. Gap

3.4. Inventory

4. India Toluene Demand Outlook, 2013-2030, By Volume

4.1. By End-use

4.2. By Type

4.3. By Sales Channel

4.4. By Region

4.5. By Company

5. Pricing

5.1. Daily

5.2. Monthly (Historical & Forecast)

5.3. Quarterly (Historical & Forecast)

5.4. Yearly (Historical & Forecast)

6. Trade Dynamics, 2013-2019

6.1. Top Exporting Countries (Value & Volume)

6.2. Top Importing Countries (Value & Volume)

7. List of Major Consumers

7.1. Location-Wise Monthly Consumption

8. Competitive Landscape

8.1.1. Company Profiles Basic Details Financials Segmental/Product Information Expansion Plans SWOT Analysis Key Strategy

9. Top News / Deals

For more information about this report visit https://www.researchandmarkets.com/r/9z3tcs

View source version on businesswire.com:https://www.businesswire.com/news/home/20191104005523/en/

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SOURCE: Research and Markets

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PUB: 11/04/2019 09:07 AM/DISC: 11/04/2019 09:07 AM