Global Toluene Diisocyanate (TDI) market cagr 7.5%

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Toluene Diisocyanate (TDI)

Market

Toluene Diisocyanate (TDI) Market Scope: Industry

Analysis, Market Size, Growth, Trends Till 2031

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Toluene Diisocyanate (TDI) Market Size and Growth

The Toluene Diisocyanate (TDI) market is projected to reach approximately USD 18 billion by 2027, driven by demand in flexible polyurethane foams, automotive, and construction industries. Market conditions indicate a growing focus on sustainable practices and regulatory compliance, influencing production and consumption trends. Supply chain stability remains a critical concern.

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Companies Covered

(Covid 19 Impact Covered)

◍ Covestro

◍ BASF

◍ Wanhua Group

◍ Cangzhou Dahua

The Toluene Diisocyanate (TDI) market features key players like Covestro, BASF, Wanhua Group, and Cangzhou Dahua, focusing on diverse applications in flexible foams and coatings. They drive market growth through innovation and expanding production capacities.

- Covestro: €14.3 billion (2022)

- BASF: €87 billion (2022)

- Wanhua Group: $9.6 billion (2021) Request Sample Report

Market Segmentation

By Application

Plastic

Coating

Rubber

Other

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By Product

Chemical Level

Analysis Level

Market Growth

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$ X Billion USD

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