The Asia-Pacific Toluene Diisocyanate Market is estimated to grow to $3,043.8 Million by 2018


Posted September 3, 2014 by SamuelLawrence

Asia-Pacific Toluene diisocyanate (TDI) Market provides pictorial methodology along with detailed sizing by capturing all dependent markets

 
The Asia-Pacific Toluene Diisocyanate Market report defines and segments the toluene diisocyanate market in Asia-Pacific with analysis and forecast of revenue.

Browse through the TOC of the Asia-Pacific Toluene Diisocyanate Market report, to get an idea of the in-depth analysis provided. This also provides a glimpse of the segmentation in the Asia-Pacific toluene diisocyanate market, and is supported by various tables and figures.

http://www.micromarketmonitor.com/market/asia-pacific-toluene-diisocyanate-tdi-2231650703.html

Toluene diisocyanate (TDI) is an intermediate in the production of polyurethanes, which has many useful properties and wide range of applications. TDI is widely used in the production of flexible polyurethanes foams. TDI-based products find use in various industries such as construction, automotive, and electronics. The consumption of TDI is very high, as it is widely used in major industries such as automotive, furniture, paints & coatings, adhesives & sealants, and elastomers. Most of these industries are growing at a fast pace due to the growing demand from developing economies, which in turn are increasing the demand for TDI and TDI-based products.

The Asia-Pacific Toluene Diisocyanate Market is estimated to grow from $2,253.7 Million in 2013 to $3,043.8 Million by 2018 at a CAGR of 6.3% from 2013 to 2018. The Asia-Pacific region continues to drive the global economic recovery. Asia-Pacific’s growing demand for energy and basic materials is expected to propel the region to increase production of metals, chemicals, and paper. With increasing infrastructure expenditure, the toluene diisocyanate (TDI) market in Asia-Pacific is bound to grow significantly, and it will outpace other regions. A major portion of the TDI consumption in Asia-Pacific is for the polyurethane foam industry, which is the major driver of the region. The key countries in the region are China, India, and Japan. China is the largest market for TDI in Asia-Pacific. A major portion of the TDI in China was consumed for rigid foam and flexible foam applications. Cheap raw materials, labor, and land, coupled with a moderately stringent regulatory framework, have enabled China to emerge as the global leader in production, while the growing domestic demand, especially in construction, automotive, and electronics industries have resulted in the country emerging as the leading consumer of TDI materials.
The report covers the Asia-Pacific toluene diisocyanate, market which is segmented on the basis of application and geography. The Asia-Pacific toluene diisocyanate market is applied in rigid foam, flexible foam, paints & coatings, adhesives & sealants, elastomers, and binders.

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Tags asiapacific toluene diisocyanate tdi market , asiapacific toluene diisocyanate tdi market forecast , asiapacific toluene diisocyanate tdi market report , asiapacific toluene diisocyanate tdi market share
Last Updated September 3, 2014