Toluene Market: Global Market Size, Forecast, Insights, and Competitive Landscape
The global toluene market is expected to grow at a CAGR of around 5.1% during 2025-2034. This report on global Toluene market report provides holistic understanding of the market along with market sizing, forecast, drivers, challenges, and competitive landscape. The report presents a clear picture of the global Toluene market by segmenting the market based on derivatives type, production process type, application and region. Also, detailed profiles of companies operating in the Toluene market are provided in this report. We believe that this report will aid the professionals and industry stakeholders in making informed decision.
Market Drivers
• Rise in the End User Base of Toluene
• High Demand for Toluene Derivatives
Market Challenges
• Stringent Guidelines Initiated by the Government
• The Product is Considered as Hazaedous Air Pollutant
Historical & Forecast Period
Base Year: 2024
Historical Period: 2020-2024
Forecast Period: 2025-2034
Market by Derivative Type
• Benzene & Xylene
• Toluene Diisocyanates
• Solvents
• Gasoline Additives
• Others
Market by Production Process Type
• Reformate Process
• Pygas Process
• Coke/Coal Process
• Styrene Process
Market by Application
• Gasoline
• STDP/TPX
• Solvents
• Trans Alkylation (TA)
• Hydrodealkylation
• Toluene Diisocyanate (TDI)
• Toluene Disproportionation (TDP)
• Others
Market by Region
• Europe
Germany
United Kingdom
France
Italy
Spain
Russia
Netherlands
Rest of Europe
• North America
United States
Canada
• Asia Pacific
China
Japan
India
South Korea
Australia
Indonesia
Rest of Asia Pacific
• Latin America
Mexico
Brazil
Argentina
Rest of Latin America
• Middle East & Africa
Saudi Arabia
Turkey
Iran
United Arab Emirates
Rest of Middle East & Africa
- 1. Preface
- 1.1 Objective
- 1.2 Target Audience & Key Offerings
- 1.3 Report’s Scope
- 1.4 Research Methodology
- 1.4.1 Phase I
- 1.4.2 Phase II
- 1.4.3 Phase III
- 1.5 Assumptions
- 2. Key Insights
- 3. Global Toluene Market
- 3.1. Introduction
- 3.2. Market Drivers
- 3.3. Market Challenges
- 4. Global Toluene Market Analysis
- 4.1. Market Portraiture
- 4.2. Market Size
- 4.3. Market Forecast
- 4.4. Impact of COVID-19
- 5. Global Toluene Market by Derivative Type
- 5.1. Introduction
- 5.2. Benzene & Xylene
- 5.3. Toluene Diisocyanates
- 5.4. Solvents
- 5.5. Gasoline Additives
- 5.6. Others
- 6. Global Toluene Market by Production Process Type
- 6.1 Introduction
- 6.2 Reformate Process
- 6.3 Pygas Process
- 6.4 Coke/Coal Process
- 6.5 Styrene Process
- 7. Global Toluene by Application
- 7.1 Introduction
- 7.2 Gasoline
- 7.3 STDP/TPX
- 7.4 Solvents
- 7.5 Trans Alkylation (TA)
- 7.6 Hydrodealkylation
- 7.7 Toluene Diisocyanate (TDI)
- 7.8 Toluene Disproportionation (TDP)
- 7.9 Others
- 8. Global Toluene Market by Region
- 8.1 Introduction
- 8.2 Europe
- 8.2.1 Germany
- 8.2.2 United Kingdom
- 8.2.3 France
- 8.2.4 Italy
- 8.2.5 Spain
- 8.2.6 Russia
- 8.2.7 Netherlands
- 8.2.8 Rest of the Europe
- 8.3 North America
- 8.3.1 United States
- 8.3.2 Canada
- 8.4 Asia Pacific
- 8.4.1 China
- 8.4.2 Japan
- 8.4.3 India
- 8.4.4 South Korea
- 8.4.5 Australia
- 8.4.6 Indonesia
- 8.4.7 Rest of the Asia Pacific
- 8.5 Latin America
- 8.5.1 Mexico
- 8.5.2 Brazil
- 8.5.3 Argentina
- 8.5.4 Rest of Latin America
- 8.6 Middle East & Africa
- 8.6.1 Saudi Arabia
- 8.6.2 Turkey
- 8.6.2 Iran
- 8.6.3 United Arab Emirates
- 8.6.4 Rest of Middle East & Africa
- 9. SWOT Analysis
- 10. Porter’s Five Forces
- 11. Market Value Chain Analysis
- 12. Competitive Landscape
- 12.1. Competitive Scenario
- 12.2. Company Profiles
- 12.2.1. Sinopec
- 12.2.2. Exxon Mobil
- 12.2.3. Covestro
- 12.2.4. BP
- 12.2.5. SK Innovation
- 12.2.6. BASF
- 12.2.7. Shell
- 12.2.8. China National Petroleum
- 12.2.9. Formosa
- 12.2.10. CPC
- 12.2.11. Braskem
- 12.2.12. IndianOil
- 12.2.13. LyondellBasell
- 12.2.14. DowDuPont
- 12.2.15. Tosoh
- 12.2.16. Total
- 12.2.17. GS Caltex
- 12.2.18. Chevron Phillips Chemical
- 12.2.19. Mitsubishi Chemical
- 12.2.20. NOVA Chemicals
- List of Figures
- Figure 1: Global Toluene Market (in US$ Million), 2020-2024
- Figure 2: Global Toluene Market by Derivative Type, 2024
- Figure 3: Global Toluene Market by Production Process Type, 2024
- Figure 4: Global Toluene Market by Application, 2024
- Figure 5: Global Toluene Market by Region, 2024
- Figure 6: Global Toluene Market (in US$ Million), 2025-2034
- Figure 7: Global Toluene Market by Derivatives Type (in %), 2024 & 2034
- Figure 8: Global Benzene & Xylene Toluene Market (in US$ Million), 2020-2024
- Figure 9: Global Benzene & Xylene Toluene Market (in US$ Million), 2025-2034
- Figure 10: Global Toluene Diisocyanates Toluene Market (in US$ Million), 2020-2024
- Figure 11: Global Toluene Diisocyanates Toluene Market (in US$ Million), 2025-2034
- Figure 12: Global Solvents Toluene Market (in US$ Million), 2020-2024
- Figure 13: Global Solvents Toluene Market (in US$ Million), 2025-2034
- Figure 14: Global Gasoline Additives Toluene Market (in US$ Million), 2020-2024
- Figure 15: Global Gasoline Additives Toluene Market (in US$ Million), 2025-2034
- Figure 16: Global Other Derivatives Types Toluene Market (in US$ Million), 2020-2024
- Figure 17: Global Other Derivatives Types Toluene Market (in US$ Million), 2025-2034
- Figure 18: Global Toluene Market by Production Process Type (in %), 2024 & 2034
- Figure 19: Global Reformate Process Toluene Market (in US$ Million), 2020-2024
- Figure 20: Global Reformate Process Toluene Market (in US$ Million), 2025-2034
- Figure 21: Global Pygas Process Toluene Market (in US$ Million), 2020-2024
- Figure 22: Global Pygas Process Toluene Market (in US$ Million), 2025-2034
- Figure 23: Global Coke/Coal Process Toluene Market (in US$ Million), 2020-2024
- Figure 24: Global Coke/Coal Process Toluene Market (in US$ Million), 2025-2034
- Figure 25: Global Styrene Process Toluene Market (in US$ Million), 2020-2024
- Figure 26: Global Styrene Process Toluene Market (in US$ Million), 2025-2034
- Figure 27: Global Toluene Market by Application (in %), 2024 & 2034
- Figure 28: Global Gasoline Toluene Market (in US$ Million), 2020-2024
- Figure 29: Global Gasoline Toluene Market (in US$ Million), 2025-2034
- Figure 30: Global STDP/TPX Toluene Market (in US$ Million), 2020-2024
- Figure 31: Global STDP/TPX Toluene Market (in US$ Million), 2025-2034
- Figure 32: Global Solvents Toluene Market (in US$ Million), 2020-2024
- Figure 33: Global Solvents Toluene Market (in US$ Million), 2025-2034
- Figure 34: Global Trans Alkylation (TA) Toluene Market (in US$ Million), 2020-2024
- Figure 35: Global Trans Alkylation (TA) Toluene Market (in US$ Million), 2025-2034
- Figure 36: Global Hydrodealkylation Toluene Market (in US$ Million), 2020-2024
- Figure 37: Global Hydrodealkylation Toluene Market (in US$ Million), 2025-2034
- Figure 38: Global Toluene Diisocyanate (TDI) Toluene Market (in US$ Million), 2020-2024
- Figure 39: Global Toluene Diisocyanate (TDI) Toluene Market (in US$ Million), 2025-2034
- Figure 40: Global Toluene Disproportionation (TDP) Toluene Market (in US$ Million), 2020-2024
- Figure 41: Global Toluene Disproportionation (TDP) Toluene Market (in US$ Million), 2025-2034
- Figure 42: Global Other Applications Toluene Market (in US$ Million), 2020-2024
- Figure 43: Global Other Applications Toluene Market (in US$ Million), 2025-2034
- Figure 44: Global Toluene Market by Region (in %), 2024 & 2034
- Figure 45: Europe Toluene Market (in US$ Million), 2020-2024
- Figure 46: Europe Toluene Market (in US$ Million), 2025-2034
- Figure 47: Europe Toluene Market by Country (in %), 2024 & 2034
- Figure 48: Germany Toluene Market (in US$ Million), 2020-2034
- Figure 49: United Kingdom Toluene Market (in US$ Million), 2020-2034
- Figure 50: France Toluene Market (in US$ Million), 2020-2034
- Figure 51: Italy Toluene Market (in US$ Million), 2020-2034
- Figure 52: Spain Toluene Market (in US$ Million), 2020-2034
- Figure 53: Russia Toluene Market (in US$ Million), 2020-2034
- Figure 54: Netherlands Toluene Market (in US$ Million), 2020-2034
- Figure 55: North America Toluene Market (in US$ Million), 2020-2024
- Figure 56: North America Toluene Market (in US$ Million), 2025-2034
- Figure 57: North America Toluene Market by Country (in %), 2024 & 2034
- Figure 58: United States Toluene Market (in US$ Million), 2020-2034
- Figure 59: Canada Toluene Market (in US$ Million), 2020-2034
- Figure 60: Asia Pacific Toluene Market (in US$ Million), 2020-2024
- Figure 61: Asia Pacific Toluene Market (in US$ Million), 2025-2034
- Figure 62: Asia Pacific Toluene Market by Country (in %), 2024 & 2034
- Figure 63: China Toluene Market (in US$ Million), 2020-2034
- Figure 64: Japan Toluene Market (in US$ Million), 2020-2034
- Figure 65: India Toluene Market (in US$ Million), 2020-2034
- Figure 66: South Korea Toluene Market (in US$ Million), 2020-2034
- Figure 67: Australia Toluene Market (in US$ Million), 2020-2034
- Figure 68: Indonesia Toluene Market (in US$ Million), 2020-2034
- Figure 69: Latin America Toluene Market (in US$ Million), 2020-2024
- Figure 70: Latin America Toluene Market (in US$ Million), 2025-2034
- Figure 71: Latin America Toluene Market by Country (in %), 2024 & 2034
- Figure 72: Mexico Toluene Market (in US$ Million), 2020-2034
- Figure 73: Brazil Toluene Market (in US$ Million), 2020-2034
- Figure 74: Argentina Toluene Market (in US$ Million), 2020-2034
- Figure 75: Middle East & Africa Toluene Market (in US$ Million), 2020-2024
- Figure 76: Middle East & Africa Toluene Market (in US$ Million), 2025-2034
- Figure 77: Middle East & Africa Toluene Market by Country (in %), 2024 & 2034
- Figure 78: Saudi Arabia Toluene Market (in US$ Million), 2020-2034
- Figure 79: Turkey Toluene Market (in US$ Million), 2020-2034
- Figure 80: Iran Toluene Market (in US$ Million), 2020-2034
- Figure 81: UAE Toluene Market (in US$ Million), 2020-2034
- Figure 82: Market Value Chain
- List of Tables
- Table 1: Global Toluene Market Portraiture
- Table 2: Global Toluene Market by Derivative Type (in US$ Million), 2024 & 2034
- Table 3: Global Toluene Market by Production Process Type (in US$ Million), 2024 & 2034
- Table 4: Global Toluene Market by Application (in US$ Million), 2024 & 2034
- Table 5: Global Toluene Market by Region (in US$ Million), 2024 & 2034
- Table 6: Europe Toluene Market by Country (in US$ Million), 2024 & 2034
- Table 7: North America Toluene Market by Country (in US$ Million), 2024 & 2034
- Table 8: Asia Pacific Toluene Market by Country (in US$ Million), 2024 & 2034
- Table 9: Latin America Toluene Market by Country (in US$ Million), 2024 & 2034
- Table 10: Middle East & Africa Toluene Market by Country (in US$ Million), 2024 & 2034
- Table 11: List of Key Players
Research Assistance
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