Global Hydrogenated MDI Market Growth 2025-2031

The global Hydrogenated MDI market size is predicted to grow from US$ 471 million in 2025 to US$ 644 million in 2031; it is expected to grow at a CAGR of 5.4% from 2025 to 2031.

Hydrogenated MDI (CAS 88504-76-1) is transparent liquid in normal temperature and pressure and could also be named HMDI or H12MDI for short. It can serve as a building block for the preparation of chemical products, reactive intermediates and polymers such as polyurethane dispersions (PUDs), elastomers, and thermoplastic polyurethanes (TPUs).

MDI has a high degree of market concentration. The main manufactures are Covestro, Evonik and Wanhua. Among them, Covestro is the largest manufacturer. Evonik got percentage of 42% market share. The following is Covestro, accounting for 40% market share. Meanwhile, Wanhua occupied 18%.Asia Pacific is the largest market, with a share about 35% , followed by North America and Europe with the share about 33% and 29%.

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

This Insight Report provides a comprehensive analysis of the global Hydrogenated MDI 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 Hydrogenated MDI portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Hydrogenated MDI market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Hydrogenated MDI 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 Hydrogenated MDI.

This report presents a comprehensive overview, market shares, and growth opportunities of Hydrogenated MDI market by product type, application, key manufacturers and key regions and countries.

Segmentation by Type:
Polyurethane Dispersions
Polyurethane Elastomers
Radiation Curable Urethane Acrylates
Others

Segmentation by Application:
Packaging
Automotive
Consumer Goods
Construction
Other

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.
Covestro
Evonik
Wanhua

Key Questions Addressed in this Report

What is the 10-year outlook for the global Hydrogenated MDI market?

What factors are driving Hydrogenated MDI market growth, globally and by region?

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

How do Hydrogenated MDI market opportunities vary by end market size?

How does Hydrogenated MDI break out by Type, by Application?

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