Toluene diisocyanate is an aromatic isocyanate. It is used as an intermediate in the production of polyurethanes. It is also used as a cross-linking agent in the production of adhesives, sealants, and coatings. Toluene diisocyanate is a volatile organic compound and is classified as a hazardous air pollutant by the US Environmental Protection Agency.
The Global Toluene Diisocynate Market is expected to grow at a CAGR of roughly 4.6% over the next ten years and will reach USD 12.56 bn in 2028, from USD 7.97 bn in 2018, according to a new Market.us (Prudour Research) study. The increase in demand for polyurethane-based products, such as insulation materials, flexible foam, and rigid foam, is expected to drive the growth of the toluene diisocyanate market.
Market.us Explore recently announces that research report on “Global Toluene Diisocynate Market 2022” analyses the essential factors of the Toluene Diisocynate market based on present industry situations, market demands, business approach endorse by Toluene Diisocynate market players and their growth scenario. This report isolates the Toluene Diisocynate based on the key players, Type, Application and Regions.
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Competitive arena
BASF
Covestro
Mitsui
Borsodchem
Hanwha Chemical
Vencorex
GNFC
OCI
Tosoh
Cangzhou Dahua
Gansu Yinguang
Juli Fine Chemical
Fujian Southeast Electrochemical
Based on these product types mainly split into:
TDI 80/20
TDI 65/35
TDI 100
By Application is mainly split into:
Flexible Polyurethane Foams
Coating
Adhesives & Sealants
Regional terrain [Geographical bifurcation]:
• North America (USA and Canada)
• Europe (UK, Germany, France and the rest of Europe)
• Asia Pacific (China, Japan, India, and the rest of the Asia Pacific region)
• Latin America (Brazil, Mexico, and the rest of Latin America)
• Middle East and Africa (GCC and rest of the Middle East and Africa)
Key questions answered in the report:
What are your views on the growth prospect of the Toluene Diisocynate Market?
What are the key sustainability strategies adopted by leading players operating in the Toluene Diisocynate Market?
What are the new emerging technologies and use cases disrupting the Toluene Diisocynate Market?
Who are the key players and innovators in the ecosystem of the Toluene Diisocynate Market?
Which region is expected to hold the highest market share in the Toluene Diisocynate Market?