North America Toluene Market (2021-2027) | Outlook, COVID-19 IMPACT, Forecast, Size, Share, Companies, Industry, Value, Growth, Revenue, Analysis & Trends

North America Toluene Market is anticipated to register proliferation in the coming time zone. Toluene market is developing in North America. The major industries in North America are petrochemicals, aircraft, textiles and construction which uses toluene directly or indirectly which drives the toluene market to the next phase. The increasing utilization of toluene as a solvent for different commercial products such as paints and glues etc has increased its demand of toluene in the chemical-based industries. Additionally, toluene is mainly used in the production of hair dyes as well as in explosives industry to manufacture flammable compounds. The toluene is manly used in pharmaceutical industry to produce specific drugs like acetyl salicylic acid, penicillin G sodium, ciprofloxacin, acetanilide, norfloxacin, penicillin G potassium, prednisone and caffeine. It drives the growth of toluene market in the region. In this region the demand for toluene is changed seasonally, during the summer months the demand is increased by gasoline blenders. As their product are running fast the demand never goes off. Outbreak of COVID-19, has the direct and indirect impact in the toluene Market. The end-use industries have a great demand as the pandemic get over as there is no toluene at the time. The market was at trough in that time. Most of the industries are stud down and the demand of the toluene also reduced rapidly in this region. The US shale revolution has great impact in the supply of toluene. As most of the players move towards lighter ethane gas there was a constrain in the market. US Environmental Protection Agency a Regulatory boards have high restriction for using it and consider as a hazard material.

According to 6Wresearch, North America Toluene Market size is anticipated to register growth during 2021-2027. United States dominates in this region. Toluene capacity i.e., the storage capacity is huge in this region compare to other regions The key players in this region are DOW chemical’s Canada, Imperial oil, NOVA chemicals, Petro-Canada, Shell chemical. Dow selected the Univar Inc. solutions as a North American channel to distribute their portfolio of isocyanates and polyols in the region. This will make the Dow to expand their business in this region. These companies mostly use toluene to make Benzene and TDI.

Toluene diisocyanate (TDI) segment is dominated in this region. North American toluene diisocyanate market is witnessing high growth because of emerging markets for various end-user applications. It used in the production of polyurethanes (PU) which has lot of useful properties and a wide range of end usage applications. It is mostly used in the production of flexible PU foams, which are used in various industry like automobile, furniture etc. It is also used for the production of coatings, adhesives and sealants. Growing investment in automobile industry adopts the utilization of TDI for the production of polyurethane products is the main reason for the market growth. As there is a demand for lightweight vehicles which are made up of polyurethane, which is products of toluene. With the help of lightweight materials there will highly efficient in vehicles engines in future and also reduce the pollution. Benzene is used to make plastics, resins, and nylon and synthetic fibres which has great demand in this region. The product of the benzene like Ethylbenzene and cumene has huge demand and has more customer base in this region.

North America Toluene market report thoroughly covers the market by product type, distribution channels, and countries including United States, Canada among other key countries. North America Toluene market outlook report provides an unbiased and detailed analysis of the on-going North America 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:

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

Frequently Asked Questions About the Market Study (FAQs):