Methylenediphen yl Diisocyanate
(MDI) Market
Methylenediphenyl Diisocyanate (MDI) Market
Scope: Industry Analysis, Market Size, Growth, Trends Till 2031
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Methylenediphenyl Diisocyanate (MDI) Market Size
and Growth
The Methylenediphenyl Diisocyanate (MDI) market is experiencing steady growth, driven by increasing demand in construction and automotive sectors. The market size is projected to reach approximately USD 20 billion by 2026, with a compound annual growth rate (CAGR) of 5% due to expanding applications in insulation and polyurethane production.
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Companies Covered
(Covid 19 Impact Covered)
◍ Dow Company Company
◍ BASF
◍ Bayer Science
◍ OCI Corporation
◍ Vencorex
◍ Huntsman Corporation
◍ Covestro
◍ Ashland
◍ BP p.l.c.
◍ Diacel chemical
◍ Rohm & Haas
◍ Wanhua Chemical Group
◍ MITSUI CHEMICALS
◍ Evonik Industries
◍ Tosoh Corporation
The MDI market is driven by demand in construction, automotive, and insulation sectors. Key players like Dow, BASF, and Covestro enhance growth through product innovations and strategic partnerships. Their extensive applications in foams, coatings, and elastomers boost MDI utilization. Notably, BASF reported sales of approximately $78 billion.
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Market Segmentation
By Application
Application I
Application II
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By Product
Type I
Type II
Market Growth
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$ X Billion USD
