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Toluene diisocyanate is an organic compound and is abbreviated as TDI. It is extensively employed to produce polyurethane. It is a pale-yellow liquid and has a very strong and unpleasant odour. It is created in vast quantities.
It is produced via the phosphogention of toluene. First, toluene is nitrated with nitric acid to form dinitrotoluene, during the liquid-phase phosgenation process.
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After that, it is catalytically hydrogenated to yield toluene diamine (TDA). To produce a crude TDI solution, it is first dissolved in an inert solvent and subjected to the treatment of phosgene. It is fractionated to get rid of any unreacted phosgene, solvent, and hydrogen chloride before being vacuum-distilled.
China, Kenya, the UAE, South Korea, and the United States are the top toluene diisocyanate-producing countries around the globe.
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 analysis, including India’s Toluene diisocyanate price, USA’s Toluene diisocyanate price, pricing database, and chart 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.
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Industrial Uses Impacting Toluene Diisocyanate Price Trend:
One of the main applications of Toluene Diisocyanate is furniture. Over the past few years, rising demand for opulent beds, sofas, and chairs led to significant polyurethane foam use, and the trend is expected to continue over the projected period.
Throughout the course of the forecast period, growth in the toluene diisocyanate market is anticipated to be driven by expanding production of opulent vehicles, increased rivalry in the automotive industry, and encouraging the use of polyurethane foams in cars.
Growth in the TDI market is anticipated to be positively impacted by rising demand for sealants and coatings to decrease leaks. During the course of the forecast period, rising demand for rigid foams in the packaging industry and ensuing expansion of the packaging sector is anticipated to drive market growth.
Key Players:
- Overseas Polymers Pvt. Ltd
- Huntsman Corporation
- BorsodChem
- The Dow Chemical Company
- Mitsui Chemicals, Inc
- Bayer
- Lyondell Chemical Company
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