Toluene diisocyanate Prices Today, Price Chart and Forecast Analysis | Procurement Resource
Toluene diisocyanate, also referred to as TDI, serves as a vital organic compound essential for the production of polyurethane. This pale-yellow liquid emits a strong and unpleasant odor and plays a crucial role in various industries, contributing significantly to the production of substantial quantities.
Request for Real-Time Toluene diisocyanate Prices: https://procurementresource.com/resource-center/toluene-diisocyanate-price-trends/pricerequest
The synthesis of TDI initiates with the phosphogention process that involves toluene. Initially, toluene undergoes nitration using nitric acid, resulting in dinitrotoluene during the liquid-phase phosgenation process.
Following this, a catalytic hydrogenation process transforms dinitrotoluene into toluene diamine (TDA). The production of a raw TDI solution involves dissolving TDA in an inert solvent and treating it with phosgene. Subsequently, this mixture undergoes fractional distillation to remove any unreacted phosgene, solvent residues, and hydrogen chloride, resulting in a purified product obtained through vacuum distillation.
On a global scale, major producers of toluene diisocyanate include China, Kenya, the UAE, South Korea, and the United States, contributing significantly to its worldwide production.
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 trends, 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 demand for Toluene Diisocyanate (TDI) has soared in furniture manufacturing in recent years. Luxurious beds, sofas, and chairs increasingly rely on polyurethane foam, fueling the widespread use of TDI. This trend is expected to endure in the coming years.
Projections for the TDI market point to a continuous upward trend, primarily propelled by the increased production of high-end vehicles and heightened competition in the automotive sector. The growing inclination toward using polyurethane foams in automobiles is set to fuel this expansion over the forecast period.
Additionally, the rising need for sealants and coatings to prevent leaks is anticipated to further fortify the TDI market. Anticipated growth in the application of rigid foams in the packaging industry, alongside the sector’s expansion, is poised to act as a pivotal force driving the market’s ascent.
Key Players:
- Overseas Polymers Pvt. Ltd
- Huntsman Corporation
- BorsodChem
- The Dow Chemical Company
- Mitsui Chemicals, Inc
- Bayer
- Lyondell Chemical Company
About Us:
Procurement Resource offers in-depth research on product pricing and market insights for more than 500 chemicals, commodities, and utilities updated daily, weekly, monthly, and annually. It is a cost-effective, one-stop solution for all your market research requirements, irrespective of which part of the value chain you represent.
We have a team of highly experienced analysts who perform comprehensive research to deliver our clients the newest and most up-to-date market reports, cost models, price analysis, benchmarking, and category insights, which help in streamlining the procurement process for our clientele. Our team tracks the prices and production costs of a wide variety of goods and commodities, hence providing you with the latest and consistent data.
To get real-time facts and insights to help our customers, we work with a varied range of procurement teams across industries. At Procurement Resource, we support our clients, with up-to-date and pioneering practices in the industry, to understand procurement methods, supply chain, and industry trends, so that they can build strategies to achieve maximum growth.
Contact Us:
Company Name: Procurement Resource
Contact Person: Christeen Johnson
Email: sales@procurementresource.com
Toll-Free Number: USA & Canada – Phone no: +1 307 363 1045 | UK – Phone no: +44 7537 132103 | Asia-Pacific (APAC) – Phone no: +91 1203185500
Address: 30 North Gould Street, Sheridan, WY 82801, USA