Procurement Resource Evaluates the Price Trends of Toluene in its Latest Insights and Dashboard
Price Trends of Toluene in its Latest Insights and Dashboard
Procurement Resource does an in-depth analysis of the market trend to bring forth the monthly, quarterly, half-yearly, and yearly information on the Toluene price in its latest pricing dashboard. The detailed assessment deeply explores the facts about the product, price change over the weeks, months, and years, key players, industrial uses, and drivers propelling the market and price trends. Each price record is linked to an easy-to-use graphing device dated back to 2014, which offers a series of functionalities; Customisation of price currencies and units and downloading of price information as excel files that can be used offline. The pricing database and analysis of Toluene can prove valuable for the procurement managers, directors, and decision-makers to build up their strongly backed up strategic insights to attain progress and profitability in the business.
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Product Description:
Toluene is a colorless, transparent liquid with a distinctive aromatic odour. The flashpoint is 40 degrees Fahrenheit. Water-insoluble and less dense than water (7.2 lb/gal). As a result, it floats on water. Vapours are denser than air. Inhalation, ingestion, or skin contact may be harmful.
Regions Covered to Evaluate Toluene Price Trend:
- North America
- South America
- Europe
- The Asia Pacific
- The Middle East
- Africa
Industrial Uses Impacting Toluene Price Trend:
Because it may help dry, dissolve, and thin other substances, toluene is commonly employed in the creation of paints, rubber, lacquers, glues, and adhesives. It is utilised in the synthesis of trinitrotoluene (TNT), benzoic acid, benzoyl chloride, toluene diisocyanate, and other compounds such as benzene, nylon, polymers, and polyurethane. Because it tends to dissolve other chemicals like resins and plasticizers, toluene has been utilised in nail polish removers. It is also been utilised in the composition of nail products to make it easier to apply nail paints, hardeners, and lacquers.
Key Market Players:
- Shell Chemicals
- Reliance Industries Limited
- China National Petroleum Corporation
- Exxon Mobil Corporation
- Valero Marketing and Supply Company
News and Events:
- INEOS completes the acquisition of BP’s global Aromatics & Acetyls division in January 2021. The deal includes 15 locations (5 in the Americas, 2 in Europe, and 8 in Asia) as well as ten prominent joint ventures around the world.
About Us:
Procurement Resource is Claight’s subscription-based SaaS platform providing in-depth research on product pricing and market insights for more than 500 chemicals, commodities, and utilities updated daily, weekly, monthly, and annually. It is a cost-effective, one-stop solution for all your market research requirements, irrespective of which part of the value chain you represent. We have a team of highly experienced analysts who perform comprehensive research to deliver our clients the newest and up-to-date market reports, cost models, price analysis, benchmarking, and category insights, which help in streamlining the procurement process for our clientele. Our team track the prices and production costs of a wide variety of goods and commodities, hence, providing you with the latest and consistent data. To get real-time facts and insights to help our customers, we work with a varied range of procurement teams across industries. At Procurement Resource, we support our clients, with up-to-date and pioneering practices in the industry, to understand procurement methods, supply chain, and industry trends, so that they can build strategies to achieve maximum growth.
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