Global Toluene Diisocynate (TDI) 麻豆原创 Growth 2025-2031

Publication ID:

LPI03253175

Publication Date:

March 21, 2025

Pages:

Publisher:

LPI

Countries:

Global [1]

USD 3,660.00

Manufacturing (Chemicals) [2]

Chemicals [3]

Description:

The global Toluene Diisocynate (TDI) market size is predicted to grow from US$ 4981 million in 2025 to US$ 6730 million in 2031; it is expected to grow at a CAGR of 5.1% from 2025 to 2031.
Toluene diisocyanate (TDI) is a member of the diisocyanate family associated with polyurethane chemistry. It is often marketed as 80/20 and 65/35 mixtures of the 2,4 and 2,6 isomers respectively.
TDI is one of the main raw materials for polyurethane and an upstream raw material for the production of sponges, polyurethane adhesives and sealants. The TDI production route includes liquid-phase phosgenation and gas-phase phosgenation. Currently, only Covestro uses the gas-phase method, and other devices are liquid-phase methods. There are steps such as nitration, photochemical reaction, and hydrogenation in the TDI reaction process, which has high technical barriers.
Globally, TDI production facilities are mainly distributed in China, Japan, South Korea, Germany, Hungary and the United States. China is the largest TDI producer, accounting for about 45% of the market share. Wanhua Chemical is the world's largest TDI producer, with a total TDI production capacity of 0.95 million tons/year in 2023. In 2024, Wanhua Chemical announced the TDI expansion plan for the Fujian base. After the project expansion is completed, Wanhua Chemical's total TDI production capacity is expected to reach 1.42 million tons/year. With BASF closing its German TDI plant in 2023 and Wanhua Chemical acquiring Yantai Juli's TDI business, the global TDI industry concentration will be further improved.
麻豆原创 Drivers
Increasing Demand from the Polyurethane Industry: The primary market driver for Toluene Diisocyanate (TDI) is its extensive use in the production of polyurethane (PU) products. TDI is a key raw material for flexible polyurethane foams, which are widely used in furniture, bedding, and automotive seating. The growing construction and automotive industries, driven by increasing urbanization and rising disposable incomes, have led to heightened demand for flexible PU foams. TDI is also used in coatings, adhesives, sealants, and elastomers (CASE applications), further contributing to its market growth.
Growth in the Furniture and Bedding Sectors:The rising consumer preference for comfort and the increasing demand for high-quality mattresses and furniture have boosted the need for flexible polyurethane foam, driving the TDI market. The expansion of e-commerce and the trend toward online shopping for home furnishings have also accelerated the demand for PU foam-based products. With the global shift towards more comfortable and ergonomic furniture, TDI consumption is expected to rise in the production of cushions, mattresses, and upholstered furniture.
Rising Automotive Industry Demand:The automotive industry's growth, particularly in emerging markets, is a significant driver for TDI. The use of flexible polyurethane foam in automotive interiors, such as seat cushions, headrests, and soundproofing materials, enhances comfort and safety. As the global automotive industry moves toward electric vehicles (EVs), the need for lightweight materials like PU foam is increasing to enhance fuel efficiency and range, further boosting the demand for TDI.
The 鈥淭oluene Diisocynate (TDI) Industry Forecast鈥� looks at past sales and reviews total world Toluene Diisocynate (TDI) sales in 2024, providing a comprehensive analysis by region and market sector of projected Toluene Diisocynate (TDI) sales for 2025 through 2031. With Toluene Diisocynate (TDI) sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Toluene Diisocynate (TDI) industry.
This Insight Report provides a comprehensive analysis of the global Toluene Diisocynate (TDI) landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Toluene Diisocynate (TDI) portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms鈥� unique position in an accelerating global Toluene Diisocynate (TDI) market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Toluene Diisocynate (TDI) and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Toluene Diisocynate (TDI).
This report presents a comprehensive overview, market shares, and growth opportunities of Toluene Diisocynate (TDI) market by product type, application, key manufacturers and key regions and countries.
Segmentation by Type:
TDI 80/20
TDI 65/35
TDI 100
Segmentation by Application:
Flexible Polyurethane Foams
Coating
Adhesives & Sealants
Others
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
Wanhua Chemical
BASF
Mitsui Chemicals
Covestro
Hanwha Chemical
Cangzhou Dahua
Gansu Yinguang Juyin
OCI
GNFC
Key Questions Addressed in this Report
What is the 10-year outlook for the global Toluene Diisocynate (TDI) market?
What factors are driving Toluene Diisocynate (TDI) market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Toluene Diisocynate (TDI) market opportunities vary by end market size?
How does Toluene Diisocynate (TDI) break out by Type, by Application?

Please Note - This is an on demand report and will be delivered in 2 business days (48 hours) post payment.

Table Of Contents:

1 Scope of the Report
1.1 麻豆原创 Introduction
1.2 Years Considered
1.3 Research Objectives
1.4 麻豆原创 Research Methodology
1.5 Research Process and Data Source
1.6 Economic Indicators
1.7 Currency Considered
1.8 麻豆原创 Estimation Caveats
2 Executive Summary
2.1 World 麻豆原创 Overview
2.1.1 Global Toluene Diisocynate (TDI) Annual Sales 2020-2031
2.1.2 World Current & Future Analysis for Toluene Diisocynate (TDI) by Geographic Region, 2020, 2024 & 2031
2.1.3 World Current & Future Analysis for Toluene Diisocynate (TDI) by Country/Region, 2020, 2024 & 2031
2.2 Toluene Diisocynate (TDI) Segment by Type
2.2.1 TDI 80/20
2.2.2 TDI 65/35
2.2.3 TDI 100
2.3 Toluene Diisocynate (TDI) Sales by Type
2.3.1 Global Toluene Diisocynate (TDI) Sales 麻豆原创 Share by Type (2020-2025)
2.3.2 Global Toluene Diisocynate (TDI) Revenue and 麻豆原创 Share by Type (2020-2025)
2.3.3 Global Toluene Diisocynate (TDI) Sale Price by Type (2020-2025)
2.4 Toluene Diisocynate (TDI) Segment by Application
2.4.1 Flexible Polyurethane Foams
2.4.2 Coating
2.4.3 Adhesives & Sealants
2.4.4 Others
2.5 Toluene Diisocynate (TDI) Sales by Application
2.5.1 Global Toluene Diisocynate (TDI) Sale 麻豆原创 Share by Application (2020-2025)
2.5.2 Global Toluene Diisocynate (TDI) Revenue and 麻豆原创 Share by Application (2020-2025)
2.5.3 Global Toluene Diisocynate (TDI) Sale Price by Application (2020-2025)
3 Global by Company
3.1 Global Toluene Diisocynate (TDI) Breakdown Data by Company
3.1.1 Global Toluene Diisocynate (TDI) Annual Sales by Company (2020-2025)
3.1.2 Global Toluene Diisocynate (TDI) Sales 麻豆原创 Share by Company (2020-2025)
3.2 Global Toluene Diisocynate (TDI) Annual Revenue by Company (2020-2025)
3.2.1 Global Toluene Diisocynate (TDI) Revenue by Company (2020-2025)
3.2.2 Global Toluene Diisocynate (TDI) Revenue 麻豆原创 Share by Company (2020-2025)
3.3 Global Toluene Diisocynate (TDI) Sale Price by Company
3.4 Key Manufacturers Toluene Diisocynate (TDI) Producing Area Distribution, Sales Area, Product Type
3.4.1 Key Manufacturers Toluene Diisocynate (TDI) Product Location Distribution
3.4.2 Players Toluene Diisocynate (TDI) Products Offered
3.5 麻豆原创 Concentration Rate Analysis
3.5.1 Competition Landscape Analysis
3.5.2 Concentration Ratio (CR3, CR5 and CR10) & (2023-2025)
3.6 New Products and Potential Entrants
3.7 麻豆原创 M&A Activity & Strategy
4 World Historic Review for Toluene Diisocynate (TDI) by Geographic Region
4.1 World Historic Toluene Diisocynate (TDI) 麻豆原创 Size by Geographic Region (2020-2025)
4.1.1 Global Toluene Diisocynate (TDI) Annual Sales by Geographic Region (2020-2025)
4.1.2 Global Toluene Diisocynate (TDI) Annual Revenue by Geographic Region (2020-2025)
4.2 World Historic Toluene Diisocynate (TDI) 麻豆原创 Size by Country/Region (2020-2025)
4.2.1 Global Toluene Diisocynate (TDI) Annual Sales by Country/Region (2020-2025)
4.2.2 Global Toluene Diisocynate (TDI) Annual Revenue by Country/Region (2020-2025)
4.3 Americas Toluene Diisocynate (TDI) Sales Growth
4.4 APAC Toluene Diisocynate (TDI) Sales Growth
4.5 Europe Toluene Diisocynate (TDI) Sales Growth
4.6 Middle East & Africa Toluene Diisocynate (TDI) Sales Growth
5 Americas
5.1 Americas Toluene Diisocynate (TDI) Sales by Country
5.1.1 Americas Toluene Diisocynate (TDI) Sales by Country (2020-2025)
5.1.2 Americas Toluene Diisocynate (TDI) Revenue by Country (2020-2025)
5.2 Americas Toluene Diisocynate (TDI) Sales by Type (2020-2025)
5.3 Americas Toluene Diisocynate (TDI) Sales by Application (2020-2025)
5.4 United States
5.5 Canada
5.6 Mexico
5.7 Brazil
6 APAC
6.1 APAC Toluene Diisocynate (TDI) Sales by Region
6.1.1 APAC Toluene Diisocynate (TDI) Sales by Region (2020-2025)
6.1.2 APAC Toluene Diisocynate (TDI) Revenue by Region (2020-2025)
6.2 APAC Toluene Diisocynate (TDI) Sales by Type (2020-2025)
6.3 APAC Toluene Diisocynate (TDI) Sales by Application (2020-2025)
6.4 China
6.5 Japan
6.6 South Korea
6.7 Southeast Asia
6.8 India
6.9 Australia
6.10 China Taiwan
7 Europe
7.1 Europe Toluene Diisocynate (TDI) by Country
7.1.1 Europe Toluene Diisocynate (TDI) Sales by Country (2020-2025)
7.1.2 Europe Toluene Diisocynate (TDI) Revenue by Country (2020-2025)
7.2 Europe Toluene Diisocynate (TDI) Sales by Type (2020-2025)
7.3 Europe Toluene Diisocynate (TDI) Sales by Application (2020-2025)
7.4 Germany
7.5 France
7.6 UK
7.7 Italy
7.8 Russia
8 Middle East & Africa
8.1 Middle East & Africa Toluene Diisocynate (TDI) by Country
8.1.1 Middle East & Africa Toluene Diisocynate (TDI) Sales by Country (2020-2025)
8.1.2 Middle East & Africa Toluene Diisocynate (TDI) Revenue by Country (2020-2025)
8.2 Middle East & Africa Toluene Diisocynate (TDI) Sales by Type (2020-2025)
8.3 Middle East & Africa Toluene Diisocynate (TDI) Sales by Application (2020-2025)
8.4 Egypt
8.5 South Africa
8.6 Israel
8.7 Turkey
8.8 GCC Countries
9 麻豆原创 Drivers, Challenges and Trends
9.1 麻豆原创 Drivers & Growth Opportunities
9.2 麻豆原创 Challenges & Risks
9.3 Industry Trends
10 Manufacturing Cost Structure Analysis
10.1 Raw Material and Suppliers
10.2 Manufacturing Cost Structure Analysis of Toluene Diisocynate (TDI)
10.3 Manufacturing Process Analysis of Toluene Diisocynate (TDI)
10.4 Industry Chain Structure of Toluene Diisocynate (TDI)
11 麻豆原创ing, Distributors and Customer
11.1 Sales Channel
11.1.1 Direct Channels
11.1.2 Indirect Channels
11.2 Toluene Diisocynate (TDI) Distributors
11.3 Toluene Diisocynate (TDI) Customer
12 World Forecast Review for Toluene Diisocynate (TDI) by Geographic Region
12.1 Global Toluene Diisocynate (TDI) 麻豆原创 Size Forecast by Region
12.1.1 Global Toluene Diisocynate (TDI) Forecast by Region (2026-2031)
12.1.2 Global Toluene Diisocynate (TDI) Annual Revenue Forecast by Region (2026-2031)
12.2 Americas Forecast by Country (2026-2031)
12.3 APAC Forecast by Region (2026-2031)
12.4 Europe Forecast by Country (2026-2031)
12.5 Middle East & Africa Forecast by Country (2026-2031)
12.6 Global Toluene Diisocynate (TDI) Forecast by Type (2026-2031)
12.7 Global Toluene Diisocynate (TDI) Forecast by Application (2026-2031)
13 Key Players Analysis
13.1 Wanhua Chemical
13.1.1 Wanhua Chemical Company Information
13.1.2 Wanhua Chemical Toluene Diisocynate (TDI) Product Portfolios and Specifications
13.1.3 Wanhua Chemical Toluene Diisocynate (TDI) Sales, Revenue, Price and Gross Margin (2020-2025)
13.1.4 Wanhua Chemical Main Business Overview
13.1.5 Wanhua Chemical Latest Developments
13.2 BASF
13.2.1 BASF Company Information
13.2.2 BASF Toluene Diisocynate (TDI) Product Portfolios and Specifications
13.2.3 BASF Toluene Diisocynate (TDI) Sales, Revenue, Price and Gross Margin (2020-2025)
13.2.4 BASF Main Business Overview
13.2.5 BASF Latest Developments
13.3 Mitsui Chemicals
13.3.1 Mitsui Chemicals Company Information
13.3.2 Mitsui Chemicals Toluene Diisocynate (TDI) Product Portfolios and Specifications
13.3.3 Mitsui Chemicals Toluene Diisocynate (TDI) Sales, Revenue, Price and Gross Margin (2020-2025)
13.3.4 Mitsui Chemicals Main Business Overview
13.3.5 Mitsui Chemicals Latest Developments
13.4 Covestro
13.4.1 Covestro Company Information
13.4.2 Covestro Toluene Diisocynate (TDI) Product Portfolios and Specifications
13.4.3 Covestro Toluene Diisocynate (TDI) Sales, Revenue, Price and Gross Margin (2020-2025)
13.4.4 Covestro Main Business Overview
13.4.5 Covestro Latest Developments
13.5 Hanwha Chemical
13.5.1 Hanwha Chemical Company Information
13.5.2 Hanwha Chemical Toluene Diisocynate (TDI) Product Portfolios and Specifications
13.5.3 Hanwha Chemical Toluene Diisocynate (TDI) Sales, Revenue, Price and Gross Margin (2020-2025)
13.5.4 Hanwha Chemical Main Business Overview
13.5.5 Hanwha Chemical Latest Developments
13.6 Cangzhou Dahua
13.6.1 Cangzhou Dahua Company Information
13.6.2 Cangzhou Dahua Toluene Diisocynate (TDI) Product Portfolios and Specifications
13.6.3 Cangzhou Dahua Toluene Diisocynate (TDI) Sales, Revenue, Price and Gross Margin (2020-2025)
13.6.4 Cangzhou Dahua Main Business Overview
13.6.5 Cangzhou Dahua Latest Developments
13.7 Gansu Yinguang Juyin
13.7.1 Gansu Yinguang Juyin Company Information
13.7.2 Gansu Yinguang Juyin Toluene Diisocynate (TDI) Product Portfolios and Specifications
13.7.3 Gansu Yinguang Juyin Toluene Diisocynate (TDI) Sales, Revenue, Price and Gross Margin (2020-2025)
13.7.4 Gansu Yinguang Juyin Main Business Overview
13.7.5 Gansu Yinguang Juyin Latest Developments
13.8 OCI
13.8.1 OCI Company Information
13.8.2 OCI Toluene Diisocynate (TDI) Product Portfolios and Specifications
13.8.3 OCI Toluene Diisocynate (TDI) Sales, Revenue, Price and Gross Margin (2020-2025)
13.8.4 OCI Main Business Overview
13.8.5 OCI Latest Developments
13.9 GNFC
13.9.1 GNFC Company Information
13.9.2 GNFC Toluene Diisocynate (TDI) Product Portfolios and Specifications
13.9.3 GNFC Toluene Diisocynate (TDI) Sales, Revenue, Price and Gross Margin (2020-2025)
13.9.4 GNFC Main Business Overview
13.9.5 GNFC Latest Developments
14 Research Findings and Conclusion

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