Global Methylene Diphenyl Di-isocyanate (MDI) Market - Industry Trends and Forecast to 2030
Global methylene diphenyl di-isocyanate (MDI) market is expected to reach USD 41,946.76 Million by 2030 from USD 27,967.64 million in 2022, growing at a CAGR of 5.3% during the forecast period of 2023 to 2030.
Market Segmentation:Global Methylene Diphenyl Di-Isocyanate (MDI) Market, By Application (Polyurethane Foam, Polyurethane Elastomers, Polyurethane Adhesives and Sealants, Polyurethane Coatings, and Others), End-Use (Footwear, Furniture, Automotive, Building and Construction, Home Appliances, Textile, Healthcare, Electrical and Electronics, Packaging, Industrial Machinery, and Others), Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, Italy, U.K., France, Spain, Poland, Turkey, Netherlands, Belgium, Sweden, Rest of Europe, Japan, China, India, South Korea, Australia & New Zealand, Vietnam, Malaysia, Thailand, Indonesia, Taiwan, Rest of Asia-Pacific, Saudi Arabia, United Arab Emirates, South Africa, Egypt, Nigeria, and Rest of Middle East and Africa) - Industry Trends and Forecast to 2030
Overview of Global Methylene Diphenyl Di-Isocyanate (MDI) Market Dynamics:Driver
• Positive outlook toward the production of polyurethanes
Restraints
• Stringent rules and regulations associated with mdi
Opportunities
• Incorporation of the new production facility and expansion of existing one
Market Players:Some of the key market players operating in the global methylene diphenyl di-isocyanate (MDI) market are listed below:• BASF SE
• SABIC
• Wanhua
• Covestro AG
• Dow
• Tosoh Corporation
• LANXESS
• Huntsman International LLC
• Tokyo Chemical Industry (India) Pvt. Ltd.
• KUMHO MITSUI CHEMICALS
• Sadara
• Karun Petrochemical Company
• Henkel Polybit (A subsidiary of Henkel AG & Co. KGaA)
• KURMY CORPORATIONS
• Era Polymers Pty Ltd