Vinyl Toluene Market SWOT Analysis Of Top Key Player Forecasts Vinyl Toluene Market - Global Industry Analysis, S | Page 2

increase the demand for more residential and commercial construction. This
increase in construction activities is further expected to augment the demand for
vinyl toluene in the near future.
The key market segments for vinyl toluene include North America, Europe, Asia
Pacific and Rest of the World. The demand for vinyl toluene was the highest in Asia
Pacific, followed by North America and Europe. The markets such as North America
are mature and are not expected to grow by a huge margin over the next few years.
Recovering construction sector in these regions is anticipated to drive the demand
for vinyl toluene in the next few years. Due to the recent increase in construction
activities in emerging economies like India and China the demand for vinyl toluene
is expected to grow at a very fast pace in this region in the near future. In the
coming years, China is expected to be one of the biggest manufacturers of vinyl
toluene used in paints and coatings. Vinyl toluene is also extensively used in
industrial coating applications. Hence the demand for vinyl toluene is also
anticipated to increase across the globe in the next few years.
The key companies profiled for this market include Ashland Inc., and Deltech
Corporation among others.
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