Toluene Market Size, Share, Industry Report, 2035

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Toluene Market Analysis Plant Capacity,
Production, Operating Efficiency, Derivative
Type, Demand Supply, End-User Industries,
Sales Channel, Regional Demand, 2015-2035
Online Quarterly Update Toluene Market
experienced considerable growth as its demand
reached 27.5 million tonnes in 2021 and is
expected to achieve a healthy CAGR of 4.80
during the forecast period. Toluene, also known
as Toluol, is a seven-carbon aromatic hydrocarbon
that is clear and colorless in nature. Toluene
is primarily utilized in the synthesis of various
chemical derivatives like Toluene Diisocyanate
(TDI), Benzoic Acid, and others. It is
extensively used as a solvent and an industrial
feedstock. Since the organic compound is regarded
as a universal solvent, it can be directly used
in disinfectants, thinners, paints, foams,
cleaning agents, adhesives, fuel additives, etc.
It also finds its applications in the
transportation sector as an octane booster for
gasoline with high RON. The increasing demand
for aromatics in the petrochemical industry to
produce elastomers, agrochemicals, dyes, etc.,
is driving the market around the world as it is
regarded as an aromatic compound due to the
presence of benzene ring in its chemical
structure. Industrial production of Toluene is
done via two methods. In the first method, it is
extracted from the pyrolysis of gasoline, which
in turn is produced from Naphtha cracking. In
the second method, it is extracted from
reformate, which is also produced from heavy
Naphtha cracking. The demand for Toluene is
expected to showcase a downward trajectory in
some of the segments in the upcoming years due to
restrictions on its consumption as it has a
significant level of toxicity. However, with the
toxicity of Toluene being much less in comparison
to Benzene, it serves as a viable replacement
for the latter in some applications.
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Read Full Report Here _at_ https//www.chemanalyst.co
m/industry-report/toluene-market-665 Based on
the derivative types, the Toluene market is
segmented into Benzene and Xylene, Solvents,
Gasoline Additives, Toluene Diisocyanate, and
others (TNT, Benzoic acid, Benzaldehyde). The
Benzene and Xylene segment accounts for the
largest market share of 56.45 in 2021, owing to
the increased usage of Benzene in textile
industries and Xylene in paints and coatings and
chemical industries. On the basis of end-use,
the market is segregated into building and
construction, automotive, oil and gas, paints
and coatings, pharmaceuticals, and others. Among
these, the paints and coatings sector dominated
the Toluene market across the globe with a market
share of 24.78 and is expected to maintain its
dominance in the forecast period as well. The
building and construction segment is also
expected to witness robust growth in the next few
years owing to the number of construction
projects lined up, which will further boost the
demand for Toluene in the future. In 2020, the
sudden outbreak of COVID-19 had a far-reaching
impact on the Toluene market across the globe.
Several downstream industries, businesses, and
other facilities were severely affected in the
first half of 2020 due to the nationwide
lockdowns imposed by the government authorities.
Amidst the looming concern, the demand for
Toluene was severely hindered around the world,
followed by the disrupted supply chain. The
market growth post-pandemic demonstrated an
upward trajectory due to the increased demand
for Toluene from the paint and coatings industry.
Regional Outlook Among different regions, the
Asia Pacific region dominated the Toluene market
in 2021 with a share of 48.53 and is likely to
maintain its dominance in the forecast period as
well. The increasing production of Toluene in
China due to its high demand in automotive,
paints and coatings, and other downstream
industries is driving the Toluene market across
the Asia Pacific region. Followed by the APAC
region, North America holds the second-largest
share of Toluene in terms of demand.
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• Years considered for this report
• Historical Period 2015-2019
• Base Year 2020
• Estimated Year 2021
• Forecast Period 20222035
• This report will be delivered on an online
  digital platform with one-year subscription and
  quarterly update.
• Objective of the Study
• To assess the demand-supply scenario of Toluene
  which covers production, demand, and supply of
  Toluene market globally.
• To analyse and forecast the market size of
  Toluene.
• To classify and forecast Toluene market based on
  application, Derivative Type, end-use and
  regional distribution.
• To identify drivers and challenges for Toluene
  market.
• To examine competitive developments such as
  expansions, new product launches, mergers
  acquisitions, etc., in Toluene market.
• To identify and analyse the profile of leading
  players involved in the manufacturing of Toluene.

To extract data for Toluene market, primary
research surveys were conducted with Toluene
manufacturers, suppliers, distributors,
wholesalers, and end users. While interviewing,
the respondents were also inquired about their
competitors. Through this technique, ChemAnalyst
was able to include manufacturers that could not
be identified due to the limitations of secondary
research. Moreover, ChemAnalyst analyzed various
end user segments and projected a positive
outlook for Global Toluene market over the
coming years. ChemAnalyst calculated Toluene
demand globally by analyzing the historical data
and demand forecast which was carried out
considering imported Toluene, styrene prices,
monomers used for production of Toluene.
ChemAnalyst sourced these values from industry
experts and company representatives and
externally validated through analyzing historical
sales data of respective manufacturers to arrive
at the overall market size. Various secondary
sources such as company websites, association
reports, annual reports, etc., were also studied
by ChemAnalyst.
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• Key Target Audience
• Toluene manufacturers and other stakeholders
• Organizations, forums, and alliances related to
  Toluene distribution
• Government bodies such as regulating authorities
  and policy makers
• Market research organizations and consulting
  companies
• The study is useful in providing answers to
  several critical questions that are important for
  industry stakeholders such as Toluene
  manufacturers, customers and policy makers. The
  study would also help them to target the growing
  segments over the coming years (next two to five
  years), thereby aiding the stakeholders in
  taking investment decisions and facilitating
  their expansion.
• Report Scope
• In this report, Toluene market has been segmented
  into following categories, in addition to the
  industry trends which have also been detailed
  below

Attribute Details
Market size volume in 2021 27.5 million Tonnes
Growth Rate CAGR of 4.80 from 2022 to 2035
Base year for estimation 2020
Historic Data 2015 2019
Forecast period 2022 2035
Quantitative units Demand in tons and CAGR from 2021 to 2035
Report coverage Revenue forecast, demand supply, competitive analysis, competitive landscape, growth factors, and trends
Segments covered Derivative Type (Benzene and Xylene, Solvents, Gasoline Additives, Toluene Diisocyanate (TDI), and others (TNT, Benzoic acid, Benzaldehyde) End-Use (Construction, Automotive, Oil and Gas, Paints and Coatings, Pharmaceuticals, and Others) Sales Channel (Direct Company Sale, Direct Import, Distributors Traders)
Regional scope North America Europe Asia Pacific South America Middle East Africa
Country scope United States Mexico Canada China India Japan South Korea Taiwan Singapore Germany Belgium France United Kingdom Spain Italy Sweden Austria Saudi Arabia Iran South Africa Brazil Argentina
Key companies profiled Exxon Mobil, SK Global Corporation Limited., Zhenhai Refining and Chemical, Marathon Petroleum US, Flint Hills Resources, Fermosa Chemical Fibre Corporation, Sinopec Shanghai Petrochemical, Cepsa, Petrochina Qinzhou, Jinling Petrochemical, and others.
Customization scope Free report customization with purchase. Addition or alteration to country, regional segment scope.
Pricing and purchase options Avail customized purchase options to meet your exact research needs. Explore purchase options
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• Table of Content
• Global Toluene Market Outlook, 2015-2035
• Capacity, By Volume 1.1.1.By Company
• Production, By Volume 1.2.1.By Company
• Operating Efficiency 1.3.1.By Company
• Global Toluene Demand Outlook, 2015-2035, By
  Volume
• By Derivative Type
• By End-Use
• By Region
• By Company
• North America Toluene Market Outlook, 2015-2035
• Capacity, By Volume 3.1.1.By Country
• Production 3.2.1.By Country
• Operating Efficiency 3.3.1.By Country
• North America Toluene Demand Outlook, 2015-2035,
  By Volume
• By Derivative Type
• By End-Use
• By Country
• United States Toluene Market Outlook, 2015-2035

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• 4.5.4.3. Gap
• Mexico Toluene Demand Outlook, 2015-2035, By
  Volume
• By Derivative Type
• By End-Use
• By Company Share (At least top 3 companies
  market share)
• By Region
• By Sales Channel
• Canada Toluene Market Outlook, 2015-2035
• Capacity, By Volume
• By Company
• By Location 4.6.2.Production
• 4.6.2.1. By Company 4.6.3.Operating Efficiency
• 4.6.3.1. By Company
• Canada Toluene Demand-Supply Scenario, 2015-2035,
  By Volume
• Demand
• Supply
• Gap
• Canada Toluene Demand Outlook, 2015-2035, By
  Volume
• By Derivative Type

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• 6.4.5.5. By Sales Channel
• India Toluene Market Outlook, 2015-2035
• Capacity, By Volume
• By Company
• By Location 6.5.2.Production
• 6.5.2.1. By Company 6.5.3.Operating Efficiency
• 6.5.3.1. By Company
• India Toluene Demand-Supply Scenario, 2015-2035,
  By Volume
• Demand
• Supply
• Gap
• India Toluene Demand Outlook, 2015-2035, By
  Volume
• By Derivative Type
• By End-Use
• By Company Share (At least top 3 companies
  market share)
• By Region
• By Sales Channel
• Japan Toluene Market Outlook, 2015-2035
• Capacity, By Volume

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• By Region
• By Sales Channel
• Taiwan Toluene Market Outlook, 2015-2035
• Capacity, By Volume
• By Company
• By Location 6.8.2.Production
• 6.8.2.1. By Company 6.8.3.Operating Efficiency
• 6.8.3.1. By Company
• Taiwan Toluene Demand-Supply Scenario, 2015-2035,
  By Volume
• Demand
• Supply
• Gap
• Taiwan Toluene Demand Outlook, 2015-2035, By
  Volume
• By Derivative Type
• By End-Use
• By Region
• By Sales Channel
• By Company Share (At least top 3 companies
  market share)
• Singapore Toluene Market Outlook, 2015-2035

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• 8.5.1.2. By Location 8.5.2.Production
• 8.5.2.1. By Company 8.5.3.Operating Efficiency
• 8.5.3.1. By Company
• Germany Toluene Demand-Supply Scenario,
  2015-2035, By Volume
• Demand
• Supply
• Gap
• Germany Toluene Demand Outlook, 2015-2035, By
  Volume
• By Type
• By End-Use
• By Company Share (At least top 3 companies
  market share)
• By Region
• By Sales Channel
• Belgium Toluene Market Outlook, 2015-2035
• Capacity, By Volume

8.5.6.1.1. 8.5.6.1.2.
By Company By Location

• Production
• By Company
• Operating Efficiency
• By Company
• Belgium Toluene Demand-Supply Scenario,
  2015-2035, By Volume
• Demand
• Supply
• Gap
• Belgium Toluene Demand Outlook, 2015-2035, By
  Volume
• By Derivative Type
• By End-Use
• By Sales Channel
• By Company Share (At least top 3 companies
  market share)
• By Region
• France Toluene Market Outlook, 2015-2035
• Capacity, By Volume
• By Company
• By Location 8.6.2.Production
• 8.6.2.1. By Company 8.6.3.Operating Efficiency

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• By Company
• By Location 8.7.2.Production
• 8.7.2.1. By Company 8.7.3.Operating Efficiency
• 8.7.3.1. By Company
• United Kingdom Toluene Demand-Supply Scenario,
  2015-2035, By Volume
• Demand
• Supply
• Gap
• United Kingdom Toluene Demand Outlook, 2015-2035,
  By Volume
• By Derivative Type
• By End-Use
• By Sales Channel
• By Company Share (At least top 3 companies
  market share)
• By Region
• Spain Toluene Market Outlook, 2015-2035
• Capacity, By Volume
• By Company
• By Location 8.8.2.Production
• 8.8.2.1. By Company 8.8.3.Operating Efficiency

8.10.
Sweden Toluene Market Outlook, 2015-2035
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• Capacity, By Volume
• By Company
• By Location
• Production
• By Company
• Operating Efficiency
• By Company
• Sweden Toluene Demand-Supply Scenario, 2015-2035,
  By Volume
• Demand
• Supply
• Gap
• Sweden Toluene Demand Outlook, 2015-2035, By
  Volume
• By Derivative Type
• By End-Use
• By Sales Channel
• By Company Share (At least top 3 companies
  market share)
• By Region
• Austria Toluene Market Outlook, 2015-2035
• Capacity, By Volume

10.1. 10.2. 10.3. 10.4. 10.5.
By Derivative Type By End-Use By Sales Channel
By Country Saudi Arabia Toluene Market Outlook,
2015-2035

1. Capacity, By Volume
2. By Company
3. By Location
4. Production
5. By Company

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• Operating Efficiency
• By Company
• Saudi Arabia Toluene Demand-Supply Scenario,
  2015-2035, By Volume
• Demand
• Supply
• Gap
• Saudi Arabia Toluene Demand Outlook, 2015-2035,
  By Volume
• By Derivative Type
• By End-Use
• By Sales Channel
• By Company Share (At least top 3 companies
  market share)
• By Region
• Iran Toluene Market Outlook, 2015-2035
• Capacity, By Volume
• By Company
• By Location
• Production
• By Company
• Operating Efficiency

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• Operating Efficiency
• By Country
• 12. South America Toluene Demand Outlook,
  2015-2035, By Volume

12.1. 12.2. 12.3. 12.4. 12.5. 12.6.
By Derivative Type By End-Use By Sales Channel
(Direct/Institutional Sales, Retail Sales, Other
Channel Sales) By Company Share (At least top 3
companies market share) By Country Brazil
Toluene Market Outlook, 2015-2035

• Capacity, By Volume
• By Company
• By Location
• Production
• By Company
• Operating Efficiency
• By Company
• Brazil Toluene Demand-Supply Scenario, 2015-2035,
  By Volume
• Demand
• Supply
• Gap
• Brazil Toluene Demand Outlook, 2015-2035, By
  Volume
• By Derivative Type
• By End-Use
• By Sales Channel
• By Company Share (At least top 3 companies
  market share)
• By Region
• Argentina Toluene Market Outlook, 2015-2035
• Capacity, By Volume

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