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Global MDI, TDI, and Polyurethane Market Size Study & Forecast, by Application and End-Use, and Regional Forecasts 2025-2035

Published Jul 21, 2025
Length 285 Pages
SKU # BIZW20204814

Description

The Global MDI, TDI, and Polyurethane Market is valued at approximately USD 93.31 billion in 2024 and is poised to expand at a robust CAGR of 6.20% during the forecast period 2025–2035. The steady shift toward lightweight materials, improved insulation systems, and more sustainable construction techniques continues to fuel demand for polyurethanes across diverse industries. MDI (Methylene Diphenyl Diisocyanate) and TDI (Toluene Diisocyanate), as critical precursors for polyurethane synthesis, play an indispensable role in delivering flexible and rigid foam solutions tailored for energy efficiency, structural strength, and aesthetic versatility. With increased consumer preference for eco-conscious materials and stringent energy codes worldwide, polyurethane's insulation, cushioning, and bonding capabilities make it a material of choice for next-generation product engineering.

The surging demand from the construction, automotive, and furniture sectors has been a key force shaping the polyurethane landscape. As construction booms globally—especially in fast-urbanizing economies—rigid foams are increasingly used for thermal insulation in walls, roofs, and pipelines. Simultaneously, flexible foams dominate furniture, bedding, and vehicle interiors, offering comfort and resilience. Moreover, polyurethane-based adhesives, elastomers, and coatings are proving essential in applications where both durability and aesthetic appeal are critical. For instance, elastomers contribute to superior wear resistance in wheels and rollers, while coatings are heavily used in flooring, automotive paints, and marine finishes. The development of bio-based polyols and low-VOC (volatile organic compound) formulations further signals the industry's pivot toward sustainability and regulatory compliance.

Regionally, North America is anticipated to retain a significant share of the market through 2035, driven by advanced manufacturing capabilities, ongoing retrofitting of insulation systems, and steady growth in automotive production. Europe follows closely, backed by energy-efficiency mandates and a matured furniture market. The Asia Pacific region, however, is expected to be the fastest-growing market, spurred by rapid industrialization, infrastructure investments, and expanding middle-class consumer bases in China, India, and Southeast Asia. Initiatives to replace conventional materials with lighter, more durable polyurethane-based alternatives are gaining traction across sectors such as electronics, packaging, and appliances. Meanwhile, Latin America and the Middle East & Africa are exhibiting promising growth patterns, primarily due to infrastructural development, increasing urban migration, and the rise of the construction and automotive sectors.

Major market player included in this report are:
• BASF SE
• Covestro AG
• Huntsman Corporation
• Dow Inc.
• Wanhua Chemical Group Co., Ltd.
• Mitsui Chemicals, Inc.
• Tosoh Corporation
• Chemtura Corporation (LANXESS)
• Woodbridge Foam Corporation
• Recticel NV
• FoamPartner Group
• Carpenter Co.
• INOAC Corporation
• UBE Industries, Ltd.
• Rogers Corporation

Global MDI, TDI, and Polyurethane Market Report Scope:
• Historical Data – 2023, 2024
• Base Year for Estimation – 2024
• Forecast period – 2025-2035
• Report Coverage – Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
• Regional Scope – North America; Europe; Asia Pacific; Latin America; Middle East & Africa

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values for the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within the countries involved in the study. The report also provides detailed information about crucial aspects, such as driving factors and challenges, which will define the future growth of the market. Additionally, it incorporates potential opportunities in micro-markets for stakeholders to invest, along with a detailed analysis of the competitive landscape and product offerings of key players.

The detailed segments and sub-segments of the market are explained below:

By Application:
• Flexible Foams
• Rigid Foams
• Paints & Coatings
• Elastomers
• Adhesives & Sealants

By End-Use:
• Construction
• Furniture & Interiors
• Electronics & Appliances
• Automotive
• Footwear

By Region:

North America
• U.S.
• Canada

Europe
• UK
• Germany
• France
• Spain
• Italy
• Rest of Europe

Asia Pacific
• China
• India
• Japan
• Australia
• South Korea
• Rest of Asia Pacific

Latin America
• Brazil
• Mexico

Middle East & Africa
• UAE
• Saudi Arabia
• South Africa
• Rest of Middle East & Africa

Key Takeaways:
• Market Estimates & Forecast for 10 years from 2025 to 2035.
• Annualized revenues and regional level analysis for each market segment.
• Detailed analysis of geographical landscape with Country level analysis of major regions.
• Competitive landscape with information on major players in the market.
• Analysis of key business strategies and recommendations on future market approach.
• Analysis of competitive structure of the market.
• Demand side and supply side analysis of the market.

Please note:The single user license is non-downloadable and non-printable. Global Site license allows these actions.

Table of Contents

285 Pages
Chapter 1. Global MDI, TDI, and Polyurethane Market Report Scope & Methodology
1.1. Research Objective
1.2. Research Methodology
1.2.1. Forecast Model
1.2.2. Desk Research
1.2.3. Top Down and Bottom-Up Approach
1.3. Research Attributes
1.4. Scope of the Study
1.4.1. Market Definition
1.4.2. Market Segmentation
1.5. Research Assumption
1.5.1. Inclusion & Exclusion
1.5.2. Limitations
1.5.3. Years Considered for the Study
Chapter 2. Executive Summary
2.1. CEO/CXO Standpoint
2.2. Strategic Insights
2.3. ESG Analysis
2.4. Key Findings
Chapter 3. Global MDI, TDI, and Polyurethane Market Forces Analysis
3.1. Market Forces Shaping The Global MDI, TDI, and Polyurethane Market (2024-2035)
3.2. Drivers
3.2.1. Rising demand for energy-efficient building materials
3.2.2. Rapid industrialization and infrastructure development
3.3. Restraints
3.3.1. Volatility in raw material prices
3.3.2. Environmental and health regulations on isocyanates
3.4. Opportunities
3.4.1. Growing adoption of bio-based polyurethanes
3.4.2. Increasing applications in emerging markets
Chapter 4. Global MDI, TDI, and Polyurethane Industry Analysis
4.1. Porter’s 5 Forces Model
4.1.1. Bargaining Power of Buyer
4.1.2. Bargaining Power of Supplier
4.1.3. Threat of New Entrants
4.1.4. Threat of Substitutes
4.1.5. Competitive Rivalry
4.2. Porter’s 5 Force Forecast Model (2024-2035)
4.3. PESTEL Analysis
4.3.1. Political
4.3.2. Economical
4.3.3. Social
4.3.4. Technological
4.3.5. Environmental
4.3.6. Legal
4.4. Top Investment Opportunities
4.5. Top Winning Strategies (2025)
4.6. Market Share Analysis (2024-2025)
4.7. Global Pricing Analysis and Trends 2025
4.8. Analyst Recommendation & Conclusion
Chapter 5. Global MDI, TDI, and Polyurethane Market Size & Forecasts by Application 2025–2035
5.1. Market Overview
5.2. Global Market Performance - Potential Analysis (2025)
5.3. Flexible Foams
5.3.1. Top Countries Breakdown Estimates & Forecasts, 2024-2035
5.3.2. Market Size Analysis, by Region, 2025-2035
5.4. Rigid Foams
5.4.1. Top Countries Breakdown Estimates & Forecasts, 2024-2035
5.4.2. Market Size Analysis, by Region, 2025-2035
5.5. Paints & Coatings
5.5.1. Top Countries Breakdown Estimates & Forecasts, 2024-2035
5.5.2. Market Size Analysis, by Region, 2025-2035
5.6. Elastomers
5.6.1. Top Countries Breakdown Estimates & Forecasts, 2024-2035
5.6.2. Market Size Analysis, by Region, 2025-2035
5.7. Adhesives & Sealants
5.7.1. Top Countries Breakdown Estimates & Forecasts, 2024-2035
5.7.2. Market Size Analysis, by Region, 2025-2035
Chapter 6. Global MDI, TDI, and Polyurethane Market Size & Forecasts by End-Use 2025–2035
6.1. Market Overview
6.2. Global Market Performance - Potential Analysis (2025)
6.3. Construction
6.3.1. Top Countries Breakdown Estimates & Forecasts, 2024-2035
6.3.2. Market Size Analysis, by Region, 2025-2035
6.4. Furniture & Interiors
6.4.1. Top Countries Breakdown Estimates & Forecasts, 2024-2035
6.4.2. Market Size Analysis, by Region, 2025-2035
6.5. Electronics & Appliances
6.5.1. Top Countries Breakdown Estimates & Forecasts, 2024-2035
6.5.2. Market Size Analysis, by Region, 2025-2035
6.6. Automotive
6.6.1. Top Countries Breakdown Estimates & Forecasts, 2024-2035
6.6.2. Market Size Analysis, by Region, 2025-2035
6.7. Footwear
6.7.1. Top Countries Breakdown Estimates & Forecasts, 2024-2035
6.7.2. Market Size Analysis, by Region, 2025-2035
Chapter 7. Global MDI, TDI, and Polyurethane Market Size & Forecasts by Region 2025–2035
7.1. Regional Market Snapshot
7.2. Top Leading & Emerging Countries
7.3. North America
7.3.1. U.S.
7.3.2. Canada
7.4. Europe
7.4.1. UK
7.4.2. Germany
7.4.3. France
7.4.4. Spain
7.4.5. Italy
7.4.6. Rest of Europe
7.5. Asia Pacific
7.5.1. China
7.5.2. India
7.5.3. Japan
7.5.4. Australia
7.5.5. South Korea
7.5.6. Rest of Asia Pacific
7.6. Latin America
7.6.1. Brazil
7.6.2. Mexico
7.7. Middle East and Africa
7.7.1. UAE
7.7.2. Saudi Arabia
7.7.3. South Africa
7.7.4. Rest of Middle East & Africa
Chapter 8. Competitive Intelligence
8.1. Top Market Strategies
8.2. BASF SE
8.2.1. Company Overview
8.2.2. Key Executives
8.2.3. Company Snapshot
8.2.4. Financial Performance (Subject to Data Availability)
8.2.5. Product/Services Port
8.2.6. Recent Development
8.2.7. Market Strategies
8.2.8. SWOT Analysis
8.3. Covestro AG
8.4. Huntsman Corporation
8.5. Dow Inc.
8.6. Wanhua Chemical Group Co., Ltd.
8.7. Mitsui Chemicals, Inc.
8.8. Tosoh Corporation
8.9. Chemtura Corporation (LANXESS)
8.10. Woodbridge Foam Corporation
8.11. Recticel NV
8.12. FoamPartner Group
8.13. Carpenter Co.
8.14. INOAC Corporation
8.15. UBE Industries, Ltd.
8.16. Rogers Corporation
List of Tables
Table 1. Global MDI, TDI, and Polyurethane Market, Report Scope
Table 2. Global Market Estimates & Forecasts by Region 2024–2035
Table 3. Global Market Estimates & Forecasts by Application 2024–2035
Table 4. Global Market Estimates & Forecasts by End-Use 2024–2035
Table 5. U.S. Market Estimates & Forecasts, 2024–2035
Table 6. Canada Market Estimates & Forecasts, 2024–2035
Table 7. UK Market Estimates & Forecasts, 2024–2035
Table 8. Germany Market Estimates & Forecasts, 2024–2035
Table 9. France Market Estimates & Forecasts, 2024–2035
Table 10. Spain Market Estimates & Forecasts, 2024–2035
Table 11. Italy Market Estimates & Forecasts, 2024–2035
Table 12. Rest of Europe Market Estimates & Forecasts, 2024–2035
Table 13. China Market Estimates & Forecasts, 2024–2035
Table 14. India Market Estimates & Forecasts, 2024–2035
Table 15. Japan Market Estimates & Forecasts, 2024–2035
Table 16. Australia Market Estimates & Forecasts, 2024–2035
Table 17. South Korea Market Estimates & Forecasts, 2024–2035
Table 18. Rest of Asia Pacific Market Estimates & Forecasts, 2024–2035
Table 19. Brazil Market Estimates & Forecasts, 2024–2035
Table 20. Mexico Market Estimates & Forecasts, 2024–2035
Table 21. UAE Market Estimates & Forecasts, 2024–2035
Table 22. Saudi Arabia Market Estimates & Forecasts, 2024–2035
Table 23. South Africa Market Estimates & Forecasts, 2024–2035
Table 24. Rest of Middle East & Africa Market Estimates & Forecasts, 2024–2035
List of Figures
Figure 1. Global MDI, TDI, and Polyurethane Market, Research Methodology
Figure 2. Market Estimation Techniques
Figure 3. Global Market Size Estimates & Forecast Methods
Figure 4. Key Market Trends 2025
Figure 5. Market Growth Prospects 2024–2035
Figure 6. Porter’s Five Forces Model
Figure 7. PESTEL Analysis
Figure 8. Value Chain Analysis
Figure 9. Market by Application, 2025 & 2035
Figure 10. Market by End-Use, 2025 & 2035
Figure 11. Market by Region, 2025 & 2035
Figure 12. North America Market Outlook, 2025 & 2035
Figure 13. Europe Market Outlook, 2025 & 2035
Figure 14. Asia Pacific Market Outlook, 2025 & 2035
Figure 15. Latin America Market Outlook, 2025 & 2035
Figure 16. Middle East & Africa Market Outlook, 2025 & 2035
Figure 17. Company Market Share Analysis, 2025
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