Dublin, March 28, 2019 (GLOBE NEWSWIRE) -- The "Global Toluene Diisocyanate Market 2019-2023" report has been added to ResearchAndMarkets.com's offering.

The toluene diisocyanate market will register a CAGR of almost 4% by 2023.

TDI-based flexible polyurethane foam offers excellent comfort feature to being, mattresses, and pillows. It also offers outstanding cushioning property, along with several other physical properties such as lightweight, low odor, resiliency, and quick recovery to original shape after compression.

Owing to these significant properties, flexible polyurethane foam is extensively used in furniture as well. Flexible polyurethane foam has several other features such as good air permeability and excellent breathability. India, China the US, and Germany are the leading consumers of flexible foam for furniture and bedding.

Market Overview

Rise in demand for rigid foam from diversified industries

Rigid polyurethane foam is significant in achieving environmental benefits and increasing energy efficiency and reducing energy consumption in construction and, thus, decreasing the project cost. Thus, the increasing demand for rigid foam, owing to its benefits and use in construction and automotive industries, is expected to accelerate the growth of the global toluene diisocyanate market during the forecast period.

High fluctuations in TDI prices

Although the global toluene dilsocyanate market is growing at a steady rate still faces challenges owing to volatility in the prices of TDI. The market is also influenced by fluctuations in crude oil prices, as toluene (the key raw material used to produce TDI) is derived from crude oil. The fluctuations in crude oil prices impact the cost of raw material and the final cost of TDI and adversely affect the profit margins of TDI manufacturers.

Competitive Landscape

The market appears to be moderately concentrated and with the presence of limited vendors. This market research report will help clients identify new growth opportunities and design unique growth strategies by providing a comprehensive analysis of the market's competitive landscape and offering information on the products offered by companies.

Key Topics Covered:

PART 01: EXECUTIVE SUMMARY

PART 02: SCOPE OF THE REPORT

PART 03: MARKET LANDSCAPE

PART 04: MARKET SIZING

PART 05: FIVE FORCES ANALYSIS

PART 06: MARKET SEGMENTATION BY END-USER

PART 07: CUSTOMER LANDSCAPE

PART 08: GEOGRAPHIC LANDSCAPE

PART 09: DRIVERS AND CHALLENGES

PART 10: MARKET TRENDS

PART 11: VENDOR LANDSCAPE

PART 12: VENDOR ANALYSIS

PART 13: APPENDIX

For more information about this report visit https://www.researchandmarkets.com/r/xpehot

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Related Topics: Polyurethanes, Plastic Additives