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Global Toluene Category - Procurement Market Intelligence Report

Global Toluene Category - Procurement Market Intelligence Report

About Toluene Market

Governments in some countries have mandated the maintenance of a minimum octane level in automotive fuels such as gasoline, as lower the octane level of fuel, higher its CO₂ emission. Suppliers of automotive fuels can either improve the purity level of their fuels or use a high-octane additive such as toluene to increase their octane levels, and suppliers prefer the latter due to its overall cost-effectiveness. Toluene has an octane rating of 114, which is higher than ethanol, another popular additive for fuels.

Covered in this report

The report provides actionable insights to improve source-to-contract cycle performance in the Global Toluene Market. It helps sourcing professionals formulate better category strategies, enhance savings, understand supplier and market challenges, and implement sourcing best practices.

SpendEdge’s report, Global Toluene Market, provides up-to-date information about market shifts and potential risks, as well as in-depth knowledge of products and services, which can help in planning and in executing category management activities. It focuses on the cost-saving aspects of procurement and on providing insights that can lead to optimization of category spend.

Category driver

  • The rise in demand from the automotive fuel industry
  • For a full, detailed list, view our report
Category constraints
  • Additional investments in monitoring compliance with labor laws
  • For a full, detailed list, view our report
Procurement best practices
  • Periodic audits of suppliers' facilities
  • For a full, detailed list, view our report
Key questions answered in this report
  • What are the market dynamics?
  • What are the key market trends?
  • What are the category growth drivers?
  • What are the constraints to category growth?
  • Who are the suppliers in this market?
  • What are the demand-supply shifts?
  • What are the major category requirements?
  • What are the procurement best practices in this market?


Press Release

SpendEdge Announces the Publication of its Procurement Research Report – Global Toluene Category - Procurement Market Intelligence Report 2017-2021.

SpendEdge recognizes the following companies as the key suppliers in the Global Toluene Category - Procurement Market Intelligence Report: Royal Dutch Shell, ExxonMobil, BP, SK Group, and CNPC.

Commenting on the report, an analyst from SpendEdge said: “Buyers must procure toluene from suppliers that have adopted sustainability practices over the years. Some of these practices include procurement of renewable raw materials and investment in research on replacement of raw materials derived from crude oil.”

According to the report, one of the key growth contributors for the global toluene market is the growing demand from the automotive fuel industry. Governments in some countries have mandated the maintenance of a minimum octane level in automotive fuels such as gasoline.

Further, the report states that a major procurement challenge faced by the buyers is the additional investments in monitoring suppliers’ compliance with labor laws. It is pertinent for buyers to evaluate and assess suppliers’ compliance with labor laws and international standards regarding workplace conditions.

Companies Mentioned

Royal Dutch Shell, ExxonMobil, BP, SK Group, and CNPC.

PART 1: CATEGORY AT A GLANCE
TAKEAWAY 01 | Market Overview
TAKEAWAY 02 | Demand and Supply Snapshot
TAKEAWAY 03 | Key Market Dynamics
TAKEAWAY 04 | Supply Market Highlights
TAKEAWAY 05 | Pricing Insights
TAKEAWAY 06 | Procurement Insights
PART 2: SCOPE OF THE REPORT
Category Definition
Research Methodology
PART 3: MARKET INSIGHTS
Category Spend Analysis
Category Maturity by Regions
Demand-Supply Shifts
Regional Demand-Supply Snapshot
Global Molasses Production Hubs
Market Developments
Regional Impact of Trends
Key Category Growth Drivers and Corresponding Regional Impacts
Major Category Growth Constraints and Corresponding Regional Impacts
Key Current Technological Innovations
Major Regulatory Frameworks
Strategic Sustainability Practices
Porter’s Five Forces
PESTLE Analysis
PART 4: SUPPLY MARKET INSIGHTS
Supplier Operational Capability Matrix
Other Prominent Suppliers by Region: Operational Capability Matrix
Supplier Functional Capability Matrix
Other Prominent Suppliers by Region: Functional Capability Matrix
Key Clients/Partners
Supplier Cost Breakup
Supplier Positioning Matrix
PART 5: PRICING INSIGHTS
Pricing Models Snapshot
Pricing Models – Pros and Cons
Indicative Pricing
PART 6: PROCUREMENT INSIGHTS
Major Category Requirements
Major Procurement Pain Points
Category Sourcing Evolution Matrix
Procurement Best Practices
Cost-saving Opportunities
Supplier Selection Criteria
Category Negotiation Strategies
SLA Terms
Supplier Evaluation Criteria
Category Risk Analysis
PART 7: TOP FIVE SUPPLIERS
Royal Dutch Shell
ExxonMobil
BP
SK Group
CNPC
PART 8: APPENDIX
Glossary
Key Notes
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