Market Overview:
The global methylene diphenylisocyanate (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 polymeric MDI, pure MDI, and modified MDI from various end-use industries such as construction, automobiles, electronics, and others. Asia Pacific is expected to be the fastest-growing region during the forecast period owing to the growing demand for polymeric MDI in China and India.
Product Definition:
Methylene diphenylisocyanate is a colorless to yellow liquid with an unpleasant, acrid odor. It is used as a chemical intermediate in the production of plastics, rubbers, and other organic chemicals.
Polymeric MDI:
Polymeric MDI, also known as polymethylene diphenylisocyanate or PMDI, is a polymer with high demand in the manufacturing of insulating materials for thermal insulation. It is majorly used in foams and coatings which are further used to manufacture various consumer goods such as furniture and automobiles.
Pure MDI:
Pure MDI is a colorless liquid with a mild odor. It is soluble in water and ethanol. Pure MDI has applications in the manufacturing of polyurethane foams, adhesives & sealants, coatings, elastomers & plastics and as an intermediate for the production of methylene diphenyl diisocyanate (MDI).
The global market for pure MDI was valued at USD 848 million in 2016.
Application Insights:
The construction application segment led the global methylene diphenylisocyanate market in 2017 and is projected to witness significant growth over the forecast period. The product is widely used in concrete mixes for superior durability and strength. It prevents corrosion of steel structures caused by condensation, which otherwise may lead to early failure of a structure. Methylene diphenylisocyanate also finds applications as an additive in paints & coatings, foams, plastics & polymers and adhesives for superior performance under extreme weather conditions such as snow, ice or rain.
MDI has been witnessing growing demand from other end-use industries such as automobiles and electronics owing to its ability to enhance performance characteristics including impact resistance, anti-corrosion properties along with ease of use during manufacturing processes at lower costs than before.
Regional Analysis:
Asia Pacific was the leading global market and accounted for over 43% of the total revenue in 2016. The growth is attributed to rising product demand from end-use industries such as construction, automotive, electronics and others. China is expected to remain a key consumer owing to its large manufacturing base along with growing automobile production.
The Middle East & Africa region is anticipated to witness significant growth over the forecast period owing to rapid development in construction activities across major economies including Saudi Arabia, UAE and Egypt among other countries are likely contribute significantly towards regional demand for methylene diphenylisocyanate market.
Growth Factors:
- Increasing demand from end-use industries such as construction, automotive and furniture owing to its properties such as heat and weather resistance, durability and low flammability.
- Rising awareness about the benefits of using MDI in various applications over other substitutes is expected to fuel the market growth.
- Growing investments by key players in research & development activities for product innovation is likely to provide impetus to the market growth over the forecast period.
- Stringent government regulations pertaining to environmental protection are projected to create opportunities for MDI manufacturers in future.
Scope Of The Report
Report Attributes
Report Details
Report Title
Methylene Diphenylisocyanate Market Research Report
By Type
Polymeric MDI, Pure MDI, Modified MDI
By Application
Construction, Automobiles, Electronics, Others
By Companies
BASF, Dow Chemical, Tosoh Corporation, Kumho Mitsui Chemicals, Inc, Wanhua Chemical, Covestro AG, Huntsman Corporation, Karoon Petrochemical Company
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
242
Number of Tables & Figures
170
Customization Available
Yes, the report can be customized as per your need.
Global Methylene Diphenylisocyanate Market Report Segments:
The global Methylene Diphenylisocyanate market is segmented on the basis of:
Types
Polymeric MDI, Pure MDI, Modified MDI
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
Construction, Automobiles, Electronics, 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:
- BASF
- Dow Chemical
- Tosoh Corporation
- Kumho Mitsui Chemicals, Inc
- Wanhua Chemical
- Covestro AG
- Huntsman Corporation
- Karoon Petrochemical Company
Highlights of The Methylene Diphenylisocyanate 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
- By Application:
- Construction
- Automobiles
- Electronics
- 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 Diphenylisocyanate 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 diphenylisocyanate is a chemical compound with the formula C8H10N4O2. It is a colorless, flammable liquid that has been used in manufacturing plastics and other materials.
Some of the major companies in the methylene diphenylisocyanate market are BASF, Dow Chemical, Tosoh Corporation, Kumho Mitsui Chemicals, Inc, Wanhua Chemical, Covestro AG, Huntsman Corporation, Karoon Petrochemical Company.
The methylene diphenylisocyanate market is expected to grow at a compound annual growth rate of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Methylene Diphenylisocyanate Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Methylene Diphenylisocyanate Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Methylene Diphenylisocyanate Market - Supply Chain
4.5. Global Methylene Diphenylisocyanate Market Forecast
4.5.1. Methylene Diphenylisocyanate Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Methylene Diphenylisocyanate Market Size (000 Units) and Y-o-Y Growth
4.5.3. Methylene Diphenylisocyanate Market Absolute $ Opportunity
5. Global Methylene Diphenylisocyanate Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Methylene Diphenylisocyanate Market Size and Volume Forecast by Type
5.3.1. Polymeric MDI
5.3.2. Pure MDI
5.3.3. Modified MDI
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Methylene Diphenylisocyanate Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Methylene Diphenylisocyanate Market Size and Volume Forecast by Application
6.3.1. Construction
6.3.2. Automobiles
6.3.3. Electronics
6.3.4. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Methylene Diphenylisocyanate Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Methylene Diphenylisocyanate Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Methylene Diphenylisocyanate Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Methylene Diphenylisocyanate Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Methylene Diphenylisocyanate Demand Share Forecast, 2019-2026
9. North America Methylene Diphenylisocyanate Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Methylene Diphenylisocyanate Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Methylene Diphenylisocyanate Market Size and Volume Forecast by Application
9.4.1. Construction
9.4.2. Automobiles
9.4.3. Electronics
9.4.4. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Methylene Diphenylisocyanate Market Size and Volume Forecast by Type
9.7.1. Polymeric MDI
9.7.2. Pure MDI
9.7.3. Modified MDI
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Methylene Diphenylisocyanate Demand Share Forecast, 2019-2026
10. Latin America Methylene Diphenylisocyanate Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Methylene Diphenylisocyanate Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Methylene Diphenylisocyanate Market Size and Volume Forecast by Application
10.4.1. Construction
10.4.2. Automobiles
10.4.3. Electronics
10.4.4. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Methylene Diphenylisocyanate Market Size and Volume Forecast by Type
10.7.1. Polymeric MDI
10.7.2. Pure MDI
10.7.3. Modified MDI
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Methylene Diphenylisocyanate Demand Share Forecast, 2019-2026
11. Europe Methylene Diphenylisocyanate Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Methylene Diphenylisocyanate Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Methylene Diphenylisocyanate Market Size and Volume Forecast by Application
11.4.1. Construction
11.4.2. Automobiles
11.4.3. Electronics
11.4.4. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Methylene Diphenylisocyanate Market Size and Volume Forecast by Type
11.7.1. Polymeric MDI
11.7.2. Pure MDI
11.7.3. Modified MDI
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Methylene Diphenylisocyanate Demand Share, 2019-2026
12. Asia Pacific Methylene Diphenylisocyanate Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Methylene Diphenylisocyanate Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Methylene Diphenylisocyanate Market Size and Volume Forecast by Application
12.4.1. Construction
12.4.2. Automobiles
12.4.3. Electronics
12.4.4. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Methylene Diphenylisocyanate Market Size and Volume Forecast by Type
12.7.1. Polymeric MDI
12.7.2. Pure MDI
12.7.3. Modified MDI
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Methylene Diphenylisocyanate Demand Share, 2019-2026
13. Middle East & Africa Methylene Diphenylisocyanate Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Methylene Diphenylisocyanate Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Methylene Diphenylisocyanate Market Size and Volume Forecast by Application
13.4.1. Construction
13.4.2. Automobiles
13.4.3. Electronics
13.4.4. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Methylene Diphenylisocyanate Market Size and Volume Forecast by Type
13.7.1. Polymeric MDI
13.7.2. Pure MDI
13.7.3. Modified MDI
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Methylene Diphenylisocyanate Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Methylene Diphenylisocyanate Market: Market Share Analysis
14.2. Methylene Diphenylisocyanate Distributors and Customers
14.3. Methylene Diphenylisocyanate Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. BASF
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Dow Chemical
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Tosoh Corporation
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Kumho Mitsui Chemicals, Inc
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Wanhua Chemical
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Covestro AG
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Huntsman Corporation
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Karoon Petrochemical Company
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. COMPANY9
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. COMPANY 10
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
