Global 2,4-Toluene Diisocyanate Market Growth 2025-2031

The global 2,4-Toluene Diisocyanate market size is predicted to grow from US$ 226 million in 2025 to US$ 299 million in 2031; it is expected to grow at a CAGR of 4.8% from 2025 to 2031.

2,4-Toluene diisocyanate (2,4-TDI) is a key chemical compound widely used in the production of polyurethane materials. As an aromatic diisocyanate, it features two reactive isocyanate groups attached to a toluene ring, making it highly suitable for creating versatile polyurethane products such as foams, coatings, adhesives, and elastomers. 2,4-TDI is especially prominent in the manufacturing of flexible polyurethane foam for furniture, bedding, and automotive applications. Known for its high reactivity and efficiency, 2,4-TDI enables the formation of durable and lightweight materials. However, handling 2,4-TDI requires stringent safety measures, as it is highly toxic and can cause respiratory and skin irritation, necessitating careful management in industrial environments.

United States market for 2,4-Toluene Diisocyanate is estimated to increase from US$ million in 2024 to US$ million by 2031, at a CAGR of % from 2025 through 2031.

China market for 2,4-Toluene Diisocyanate is estimated to increase from US$ million in 2024 to US$ million by 2031, at a CAGR of % from 2025 through 2031.

Europe market for 2,4-Toluene Diisocyanate is estimated to increase from US$ million in 2024 to US$ million by 2031, at a CAGR of % from 2025 through 2031.

Global key 2,4-Toluene Diisocyanate players cover BASF, Shell, KONNATE, Covestro, Mitsui Chemicals, etc. In terms of revenue, the global two largest companies occupied for a share nearly % in 2024.

LP Information, Inc. (LPI) ' newest research report, the “2,4-Toluene Diisocyanate Industry Forecast” looks at past sales and reviews total world 2,4-Toluene Diisocyanate sales in 2024, providing a comprehensive analysis by region and market sector of projected 2,4-Toluene Diisocyanate sales for 2025 through 2031. With 2,4-Toluene Diisocyanate sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world 2,4-Toluene Diisocyanate industry.

This Insight Report provides a comprehensive analysis of the global 2,4-Toluene Diisocyanate landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on 2,4-Toluene Diisocyanate portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global 2,4-Toluene Diisocyanate market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for 2,4-Toluene Diisocyanate and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global 2,4-Toluene Diisocyanate.

This report presents a comprehensive overview, market shares, and growth opportunities of 2,4-Toluene Diisocyanate market by product type, application, key manufacturers and key regions and countries.

Segmentation by Type:
Industrial Level
Analysis Level

Segmentation by Application:
Plastic
Coating
Rubber
Others

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
BASF
Shell
KONNATE
Covestro
Mitsui Chemicals
Dow

Key Questions Addressed in this Report

What is the 10-year outlook for the global 2,4-Toluene Diisocyanate market?

What factors are driving 2,4-Toluene Diisocyanate market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do 2,4-Toluene Diisocyanate market opportunities vary by end market size?

How does 2,4-Toluene Diisocyanate break out by Type, by Application?

Please note: The report will take approximately 2 business days to prepare and deliver.