Toluene diisocyanate, an important organic compound utilized extensively in the manufacturing of polyurethane, appears as a pale-yellow liquid with a notably strong and unpleasant odor. Its production occurs in significant quantities.

The compound is synthesized through the nitration of toluene using nitric acid to form dinitrotoluene, a crucial intermediate in the liquid-phase phosgenation process.

Subsequently, dinitrotoluene is catalytically hydrogenated to yield toluene diamine (TDA). The creation of a raw TDI solution involves dissolving TDA in an inert solvent and treating it with phosgene. Before undergoing vacuum distillation, this solution is fractionated to eliminate any remaining phosgene, solvent, or hydrogen chloride.

Among the top producers of toluene diisocyanate globally are China, Kenya, the United Arab Emirates, South Korea, and the United States.

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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 trends, 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:

One of the main applications of Toluene Diisocyanate is furniture. Over the past few years, rising demand for opulent beds, sofas, and chairs led to significant polyurethane foam use, and the trend is expected to continue over the projected period.

Throughout the course of the forecast period, growth in the toluene diisocyanate market is anticipated to be driven by expanding production of opulent vehicles, increased rivalry in the automotive industry, and encouraging the use of polyurethane foams in cars.

Growth in the TDI market is anticipated to be positively impacted by rising demand for sealants and coatings to decrease leaks. During the course of the forecast period, rising demand for rigid foams in the packaging industry and ensuing expansion of the packaging sector is anticipated to drive market growth.

Key Players:

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

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