Toluene diisocyanate Price History and Forecast Analysis | Procurement Resource

Toluene diisocyanate, known as TDI in its abbreviated form, is an organic compound extensively utilized in the manufacturing of polyurethane. This pale-yellow liquid carries a potent and disagreeable odor and is produced in large quantities.

Its production begins with the phosphogention of toluene. Initially, toluene undergoes nitration using nitric acid, resulting in dinitrotoluene within the liquid-phase phosgenation process.

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Subsequently, it undergoes catalytic hydrogenation to form toluene diamine (TDA). The creation of a crude TDI solution involves dissolving it in an inert solvent and treating it with phosgene. The solution is then fractionated to eliminate any remaining unreacted phosgene, solvent, and hydrogen chloride before undergoing vacuum distillation.

The leading global producers of toluene diisocyanate include China, Kenya, the UAE, South Korea, and the United States.

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:

Toluene diisocyanate Price Trend

Toluene Diisocyanate finds significant usage in furniture making. Recent years have witnessed a surge in demand for luxurious beds, sofas, and chairs, resulting in a considerable utilization of polyurethane foam, a trend expected to persist in the foreseeable future.

The projected period foresees the Toluene Diisocyanate market expanding due to increased production of lavish vehicles, heightened competition within the automotive sector, and the promotion of polyurethane foam usage in automobiles.

The market for TDI is expected to flourish owing to the growing need for sealants and coatings to minimize leaks. Moreover, the anticipation of increased demand for rigid foams in the packaging industry and the subsequent expansion of the packaging sector are likely to drive 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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