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
- 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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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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Methylene Diphenyl Diisocyanate (MDI) Market Scope
Growth momentum & CAGR
Accelerate at a CAGR of 4.22%
Market growth 2021-2025
USD 5.56 billion
YoY growth (%)
APAC, Europe, North America, South America, and MEA
Performing market contribution
APAC at 49%
Key consumer countries
India, Germany, China, US, and Japan
Leading companies, competitive strategies, consumer engagement scope
BASF SE, Covestro AG, Dow Inc., Hexion Inc., Huntsman Corp., Kumho Mitsui Chemicals, LANXESS AG, Sumitomo Chemical Co. Ltd., Tosoh Corp., and Wanhua Chemical Group Co. Ltd.
Parent market analysis, market growth inducers and obstacles, fast-growing and slow-growing segment analysis, COVID-19 impact and future consumer dynamics, market condition analysis for the forecast period
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Table of Contents:
- Market ecosystem
- Value chain analysis
For more insights on methylene diphenyl diisocyanate (MDI) market, View Our Report Snapshot
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