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
