Global Toluene Diisocyanate Market Report By Application (Flexible Foam, Rigid Foam, Coatings, Adhesive & Sealants, and Elastomers) And By Regions - Industry Trends, Size, Share, Growth, Estimation and Forecast, 2017-2024
ID:VMR11210020
April 2018
Report Formats:

Toluene Diisocyanate is the organic chemical compound used as a raw material for the production of polyurethane products. The rising demand for polyurethane across various manufacturing industries is projected to drive the growth of the toluene diisocyanate market. The increasing consumption of polyurethane across the production furniture, bed mattress, sofa etc. is other major factor fueling the toluene diisocyanate market.

As per the report added by Value Market Research, the Global Toluene Diisocyanate Market was valued USD 7,745.8 MN (by revenue) in 2017 and is anticipated to reach USD 10,710.5 MN by 2024 with a CAGR of 4.8%. By volume, the market was estimated at XX.X KT in 2017 and is expected to reach XX.X KT by 2024 with a CAGR of X.X%.
 
FLEXIBLE FOAM LEAD THE APPLICATION SEGMENT
Flexible foam is dominating the market over the forecast period and is likely to bring USD XX.X MN by the end of 2024. Whereas, in terms of volume, the market is projected to touch XX.X kilotons by 2024. Also, the demand for flexible foams is driving by increasing application in furniture as cushioning material. The flexible foams are utilizing in the automotive seats fitting that further boost the demand for flexible foam products. In terms of revenue, the flexible foam products market is expected to reach MN by 2024.
 
GROWING RESIDENTIAL ACTIVITIES ACCELERATING THE DEMAND OF TOLUENE DIISOCYANATE IN ASIA–PACIFIC REGION
APAC region is dominating the global TDI market. In terms of revenue, APAC is expected to reach XX.X MN at the end of 2024. Whereas, in terms of volume, the market is projected to trace 1,460.8 kilotons by end of 2024. The growing construction activities and the strong presence of automotive industry in the developing nation of the Asia-Pacific region have driven the toluene diisocyanate market growth. Also, the rise in residential construction is rising the demand for the various household product such as mattress, bedding materials etc. made from polyurethane is anticipated to drive the market growth of toluene diisocyanate market.
 
MAJOR COMPETITORS IN THE GLOBAL TOLUENE DIISOCYANATE MARKET
BASF SE, The Dow Chemical Company, Bayer Material Science LLC, Tosoh Corporation, BorsodChem Zrt, Yantai Juli Fine Chemical Co., Ltd., Cangzhou Dahua Group Co. Ltd., Mitsui Chemicals, Inc., and Vencorex Holding SAS are the prominent players in the global toluene diisocyanate market.

As per this study the Global Toluene Diisocyanate Market was valued USD 7,745.8 MN (by revenue) in 2017 and is anticipated to reach USD 10,710.5 MN by 2024 with a CAGR of 4.8%. By volume, the market was estimated toluene diisocyanate XX.X KT in 2017 and is expected to reach XX.X KT by 2024 with a CAGR of X.X%.
 
Toluene Diisocyanate (TDI) with chemical formula CH3C6H3 (NCO) 2 is a synthetic mixture of the 2, 4- and 2, 6-isomers, colorless to pale yellow liquid with a pungent smell. TDI is volatile in nature and soluble in many organic solvents. It is a key ingredient in the production of polyurethanes, primarily for flexible foam, which has numerous application in different industries such as furniture, bedding and carpet underlay, automotive, as well as packaging. These foams are used as high resiliency foams in bedding for wadding and padding and upholstery in the furniture industry, in paints, as coatings & adhesives for the construction industry, insulators in the appliance industry.
 
Objectives of the Study:

  • Define and measure the global toluene diisocyanate market
  • Volume and revenue forecast of the global toluene diisocyanate market and its various sub-segments with respect to main geographies
  • Analyze and identify major market trends along with the factors driving or inhibiting the market growth
  • Study the company profiles of the major market players with their market share
  • Analyze competitive developments
 
Market Dynamics
 
Growing demand for luxurious furniture coupled with the rising purchasing power of the consumer is likely to boost the TDI market growth. Besides, emerging sectors especially constructions, automotive, and electronics have resulted as a leading consumer of TDI. Moreover, expansion of chemical industry coupled with the development of infrastructure are also contributing towards the growth of TDI market. On the other hand, the fluctuating price of raw material coupled with the toxic nature of TDI is likely to hamper the growth of the market.
 
This detailed market study is centered on the data obtained from multiple sources and is analyzed using numerous tools including porter’s five forces analysis, market attractiveness analysis and value chain analysis. These tools are employed to gain insights of the potential value of the market facilitating the business strategists with the latest growth opportunities. Additionally, these tools also provide a detailed analysis of each application/product segment in the global market of toluene diisocyanate.
 
Market Segmentation
 
The broad toluene diisocyanate market has been sub-grouped into application. The report studies these subsets with respect to the geographical segmentation. The strategists can gain a detailed insight and devise appropriate strategies to target specific market. This detail will lead to a focused approach leading to identification of better opportunities.
 
By Application Market Share 2017
 
Toluene Diisocyanate Market By Application
 
By Application
  • Flexible Foam
  • Rigid Foam
  • Coatings
  • Adhesive & Sealants
  • Elastomers
 
Regional Analysis
 
Furthermore, the report comprises of the geographical segmentation which mainly focuses on current and forecast demand for toluene diisocyanate in North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The report further focuses on demand for individual application segments in all the regions.
 
Europe Toluene Diisocyanate Market By Revenue (USD MN)
 

 
The report also covers detailed competitive landscape including company profiles of key players operating in the global market. The key players in the toluene diisocyanate market includes BASF SE, The Dow Chemical Company, Bayer Material Science LLC, Tosoh Corporation, BorsodChem Zrt, Yantai Juli Fine Chemical Co., Ltd., Cangzhou Dahua Group Co. Ltd., Mitsui Chemicals, Inc., and Vencorex Holding SAS. An in-depth view of the competitive outlook includes future capacities, key mergers & acquisitions, financial overview, partnerships, collaborations, new product launches, new product developments and other developments with information in terms of H.Q.
 
Major Company Players Market Share
 
Major Players of Toluene Diisocyanate Market
 
METHODOLOGY:
 
A combination of primary and secondary research has been used to determine the market estimates and forecasts. Sources used for secondary research include (but not limited to) Paid Data Sources, Company Websites, Technical Journals, Annual Reports, SEC Filings and various other industry publications. Specific details on methodology used for this report can be provided on demand. 

1. INTRODUCTION

  • Introduction To Toluene diisocyanate  Market
  • Report Description
    • Objectives Of The Study
    • Assumptions
  • Research Scope
  • Research Methodology
    • Data Source
 
2. EXECUTIVE SUMMARY
  • Market Highlight
  • Global Toluene Diisocyanate Market: Snapshot
 
3. MARKET ANALYSIS
  • Drivers
  • Restraints
  • Opportunities
  • Porter’s Five Forces Analysis
  • Value Chain Analysis
 
4. TOLUENE DIISOCYANATE MARKET ANALYSIS BY APPLICATION
  • Market In Flexible Foam
  • Market In Rigid Foam
  • Market In Coatings
  • Market In Adhesive & Sealants
  • Market In Elastomers
 
5. TOLUENE DIISOCYANATE MARKET ANALYSIS BY GEOGRAPHY
  • North America (NA)
    • North America Market Estimates
    • North America Market Estimates By Country
    • United States (U.S.) Market Estimates By Segments
    • Canada Market Estimates By Segments
    • Mexico Market Estimates By Segments
  • Europe (EU)
    • Europe Market Estimates
    • Europe Market Estimates By Country
    • United Kingdom (UK) Market Estimates By Segments
    • Germany Market Estimates By Segments
    • France Market Estimates By Segments
    • Rest Of Europe Market Estimates By Segments
  • Asia Pacific (APAC)
    • Asia Pacific Market Estimates
    • Asia Pacific Market Estimates By Country  
    • China Market Estimates By Segments
    • Japan Market Estimates By Segments
    • India Market Estimates By Segments
    • Rest Of Asia Pacific Market Estimates By Segments  
  • Latin America (LA)   
    • Latin America Market Estimates
    • Latin America Market Estimates By Country
    • Brazil Market Estimates By Segments
    • Rest Of Latin America Market Estimates By Segments
  • Middle East And Africa (MEA)   
    • Middle East And Africa Market Estimates
    • Middle East And Africa Market Estimates By Country
    • Middle East Market Estimates By Segments
    • Africa Market Estimates By Segments
 
6. COMPETITIVE LANDSCAPE OF THE TOLUENE DIISOCYANATE COMPANIES
  • Market Competition
  • Partnerships/Collaborations/Agreements
  • Mergers And Acquisitions
  • New Product Launches
  • Other Developments
 
7. COMPANY PROFILES OF THE TOLUENE DIISOCYANATE INDUSTRY (Company Overview, Financial, Major Products & Recent Development)
  • BASF SE
  • The Dow Chemical Company
  • Bayer MaterialScience LLC
  • Tosoh Corporation
  • BorsodChem Zrt
  • Yantai Juli Fine Chemical Co., Ltd.
  • Cangzhou Dahua Group Co. Ltd.
  • Mitsui Chemicals, Inc.
  • Vencorex Holding SAS
 
* Tentative TOC
 
 
LIST OF TABLES
 
Table 1.  Market Highlights Of Toluene Diisocyanate
Table 2.  Global Toluene Diisocyanate Market By Application
Table 3.  Global Toluene Diisocyanate Market By Geography
Table 4.  North America Toluene Diisocyanate Market
Table 5.  Europe Toluene Diisocyanate Market
Table 6.  Asia Pacific Toluene Diisocyanate Market
Table 7.  Latin America Toluene Diisocyanate Market
Table 8.  Middle East And Africa Toluene Diisocyanate Market 
Table 9.  Partnership/Collaboration/Agreements
Table 10. Mergers And Acquisitions
Table 11. New Product Development
Table 12. Other Developments
  
LIST OF FIGURES
 
Fig. 1.     Market Segmentation Of Toluene Diisocyanate Market 
Fig. 2.     Top-Down Approach   
Fig. 3.     Bottom-Up Approach   
Fig. 4.     Market Highlights Of Toluene Diisocyanate
Fig. 5.     Value Chain Analysis
Fig. 6.     Porter’s Five Forces Analysis
Fig. 7.     Global Toluene Diisocyanate Market By Application
Fig. 8.     Global Toluene Diisocyanate Market By Geography
Fig. 9.     North America Toluene Diisocyanate Market
Fig. 10.   Europe Toluene Diisocyanate Market
Fig. 11.   Asia Pacific Toluene Diisocyanate Market
Fig. 12.   Latin America Toluene Diisocyanate Market
Fig. 13.   Middle East And Africa Toluene Diisocyanate Market
Fig. 14.   Market Share Of Toluene Diisocyanate Companies
Fig. 15.   Recent Developments In Toluene Diisocyanate Industry
 
 
* Kindly note that the above listed are the basic tables and figures of the report and are not limited to the TOC.

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