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North America Toluene Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026

Market Overview:

The North America toluene market reached a volume of 8.41 Million Tons in 2020. Looking forward, IMARC Group expects the market to reach a volume of 9.76 Million Tons by 2026. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end use industries. These insights are included in the report as a major market contributor.

Toluene (C7H8), also known as methylbenzene, is an organic chemical compound which is obtained as a byproduct during the production of crude oil. It is a colorless, water-insoluble liquid with the typical odour of paint thinner. Due to the presence of benzene, toluene is considered an aromatic compound. Additionally, toluene exhibits beta-oxidant, depressant, hepatoprotective, anesthetic, and neurotransmitter properties. Owing to this, it finds wide applications in several downstream industries, such as textiles, food processing and other industrial chemical processes.

The North America toluene market is being currently driven by several factors. The increasing utilization of toluene as a solvent for various commercial products, including paints and glues, has spurred its demand in the chemical-based industries. Furthermore, toluene is utilized in the production of hair dyes and in the explosives industry to manufacture flammable compounds, thereby stimulating the market growth in the region. Apart from this, there is an escalated demand for toluene in the pharmaceutical industry to produce various drugs. These include penicillin G potassium, penicillin G sodium, acetanilide, norfloxacin, ciprofloxacin, acetyl salicylic acid, prednisone and caffeine. Thus, rapid technological advancements in the pharmaceutical industry have positively influenced the growth of toluene market in the region.

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each sub-segment of the North America toluene market, along with forecasts at the regional and country level from 2021-2026. Our report has categorized the market based on technology and application.

  • Key Regions Analysed
    • United States
    • Canada
    • Mexico
       
  • Analysis for Each Country
     
  • Market by Technology
    • Reformation 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
       
  • Value Chain Analysis
  • Key Drivers and Challenges
  • Porters Five Forces Analysis
  • PESTEL Analysis
  • Government Regulations
  • Competitive Landscape
    • Competitive Structure
    • Key Player Profiles
       

Report Coverage:

Report Features Details
Base Year of the Analysis 2020
Historical Period 2015-2020
Forecast Period 2021-2026
Units Million Tons
Segment Coverage Technology, Application, Country
Countries Covered United States, Canada, Mexico
Customization Scope 10% Free Customization
Report Price and Purchase Option Single User License $ 2499
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Post-Sale Analyst Support 10-12 Weeks
Delivery Format PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

 

Key Questions Answered in This Report:

  • How has the North America toluene market performed so far and how will it perform in the coming years?
  • What are the key regions in the North America toluene market?
  • What has been the impact of  COVID-19 on the North America toluene market?
  • What is the breakup of the North America toluene market on the basis of technology?
  • What is the breakup of the North America toluene market on the basis of application?
  • What are the various stages in the value chain of the North America toluene industry?
  • What are the key driving factors and challenges in the North America toluene industry?
  • What is the structure of the North America toluene industry and who are the key players?
  • What is the degree of competition in the North America toluene industry?
  • What are the profit margins in the North America toluene industry?

1    Preface
2    Scope and Methodology

    2.1    Objectives of the Study
    2.2    Stakeholders
    2.3    Data Sources
        2.3.1    Primary Sources
        2.3.2    Secondary Sources
    2.4    Market Estimation
        2.4.1    Bottom-Up Approach
        2.4.2    Top-Down Approach
    2.5    Forecasting Methodology
3    Executive Summary
4    Introduction

    4.1    Overview
    4.2    Key Industry Trends
5    Global Toluene Market
    5.1    Market Performance
    5.2    Market Breakup by Technology
    5.3    Market Breakup by Application
    5.4    Market Breakup by Region 
    5.5    Market Forecast 
6    North America Toluene Market
    6.1    Market Performance
    6.2    Impact of COVID-19
    6.3    Market Forecast 
7    North America Toluene Market: Breakup by Technology
    7.1    Reformation Process
    7.2    Pygas Process
    7.3    Coke/Coal Process
    7.4    Styrene Process
8    North America Toluene Market: Breakup by Application
    8.1    Gasoline
    8.2    STDP/TPX
    8.3    Solvents
    8.4    Trans Alkylation (TA)
    8.5    Hydrodealkylation
    8.6    Toluene Diisocyanate (TDI)
    8.7    Toluene Disproportionation (TDP)
    8.8    Others
9    North America Toluene Market: Breakup by Country 
    9.1   United States
     9.1.1    Historical market Trends
     9.1.2    Market Breakup by Technology
     9.1.3    Market Breakup by Application
     9.1.4    Market Forecast
    9.2   Canada
     9.2.1    Historical market Trends
     9.2.2    Market Breakup by Technology 
     9.2.3    Market Breakup by Application
     9.2.4    Market Forecast
    9.3   Mexico
     9.3.1    Historical market Trends
     9.3.2    Market Breakup by Technology 
     9.3.3    Market Breakup by Application
     9.3.4    Market Forecast
10    SWOT Analysis 
    10.1    Overview 
    10.2    Strengths
    10.3    Weaknesses 
    10.4    Opportunities
    10.5    Threats
11    Value Chain Analysis 
    11.1     Overview
    11.2     Research and Development
    11.3     Raw Material Procurement
    11.4     Manufacturing
    11.5     Distribution
    11.6     Export
    11.7     End-Use
12    Porter’s Five Forces Analysis 
    12.1     Overview
    12.2     Bargaining Power of Buyers
    12.3     Bargaining Power of Suppliers
    12.4     Degree of Rivalry
    12.5     Threat of New Entrants
    12.6     Threat of Substitutes
13    Price Analysis 
14    Competitive Landscape

    14.1    Market Structure
    14.2    Key Players
    14.3    Profiles of Key Players

List of Figures

Figure 1: Global: Toluene Market: Volume Trends (in Million Tons), 2015-2020
Figure 2: Global: Toluene Market: Breakup by Technology (in %), 2020
Figure 3: Global: Toluene Market: Breakup by Application (in %), 2020
Figure 4: Global: Toluene Market: Breakup by Region (in %), 2020
Figure 5: Global: Toluene Market Forecast: Volume Trends (in Million Tons), 2021-2026
Figure 6: North America: Toluene Market: Volume Trends (in Million Tons), 2015-2020
Figure 7: North America: Toluene Market Forecast: Volume Trends (in Million Tons), 2021-2026
Figure 8: North America: Toluene Market: Breakup by Technology (in %), 2020
Figure 9: North America: Toluene (Reformation Process) Market: Volume Trends (in ‘000 Tons), 2015 & 2020
Figure 10: North America: Toluene (Reformation Process) Market Forecast: Volume Trends (in ‘000 Tons), 2021-2026
Figure 11: North America: Toluene (Pygas Process) Market: Volume Trends (in ‘000 Tons), 2015 & 2020
Figure 12: North America: Toluene (Pygas Process) Market Forecast: Volume Trends (in ‘000 Tons), 2021-2026
Figure 13: North America: Toluene (Coke/Coal Process) Market: Volume Trends (in ‘000 Tons), 2015 & 2020
Figure 14: North America: Toluene (Coke/Coal Process) Market Forecast: Volume Trends (in ‘000 Tons), 2021-2026
Figure 15: North America: Toluene (Styrene Process) Market: Volume Trends (in ‘000 Tons), 2015 & 2020
Figure 16: North America: Toluene (Styrene Process) Market Forecast: Volume Trends (in ‘000 Tons), 2021-2026
Figure 17: North America: Toluene Market: Breakup by Application (in %), 2020
Figure 18: North America: Toluene (Gasoline) Market: Volume Trends (in ‘000 Tons), 2015 & 2020
Figure 19: North America: Toluene (Gasoline) Market Forecast: Volume Trends (in ‘000 Tons), 2021-2026
Figure 20: North America: Toluene (STDP/TPX) Market: Volume Trends (in ‘000 Tons), 2015 & 2020
Figure 21: North America: Toluene (STDP/TPX) Market Forecast: Volume Trends (in ‘000 Tons), 2021-2026
Figure 22: North America: Toluene (Solvents) Market: Volume Trends (in ‘000 Tons), 2015 & 2020
Figure 23: North America: Toluene (Solvents) Market Forecast: Volume Trends (in ‘000 Tons), 2021-2026
Figure 24: North America: Toluene (Trans Alkylation- TA) Market: Volume Trends (in ‘000 Tons), 2015 & 2020
Figure 25: North America: Toluene (Trans Alkylation- TA) Market Forecast: Volume Trends (in ‘000 Tons), 2021-2026
Figure 26: North America: Toluene (Hydrodealkylation) Market: Volume Trends (in ‘000 Tons), 2015 & 2020
Figure 27: North America: Toluene (Hydrodealkylation) Market Forecast: Volume Trends (in ‘000 Tons), 2021-2026
Figure 28: North America: Toluene (Toluene Diisocyanate- TDI) Market: Volume Trends (in ‘000 Tons), 2015 & 2020
Figure 29: North America: Toluene (Toluene Diisocyanate- TDI) Market Forecast: Volume Trends (in ‘000 Tons), 2021-2026
Figure 30: North America: Toluene (Toluene Disproportionation- TDP) Market: Volume Trends (in ‘000 Tons), 2015 & 2020
Figure 31: North America: Toluene (Toluene Disproportionation- TDP) Market Forecast: Volume Trends (in ‘000 Tons), 2021-2026
Figure 32: North America: Toluene (Other Applications) Market: Volume Trends (in ‘000 Tons), 2015 & 2020
Figure 33: North America: Toluene (Other Applications) Market Forecast: Volume Trends (in ‘000 Tons), 2021-2026
Figure 34: North America: Toluene Market: Breakup by Country (in %), 2020
Figure 35: United States: Toluene Market: Volume Trends (in ‘000 Tons), 2015-2020
Figure 36: United States: Toluene Market: Breakup by Technology (in %), 2020
Figure 37: United States: Toluene Market: Breakup by Application (in %), 2020
Figure 38: United States: Toluene Market Forecast: Volume Trends (in ‘000 Tons), 2021-2026
Figure 39: Canada: Toluene Market: Volume Trends (in ‘000 Tons), 2015-2020
Figure 40: Canada: Toluene Market: Breakup by Technology (in %), 2020
Figure 41: Canada: Toluene Market: Breakup by Application (in %), 2020
Figure 42: Canada: Toluene Market Forecast: Volume Trends (in ‘000 Tons), 2021-2026
Figure 43: Mexico: Toluene Market: Volume Trends (in ‘000 Tons), 2015-2020
Figure 44: Mexico: Toluene Market: Breakup by Technology (in %), 2020
Figure 45: Mexico: Toluene Market: Breakup by Application (in %), 2020
Figure 46: Mexico: Toluene Market Forecast: Volume Trends (in ‘000 Tons), 2021-2026
Figure 47: North America: Toluene Industry: SWOT Analysis
Figure 48: North America: Toluene Industry: Value Chain Analysis
Figure 49: North America: Toluene Industry: Porter’s Five Forces Analysis

List of Tables

Table 1: North America: Toluene Market: Key Industry Highlights, 2020 and 2026
Table 2: North America: Toluene Market Forecast: Breakup by Technology (in ‘000 Tons), 2021-2026
Table 3: North America: Toluene Market Forecast: Breakup by Application (in ‘000 Tons), 2021-2026
Table 4: North America: Toluene Market Forecast: Breakup by Country (in ‘000 Tons), 2021-2026
Table 5: North America: Toluene Market: Competitive Structure
Table 6: North America: Toluene Market: Key Players

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