Toluene Diisocynate (TDI)
Market
Toluene Diisocynate (TDI) Market Scope: Industry
Analysis, Market Size, Growth, Trends Till 2031
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Toluene Diisocynate (TDI) Market Size and Growth
The Toluene Diisocynate (TDI) market research reports indicate a steady growth in demand due to increasing application in various industries such as automotive, construction, and furniture. The market size for TDI is projected to reach $X billion by 2025, driven by rising demand for polyurethane foams and coatings.
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Companies Covered
(Covid 19 Impact Covered)
◍ BASF
◍ MCNS
◍ Covestro
◍ Hanwha Chemical
◍ GNFC
◍ OCI
◍ Cangzhou Dahua
◍ Gansu Yinguang
◍ Juli Fine Chemical
◍ Wanhua
The Toluene Diisocynate (TDI) market is highly competitive with key players like BASF, MCNS, Covestro, Hanwha Chemical, GNFC, OCI, Cangzhou Dahua, Gansu Yinguang, Juli Fine Chemical, and Wanhua. These companies use TDI in the production of flexible polyurethane foams, coatings, adhesives, and sealants, contributing to the growth of the TDI market.
- BASF: Sales revenue of $63.9 billion
- Covestro: Sales revenue of $14.1 billion
- Hanwha Chemical: Sales revenue of $16.5 billion
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Market Segmentation
By Application
Flexible Polyurethane Foams
Coating ◍ Adhesives & Sealants
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By Product
TDI 80/20
TDI 65/35
TDI 100
Market Growth
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$ X Billion USD
