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Worldwide Toluene Diisocyanate Market 2017- Strategy Resources, Manufacturers,Supply and Forecasts 2023

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Latest industry research report on Toluene Diisocyanate Market. Organic compound with formulae CH3C6H3(NCO)2 is known as Toluene Diisocyanate. Furthermore, isocyanate functional groups in Toluene Diisocyanate form urethane, when it reacts with hydroxyl. Besides this TDI or Toluene Diisocyanate is also used to boost octane in gasoline. On the other hand, some of the minor chemical applications include the production of benzoic acid, phenol and nitrobenzene. There are several drivers and opportunities that are influencing the growth of the Toluene Diisocyanate market worldwide. Growing need for flexible foam across several countries is driving the TDI market. Moreover, flexible foam today sees great demand owing to its increasing customer need for mattress and bedding worldwide.

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On the other hand, rising demand for TDI application in the manufacturing of automotive seats is believed to observe a robust growth in the next 5 to 6 years. A closer look at the competitive landscape reveals that major IT brands are busy launching solutions and generating clients in the same month itself. Prominent market players are also seen acquiring new companies or local market players to maintain their competitive edge. Other business strategies favored by the companies include constant up gradation, joint ventures and collaborations. Key market players active in the market are Overseas Polymers Pvt. Ltd., Huntsman Corporation., BorsodChem, The Dow Chemical Company, Mitsui Chemicals, Inc., Bayer and Lyondell Chemical Company.

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The global Toluene Diisocyanate Market is segmented based on application and geography.

By Application

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

By Geography

  • North America
  • Europe
  • Asia -Pacific
  • LAMEA

Key Players

  • Overseas Polymers Pvt. Ltd.
  • Huntsman Corporation.
  • BorsodChem
  • The Dow Chemical Company
  • Mitsui Chemicals, Inc.
  • Bayer
  • Lyondell Chemical Company

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Market Research Store is a single destination for all the industry, company and country reports. We feature large repository of latest industry reports, leading and niche company profiles, and market statistics released by reputed private publishers and public organizations. Market Research Store is the comprehensive collection of market intelligence products and services available on air. We have market research reports from number of leading publishers and update our collection daily to provide our clients with the instant online access to our database. With access to this database, our clients will be able to benefit from expert insights on global industries, products, and market trends.

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