Toluene Diisocyanate Market By Application (Elastomers, Adhesive & Sealants, Flexible Foam, Coatings and Rigid Foam) - Global Industry Analysis And Forecast To 2025
Toluene Diisocyanate (TDI) is an organic compound, is manufactured in pure state. Toluene Diisocyanate (TDI) has six isomers, all isomers are colorless, but commercial samples can appear yellow in color. It is used for the manufacturing of flexible polyurethane foams, rigid foams, elastomers, also for boosting octane in gasoline; it also finds small application in manufacturing of benzoic acid, phenol & nitrobenzene, etc. Toluene Diisocyanate use is increasing due to; increase in demand for flexible foam around the globe in many economies, increased application in the production of automotive seats, etc. Therefore, the Toluene Diisocyanate Market is anticipated to expand and has tremendous scope during the forecast period. The global Toluene Diisocyanate Market anticipated to flourish in the future by growing at a significantly higher CAGR.
The global Toluene Diisocyanate Market is based on segment, by Application the market is segmented into Elastomers, Adhesive & Sealants, Flexible Foam, Coatings and Rigid Foam.
Toluene Diisocyanate Market, By Application
Adhesive & Sealants
On a global front, the Toluene Diisocyanate Market covers North America (United States, Canada and Mexico), Europe (Germany, UK, France, Russia, Italy, Rest of Europe), Asia-Pacific (China, Japan, South Korea, India, Southeast Asia, Rest of Asia-Pacific), South America (Brazil, Argentina, Columbia, Rest of South America) and Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, South Africa, Rest of MEA).
Toluene Diisocyanate Market, By Region
Rest of Europe
Rest of Asia-Pacific
Rest of South America
Middle East and Africa
Rest of MEA
The leading players in the market are Huntsman Corporation, ChemChina Petrochemicals Co. Ltd., BASF SE, The Dow Chemical Company, Nan Ya Plastics, BorsodChem, Bayer MaterialScience LLC, Mitsui Chemicals Inc., Overseas Polymers Pvt. Ltd. and Lyondell Chemical Company. The major players in the market are profiled in detail in view of qualities, for example, company portfolio, business strategies, financial overview, recent developments, and market share of the overall industry.
ChemChina Petrochemicals Co. Ltd.
The Dow Chemical Company
Nan Ya Plastics
Bayer MaterialScience LLC
Mitsui Chemicals Inc.
Overseas Polymers Pvt. Ltd.
Lyondell Chemical Company
Some of the key questions answered by the report are:
What was the market size in 2014 and forecast from 2015 to 2025?
What will be the industry market growth from 2015 to 2025?
What are the major drivers, restraints, opportunities, challenges, and industry trends and their impact on the market forecast?
What are the major segments leading the market growth and why?
Which are the leading players in the market and what are the major strategies adopted by them to sustain the market competition?