Authored By: Sarah
11 Jul 2024

 Methylene Diphenyl Diisocyanate (Mdi) Market Size to grow by USD 7 billion between 2024-2028

According to a research report “ Methylene Diphenyl Diisocyanate (Mdi) Market” by End-user (Construction, Furniture and interiors, Electronics and appliances, Automotive, Others) Product (Rigid foam, CASE, Flexible foam, Others) Geography (APAC, Europe, North America, South America, Middle East and Africa)- Global Forecast to 2028 published by Technavio, the market size is estimated to grow by USD 7 billion, at a CAGR of almost 4.69% during the forecast period. The Methylene Diphenyl Diisocyanate (MDI) market is experiencing significant expansion in emerging economies, including China, Turkey, India, Mexico, Brazil, Russia, South Korea, and Indonesia. This growth is driven by several factors, including the relocation of manufacturing facilities to low-cost regions in Asia Pacific (APAC) by various companies. Key influencers behind this strategic move are the availability of cost-effective labor, less stringent government regulations, reduced transportation costs, and affordable land in these countries. The demand for polyurethane (PU) products, such as PU flexible foams and rigid foams, has surged in end-use industries, particularly in China. With APAC leading as the largest automobile producer in recent years, emerging economies like India and China account for a substantial portion of the demand for PU products.

Browse market data tables, figures, and in-depth TOC on “Methylene Diphenyl Diisocyanate (Mdi) Market” by End-user (Construction, Furniture and interiors, Electronics and appliances, Automotive, Others) Product (Rigid foam, CASE, Flexible foam, Others) Geography (APAC, Europe, North America, South America, Middle East and Africa) Global Forecast to 2028. Download Free Sample


By End-user, the Construction segment is projected to dominate the market size in 2024

Methylene Diphenyl Diisocyanate (MDI) plays a pivotal role in the production of polyurethane rigid foams, which find extensive applications in various sectors, including building and construction, transportation, electronics, and packaging. In the construction industry, these foams are utilized for manufacturing composite panels, insulation boards and blocks, technical insulation, and pipe insulation, owing to their low-to-high-density properties and superior stiffness. The global construction industry is projected to expand steadily during the forecast period, with APAC accounting for approximately 45% of the market share. Key contributors to this growth are anticipated to be China, India, and Japan.

By Product, Rigid foam  segment is expected to hold the largest market size for the year 2024

Methylene Diphenyl Diisocyanate (MDI) is a valuable asset in the construction industry, recognized for its desirable properties including lightweight, strength, durability, and flexibility. This versatile chemical functions as an effective insulating agent, enabling it to fill wall cavities without damaging the structure. Moreover, it offers excellent resistance to air infiltration. In the realm of applications, MDI is indispensable in the production of rigid foams, coatings, sealants, and adhesives. The escalating utilization of isocyanate in these sectors is projected to fuel its demand within the construction industry. Furthermore, the burgeoning preference for spray PU foam is anticipated to boost MDI consumption in the industry's future endeavors.

APAC is forecasted to hold the largest market size by region in 2024

Methylene Diphenyl Diisocyanate (MDI) is a crucial raw material in the production of polyurethane foams and coatings. The global MDI market is experiencing robust growth, driven by increasing demand for insulation and construction materials. Key players in this market include BASF SE, Huntsman Corporation, and Bayer AG. These companies are investing in research and development to expand their product offerings and enhance their competitive position. The market is expected to continue its upward trajectory due to the growing demand for energy-efficient and sustainable building materials.

The Methylene Diphenyl Diisocyanate (Mdi) Market growth and forecasting report also includes detailed analyses of the competitive landscape of the market growth and forecasting and information about 20 market companies, including:

  • Changzhou JLON Composite Co. Ltd.
  • Chongqing ChangFeng Chemical Co. Ltd
  • Covestro AG
  • Dow Chemical Co.
  • Everchem Specialty Chemicals
  • Gomati Impex Pvt Ltd
  • Hexion Inc.
  • Huntsman International LLC
  • Isotherm Puf Panel Pvt. Ltd.
  • Kumho Petrochemical Co. Ltd.
  • Kurmy Corp.
  • Lanxess AG
  • Redox Ltd.
  • Sadara Chemical Co.
  • Shilpa Chemspec International Pvt. Ltd.
  • Shri Salasar Traders
  • Tosoh Corp.
  • Wanhua Chemical Group Co. Ltd.

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Research Analysis Overview

Methylene Diphenyl Diisocyanate (MDI), a type of aromatic isocyanate, is a crucial raw material in the production of various polymers and chemicals. Pure MDI is widely used in the manufacturing of polyurethane (PU) foams, binders, elastomers, adhesives, coatings, and infilling applications. When handling MDI, it is essential to take necessary precautions due to its toxic effects. It reacts with water, forming harmful by-products like formaldehyde and aniline. Therefore, proper containment measures and protective equipment are required during production and handling. MDI has a significant production capacity, making it a versatile raw material in various industries. It finds extensive applications in fire insulation, waterproof barriers, heat insulation, window assembly, and automotive industries. MDI is also used in the production of phosgenefree MDI, which is a safer alternative to traditional MDI. Despite its benefits, MDI production and usage are regulated due to its toxic nature. Proper safety measures and adherence to regulations are essential to mitigate potential health risks. MDI is a valuable raw material in the production of PU foams, which are used in numerous applications, including construction, automotive, and insulation industries.

Market Research Overview

Methylene Diphenyl Diisocyanate (MDI) is a crucial aromatic isocyanate used in the production of various products, including polymethacrylimide foam, rigid foam, and flexible PU foams. MDI is widely used in bedding applications, such as mattresses and pillows, as a cushioning material due to its excellent mechanical strength, chemical resistance, and thermal insulation properties. In the automotive sector, MDI is used in the production of automotive interiors, carpet underlay, and insulation materials. The rigid foam segment of MDI is used in the automotive industry for insulation and sound absorption, contributing to fuel efficiency and reduced vehicle weight. The construction industry is another significant consumer of MDI, with applications including insulation for energy-efficient buildings, infilling applications, and waterproof barriers. MDI is also used in the production of spray foam insulation, which is used in various applications, including window assembly and insulated panels. BASF, a leading chemical company, has introduced ecofriendly MDI, such as Lupranat ZERO, which is produced using renewable resources like soybean oil. Technological developments in MDI production process optimization and the use of artificial intelligence are also driving the market growth. MDI is used in various industries, including furniture, footwear, electronics, and coatings and adhesives. Its low toxicity and phosgenefree properties make it an attractive alternative to traditional materials. However, handling and containment of MDI require proper safety measures due to its reactivity with water, formaldehyde, aniline, and other chemicals. The global MDI market is expected to grow due to the expansion of the automotive sector, infrastructure investment in urban infrastructure, roads and highways, and the increasing demand for renewable energy and sustainable products. Environmental regulations are also driving the demand for phosgenefree MDI and other eco-friendly materials.


Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200

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