Toluene Diisocyanates Market Key Player profile, Size, Share, Growth, Trends, Demand, Industry Analysis and Regional Outlook by 2023

29/nov/2019 10:31:00 Tejas Amale Contatta l'autore

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Market Research Future Published in Research Study on Toluene Diisocyanates Market Research Report, Size, Share and Industry Analysis - Forecast to 2023

Competitive Analysis

Some of the prominent players in the global toluene diisocyanates (TDI) market are Tosoh Corporation (Japan), BASF SE (Germany), The Dow Chemical Company (US), LANXESS (Germany), Covestro (Germany), Mitsui Chemicals, Inc. (Japan), Wanhua Chemical Group Co. Ltd (China), Cangzhou Dahua Group Co. Ltd (China), China National Bluestar (Group) Co., Ltd (China), and Anderson Development (US).

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Toluene Diisocyanates Market - Overview

Toluene Diisocyanates (TDI) is a reactive chemical of colorless and flammable liquid. It is used to react with alcohol-based polymer to form polyurethane products. TDI is manufactured by the synthesis process of toluene, nitric acid and sulfuric acid mixture. It is further reacted with phosgene to produce TDI. The product application majorly found in industrial and consumer goods.

Market Segmentation

The global toluene diisocyanates (TDI) market has been segmented on the basis of form, application, and region.

By form, the global toluene diisocyanates (TDI) market has been segmented into 2,4-toluene diisocyanate, 2,6-toluene diisocyanate. These forms of isomers which are commercially found in mixtures of 80/20 of 2,4-TDI and 2,6-TDI.

On the basis of application, the global toluene diisocyanates (TDI) has been segmented as flexible foam, paints & coatings, elastomers, binders, adhesives and sealants, and others. Flexible account for the major market share of the product for automotive, carpet underlay and furniture. Paints & coatings are preferred to be the second most demanding application of the product in construction. 

Regional Analysis

Asia-Pacific, North America, Europe, Latin America, and the Middle East & Africa In 2017, Asia-Pacific accounted for the largest market share of the global toluene diisocyanates (TDI) market. Leaders in innovation in the region. China accounts for the major consumer of toluene diisocyanates (TDI), with more than quarter global market share in 2017.

Browse Key Industry insights spread across 180 pages with 21 market data tables & 12 figures & charts from the Report, “Toluene Diisocyanates (TDI) Market: Information by Forms (2,4-toluene diisocyanate, 2,6-toluene diisocyanate) Application (Flexible Foam, Paints & Coatings, Elastomers, Binders, Adhesives and Sealants), Region — Global Forecast till 2023” in detail along with the table of contents@

North America and Europe are the other significant regional markets for toluene diisocyanates (TDI). US and Germany are the leading countries for raising demand for PU foams, especially in furniture and automotive industry. Several manufacturers in the region focused on product innovation and advancements in processing technologies.

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