I searched it on google and got the below result.
a toolchain is a set of programming tools that are used to perform a complex >software development task or to create a software product, which is typically >another computer program or a set of related programs
From the above paragraph, I understood that toolchain or compiler toolchain is used in developing any software product such as OS (I am not sure please correct if I was wrong )
If so, I am presently using Ubuntu 16.04. And I found a compiler toolchain preinstalled on it. But OS is already developed completely so what is need of a toolchain here until and unless a separate software product is built?