Industry: Chemical & Material
Published Date: 2025-02-24
Pages: 87 Pages
Report ld: 4188722
Request Sample
Customized Report
Toluene Diisocyanate Market Size(US$)

CAGR 2025-2031
2.1%
Market Size,2031
USD 8,544
Million
Market Snapshot
Source: Secondary research, interviews with experts, and QYResearch analysis
The global market for Toluene Diisocyanate was estimated to be worth US$ 7403 million in 2024 and is forecast to a readjusted size of US$ 8544 million by 2031 with a CAGR of 2.1% during the forecast period 2025-2031.
Organic compound with formulae CH3C6H3(NCO)2 is known as Toluene Diisocyanate. Furthermore, isocyanate functional groups in Toluene Diisocyanate form urethane, when it reacts with hydroxyl. Besides this TDI or Toluene Diisocyanate is also used to boost octane in gasoline.
There are several drivers and opportunities that are influencing the growth of the toluene diisocyanate market worldwide. Growing need for flexible foam across several countries is driving the TDI market. Moreover, flexible foam today sees great demand owing to its increasing customer need for mattress and bedding worldwide. On the other hand, rising demand for TDI application in the manufacturing of automotive seats, is believed to witness a robust growth over the following year.
This report aims to provide a comprehensive presentation of the global market for Toluene Diisocyanate, focusing on the total sales volume, sales revenue, price, key companies market share and ranking, together with an analysis of Toluene Diisocyanate by region & country, by Type, and by Application.
The Toluene Diisocyanate market size, estimations, and forecasts are provided in terms of sales volume (K MT) and sales revenue ($ millions), considering 2024 as the base year, with history and forecast data for the period from 2020 to 2031. With both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Toluene Diisocyanate.
MARKET SEGMENTATION
CHAPTER OUTLINE
Chapter 1: Introduces the report scope of the report, global total market size (value, volume and price). This chapter also provides the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 2: Detailed analysis of Toluene Diisocyanate manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 4: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 5: Sales, revenue of Toluene Diisocyanate in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the market development, future development prospects, market space, and market size of each country in the world.
Chapter 6: Sales, revenue of Toluene Diisocyanate in country level. It provides sigmate data by Type, and by Application for each country/region.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Conclusion.
QYRESEARCH'S STRENGTHS
Unlike generic global market reports, this study combines macro-level industry trends with hyper-local operational intelligence, empowering data-driven decisions across the Compound Chocolate value chain, addressing:
We identify regional market threats and growth prospects to guide your overseas layout.
We adjust product portfolios in line with local consumption habits.
We unpack rivals’ operation strategies for scattered and highly concentrated industries.
We cover competition landscape, full supply chain and quantified market size data, and deliver tailor-made customized surveys to meet your unique business demands.
We own self-owned massive exclusive databases, backed by 19 years of global market research experience across thousands of sectors.
Our team operates 24 hours a day, 365 days a year, enabling ultra-fast report turnaround to respond to your research needs efficiently.
We integrate regional risk assessment, localized product optimization and competitor analysis to deliver actionable market strategies.
All data is cross-verified from multiple industry sources to deliver thorough, precise analysis that supports reliable corporate strategic decisions.
We provide responsive, dedicated after-sales support to resolve all follow-up inquiries about reports, data and industry interpretation.
TABLE OF CONTENTS
1 Market Overview
1.1 Toluene Diisocyanate Product Introduction
1.2 Global Toluene Diisocyanate Market Size Forecast
1.2.1 Global Toluene Diisocyanate Sales Value (2020-2031)
1.2.2 Global Toluene Diisocyanate Sales Volume (2020-2031)
1.2.3 Global Toluene Diisocyanate Sales Price (2020-2031)
1.3 Toluene Diisocyanate Market Trends & Drivers
1.3.1 Toluene Diisocyanate Industry Trends
1.3.2 Toluene Diisocyanate Market Drivers & Opportunity
1.3.3 Toluene Diisocyanate Market Challenges
1.3.4 Toluene Diisocyanate Market Restraints
1.4 Assumptions and Limitations
1.5 Study Objectives
1.6 Years Considered
2 Competitive Analysis by Company
2.1 Global Toluene Diisocyanate Players Revenue Ranking (2024)
2.2 Global Toluene Diisocyanate Revenue by Company (2020-2025)
2.3 Global Toluene Diisocyanate Players Sales Volume Ranking (2024)
2.4 Global Toluene Diisocyanate Sales Volume by Company Players (2020-2025)
2.5 Global Toluene Diisocyanate Average Price by Company (2020-2025)
2.6 Key Manufacturers Toluene Diisocyanate Manufacturing Base and Headquarters
2.7 Key Manufacturers Toluene Diisocyanate Product Offered
2.8 Key Manufacturers Time to Begin Mass Production of Toluene Diisocyanate
2.9 Toluene Diisocyanate Market Competitive Analysis
2.9.1 Toluene Diisocyanate Market Concentration Rate (2020-2025)
2.9.2 Global 5 and 10 Largest Manufacturers by Toluene Diisocyanate Revenue in 2024
2.9.3 Global Top Manufacturers by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in Toluene Diisocyanate as of 2024)
2.10 Mergers & Acquisitions, Expansion
3 Segmentation by Type
3.1 Introduction by Type
3.1.1 Chemical Level
3.1.2 Analysis Level
3.2 Global Toluene Diisocyanate Sales Value by Type
3.2.1 Global Toluene Diisocyanate Sales Value by Type (2020 VS 2024 VS 2031)
3.2.2 Global Toluene Diisocyanate Sales Value, by Type (2020-2031)
3.2.3 Global Toluene Diisocyanate Sales Value, by Type (%) (2020-2031)
3.3 Global Toluene Diisocyanate Sales Volume by Type
3.3.1 Global Toluene Diisocyanate Sales Volume by Type (2020 VS 2024 VS 2031)
3.3.2 Global Toluene Diisocyanate Sales Volume, by Type (2020-2031)
3.3.3 Global Toluene Diisocyanate Sales Volume, by Type (%) (2020-2031)
3.4 Global Toluene Diisocyanate Average Price by Type (2020-2031)
4 Segmentation by Application
4.1 Introduction by Application
4.1.1 Plastic
4.1.2 Coating
4.1.3 Rubber
4.1.4 Others
4.2 Global Toluene Diisocyanate Sales Value by Application
4.2.1 Global Toluene Diisocyanate Sales Value by Application (2020 VS 2024 VS 2031)
4.2.2 Global Toluene Diisocyanate Sales Value, by Application (2020-2031)
4.2.3 Global Toluene Diisocyanate Sales Value, by Application (%) (2020-2031)
4.3 Global Toluene Diisocyanate Sales Volume by Application
4.3.1 Global Toluene Diisocyanate Sales Volume by Application (2020 VS 2024 VS 2031)
4.3.2 Global Toluene Diisocyanate Sales Volume, by Application (2020-2031)
4.3.3 Global Toluene Diisocyanate Sales Volume, by Application (%) (2020-2031)
4.4 Global Toluene Diisocyanate Average Price by Application (2020-2031)
5 Segmentation by Region
5.1 Global Toluene Diisocyanate Sales Value by Region
5.1.1 Global Toluene Diisocyanate Sales Value by Region: 2020 VS 2024 VS 2031
5.1.2 Global Toluene Diisocyanate Sales Value by Region (2020-2025)
5.1.3 Global Toluene Diisocyanate Sales Value by Region (2026-2031)
5.1.4 Global Toluene Diisocyanate Sales Value by Region (%), (2020-2031)
5.2 Global Toluene Diisocyanate Sales Volume by Region
5.2.1 Global Toluene Diisocyanate Sales Volume by Region: 2020 VS 2024 VS 2031
5.2.2 Global Toluene Diisocyanate Sales Volume by Region (2020-2025)
5.2.3 Global Toluene Diisocyanate Sales Volume by Region (2026-2031)
5.2.4 Global Toluene Diisocyanate Sales Volume by Region (%), (2020-2031)
5.3 Global Toluene Diisocyanate Average Price by Region (2020-2031)
5.4 North America
5.4.1 North America Toluene Diisocyanate Sales Value, 2020-2031
5.4.2 North America Toluene Diisocyanate Sales Value by Country (%), 2024 VS 2031
5.5 Europe
5.5.1 Europe Toluene Diisocyanate Sales Value, 2020-2031
5.5.2 Europe Toluene Diisocyanate Sales Value by Country (%), 2024 VS 2031
5.6 Asia Pacific
5.6.1 Asia Pacific Toluene Diisocyanate Sales Value, 2020-2031
5.6.2 Asia Pacific Toluene Diisocyanate Sales Value by Region (%), 2024 VS 2031
5.7 South America
5.7.1 South America Toluene Diisocyanate Sales Value, 2020-2031
5.7.2 South America Toluene Diisocyanate Sales Value by Country (%), 2024 VS 2031
5.8 Middle East & Africa
5.8.1 Middle East & Africa Toluene Diisocyanate Sales Value, 2020-2031
5.8.2 Middle East & Africa Toluene Diisocyanate Sales Value by Country (%), 2024 VS 2031
6 Segmentation by Key Countries/Regions
6.1 Key Countries/Regions Toluene Diisocyanate Sales Value Growth Trends, 2020 VS 2024 VS 2031
6.2 Key Countries/Regions Toluene Diisocyanate Sales Value
6.2.1 Key Countries/Regions Toluene Diisocyanate Sales Value, 2020-2031
6.2.2 Key Countries/Regions Toluene Diisocyanate Sales Volume, 2020-2031
6.3 United States
6.3.1 United States Toluene Diisocyanate Sales Value, 2020-2031
6.3.2 United States Toluene Diisocyanate Sales Value by Type (%), 2024 VS 2031
6.3.3 United States Toluene Diisocyanate Sales Value by Application, 2024 VS 2031
6.4 Europe
6.4.1 Europe Toluene Diisocyanate Sales Value, 2020-2031
6.4.2 Europe Toluene Diisocyanate Sales Value by Type (%), 2024 VS 2031
6.4.3 Europe Toluene Diisocyanate Sales Value by Application, 2024 VS 2031
6.5 China
6.5.1 China Toluene Diisocyanate Sales Value, 2020-2031
6.5.2 China Toluene Diisocyanate Sales Value by Type (%), 2024 VS 2031
6.5.3 China Toluene Diisocyanate Sales Value by Application, 2024 VS 2031
6.6 Japan
6.6.1 Japan Toluene Diisocyanate Sales Value, 2020-2031
6.6.2 Japan Toluene Diisocyanate Sales Value by Type (%), 2024 VS 2031
6.6.3 Japan Toluene Diisocyanate Sales Value by Application, 2024 VS 2031
6.7 South Korea
6.7.1 South Korea Toluene Diisocyanate Sales Value, 2020-2031
6.7.2 South Korea Toluene Diisocyanate Sales Value by Type (%), 2024 VS 2031
6.7.3 South Korea Toluene Diisocyanate Sales Value by Application, 2024 VS 2031
6.8 Southeast Asia
6.8.1 Southeast Asia Toluene Diisocyanate Sales Value, 2020-2031
6.8.2 Southeast Asia Toluene Diisocyanate Sales Value by Type (%), 2024 VS 2031
6.8.3 Southeast Asia Toluene Diisocyanate Sales Value by Application, 2024 VS 2031
6.9 India
6.9.1 India Toluene Diisocyanate Sales Value, 2020-2031
6.9.2 India Toluene Diisocyanate Sales Value by Type (%), 2024 VS 2031
6.9.3 India Toluene Diisocyanate Sales Value by Application, 2024 VS 2031
7 Company Profiles
7.1 BASF
7.1.1 BASF Company Information
7.1.2 BASF Introduction and Business Overview
7.1.3 BASF Toluene Diisocyanate Sales, Revenue, Price and Gross Margin (2020-2025)
7.1.4 BASF Toluene Diisocyanate Product Offerings
7.1.5 BASF Recent Development
7.2 Cangzhou Dahua Group
7.2.1 Cangzhou Dahua Group Company Information
7.2.2 Cangzhou Dahua Group Introduction and Business Overview
7.2.3 Cangzhou Dahua Group Toluene Diisocyanate Sales, Revenue, Price and Gross Margin (2020-2025)
7.2.4 Cangzhou Dahua Group Toluene Diisocyanate Product Offerings
7.2.5 Cangzhou Dahua Group Recent Development
7.3 Covestro
7.3.1 Covestro Company Information
7.3.2 Covestro Introduction and Business Overview
7.3.3 Covestro Toluene Diisocyanate Sales, Revenue, Price and Gross Margin (2020-2025)
7.3.4 Covestro Toluene Diisocyanate Product Offerings
7.3.5 Covestro Recent Development
7.4 Mitsui Chemicals
7.4.1 Mitsui Chemicals Company Information
7.4.2 Mitsui Chemicals Introduction and Business Overview
7.4.3 Mitsui Chemicals Toluene Diisocyanate Sales, Revenue, Price and Gross Margin (2020-2025)
7.4.4 Mitsui Chemicals Toluene Diisocyanate Product Offerings
7.4.5 Mitsui Chemicals Recent Development
7.5 The Dow Chemical Company
7.5.1 The Dow Chemical Company Company Information
7.5.2 The Dow Chemical Company Introduction and Business Overview
7.5.3 The Dow Chemical Company Toluene Diisocyanate Sales, Revenue, Price and Gross Margin (2020-2025)
7.5.4 The Dow Chemical Company Toluene Diisocyanate Product Offerings
7.5.5 The Dow Chemical Company Recent Development
8 Industry Chain Analysis
8.1 Toluene Diisocyanate Industrial Chain
8.2 Toluene Diisocyanate Upstream Analysis
8.2.1 Key Raw Materials
8.2.2 Raw Materials Key Suppliers
8.2.3 Manufacturing Cost Structure
8.3 Midstream Analysis
8.4 Downstream Analysis (Customers Analysis)
8.5 Sales Model and Sales Channels
8.5.1 Toluene Diisocyanate Sales Model
8.5.2 Sales Channel
8.5.3 Toluene Diisocyanate Distributors
9 Research Findings and Conclusion
10 Appendix
10.1 Research Methodology
10.1.1 Methodology/Research Approach
10.1.1.1 Research Programs/Design
10.1.1.2 Market Size Estimation
10.1.1.3 Market Breakdown and Data Triangulation
10.1.2 Data Source
10.1.2.1 Secondary Sources
10.1.2.2 Primary Sources
10.2 Author Details
10.3 Disclaimer
TABLE OF FIGURES
List of Tables
List of Figures
KEY QUESTIONS ADDRESSED BY THE REPORT
Related Reports
The global market for Toluene Diisocyanate was estimated to be worth US$ 7543 million in 2025 and is projected to reach US$ 8706 million, growing at a CAGR of 2.1% from 2026 to 2032.
Published Date: 2026-07-15
Pages: 117
USD 3950.00
(Single User License)
The global Toluene Diisocyanate market was valued at US$ 7543 million in 2025 and is anticipated to reach US$ 8706 million by 2032, at a CAGR of 2.1% from 2026 to 2032.
Published Date: 2026-04-28
Pages: 116
USD 2900.00
(Single User License)
The global Toluene Diisocyanate market is projected to grow from US$ 7403 million in 2024 to US$ 8544 million by 2031, at a CAGR of 2.1% (2025-2031), driven by critical product segments and diverse end‑use applications, while evolving U.S. tariff policies introduce trade‑cost volatility and supply‑chain uncertainty.
Published Date: 2025-10-26
Pages: 121
USD 4900.00
(Single User License)
The global Toluene Diisocyanate market size was US$ 7403 million in 2024 and is forecast to a readjusted size of US$ 8544 million by 2031 with a CAGR of 2.1% during the forecast period 2025-2031.
Published Date: 2025-02-24
Pages: 68
USD 4250.00
(Single User License)
The global market for Toluene Diisocyanate was valued at US$ 7403 million in the year 2024 and is projected to reach a revised size of US$ 8544 million by 2031, growing at a CAGR of 2.1% during the forecast period.
Published Date: 2025-02-24
Pages: 81
USD 2900.00
(Single User License)
Organic compound with formulae CH3C6H3(NCO)2 is known as Toluene Diisocyanate. Furthermore, isocyanate functional groups in Toluene Diisocyanate form urethane, when it reacts with hydroxyl. Besides this TDI or Toluene Diisocyanate is also used to boost octane in gasoline.
Published Date: 2024-04-22
Pages: 96
USD 4900.00
(Single User License)
The global market for Toluene Diisocyanate was estimated to be worth US$ 7543 million in 2025 and is projected to reach US$ 8706 million, growing at a CAGR of 2.1% from 2026 to 2032.
Published: 2026-07-15
Pages: 117
The global Toluene Diisocyanate market was valued at US$ 7543 million in 2025 and is anticipated to reach US$ 8706 million by 2032, at a CAGR of 2.1% from 2026 to 2032.
Published: 2026-04-28
Pages: 116
The global Toluene Diisocyanate market is projected to grow from US$ 7403 million in 2024 to US$ 8544 million by 2031, at a CAGR of 2.1% (2025-2031), driven by critical product segments and diverse end‑use applications, while evolving U.S. tariff policies introduce trade‑cost volatility and supply‑chain uncertainty.
Published: 2025-10-26
Pages: 121
The global Toluene Diisocyanate market size was US$ 7403 million in 2024 and is forecast to a readjusted size of US$ 8544 million by 2031 with a CAGR of 2.1% during the forecast period 2025-2031.
Published: 2025-02-24
Pages: 68
The global market for Toluene Diisocyanate was valued at US$ 7403 million in the year 2024 and is projected to reach a revised size of US$ 8544 million by 2031, growing at a CAGR of 2.1% during the forecast period.
Published: 2025-02-24
Pages: 81
Organic compound with formulae CH3C6H3(NCO)2 is known as Toluene Diisocyanate. Furthermore, isocyanate functional groups in Toluene Diisocyanate form urethane, when it reacts with hydroxyl. Besides this TDI or Toluene Diisocyanate is also used to boost octane in gasoline.
Published: 2024-04-22
Pages: 96
REPORT COVERAGE
DESCRIPTION
OVERVIEW
MARKET SEGMENTATION
CHAPTER OUTLINE
QYRESEARCH'S STRENGTHS
TABLE OF CONTENTS
TABLE OF FIGURES
RLEATED REPORTS
INTEREST IN THIS REPORT?
Get A Free Sample
Request For Quotation
OR
NEED A CUSTOMIZED REPORT?
Customized Report
Request Sample
Pre-Order Enquiry
Add to Cart
Buy Now