Toluene diisocyanate, commonly known as TDI, is an organic compound extensively utilized in the production of polyurethane. This pale-yellow liquid, characterized by a potent and unpleasant odor, is manufactured in significant quantities.
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The production process involves the phosphogention of toluene. Initially, toluene undergoes nitration with nitric acid, resulting in dinitrotoluene through the liquid-phase phosgenation process. Subsequently, catalytic hydrogenation converts dinitrotoluene into toluene diamine (TDA). To create a crude TDI solution, TDA is dissolved in an inert solvent and treated with phosgene. The resulting mixture is then fractionated to eliminate any residual phosgene, solvent, and hydrogen chloride before undergoing vacuum distillation.
Leading the global production of toluene diisocyanate are countries such as China, Kenya, the UAE, South Korea, and the United States.
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 chart, 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:
Toluene Diisocyanate finds significant application in the furniture industry, particularly in the production of luxurious beds, sofas, and chairs. The growing demand for high-end furniture has led to a substantial increase in the use of polyurethane foam, and this trend is expected to persist in the coming years.
The forecasted period is likely to witness the expansion of the toluene diisocyanate market, driven by the increased manufacturing of luxurious vehicles, heightened competition in the automotive sector, and the growing adoption of polyurethane foams in automobiles.
The TDI market’s positive trajectory is further bolstered by the rising need for sealants and coatings to minimize leaks. Additionally, the forecast period is expected to see an upswing in the demand for rigid foams in the packaging industry, spurred by the expanding packaging sector, contributing to the overall growth of the market.
Key Players:
- Overseas Polymers Pvt. Ltd
- Huntsman Corporation
- BorsodChem
- The Dow Chemical Company
- Mitsui Chemicals, Inc
- Bayer
- Lyondell Chemical Company
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