Press release
Global Toluene Diisocyanate Market Forecast To Grow At CAGR Of 4.97% Till Year 2021
Toluene diisocyanate (TDI) is a part of the diisocyanate family and refers to a pale yellow (pungent odor) or a colorless liquid (chemical) that is used in the manufacture of polyurethanes (PUs), primarily in flexible foam applications such as carpet and bedding underlay, furniture, and packaging applications. TDI also finds application in the manufacture of sealants, elastomers, adhesives, and coatings. The global TDI market is segmented based on end-users and geography. By end-users, the market is divided into flexible foam, coatings, elastomers, rigid foam, and adhesives and sealants.
Technavios analysts forecast the global toluene diisocyanate market to grow at a CAGR of 4.97% during the period 2017-2021.
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Covered in this report
The report covers the present scenario and the growth prospects of the global toluene diisocyanate market for 2017-2021. The report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.
The market is divided into the following segments based on geography:
Americas
APAC
EMEA
Technavio's report, Global Toluene Diisocyanate Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
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Key vendors
BASF
Cangzhou Dahua Group
Covestro
Mitsui Chemicals
The Dow Chemical Company
Other prominent vendors
China National Bluestar
Hanwha Chemical
KPX chemical
NAN YA PLASTICS CORPORATION
OCI
OVERSEAS POLYMERS
Tosoh
Vencorex
Wanhua Chemical Group
Yantai Juli Fine Chemical
Market driver
Increasing customer need and demand for TDI in mattresses, bedding, and furniture
For a full, detailed list, view our report
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Market challenge
Fluctuations in prices of natural gas or crude oil
For a full, detailed list, view our report
Market trend
Phosgenefree channel to TDI production
For a full, detailed list, view our report
Key questions answered in this report
What will the market size be in 2021 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
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