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Global Toluene Diisocyanate Market worth $ 8,015.8 Million by 2019


The Report “Global Toluene Diisocyanate Market by Application (Polyurethane Foam & Polyurethane CASE), by Geography (Asia-Pacific, Europe, North America & RoW) – Analysis & Forecast to 2019” is estimated to reach $ 8,015.8 million by 2019, at a CAGR of 5.4% from 2014 to 2019.

                                                    

Browse through the TOC of the Global Toluene Diisocyanate Market for an analysis of industry trends and segments, with the help of various tables and figures.

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The Global Toluene Diisocyanate Market, along with its end-products, has witnessed a linear growth in the past few years, and this growth is estimated to increase in the coming years. Toluene diisocyanate (TDI) is a member of the diisocyanate family associated with the polyurethane chemistry.

TDI is extensively used in the manufacturing of flexible polyurethane foams. These foams have numerous applications in different industries including furniture, automotive, footwear, and others. These foams are used as high resiliency foams for bedding and upholstery in furniture industry, in paints, coatings & adhesives for the construction industry, insulators in the appliance industry, and in other applications.

The global toluene diisocyanate market is significantly penetrating their end-user industries. They have different characteristics as per their manufacturing and application requirement in the end-products.

The Asia-Pacific region is expected to dominate this market with its growing demand for toluene diisocyanate in different applications, especially in the construction category. The Asia-Pacific and European markets are estimated to show a rising growth in the next five years, with the allied industries expected to stabilize the overall business need in the respective regions.

Investments and expansions is a key part of this market. The manufacturing companies, associations, and end-product manufacturers infuse high investments for future advancements and technology modifications of toluene diisocyanate to match the new demands coming from various end-user industries.
The Asia-Pacific is the largest region, both in terms of volume and value, followed by Europe and North America. China, India, U.S.,Germany, and Brazil are expected to persist as successful toluene diisocyanate markets.

The toluene diisocyanate demand, in terms of value and volume, depicts the current and future projections according to the parallel economic and industrial outlook. This analysis covers important developments, expansions, agreements, and mergers & acquisitions of the leading global companies.

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