2025 Global Toluene (CAS 108-88-3) Market Intelligence Report: Trends, Value Chain & Forecast

Global Toluene (CAS 108-88-3) Market continues to exhibit steady growth, with its valuation reaching USD 24.5 billion in 2023. According to the latest industry analysis, the market is projected to expand at a CAGR of 5.3%, reaching approximately USD 38.7 billion by 2032. Growth is primarily driven by increasing demand from the petrochemical industry, where toluene serves as a crucial feedstock for benzene and xylene production, alongside its extensive applications in paints, coatings, and adhesives.

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