Global Methylene Diphenyl Diisocyanate (MDI) Market 2023-2029
According to the latest estimates, the global methylene diphenyl diisocyanate market is set to achieve an incremental growth of 2.8 million tons, accelerating at a CAGR of almost 5
Methylene Diphenyl Diisocyanate (MDI) is a chemical compound that is commonly used in the production of products such as adhesives, coatings, and foam materials. It is a type of isocyanate, which means it contains two reactive functional groups that are used to form polyurethane polymers. According to the latest estimates, the global methylene diphenyl diisocyanate market is set to achieve an incremental growth of 2.8 million tons, accelerating at a CAGR of almost 5.42% during the forecast period 2023-2029.
The report covers market size and growth, segmentation, regional breakdowns, competitive landscape, trends and strategies for global methylene diphenyl diisocyanate market. It presents a quantitative analysis of the market to enable stakeholders to capitalize on the prevailing market opportunities. The report also identifies top segments for opportunities and strategies based on market trends and leading competitors’ approaches.
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This industry report offers market estimates and forecasts of the global market, followed by a detailed analysis of the application, end user, and region. The global market for methylene diphenyl diisocyanate can be segmented by application: rigid foam, flexible foam, coatings, elastomers, adhesive and sealants, others. Among these, the rigid foam segment was accounted for the largest share of the market in 2022. Methylene diphenyl diisocyanate market is further segmented by end user: construction, furniture and interiors, electronics and appliances, automotive, footwear, others. The construction segment is estimated to account for the largest share of the global methylene diphenyl diisocyanate market. Based on region, the methylene diphenyl diisocyanate market is segmented into: North America, Europe, Asia-Pacific, MEA (Middle East and Africa), Latin America. Asia-Pacific held the largest share of the global methylene diphenyl diisocyanate market in 2022 and is anticipated to hold its share during the forecast period.
Market Segmentation
By application: rigid foam, flexible foam, coatings, elastomers, adhesive and sealants, others
By end user: construction, furniture and interiors, electronics and appliances, automotive, footwear, others
By region: North America, Europe, Asia-Pacific, MEA (Middle East and Africa), Latin America
The market research report covers the analysis of key stake holders of the global methylene diphenyl diisocyanate market. Some of the leading players profiled in the report include BASF SE, Covestro AG, Dow Inc., Wanhua Chemical Group Co., Ltd., Shanghai Lianheng Isocyanate Co., Ltd., Tosoh Corporation, Hexion Inc., Huntsman Corporation, Kumho Mitsui Chemicals Inc., SADARA, Sumitomo Chemical Co., Ltd., Chongqing ChangFeng Chemical Co., Ltd., among others. In this report, key players and their strategies are thoroughly analyzed to understand the competitive outlook of the market.
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Manmayi Raval
Research Consultant
Scope of the Report
• To analyze and forecast the market size of the global methylene diphenyl diisocyanate market.
• To classify and forecast the global methylene diphenyl diisocyanate market based on application, end user, region.
• To identify drivers and challenges for the global methylene diphenyl diisocyanate market.
• To examine competitive developments such as mergers & acquisitions, agreements, collaborations and partnerships, etc., in the global methylene diphenyl diisocyanate market.
• To identify and analyze the profile of leading players operating in the global methylene diphenyl diisocyanate market.
Why Choose This Report
• Gain a reliable outlook of the global methylene diphenyl diisocyanate market forecasts from 2023 to 2029 across scenarios.
• Identify growth segments for investment.
• Stay ahead of competitors through company profiles and market data.
• The market estimate for ease of analysis across scenarios in Excel format.
• Strategy consulting and research support for three months.
• Print authentication provided for the single-user license.
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