TDI Market Scope: Industry Analysis, Market Size, Growth, Trends Till 2031
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TDI Market Size and Growth
TDI market research reports indicate robust demand driven by automotive and construction industries. The global TDI market size reached approximately $8 billion in 2023, with a projected CAGR of 5% over the next five years. Competitive dynamics and technological advancements are shaping market conditions and influencing strategic investments.
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Companies Covered (Covid 19 Impact Covered)
◍ Bayer
◍ Basf
◍ Mitsui
◍ BorsodChem(WanHua)
◍ China North
◍ ChemChina
◍ KPX (HanHua)
◍ VencoreX(PTT)
◍ Juli
◍ OCI
◍ OCI
◍ KRNPC
◍ Nan Ya Plastic
The TDI market features major players like Bayer, BASF, and Mitsui, enhancing growth through innovations and expanding production capacities. Companies like BorsodChem and ChemChina drive competitive pricing, while others such as VencoreX and OCI focus on sustainability initiatives, boosting market demand. Sales revenues vary, with some exceeding $3 billion.
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