Specialty Chemicals & Polymers · Direct
Monitoring · monthly
Procurement Category Intelligence

Solvents - Toluene

Overview
Market size
$29.5B
global, USD
CAGR
4.7%
base to forecast
Buyer power
-2.0
supplier-favoured
Suppliers
6
tracked players
Signals
12
4 high severity

Market outlook

2031$37.1B

What changed

Demand by region

Asia Pacific demand51%
North America demand21%
Europe demand14%
Middle East and Africa demand8%
Rest of world demand6%
share of global demandtotal 100%

Cost drivers

Crude Oil and Naphtha Feedstock55%
Refinery Extraction and Processing Energy20%
Logistics and Freight13%
Regulatory Compliance and Environmental Overhead7%
Supplier Operating Margin5%
share of delivered cost (analyst estimate)

Supplier watchlist

6 tracked