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Toluene Market, Global Outlook and Forecast 2022-2028

March 2022 | 73 pages | ID: T70FA77D2E69EN
Market Monitor Global

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Toluene is a colorless, liquid, and water-insoluble. It is a mono-substituted compound, consisting of a CH3 group that is attached to a phenyl group. Toluene, also known as methylbenzene, phenylmethane and toluol, is produced primarily by reforming naphtha during the production of gasoline.

This report contains market size and forecasts of Toluene in global, including the following market information:

Global Toluene Market Revenue, 2017-2022, 2023-2028, ($ millions)

Global Toluene Market Sales, 2017-2022, 2023-2028, (MT)

Global top five Toluene companies in 2021 (%)

The global Toluene market was valued at 19670 million in 2021 and is projected to reach US$ 24080 million by 2028, at a CAGR of 2.9% during the forecast period.

The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.

Benzene & Xylene Segment to Reach $ Million by 2028, with a % CAGR in next six years.

The global key manufacturers of Toluene include ExxonMobil, Covestro, SINOPEC, BASF, Shell, Formosa Chemicals & Fibre, Indian Oil, Dow and TOTAL. etc. In 2021, the global top five players have a share approximately % in terms of revenue.

MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Toluene manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.

Total Market by Segment:

Global Toluene Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (MT)

Global Toluene Market Segment Percentages, by Type, 2021 (%)
  • Benzene & Xylene
  • Toluene Diisocyanates
  • Solvents
  • Gasoline Additives
  • Others
Global Toluene Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (MT)

Global Toluene Market Segment Percentages, by Application, 2021 (%)
  • Oil & Gas
  • Building & Construction
  • Automotive
  • Healthcare
  • Packaging
  • Others
Global Toluene Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (MT)

Global Toluene Market Segment Percentages, By Region and Country, 2021 (%)
  • North America
    • US
    • Canada
    • Mexico
  • Europe
    • Germany
    • France
    • U.K.
    • Italy
    • Russia
    • Nordic Countries
    • Benelux
    • Rest of Europe
  • Asia
    • China
    • Japan
    • South Korea
    • Southeast Asia
    • India
    • Rest of Asia
  • South America
    • Brazil
    • Argentina
    • Rest of South America
  • Middle East & Africa
    • Turkey
    • Israel
    • Saudi Arabia
    • UAE
    • Rest of Middle East & Africa
Competitor Analysis

The report also provides analysis of leading market participants including:

Key companies Toluene revenues in global market, 2017-2022 (Estimated), ($ millions)

Key companies Toluene revenues share in global market, 2021 (%)

Key companies Toluene sales in global market, 2017-2022 (Estimated), (MT)

Key companies Toluene sales share in global market, 2021 (%)

Further, the report presents profiles of competitors in the market, key players include:
  • ExxonMobil
  • Covestro
  • SINOPEC
  • BASF
  • Shell
  • Formosa Chemicals & Fibre
  • Indian Oil
  • Dow
  • TOTAL
1 INTRODUCTION TO RESEARCH & ANALYSIS REPORTS

1.1 Toluene Market Definition
1.2 Market Segments
  1.2.1 Market by Type
  1.2.2 Market by Application
1.3 Global Toluene Market Overview
1.4 Features & Benefits of This Report
1.5 Methodology & Sources of Information
  1.5.1 Research Methodology
  1.5.2 Research Process
  1.5.3 Base Year
  1.5.4 Report Assumptions & Caveats

2 GLOBAL TOLUENE OVERALL MARKET SIZE

2.1 Global Toluene Market Size: 2021 VS 2028
2.2 Global Toluene Revenue, Prospects & Forecasts: 2017-2028
2.3 Global Toluene Sales: 2017-2028

3 COMPANY LANDSCAPE

3.1 Top Toluene Players in Global Market
3.2 Top Global Toluene Companies Ranked by Revenue
3.3 Global Toluene Revenue by Companies
3.4 Global Toluene Sales by Companies
3.5 Global Toluene Price by Manufacturer (2017-2022)
3.6 Top 3 and Top 5 Toluene Companies in Global Market, by Revenue in 2021
3.7 Global Manufacturers Toluene Product Type
3.8 Tier 1, Tier 2 and Tier 3 Toluene Players in Global Market
  3.8.1 List of Global Tier 1 Toluene Companies
  3.8.2 List of Global Tier 2 and Tier 3 Toluene Companies

4 SIGHTS BY PRODUCT

4.1 Overview
  4.1.1 By Type - Global Toluene Market Size Markets, 2021 & 2028
  4.1.2 Benzene & Xylene
  4.1.3 Toluene Diisocyanates
  4.1.4 Solvents
  4.1.5 Gasoline Additives
  4.1.6 Others
4.2 By Type - Global Toluene Revenue & Forecasts
  4.2.1 By Type - Global Toluene Revenue, 2017-2022
  4.2.2 By Type - Global Toluene Revenue, 2023-2028
  4.2.3 By Type - Global Toluene Revenue Market Share, 2017-2028
4.3 By Type - Global Toluene Sales & Forecasts
  4.3.1 By Type - Global Toluene Sales, 2017-2022
  4.3.2 By Type - Global Toluene Sales, 2023-2028
  4.3.3 By Type - Global Toluene Sales Market Share, 2017-2028
4.4 By Type - Global Toluene Price (Manufacturers Selling Prices), 2017-2028

5 SIGHTS BY APPLICATION

5.1 Overview
  5.1.1 By Application - Global Toluene Market Size, 2021 & 2028
  5.1.2 Oil & Gas
  5.1.3 Building & Construction
  5.1.4 Automotive
  5.1.5 Healthcare
  5.1.6 Packaging
  5.1.7 Others
5.2 By Application - Global Toluene Revenue & Forecasts
  5.2.1 By Application - Global Toluene Revenue, 2017-2022
  5.2.2 By Application - Global Toluene Revenue, 2023-2028
  5.2.3 By Application - Global Toluene Revenue Market Share, 2017-2028
5.3 By Application - Global Toluene Sales & Forecasts
  5.3.1 By Application - Global Toluene Sales, 2017-2022
  5.3.2 By Application - Global Toluene Sales, 2023-2028
  5.3.3 By Application - Global Toluene Sales Market Share, 2017-2028
5.4 By Application - Global Toluene Price (Manufacturers Selling Prices), 2017-2028

6 SIGHTS BY REGION

6.1 By Region - Global Toluene Market Size, 2021 & 2028
6.2 By Region - Global Toluene Revenue & Forecasts
  6.2.1 By Region - Global Toluene Revenue, 2017-2022
  6.2.2 By Region - Global Toluene Revenue, 2023-2028
  6.2.3 By Region - Global Toluene Revenue Market Share, 2017-2028
6.3 By Region - Global Toluene Sales & Forecasts
  6.3.1 By Region - Global Toluene Sales, 2017-2022
  6.3.2 By Region - Global Toluene Sales, 2023-2028
  6.3.3 By Region - Global Toluene Sales Market Share, 2017-2028
6.4 North America
  6.4.1 By Country - North America Toluene Revenue, 2017-2028
  6.4.2 By Country - North America Toluene Sales, 2017-2028
  6.4.3 US Toluene Market Size, 2017-2028
  6.4.4 Canada Toluene Market Size, 2017-2028
  6.4.5 Mexico Toluene Market Size, 2017-2028
6.5 Europe
  6.5.1 By Country - Europe Toluene Revenue, 2017-2028
  6.5.2 By Country - Europe Toluene Sales, 2017-2028
  6.5.3 Germany Toluene Market Size, 2017-2028
  6.5.4 France Toluene Market Size, 2017-2028
  6.5.5 U.K. Toluene Market Size, 2017-2028
  6.5.6 Italy Toluene Market Size, 2017-2028
  6.5.7 Russia Toluene Market Size, 2017-2028
  6.5.8 Nordic Countries Toluene Market Size, 2017-2028
  6.5.9 Benelux Toluene Market Size, 2017-2028
6.6 Asia
  6.6.1 By Region - Asia Toluene Revenue, 2017-2028
  6.6.2 By Region - Asia Toluene Sales, 2017-2028
  6.6.3 China Toluene Market Size, 2017-2028
  6.6.4 Japan Toluene Market Size, 2017-2028
  6.6.5 South Korea Toluene Market Size, 2017-2028
  6.6.6 Southeast Asia Toluene Market Size, 2017-2028
  6.6.7 India Toluene Market Size, 2017-2028
6.7 South America
  6.7.1 By Country - South America Toluene Revenue, 2017-2028
  6.7.2 By Country - South America Toluene Sales, 2017-2028
  6.7.3 Brazil Toluene Market Size, 2017-2028
  6.7.4 Argentina Toluene Market Size, 2017-2028
6.8 Middle East & Africa
  6.8.1 By Country - Middle East & Africa Toluene Revenue, 2017-2028
  6.8.2 By Country - Middle East & Africa Toluene Sales, 2017-2028
  6.8.3 Turkey Toluene Market Size, 2017-2028
  6.8.4 Israel Toluene Market Size, 2017-2028
  6.8.5 Saudi Arabia Toluene Market Size, 2017-2028
  6.8.6 UAE Toluene Market Size, 2017-2028

7 MANUFACTURERS & BRANDS PROFILES

7.1 ExxonMobil
  7.1.1 ExxonMobil Corporate Summary
  7.1.2 ExxonMobil Business Overview
  7.1.3 ExxonMobil Toluene Major Product Offerings
  7.1.4 ExxonMobil Toluene Sales and Revenue in Global (2017-2022)
  7.1.5 ExxonMobil Key News
7.2 Covestro
  7.2.1 Covestro Corporate Summary
  7.2.2 Covestro Business Overview
  7.2.3 Covestro Toluene Major Product Offerings
  7.2.4 Covestro Toluene Sales and Revenue in Global (2017-2022)
  7.2.5 Covestro Key News
7.3 SINOPEC
  7.3.1 SINOPEC Corporate Summary
  7.3.2 SINOPEC Business Overview
  7.3.3 SINOPEC Toluene Major Product Offerings
  7.3.4 SINOPEC Toluene Sales and Revenue in Global (2017-2022)
  7.3.5 SINOPEC Key News
7.4 BASF
  7.4.1 BASF Corporate Summary
  7.4.2 BASF Business Overview
  7.4.3 BASF Toluene Major Product Offerings
  7.4.4 BASF Toluene Sales and Revenue in Global (2017-2022)
  7.4.5 BASF Key News
7.5 Shell
  7.5.1 Shell Corporate Summary
  7.5.2 Shell Business Overview
  7.5.3 Shell Toluene Major Product Offerings
  7.5.4 Shell Toluene Sales and Revenue in Global (2017-2022)
  7.5.5 Shell Key News
7.6 Formosa Chemicals & Fibre
  7.6.1 Formosa Chemicals & Fibre Corporate Summary
  7.6.2 Formosa Chemicals & Fibre Business Overview
  7.6.3 Formosa Chemicals & Fibre Toluene Major Product Offerings
  7.6.4 Formosa Chemicals & Fibre Toluene Sales and Revenue in Global (2017-2022)
  7.6.5 Formosa Chemicals & Fibre Key News
7.7 Indian Oil
  7.7.1 Indian Oil Corporate Summary
  7.7.2 Indian Oil Business Overview
  7.7.3 Indian Oil Toluene Major Product Offerings
  7.7.4 Indian Oil Toluene Sales and Revenue in Global (2017-2022)
  7.7.5 Indian Oil Key News
7.8 Dow
  7.8.1 Dow Corporate Summary
  7.8.2 Dow Business Overview
  7.8.3 Dow Toluene Major Product Offerings
  7.8.4 Dow Toluene Sales and Revenue in Global (2017-2022)
  7.8.5 Dow Key News
7.9 TOTAL
  7.9.1 TOTAL Corporate Summary
  7.9.2 TOTAL Business Overview
  7.9.3 TOTAL Toluene Major Product Offerings
  7.9.4 TOTAL Toluene Sales and Revenue in Global (2017-2022)
  7.9.5 TOTAL Key News

8 GLOBAL TOLUENE PRODUCTION CAPACITY, ANALYSIS

8.1 Global Toluene Production Capacity, 2017-2028
8.2 Toluene Production Capacity of Key Manufacturers in Global Market
8.3 Global Toluene Production by Region

9 KEY MARKET TRENDS, OPPORTUNITY, DRIVERS AND RESTRAINTS

9.1 Market Opportunities & Trends
9.2 Market Drivers
9.3 Market Restraints

10 TOLUENE SUPPLY CHAIN ANALYSIS

10.1 Toluene Industry Value Chain
10.2 Toluene Upstream Market
10.3 Toluene Downstream and Clients
10.4 Marketing Channels Analysis
  10.4.1 Marketing Channels
  10.4.2 Toluene Distributors and Sales Agents in Global

11 CONCLUSION

12 APPENDIX

12.1 Note
12.2 Examples of Clients
12.3 Disclaimer

LIST OF TABLES

Table 1. Key Players of Toluene in Global Market
Table 2. Top Toluene Players in Global Market, Ranking by Revenue (2021)
Table 3. Global Toluene Revenue by Companies, (US$, Mn), 2017-2022
Table 4. Global Toluene Revenue Share by Companies, 2017-2022
Table 5. Global Toluene Sales by Companies, (MT), 2017-2022
Table 6. Global Toluene Sales Share by Companies, 2017-2022
Table 7. Key Manufacturers Toluene Price (2017-2022) & (USD/MT)
Table 8. Global Manufacturers Toluene Product Type
Table 9. List of Global Tier 1 Toluene Companies, Revenue (US$, Mn) in 2021 and Market Share
Table 10. List of Global Tier 2 and Tier 3 Toluene Companies, Revenue (US$, Mn) in 2021 and Market Share
Table 11. By Type – Global Toluene Revenue, (US$, Mn), 2021 & 2028
Table 12. By Type - Global Toluene Revenue (US$, Mn), 2017-2022
Table 13. By Type - Global Toluene Revenue (US$, Mn), 2023-2028
Table 14. By Type - Global Toluene Sales (MT), 2017-2022
Table 15. By Type - Global Toluene Sales (MT), 2023-2028
Table 16. By Application – Global Toluene Revenue, (US$, Mn), 2021 & 2028
Table 17. By Application - Global Toluene Revenue (US$, Mn), 2017-2022
Table 18. By Application - Global Toluene Revenue (US$, Mn), 2023-2028
Table 19. By Application - Global Toluene Sales (MT), 2017-2022
Table 20. By Application - Global Toluene Sales (MT), 2023-2028
Table 21. By Region – Global Toluene Revenue, (US$, Mn), 2021 VS 2028
Table 22. By Region - Global Toluene Revenue (US$, Mn), 2017-2022
Table 23. By Region - Global Toluene Revenue (US$, Mn), 2023-2028
Table 24. By Region - Global Toluene Sales (MT), 2017-2022
Table 25. By Region - Global Toluene Sales (MT), 2023-2028
Table 26. By Country - North America Toluene Revenue, (US$, Mn), 2017-2022
Table 27. By Country - North America Toluene Revenue, (US$, Mn), 2023-2028
Table 28. By Country - North America Toluene Sales, (MT), 2017-2022
Table 29. By Country - North America Toluene Sales, (MT), 2023-2028
Table 30. By Country - Europe Toluene Revenue, (US$, Mn), 2017-2022
Table 31. By Country - Europe Toluene Revenue, (US$, Mn), 2023-2028
Table 32. By Country - Europe Toluene Sales, (MT), 2017-2022
Table 33. By Country - Europe Toluene Sales, (MT), 2023-2028
Table 34. By Region - Asia Toluene Revenue, (US$, Mn), 2017-2022
Table 35. By Region - Asia Toluene Revenue, (US$, Mn), 2023-2028
Table 36. By Region - Asia Toluene Sales, (MT), 2017-2022
Table 37. By Region - Asia Toluene Sales, (MT), 2023-2028
Table 38. By Country - South America Toluene Revenue, (US$, Mn), 2017-2022
Table 39. By Country - South America Toluene Revenue, (US$, Mn), 2023-2028
Table 40. By Country - South America Toluene Sales, (MT), 2017-2022
Table 41. By Country - South America Toluene Sales, (MT), 2023-2028
Table 42. By Country - Middle East & Africa Toluene Revenue, (US$, Mn), 2017-2022
Table 43. By Country - Middle East & Africa Toluene Revenue, (US$, Mn), 2023-2028
Table 44. By Country - Middle East & Africa Toluene Sales, (MT), 2017-2022
Table 45. By Country - Middle East & Africa Toluene Sales, (MT), 2023-2028
Table 46. ExxonMobil Corporate Summary
Table 47. ExxonMobil Toluene Product Offerings
Table 48. ExxonMobil Toluene Sales (MT), Revenue (US$, Mn) and Average Price (USD/MT) (2017-2022)
Table 49. Covestro Corporate Summary
Table 50. Covestro Toluene Product Offerings
Table 51. Covestro Toluene Sales (MT), Revenue (US$, Mn) and Average Price (USD/MT) (2017-2022)
Table 52. SINOPEC Corporate Summary
Table 53. SINOPEC Toluene Product Offerings
Table 54. SINOPEC Toluene Sales (MT), Revenue (US$, Mn) and Average Price (USD/MT) (2017-2022)
Table 55. BASF Corporate Summary
Table 56. BASF Toluene Product Offerings
Table 57. BASF Toluene Sales (MT), Revenue (US$, Mn) and Average Price (USD/MT) (2017-2022)
Table 58. Shell Corporate Summary
Table 59. Shell Toluene Product Offerings
Table 60. Shell Toluene Sales (MT), Revenue (US$, Mn) and Average Price (USD/MT) (2017-2022)
Table 61. Formosa Chemicals & Fibre Corporate Summary
Table 62. Formosa Chemicals & Fibre Toluene Product Offerings
Table 63. Formosa Chemicals & Fibre Toluene Sales (MT), Revenue (US$, Mn) and Average Price (USD/MT) (2017-2022)
Table 64. Indian Oil Corporate Summary
Table 65. Indian Oil Toluene Product Offerings
Table 66. Indian Oil Toluene Sales (MT), Revenue (US$, Mn) and Average Price (USD/MT) (2017-2022)
Table 67. Dow Corporate Summary
Table 68. Dow Toluene Product Offerings
Table 69. Dow Toluene Sales (MT), Revenue (US$, Mn) and Average Price (USD/MT) (2017-2022)
Table 70. TOTAL Corporate Summary
Table 71. TOTAL Toluene Product Offerings
Table 72. TOTAL Toluene Sales (MT), Revenue (US$, Mn) and Average Price (USD/MT) (2017-2022)
Table 73. Toluene Production Capacity (MT) of Key Manufacturers in Global Market, 2020-2022 (MT)
Table 74. Global Toluene Capacity Market Share of Key Manufacturers, 2020-2022
Table 75. Global Toluene Production by Region, 2017-2022 (MT)
Table 76. Global Toluene Production by Region, 2023-2028 (MT)
Table 77. Toluene Market Opportunities & Trends in Global Market
Table 78. Toluene Market Drivers in Global Market
Table 79. Toluene Market Restraints in Global Market
Table 80. Toluene Raw Materials
Table 81. Toluene Raw Materials Suppliers in Global Market
Table 82. Typical Toluene Downstream
Table 83. Toluene Downstream Clients in Global Market
Table 84. Toluene Distributors and Sales Agents in Global Market

LIST OF FIGURES

Figure 1. Toluene Segment by Type
Figure 2. Toluene Segment by Application
Figure 3. Global Toluene Market Overview: 2021
Figure 4. Key Caveats
Figure 5. Global Toluene Market Size: 2021 VS 2028 (US$, Mn)
Figure 6. Global Toluene Revenue, 2017-2028 (US$, Mn)
Figure 7. Toluene Sales in Global Market: 2017-2028 (MT)
Figure 8. The Top 3 and 5 Players Market Share by Toluene Revenue in 2021
Figure 9. By Type - Global Toluene Sales Market Share, 2017-2028
Figure 10. By Type - Global Toluene Revenue Market Share, 2017-2028
Figure 11. By Type - Global Toluene Price (USD/MT), 2017-2028
Figure 12. By Application - Global Toluene Sales Market Share, 2017-2028
Figure 13. By Application - Global Toluene Revenue Market Share, 2017-2028
Figure 14. By Application - Global Toluene Price (USD/MT), 2017-2028
Figure 15. By Region - Global Toluene Sales Market Share, 2017-2028
Figure 16. By Region - Global Toluene Revenue Market Share, 2017-2028
Figure 17. By Country - North America Toluene Revenue Market Share, 2017-2028
Figure 18. By Country - North America Toluene Sales Market Share, 2017-2028
Figure 19. US Toluene Revenue, (US$, Mn), 2017-2028
Figure 20. Canada Toluene Revenue, (US$, Mn), 2017-2028
Figure 21. Mexico Toluene Revenue, (US$, Mn), 2017-2028
Figure 22. By Country - Europe Toluene Revenue Market Share, 2017-2028
Figure 23. By Country - Europe Toluene Sales Market Share, 2017-2028
Figure 24. Germany Toluene Revenue, (US$, Mn), 2017-2028
Figure 25. France Toluene Revenue, (US$, Mn), 2017-2028
Figure 26. U.K. Toluene Revenue, (US$, Mn), 2017-2028
Figure 27. Italy Toluene Revenue, (US$, Mn), 2017-2028
Figure 28. Russia Toluene Revenue, (US$, Mn), 2017-2028
Figure 29. Nordic Countries Toluene Revenue, (US$, Mn), 2017-2028
Figure 30. Benelux Toluene Revenue, (US$, Mn), 2017-2028
Figure 31. By Region - Asia Toluene Revenue Market Share, 2017-2028
Figure 32. By Region - Asia Toluene Sales Market Share, 2017-2028
Figure 33. China Toluene Revenue, (US$, Mn), 2017-2028
Figure 34. Japan Toluene Revenue, (US$, Mn), 2017-2028
Figure 35. South Korea Toluene Revenue, (US$, Mn), 2017-2028
Figure 36. Southeast Asia Toluene Revenue, (US$, Mn), 2017-2028
Figure 37. India Toluene Revenue, (US$, Mn), 2017-2028
Figure 38. By Country - South America Toluene Revenue Market Share, 2017-2028
Figure 39. By Country - South America Toluene Sales Market Share, 2017-2028
Figure 40. Brazil Toluene Revenue, (US$, Mn), 2017-2028
Figure 41. Argentina Toluene Revenue, (US$, Mn), 2017-2028
Figure 42. By Country - Middle East & Africa Toluene Revenue Market Share, 2017-2028
Figure 43. By Country - Middle East & Africa Toluene Sales Market Share, 2017-2028
Figure 44. Turkey Toluene Revenue, (US$, Mn), 2017-2028
Figure 45. Israel Toluene Revenue, (US$, Mn), 2017-2028
Figure 46. Saudi Arabia Toluene Revenue, (US$, Mn), 2017-2028
Figure 47. UAE Toluene Revenue, (US$, Mn), 2017-2028
Figure 48. Global Toluene Production Capacity (MT), 2017-2028
Figure 49. The Percentage of Production Toluene by Region, 2021 VS 2028
Figure 50. Toluene Industry Value Chain
Figure 51. Marketing Channels


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