Toluene Market Dynamics: Opportunities and Challenges Ahead
Toluene is produced primarily as a by-product of petroleum refining and catalytic reforming. Global production is concentrated in regions with strong petrochemical and refining industries, including North America, the Middle East, Europe, and Asia-Pacific. In 2023, global toluene production was estimated at over 30 million metric tons, with continuous growth expected due to rising...
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