Bedding and mattress is the largest end-user industry for toluene diisocyanate. Flexible foam is extensively used in bedding and mattresses globally. The bedding and mattress industry has transformed into a dynamic and lucrative market in the last few years.
Albany, NY -- (SBWIRE) -- 01/05/2016 -- 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.
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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.
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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.
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