Toluene market market 2017-2021_ toluene market projected to reach usd 23.41 billion by 2021 – econotimes

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Dublin, Jan. Gender quiz lgbt 23, 2017 — Research and Markets has announced the addition of the “Toluene Market – Global Forecast to 2021” report to their offering. Used book stores The toluene market is projected to reach USD 23.41 billion by 2021 at a CAGR of 6.3%

The growing end-user base of toluene in end-use industries such as, automotive, building & construction, and oil & gas is expected to lead to the high growth of the toluene market. Binary number translator In addition, the growing petrochemical industry in the Asia-Pacific region also is further expected to drive the toluene market. Cnn futures markets The major restraints in the toluene market are the limitations in sourcing toluene, the increasing demand for diesel as against gasoline, and the discovery of shale gas. Video editor linux mint Benzene and xylene are projected to lead the toluene market during the forecast period, both, in terms of value and volume.


Usd to aud exchange rate The most common derivatives of benzene and xylene are, Polyethylene Terephthalate (PET), Polystyrene (PS), and cumene, among others. Html to word converter The growing applications of PET and PS are expected to support the benzene and xylene markets, which in turn is expected to drive the toluene market. Machine learning artificial intelligence North America is the fastest growing market for toluene. Rm to usd Growth in the North American market is led by the rising demand from the automotive, building & construction, industrial, and gasoline consumption, due to the increasing quality & performance standards of the end-products in which toluene is used as a solvent or additive. Usd to inr today These factors along with the discovery of shale oil is also driving the toluene market. Binary arithmetic operations Market Dynamics

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