NEW YORK, Nov. 8, 2021 /PRNewswire/ -- The methylene diphenyl diisocyanate (MDI) market size is expected to increase by USD 5.56 bn from 2021 to 2025, registering a CAGR of 4.22%, according to the latest research report from Technavio. This report presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters. The methylene diphenyl diisocyanate (MDI) market analysis includes application and geography landscape.

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The methylene diphenyl diisocyanate (MDI) market report covers insights on major trends, key growth drivers, and challenges impacting the overall growth of the market. The report identifies the growing demand for MDI from emerging economies as one of the major factors driving the growth of the market.

The methylene diphenyl diisocyanate (MDI) market covers the following areas:

Methylene Diphenyl Diisocyanate (MDI) Market Sizing
Methylene Diphenyl Diisocyanate (MDI) Market Forecast
Methylene Diphenyl Diisocyanate (MDI) Market Analysis

Companies Mentioned

• BASF SE
• Covestro AG
• Dow Inc.
• Hexion Inc.
• Huntsman Corp.
• Kumho Mitsui Chemicals
• LANXESS AG
• Sumitomo Chemical Co. Ltd.
• Tosoh Corp.
• Wanhua Chemical Group Co. Ltd.

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Regional Analysis

Technavio offers an up-to-date analysis of the geographical composition of the methylene diphenyl diisocyanate (MDI) market. This market has been segmented by geography into five segments, which are APAC, Europe, North America, South America, and MEA. According to our research, APAC is expected to account for 49% of the growth of the market during the forecast period. The growth rate of APAC is expected to be fast during this period. Hence, the region will offer several growth opportunities to market vendors. In addition, the key countries of the methylene diphenyl diisocyanate (MDI) market in the region are expected to be India, China, and Japan.

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Table of Contents:

Executive Summary

Market Landscape

• Market ecosystem
• Value chain analysis

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Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

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SOURCE Technavio