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MDI, TDI, and Polyurethane Market worth 90.34 Billion USD by 2021


(, November 02, 2019 ) The report "MDI, tdi, and Polyurethane Market by Application (Flexible Foams, Rigid Foams, Paints & Coatings, Elastomers, Adhesives & Sealants), End-Use (Construction, Furniture & Interiors, Electronics & Appliances, Automotive, Footwear) - Global Forecast to 2021", The market for MDI, TDI, and polyurethane is projected to grow from an estimated USD 69.28 Billion in 2016 to USD 90.34 Billion by 2021, at a CAGR of 5.45%.

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The market is mainly driven by the growth in emerging economies, especially China and India. The growth in the emerging economies is backed by the increased demand from automotive, transportation, and construction applications, as well as technological and infrastructural developments.

The rigid foams segment is projected to grow at the highest CAGR during the forecast period.

The rigid foams segment is projected to be the fastest-growing segment from 2016 to 2021. The growth is expected to be driven by the increasing demand from residential and commercial construction for board and laminate insulation and foam roofing.

The construction segment to account for the largest share of the MDI, TDI, and polyurethane market

The construction segment accounted for the largest market share in 2015, owing to the increasing construction activities in the emerging economies of Asia-Pacific, South America, and Middle East & Africa. The rebound in construction activities in matured markets such as the U.S. and Europe is also expected to drive the market during the forecast period. The most important application of polyurethane in buildings is insulation.

Don't miss out on business opportunities in MDI, TDI, and Polyurethane Market. Speak to Our Analyst and gain crucial industry insights that will help your business grow.

Browse in-depth TOC on "MDI, TDI, and Polyurethane Market”
112 - Market Data Tables
56 - Figures
185 - Pages

The Asia-Pacific region to play a key role in the growth of the market for MDI, TDI, and polyurethane

Based on region, the MDI, TDI, and polyurethane market is segmented into North America, Europe, Asia-Pacific, South America, and Middle East & Africa. The Asia-Pacific region is a key market for MDI, TDI, and polyurethane. Development in the economies and the rapid growth in the construction, electronics, and automotive industry in this region have led to the high growth of this market. Many automotive and footwear manufacturers are setting up or expanding their manufacturing bases in this region to benefit from the low manufacturing cost.

The key players in the MDI, TDI, and polyurethane market include BASF SE (Germany), The Dow Chemical Company (U.S.), Covestro AG (Germany), Huntsman Corporation (U.S.), Mitsui Chemicals, Inc. (Japan), E.I. du Pont de Nemours & Company (U.S.), Chemtura Corporation (U.S.), Wanhua Chemicals Group Co., Ltd. (China), Woodbridge Foam Corporation (Canada), and Chematur Engineering AB (Sweden)

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About MarketsandMarkets™

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the “Growth Engagement Model – GEM”. The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write “Attack, avoid and defend” strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets’s flagship competitive intelligence and market research platform, “Knowledge Store” connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.


Mr. Shelly Singh


Source: EmailWire.Com

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