톨루엔 디이소시아네이트(TDI) 시장 기회, 성장 촉진 요인, 산업 동향 분석, 예측(2025-2034년)

The Global Toluene Diisocynate Market was valued at USD 4.7 billion in 2024 and is projected to experience a strong growth trajectory with a CAGR of 5.5% from 2025 to 2034. This growth is primarily driven by the increasing demand for polyurethane-based products across multiple industries, including furniture, bedding, automotive, and construction. TDI plays a crucial role as a primary ingredient in the production of both flexible and rigid polyurethane foams, coatings, adhesives, and elastomers, making it an indispensable material for numerous industrial applications. The market expansion is further fueled by continuous technological advancements, heightened environmental concerns, and an increasing focus on sustainability within the manufacturing processes. As more industries seek eco-friendly alternatives, TDI producers are adapting to market shifts, leading to innovations in low-emission and bio-based products. This dynamic environment is set to accelerate the growth of the TDI market across the globe.

The flexible polyurethane foam segment, valued at USD 2.7 billion in 2024, is expected to see an impressive growth rate of 6.1% during the forecast period. With rising consumer preferences for comfort, durability, and lightweight materials, the demand for flexible foams in furniture, mattresses, and vehicle interiors is surging. Advancements in foam formulations that emphasize performance and sustainability are contributing to this surge. Moreover, the rise in demand for bio-based foams and low-emission materials reflects the industry's growing commitment to environmentally conscious production practices. The e-commerce boom has also amplified the demand for foam-based packaging solutions that are both protective and lightweight, which is further boosting market growth.

In the furniture and bedding sector, valued at USD 1.6 billion in 2024, the market is expected to grow at a robust CAGR of 6.5% over the forecast period. Factors such as rapid urbanization, increasing disposable incomes, and shifting consumer lifestyles are significantly driving this growth. As consumers demand more ergonomic, multifunctional furniture, manufacturers are innovating with advanced polyurethane formulations that enhance comfort and design flexibility. Sustainable initiatives, such as recyclable and eco-friendly foam products, are becoming essential in meeting consumer expectations. Additionally, the growing work-from-home trend is spurring demand for comfortable and versatile home furnishings, further contributing to the sector's expansion.

In the U.S., the toluene diisocynate market was valued at USD 936.7 million in 2024 and is projected to grow at a CAGR of 6% through the forecast period. Strong demand from industries like furniture, bedding, construction, and automotive manufacturing is driving this growth. The construction sector's reliance on rigid polyurethane foams for insulation and the automotive industry's preference for lightweight, high-performance materials are key growth drivers. With stricter environmental regulations and an increasing focus on sustainability, manufacturers are developing low-emission, eco-friendly TDI products to comply with evolving standards. This shift toward sustainability and innovation positions the U.S. TDI market for robust expansion in the coming years.

Table of Contents

Chapter 1 Methodology & Scope

• 1.1 Market scope & definitions
• 1.2 Base estimates & calculations
• 1.3 Forecast calculations
• 1.4 Data sources
  • 1.4.1 Primary
  • 1.4.2 Secondary
    • 1.4.2.1 Paid sources
    • 1.4.2.2 Public sources

Chapter 2 Executive Summary

• 2.1 Industry synopsis, 2021-2034

Chapter 3 Industry Insights

• 3.1 Industry ecosystem analysis
  • 3.1.1 Factor affecting the value chain
  • 3.1.2 Profit margin analysis
  • 3.1.3 Disruptions
  • 3.1.4 Future outlook
  • 3.1.5 Manufacturers
  • 3.1.6 Distributors
• 3.2 Supplier landscape
• 3.3 Profit margin analysis
• 3.4 Key news & initiatives
• 3.5 Regulatory landscape
• 3.6 Impact forces
  • 3.6.1 Growth drivers
    • 3.6.1.1 Booming construction industry
    • 3.6.1.2 Automotive sector growth
    • 3.6.1.3 Technological advancements
  • 3.6.2 Industry pitfalls & challenges
    • 3.6.2.1 Regulatory pressures
    • 3.6.2.2 Volatile raw material prices
• 3.7 Growth potential analysis
• 3.8 Porter’s analysis
• 3.9 PESTEL analysis

Chapter 4 Competitive Landscape, 2024

• 4.1 Introduction
• 4.2 Company market share analysis
• 4.3 Competitive positioning matrix
• 4.4 Strategic outlook matrix

Chapter 5 Market Estimates & Forecast, By Application, 2021-2034 (USD Million) (Tons)

• 5.1 Key trends
• 5.2 Flexible polyurethane foam
• 5.3 Rigid polyurethane foam
• 5.4 Coatings
• 5.5 Adhesives and sealants
• 5.6 Elastomers
• 5.7 Others

Chapter 6 Market Estimates & Forecast, By End Use Industry, 2021-2034 (USD Million) (Tons)

• 6.1 Key trends
• 6.2 Furniture & bedding
• 6.3 Construction
• 6.4 Automotive
• 6.5 Electronics
• 6.6 Packaging
• 6.7 Textiles
• 6.8 Others

Chapter 7 Market Estimates & Forecast, By Region, 2021-2034 (USD Million) (Tons)

• 7.1 Key trends
• 7.2 North America
  • 7.2.1 U.S.
  • 7.2.2 Canada
• 7.3 Europe
  • 7.3.1 UK
  • 7.3.2 Germany
  • 7.3.3 France
  • 7.3.4 Italy
  • 7.3.5 Spain
  • 7.3.6 Russia
• 7.4 Asia Pacific
  • 7.4.1 China
  • 7.4.2 India
  • 7.4.3 Japan
  • 7.4.4 South Korea
  • 7.4.5 Australia
• 7.5 Latin America
  • 7.5.1 Brazil
  • 7.5.2 Mexico
• 7.6 MEA
  • 7.6.1 South Africa
  • 7.6.2 Saudi Arabia
  • 7.6.3 UAE

Chapter 8 Company Profiles

• 8.1 Basf Se
• 8.2 Cangzhou Dahua Group
• 8.3 Covestro Ag
• 8.4 Dow
• 8.5 Evonik
• 8.6 Ibi Chematur
• 8.7 Kh Chemicals
• 8.8 Merck Kgaa
• 8.9 Redox
• 8.10 Sabic
• 8.11 Simel Chemical Industry Co., Ltd.
• 8.12 Tokyo Chemical Industry
• 8.13 Tosoh
• 8.14 Wanhua