Los Angeles, CA -- (SBWire) -- 04/10/2019 --Methylene Diphenyl Di-isocyanate is most often abbreviated as MDI, is an aromatic diisocyanate. Three isomers are common, varying by the positions of the isocyanate groups around the rings: 2, 2'-MDI, 2,4'-MDI, and 4,4'-MDI. MDI reacts with polyols in the manufacture of polyurethane.
Methylene diphenyl di-isocyanate (MDI) production is concentrated highly. Currently, there are several producing companies in the world methylene diphenyl di-isocyanate (MDI) industry. The main market players are Wanhua, BASF, Huntsman, Covestro, DOW, Tosoh and Kumho Mitsui. They have several manufacturing plants around the world.
In consumption market, the global sales increases with the 5.41% average growth rate. Europe and China are the mainly consumption regions due to the bigger demand of downstream applications.
Methylene diphenyl di-isocyanate (MDI) is mainly applied in production of polyurethane for rigid foam, flexible foam, coatings, elastomers and adhesives and sealants, etc. With the development of economy, downstream applications will need more methylene diphenyl di-isocyanate (MDI). So, methylene diphenyl di-isocyanate (MDI) has a huge market potential in the future.
The global Methylene Diphenyl Di-isocyanate (MDI) market was 19900 million US$ in 2018 and is expected to 23300 million US$ by the end of 2025, growing at a CAGR of 2.3% between 2019 and 2025.
This report studies the Methylene Diphenyl Di-isocyanate (MDI) market size (value and volume) by players, regions, product types and end industries, history data 2014-2018 and forecast data 2019-2025; This report also studies the global market competition landscape, market drivers and trends, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.
Geographically, this report is segmented into several key regions, with sales, revenue, market share and growth Rate of Methylene Diphenyl Di-isocyanate (MDI) in these regions, from 2014 to 2025, covering
North America (United States, Canada and Mexico)
Europe (Germany, UK, France, Italy, Russia and Turkey etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil etc.)
Middle East and Africa (Egypt and GCC Countries)
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The various contributors involved in the value chain of the product include manufacturers, suppliers, distributors, intermediaries, and customers. The key manufacturers in this market include
Wanhua
BASF
Huntsman
Covestro
DOW
Tosoh
Kumho Mitsui
By the product type, the market is primarily split into
Polymeric MDI
Pure MDI
Modified MDI
Others
By the end users/application, this report covers the following segments
Rigid Foam
Flexible Foam
Coatings
Elastomers
Adhesives and Sealants
Key Regions split in this report:
North America
Asia-Pacific
Europe
Central & South America
Middle East & Africa
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Methylene Diphenyl Di-Isocyanate Market Growing at 2.30% CAGR Will Hit 23300 Million US$ in 2025