Toluene diisocyanate, commonly known as TDI, belongs to the class of organic compounds and is predominantly used in the manufacturing of polyurethane. This pale-yellow liquid emits a potent and unpleasant odor and is produced in large quantities.
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Its production involves a process starting with the nitration of toluene using nitric acid to create dinitrotoluene, followed by a liquid-phase phosgenation method. This dinitrotoluene is then catalytically hydrogenated to form toluene diamine (TDA). The crude TDI solution is obtained by dissolving TDA in an inert solvent and treating it with phosgene. Subsequent steps involve fractionation to eliminate any remaining phosgene, solvent, and hydrogen chloride through 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 chart, 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:
The utilization of Toluene Diisocyanate extends notably to furniture production. Recent years have witnessed a surge in the desire for luxurious beds, sofas, and chairs, consequently driving a substantial increase in the utilization of polyurethane foam. This upward trend is expected to persist in the foreseeable future.
Projections for the Toluene Diisocyanate market indicate growth, largely attributed to the burgeoning production of high-end vehicles, heightened competition within the automotive sector, and the growing adoption of polyurethane foams in automobiles.
The expansion of the TDI market is poised to benefit from the increased demand for sealants and coatings aimed at minimizing leaks. Additionally, the projected rise in demand for rigid foams in packaging, alongside the anticipated growth of the packaging industry, is expected to be a significant driver for market expansion during the forecasted 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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