Toluene diisocyanate Prices Today, Price Chart and Forecast Analysis | Procurement Resource

Toluene diisocyanate, commonly referred to as TDI, is an organic compound widely used in the production of polyurethane. This compound appears as a pale-yellow liquid characterized by its potent and unpleasant smell, and it is manufactured on a large scale.

The production process of TDI involves the phosgenation of toluene. Initially, toluene undergoes a nitration process with nitric acid to create dinitrotoluene in a liquid-phase phosgenation procedure. Subsequently, this compound is catalytically hydrogenated to form toluene diamine (TDA). To generate a crude TDI solution, TDA is dissolved in an inert solvent and then treated with phosgene. The mixture is later fractionated to remove any residual phosgene, solvent, and hydrogen chloride, followed by vacuum distillation to purify the TDI.

Globally, the leading producers of toluene diisocyanate include countries like China, Kenya, the UAE, South Korea, and the United States, highlighting its international significance in the chemical industry.

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Key Details About the Toluene diisocyanate Price Trend:

Procurement Resource does an in-depth analysis of the price trend to bring forth the monthly, quarterly, half-yearly, and yearly information on the Toluene diisocyanate price in its latest pricing dashboard. The detailed assessment deeply explores the facts about the product, price change over the weeks, months, and years, key players, industrial uses, and drivers propelling the market and price trends.

Each price record is linked to an easy-to-use graphing device dated back to 2014, which offers a series of functionalities; customization of price currencies and units and downloading of price information as Excel files that can be used offline.

The Toluene diisocyanate Price chart, including India’s Toluene diisocyanate price, USA’s Toluene diisocyanate price, pricing database, and analysis can prove valuable for procurement managers, directors, and decision-makers to build up their strongly backed-up strategic insights to attain progress and profitability in the business.

Industrial Uses Impacting Toluene Diisocyanate Price Trend:

Toluene diisocyanate Price Trend

Toluene Diisocyanate (TDI) plays a pivotal role in the furniture industry, where its application has surged due to an increased demand for luxurious beds, sofas, and chairs. This demand has led to a significant rise in the use of polyurethane foam, a trend that is expected to persist throughout the forecast period.

The market for toluene diisocyanate is projected to experience growth driven by the expanding production of luxury vehicles, intensified competition within the automotive sector, and the growing adoption of polyurethane foams in vehicles throughout the forecast period.

Furthermore, the TDI market is likely to benefit from the escalating demand for sealants and coatings aimed at minimizing leaks. Additionally, the increasing need for rigid foams in the packaging industry, coupled with the sector’s expansion, is expected to further propel market growth during the forecast period.

Key Players:

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

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