Global Methylene Diphenyl Diisocyanate (MDI) market cagr 15.7%

Methylene Diphenyl Diisocyanate (MDI) Market Methylene Diphenyl Diisocyanate (MDI) Market Scope: Industry Analysis, Market Size, Growth, Trends Till 2031 Request Sample Report

Methylene Diphenyl Diisocyanate (MDI) Market Size and Growth The global Methylene Diphenyl Diisocyanate (MDI) market is expected to reach a market size of $X billion by 2027, growing at a CAGR of X%. Market conditions show increasing demand from various end-use industries such as construction, automotive, and electronics, driven by its properties including strength, insulation, and durability.

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Companies Covered (Covid 19 Impact Covered) ◍ ◍ ◍ ◍ ◍ ◍ ◍

Wanhua BASF Huntsman Covestro DOW Tosoh Kumho Mitsui

The competitive landscape of the Methylene Diphenyl Diisocyanate (MDI) market comprises major players like Wanhua, BASF, Huntsman, Covestro, Dow, Tosoh, and Kumho Mitsui. These companies use MDI in various applications, such as rigid foam insulation, coatings, adhesives, and sealants. They contribute to the market's growth through extensive research, product development, and strategic partnerships. For example, Wanhua reported sales revenue of $8.52 billion in 2020, BASF reported sales revenue of $64.5 billion in 2020, and Huntsman reported sales revenue of $5.44 billion in 2020.

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Market Segmentation

By Application

By Product

◍ Rigid Foam ◍ Flexible Foam

◍ Polymeric MDI ◍ Pure MDI

◍ Coatings ◍ Elastomers

◍ Modified MDI ◍ Others

◍ Adhesives and Sealants ◍ Others

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Market Growth $ X Billion USD

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