Global Toluene Market is anticipated to gain growth prospects in the coming years. Toluene is an aromatic organic compound which is a flammable liquid obtained from coal tar or petroleum. Naphtha is the general raw material for the production of toluene. Toluene is used in Pharmaceuticals, production of Paints, Varnishes, Adhesives, glues, correction fluids, Explosives and Printing Ink. The toluene market consists of various stages including distributors, manufacturers, raw material procurement and end-users. The key growth drivers are increasing demand for toluene in construction and industrialisation. They are mostly used in end user industry main factor for the growth of the toluene market. Due to the outbreak of COVID-19 toluene market was affected terribly. The factors like lack of supply chain and workforce in production were affected. Oscillation in crude oil prices is the major problem for the toluene market.  Toluene is considered as hazardous air pollutant (PAH) and there are certain limitations in sourcing toluene because it harms the human brain and effect on lungs, kidneys, liver and central nervous system. The discovery of shale oil has increased the threat to the toluene market as it is richer in aromatic content than toluene. High concentration of toluene in the water bodies can cause harm to aquatic life. The product will cause Soil and Air pollution.

According to 6Wresearch, Global Toluene Market size is anticipated to register growth during 2021-2027. In global Asia-Pacific region dominated the market, next comes the North America. Regulatory boards, like US Environmental Protection Agency (EPA) etc have high restriction for using it. Globally, China is the leading consumer. In global, the key players are Exxon Mobil Corporation, Chevron Phillips, BASF SE, Royal Dutch Shell PLC, Valero, SK Innovation Co Ltd, Formosa Plastics and China National Petroleum Corporation. In October 2019, a UK-based company Chrysaor Holdings Limited acquired ConocoPhillips a UK oil and gas business company. In March 2019, a Singapore-based chemical company Fortrec, acquired aromatic solvents refinery company in Korea.

Toluene Market has three major Segmentation they are by derivatives, by production process and by application. In the derivatives segmentation the prime derivatives are Benzene & Xylene, Toluene Diisocyanatos (TDI). In production process it is used in Reformate Process, Pygas Process, Coke/ Coal Process, Styrene Process. In form of Products, it is used in forming Drugs, Dyes, Blending, Cosmetic Nail Products and fertilizers etc. Demand of toluene for manufacturing products such as paints, synthetic fibres, agrochemicals coatings and dying industry drives the market. These industries will increase Market rapidly. The end-user industries are Building and Construction, Automotive, Oil and Gas, Electronics, Automotive, Packaging, Consumer Appliances. The growing demand for aromatics as well as end-user industry drives the toluene market.

The Global Toluene market report thoroughly covers the market by usage, product type, distribution channels, end users and countries including China, South Korea, India, Indonesia, US and Canada among other key countries. The Global Toluene market outlook report provides an unbiased and detailed analysis of the on-going Global Toluene market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.

Key Highlights of the Report:

• Global Toluene Market Outlook
• Market Size of Global Toluene Market, 2020
• Forecast of Global Toluene Market, 2027
• Historical Data and Forecast of Global Toluene Revenues & Volume for the Period 2017 - 2027
• Global Toluene Market Trend Evolution
• Global Toluene Market Drivers and Challenges
• Global Toluene Price Trends
• Global Toluene Porter's Five Forces
• Global Toluene Industry Life Cycle
• Historical Data and Forecast of Global Toluene Market Revenues & Volume By Derivation Type for the Period 2017 - 2027
• Historical Data and Forecast of Global Toluene Market Revenues & Volume By Benzene & Xylene for the Period 2017 - 2027
• Historical Data and Forecast of Global Toluene Market Revenues & Volume By Toluene Diisocyanates for the Period 2017 - 2027
• Historical Data and Forecast of Global Toluene Market Revenues & Volume By Solvents for the Period 2017 - 2027
• Historical Data and Forecast of Global Toluene Market Revenues & Volume By Gasoline Additives for the Period 2017 - 2027
• Historical Data and Forecast of Global Toluene Market Revenues & Volume By Others for the Period 2017 - 2027
• Historical Data and Forecast of Europe Toluene Market Revenues & Volume By Derivation Type for the Period 2017 - 2027
• Historical Data and Forecast of Europe Toluene Market Revenues & Volume By Benzene & Xylene for the Period 2017 - 2027
• Historical Data and Forecast of Europe Toluene Market Revenues & Volume By Toluene Diisocyanates for the Period 2017 - 2027
• Historical Data and Forecast of Europe Toluene Market Revenues & Volume By Solvents for the Period 2017 - 2027
• Historical Data and Forecast of Europe Toluene Market Revenues & Volume By Gasoline Additives for the Period 2017 - 2027
• Historical Data and Forecast of Europe Toluene Market Revenues & Volume By Others for the Period 2017 - 2027
• Historical Data and Forecast of North America Toluene Market Revenues & Volume By Derivation Type for the Period 2017 - 2027
• Historical Data and Forecast of North America Toluene Market Revenues & Volume By Benzene & Xylene for the Period 2017 - 2027
• Historical Data and Forecast of North America Toluene Market Revenues & Volume By Toluene Diisocyanates for the Period 2017 - 2027
• Historical Data and Forecast of North America Toluene Market Revenues & Volume By Solvents for the Period 2017 - 2027
• Historical Data and Forecast of North America Toluene Market Revenues & Volume By Gasoline Additives for the Period 2017 - 2027
• Historical Data and Forecast of North America Toluene Market Revenues & Volume By Others for the Period 2017 - 2027
• Historical Data and Forecast of Latin America Toluene Market Revenues & Volume By Derivation Type for the Period 2017 - 2027
• Historical Data and Forecast of Latin America Toluene Market Revenues & Volume By Benzene & Xylene for the Period 2017 - 2027
• Historical Data and Forecast of Latin America Toluene Market Revenues & Volume By Toluene Diisocyanates for the Period 2017 - 2027
• Historical Data and Forecast of Latin America Toluene Market Revenues & Volume By Solvents for the Period 2017 - 2027
• Historical Data and Forecast of Latin America Toluene Market Revenues & Volume By Gasoline Additives for the Period 2017 - 2027
• Historical Data and Forecast of Latin America Toluene Market Revenues & Volume By Others for the Period 2017 - 2027
• Historical Data and Forecast of Middle East Toluene Market Revenues & Volume By Derivation Type for the Period 2017 - 2027
• Historical Data and Forecast of Middle East Toluene Market Revenues & Volume By Benzene & Xylene for the Period 2017 - 2027
• Historical Data and Forecast of Middle East Toluene Market Revenues & Volume By Toluene Diisocyanates for the Period 2017 - 2027
• Historical Data and Forecast of Middle East Toluene Market Revenues & Volume By Solvents for the Period 2017 - 2027
• Historical Data and Forecast of Middle East Toluene Market Revenues & Volume By Gasoline Additives for the Period 2017 - 2027
• Historical Data and Forecast of Middle East Toluene Market Revenues & Volume By Others for the Period 2017 - 2027
• Historical Data and Forecast of Africa Toluene Market Revenues & Volume By Derivation Type for the Period 2017 - 2027
• Historical Data and Forecast of Africa Toluene Market Revenues & Volume By Benzene & Xylene for the Period 2017 - 2027
• Historical Data and Forecast of Africa Toluene Market Revenues & Volume By Toluene Diisocyanates for the Period 2017 - 2027
• Historical Data and Forecast of Africa Toluene Market Revenues & Volume By Solvents for the Period 2017 - 2027
• Historical Data and Forecast of Africa Toluene Market Revenues & Volume By Gasoline Additives for the Period 2017 - 2027
• Historical Data and Forecast of Africa Toluene Market Revenues & Volume By Others for the Period 2017 - 2027
• Historical Data and Forecast of Asia Pacific Toluene Market Revenues & Volume By Derivation Type for the Period 2017 - 2027
• Historical Data and Forecast of Asia Pacific Toluene Market Revenues & Volume By Benzene & Xylene for the Period 2017 - 2027
• Historical Data and Forecast of Asia Pacific Toluene Market Revenues & Volume By Toluene Diisocyanates for the Period 2017 - 2027
• Historical Data and Forecast of Asia Pacific Toluene Market Revenues & Volume By Solvents for the Period 2017 - 2027
• Historical Data and Forecast of Asia Pacific Toluene Market Revenues & Volume By Gasoline Additives for the Period 2017 - 2027
• Historical Data and Forecast of Asia Pacific Toluene Market Revenues & Volume By Others for the Period 2017 - 2027
• Historical Data and Forecast of Global Toluene Market Revenues & Volume By Derivation Type for the Period 2017 - 2027
• Historical Data and Forecast of Global Toluene Market Revenues & Volume By Benzene & Xylene for the Period 2017 - 2027
• Historical Data and Forecast of Global Toluene Market Revenues & Volume By Toluene Diisocyanates for the Period 2017 - 2027
• Historical Data and Forecast of Global Toluene Market Revenues & Volume By Solvents for the Period 2017 - 2027
• Historical Data and Forecast of Global Toluene Market Revenues & Volume By Gasoline Additives for the Period 2017 - 2027
• Historical Data and Forecast of Global Toluene Market Revenues & Volume By Others for the Period 2017 - 2027
• Historical Data and Forecast of Global Toluene Market Revenues & Volume By Production Process for the Period 2017 - 2027
• Historical Data and Forecast of Global Toluene Market Revenues & Volume By Reformate Process for the Period 2017 - 2027
• Historical Data and Forecast of Global Toluene Market Revenues & Volume By Pygas Process for the Period 2017 - 2027
• Historical Data and Forecast of Global Toluene Market Revenues & Volume By Coke/Coal Process for the Period 2017 - 2027
• Historical Data and Forecast of Global Toluene Market Revenues & Volume By Styrene Process for the Period 2017 - 2027
• Historical Data and Forecast of Europe Toluene Market Revenues & Volume By Production Process for the Period 2017 - 2027
• Historical Data and Forecast of Europe Toluene Market Revenues & Volume By Reformate Process for the Period 2017 - 2027
• Historical Data and Forecast of Europe Toluene Market Revenues & Volume By Pygas Process for the Period 2017 - 2027
• Historical Data and Forecast of Europe Toluene Market Revenues & Volume By Coke/Coal Process for the Period 2017 - 2027
• Historical Data and Forecast of Europe Toluene Market Revenues & Volume By Styrene Process for the Period 2017 - 2027
• Historical Data and Forecast of North America Toluene Market Revenues & Volume By Production Process for the Period 2017 - 2027
• Historical Data and Forecast of North America Toluene Market Revenues & Volume By Reformate Process for the Period 2017 - 2027
• Historical Data and Forecast of North America Toluene Market Revenues & Volume By Pygas Process for the Period 2017 - 2027
• Historical Data and Forecast of North America Toluene Market Revenues & Volume By Coke/Coal Process for the Period 2017 - 2027
• Historical Data and Forecast of North America Toluene Market Revenues & Volume By Styrene Process for the Period 2017 - 2027
• Historical Data and Forecast of Latin America Toluene Market Revenues & Volume By Production Process for the Period 2017 - 2027
• Historical Data and Forecast of Latin America Toluene Market Revenues & Volume By Reformate Process for the Period 2017 - 2027
• Historical Data and Forecast of Latin America Toluene Market Revenues & Volume By Pygas Process for the Period 2017 - 2027
• Historical Data and Forecast of Latin America Toluene Market Revenues & Volume By Coke/Coal Process for the Period 2017 - 2027
• Historical Data and Forecast of Latin America Toluene Market Revenues & Volume By Styrene Process for the Period 2017 - 2027
• Historical Data and Forecast of Middle East Toluene Market Revenues & Volume By Production Process for the Period 2017 - 2027
• Historical Data and Forecast of Middle East Toluene Market Revenues & Volume By Reformate Process for the Period 2017 - 2027
• Historical Data and Forecast of Middle East Toluene Market Revenues & Volume By Pygas Process for the Period 2017 - 2027
• Historical Data and Forecast of Middle East Toluene Market Revenues & Volume By Coke/Coal Process for the Period 2017 - 2027
• Historical Data and Forecast of Middle East Toluene Market Revenues & Volume By Styrene Process for the Period 2017 - 2027
• Historical Data and Forecast of Africa Toluene Market Revenues & Volume By Production Process for the Period 2017 - 2027
• Historical Data and Forecast of Africa Toluene Market Revenues & Volume By Reformate Process for the Period 2017 - 2027
• Historical Data and Forecast of Africa Toluene Market Revenues & Volume By Pygas Process for the Period 2017 - 2027
• Historical Data and Forecast of Africa Toluene Market Revenues & Volume By Coke/Coal Process for the Period 2017 - 2027
• Historical Data and Forecast of Africa Toluene Market Revenues & Volume By Styrene Process for the Period 2017 - 2027
• Historical Data and Forecast of Asia Pacific Toluene Market Revenues & Volume By Production Process for the Period 2017 - 2027
• Historical Data and Forecast of Asia Pacific Toluene Market Revenues & Volume By Reformate Process for the Period 2017 - 2027
• Historical Data and Forecast of Asia Pacific Toluene Market Revenues & Volume By Pygas Process for the Period 2017 - 2027
• Historical Data and Forecast of Asia Pacific Toluene Market Revenues & Volume By Coke/Coal Process for the Period 2017 - 2027
• Historical Data and Forecast of Asia Pacific Toluene Market Revenues & Volume By Styrene Process for the Period 2017 - 2027
• Historical Data and Forecast of Global Toluene Market Revenues & Volume By Production Process for the Period 2017 - 2027
• Historical Data and Forecast of Global Toluene Market Revenues & Volume By Reformate Process for the Period 2017 - 2027
• Historical Data and Forecast of Global Toluene Market Revenues & Volume By Pygas Process for the Period 2017 - 2027
• Historical Data and Forecast of Global Toluene Market Revenues & Volume By Coke/Coal Process for the Period 2017 - 2027
• Historical Data and Forecast of Global Toluene Market Revenues & Volume By Styrene Process for the Period 2017 - 2027
• Historical Data and Forecast of Global Toluene Market Revenues & Volume By Application for the Period 2017 - 2027
• Historical Data and Forecast of Global Toluene Market Revenues & Volume By Drugs for the Period 2017 - 2027
• Historical Data and Forecast of Global Toluene Market Revenues & Volume By Dyes for the Period 2017 - 2027
• Historical Data and Forecast of Global Toluene Market Revenues & Volume By Blending for the Period 2017 - 2027
• Historical Data and Forecast of Global Toluene Market Revenues & Volume By Cosmetic Nail Products for the Period 2017 - 2027
• Historical Data and Forecast of Global Toluene Market Revenues & Volume By Others for the Period 2017 - 2027
• Historical Data and Forecast of Europe Toluene Market Revenues & Volume By Application for the Period 2017 - 2027
• Historical Data and Forecast of Europe Toluene Market Revenues & Volume By Drugs for the Period 2017 - 2027
• Historical Data and Forecast of Europe Toluene Market Revenues & Volume By Dyes for the Period 2017 - 2027
• Historical Data and Forecast of Europe Toluene Market Revenues & Volume By Blending for the Period 2017 - 2027
• Historical Data and Forecast of Europe Toluene Market Revenues & Volume By Cosmetic Nail Products for the Period 2017 - 2027
• Historical Data and Forecast of Europe Toluene Market Revenues & Volume By Others for the Period 2017 - 2027
• Historical Data and Forecast of North America Toluene Market Revenues & Volume By Application for the Period 2017 - 2027
• Historical Data and Forecast of North America Toluene Market Revenues & Volume By Drugs for the Period 2017 - 2027
• Historical Data and Forecast of North America Toluene Market Revenues & Volume By Dyes for the Period 2017 - 2027
• Historical Data and Forecast of North America Toluene Market Revenues & Volume By Blending for the Period 2017 - 2027
• Historical Data and Forecast of North America Toluene Market Revenues & Volume By Cosmetic Nail Products for the Period 2017 - 2027
• Historical Data and Forecast of North America Toluene Market Revenues & Volume By Others for the Period 2017 - 2027
• Historical Data and Forecast of Latin America Toluene Market Revenues & Volume By Application for the Period 2017 - 2027
• Historical Data and Forecast of Latin America Toluene Market Revenues & Volume By Drugs for the Period 2017 - 2027
• Historical Data and Forecast of Latin America Toluene Market Revenues & Volume By Dyes for the Period 2017 - 2027
• Historical Data and Forecast of Latin America Toluene Market Revenues & Volume By Blending for the Period 2017 - 2027
• Historical Data and Forecast of Latin America Toluene Market Revenues & Volume By Cosmetic Nail Products for the Period 2017 - 2027
• Historical Data and Forecast of Latin America Toluene Market Revenues & Volume By Others for the Period 2017 - 2027
• Historical Data and Forecast of Middle East Toluene Market Revenues & Volume By Application for the Period 2017 - 2027
• Historical Data and Forecast of Middle East Toluene Market Revenues & Volume By Drugs for the Period 2017 - 2027
• Historical Data and Forecast of Middle East Toluene Market Revenues & Volume By Dyes for the Period 2017 - 2027
• Historical Data and Forecast of Middle East Toluene Market Revenues & Volume By Blending for the Period 2017 - 2027
• Historical Data and Forecast of Middle East Toluene Market Revenues & Volume By Cosmetic Nail Products for the Period 2017 - 2027
• Historical Data and Forecast of Middle East Toluene Market Revenues & Volume By Others for the Period 2017 - 2027
• Historical Data and Forecast of Africa Toluene Market Revenues & Volume By Application for the Period 2017 - 2027
• Historical Data and Forecast of Africa Toluene Market Revenues & Volume By Drugs for the Period 2017 - 2027
• Historical Data and Forecast of Africa Toluene Market Revenues & Volume By Dyes for the Period 2017 - 2027
• Historical Data and Forecast of Africa Toluene Market Revenues & Volume By Blending for the Period 2017 - 2027
• Historical Data and Forecast of Africa Toluene Market Revenues & Volume By Cosmetic Nail Products for the Period 2017 - 2027
• Historical Data and Forecast of Africa Toluene Market Revenues & Volume By Others for the Period 2017 - 2027
• Historical Data and Forecast of Asia Pacific Toluene Market Revenues & Volume By Application for the Period 2017 - 2027
• Historical Data and Forecast of Asia Pacific Toluene Market Revenues & Volume By Drugs for the Period 2017 - 2027
• Historical Data and Forecast of Asia Pacific Toluene Market Revenues & Volume By Dyes for the Period 2017 - 2027
• Historical Data and Forecast of Asia Pacific Toluene Market Revenues & Volume By Blending for the Period 2017 - 2027
• Historical Data and Forecast of Asia Pacific Toluene Market Revenues & Volume By Cosmetic Nail Products for the Period 2017 - 2027
• Historical Data and Forecast of Asia Pacific Toluene Market Revenues & Volume By Others for the Period 2017 - 2027
• Historical Data and Forecast of Global Toluene Market Revenues & Volume By Application for the Period 2017 - 2027
• Historical Data and Forecast of Global Toluene Market Revenues & Volume By Drugs for the Period 2017 - 2027
• Historical Data and Forecast of Global Toluene Market Revenues & Volume By Dyes for the Period 2017 - 2027
• Historical Data and Forecast of Global Toluene Market Revenues & Volume By Blending for the Period 2017 - 2027
• Historical Data and Forecast of Global Toluene Market Revenues & Volume By Cosmetic Nail Products for the Period 2017 - 2027
• Historical Data and Forecast of Global Toluene Market Revenues & Volume By Others for the Period 2017 - 2027
• Global Toluene Market - Key Performance Indicators
• Global Toluene Market - Import Export Trade Statistics
• Global Toluene Market - Opportunity Assessment By Countries
• Global Toluene Market - Opportunity Assessment By Derivation Type
• Global Toluene Market - Opportunity Assessment By Production Process
• Global Toluene Market - Opportunity Assessment By Application
• Global Toluene Market - Top Companies Market Share
• Global Toluene Market - Top Companies Profiles
• Global Toluene Market - Comparison of Players in Technical and Operating Parameters
• Global Toluene Market - Strategic Recommendations

Markets Covered

The market report covers the following market segments

• By Derivation Type
  • Benzene & Xylene
  • Solvents
  • Gasoline Additives
  • Toluene Diisocyanatos
  • Others
• By Production Process
  • Reformate Process
  • Pygas Process
  • Coke/Coal Process
  • Styrene Process
• By Application
  • Drugs
  • Dyes
  • Blending
  • Cosmetic Nail Products
  • Others
• By Regions
  • Latin America
  • North America
  • Europe
  • Middle East
  • Africa
  • Asia Pacific