Global methylene diphenyl diisocyanate market, 2024-2030

Methylene diphenyl diisocyanate, commonly known as MDI, is an aromatic diisocyanate. MDIs are the primary component for the production of polyurethanes, urethane-prepolymers, and polyisocyanurate polymers in many industries. MDI chemicals are used in certain commercial and consumer applications such as transportation products, rubber& plastic products, paints & coatings, lubricants, fuel additives and greases. Besides these conventional applications, they have other applications such as, arts arena sculpture, mould making and for designing movie and theatre sets.

The global methylene diphenyl diisocyanate market research report sheds light on the market circumstances by carrying out primary and secondary research for more than 320 hours. As per the report, the global methylene diphenyl diisocyanate market is growing at a fast pace and increasing its geographical footprint rapidly. The global methylene diphenyl diisocyanate market is valued at US $ xxx million dollars in 2018 which is forecast to grow at CAGR of xx% and reach a massive US $ xxx million dollars by the end of 2023 in value.

Increase in the utilization of polyurethane foam in various industries such as construction, insulation, refrigeration and packaging is expected to drive the MDI market during the forecast period. MDI demand is also anticipated to rise due to its application in adhesives, sealants, elastomers, coatings and binders. Moreover, MDI market is more likely to rise on account of escalation in demand in emerging countries such as China and India.

The MDI market has remarkable usage across all major regions in the world including Europe, APAC, North America, Middle East and Africa, and Latin America. The key players in global MDI market are The Dow Chemical Company, Bayer Material Science, BASF SE, Du Pont de Nemours and Company, Sumitomo Chemical Co., Ltd., Wanhua Chemical Group Co. Ltd. and so on.

Research Methodology

The research process includes the market segmentation of the global methylene diphenyl diisocyanate market, identifying the growth determinants of every market segment and market forecasts. The primary source from the supply side includes industry experts, CEOs, vice president, directors, and key executives of various industry players. The primary source from demand side includes marketing manager and experts from various application industries. Market Krystal held more than 40 interviews for this study, details of which are mentioned:

By company type:

Manufacturers (40%), Suppliers (20%), Consumers (20%), Researchers (10%), Independent industry consultant (10%)

By geography:

North America (25%), Asia (35%), Europe (30%), Rest of the World (10%)

By designation:

Top level (40%), Operation level (20%), Mid-level (40%)

Contents of the report:

• Insights on the global methylene diphenyl diisocyanate industry dynamics
• Estimation of the present global methylene diphenyl diisocyanate market size in terms of value and volume
• Global methylene diphenyl diisocyanate market breakup based on type and application
• Substantiated global methylene diphenyl diisocyanate market forecast for the next five years.
• In depth analysis of the leading companies working across different nodes of global methylene diphenyl diisocyanate industry value chain