Diaminodiphenyl methane (MDA)
Market
Diaminodiphenylmethane (MDA) Market Scope:
Industry Analysis, Market Size, Growth, Trends Till 2031
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Diaminodiphenylmethane (MDA) Market Size and Growth
The Diaminodiphenylmethane (MDA) market is experiencing growth driven by increasing demand in the polyurethane industry. In 2023, the market size is estimated to exceed USD 800 million, with a projected CAGR of over 5% through the next five years, influenced by rising applications in adhesives and coatings.
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Companies Covered
(Covid 19 Impact Covered)
◍ BASF
◍ Wanhua Chemical Group
◍ Honghu Shuangma New Material
◍ Jiangsu Victory Chemical
◍ Lanxess
The Diaminodiphenylmethane (MDA) market features key players like BASF, Wanhua Chemical Group, Honghu Shuangma New Material, Jiangsu Victory Chemical, and Lanxess. They produce MDA for adhesives, coatings, and composites, driving growth through innovation. Sales figures include:
- BASF: $84 billion (2022)
- Wanhua: $15 billion (2022)
- Lanxess: $9 billion (2022)
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Market Segmentation
By Application
MDI
Diisocyanate
Epoxy Crosslinker
Other
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By Product
99% purity
99.5% purity
Market Growth
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$ X Billion USD
