OK
The Universal Selection Source:
Coatings Ingredients
Industry News

Transparency Market Research Forecasts Global TDI Revenue to Reach USD 8 Bn in 2016

Published on 2012-03-27. Author : SpecialChem

TDI (Toluenediisocyanate) is mostly used to manufacture flexible polyurethane foams which are primarily used as cushioning material in furniture and transportation applications. It is mainly used in beds and car seats and to some extent in manufacturing rigid foams, coatings, adhesives & sealants, and elastomers. The global TDI revenue is expected to reach at USD 8 billion in 2016 with an estimated CAGR of 5.5% from 2011 to 2016. Positive volume growth is expected into the global TDI market at a CAGR of 4.8% from 2011 to 2016 due to the rise in demand from developing economies such as India and China in Asia Pacific.

Flexible PU foams are the largest TDI application market that accounted for 85.2% of the Toluene diisocyanate market revenue in 2011.The flexible foams segment is expected to grow with a CAGR of 5.6% during 2011 - 2016.

The Asia Pacific is the fastest growing regional market, which is expected to reach USD 3 billion in 2016 with a CAGR of 6.8% during 2011 - 2016. The Asia Pacific TDI market is expected to have a volume share of 39% of the global TDI market in 2016.

Continuous rise in TDI bulk price is observed since January 2009 on account of rise in feedstock (Toluene) costs and rise in crude oil prices.

The global TDI market is primarily categorized on the basis of Raw material used and Volume and pricing trends. This report categorizes the TDI market into four geographic regions namely: North America, Europe, Asia-Pacific and rest of the world (RoW).

Raw Materials

  • Crude Oil
  • Propylene
  • Aniline
  • Toluene

Application

  • TDI Market Application
  • Flexible Foam
  • Rigid Foam
  • Coatings
  • Adhesive & Sealants
  • Elastomers

About Transparency Market Research

Transparency Market Research is a market intelligence company providing, global business research reports and consulting services. Their exclusive blend of quantitative forecasting and trends analysis provides forward-looking insights for thousands of decision-makers. They are privileged with highly experienced team of analysts, researchers, and consultants who use proprietary data sources along with various tools and techniques to gather and analyze information. Their business offerings represent the latest and the most reliable information which is indispensable for businesses to sustain their competitive edge.

Source: Transparency Market Research


FEICA 2018 European Adhesive and Sealant Conference and EXPO
Back to Top