Market Overview:
The global methylene diphenyl diisocyanate (MDI) market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The growth in the MDI market can be attributed to the increasing demand for rigid and flexible foams, coatings, elastomers, adhesives and sealants from various end-use industries. In terms of volume, the polymeric MDI segment is projected to lead the global MDI market during the forecast period. Asia Pacific is expected to be the fastest-growing region in terms of value and volume during the forecast period.
Product Definition:
Methylene Diphenyl Diisocyanate is a chemical compound with the formula (CH2)2NCO. It is an organic compound that is used to make polyurethane foams.
Polymeric MDI:
Polymeric MDI, also known as polymeric Methylene Diphenyl Diisocyanate (MDI) or Polymethylene Diisocyanate (PDI), is a polymer with high thermal stability. It is primarily used in the production of flexible polyurethane foams and elastomers.
Pure MDI:
Pure MDI is a type of MDI that has been processed to remove all other isocyanates. It contains only one isomer, 4-MDI, which has found widespread use in the manufacturing of polyurethane elastomers and coatings. The product finds application as an insulating material in flooring and roofing systems along with being used as adhesives for concrete or masonry surfaces.
Application Insights:
Rigid foam was the most dominant application segment and accounted for over 60% of total demand in 2016. The growth can be attributed to increasing applications in building & construction industry, wherein flexible foams are used as a substitute for traditional materials such as wood fiber-based boards. Flexible foam is also gaining popularity as an energy-efficient solution compared to its rigid counterpart owing to its high R-value.
Flexible foams are increasingly being utilized in automotive industry on account of their lightweight properties and ability to dampen sound thereby providing an automobile with a more comfortable ride quality. In addition, these polyurethane products have excellent resistance towards temperature changes which further propels their demand globally.
Regional Analysis:
Asia Pacific was the leading region and accounted for over 45% of the total revenue in 2017. The growth is attributed to rising product demand from key application industries including packaging, automotive, and construction. China is expected to remain a key consumer as well as producer owing to its large-scale production capacity of MDI along with growing demand from various end-use industries.
The Asia Pacific market will expand further at a steady CAGR from 2018 to 2030 due to increasing investments in infrastructure development coupled with rapid urbanization across emerging economies such as India and China. In addition, rising disposable income levels are anticipated to fuel product consumption in numerous applications including coatings, adhesives & sealants, rigid foam insulation etc., thereby driving industry growth over the forecast period.
Europe was estimated at USD X million in 2017 owing high consumption volume of polymeric MDI products mainly for manufacturing flexible packaging materials such as paperboard boxes.
Growth Factors:
- Increasing demand for MDI in the construction industry as a component of polyurethane foam insulation and sealants
- Rising demand from the automotive sector for coatings, adhesives, and sealants
- Growing use of MDI in rigid foam panels for furniture and appliances
- Rapid expansion of the Asia-Pacific region's construction sector
- Technological advances that improve the efficiency and performance of MDI-based products
Scope Of The Report
Report Attributes
Report Details
Report Title
Methylene Diphenyl Diisocyanate Market Research Report
By Type
Polymeric MDI, Pure MDI, Modified MDI, Others
By Application
Rigid Foam, Flexible Foam, Coatings, Elastomers, Adhesives and Sealants, Others
By Companies
Wanhua, BASF, Huntsman, Covestro, DOW, Tosoh, Kumho Mitsui, Wanhua
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
122
Number of Tables & Figures
86
Customization Available
Yes, the report can be customized as per your need.
Global Methylene Diphenyl Diisocyanate Market Report Segments:
The global Methylene Diphenyl Diisocyanate market is segmented on the basis of:
Types
Polymeric MDI, Pure MDI, Modified MDI, Others
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Rigid Foam, Flexible Foam, Coatings, Elastomers, Adhesives and Sealants, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Wanhua
- BASF
- Huntsman
- Covestro
- DOW
- Tosoh
- Kumho Mitsui
- Wanhua
Highlights of The Methylene Diphenyl Diisocyanate Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Polymeric MDI
- Pure MDI
- Modified MDI
- Others
- By Application:
- Rigid Foam
- Flexible Foam
- Coatings
- Elastomers
- Adhesives and Sealants
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Methylene Diphenyl Diisocyanate Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Methylene diphenyl diisocyanate (MDI) is a chemical compound with the formula C8H10N4O2. It is a colorless, water-soluble liquid that has a strong odor. MDI is used as an intermediate in the production of polyurethanes and other synthetic materials.
Some of the major companies in the methylene diphenyl diisocyanate market are Wanhua, BASF, Huntsman, Covestro, DOW, Tosoh, Kumho Mitsui, Wanhua.
The methylene diphenyl diisocyanate market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Methylene Diphenyl Diisocyanate Market Overview 4.1 Introduction 4.1.1 Market Taxonomy 4.1.2 Market Definition 4.1.3 Macro-Economic Factors Impacting the Market Growth 4.2 Methylene Diphenyl Diisocyanate Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Methylene Diphenyl Diisocyanate Market - Supply Chain Analysis 4.3.1 List of Key Suppliers 4.3.2 List of Key Distributors 4.3.3 List of Key Consumers 4.4 Key Forces Shaping the Methylene Diphenyl Diisocyanate Market 4.4.1 Bargaining Power of Suppliers 4.4.2 Bargaining Power of Buyers 4.4.3 Threat of Substitution 4.4.4 Threat of New Entrants 4.4.5 Competitive Rivalry 4.5 Global Methylene Diphenyl Diisocyanate Market Size & Forecast, 2020-2028 4.5.1 Methylene Diphenyl Diisocyanate Market Size and Y-o-Y Growth 4.5.2 Methylene Diphenyl Diisocyanate Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Polymeric MDI
5.2.2 Pure MDI
5.2.3 Modified MDI
5.2.4 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Rigid Foam
6.2.2 Flexible Foam
6.2.3 Coatings
6.2.4 Elastomers
6.2.5 Adhesives and Sealants
6.2.6 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Methylene Diphenyl Diisocyanate Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Methylene Diphenyl Diisocyanate Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Polymeric MDI
9.6.2 Pure MDI
9.6.3 Modified MDI
9.6.4 Others
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Rigid Foam
9.10.2 Flexible Foam
9.10.3 Coatings
9.10.4 Elastomers
9.10.5 Adhesives and Sealants
9.10.6 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Polymeric MDI
10.6.2 Pure MDI
10.6.3 Modified MDI
10.6.4 Others
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Rigid Foam
10.10.2 Flexible Foam
10.10.3 Coatings
10.10.4 Elastomers
10.10.5 Adhesives and Sealants
10.10.6 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Polymeric MDI
11.6.2 Pure MDI
11.6.3 Modified MDI
11.6.4 Others
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Rigid Foam
11.10.2 Flexible Foam
11.10.3 Coatings
11.10.4 Elastomers
11.10.5 Adhesives and Sealants
11.10.6 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Polymeric MDI
12.6.2 Pure MDI
12.6.3 Modified MDI
12.6.4 Others
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Rigid Foam
12.10.2 Flexible Foam
12.10.3 Coatings
12.10.4 Elastomers
12.10.5 Adhesives and Sealants
12.10.6 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Polymeric MDI
13.6.2 Pure MDI
13.6.3 Modified MDI
13.6.4 Others
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Rigid Foam
13.10.2 Flexible Foam
13.10.3 Coatings
13.10.4 Elastomers
13.10.5 Adhesives and Sealants
13.10.6 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Methylene Diphenyl Diisocyanate Market: Competitive Dashboard
14.2 Global Methylene Diphenyl Diisocyanate Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Wanhua
14.3.2 BASF
14.3.3 Huntsman
14.3.4 Covestro
14.3.5 DOW
14.3.6 Tosoh
14.3.7 Kumho Mitsui
14.3.8 Wanhua