Global Toluene Diisocyanate Market to Grow at Approx 4% (2019-2023) with BASF, ChemChina, Covestro, DowDuPont, Hanwha Group, and Wanhua Chemical Group Leading – ResearchAndMarkets.com

The "Global
Toluene Diisocyanate Market 2019-2023" report has been added to ResearchAndMarkets.com's
offering.

The toluene diisocyanate market will register a CAGR of almost 4% by
2023.

TDI-based flexible polyurethane foam offers excellent comfort feature to
being, mattresses, and pillows. It also offers outstanding cushioning
property, along with several other physical properties such as
lightweight, low odor, resiliency, and quick recovery to original shape
after compression.

Owing to these significant properties, flexible polyurethane foam is
extensively used in furniture as well. Flexible polyurethane foam has
several other features such as good air permeability and excellent
breathability. India, China the US, and Germany are the leading
consumers of flexible foam for furniture and bedding.

Rise in demand for rigid foam from diversified industries

Rigid polyurethane foam is significant in achieving environmental
benefits and increasing energy efficiency and reducing energy
consumption in construction and, thus, decreasing the project cost.

Thus, the increasing demand for rigid foam, owing to its benefits and
use in construction and automotive industries, is expected to accelerate
the growth of the global toluene diisocyanate market during the forecast
period.

High fluctuations in TDI prices

Although the global toluene dilsocyanate market is growing at a steady
rate still faces challenges owing to volatility in the prices of TDI.
The market is also influenced by fluctuations in crude oil prices, as
toluene (the key raw material used to produce TDI) is derived from crude
oil.

The fluctuations in crude oil prices impact the cost of raw material and
the final cost of TDI and adversely affect the profit margins of TDI
manufacturers.

Competitive Landscape

The market appears to be moderately concentrated and with the presence
of limited vendors. This market research report will help clients
identify new growth opportunities and design unique growth strategies by
providing a comprehensive analysis of the market's competitive landscape
and offering information on the products offered by companies.

Key Players

• BASF SE
• ChemChina
• Covestro
• DowDuPont
• Hanwha Group
• Wanhua Chemical Group

PART 01: EXECUTIVE SUMMARY

PART 02: SCOPE OF THE REPORT

PART 03: MARKET LANDSCAPE

• Market ecosystem
• Market characteristics
• Market segmentation analysis

PART 04: MARKET SIZING

• Market definition
• Market sizing 2018
• Market size and forecast 2018-2023

PART 05: FIVE FORCES ANALYSIS

PART 06: MARKET SEGMENTATION BY END-USER

• Comparison by end-user
• Wood/furniture - Market size and forecast 2018-2023
• CASE - Market size and forecast 2018-2023
• Automotive - Market size and forecast 2018-2023
• Diverse industries - Market size and forecast 2018-2023
• Market opportunity by end-user

PART 07: CUSTOMER LANDSCAPE

PART 08: GEOGRAPHIC LANDSCAPE

• Geographic comparison
• APAC - Market size and forecast 2018-2023
• Europe - Market size and forecast 2018-2023
• North America - Market size and forecast 2018-2023
• MEA - Market size and forecast 2018-2023
• South America - Market size and forecast 2018-2023
• Key leading countries
• Market opportunity

PART 09: DRIVERS AND CHALLENGES

PART 10: MARKET TRENDS

• Capacity expansions to accelerate market growth
• Production of phosgene-free toluene diisocyanate
• Rising construction activities in developing nations

PART 11: VENDOR LANDSCAPE

• Overview
• Landscape disruption
• Competitive scenario

PART 12: VENDOR ANALYSIS

• Vendors covered
• Vendor classification
• Market positioning of vendors
• BASF SE
• ChemChina
• Covestro AG
• DowDuPont
• Hanwha Group
• Wanhua Chemical Group Co. Ltd.

For more information about this report visit https://www.researchandmarkets.com/research/5mq5vd/global_toluene?w=4

View source version on businesswire.com: https://www.businesswire.com/news/home/20190322005198/en/

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