Tolylenediisocyanate Market Worth US$ 8488 Million By 2026 | CAGR 0.7% – Exclusive Report by The Market Reports

The global Tolylenediisocyanate market was valued at US$ 8079 million in 2019 and it is expected to reach US$ 8488 million by the end of 2026, growing at a CAGR of 0.7% during 2021-2026.

Toluenediisocyanate (TDI) is an organic compound with the formula CH3C6H3(NCO)2. Two of the six possible isomers are commercially important: 2,4-TDI (CAS: 584-84-9) and 2,6-TDI (CAS: 91-08-7). 2,4-TDI is produced in the pure state, but TDI is often marketed as 80/20 and 65/35 mixtures of the 2,4 and 2,6 isomers respectively. It is produced on a large scale, accounting for more than 30% of the global isocyanate market, second only to MDI. All isomers of TDI are colorless, although commercial samples can appear yellow.

Covestro, BASF, and Wanhua Chemical were the three biggest TDI manufacturers globally in 2018, with a market share of 22.47%, 22.76%, and 20.72% respectively.

China had the largest production market share during the past few years, and it was also the largest consumption, but the consumption market share decreased from 2014 to 2018, while other regions increased.

Global Tolylenediisocyanate Market: Drivers and Restrains

The research report has incorporated the analysis of different factors that augment the market’s growth. It constitutes trends, restraints, and drivers that transform the market in either a positive or negative manner. This section also provides the scope of different segments and applications that can potentially influence the market in the future. The detailed information is based on current trends and historic milestones. This section also provides an analysis of the volume of production about the global market and about each type from 2016 to 2027. This section mentions the volume of production by region from 2016 to 2027. Pricing analysis is included in the report according to each type from the year 2016 to 2027, manufacturer from 2016 to 2021, region from 2016 to 2021, and global price from 2016 to 2027.

A thorough evaluation of the restrains included in the report portrays the contrast to drivers and gives room for strategic planning. Factors that overshadow the market growth are pivotal as they can be understood to devise different bends for getting hold of the lucrative opportunities that are present in the ever-growing market. Additionally, insights into market expert’s opinions have been taken to understand the market better.

Global Tolylenediisocyanate Market: Segment Analysis

The research report includes specific segments by region (country), by manufacturers, by Type and by Application. Each type provides information about the production during the forecast period of 2016 to 2027.

Key Companies profiled in this report are Covestro, BASF, Wanhua Chemical, Sadara Chemical, Cangzhou Dahua Group, KPX Chemical, MCNS, Gansu Yinguang Chemical, Fujian Southeast Electrochemical, Yantai Juli Fine Chemical, GNFC, OCI, Karoon Petrochemical, Tosoh Corporation and more in terms of market share by sales, revenue, average pricing, product type, margins, recent developments etc.

Find more details at: https://www.themarketreports.com/report/global-tolylenediisocyanate-market-research-report

Segment by Type

  • TDI 80/20
  • TDI 65/35
  • TDI 100

Segment by Application

  • Flexible Foam
  • Coatings
  • Adhesives and Sealants
  • Elastomers
  • Others

Table of Content:

1 Tolylenediisocyanate Market Overview

2 Market Competition by Manufacturers

3 Production and Capacity by Region

4 Global Tolylenediisocyanate Consumption by Region

5 Production, Revenue, Price Trend by Type

6 Consumption Analysis by Application

7 Key Companies Profiled

8 Tolylenediisocyanate Manufacturing Cost Analysis

9 Marketing Channel, Distributors and Customers

10 Market Dynamics

11 Production and Supply Forecast

12 Consumption and Demand Forecast

13 Forecast by Type and by Application (2022-2027)

14 Research Finding and Conclusion

15 Methodology and Data Source

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