Global Methylene Diphenyl Diisocyanate Market Overview

Methylene Diphenyl diisocyanate (MDI) is an aromatic diisocyanate. MDI is reacted with Polyols for the production of polyurethane.

Global Methylene Diphenyl Diisocyanate market size will increase US$ 25 billion from 2018 to US$ 33 billion in 2023, at a CAGR of 5.5% during the forecast period.

MDI is used primarily in the production of rigid polyurethane foams used for insulation for your home or refrigerator, and many other uses. Insulation made with MDI can help consumers save on their heating and cooling costs and conserve energy.

Europe is the largest producing region of MDI followed by China and North America. On the other hand, China has largest demand for MDI in the world followed by Europe and North America.

Wanhua Chemical located in Chins is the largest manufacturer of MDI. Other major players are BASF, Covestro, Huntsman, Dow Chemical, Sadara Chemical, etc.

This report covers the global scenario on MDI Industry, Region-wise Supply Demand Analysis and Future Demand Projections for Africa, South America, North America, Indian Subcontinent, North East Asia, China, South East Asia, Middle East, Europe and Australia. For the Indian scenario this report covers major producers, Supply, Demand, Market Drivers and Future Projection.