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  4. > Toluene Diisocyanate Market for Flexible Foam, Rigid Foam, Coatings, Adhesives & Sealants, and Elastomers - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2015 – 2023

Demand for toluene diisocyanate is primarily fueled by growth in bedding and mattresses and automotive industries across the globe. Asia Pacific dominates the global market for toluene diisocyanate. This report by Transparency Market Research analyzes, estimates, and forecasts the demand for toluene diisocyanate on a global and regional level for an eight-year period from 2015 to 2023 in terms of volume and revenue. The study also provides information on restraints, drivers, and opportunities along with their impact on the global toluene diisocyanate market during the forecast period. The report segments the market based on application and region and offers estimates and forecast of the toluene diisocyanate market for each segment.

The study analyzes the product value chain, beginning with feedstock up to end-use. Additionally, it evaluates the market based on Porter’s five forces model, which analyzes the degree of competition in the market by considering factors such as bargaining power of buyers and suppliers and threat from substitute products and new entrants. The report includes a detailed competitive landscape of the toluene diisocyanate market. It comprises market share analysis of companies and profiles of key market participants.

The market has been forecast based on constant currency rates. Prices of toluene diisocyanate vary across each region. Considering that different end-users utilize different types of products, pricing for each application varies according to regions while estimating and forecasting market revenue on the global basis. The regional average price has been considered while breaking down the market by end-application in each region. The market size of the global toluene diisocyanate market has been presented in terms of both volume as well as revenue. Market volume is provided in kilo tons, while market revenue is in US$ Mn. Market numbers are provided based on applications in the context of the global as well as regional market. Market size and forecast for each major application is also provided in the context of the global as well as regional market. Numbers provided in the report are derived based on demand for toluene diisocyanate in various end-user industries across different regions. All the prices have been considered as FOB prices. Market revenue has been calculated based on sales and consumption trends. All US$ exchange rates are as of 2014. Price has been kept constant throughout the forecast period for calculating the market size.

The report provides a decisive view of the toluene diisocyanate market by segmenting the market based on applications. Applications analyzed in this report include flexible foam, rigid foam, coatings, adhesives & sealants, and elastomers. These application segments have been analyzed based on present and future trends, and the market has been estimated from 2015 to 2023.

The toluene diisocyanate market is segmented based on geography into North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa. In terms of revenue and consumption, the toluene diisocyanate market for each application for each of these regions has been forecast for the period from 2015 to 2023.

Leading manufacturers profiled in the report include BASF SE, Bayer MaterialScience LLC, Mitsui Chemicals, Inc., Huntsman Corporation, and The Dow Chemical Company. These companies are profiled in detail with features such as company overview, financial overview, business strategies, mergers and acquisitions, and recent developments.

Global Toluene Diisocyanate Market – Application Analysis
Flexible Foam
Rigid Foam
Coatings
Adhesive & Sealants
Elastomers
Global Toluene Diisocyanate Market – Regional Analysis
North America
U.S.
Rest of North America
Europe
France
Spain
Germany
Italy
Rest of Europe
Asia Pacific
China
Japan
ASEAN
Rest of Asia Pacific
Latin America
Brazil
Rest of Latin America
Middle East & Africa (MEA)
GCC Countries
South Africa
Rest of MEA

Table Of Contents

Toluene Diisocyanate Market for Flexible Foam, Rigid Foam, Coatings, Adhesives and Sealants, and Elastomers - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2015 - 2023
Chapter 1 Preface
1.1 Report description
1.2 Market segmentation
1.3 Research scope
1.3.1 Assumptions
1.4 Research methodology

Chapter 2 Executive Summary
2.1 Global Toluene Diisocyanate Market, 2014-2023 (Kilo Tons) (US$ Mn)
2.2 Global Toluene Diisocyanate Market Snapshot, 2014-2023

Chapter 3 Toluene Diisocyanate Market - Industry Analysis
3.1 Introduction
3.2 Value Chain Analysis
3.2.1 Value Chain Analysis of the Global Toluene Diisocyanate Market
3.3 Market Drivers
3.3.1 Drivers for Global Toluene Diisocyanate Market: Impact Analysis
3.3.2 Growing Demand from Mattress and Bedding Industry is Expected to Boost Demand for Toluene Diisocyanate
3.3.2.1 Global Mattress Market, 2013 - 2023 (US$ Bn)
3.3.3 Automotive Seats - A Major Demand Driver for Toluene Diisocyanate
3.3.3.1 Global Automotive Seating Market, 2013-2023 (US$ Bn)
3.4 Market Restraints
3.4.1 Restraints for Global Toluene Diisocyanate Market: Impact Analysis
3.4.2 Volatile Raw Material Costs May Hamper Market Growth
3.4.2.1 Global Crude Oil Prices, 2008-2015 (US$/Barrel)
3.5 Opportunities
3.5.1 Commercialization of Phosgene-Free Isocyanate Production Process in the next few years
3.6 Porter's Five Forces Analysis for Global Toluene Diisocyanate Market
3.6.1 Bargaining Power of Suppliers
3.6.2 Bargaining Power of Buyers
3.6.3 Threat of New Entrants
3.6.4 Threat from Substitutes
3.6.5 Degree of Competition
3.7 Global Toluene Diisocyanate Market: Market Attractiveness Analysis
3.7.1 Global Toluene Diisocyanate Market: Market Attractiveness Analysis
3.8 Global Toluene Diisocyanate Market: Company Market Share
3.8.1 Global Toluene Diisocyanate Market: Company Market Share, 2014

Chapter 4 Raw Material and Price Trend Analysis
4.1 Raw Material Analysis
4.2 Toluene Diisocyanate - Manufacturing Process
4.3 Global Raw Material Price Trends, 2013-2023
4.3.1 Global Raw Material Price Trends, 2013-2023 (US$/Ton)
4.4 Global Toluene Diisocyanate Price Trends, 2013-2023
4.4.1 Global Toluene Diisocyanate Price Trends, 2013-2023 (US$/Ton)

Chapter 5 Toluene Diisocyanate Market - Application Analysis
5.1 Global Toluene diisocyanate Market: Application Analysis
5.1.1 Global Toluene Diisocyanate Market Volume Share, by Application, 2014 and 2023
5.1.2 Flexible Foam
5.1.2.1 Global Toluene Diisocyanate Market for Flexible Foam, 2014 - 2023 (Kilo Tons) (US$ Mn)
5.1.3 Rigid Foam
5.1.3.1 Global Toluene Diisocyanate Market for Rigid Foam, 2014 - 2023 (Kilo Tons) (US$ Mn)
5.1.4 Coatings
5.1.4.1 Global Toluene Diisocyanate Market for Coatings, 2014 - 2023 (Kilo Tons) (US$ Mn)
5.1.5 Adhesives and Sealants
5.1.5.1 Global Toluene Diisocyanate Market for Adhesives and Sealants, 2014 - 2023 (Kilo Tons) (US$ Mn)
5.1.6 Elastomers
5.1.6.1 Global Toluene Diisocyanate Market for Elastomers, 2014 - 2023 (Kilo Tons) (US$ Mn)

Chapter 6 Toluene Diisocyanate Market - Regional Analysis
6.1 Global Toluene Diisocyanate Market: Regional Analysis
6.1.1 Global Toluene Diisocyanate Market Volume Share, By Region, 2014 And 2023
6.2 Global Toluene Diisocyanate Market, by Region
6.3 North America
6.3.1 North America Toluene Diisocyanate Market Volume, by Application, 2014 - 2023 (Kilo Tons)
6.3.2 North America Toluene Diisocyanate Market Revenue, by Application, 2014 - 2023 (US$ Mn)
6.4 U.S.
6.4.1 U.S. Toluene Diisocyanate Market Volume, by Application, 2014 - 2023 (Kilo Tons)
6.4.2 U.S. Toluene Diisocyanate Market Revenue, by Application, 2014 - 2023 (US$ Mn)
6.5 Rest of North America
6.5.1 Rest of North America Toluene Diisocyanate Market Volume, by Application, 2014 - 2023 (Kilo Tons)
6.5.2 Rest of North America Toluene Diisocyanate Market Revenue, by Application, 2014 - 2023 (US$ Mn)
6.6 Europe
6.6.1 Europe Toluene Diisocyanate Market Volume, by Application, 2014 - 2023 (Kilo Tons)
6.6.2 Europe Toluene Diisocyanate Market Revenue, by Application, 2014 - 2023 (US$ Mn)
6.7 U.K.
6.7.1 U.K. Toluene Diisocyanate Market Volume, by Application, 2014 - 2023 (Kilo Tons)
6.7.2 U.K. Toluene Diisocyanate Market Revenue, by Application, 2014 - 2023 (US$ Mn)
6.8 Germany
6.8.1 Germany Toluene Diisocyanate Market Volume, by Application, 2014 - 2023 (Kilo Tons)
6.8.2 Germany Toluene Diisocyanate Market Revenue, by Application, 2014 - 2023 (US$ Mn)
6.9 France
6.9.1 France Toluene Diisocyanate Market Volume, by Application, 2014 - 2023 (Kilo Tons)
6.9.2 France Toluene Diisocyanate Market Revenue, by Application, 2014 - 2023 (US$ Mn)
6.10 Spain
6.10.1 Spain Toluene Diisocyanate Market Volume, by Application, 2014 - 2023 (Kilo Tons)
6.10.2 Spain Toluene Diisocyanate Market Revenue, by Application, 2014 - 2023 (US$ Mn)
6.11 Italy
6.11.1 Italy Toluene Diisocyanate Market Volume, by Application, 2014 - 2023 (Kilo Tons)
6.11.2 Italy Toluene Diisocyanate Market Revenue, by Application, 2014 - 2023 (US$ Mn)
6.12 Rest of Europe
6.12.1 Rest of Europe Toluene Diisocyanate Market Volume, by Application, 2014 - 2023 (Kilo Tons)
6.12.2 Rest of Europe Toluene Diisocyanate Market Revenue, by Application, 2014 - 2023 (US$ Mn)
6.13 Asia Pacific
6.13.1 Asia Pacific Toluene Diisocyanate Market Volume, by Application, 2014 - 2023 (Kilo Tons)
6.13.2 Asia Pacific Toluene Diisocyanate Market Revenue, by Application, 2014 - 2023 (US$ Mn)
6.14 China
6.14.1 China Toluene Diisocyanate Market Volume, by Application, 2014 - 2023 (Kilo Tons)
6.14.2 China Toluene Diisocyanate Market Revenue, by Application, 2014 - 2023 (US$ Mn)
6.15 Japan
6.15.1 Japan Toluene Diisocyanate Market Volume, by Application, 2014 - 2023 (Kilo Tons)
6.15.2 Japan Toluene Diisocyanate Market Revenue, by Application, 2014 - 2023 (US$ Mn)
6.16 ASEAN
6.16.1 ASEAN Toluene Diisocyanate Market Volume, by Application, 2014 - 2023 (Kilo Tons)
6.16.2 ASEAN Toluene Diisocyanate Market Revenue, by Application, 2014 - 2023 (US$ Mn)
6.17 Rest of Asia Pacific
6.17.1 Rest of Asia Pacific Toluene Diisocyanate Market Volume, by Application, 2014 - 2023 (Kilo Tons)
6.17.2 Rest of Asia Pacific Toluene Diisocyanate Market Revenue, by Application, 2014 - 2023 (US$ Mn)
6.18 Latin America
6.18.1 Latin America Toluene Diisocyanate Market Volume, by Application, 2014 - 2023 (Kilo Tons)
6.18.2 Latin America Toluene Diisocyanate Market Revenue, by Application, 2014 - 2023 (US$ Mn)
6.19 Brazil
6.19.1 Brazil Toluene Diisocyanate Market Volume, by Application, 2014 - 2023 (Kilo Tons)
6.19.2 Brazil Toluene Diisocyanate Market Revenue, by Application, 2014 - 2023 (US$ Mn)
6.20 Rest of Latin America
6.20.1 Rest of Latin America Toluene Diisocyanate Market Volume, by Application, 2014 - 2023 (Kilo Tons)
6.20.2 Rest of Latin America Toluene Diisocyanate Market Revenue, by Application, 2014 - 2023 (US$ Mn)
6.21 Middle East and Africa
6.21.1 Middle East and Africa Toluene Diisocyanate Market Volume, by Application, 2014 - 2023 (Kilo Tons)
6.21.2 Middle East and Africa Toluene Diisocyanate Market Revenue, by Application, 2014 - 2023 (US$ Mn)
6.22 GCC
6.22.1 GCC Toluene Diisocyanate Market Volume, by Application, 2014 - 2023 (Kilo Tons)
6.22.2 GCC Toluene Diisocyanate Market Revenue, by Application, 2014 - 2023 (US$ Mn)
6.23 South Africa
6.23.1 South Africa Toluene Diisocyanate Market Volume, by Application, 2014 - 2023 (Kilo Tons)
6.23.2 South Africa Toluene Diisocyanate Market Revenue, by Application, 2014 - 2023 (US$ Mn)
6.24 Rest of Middle East and Africa
6.24.1 Rest of Middle East and Africa Toluene Diisocyanate Market Volume, by Application, 2014 - 2023 (Kilo Tons)
6.24.2 Rest of Middle East and Africa Toluene Diisocyanate Market Revenue, by Application, 2014 - 2023 (US$ Mn)

Chapter 7 Company Profiles
7.1 BASF SE
7.2 The Dow Chemical Company
7.3 Bayer MaterialScience LLC
7.4 Tosoh Corporation
7.5 BorsodChem Zrt
7.6 Yantai Juli Fine Chemical Co., Ltd.
7.7 Cangzhou Dahua Group Co. Ltd.
7.8 Mitsui Chemicals, Inc.
7.9 Vencorex Holding SAS

Chapter 8 Primary Findings
List of Figures

FIG. 1 Global Toluene Diisocyanate Market Segmentation
FIG. 2 Global Toluene Diisocyanate Market, 2014-2023 (Kilo Tons) (US$ Mn)
FIG. 3 Value Chain Analysis Of The Global Toluene Diisocyanate Market
FIG. 4 Global Mattress Market, 2013-2023 (US$ Bn)
FIG. 5 Global Automotive Seating Market, 2013-2023 (US$ Bn)
FIG. 6 Global Crude Oil Prices, 2008-2015 (US$/Barrel)
FIG. 7 Porter's Five Forces Analysis for Global Toluene Diisocyanate Market
FIG. 8 Global Toluene Diisocyanate Market: Market Attractiveness Analysis
FIG. 9 Global Toluene diisocyanate Market: Company Market Share Analysis, 2014
FIG. 10 Global Raw Material Price Trends, 2013-2023 (US$/Ton)
FIG. 11 Global Toluene Diisocyanate Price Trends, 2013-2023 (US$/Ton)
FIG. 12 Global Toluene Diisocyanate Market Volume Share, by Application, 2014 and 2023
FIG. 13 Global Toluene Diisocyanate Market for Flexible Foam, 2014 - 2023 (Kilo Tons) (US$ Mn)
FIG. 14 Global Toluene Diisocyanate Market for Flexible Foam, 2014 - 2023 (Kilo Tons) (US$ Mn)
FIG. 15 Global Toluene Diisocyanate Market for Coatings, 2014 - 2023 (Kilo Tons) (US$ Mn)
FIG. 16 Global Toluene Diisocyanate Market for Adhesives and Sealants, 2014 - 2023 (Kilo Tons) (US$ Mn)
FIG. 17 Global Toluene Diisocyanate Market for Elastomers, 2014 - 2023 (Kilo Tons) (US$ Mn)
FIG. 18 Global Toluene Diisocyanate Volume Share, by Region, 2014 and 2023
List of Tables

TABLE 1 Drivers for Global Toluene Diisocyanate Market: Impact Analysis
TABLE 2 Restraints For Global Toluene Diisocyanate Market: Impact Analysis
TABLE 3 North America Toluene Diisocyanate Market Volume, by Application, 2014 - 2023 (Kilo Tons)
TABLE 4 North America Toluene Diisocyanate Market Revenue, by Application, 2014 - 2023 (US$ Mn)
TABLE 5 U.S. Toluene Diisocyanate Market Volume, by Application, 2014 - 2023 (Kilo Tons)
TABLE 6 U.S. Toluene Diisocyanate Market Revenue, by Application, 2014 - 2023 (US$ Mn)
TABLE 7 Rest of North America Toluene Diisocyanate Market Volume, by Application, 2014 - 2023 (Kilo Tons)
TABLE 8 Rest of North America Toluene Diisocyanate Market Revenue, by Application, 2014 - 2023 (US$ Mn)
TABLE 9 Europe Toluene Diisocyanate Market Volume, by Application, 2014 - 2023 (Kilo Tons)
TABLE 10 Europe Toluene Diisocyanate Market Revenue, by Application, 2014 - 2023 (US$ Mn)
TABLE 11 U.K. Toluene Diisocyanate Market Volume, by Application, 2014 - 2023 (Kilo Tons)
TABLE 12 U.K. Toluene Diisocyanate Market Revenue, by Application, 2014 - 2023 (US$ Mn)
TABLE 13 Germany Toluene Diisocyanate Market Volume, by Application, 2014 - 2023 (Kilo Tons)
TABLE 14 Germany Toluene Diisocyanate Market Revenue, by Application, 2014 - 2023 (US$ Mn)
TABLE 15 France Toluene Diisocyanate Market Volume, by Application, 2014 - 2023 (Kilo Tons)
TABLE 16 France Toluene Diisocyanate Market Revenue, by Application, 2014 - 2023 (US$ Mn)
TABLE 17 Spain Toluene Diisocyanate Market Volume, by Application, 2014 - 2023 (Kilo Tons)
TABLE 18 Spain Toluene Diisocyanate Market Revenue, by Application, 2014 - 2023 (US$ Mn)
TABLE 19 Italy Toluene Diisocyanate Market Volume, by Application, 2014 - 2023 (Kilo Tons)
TABLE 20 Italy Toluene Diisocyanate Market Revenue, by Application, 2014 - 2023 (US$ Mn)
TABLE 21 Rest of Europe Toluene Diisocyanate Market Volume, by Application, 2014 - 2023 (Kilo Tons)
TABLE 22 Rest of Europe Toluene Diisocyanate Market Revenue, by Application, 2014 - 2023 (US$ Mn)
TABLE 23 Asia Pacific Toluene Diisocyanate Market Volume, by Application, 2014 - 2023 (Kilo Tons)
TABLE 24 Asia Pacific Toluene Diisocyanate Market Revenue, by Application, 2014 - 2023 (US$ Mn)
TABLE 25 China Toluene Diisocyanate Market Volume, by Application, 2014 - 2023 (Kilo Tons)
TABLE 26 China Toluene Diisocyanate Market Revenue, by Application, 2014 - 2023 (US$ Mn)
TABLE 27 Japan Toluene Diisocyanate Market Volume, by Application, 2014 - 2023 (Kilo Tons)
TABLE 28 Japan Toluene Diisocyanate Market Revenue, by Application, 2014 - 2023 (US$ Mn)
TABLE 29 ASEAN Toluene Diisocyanate Market Volume, by Application, 2014 - 2023 (Kilo Tons)
TABLE 30 ASEAN Toluene Diisocyanate Market Revenue, by Application, 2014 - 2023 (US$ Mn)
TABLE 31 Italy Toluene Diisocyanate Market Volume, by Application, 2014 - 2023 (Kilo Tons)
TABLE 32 Rest of Asia Pacific Toluene Diisocyanate Market Revenue, by Application, 2014 - 2023 (US$ Mn)
TABLE 33 Latin America Toluene Diisocyanate Market Volume, by Application, 2014 - 2023 (Kilo Tons)
TABLE 34 Latin America Toluene Diisocyanate Market Revenue, by Application, 2014 - 2023 (US$ Mn)
TABLE 35 Brazil Toluene Diisocyanate Market Volume, by Application, 2014 - 2023 (Kilo Tons)
TABLE 36 Brazil Toluene Diisocyanate Market Revenue, by Application, 2014 - 2023 (US$ Mn)
TABLE 37 Rest of Latin America Toluene Diisocyanate Market Volume, by Application, 2014 - 2023 (Kilo Tons)
TABLE 38 Rest of Latin America Toluene Diisocyanate Market Revenue, by Application, 2014 - 2023 (US$ Mn)
TABLE 39 Middle East and Africa Toluene Diisocyanate Market Volume, by Application, 2014 - 2023 (Kilo Tons)
TABLE 40 Middle East and Africa Toluene Diisocyanate Market Revenue, by Application, 2014 - 2023 (US$ Mn)
TABLE 41 GCC Toluene Diisocyanate Market Volume, by Application, 2014 - 2023 (Kilo Tons)
TABLE 42 GCC Toluene Diisocyanate Market Revenue, by Application, 2014 - 2023 (US$ Mn)
TABLE 43 South Africa Toluene Diisocyanate Market Volume, by Application, 2014 - 2023 (Kilo Tons)
TABLE 44 South Africa Toluene Diisocyanate Market Revenue, by Application, 2014 - 2023 (US$ Mn)
TABLE 45 Rest of Middle East and Africa Toluene Diisocyanate Market Volume, by Application, 2014 - 2023 (Kilo Tons)
TABLE 46 Rest of Middle East and Africa Toluene Diisocyanate Market Revenue, by Application, 2014 - 2023 (US$ Mn)

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