세계의 톨루엔 디이소시아네이트(TDI) 시장 수요, 예측 분석(2018-2034년)

Toluene Diisocyanate (TDI) is an essential segment of the isocyanate family, primarily used in the production of flexible polyurethane foams. These foams are mainly used in various applications including mattresses, furniture, automotive seats, packaging materials, etc. The growing consumer demand for comfort and durability across multiple industries continues to propel the use of TDI globally. Increasing urbanization, rising automotive production, and the expansion of the furniture sector are also playing pivotal roles in driving market growth. With innovations in TDI-based applications, the market is witnessing evolving trends in product development and industrial usage.

Demand by Application and Type

Toluene Diisocyanate finds its primary use in the production of flexible foam, which dominates global TDI market. These foams are mainly used in various applications including mattresses, furniture, automotive seats, packaging materials, etc due to its superior cushioning properties. Rigid foam, while a smaller segment, is gaining traction for its thermal insulation capabilities in construction. Additionally, TDI is used in adhesives and sealants, surface coatings, and polyurethane elastomers. The transportation sector utilizes TDI for manufacturing products that are lightweight yet durable components, contributing to vehicle efficiency.

Regional Demand Analysis

Regionally, Asia-Pacific dominates the global TDI market owing to its large manufacturing base and expanding middle-class population. China, India, and Southeast Asian countries are experiencing robust growth in automotive, building & construction, and furniture industries, leading to heightened TDI demand. North America follows closely, supported by high investments in infrastructure and automotive innovation. Europe also maintains a steady demand, especially from automotive and building & construction end use. Meanwhile, the Middle East and Africa are showing signs of gradual uptake, fueled by urban development and growing consumer goods sectors. Latin America represents a developing market, with Brazil being a major contributor.

Key Manufacturers

The TDI market is moderately consolidated, with key players maintaining a strong global presence through technological advancements and strategic expansions. Prominent manufacturers include BASF, Covestro, and Wanhua Chemical Group, each playing a vital role in global supply. Wanhua has particularly strengthened its market position through vertical integration and regional expansions. Other key producers include Gujarat Narmada Valley Fertilizers Co. (GNFC), Vencorex, BorsodChem, and Sadara. Emerging players in China such as Cangzhou Dahua Group, Yantai Juli Isocyanate, and Xinjiang Heshan Juli Chemical are also expanding their production capacities to meet domestic and global demand. Partnerships, mergers, and R&D efforts remain a critical strategy for these companies.

Key Driver

A major driver for the TDI market is the rising demand for flexible polyurethane foams in the furniture and bedding industry. As consumers prioritize comfort, customization, and ergonomic support, the furniture industry is evolving rapidly, especially in developing economies. This trend is complemented by increased disposable incomes and urban housing expansion. The demand for premium mattresses and seating solutions in both residential and commercial segments directly fuels the need for TDI-based foams. This application's versatility and cost-effectiveness make it a cornerstone for long-term market growth.

Table of Contents

1. Introduction

• Scope
• Market Coverage
  • Applications
  • Regions
  • Countries
• Years Considered
  • Historical - 2018 - 2023
  • Base - 2024
  • Forecast Period - 2025 - 2034
• Research Methodology
  • Approach
  • Research Methodology
  • Prismane Consulting Market Models
  • Assumptions & Limitations
  • Abbreviations & Definitions
  • Conversion Factors
  • Data Sources

2. Market Synopsis

• Market Evolution
• Demand Overview
• Industry Structure
• Strategic Issues
• End-use Trends
• Growth Forecast

3. Economic & Energy Outlook

• GDP and Demographics
• Monetary & Fiscal Policies
• Crude Oil Production and prices
• Natural Gas
• Electricity Prices

4. End-use Sector Performance

• Packaging
• Industrial
• Electrical & Electronics
• Construction
• Others

5. Introduction to Toluene Diisocyanate (TDI) and Market Overview

• Product Description
• Grades & Properties
• Raw Material
• Manufacturing Process
• Environmental Issues
• Value Chain
• Applications

6. Market Dynamics and Industry Trends

• Market Dynamics
  • Drivers
  • Restraints
  • Opportunities
  • Challenges

7. Global Toluene Diisocyanate (TDI) Demand Analysis, By Applications (Volume, Value) (2018-2034)

• Strategic Issues and COVID-19 Impact
• Demand Analysis and Forecast (2018- 2034)
  • Demand
  • Demand Growth Rate (%)
  • Driving Force Analysis
  • Global Toluene Diisocyanate (TDI) Market, By Applications
• Rigid Foam
• Flexible Foam
• Furniture
• Transportation
• Adhesives & Sealants
• Surface Coatings
• Polyurethane Elastomers
• Others

8. Demand Analysis and Market Review, By Region, By Country (Volume, Value), (2018- 2034)

• Strategic Issues and COVID-19 Impact
• Demand Analysis and Forecast (2018- 2034)
• Demand
• Demand Growth Rate (%)
• Toluene Diisocyanate (TDI) Market, By Applications

Note: Demand Analysis has been provided for all major Regions / Countries as mentioned below. The demand (consumption) split applications have been provided for each of the countries / regions in Volume (Kilo tons) and Value (USD Million).

• North America
• USA
• Canada
• Mexico
• Western Europe
• Germany
• France
• Italy
• United Kingdom
• Spain
• Rest of Western Europe
• Central & Eastern Europe
• Russia
• Poland
• Rest of Central & Eastern Europe
• Asia-Pacific
• China
• Japan
• India
• South Korea
• Rest of Asia-Pacific
• Central & South America
• Middle East & Africa

Note: CAGR will be calculated for all applications to arrive at the regional / global demand growth for the forecast period (2025 - 2034)

9. Pricing Analysis

10. Key Strategic Issues and Business Opportunity Assessment

• Market Attractiveness Assessment
• Prospective & Target Market Study

11. Strategic Recommendation & Suggestions

12. Company Analysis

• Toluene Diisocyanate (TDI) Manufacturers Profiles/ Company Analysis
  • Basic Details
  • Headquarter, Key Markets
  • Ownership
  • Company Financial
  • Manufacturing Bases
  • Global Turnover
  • Total Employee
  • Product Portfolio / Services / Solutions
  • Key Business Strategies adopted and Prismane Consulting Overview
  • Recent Developments
  • Companies Covered -
• BASF
• Bayer Material Science
• The Dow Chemical Company
• ChemChina Petrochemicals Co. Ltd.
• Nan Ya Plastics
• Brunsbttel
• Borsod Chem
• Mitsui Chemicals
• Cangzhou Dahua Group
• Other Manufacturers

Note: This section includes company information, company financials, manufacturing bases and operating regions. Company financials have been mentioned only for those companies where financials were available in SEC Filings, annual reports, or company websites. All the reported financials in this report are in U.S. Dollars. Financials reported in other currencies have been converted using average currency conversion rates. Company profiles may include manufacturers, suppliers, and distributors.

13. Appendices

• Demand - Regions
• Demand - Countries