Toluene diisocyanate is a chemical compound with the formula CH3C6H3(NCO)2. It is a colorless pale yellow liquid soluble in several organic solvents. Toluene diisocyanate is manufactured from various raw materials, like crude oil, aniline, propylene, and toluene. It can be found in two forms, namely 2,4-toluene diisocyanate and 2,6-toluene diisocyanate. They are widely utilized to create polyurethane items, including coatings, adhesives, elastomers, rigid and flexible foams, sealants, etc. Toluene diisocyanate is also used to boost octane in gasoline and the production of nitrobenzene, phenol, and benzoic acid.Browse complete production cost analysis report with TOC and list of figures & tables: https://www.syndicatedanalytics.com/toluene-diisocyanate-production-cost-analysis-report
The increasing demand for flexible foam from several end-use industries represents one of the primary factors driving the global toluene diisocyanate market. It is extensively utilized in the flexible foams of footwear, furniture, bedding, carpet underlay, mattresses, etc. Moreover, the rising adoption of toluene diisocyanate for rigid foam in the packaging industry is acting as another growth-inducing factor. Besides this, it has widespread applications in the automobile industry for comfortable seats. This, in turn, is also propelling the global market. Furthermore, the expanding furnishing industry and the launch of modern ready-to-assemble furniture are positively impacting the market growth. Apart from this, the growing requirement for toluene diisocyanate in the coating industry to minimize leakages is expected to augment the toluene diisocyanate market over the forecasted period.
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