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Global Toluene Diisocyanate Market 2020-2024Speak directly to the analyst to clarify any post sales queries you may have.
The toluene diisocyanate market is poised to grow by 620.01 thousand MT during 2020-2024 progressing at a CAGR of 5% during the forecast period. The report on the toluene diisocyanate market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current global market scenario, latest trends and drivers, and the overall market environment. The market is driven by the increase in demand for flexible foam for manufacturing bedding and furniture and growing demand for fuel-efficient automobiles. In addition, increase in demand for flexible foam for manufacturing bedding and furniture is anticipated to boost the growth of the market as well.
The toluene diisocyanate market analysis includes end-user segment and geographical landscapes.
The toluene diisocyanate market is segmented as below:
By End-user
- Wood and furniture
- CASE
- Automotive
- Diverse industries
By Geographical landscapes
- APAC
- Europe
- North America
- South America
- MEA
This study identifies the rise in demand for rigid foam from diversified industries as one of the prime reasons driving the toluene diisocyanate market growth during the next few years.
The report presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters.
The toluene diisocyanate market covers the following areas:
- Toluene diisocyanate market sizing
- Toluene diisocyanate market forecast
- Toluene diisocyanate market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading toluene diisocyanate market vendors that include BASF SE, Covestro AG, Dow Inc., Gujarat Narmada Valley Fertilizers & Chemicals Ltd., Hanwha Group, Huntsman Corp., Kumho Mitsui Chemicals, Tosoh Corp., Vencorex, and Wanhua Chemical Group Co. Ltd. Also, the toluene diisocyanate market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage on all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The report presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary.
This market research report provides a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast an accurate market growth.
Table of Contents
Executive Summary
Market Landscape
Market Sizing
Five Forces Analysis
Market Segmentation by End user
Customer landscape
Geographic Landscape
Vendor Landscape
Vendor Analysis
Appendix
List of Exhibits
Executive Summary
The publisher recognizes the following companies as the key players in the global toluene diisocyanate market: BASF SE, Covestro AG, Dow Inc., Gujarat Narmada Valley Fertilizers & Chemicals Ltd., Hanwha Group, Huntsman Corp., Kumho Mitsui Chemicals, Tosoh Corp., Vencorex, and Wanhua Chemical Group Co. Ltd..Commenting on the report, an analyst from the research team said: "The latest trend gaining momentum in the market is rise in demand for rigid foam from diversified industries."
According to the report, one of the major drivers for this market is the increase in demand for flexible foam for manufacturing bedding and furniture.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Companies Mentioned
A selection of companies mentioned in this report includes:
- BASF SE
- Covestro AG
- Dow Inc.
- Gujarat Narmada Valley Fertilizers & Chemicals Ltd.
- Hanwha Group
- Huntsman Corp.
- Kumho Mitsui Chemicals
- Tosoh Corp.
- Vencorex
- Wanhua Chemical Group Co. Ltd.
