Global Hydrogenated MDI Industry Growth and Trends Forecast to 2031

Summary

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).

According to APO Research, The global Hydrogenated MDI market was estimated at US$ million in 2025 and is projected to reach a revised size of US$ million by 2031, witnessing a CAGR of xx% during the forecast period 2026-2031.

North American market for Hydrogenated MDI is estimated to increase from $ million in 2025 to reach $ million by 2031, at a CAGR of % during the forecast period of 2026 through 2031.

Asia-Pacific market for Hydrogenated MDI is estimated to increase from $ million in 2025 to reach $ million by 2031, at a CAGR of % during the forecast period of 2026 through 2031.

Europe market for Hydrogenated MDI is estimated to increase from $ million in 2025 to reach $ million by 2031, at a CAGR of % during the forecast period of 2026 through 2031.

The major global manufacturers of Hydrogenated MDI include Covestro, Evonik and Wanhua, etc. In 2024, the world's top three vendors accounted for approximately % of the revenue.

Report Scope

This report aims to provide a comprehensive presentation of the global market for Hydrogenated MDI, 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 Hydrogenated MDI.

The Hydrogenated MDI market size, estimations, and forecasts are provided in terms of sales volume (MT) and revenue ($ millions), considering 2024 as the base year, with history and forecast data for the period from 2020 to 2031. This report segments the global Hydrogenated MDI market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided. For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.

Key Companies & Market Share Insights

In this section, the readers will gain an understanding of the key players competing. This report has studied the key growth strategies, such as innovative trends and developments, intensification of product portfolio, mergers and acquisitions, collaborations, new product innovation, and geographical expansion, undertaken by these participants to maintain their presence. Apart from business strategies, the study includes current developments and key financials. The readers will also get access to the data related to global revenue, price, and sales by manufacturers for the period 2020-2025. This all-inclusive report will certainly serve the clients to stay updated and make effective decisions in their businesses.

Hydrogenated MDI Segment by Company

Covestro
Evonik
Wanhua

Hydrogenated MDI Segment by Purity
Above 99.5%
Below 99.5%

Hydrogenated MDI Segment by Application

Polyurethane Elastomers
Polyurethane Dispersions
Radiation Curable Urethane Acrylates
Others

Hydrogenated MDI Segment by Region

North America
United States
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Spain
Netherlands
Switzerland
Sweden
Poland
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Southeast Asia
South America
Brazil
Argentina
Chile
Middle East & Africa
Egypt
South Africa
Israel
Türkiye
GCC Countries

Key Drivers & Barriers

High-impact rendering factors and drivers have been studied in this report to aid the readers to understand the general development. Moreover, the report includes restraints and challenges that may act as stumbling blocks on the way of the players. This will assist the users to be attentive and make informed decisions related to business. Specialists have also laid their focus on the upcoming business prospects.

Reasons to Buy This Report

1. This report will help the readers to understand the competition within the industries and strategies for the competitive environment to enhance the potential profit. The report also focuses on the competitive landscape of the global Hydrogenated MDI market, and introduces in detail the market share, industry ranking, competitor ecosystem, market performance, new product development, operation situation, expansion, and acquisition. etc. of the main players, which helps the readers to identify the main competitors and deeply understand the competition pattern of the market.
2. This report will help stakeholders to understand the global industry status and trends of Hydrogenated MDI and provides them with information on key market drivers, restraints, challenges, and opportunities.
3. This report will help stakeholders to understand competitors better and gain more insights to strengthen their position in their businesses. The competitive landscape section includes the market share and rank (in volume and value), competitor ecosystem, new product development, expansion, and acquisition.
4. This report stays updated with novel technology integration, features, and the latest developments in the market
5. This report helps stakeholders to gain insights into which regions to target globally
6. This report helps stakeholders to gain insights into the end-user perception concerning the adoption of Hydrogenated MDI.
7. This report helps stakeholders to identify some of the key players in the market and understand their valuable contribution.

Chapter Outline

Chapter 1: Introduces the study scope of this report, executive summary of market segments by type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter 2: Introduces 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 3: Detailed analysis of Hydrogenated MDI manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter 4: Sales, revenue of Hydrogenated MDI in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter 5: Introduces market segments by application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter 6: 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 7, 8, 9, 10 and 11: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter 12: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics.
Chapter 13: Concluding Insights of the report.

Please Note: Single-User license will be delivered via PDF from the publisher without the rights to print or to edit.


1 Market Overview
1.1 Product Definition
1.2 Global Market Growth Prospects
1.2.1 Global Hydrogenated MDI Market Size Estimates and Forecasts (2020-2031)
1.2.2 Global Hydrogenated MDI Sales Estimates and Forecasts (2020-2031)
1.3 Hydrogenated MDI Market by Purity
1.3.1 Above 99.5%
1.3.2 Below 99.5%
1.4 Global Hydrogenated MDI Market Size by Purity
1.4.1 Global Hydrogenated MDI Market Size Overview by Purity (2020-2031)
1.4.2 Global Hydrogenated MDI Historic Market Size Review by Purity (2020-2025)
1.4.3 Global Hydrogenated MDI Forecasted Market Size by Purity (2026-2031)
1.5 Key Regions Market Size by Type
1.5.1 North America Hydrogenated MDI Sales Breakdown by Purity (2020-2025)
1.5.2 Europe Hydrogenated MDI Sales Breakdown by Purity (2020-2025)
1.5.3 Asia-Pacific Hydrogenated MDI Sales Breakdown by Purity (2020-2025)
1.5.4 South America Hydrogenated MDI Sales Breakdown by Purity (2020-2025)
1.5.5 Middle East and Africa Hydrogenated MDI Sales Breakdown by Purity (2020-2025)
2 Global Market Dynamics
2.1 Hydrogenated MDI Industry Trends
2.2 Hydrogenated MDI Industry Drivers
2.3 Hydrogenated MDI Industry Opportunities and Challenges
2.4 Hydrogenated MDI Industry Restraints
3 Market Competitive Landscape by Company
3.1 Global Top Players by Hydrogenated MDI Revenue (2020-2025)
3.2 Global Top Players by Hydrogenated MDI Sales (2020-2025)
3.3 Global Top Players by Hydrogenated MDI Price (2020-2025)
3.4 Global Hydrogenated MDI Industry Company Ranking, 2023 VS 2024 VS 2025
3.5 Global Hydrogenated MDI Major Company Production Sites & Headquarters
3.6 Global Hydrogenated MDI Company, Product Type & Application
3.7 Global Hydrogenated MDI Company Establishment Date
3.8 Market Competitive Analysis
3.8.1 Global Hydrogenated MDI Market CR5 and HHI
3.8.2 Global Top 5 and 10 Hydrogenated MDI Players Market Share by Revenue in 2024
3.8.3 2023 Hydrogenated MDI Tier 1, Tier 2, and Tier 3
4 Hydrogenated MDI Regional Status and Outlook
4.1 Global Hydrogenated MDI Market Size and CAGR by Region: 2020 VS 2024 VS 2031
4.2 Global Hydrogenated MDI Historic Market Size by Region
4.2.1 Global Hydrogenated MDI Sales in Volume by Region (2020-2025)
4.2.2 Global Hydrogenated MDI Sales in Value by Region (2020-2025)
4.2.3 Global Hydrogenated MDI Sales (Volume & Value), Price and Gross Margin (2020-2025)
4.3 Global Hydrogenated MDI Forecasted Market Size by Region
4.3.1 Global Hydrogenated MDI Sales in Volume by Region (2026-2031)
4.3.2 Global Hydrogenated MDI Sales in Value by Region (2026-2031)
4.3.3 Global Hydrogenated MDI Sales (Volume & Value), Price and Gross Margin (2026-2031)
5 Hydrogenated MDI by Application
5.1 Hydrogenated MDI Market by Application
5.1.1 Polyurethane Elastomers
5.1.2 Polyurethane Dispersions
5.1.3 Radiation Curable Urethane Acrylates
5.1.4 Others
5.2 Global Hydrogenated MDI Market Size by Application
5.2.1 Global Hydrogenated MDI Market Size Overview by Application (2020-2031)
5.2.2 Global Hydrogenated MDI Historic Market Size Review by Application (2020-2025)
5.2.3 Global Hydrogenated MDI Forecasted Market Size by Application (2026-2031)
5.3 Key Regions Market Size by Application
5.3.1 North America Hydrogenated MDI Sales Breakdown by Application (2020-2025)
5.3.2 Europe Hydrogenated MDI Sales Breakdown by Application (2020-2025)
5.3.3 Asia-Pacific Hydrogenated MDI Sales Breakdown by Application (2020-2025)
5.3.4 South America Hydrogenated MDI Sales Breakdown by Application (2020-2025)
5.3.5 Middle East and Africa Hydrogenated MDI Sales Breakdown by Application (2020-2025)
6 Company Profiles
6.1 Covestro
6.1.1 Covestro Comapny Information
6.1.2 Covestro Business Overview
6.1.3 Covestro Hydrogenated MDI Sales, Revenue and Gross Margin (2020-2025)
6.1.4 Covestro Hydrogenated MDI Product Portfolio
6.1.5 Covestro Recent Developments
6.2 Evonik
6.2.1 Evonik Comapny Information
6.2.2 Evonik Business Overview
6.2.3 Evonik Hydrogenated MDI Sales, Revenue and Gross Margin (2020-2025)
6.2.4 Evonik Hydrogenated MDI Product Portfolio
6.2.5 Evonik Recent Developments
6.3 Wanhua
6.3.1 Wanhua Comapny Information
6.3.2 Wanhua Business Overview
6.3.3 Wanhua Hydrogenated MDI Sales, Revenue and Gross Margin (2020-2025)
6.3.4 Wanhua Hydrogenated MDI Product Portfolio
6.3.5 Wanhua Recent Developments
7 North America by Country
7.1 North America Hydrogenated MDI Sales by Country
7.1.1 North America Hydrogenated MDI Sales Growth Rate (CAGR) by Country: 2020 VS 2024 VS 2031
7.1.2 North America Hydrogenated MDI Sales by Country (2020-2025)
7.1.3 North America Hydrogenated MDI Sales Forecast by Country (2026-2031)
7.2 North America Hydrogenated MDI Market Size by Country
7.2.1 North America Hydrogenated MDI Market Size Growth Rate (CAGR) by Country: 2020 VS 2024 VS 2031
7.2.2 North America Hydrogenated MDI Market Size by Country (2020-2025)
7.2.3 North America Hydrogenated MDI Market Size Forecast by Country (2026-2031)
8 Europe by Country
8.1 Europe Hydrogenated MDI Sales by Country
8.1.1 Europe Hydrogenated MDI Sales Growth Rate (CAGR) by Country: 2020 VS 2024 VS 2031
8.1.2 Europe Hydrogenated MDI Sales by Country (2020-2025)
8.1.3 Europe Hydrogenated MDI Sales Forecast by Country (2026-2031)
8.2 Europe Hydrogenated MDI Market Size by Country
8.2.1 Europe Hydrogenated MDI Market Size Growth Rate (CAGR) by Country: 2020 VS 2024 VS 2031
8.2.2 Europe Hydrogenated MDI Market Size by Country (2020-2025)
8.2.3 Europe Hydrogenated MDI Market Size Forecast by Country (2026-2031)
9 Asia-Pacific by Country
9.1 Asia-Pacific Hydrogenated MDI Sales by Country
9.1.1 Asia-Pacific Hydrogenated MDI Sales Growth Rate (CAGR) by Country: 2020 VS 2024 VS 2031
9.1.2 Asia-Pacific Hydrogenated MDI Sales by Country (2020-2025)
9.1.3 Asia-Pacific Hydrogenated MDI Sales Forecast by Country (2026-2031)
9.2 Asia-Pacific Hydrogenated MDI Market Size by Country
9.2.1 Asia-Pacific Hydrogenated MDI Market Size Growth Rate (CAGR) by Country: 2020 VS 2024 VS 2031
9.2.2 Asia-Pacific Hydrogenated MDI Market Size by Country (2020-2025)
9.2.3 Asia-Pacific Hydrogenated MDI Market Size Forecast by Country (2026-2031)
10 South America by Country
10.1 South America Hydrogenated MDI Sales by Country
10.1.1 South America Hydrogenated MDI Sales Growth Rate (CAGR) by Country: 2020 VS 2024 VS 2031
10.1.2 South America Hydrogenated MDI Sales by Country (2020-2025)
10.1.3 South America Hydrogenated MDI Sales Forecast by Country (2026-2031)
10.2 South America Hydrogenated MDI Market Size by Country
10.2.1 South America Hydrogenated MDI Market Size Growth Rate (CAGR) by Country: 2020 VS 2024 VS 2031
10.2.2 South America Hydrogenated MDI Market Size by Country (2020-2025)
10.2.3 South America Hydrogenated MDI Market Size Forecast by Country (2026-2031)
11 Middle East and Africa by Country
11.1 Middle East and Africa Hydrogenated MDI Sales by Country
11.1.1 Middle East and Africa Hydrogenated MDI Sales Growth Rate (CAGR) by Country: 2020 VS 2024 VS 2031
11.1.2 Middle East and Africa Hydrogenated MDI Sales by Country (2020-2025)
11.1.3 Middle East and Africa Hydrogenated MDI Sales Forecast by Country (2026-2031)
11.2 Middle East and Africa Hydrogenated MDI Market Size by Country
11.2.1 Middle East and Africa Hydrogenated MDI Market Size Growth Rate (CAGR) by Country: 2020 VS 2024 VS 2031
11.2.2 Middle East and Africa Hydrogenated MDI Market Size by Country (2020-2025)
11.2.3 Middle East and Africa Hydrogenated MDI Market Size Forecast by Country (2026-2031)
12 Value Chain and Sales Channels Analysis
12.1 Hydrogenated MDI Value Chain Analysis
12.1.1 Hydrogenated MDI Key Raw Materials
12.1.2 Key Raw Materials Price
12.1.3 Raw Materials Key Suppliers
12.1.4 Manufacturing Cost Structure
12.1.5 Hydrogenated MDI Production Mode & Process
12.2 Hydrogenated MDI Sales Channels Analysis
12.2.1 Direct Comparison with Distribution Share
12.2.2 Hydrogenated MDI Distributors
12.2.3 Hydrogenated MDI Customers
13 Concluding Insights
14 Appendix
14.1 Reasons for Doing This Study
14.2 Research Methodology
14.3 Research Process
14.4 Authors List of This Report
14.5 Data Source
14.5.1 Secondary Sources
14.5.2 Primary Sources
14.6 Disclaimer

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