Global Toluene Diisocyanate Market 2020-2024 - Rise in Demand for Rigid Foam from Diversified Industries

Research and Markets

Dublin, Dec. 30, 2020 (GLOBE NEWSWIRE) -- The "Global Toluene Diisocyanate Market 2020-2024" report has been added to ResearchAndMarkets.com's offering.

Global Toluene Diisocyanate Market 2020-2024

The toluene diisocyanate market is poised to grow by 620.01 thousand MT during 2020-2024 progressing at a CAGR of 5% during the forecast period.

The market is driven by the increase in demand for flexible foam for manufacturing bedding and furniture and growing demand for fuel-efficient automobiles.

This study identifies the rise in demand for rigid foam from diversified industries as one of the prime reasons driving the toluene diisocyanate market growth during the next few years.


The report on the toluene diisocyanate market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors. The report offers an up-to-date analysis regarding the current global market scenario, latest trends and drivers, and the overall market environment. The toluene diisocyanate market analysis includes end-user segment and geographical landscapes.

The report presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters.

The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading toluene diisocyanate market vendors that include BASF SE, Covestro AG, Dow Inc., Gujarat Narmada Valley Fertilizers & Chemicals Ltd., Hanwha Group, Huntsman Corp., Kumho Mitsui Chemicals, Tosoh Corp., Vencorex, and Wanhua Chemical Group Co. Ltd.

Also, the toluene diisocyanate market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage on all forthcoming growth opportunities.

Key Topics Covered:

Executive Summary

  • Market Overview

Market Landscape

  • Market ecosystem

  • Value chain analysis

Market Sizing

  • Market definition

  • Market segment analysis

  • Market size 2019

  • Market outlook: Forecast for 2019 - 2024

Five Forces Analysis

  • Five Forces Analysis

  • Bargaining power of buyers

  • Bargaining power of suppliers

  • Threat of new entrants

  • Threat of substitutes

  • Threat of rivalry

  • Market condition

Market Segmentation by End user

  • Market segments

  • Comparison by End user

  • Wood and furniture - Market size and forecast 2019-2024

  • CASE - Market size and forecast 2019-2024

  • Automotive - Market size and forecast 2019-2024

  • Diverse industries - Market size and forecast 2019-2024

  • Market opportunity by End user

Customer landscape

  • Overview

Geographic Landscape

  • Geographic segmentation

  • Geographic comparison

  • APAC - Market size and forecast 2019-2024

  • Europe - Market size and forecast 2019-2024

  • North America - Market size and forecast 2019-2024

  • South America - Market size and forecast 2019-2024

  • MEA - Market size and forecast 2019-2024

  • Key leading countries

  • Market opportunity by geography

  • Market drivers

  • Market challenges

  • Market trends

Vendor Landscape

  • Overview

  • Landscape disruption

Vendor Analysis

  • Vendors covered

  • Market positioning of vendors

  • BASF SE

  • Covestro AG

  • Dow Inc.

  • Gujarat Narmada Valley Fertilizers & Chemicals Ltd.

  • Hanwha Group

  • Huntsman Corp.

  • Kumho Mitsui Chemicals

  • Tosoh Corp.

  • Vencorex

  • Wanhua Chemical Group Co. Ltd.

Appendix

For more information about this report visit https://www.researchandmarkets.com/r/hj6z68

Research and Markets also offers Custom Research services providing focused, comprehensive and tailored research.

CONTACT: CONTACT: ResearchAndMarkets.com Laura Wood, Senior Press Manager press@researchandmarkets.com For E.S.T Office Hours Call 1-917-300-0470 For U.S./CAN Toll Free Call 1-800-526-8630 For GMT Office Hours Call +353-1-416-8900


Latest Stories

  • Nashville man's girlfriend warned he was building bombs

    More than a year before Anthony Warner detonated a bomb in downtown Nashville on Christmas, officers visited his home after his girlfriend told police that he was building bombs in an RV trailer at his residence, according to documents obtained by The Associated Press. Officers were called to Pamela Perry’s home in Nashville on Aug. 21, 2019, after getting a report from her attorney that she was making suicidal threats while sitting on her front porch with firearms, the Metropolitan Nashville Police Department said Tuesday in an emailed statement. A police report said Raymond Throckmorton, the attorney, told officers that day that he also represented Warner.

  • 7-year-old's shooting death fuels calls for private police in affluent Atlanta neighborhood

    Kennedy Maxie was shot while Christmas shopping in the upscale Buckhead area, prompting city leaders to renew efforts for a private security force.

  • Republican senators reportedly start wavering on $2,000 stimulus checks

    The Senate faces an "uphill battle" in passing legislation that would increase direct COVID-19 relief payments for individuals from $600 to $2,000, but Republican lawmakers are facing more pressure to back the measure, Axios reports.The House on Monday narrowly reached the two-thirds majority needed to pass the proposal -- which is separate from a larger $900 billion relief bill approved by both chambers of Congress last week and subsequently signed into law by President Trump after a few days deliberation Sunday -- but it's unclear if Senate Majority Leader Mitch McConnell (R-Ky.) will even let it come to a vote in the upper chamber.Its passage similarly requires a two-thirds majority vote in the Senate, and while most Democrats are seemingly on board, many Republicans have appeared more hesitant because of concerns about mounting debt. But with Trump and their constituents calling for larger checks, there's a chance enough GOP senators will wind up backing the proposal, Republican sources told Axios. One source said if McConnell does bring the measure to the floor, "it might get 60" votes.Sen. Marco Rubio (R-Fla.) made it clear Monday night he will vote for the increase despite concerns about the debt, so a handful of like-minded colleagues would turn the tide. Read more at Axios.> I am concerned about the debt, but working families have been hurt badly by the pandemic > > This is why I supported $600 direct payments to working families & if given the chance will vote to increase the amount https://t.co/EciB6TszTY> > -- Marco Rubio (@marcorubio) December 28, 2020More stories from theweek.com Trump's $2,000 checks push costs him the WSJ editorial board Mnuchin says some Americans may receive stimulus payments tonight $2,000 checks are good

  • 15 of the Most Popular Products Purchased by Clever Readers in 2020

    Unsurprisingly, you invested in sleeping, cleaning, and organizingOriginally Appeared on Architectural Digest

  • Singapore arrests man who spied for China in United States

    Singapore authorities arrested a man on his return to the city-state on Wednesday after he was jailed for spying for China in the United States, saying they would investigate whether he posed a security risk. The Internal Security Department (ISD) will interview Yeo to establish if he had engaged in activities prejudicial to Singapore's security, it said in a statement.

  • The Marine Corps Has Started Fielding 30,000 Rifle Suppressors to Combat Units

    Infantry weapons create an incredible amount of noise, but adding suppressors helps muffle their audible signature.

  • Joe Biden refers to Kamala Harris as ‘president-elect’

    Incoming president slipped-up as he issued criticism of the Trump administration’s vaccine roll-out

  • Republican David Perdue becomes 4th Georgia Senate candidate to endorse $2,000 stimulus checks

    Sen. David Perdue (R-Ga.) on Tuesday became the fourth and final candidate in Georgia's looming Senate runoffs to endorse increasing individual COVID-19 stimulus checks from $600 to $2,000, a measure supported by President Trump.> President @realdonaldtrump is right — I support this push for $2,000 in direct relief for the American people. https://t.co/Al3USM7zPr> > — David Perdue (@Perduesenate) December 29, 2020Perdue's fellow incumbent Republican, Sen. Kelly Loeffler (R-Ga.), tweeted her support for the boosted direct payments shortly before Perdue, while their respective Democratic challengers, Jon Ossoff and Raphael Warnock, were already on board. Ossoff called on Perdue to back the increase earlier Tuesday.> Democratic Georgia Senate candidate Jon Ossoff says his opponent Sen. David Perdue needs to “get with the program” and support $2,000 stimulus checks for Americans.> > “$600 is a joke,” Ossoff says. https://t.co/zReXsjNN4V pic.twitter.com/4m8A4RlCpB> > — New Day (@NewDay) December 29, 2020While the candidates' stances on the issue will likely have an effect on the tightly contested runoffs, Loeffler and Perdue are sitting senators who will vote on the measure if it's brought to the floor. They join Sens. Marco Rubio (R-Fla.) and Josh Hawley (R-Mo.) in supporting bigger checks, which means it's likely eight more GOP senators would have to join them to get the two-thirds majority required for passage.More stories from theweek.com Trump's $2,000 checks push costs him the WSJ editorial board Mnuchin says some Americans may receive stimulus payments tonight $2,000 checks are good

  • Officials: Truck plunges off bridge into Chesapeake Bay

    Fire, police, and EMS units arrived to find the vehicle floating in the water, said Virginia Beach Fire Department Battalion Chief Richard Trent. Witnesses saw a man get out of the truck and drift westward in the water, Coast Guard officials said. Coast Guard rescuers joined with the fire department, emergency medical services and police to search for the driver.

  • 'People are looking for their loved ones': Croatia rocked by powerful 6.4 earthquake

    A powerful 6.4 magnitude earthquake rocked the western Balkans and collapsed buildings in central Croatia on Tuesday, leaving rescue teams combing through the rubble in the hard-hit town of Petrinja, about 30 miles south of the capital Zagreb. The tremor struck at a depth of 10 kilometres at around 1130 GMT near Petrinja, according to the US Geological Survey (USGS). The number of injured is not yet known. In Zagreb, panicked residents raced onto the streets. Pulitzer-prize winning New York writer Tim Page told the Telegraph: “We felt it good and hard here.” “I taught at USC in California for a number of years, so am quite accustomed to earthquakes, but this is the first time I have actually ever hidden myself under something.” In hard-hit Petrinja, which is home to around 20,000 people, images from the Croatian Red Cross showed collapsed buildings and streets strewn with rubble as residents desperately dug for survivors with their bare hands. "We are pulling people from cars, we don't know if there are dead or injured," the mayor of Petrinja Darinko Dumbovic told regional broadcaster N1. "There is general panic, people are looking for their loved ones."

  • What my grandfather's life taught me about China and America

    Vincent Ni reflects on the long life of his grandfather and a crucial choice he made as a young man.

  • Schumer reportedly abandons fundraising efforts in Georgia's Senate runoffs

    Democrats still have a chance to retake the Senate -- but the body's leadership has reportedly all but given up.Jon Ossoff and Raphael Warnock are challenging Georgia GOP Sens. David Perdue and Kelly Loeffler in races that will determine the outlook of the Senate. But as Ossoff and Warnock scramble to match Republicans' fundraising efforts, Senate Minority Leader Chuck Schumer (D-N.Y.) has stopped meeting with donors altogether, a source tells NBC News.Over the past two months, Ossoff and Warnock have each brought in more than $100 million, largely via grassroots donations. Their fundraising totals beat out the Republicans' efforts during the same periods, but outside Republican groups are winning in terms of big-dollar TV ad spending, NBC News reports. This leaves the GOP with plenty of resources to engage in direct voter contact and encourage new or unlikely voters to turn out on their behalf on Jan. 5 -- something Warnock and Ossoff's campaign managers called "essential" in a campaign memo obtained by NBC News. "To win this election in 8 days, we need to continue our historic efforts to turn out every single voter -- but we won't be able to do that if our fundraising revenue continues to fall," the managers wrote.Outside Democratic donors did spend big during the 2020 election cycle in an effort to overturn the Republicans' Senate majority. But after Democrats failed to decisively do so, Schumer has reportedly stopped asking for more support. Despite the fact that President-elect Joe Biden flipped the state for the first time in decades, Schumer is "pessimistic" about Ossoff and Warnock's chances and is no longer meeting with donors to avoid ruining relationships for years to come, the source tells NBC News. But as Ossoff and Warnock's campaigns see it, donations focused on boosting turnout have never been more important. Read more at NBC News. Update 2:30 p.m. ET: A spokesperson for Schumer said NBC News' reporting is "absolutely not true." The representative, Justin Goodman, added that "Schumer has diligently made calls and fundraised for both Georgia candidates and is optimistic about their chances in January."More stories from theweek.com Trump's $2,000 checks push costs him the WSJ editorial board Mnuchin says some Americans may receive stimulus payments tonight $2,000 checks are good

  • What is 'Black Flag?' Inside the Air Force's Newest Major Exercise

    The Air Force has just signed off on a new flag exercise that brings together large weapons and capabilities under one event.

  • Woman filmed making false phone theft accusation against musician’s Black teenage son

    Fourteen-year-old said incident left him ‘shell-shocked’

  • Trump pardon of Blackwater Iraq contractors violates international law - UN

    U.S. President Donald Trump's pardon of four American men convicted of killing Iraqi civilians while working as contractors in 2007 violated U.S. obligations under international law, U.N. human rights experts said on Wednesday. Nicholas Slatten was convicted of first-degree murder, while Paul Slough, Evan Liberty and Dustin Heard were convicted of voluntary and attempted manslaughter, over the incident in which U.S. contractors opened fire in busy traffic in a Baghdad square and killed 14 unarmed Iraqi civilians.

  • Court: Parents of child who killed himself can sue educators

    The parents of an 8-year-old student who killed himself after being persistently bullied can move forward with a lawsuit against the Cincinnati school district that alleges wrongful death and other charges, a federal appeals panel ruled Tuesday. The three-judge panel of the 6th U.S. Circuit Court Appeals said Gabriel Taye's parents had established “reckless behavior” that prevents school officials from receiving governmental immunity for their handling of the case. The lawsuit's allegations also charge school officials with intentional and negligent infliction of emotional distress and failure to report child abuse.

  • Senate Investigation Finds Obama Admin Knowingly Funded al-Qaeda Affiliate

    Non-profit humanitarian agency World Vision United States improperly transacted with the Islamic Relief Agency (ISRA) in 2014 with approval from the Obama administration, sending government funds to an organization that had been sanctioned over its ties to terrorism, according to a new report.Senate Finance Committee Chairman Chuck Grassley (R., Iowa) recently released a report detailing the findings of an investigation his staff began in February 2019 into the relationship between World Vision and ISRA.The probe found that World Vision was not aware that ISRA had been sanctioned by the U.S. since 2004 after funneling roughly $5 million to Maktab al-Khidamat, the predecessor to Al-Qaeda controlled by Osama Bid Laden. However, that ignorance was born from insufficient vetting practices, the report said.“World Vision works to help people in need across the world, and that work is admirable,” Grassley said in a statement. “Though it may not have known that ISRA was on the sanctions list or that it was listed because of its affiliation with terrorism, it should have. Ignorance can’t suffice as an excuse. World Vision’s changes in vetting practices are a good first step, and I look forward to its continued progress.”The investigation was sparked by a July 2018 National Review article in which Sam Westrop, the director of the Middle East Forum’s Islamist Watch, detailed MEF’s findings that the Obama administration had approved a “$200,000 grant of taxpayer money to ISRA.”Government officials specifically authorized the release of “at least $115,000” of this grant even after learning that it was a designated terror organization, Westrop wrote.According to the Senate report, World Vision submitted a grant application to the United States Agency for International Development (USAID) to carry out its Blue Nile Recovery Program on January 21, 2014. The proposed program sought to provide food security, sanitation equipment, and health services to areas hard-hit by conflict in the Blue Nile region of Sudan.USAID awarded World Vision a $723,405 grant for the program. The next month, ISRA agreed to provide humanitarian services to parts of the Blue Nile Region for World Vision, according to the report. The two organizations had also collaborated on several projects in 2013 and 2014.World Vision only discovered ISRA was sanctioned after the Evangelical humanitarian non-profit discussed partnering with the International Organization for Migration (IOM) on a separate humanitarian project in Sudan. In performing a routine vetting of World Vision and its partners, IOM discovered ISRA’s sanctioned status and reached out to the Office of Foreign Assets Control (OFAC) Compliance Team to confirm.After receiving confirmation from OFAC, IOM rejected World Vision’s offer to collaborate, the report says.World Vision’s legal department was notified of ISRA’s potential status as a sanctioned entity in September 2014 and immediately halted all payments to the organization while it investigated.The non-profit sent a letter to OFAC on November 19, 2014, asking for clarification regarding ISRA’s status, and requesting that, in the event that ISRA was sanctioned, it be awarded a temporary license to finish out the organizations’ existing contract.Two months later, Treasury responded, confirming that ISRA is sanctioned and denying the request for a license to work with the organization, as that would be “inconsistent with OFAC policy.”One month later, World Vision submitted another request for a license to transact with ISRA to pay them $125,000 for services rendered, lest it face legal consequences and potential expulsion from Sudan.On May 4, 2015, the Obama administration’s State Department recommended OFAC grant World Vision’s request for the license to transact. The next day, OFAC granted the license to pay ISRA $125,000 for services rendered, and later sent the non-profit a “cautionary letter” making it aware that its collaboration with ISRA appeared to have violated the Global Terrorism Sanction Regulations.The report said the investigation “did not find any evidence that World Vision intentionally sought to circumvent U.S. sanctions by partnering with ISRA.”“We also found no evidence that World Vision knew that ISRA was a sanctioned entity prior to receiving notice from Treasury,” the report adds. “However, based on the evidence presented, we conclude that World Vision had access to the appropriate public information and should have known how, but failed to, properly vet ISRA as a sub-grantee, resulting in the transfer of U.S. taxpayer dollars to an organization with an extensive history of supporting terrorist organization [sic] and terrorists, including Osama Bin Laden.”The report calls World Vision’s system for vetting prospective sub-grantees “borderline negligent” and says the organization “ignored elementary level investigative procedures.”World Vision spent weeks after being informed by IOM of ISRA’s sanction status investigating the claim and was unable to reach a conclusion, relying upon “what could only be described as flawed logic,” the report says.The report accuses World Vision of attempting to eschew blame, and notes that IOM “was able to quickly vet ISRA and determine their status as a sanctioned entity.” “Had World Vision employed the same due diligence and similar methods employed by IOM, taxpayer dollars would not have exchanged hands with an organization that is known to fund terrorist organizations,” it said. While World Vision has instituted additional screening methods, “the Finance Committee staff has reservations” about its ability to avoid similar situations in the future, the report says. “World Vision has a duty to ensure that funds acquired from the U.S. government or donated by Americans do not end up supporting terrorist activity,” it says. “Particularly concerning to this Committee is World Vision’s attempt to shift the blame to the federal government for their own inability to properly vet a subcontractor. A more robust and fundamentally sound system of screening and vetting is needed to restore the public’s trust that contributions made to World Vision are not funding illicit organizations.”“Moreover, although we find no reason to doubt World Vision’s assertion that the funds in their entirety were used by ISRA for humanitarian purposes, that money inevitably aids their terrorist activities,” it concludes.World Vision said in a statement that it “takes our compliance obligations seriously and shares Sen. Grassley and the committee staff's objective for good stewardship.”“We appreciate the acknowledgement that the committee staff’s report to the chairman 'found no evidence that World Vision knew that ISRA was a sanctioned entity prior to receiving notice from Treasury,’” it added. “Terrorism runs counter to everything World Vision stands for as an organization and we strongly condemn any act of terrorism or support for such activities.”

  • Biden says ‘enormous damage’ has been done to government agencies dealing with national security

    Delivering remarks on Monday, President-elect Joe Biden said under the Trump administration, government agencies in charge of national security have “incurred enormous damage.”

  • Ex-Miami-Dade police aide faces prison after selling fake reports to clean up bad credit

    It’s a law enforcement crime that happens at a desktop computer, not out on the street with a badge.

  • Nashville suspect died in Christmas Day explosion, authorities say

    Federal officials said the suspect in a Christmas Day bombing in Nashville blew himself up in the explosion.