FORT WORTH, Texas, July 21, 2015 /PRNewswire/ --
According to the new Market Research Report "Global Toluene Diisocyanate Market by Application (Polyurethane Foam & Polyurethane CASE), by Geography (Asia-Pacific, Europe, North America & RoW) - Analysis & Forecast to 2019", The global toluene diisocyanate market in 2014 is about $ 6195.6 million and is estimated to reach $ 8,015.8 million by 2019, growing at a CAGR of 5.4%, from 2014 to 2019.
Browse through the TOC of Global Toluene Diisocyanate Market for an in-depth analysis of the industry trends and segments, with help of various tables and figures.
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The global toluene diisocyanate market is significantly penetrating their end-user industries. They have different characteristics as per their manufacturing and application requirement in the end-products. The Asia-Pacific region is expected to dominate this market with its growing demand for toluene diisocyanate in different applications, especially in the construction category. The Asia-Pacific and European markets are estimated to show a rising growth in the next five years, with the allied industries expected to stabilize the overall business need in the respective regions.
Investments and expansions is a key part of this market. The manufacturing companies, associations, and end-product manufacturers infuse high investments for future advancements and technology modifications of toluene diisocyanate to match the new demands coming from various end-user industries.
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The Asia-Pacific is the largest region, both in terms of volume and value, followed by Europe and North America. China, India, U.S., Germany, and Brazil are expected to persist as successful toluene diisocyanate markets. The key players in the global toluene diisocyanate market are BASF Corporation (U.S.), Bayer AG (Germany), Birsodchem (U.S.), KPX Fine Chemical Company Ltd. (South Korea), Yantai Juli Isocyanic Ester Co. (China), Vencorex (U.S.), and others.
The toluene diisocyanate demand, in terms of value and volume, depicts the current and future projections according to the parallel economic and industrial outlook. This analysis covers important developments, expansions, agreements, and mergers & acquisitions of the leading global companies.
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