Home » Chemical and Materials » Toluene Diisocyanate Market Size, Share, Analysis Report
Diisocyanates are the essential substance in the creation of numerous products especially in the construction industry and transportation industry. There are mainly two types of Diisocyanates such as Toluene Diisocyanate and Methylenediphenyl Diisocyanate. Toluene Diisocynate is chemical component mainly used in flexible foam applications such as bedding, furniture, carpet underlay and it is also used for packaging applications. It is also used in creation of polyurethanes. In transportation application Toluene Diisocyanate is used to produce saving weight, lighter automobile parts which help in development in energy prevention and fuel efficiency. Toluene Diisocyanate helps in the production of elastomers, adhesives, sealants and coatings.
The Toluene Diisocyanate market is expected to be around US$ 11.50 billion by 2027; growing at a CAGR of more than 4.5% in the given forecast period
The major driving factors of Toluene Diisocyanate market are as follows:
Growing demand from automotive seats will boost demand for Toluene Diisocyanate market.
Increasing demand from bedding industry and mattress industry is a main driving factor for Toluene Diisocyanate.
The restraining factors of Toluene Diisocyanate market are as follow
Volatile raw substance rate will slow down the market growth.
The Toluene Diisocyanate market is segmented on the lines of its applications and regional geography. Based on application segmentation the Toluene Diisocyanate market covers elastomers, adhesive and sealants, coatings, rigid foam and flexible foam. The Toluene Diisocyanate market is geographic segmentation covers various regions such as North America, Europe, Asia Pacific, Latin America, Middle East and Africa. Each geography market is further segmented to provide market revenue for select countries such as the U.S., Canada, U.K. Germany, China, Japan, India, Brazil, and GCC countries.
This report provides:
1) An overview of the global market for Toluene Diisocyanate and related technologies.
2) Analyses of global market trends, with data from 2019, estimates for 2020 and 2021, and projections of compound annual growth rates (CAGRs) through 2027.
3) Identifications of new market opportunities and targeted promotional plans for Toluene Diisocyanate.
4) Discussion of research and development, and the demand for new products and new applications.
5) Comprehensive company profiles of major players in the industry.
REPORT SCOPE:
The scope of the report includes a detailed study of global and regional markets for Toluene Diisocyanate with the reasons given for variations in the growth of the industry in certain regions.
The report covers detailed competitive outlook including the market share and company profiles of the key participants operating in the global market. Key players profiled in the report include BASF SE, Bayer MaterialScience LLC, Mitsui Chemicals, Inc., Huntsman Corporation, and The Dow Chemical Company. Company profile includes assign such as company summary, financial summary, business strategy and planning, SWOT analysis and current developments.
The Top Companies Report is intended to provide our buyers with a snapshot of the industry’s most influential players.
The Toluene Diisocyanate Market has been segmented as below:
By Application Analysis
Elastomers
Adhesive and sealants
Coatings
Rigid foam
Flexible foam
By Regional Analysis
North America
Europe
Asia-Pacific
Rest of the World
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2) Identify growth segments and opportunities in the industry.
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chapter 1 INTRODUCTION
1.1 Key Take Aways
1.2 Report Description
1.3 Markets Covered
1.4 Stakeholders
1.5 Research Methodology
1.5.1 Market Size
1.5.2 Market Share
1.5.3 Key Data Points From Secondary Sources
1.5.4 Key Data Points From Primary Sources
Chapter 2 Executive Summary
2.1 Global Toluene Diisocyanate Market, 2018–2024 (Kilo Tons) (US$ Mn)
2.2 Global Toluene Diisocyanate Market Snapshot, 2018–2024
Chapter 3 Toluene Diisocyanate Market – Industry Analysis
3.1 Introduction
3.2 Value Chain Analysis
3.2.1 Value Chain Analysis of the Global Toluene Diisocyanate Market
3.3 Market Drivers
3.3.1 Drivers for Global Toluene Diisocyanate Market: Impact Analysis
3.3.2 Growing Demand from Mattress and Bedding Industry is Expected to Boost Demand for Toluene Diisocyanate
3.3.2.1 Global Mattress Market, 2019 -2025(US$ Bn)
3.3.3 Automotive Seats – A Major Demand Driver for Toluene Diisocyanate
3.3.3.1 Global Automotive Seating Market, 2018–2024 (US$ Bn)
3.4 Market Restraints
3.4.1 Restraints for Global Toluene Diisocyanate Market: Impact Analysis
3.4.2 Volatile Raw Material Costs May Hamper Market Growth
3.4.2.1 Global Crude Oil Prices, 2008–2015 (US$/Barrel)
3.5 Opportunities
3.5.1 Commercialization of Phosgene-Free Isocyanate Production Process in the next few years
3.6 Porter’s Five Forces Analysis for Global Toluene Diisocyanate Market
3.6.1 Bargaining Power of Suppliers
3.6.2 Bargaining Power of Buyers
3.6.3 Threat of New Entrants
3.6.4 Threat from Substitutes
3.6.5 Degree of Competition
3.7 Global Toluene Diisocyanate Market: Market Attractiveness Analysis
3.7.1 Global Toluene Diisocyanate Market: Market Attractiveness Analysis
3.8 Global Toluene Diisocyanate Market: Company Market Share
3.8.1 Global Toluene Diisocyanate Market: Company Market Share, 2016
Chapter 4 Raw Material and Price Trend Analysis
4.1 Raw Material Analysis
4.2 Toluene Diisocyanate – Manufacturing Process
4.3 Global Raw Material Price Trends, 2018-2024
4.3.1 Global Raw Material Price Trends, 2018-2024 (US$/Ton)
4.4 Global Toluene Diisocyanate Price Trends, 2018-2024
4.4.1 Global Toluene Diisocyanate Price Trends, 2018-2024 (US$/Ton)
Chapter 5 Toluene Diisocyanate Market – Application Analysis
5.1 Global Toluene diisocyanate Market: Application Analysis
5.1.1 Global Toluene Diisocyanate Market Volume Share, by Application, 2017 and 2024
5.1.2 Flexible Foam
5.1.2.1 Global Toluene Diisocyanate Market for Flexible Foam, 2019 -2025(Kilo Tons) (US$ Mn)
5.1.3 Rigid Foam
5.1.3.1 Global Toluene Diisocyanate Market for Rigid Foam, 2019 -2025(Kilo Tons) (US$ Mn)
5.1.4 Coatings
5.1.4.1 Global Toluene Diisocyanate Market for Coatings, 2019 -2025(Kilo Tons) (US$ Mn)
5.1.5 Adhesives & Sealants
5.1.5.1 Global Toluene Diisocyanate Market for Adhesives & Sealants, 2019 -2025(Kilo Tons) (US$ Mn)
5.1.6 Elastomers
5.1.6.1 Global Toluene Diisocyanate Market for Elastomers, 2019 -2025(Kilo Tons) (US$ Mn)
Chapter 6 Toluene Diisocyanate Market – Regional Analysis
6.1 Global Toluene Diisocyanate Market: Regional Analysis
6.1.1 Global Toluene Diisocyanate Market Volume Share, By Region, 2018 And 2024
6.2 Global Toluene Diisocyanate Market, by Region
6.3 North America
6.3.1 North America Toluene Diisocyanate Market Volume, by Application, 2019 -2025 (Kilo Tons)
6.3.2 North America Toluene Diisocyanate Market Revenue, by Application, 2019 -2025 (US$ Mn)
6.4 U.S.
6.4.1 U.S. Toluene Diisocyanate Market Volume, by Application, 2019 -2025 (Kilo Tons)
6.4.2 U.S. Toluene Diisocyanate Market Revenue, by Application, 2019 -2025 (US$ Mn)
6.5 Rest of North America
6.5.1 Rest of North America Toluene Diisocyanate Market Volume, by Application, 2019 -2025 (Kilo Tons)
6.5.2 Rest of North America Toluene Diisocyanate Market Revenue, by Application, 2019 -2025 (US$ Mn)
6.6 Europe
6.6.1 Europe Toluene Diisocyanate Market Volume, by Application, 2019 -2025 (Kilo Tons)
6.6.2 Europe Toluene Diisocyanate Market Revenue, by Application, 2019 -2025 (US$ Mn)
6.7 U.K.
6.7.1 U.K. Toluene Diisocyanate Market Volume, by Application, 2019 -2025 (Kilo Tons)
6.7.2 U.K. Toluene Diisocyanate Market Revenue, by Application, 2019 -2025 (US$ Mn)
6.8 Germany
6.8.1 Germany Toluene Diisocyanate Market Volume, by Application, 2019 -2025 (Kilo Tons)
6.8.2 Germany Toluene Diisocyanate Market Revenue, by Application, 2019 -2025 (US$ Mn)
6.9 France
6.9.1 France Toluene Diisocyanate Market Volume, by Application, 2019 -2025 (Kilo Tons)
6.9.2 France Toluene Diisocyanate Market Revenue, by Application, 2019 -2025 (US$ Mn)
6.10 Spain
6.10.1 Spain Toluene Diisocyanate Market Volume, by Application, 2019 -2025 (Kilo Tons)
6.10.2 Spain Toluene Diisocyanate Market Revenue, by Application, 2019 -2025 (US$ Mn)
6.11 Italy
6.11.1 Italy Toluene Diisocyanate Market Volume, by Application, 2019 -2025 (Kilo Tons)
6.11.2 Italy Toluene Diisocyanate Market Revenue, by Application, 2019 -2025 (US$ Mn)
6.12 Rest of Europe
6.12.1 Rest of Europe Toluene Diisocyanate Market Volume, by Application, 2019 -2025 (Kilo Tons)
6.12.2 Rest of Europe Toluene Diisocyanate Market Revenue, by Application, 2019 -2025 (US$ Mn)
6.13 Asia Pacific
6.13.1 Asia Pacific Toluene Diisocyanate Market Volume, by Application, 2019 -2025 (Kilo Tons)
6.13.2 Asia Pacific Toluene Diisocyanate Market Revenue, by Application, 2019 -2025 (US$ Mn)
6.14 China
6.14.1 China Toluene Diisocyanate Market Volume, by Application, 2019 -2025 (Kilo Tons)
6.14.2 China Toluene Diisocyanate Market Revenue, by Application, 2019 -2025 (US$ Mn)
6.15 Japan
6.15.1 Japan Toluene Diisocyanate Market Volume, by Application, 2018- 2024 (Kilo Tons)
6.15.2 Japan Toluene Diisocyanate Market Revenue, by Application, 2019 -2025 (US$ Mn)
6.16 ASEAN
6.16.1 ASEAN Toluene Diisocyanate Market Volume, by Application, 2019 -2025 (Kilo Tons)
6.16.2 ASEAN Toluene Diisocyanate Market Revenue, by Application, 2019 -2025 (US$ Mn)
6.17 Rest of Asia Pacific
6.17.1 Rest of Asia Pacific Toluene Diisocyanate Market Volume, by Application, 2019 -2025 (Kilo Tons)
6.17.2 Rest of Asia Pacific Toluene Diisocyanate Market Revenue, by Application, 2019 -2025 (US$ Mn)
6.18 Latin America
6.18.1 Latin America Toluene Diisocyanate Market Volume, by Application, 2019 -2025 (Kilo Tons)
6.18.2 Latin America Toluene Diisocyanate Market Revenue, by Application, 2019 -2025 (US$ Mn)
6.19 Brazil
6.19.1 Brazil Toluene Diisocyanate Market Volume, by Application, 2019 -2025 (Kilo Tons)
6.19.2 Brazil Toluene Diisocyanate Market Revenue, by Application, 2019 -2025 (US$ Mn)
6.20 Rest of Latin America
6.20.1 Rest of Latin America Toluene Diisocyanate Market Volume, by Application, 2019 -2025 (Kilo Tons)
6.20.2 Rest of Latin America Toluene Diisocyanate Market Revenue, by Application, 2019 -2025 (US$ Mn)
6.21 Middle East and Africa
6.21.1 Middle East and Africa Toluene Diisocyanate Market Volume, by Application, 2019 -2025 (Kilo Tons)
6.21.2 Middle East and Africa Toluene Diisocyanate Market Revenue, by Application, 2019 -2025 (US$ Mn)
6.22 GCC
6.22.1 GCC Toluene Diisocyanate Market Volume, by Application, 2019 -2025 (Kilo Tons)
6.22.2 GCC Toluene Diisocyanate Market Revenue, by Application, 2019 -2025 (US$ Mn)
6.23 South Africa
6.23.1 South Africa Toluene Diisocyanate Market Volume, by Application, 2019 -2025 (Kilo Tons)
6.23.2 South Africa Toluene Diisocyanate Market Revenue, by Application, 2019 -2025 (US$ Mn)
6.24 Rest of Middle East and Africa
6.24.1 Rest of Middle East and Africa Toluene Diisocyanate Market Volume, by Application, 2019 -2025 (Kilo Tons)
6.24.2 Rest of Middle East and Africa Toluene Diisocyanate Market Revenue, by Application, 2019 -2025 (US$ Mn)
Chapter 7 Company Profiles
7.1 BASF SE
7.2 The Dow Chemical Company
7.3 Bayer MaterialScience LLC
7.4 Tosoh Corporation
7.5 BorsodChem Zrt
7.6 Yantai Juli Fine Chemical Co., Ltd.
7.7 Cangzhou Dahua Group Co. Ltd.
7.8 Mitsui Chemicals, Inc.
7.9 Vencorex Holding SAS
Chapter 8 Primary Findings
The Toluene Diisocyanate Market has been segmented as below:
By Application Analysis
Elastomers
Adhesive and sealants
Coatings
Rigid foam
Flexible foam
By Regional Analysis
North America
Europe
Asia-Pacific
Rest of the World
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