Global methylene diphenyl di-isocyanate (MDI) market is expected to reach USD 41,946.76 Million by 2030 from USD 27,967.64 million in 2022, growing at a CAGR of 5.3% during the forecast period of 2023 to 2030.
Market Segmentation:
Global Methylene Diphenyl Di-Isocyanate (MDI) Market, By Application (Polyurethane Foam, Polyurethane Elastomers, Polyurethane Adhesives and Sealants, Polyurethane Coatings, and Others), End-Use (Footwear, Furniture, Automotive, Building and Construction, Home Appliances, Textile, Healthcare, Electrical and Electronics, Packaging, Industrial Machinery, and Others), Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, Italy, U.K., France, Spain, Poland, Turkey, Netherlands, Belgium, Sweden, Rest of Europe, Japan, China, India, South Korea, Australia & New Zealand, Vietnam, Malaysia, Thailand, Indonesia, Taiwan, Rest of Asia-Pacific, Saudi Arabia, United Arab Emirates, South Africa, Egypt, Nigeria, and Rest of Middle East and Africa) - Industry Trends and Forecast to 2030.
Overview of Global Methylene Diphenyl Di-Isocyanate (MDI) Market Dynamics:
- Driver
- Positive outlook toward the production of polyurethanes
- Restraints
- Stringent rules and regulations associated with mdi
- Opportunities
- Incorporation of the new production facility and expansion of existing one
Market Players:
Some of the key market players operating in the global methylene diphenyl di-isocyanate (MDI) market are listed below:
- BASF SE
- SABIC
- Wanhua
- Covestro AG
- Dow
- Tosoh Corporation
- LANXESS
- Huntsman International LLC
- Tokyo Chemical Industry (India) Pvt. Ltd.
- KUMHO MITSUI CHEMICALS
- Sadara
- Karun Petrochemical Company
- Henkel Polybit (A subsidiary of Henkel AG & Co. KGaA)
- KURMY CORPORATIONS
- Era Polymers Pty Ltd
TABLE OF CONTENTS
1 INTRODUCTION 51
- 1.1 OBJECTIVES OF THE STUDY 51
- 1.2 MARKET DEFINITION 51
- 1.3 OVERVIEW 51
- 1.4 LIMITATIONS 53
- 1.5 MARKETS COVERED 53
2 MARKET SEGMENTATION 58
- 2.1 MARKETS COVERED 58
- 2.2 GEOGRAPHICAL SCOPE 59
- 2.3 YEARS CONSIDERED FOR THE STUDY 60
- 2.4 CURRENCY AND PRICING 60
- 2.5 DBMR TRIPOD DATA VALIDATION MODEL 61
- 2.6 APPLICATION LIFELINE CURVE 64
- 2.7 MULTIVARIATE MODELING 65
- 2.8 PRIMARY INTERVIEWS WITH KEY OPINION LEADERS 66
- 2.9 DBMR MARKET POSITION GRID 67
- 2.10 MARKET APPLICATION COVERAGE GRID 68
- 2.11 DBMR MARKET CHALLENGE MATRIX 69
- 2.12 DBMR VENDOR SHARE ANALYSIS 70
- 2.13 SECONDARY SOURCES 71
- 2.14 ASSUMPTIONS 72
3 EXECUTIVE SUMMARY 73
4 PREMIUM INSIGHTS 76
- 4.1 PESTLE ANALYSIS 78
- 4.1.1 POLITICAL FACTORS: 79
- 4.1.2 ECONOMIC FACTORS: 79
- 4.1.3 SOCIAL FACTORS: 80
- 4.1.4 TECHNOLOGICAL FACTORS: 80
- 4.1.5 LEGAL FACTORS: 81
- 4.1.6 ENVIRONMENTAL FACTORS: 82
- 4.2 PORTER'S FIVE FORCES: 83
- 4.2.1 THREAT OF NEW ENTRANTS: 83
- 4.2.2 THE THREAT OF SUBSTITUTES: 84
- 4.2.3 CUSTOMER BARGAINING POWER: 84
- 4.2.4 SUPPLIER BARGAINING POWER: 84
- 4.2.5 INTERNAL COMPETITION (RIVALRY): 85
- 4.3 CLIMATE CHANGE SCENARIO 86
- 4.3.1 ENVIRONMENTAL CONCERNS 86
- 4.3.2 INDUSTRY RESPONSE 86
- 4.3.3 GOVERNMENT'S ROLE 86
- 4.3.4 ANALYST RECOMMENDATION 86
- 4.4 IMPORT EXPORT SCENARIO 87
- 4.5 PRICE INDEX SCENARIO 89
- 4.6 PRODUCTION CONSUMPTION ANALYSIS 90
- 4.7 PRODUCTION CAPACITY OVERVIEW 91
- 4.8 RAW MATERIAL COVERAGE 92
- 4.9 SUPPLY CHAIN ANALYSIS 93
- 4.9.1 OVERVIEW 93
- 4.9.2 LOGISTIC COST SCENARIO 93
- 4.9.3 IMPORTANCE OF LOGISTICS SERVICE PROVIDERS 93
- 4.10 TECHNOLOGICAL ADVANCEMENTS BY MANUFACTURERS 94
- 4.11 VENDOR SELECTION CRITERIA 95
- 4.12 LIST OF KEY BUYERS 97
- 4.12.1 ASIA-PACIFIC 97
- 4.12.2 NORTH AMERICA 98
- 4.12.3 SOUTH AMERICA 99
- 4.12.4 EUROPE 100
- 4.12.5 MIDDLE EAST AND AFRICA 101
5 REGULATION COVERAGE 102
6 MARKET OVERVIEW 104
- 6.1 DRIVERS 106
- 6.1.1 POSITIVE OUTLOOK TOWARD THE PRODUCTION OF POLYURETHANES 106
- 6.1.2 FAVORABLE SCENARIO FOR POLYURETHANES IN THE BUILDING AND CONSTRUCTION INDUSTRY 108
- 6.1.3 GAINING ACCEPTANCE IN THE AUTOMOTIVE SECTOR 110
- 6.1.4 RISING ADOPTION OF POLYURETHANES IN THE FURNITURE INDUSTRY 112
- 6.1.5 INCREASING PROMINENT USAGE OF THERMAL INSULATION IN REFRIGERATION 113
- 6.2 RESTRAINTS 114
- 6.2.1 STRINGENT RULES AND REGULATIONS ASSOCIATED WITH MDI 114
- 6.2.2 TOXIC EFFECTS OF MDI ON HEALTH 115
- 6.3 OPPORTUNITIES 115
- 6.3.1 INCORPORATION OF THE NEW PRODUCTION FACILITY AND EXPANSION OF EXISTING ONE 115
- 6.3.2 LAUNCHES OF NOVEL PRODUCTS AND ADVANCEMENTS IN PRODUCTION TECHNOLOGIES 116
- 6.4 CHALLENGES 117
- 6.4.1 THE FLUCTUATION IN RAW MATERIAL PRICES 117
- 6.4.2 FLUCTUATING DEMAND-SUPPLY DYNAMICS OF ISOCYANATES 118
7 GLOBAL METHYLENE DIPHENYL DI-ISOCYANATE (MDI) MARKET, BY REGION 120
- 7.1 OVERVIEW 121
- 7.2 ASIA-PACIFIC 133
- 7.2.1 CHINA 147
- 7.2.2 JAPAN 154
- 7.2.3 SOUTH KOREA 163
- 7.2.4 INDIA 172
- 7.2.5 THAILAND 181
- 7.2.6 MALAYSIA 189
- 7.2.7 INDONESIA 198
- 7.2.8 VIETNAM 207
- 7.2.9 AUSTRALIA & NEW ZEALAND 216
- 7.2.10 TAIWAN 224
- 7.2.11 REST OF ASIA-PACIFIC 233
- 7.3 EUROPE 234
- 7.3.1 GERMANY 246
- 7.3.2 ITALY 255
- 7.3.3 U.K. 264
- 7.3.4 FRANCE 273
- 7.3.5 SPAIN 282
- 7.3.6 POLAND 291
- 7.3.7 TURKEY 300
- 7.3.8 NETHERLANDS 308
- 7.3.9 BELGIUM 315
- 7.3.10 SWEDEN 323
- 7.3.11 REST OF EUROPE 332
- 7.4 NORTH AMERICA 333
- 7.4.1 U.S. 344
- 7.4.2 MEXICO 353
- 7.4.3 CANADA 362
- 7.5 MIDDLE EAST AND AFRICA 371
- 7.5.1 SAUDI ARABIA 382
- 7.5.2 UNITED ARAB EMIRATES 390
- 7.5.3 SOUTH AFRICA 398
- 7.5.4 EGYPT 407
- 7.5.5 NIGERIA 416
- 7.5.6 REST OF MIDDLE EAST AND AFRICA 425
- 7.6 SOUTH AMERICA 426
- 7.6.1 BRAZIL 437
- 7.6.2 ARGENTINA 446
- 7.6.3 REST OF SOUTH AMERICA 454
8 GLOBAL METHYLENE DIPHENYL DI-ISOCYANATE (MDI) MARKET: COMPANY LANDSCAPE 455
- 8.1 COMPANY SHARE ANALYSIS: GLOBAL 455
- 8.2 COMPANY SHARE ANALYSIS: ASIA-PACIFIC 456
- 8.3 COMPANY SHARE ANALYSIS: EUROPE 457
- 8.4 COMPANY SHARE ANALYSIS: NORTH AMERICA 458
- 8.5 EXPANSION 459
- 8.6 INVESTMENT 459
9 COMPANY PROFILES 460
- 9.1 WANHUA. 460
- 9.1.1 COMPANY SNAPSHOT 460
- 9.1.2 REVENUE ANALYSIS 460
- 9.1.3 COMPANY SHARE ANALYSIS 461
- 9.1.4 SWOT ANALYSIS 461
- 9.1.5 PRODUCT PORTFOLIO 462
- 9.1.6 RECENT DEVELOPMENT 463
- 9.2 BASF SE 464
- 9.2.1 COMPANY SNAPSHOT 464
- 9.2.2 REVENUE ANALYSIS 464
- 9.2.3 COMPANY SHARE ANALYSIS 465
- 9.2.4 PRODUCT PORTFOLIO 465
- 9.2.5 SWOT 466
- 9.2.6 RECENT DEVELOPEMENT 467
- 9.3 COVESTRO AG 468
- 9.3.1 COMPANY SNAPSHOT 468
- 9.3.2 REVENUE ANALYSIS 468
- 9.3.3 COMPANY SHARE ANALYSIS 469
- 9.3.4 SWOT ANALYSIS 469
- 9.3.5 PRODUCT PORTFOLIO 470
- 9.3.6 RECENT DEVELOPMENTS 470
- 9.4 DOW 471
- 9.4.1 COMPANY SNAPSHOT 471
- 9.4.2 REVENUE ANALYSIS 471
- 9.4.3 COMPANY SHARE ANALYSIS 472
- 9.4.4 SWOT ANALYSIS 472
- 9.4.5 PRODUCT PORTFOLIO 473
- 9.4.6 RECENT DEVELOPMENTS 473
- 9.5 KUMHO MITSUI CHEMICALS 474
- 9.5.1 COMPANY SNAPSHOT 474
- 9.5.2 COMPANY SHARE ANALYSIS 474
- 9.5.3 SWOT ANALYSIS 475
- 9.5.4 PRODUCT PORTFOLIO 475
- 9.5.5 RECENT DEVELOPMENT 476
- 9.6 ERA POLYMERS PTY LTD 477
- 9.6.1 COMPANY SNAPSHOT 477
- 9.6.2 SWOT ANALYSIS 477
- 9.6.3 PRODUCT PORTFOLIO 478
- 9.6.4 RECENT DEVELOPMENT 478
- 9.7 HENKEL POLYBIT (A SUBSIDIARY OF HENKEL AG & CO. KGAA) 479
- 9.7.1 COMPANY SNAPSHOT 479
- 9.7.2 SWOT ANALYSIS 479
- 9.7.3 PRODUCT PORTFOLIO 480
- 9.7.4 RECENT DEVELOPMENT 480
- 9.8 HUNTSMAN INTERNATIONAL LLC 481
- 9.8.1 COMPANY SNAPSHOT 481
- 9.8.2 REVENUE ANALYSIS 482
- 9.8.3 SWOT ANALYSIS 482
- 9.8.4 PRODUCT PORTFOLIO 483
- 9.8.5 RECENT DEVELOPMENTS 483
- 9.9 KARUN PETROCHEMICAL COMPANY 484
- 9.9.1 COMPANY SNAPSHOT 484
- 9.9.2 SWOT ANALYSIS 484
- 9.9.3 PRODUCT PORTFOLIO 485
- 9.9.4 RECENT DEVELOPMENT 485
- 9.10 KURMY CORPORATIONS 486
- 9.10.1 COMPANY SNAPSHOT 486
- 9.10.2 SWOT ANALYSIS 486
- 9.10.3 PRODUCT PORTFOLIO 487
- 9.10.4 RECENT DEVELOPMENT 487
- 9.11 LANXESS 488
- 9.11.1 COMPANY SNAPSHOT 488
- 9.11.2 REVENUE ANALYSIS 488
- 9.11.3 SWOT ANALYSIS 489
- 9.11.4 PRODUCT PORTFOLIO 489
- 9.11.5 RECENT DEVELOPMENTS 489
- 9.12 SABIC 490
- 9.12.1 COMPANY SNAPSHOT 490
- 9.12.2 REVENUE ANALYSIS 490
- 9.12.3 PRODUCT PORTFOLIO 491
- 9.12.4 SWOT 491
- 9.12.5 RECENT DEVELOPEMENTS 491
- 9.13 SADARA 492
- 9.13.1 COMPANY SNAPSHOT 492
- 9.13.2 SWOT ANALYSIS 492
- 9.13.3 PRODUCT PORTFOLIO 493
- 9.13.4 RECENT DEVELOPMENT 493
- 9.14 TOKYO CHEMICAL INDUSTRY (INDIA) PVT. LTD. 494
- 9.14.1 COMPANY SNAPSHOT 494
- 9.14.2 SWOT ANALYSIS 494
- 9.14.3 PRODUCT PORTFOLIO 495
- 9.14.4 RECENT DEVELOPMENT 495
- 9.15 TOSOH CORPORATION 496
- 9.15.1 COMPANY SNAPSHOT 496
- 9.15.2 REVENUE ANALYSIS 496
- 9.15.3 SWOT ANALYSIS 497
- 9.15.4 PRODUCT PORTFOLIO 497
- 9.15.5 RECENT DEVELOPMENTS 497
10 QUESTIONNAIRE 498
11 RELATED REPORTS 501