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Toluene
Market, Supplier, Risk and
Competitive Intelligence

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Abi will answer all Toluene related
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Intelligence covers market and price outlook, SWOT analysis, demand & supply drivers, engagement models and Procurement best practices

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Intelligence on category covers the following aspects market outlook, supply market, SWOT analysis, Cost components & Price outlook, Demand and supply drivers, Engagement Models and Procurement Best Practices

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Assess Supplier Risk based on key risk and compliance parameters

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Supplier assessment covers the following parameters Financial Risk, Ethical, Labor, Environmental Compliance, IT Security.

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Supplier assessment is powered by world’s leading data partners including D&B, CreditSafe, Dow Jones, Refinitiv, Orpheus

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Identify right fit suppliers based on your selection criteria including revenue, capabilities, certification, geography

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Select suppliers based on industry, country, classification from a database of 4.2 mn suppliers. Get detailed supplier profiles with supplier capabilities, revenue, certifications, risk ratings

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Benchmark your category performance against peers and the market

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Measure category performance on 15 key parameters across cost, risk and strategy KPIs

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Get information on key factors affecting your supply

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Source Macro Data and Market Indices information from leading data sources across these key areas - Labor Rates, Currency, Energy, Country Risk, Trade Flow/Transportation, Port Data, Tariff, Weather and Epidemics

meet-abi-1

Abi will answer all Toluene related
procurement queries with relevant data points

Abi - AI powered digital procurement assistant

discover-market-info

Get up-to-date market and supplier info on Toluene to help you build

Intelligence covers market and price outlook, SWOT analysis, demand & supply drivers, engagement models and Procurement best practices

1

Intelligence on category covers the following aspects market outlook, supply market, SWOT analysis, Cost components & Price outlook, Demand and supply drivers, Engagement Models and Procurement Best Practices

manage-risk

Assess Supplier Risk based on key risk and compliance parameters

1

Supplier assessment covers the following parameters Financial Risk, Ethical, Labor, Environmental Compliance, IT Security.

2

Supplier assessment is powered by world’s leading data partners including D&B, CreditSafe, Dow Jones, Refinitiv, Orpheus

discover-supplier

Identify right fit suppliers based on your selection criteria including revenue, capabilities, certification, geography

1

Select suppliers based on industry, country, classification from a database of 4.2 mn suppliers. Get detailed supplier profiles with supplier capabilities, revenue, certifications, risk ratings

assess-category-perforamnce

Benchmark your category performance against peers and the market

1

Measure category performance on 15 key parameters across cost, risk and strategy KPIs

source-market-indices

Get information on key factors affecting your supply

1

Source Macro Data and Market Indices information from leading data sources across these key areas - Labor Rates, Currency, Energy, Country Risk, Trade Flow/Transportation, Port Data, Tariff, Weather and Epidemics

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Report Coverage

  • Competitor Landscape
  • Global Trade Outlook
  • Historical Pricing Trends
  • Market Trends

Production Size

Global Production Size/ Capacity

$28.4 billion (2019)

CAGR

1.1 percent

North America Production Size/ Capacity

21 percent

Europe Production Size/ Capacity

18 percent

Table of Contents

  1. Executive Summary
  2. Supply Market Outlook
  3. Demand Market Outlook
  4. Industry Best Practices
  5. COVID-19 Impact
  1. Market Analysis
  2. Global Market Size: Toluene
  3. Global Market Outlook
  4. Regional Market Outlook (North America, EU, and Asia)
  1. Industry Analysis
  2. Porter’s Five Forces Analysis
  3. Industry Drivers and Constraints
  4. Innovations and Industry Events
  1. Cost and Pricing Analysis
  2. Cost and Price Analysis
  3. Purchasing Process: RFP/RFI Questionnaire
  1. COVID-19 Impact
  2. Sourcing Location Watch
  3. Supplier Watch
  4. Industry Watch
  1. Supplier Performance Assessment
  2. KPI and SLA Components
  1. Industry Best Practices
  2. Optimal Engagement and Procurement Practices

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Toluene Global Market Outlook:

Market Growth: The global AC market was valued at approx. 1.65 MMT in 2017, and it is set to grow at a CAGR of 8.4 percent to reach 2.5–3 MMT by 2021

Growth Drivers: Regulatory actions across the major economies, increasing emphasis on water treatment, fuelled by the strong global economic growth across all sectors, are escalating the demand for AC

Porter's Analysis on Toluene

Supplier Power

  • Aromatics comes predominantly as a by-product in crude refining in the western markets: Production of toluene is quite low in the West as against Asia, where BTX units are set up. Toluene is mainly produced as a co-product in refinery gasoline stream. So, the industry is technically backward integrated, which results in complete control over the supply chain

Barriers to New Entrants

  • Huge capital cost on the back of changing feedstock dynamics, due to the shale gas advent: Barrier for entrants is higher due to the high capital cost involved in setting up a plant. The US has shifted to gas-based setup, which puts the toluene sector at a disadvantage

Intensity of Rivalry

  • Integrated facilities and import dependency: Comparatively, consolidated industry with complete control over the value chain starting from crude oil or naphtha
  • However, availability of material from Asia adds to the supply options for buyers, thus increasing the rivalry among domestic producers for the market share

Threat of Substitutes

  • There are no substitutes available for benzene in the derivative markets

Buyer Power

  • Buying power is low for small volume buyer (personal care product manufacturers): Mostly, toluene producers are forward integrated with production of gasoline and other fuels from crude oil
  • The demand for toluene in chemical derivative production remains considerably lower when compared to fuel production and so, the buyer power is very low

Toluene Frequently Asked Questions

  1. How has the global toluene market fared over the years?
  2. Beroe’s category intelligence suggests that the global toluene market revenue pegged $28.4 Bn in 2019 and is likely to swell at a steady 1.1% CAGR over the projection period.
  1. What are the major driving forces for the global toluene market?
  2. Greater focus on water treatment and favorable regulatory framework across the developed regions, underpinned by the sturdy worldwide economic progress across all industries, are auguring well for the global toluene market.
  1. Why do the suppliers have more power in the value chain?
  2. The aromatics are a major by-product of crude refining in the western geographies. In addition, the supply of toluene is low in these regions compared to Asia, which is home to BTX production units. Furthermore, toluene is primarily obtained as a co-product in refinery gasoline streams. As such, the industry is majorly backward integrated, offering complete control to the suppliers.
  1. How does the competitive landscape of the global toluene market look?
  2. The global toluene market is consolidated, with leading players controlling the entire value chain, from crude oil or naphtha. However, sufficient availability of raw materials from Asia increases supply options for purchasers, further intensifying the competition among local suppliers for the revenue share.
  1. What obstacles do new entrants face in the global toluene market?
  2. High capital expenses (CPEX) in establishing manufacturing facilities to keep pace with the evolving feedstock dynamics due to the advent of shale gas are creating hurdles for the market entrants.
  1. Is there any threat of substitute?
  2. Manufacturers do not face any threats of substitutes for toluene in the derivative markets.

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