The International Methylene Diphenyl Di-isocyanate (MDI) market size was xxx million USD with a CAGR xx % from 2015- 2019. It will stretch to xxx million USD in 2020 with a CAGR of xx % from 2020 to 2025.
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.
As the report focuses on global Methylene Diphenyl Di-isocyanate (MDI) market, mainly in Europe and Asia Pacific, North America, Middle East and Africa, and South America. This report segmented the market on the basis of regions, manufacturers, applications, and type.
in addition, this report introduces market competition situation among the vendors and company profile, besides, market price analysis and value chain features are covered in this report.
In market segmentation by manufacturers, the report covers the following companies-
Wanhua
BASF
Huntsman
Covestro
DOW
Tosoh
Kumho Mitsui
In market segmentation by geographical regions, the report has analyzed the following regions-
North America (USA, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Columbia etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
In market segmentation by types covers:
Polymeric MDI
Pure MDI
Modified MDI
Others
In market segmentation by applications :
Rigid Foam
Flexible Foam
Coatings
Elastomers
Adhesives and Sealants
Others
Apart from the drivers, restraints, and opportunities, the report also offers competitive landscape, including various growth strategies adopted by profiled players for establishing significant position in the industry. The segmentation included in the comprehensive report will help respectable manufacturers to set up their processing units in the regions and increase their global presence. This would also benefit the industry and increase the company\'s product portfolio.
The research provides answers to the following key questions:
• What is the estimated growth rate and market share and size of the Methylene Diphenyl Di-isocyanate (MDI) market for the forecast period 2020 - 2025?
• What are the driving forces in the Methylene Diphenyl Di-isocyanate (MDI) market for the forecast period 2020 - 2025?
• Who are the prominent market players and how have they gained a competitive edge over other competitors?
• What are the market trends influencing the progress of the Methylene Diphenyl Di-isocyanate (MDI) industry worldwide?
• What are the major challenges and threats restricting the progress of the industry?
• What opportunities does the market hold for the prominent market players?