Europe Toluene Market Size & Outlook, 2022-2030

The toluene market in Europe is expected to reach a projected revenue of US$ 12,331.4 million by 2030. A compound annual growth rate of 6.5% is expected of Europe toluene market from 2023 to 2030.
Revenue, 2022 (US$M)
$7,426.7
Forecast, 2030 (US$M)
$12,331.4
CAGR, 2023 - 2030
6.5%
Report Coverage
Europe

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Europe toluene market, 2018-2030 (US$M)

Europe toluene market, 2018-2030 (US$M)

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Europe toluene market highlights

  • The Europe toluene market generated a revenue of USD 7,426.7 million in 2022.
  • The market is expected to grow at a CAGR of 6.5% from 2023 to 2030.
  • In terms of segment, solvents was the largest revenue generating additives in 2022.
  • Solvents is the most lucrative additives segment registering the fastest growth during the forecast period.
  • Country-wise, France is expected to register the highest CAGR from 2023 to 2030.

Europe data book summary

Market revenue in 2022USD 7,426.7 million
Market revenue in 2030USD 12,331.4 million
Growth rate6.5% (CAGR from 2022 to 2030)
Largest segmentSolvents
Fastest growing segmentSolvents
Historical data covered2018 - 2021
Base year for estimation2022
Forecast period covered2023 - 2030
Quantitative unitsRevenue in USD million
Market segmentationSolvents, TDI
Key market players worldwideExxon Mobil Corp, SABIC, China Petroleum & Chemical Corp Class H, INEOS, Basf SE, Covestro AG, LyondellBasell Industries NV Class A, Shell PLC, Chevron Corp, Mitsubishi Chemical Group Corp

Other key industry trends

  • In terms of revenue, Europe region accounted for 12.4% of the global toluene market in 2022.
  • Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
  • Asia Pacific is the fastest growing regional market and is projected to reach USD 53,361.7 million by 2030.

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Toluene Market Scope

Toluene market segmentation & scope
Acrylonitrile
TDI
Acetic Acid
MTO/MTP
Butadiene rubber
Alkyl benzene
Gasoline
MTBE
Acrylic acid
ABS
Ethylene Oxide
EDC
Others
Polypropylene
Cyclohexane
Formaldehyde
Monomers
SB Rubber
Ethyl benzene
Polyethylene
Propylene oxide
Phenol/cumene
Nitrobenzene
Dimethyl Ether
Isopropanol
SB latex

Toluene Market Companies

Name Profile # Employees HQ Website
China Petroleum & Chemical Corp Class H View profile 368450 No. 22 Chaoyangmen North Street, Chaoyang District, Beijing, China, People's Republic of, 100728 http://www.sinopec.com
INEOS View profile 10001+ Rolle, Geneve, Switzerland, Europe http://www.ineos.com/
SABIC View profile 10001+ Riyadh, Ar Riyad, Saudi Arabia, Asia http://www.sabic.com
Mitsubishi Chemical Group Corp View profile 74632 1-1 Marunouchi 1-chome, Chiyoda-ku, Tokyo, Japan, 100-8251 https://www.mcgc.com
Shell PLC View profile 100000 Shell Centre, London, United Kingdom, SE1 7NA https://www.shell.com
Chevron Corp View profile 45600 6001 Bollinger Canyon Road, San Ramon, CA, United States, 94583-2324 https://www.chevron.com
Exxon Mobil Corp View profile 61500 22777 Springwoods Village Parkway, Spring, TX, United States, 77389-1425 https://www.exxonmobil.com
LyondellBasell Industries NV Class A View profile 20000 One Vine Street, 4th Floor, London, United Kingdom, W1J0AH https://www.lyondellbasell.com
Covestro AG View profile 17520 Kaiser-Wilhelm-Allee 60, Leverkusen, NW, Germany, 51373 https://www.covestro.com/en
Basf SE View profile 111855 Carl-Bosch-Strasse 38, Ludwigshafen am Rhein, Germany, 67056 https://www.basf.com

Europe toluene market outlook

The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to toluene market will help companies and investors design strategic landscapes.


Solvents was the largest segment with a revenue share of 29.49% in 2022. Horizon Databook has segmented the Europe toluene market based on solvents, tdi covering the revenue growth of each sub-segment from 2018 to 2030.


  • Europe Toluene Additives Outlook (Revenue, USD Million, 2018-2030)
    • Acrylonitrile
    • TDI
    • Acetic Acid
    • MTO/MTP
    • Butadiene rubber
    • Alkyl benzene
    • Gasoline
    • MTBE
    • Acrylic acid
    • ABS
    • Ethylene Oxide
    • EDC
    • Others
    • Polypropylene
    • Cyclohexane
    • Formaldehyde
    • Monomers
    • SB Rubber
    • Ethyl benzene
    • Polyethylene
    • Propylene oxide
    • Phenol/cumene
    • Nitrobenzene
    • Solvents
    • Dimethyl Ether
    • Isopropanol
    • SB latex

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Target buyers of Europe toluene market databook

  • Our clientele includes a mix of toluene market companies, investment firms, advisory firms & academic institutions.
  • 30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
  • Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of continent-level data and insights on the Europe toluene market , including forecasts for subscribers. This continent databook contains high-level insights into Europe toluene market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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Europe toluene market size, by country, 2018-2030 (US$M)

Europe Toluene Market Outlook Share, 2022 & 2030 (US$M)

Europe toluene market size, by country, 2018-2030 (US$M)

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