Florida – Sep 05, 2016 – Market Research Engine has published a new report titled as” Toluene Diisocyanate Market by Applications (Flexible Foam, Rigid Foam, Coatings, Adhesives & Sealants, and Elastomers) – Global Industry Analysis, Trends and Forecast 2015 – 2023”.
The Toluene Diisocyanatemarket is expected to exceed more than US$ 10 billion by 2023; growing at a CAGR of more than 4.5% in the given forecast period.
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Diisocyanates are the essential substance in the creation of numerous products especially in the construction industry and transportation industry. There are mainly two types of Diisocyanates such as Toluene Diisocyanate and Methylenediphenyl Diisocyanate. Toluene Diisocynate is chemical component mainly used in flexible foam applications such as bedding, furniture, carpet underlay and it is also used for packaging applications. It is also used in creation of polyurethanes. In transportation application Toluene Diisocyanate is used to produce saving weight, lighter automobile parts which help in development in energy prevention and fuel efficiency. Toluene Diisocyanate helps in the production of elastomers, adhesives, sealants and coatings.
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The major driving factors of Toluene Diisocyanate market are as follows:
Growing demand from automotive seats will boost demand for Toluene Diisocyanate market.
Increasing demand from bedding industry and mattress industry is a main driving factor for Toluene Diisocyanate.
The restraining factors of Toluene Diisocyanate market are as follows:
Volatile raw substance rate will slow down the market growth
The Toluene Diisocyanate market is segmented on the lines of its applications and regional geography. Based on application segmentation the Toluene Diisocyanate market covers elastomers, adhesive and sealants, coatings, rigid foam and flexible foam. The Toluene Diisocyanate market is geographic segmentation covers various regions such as North America, Europe, Asia Pacific, Latin America, Middle East and Africa. Each geography market is further segmented to provide market revenue for select countries such as the U.S., Canada, U.K. Germany, China, Japan, India, Brazil, and GCC countries.
This report provides:
1) An overview of the global market for Toluene Diisocyanate and related technologies.
2) Analyses of global market trends, with data from 2013, estimates for 2014 and 2015, and projections of compound annual growth rates (CAGRs) through 2023.
3) Identifications of new market opportunities and targeted promotional plans for Toluene Diisocyanate.
4) Discussion of research and development, and the demand for new products and new applications.
5) Comprehensive company profiles of major players in the industry.
The scope of the report includes a detailed study of global and regional markets for Toluene Diisocyanate with the reasons given for variations in the growth of the industry in certain regions.
The report covers detailed competitive outlook including the market share and company profiles of the key participants operating in the global market. Key players profiled in the report include BASF SE, Bayer MaterialScience LLC, Mitsui Chemicals, Inc., Huntsman Corporation, and The Dow Chemical Company. Company profile includes assign such as company summary, financial summary, business strategy and planning, SWOT analysis and current developments.
The Top Companies Report is intended to provide our buyers with a snapshot of the industry’s most influential players.
The Toluene Diisocyanate Market has been segmented as below:
By Application Analysis
Adhesive and sealants
By Regional Analysis
Rest of the World
Reasons to Buy this Report:
1) Obtain the most up to date information available on all Toluene Diisocyanate market.
2) Identify growth segments and opportunities in the industry.
3) Facilitate decision making on the basis of strong historic and forecast of Toluene Diisocyanate data.
4) Assess your competitor’s refining portfolio and its evolution.
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