The global toluene market size is estimated at USD 29.47 billion in 2025 and is predicted to reach around USD 49.40 billion by 2034, accelerating at a CAGR of 5.88% from 2025 to 2034. The North America toluene market size surpassed USD 12.84 billion in 2024 and is expanding at a CAGR of 5.99% during the forecast period. The market sizing and forecasts are revenue-based (USD Million/Billion), with 2024 as the base year.
1.1. Research Objective
1.2. Scope of the Study
1.3. Definition
2.1. Research Approach
2.2. Data Sources
2.3. Assumptions & Limitations
3.1. Market Snapshot
4.1. Introduction
4.2. Market Classification and Scope
4.3. Industry Value Chain Analysis
4.3.1. Raw Material Procurement Analysis
4.3.2. Sales and Distribution Channel Analysis
4.3.3. Downstream Buyer Analysis
5.1. COVID-19 Landscape: Toluene Industry Impact
5.2. COVID 19 - Impact Assessment for the Industry
5.3. COVID 19 Impact: Global Major Government Policy
5.4. Market Trends and Opportunities in the COVID-19 Landscape
6.1. Market Dynamics
6.1.1. Market Drivers
6.1.2. Market Restraints
6.1.3. Market Opportunities
6.2. Porter’s Five Forces Analysis
6.2.1. Bargaining power of suppliers
6.2.2. Bargaining power of buyers
6.2.3. Threat of substitute
6.2.4. Threat of new entrants
6.2.5. Degree of competition
7.1.1. Company Market Share/Positioning Analysis
7.1.2. Key Strategies Adopted by Players
7.1.3. Vendor Landscape
7.1.3.1. List of Suppliers
7.1.3.2. List of Buyers
8.1. Toluene Market Revenue and Volume, by Derivative Type
8.1.1 Benzene & Xylene
8.1.1.1. Market Revenue and Volume Forecast
8.1.2. Toluene Diisocyanatos
8.1.2.1. Market Revenue and Volume Forecast
8.1.3. Gasoline Additives
8.1.3.1. Market Revenue and Volume Forecast
8.1.4. Others
8.1.4.1. Market Revenue and Volume Forecast
9.1. Toluene Market Revenue and Volume, by Application
9.1.1. Drugs
9.1.1.1. Market Revenue and Volume Forecast
9.1.2. Dyes
9.1.2.1. Market Revenue and Volume Forecast
9.1.3. Blending
9.1.3.1. Market Revenue and Volume Forecast
9.1.4. Cosmetic Nail Products
9.1.4.1. Market Revenue and Volume Forecast
9.1.5. Others
9.1.5.1. Market Revenue and Volume Forecast
10.1. Toluene Market Revenue and Volume, by Production Process
10.1.1. Reformate Processes
10.1.1.1. Market Revenue and Volume Forecast
10.1.2. Pygas Processes
10.1.2.1. Market Revenue and Volume Forecast
10.1.3. Coke/Coal Processes
10.1.3.1. Market Revenue and Volume Forecast
10.1.4. Styrene Processes
10.1.4.1. Market Revenue and Volume Forecast
11.1. North America
11.1.1. Market Revenue and Volume Forecast, by Derivative Type
11.1.2. Market Revenue and Volume Forecast, by Application
11.1.3. Market Revenue and Volume Forecast, by Production Process
11.1.4. U.S.
11.1.4.1. Market Revenue and Volume Forecast, by Derivative Type
11.1.4.2. Market Revenue and Volume Forecast, by Application
11.1.4.3. Market Revenue and Volume Forecast, by Production Process
11.1.5. Rest of North America
11.1.5.1. Market Revenue and Volume Forecast, by Derivative Type
11.1.5.2. Market Revenue and Volume Forecast, by Application
11.1.5.3. Market Revenue and Volume Forecast, by Production Process
11.2. Europe
11.2.1. Market Revenue and Volume Forecast, by Derivative Type
11.2.2. Market Revenue and Volume Forecast, by Application
11.2.3. Market Revenue and Volume Forecast, by Production Process
11.2.4. UK
11.2.4.1. Market Revenue and Volume Forecast, by Derivative Type
11.2.4.2. Market Revenue and Volume Forecast, by Application
11.2.4.3. Market Revenue and Volume Forecast, by Production Process
11.2.5. Germany
11.2.5.1. Market Revenue and Volume Forecast, by Derivative Type
11.2.5.2. Market Revenue and Volume Forecast, by Application
11.2.5.3. Market Revenue and Volume Forecast, by Production Process
11.2.6. France
11.2.6.1. Market Revenue and Volume Forecast, by Derivative Type
11.2.6.2. Market Revenue and Volume Forecast, by Application
11.2.6.3. Market Revenue and Volume Forecast, by Production Process
11.2.7. Rest of Europe
11.2.7.1. Market Revenue and Volume Forecast, by Derivative Type
11.2.7.2. Market Revenue and Volume Forecast, by Application
11.2.7.3. Market Revenue and Volume Forecast, by Production Process
11.3. APAC
11.3.1. Market Revenue and Volume Forecast, by Derivative Type
11.3.2. Market Revenue and Volume Forecast, by Application
11.3.3. Market Revenue and Volume Forecast, by Production Process
11.3.4. India
11.3.4.1. Market Revenue and Volume Forecast, by Derivative Type
11.3.4.2. Market Revenue and Volume Forecast, by Application
11.3.4.3. Market Revenue and Volume Forecast, by Production Process
11.3.5. China
11.3.5.1. Market Revenue and Volume Forecast, by Derivative Type
11.3.5.2. Market Revenue and Volume Forecast, by Application
11.3.5.3. Market Revenue and Volume Forecast, by Production Process
11.3.6. Japan
11.3.6.1. Market Revenue and Volume Forecast, by Derivative Type
11.3.6.2. Market Revenue and Volume Forecast, by Application
11.3.6.3. Market Revenue and Volume Forecast, by Production Process
11.3.7. Rest of APAC
11.3.7.1. Market Revenue and Volume Forecast, by Derivative Type
11.3.7.2. Market Revenue and Volume Forecast, by Application
11.3.7.3. Market Revenue and Volume Forecast, by Production Process
11.4. MEA
11.4.1. Market Revenue and Volume Forecast, by Derivative Type
11.4.2. Market Revenue and Volume Forecast, by Application
11.4.3. Market Revenue and Volume Forecast, by Production Process
11.4.4. GCC
11.4.4.1. Market Revenue and Volume Forecast, by Derivative Type
11.4.4.2. Market Revenue and Volume Forecast, by Application
11.4.4.3. Market Revenue and Volume Forecast, by Production Process
11.4.5. North Africa
11.4.5.1. Market Revenue and Volume Forecast, by Derivative Type
11.4.5.2. Market Revenue and Volume Forecast, by Application
11.4.5.3. Market Revenue and Volume Forecast, by Production Process
11.4.6. South Africa
11.4.6.1. Market Revenue and Volume Forecast, by Derivative Type
11.4.6.2. Market Revenue and Volume Forecast, by Application
11.4.6.3. Market Revenue and Volume Forecast, by Production Process
11.4.7. Rest of MEA
11.4.7.1. Market Revenue and Volume Forecast, by Derivative Type
11.4.7.2. Market Revenue and Volume Forecast, by Application
11.4.7.3. Market Revenue and Volume Forecast, by Production Process
11.5. Latin America
11.5.1. Market Revenue and Volume Forecast, by Derivative Type
11.5.2. Market Revenue and Volume Forecast, by Application
11.5.3. Market Revenue and Volume Forecast, by Production Process
11.5.4. Brazil
11.5.4.1. Market Revenue and Volume Forecast, by Derivative Type
11.5.4.2. Market Revenue and Volume Forecast, by Application
11.5.4.3. Market Revenue and Volume Forecast, by Production Process
11.5.5. Rest of LATAM
11.5.5.1. Market Revenue and Volume Forecast, by Derivative Type
11.5.5.2. Market Revenue and Volume Forecast, by Application
11.5.5.3. Market Revenue and Volume Forecast, by Production Process
12.1. Exxon Mobil Corporation
12.1.1. Company Overview
12.1.2. Product Offerings
12.1.3. Financial Performance
12.1.4. Recent Initiatives
12.2. Royal Dutch Shell PLC
12.2.1. Company Overview
12.2.2. Product Offerings
12.2.3. Financial Performance
12.2.4. Recent Initiatives
12.3. TotalEnergies SE
12.3.1. Company Overview
12.3.2. Product Offerings
12.3.3. Financial Performance
12.3.4. Recent Initiatives
12.4. China Petroleum & Chemical Corporation
12.4.1. Company Overview
12.4.2. Product Offerings
12.4.3. Financial Performance
12.4.4. Recent Initiatives
12.5. BP plc
12.5.1. Company Overview
12.5.2. Product Offerings
12.5.3. Financial Performance
12.5.4. Recent Initiatives
12.6. LyondellBasell Industries N.V.
12.6.1. Company Overview
12.6.2. Product Offerings
12.6.3. Financial Performance
12.6.4. Recent Initiatives
12.7. Covestro AG
12.7.1. Company Overview
12.7.2. Product Offerings
12.7.3. Financial Performance
12.7.4. Recent Initiatives
12.8. Chevron Phillips Chemical Company LL
12.8.1. Company Overview
12.8.2. Product Offerings
12.8.3. Financial Performance
12.8.4. Recent Initiatives
12.9. China National Petroleum Corporation
12.9.1. Company Overview
12.9.2. Product Offerings
12.9.3. Financial Performance
12.9.4. Recent Initiatives
12.10. Braskem S.A.
12.10.1. Company Overview
12.10.2. Product Offerings
12.10.3. Financial Performance
12.10.4. Recent Initiatives
13.1. Primary Research
13.2. Secondary Research
13.3. Assumptions
14.1. About Us
14.2. Glossary of Terms
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