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Home>High Demand for PU to Boost the Toluene Diisocyanate Market | Technavio

High Demand for PU to Boost the Toluene Diisocyanate Market | Technavio

High Demand for PU to Boost the Toluene Diisocyanate Market | Technavio

10/04/2017

High Demand for PU to Boost the Toluene Diisocyanate Market | Technavio

The global toluene diisocyanate (TDI) market is expected to grow at a CAGR of close to 5% during the forecast period, according to Technavio’s latest market research.

This press release features multimedia. View the full release here: http://www.businesswire.com/news/home/20171004006155/en/

Technavio has published a new report on the global toluene diisocyanate market from 2017-2021. (Grap ...

Technavio has published a new report on the global toluene diisocyanate market from 2017-2021. (Graphic: Business Wire)

In this market research report, Technavio covers the market outlook and growth prospects of the global toluene diisocyanate market for 2017-2021. The market is further categorized into five end-user segments, including flexible foams, coatings, elastomers, rigid foams, and adhesives and sealants. The flexible foam segment dominated the market with close to 87% of the market share in 2016.

“The global demand for the use of TDI in flexible foams, particularly for mattresses and bedding, is on the rise owing to the extent of comfort TDI offers as an integral part of PU foams. Modern offices and homes would be less comfortable without the use of PU foams. Flexible foams in furniture, bedding, and mattresses are soft, yet they offer good support are durable and retain their shape,” says Kshama Upadhyay, a lead specialty chemicals research expert from Technavio.

Technavio’s research analysts segment the global TDI market into the following regions:

  • APAC
  • EMEA
  • Americas

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