The global Methylene Diphenyl Diisocyanate (MDI) market stood at approximately 8.9 million tonnes in 2024 and is anticipated to grow at a CAGR of 4.40% during the forecast period until 2035.
Methylene Diphenyl Diisocyanate, or MDI, is one of the diisocyanates that is produced most frequently worldwide. MDI is a very adaptable product that is used to create elastomers, foams of all kinds, including molding foams and thermostat foams, as well as polyurethane goods. In addition, the product is utilized in the manufacturing of sports goods and footwear. Polyurethane (PU), which is in high demand by furniture producers, is the main product of MDI. Two processes are involved in the commercial manufacturing of MDI. The first step involves the reaction of aniline and formaldehyde with HCl acting as a catalyst. To get the finished product, phosgene is added to the isocyanate mixture that was created. The primary application of MDI is in polyurethane foams. The main applications for rigid forms are in insulation, packing, refrigeration, and building. Additionally, binders, elastomers, adhesives, sealants, and coatings are made with MDI.
Rigid polyurethane foam is widely used in insulated panels, gap fillers for the areas surrounding doors and windows, and wall and roof insulation. Rigid PU foam is mostly utilized for wall and roofing insulation. It is also used to fill uneven forms and gaps with firm PU foams. Significant environmental advantages of rigid polyurethane foam include lower project weight and enhanced energy efficiency. One of the most often uses of PUs in the architecture and construction industry is protective coatings. In addition to many other consumer and commercial goods, they are utilized in the construction of bridges, buildings, cellars, and wood flooring. PU adhesives are utilized in flooring, wallboard, window and door installations, roofing, and wallboard because of its quick cure time, strong binding, and resistance against weather. The building industry is expanding rapidly because of increased urbanization and infrastructure development, especially in emerging economies. The demand for MDI is driven by the wide range of uses of MDI-based polyurethane foams in roofing, flooring, insulation, and other building materials. MDI-based polyurethane foams are also used in the automotive sector for a variety of purposes, such as soundproofing, interior trimmings, and seating. The introduction of MDI in automotive manufacturing has been driven by strict pollution restrictions and the growing demand for lightweight and energy-efficient vehicle. The global Methylene Diphenyl Diisocyanate (MDI) market is likely to reach approximately 14.3 million tonnes in 2035.
In terms of consumption, the Asia Pacific region leads the world market for Methylene Diphenyl Diisocyanate (MDI). Due to growing demand from sectors including construction, furniture, electronics, and automotive in nations like China, India, and Japan, the Asia-Pacific region is anticipated to lead the market. In the area, MDI is becoming more and more popular. Furthermore, since China is the world's largest manufacturer and consumer of polyurethane, the material is predominantly used in MDI applications in that nation. China is the world's largest producer and user of polyurethane products, and the country mostly uses MDI for polyurethane. Over 40% of the world market for polyurethane products is supplied by China, which is expected to continue to grow in the coming years. The MDI market is expanding in Europe due to consumer demand for sustainable building methods and energy-efficient insulating materials.
Based on the end-user industry, the global Methylene Diphenyl Diisocyanate (MDI) market is segmented into Building & Construction, Furniture & Beddings, Electronics & Appliances, Automotive, Adhesive, Sealants, Elastomers, and Others. However, Building & Construction industry is the leading segments and held about 38% of the global Methylene Diphenyl Diisocyanate (MDI) market in 2024 and is anticipated to prevail the similar trend in the upcoming years. MDI's principal end uses are foam insulation for buildings and appliances, binders for goods made of composite wood, and sealants and adhesives for laminate floors.
Major players in the Global Methylene Diphenyl Diisocyanate (MDI) market are Wanhua Chemical Co. Ltd,
BASF SE, Covestro AG, Tosoh Corporation, Huntsman International LLC, BASF SE, Redox Pty Ltd, Wanhua Chemical Group Co., Dow and others.
Years considered for this report:
Historical Period: 2015- 2023
Base Year: 2024
Estimated Year: 2025
Forecast Period: 2026-2035
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Objective of the Study:
• To assess the demand-supply scenario of Methylene Diphenyl Diisocyanate (MDI) which covers production, demand and supply of Methylene Diphenyl Diisocyanate (MDI) market in the globe.
• To analyse and forecast the market size of Methylene Diphenyl Diisocyanate (MDI)
• To classify and forecast Global Methylene Diphenyl Diisocyanate (MDI) market based on end-use and regional distribution.
• To examine competitive developments such as expansions, mergers & acquisitions, etc., of Methylene Diphenyl Diisocyanate (MDI) market in the globe.
To extract data for Global Methylene Diphenyl Diisocyanate (MDI) market, primary research surveys were conducted with Methylene Diphenyl Diisocyanate (MDI) manufacturers, suppliers, distributors, wholesalers and Traders. While interviewing, the respondents were also inquired about their competitors. Through this technique, ChemAnalyst was able to include manufacturers that could not be identified due to the limitations of secondary research. Moreover, ChemAnalyst analyzed various segments and projected a positive outlook for Global Methylene Diphenyl Diisocyanate (MDI) market over the coming years.
ChemAnalyst calculated Methylene Diphenyl Diisocyanate (MDI) demand in the globe by analyzing the historical data and demand forecast which was carried out considering demand for Methylene Diphenyl Diisocyanate (MDI) by the end-user industries. ChemAnalyst sourced these values from industry experts and company representatives and externally validated through analyzing historical sales data of respective manufacturers to arrive at the overall market size. Various secondary sources such as company websites, association reports, annual reports, etc., were also studied by ChemAnalyst.
Key Target Audience:
• Methylene Diphenyl Diisocyanate (MDI) manufacturers and other stakeholders
• Organizations, forums and alliances related to Methylene Diphenyl Diisocyanate (MDI) distribution
• Government bodies such as regulating authorities and policy makers
• Market research organizations and consulting companies
The study is useful in providing answers to several critical questions that are important for industry stakeholders such as Methylene Diphenyl Diisocyanate (MDI) manufacturers, customers and policy makers. The study would also help them to target the growing segments over the coming years, thereby aiding the stakeholders in taking investment decisions and facilitating their expansion.
Report Scope:
In this report, Global Methylene Diphenyl Diisocyanate (MDI) market has been segmented into following categories, in addition to the industry trends which have also been detailed below:
Attribute
Details
Market size Volume in 2024
8.9 million tonnes
Market size Volume in 2035
14.3 million tonnes
Growth Rate
CAGR of 4.40% from 2025 to 2035
Base year
2024
Estimated year
2025
Historic Data
2015 – 2023
Forecast period
2026 – 2035
Quantitative units
Demand in million tonnes and CAGR from 2025 to 2035
Report coverage
Industry Market Size, Capacity by Company, Capacity by Location, Capacity by Process, Capacity by Technology, Operating Efficiency, Production by Company, Demand by End- Use, Demand by Region, Demand by Sales Channel, Demand-Supply Gap, Company Share.
Segments covered
By End-Use: (Building & Construction, Furniture & Beddings, Electronics & Appliances, Automotive, and Adhesive, Sealants, Elastomers, and Others)
By Sales Channel: (Direct Sale and Indirect Sale)
Regional scope
North America, Europe, Asia Pacific, Middle East and Africa, and South America.
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Market Data & Insights
Table of Content
1. Industry Market Size
It is an essential metric for market analysis, as it provides insights into the overall size and growth potential of Methylene Diphenyl Diisocyanate (MDI) market in terms of value and volume.
2. Capacity By Company
On our online platform, you can stay up to date with essential manufacturers and their current and future operation capacity on a practically real-time basis for Methylene Diphenyl Diisocyanate (MDI).
3. Capacity By Location
To better understand the regional supply of Methylene Diphenyl Diisocyanate (MDI) by analyzing its manufacturers' location-based capacity.
4. Capacity By Process
To evaluate the demand of various methods and their capacities while looking for the future growth of each process.
5. Capacity By Technology
To better assess the manufacturing capacities with different technologies as well as understand which technology is more in demand.
6. Plant Operating Efficiency
To determine what percentage manufacturers are operating their plants or how much capacity is being currently used.
7. Production By Company
Study the historical annual production of Methylene Diphenyl Diisocyanate (MDI) by the leading players and forecast how it will grow in the coming years.
8. Demand by End- Use
Discover which end-user industry (Building & Construction, Furniture & Beddings, Electronics & Appliances, Automotive, Adhesive, Sealants, Elastomers, and Others) are creating a market and the forecast for the growth of the Methylene Diphenyl Diisocyanate (MDI) market.
9. Demand by Region
Analyzing the change in demand of Methylene Diphenyl Diisocyanate (MDI) in different regions, i.e., North America, Europe, Asia Pacific, Middle East and Africa, and South America, that can direct you in mapping the regional demand.
10. Demand by Sales Channel (Direct and Indirect)
Multiple channels are used to sell Methylene Diphenyl Diisocyanate (MDI). Our sales channel will help in analyzing whether distributors and dealers or direct sales make up most of the industry's sales.
11. Demand-Supply Gap
Determine the supply-demand gap to gain information about the trade surplus or deficiency of Methylene Diphenyl Diisocyanate (MDI).
12. Company Share
Figure out what proportion of the market share of Methylene Diphenyl Diisocyanate (MDI) is currently held by leading players across the globe.
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supply of the product in the market at a Global level.
What was the net market size of Methylene Diphenyl Diisocyanate (MDI) in terms of volume in 2024?
Ans:
The global market size of Methylene Diphenyl Diisocyanate (MDI) has reached approximately 8.9 million tonnes in 2024.
Q2.
Which industry is the leading consumer of Methylene Diphenyl Diisocyanate (MDI)?
Ans:
Building & Construction industry is the leading consumer of Methylene Diphenyl Diisocyanate (MDI) globally.
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