Toluene (CAS Number: 108-88-3) is a widely used industrial chemical in India's solvents segment. It is manufactured from crude oil reformate and pygas and finds extensive applications across paints, coatings, pharmaceuticals, adhesives, and chemical processing industries.
India's Toluene market is driven by both domestic production from companies like IOCL, HPCL, Reliance Industries and imports. Prices are closely linked to crude oil reformate and pygas costs and global petrochemical market trends. OfBusiness provides real-time Toluene pricing and bulk procurement solutions for Indian manufacturers and traders.
Toluene demand in India continues to grow with expanding manufacturing activity, particularly in the paints and coatings, pharmaceutical, and agrochemical sectors. Seasonal demand patterns and inventory cycles at major producers also influence spot market pricing.
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