The global Diphenylmethane Diisocyanate (MDI) market size was USD 28.26 Billion in 2021 and is expected to register a revenue CAGR of 5.1% during the forecast period, according to latest analysis by Emergen Research. Growing adoption of diphenylmethane diisocyanate in the construction industry is the key factor driving market revenue growth.
Global Diphenylmethane Diisocyanate Market revenue growth is primarily driven by rising focus by major companies on product portfolio expansion, entry into new and untapped domestic and international markets, rising investments my top Diphenylmethane Diisocyanate Market players, manufacturers, and vendors in strategic agreements and contracts, and rapidly increasing competition in the Diphenylmethane Diisocyanate Market
Get FREE Diphenylmethane Diisocyanate Market Report sample copy@
https://www.emergenresearch.com/request-sample/1100
Rising growth of the construction sector across the world creates high demand for MDI, which is used for production of rigid polyurethane foam and has a wide application in the construction industry. It is used in insulated panels, roof installation, and filling gaps around windows and doors. Rigid polyurethane foams, such as spray, pour-in-place, and one-component foams, can be used to fill gaps and cover complex shapes. Rigid polyurethane foam has significant environmental benefits including increased energy efficiency and lower construction load.
Some Key Highlights From the Report
The adhesive and sealant segment is expected to register a steady revenue growth rate over the forecast period due to increasing demand for Diphenylmethane Diisocyanate (MDI) for production of adhesive and sealant. MDI is widely used for production of adhesive and sealants that are useful for industrial and other applications. For example, Covestro, a chemical company produces an aromatic polyisocyanate prepolymer DESMODUR E 210, which is MDI-based and applied in reactive adhesives and sealants for various applications in furniture and construction.
The furniture & interiorssegment revenue is expected to increase at a steady rate over the forecast period due to the rising demand for diphenylmethane diisocyanate in furniture and interiors MDI is used for production of flexible foams that are applied in various furniture and interior applications. Flexible foam is a cushioning material used to manufacture upholstered furniture that is fashionable and durable. It is a good flame retardant that is ideal for mattresses, pillows, couches, chairs, and other home or office furniture cushioning.
The North America market is expected to register a steady growth rate during the forecast period due to rising adoption of diphenylmethane diisocyanate in construction and automotive applications. Rising growth of automotive and construction sectors in countries across the region, especially the U.S., is creating ample opportunities for the market. According to a research, the construction industry added USD 900 billion to the U.S. economy in the first three months of 2020.
Access the Entire Report packed with TOC, Tables and Figures and Outline of Prominent Companies @ https://www.emergenresearch.com/industry-report/diphenylmethane-diisocyanate-market
Diphenylmethane Diisocyanate Market : Competitive Landscape
The prominent players operating in the Diphenylmethane Diisocyanate Market are profiled in-depth in the report and their strategies, collaborations, and product innovations. The analysis of the key players and their strategies to fortify their presence in the market impart a better understanding of the competitive landscape of the Diphenylmethane Diisocyanate Market.
Some major companies in the global market report include BASF SE, Dow Chemical Company, Huntsman Corporation, Covestro AG., Everchem Specialty Chemicals, Wanhua Chemical Group Co., Ltd., Kumho Mitsui Chemicals, Lanxess AG., Tosoh Corporation, Hexion Inc., and TCI Chemicals (India) Pvt. Ltd.
Global Diphenylmethane Diisocyanate Market Segmentation
Emergen Research has segmented the global Diphenylmethane Diisocyanate (MDI) market based on product type, application, end-use, and region:
Product Type Outlook (Revenue, USD Million, Volume, Kilo Tons; 2019-2030)
Monomeric MDI
Polymeric MDI
Modified MDI
Application Outlook (Revenue, USD Million, Volume, Kilo Tons; 2019-2030)
Rigid Foam
Flexible Foam
Coatings
Elastomer
Adhesive & Sealant
Others
End-Use Outlook (Revenue, USD Million, Volume, Kilo Tons; 2019-2030)
Construction
Furniture & Interiors
Electronics & Appliances
Rubber and Plastic
Automotive
Footwear
Others
Diphenylmethane Diisocyanate Market Reports inquiry and request for customization @ https://www.emergenresearch.com/request-for-customization/1100
Geographically, this report studies the key regions, focuses on product sales, value, market share and growth opportunity in these regions, covering:
United States
Europe
China
Japan
Southeast Asia
India
We can also provide the customized separate regional or country-level reports, for the following regions:
North America, United States, Canada, Mexico, Asia-Pacific, China, India, Japan, South Korea, Australia, Indonesia, Singapore, Rest of Asia-Pacific, Europe, Germany, France, UK, Italy, Spain, Russia, Rest of Europe, Central & South America, Brazil, Argentina, Rest of South America, Middle East & Africa, Saudi Arabia, Turkey, Rest of Middle East & Africa
Enquire before purchasing this report– https://www.emergenresearch.com/call-schedule/1100
Why should you buy this Diphenylmethane Diisocyanate Market report?
The study paper dissects the total market potential of major regions with strengths, opportunity and challenge, constraints, and dangers.
By identifying the high-improvement locations, the study inspects the open entryways, keeping an eye out for accomplices.
It examines each submarket in terms of a single improvement design and its contribution to the market.
It examines the recent developments, such as advancements, business strategies, new product releases, and acquisitions.
It purposefully profiles the major market players and thoroughly investigates their advancement strategies.
Buy now @ https://www.emergenresearch.com/call-schedule/1100
Table of Content Highlights :
Chapter 1.Methodology & Sources
Chapter 2. Executive Summary
Chapter 3. Key Insights
Chapter 4. Diphenylmethane Diisocyanate (MDI) Market Segmentation & Impact Analysis
Chapter 5. Diphenylmethane Diisocyanate (MDI) Market By Product Type Insights & Trends, Revenue (USD Million) (Kilo Tons)
Chapter 6. Diphenylmethane Diisocyanate (MDI) Market By Application Insights & Trends, Revenue (USD Million) (Kilo Tons)
Chapter 7. Diphenylmethane Diisocyanate (MDI) Market By End-Use Insights & Trends, Revenue (USD Million) (Kilo Tons)
Chapter 8. Diphenylmethane Diisocyanate (MDI) Market Regional Outlook
Chapter 9. Competitive Landscape
Chapter 10. Company Profiles
About Us:
At Emergen Research, we believe in advancing with technology. We are a growing market research and strategy consulting company with an exhaustive knowledge base of cutting-edge and potentially market-disrupting technologies that are predicted to become more prevalent in the coming decade.
Thank you for reading our report. For further details or to inquire about customization, please let us know. We will offer you the report as per your needs.
Media Contact
Company Name: Emergen Research
Contact Person: Eric Lee
Email:Send Email
Phone: +1 (604) 757-9756
Address:14671 110 Avenue Surrey, British Columbia, V3R2A9
City: Surrey
State: British Columbia
Country: Canada
Website: www.emergenresearch.com/industry-report/diphenylmethane-diisocyanate-market
