Chemical

According to a new market report published by Lucintel, the future of the global MDI (Methylene Diphenyl Diisocyanate) based polyurethane market looks promising with opportunities in construction, appliance, transportation, furniture & bedding, footwear, packaging, and general & industrial engineering industries. The global MDI based polyurethane market is expected to reach an estimated $23.3 billion by 2027 with a CAGR of 3.8% from 2021 to 2027.

The major driver for growth in this market is increasing demand for higher thermal insulating materials in building and construction, home appliances, and transportation sectors., increased production growth of lightweight vehicles and an increase in regulatory pressure for energy efficiency and lowering CO2 emissions.

In this market, rigid foam, flexible foam, coating, adhesives &sealants and elastomer are the major application type of MDI based polyurethane. Lucintel forecasts that, rigid foam will remain the largest segment over the forecast period due to of growing demand of PU foam in building & construction and appliances industries for thermal insulation and energy savings. Elastomer application is expected to witness the highest growth over the forecast period

Within the MDI based polyurethane market, construction will remain the largest end use segment over the forecast period due to increasing demand of rigid foam for thermal and acoustic insulation in exterior and interior walls. Footwear is expected to witness the highest growth over the forecast period

Asia Pacific is expected to remain the largest region and witness the highest growth over the forecast period due to growing investment in building and construction, and increasing production of automotive and appliances.

Emerging trends, which have a direct impact on the dynamics of the MDI based polyurethane industry, include the development of high flame retardant PU foam and biobased MDI. BASF , Covestro, Huntsman, Wanhua Chemical, The Dow Chemical Company, Mitsui Chemicals Inc, Tosoh Corporation, and Sadara Chemical Company companies are among the suppliers of MDI based polyurethane.

Lucintel, a leading global strategic consulting and market research firm, has analyzed growth opportunities in the global MDI based polyurethane market by application, end use, and region. Lucintel has prepared a comprehensive research report entitled “Growth Opportunities in the Global MDI based polyurethane Market 2022-2027: Trends, Forecast, and Opportunity Analysis.” The Lucintel report serves as a catalyst for growth strategy as it provides a comprehensive data and analysis on trends, key drivers, and directions. The study includes a forecast for the global MDI based polyurethane by application, end use, and region as follows:


































This 198-page research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link https://www.lucintel.com/mdi-based-polyurethane-market.aspx or write us at helpdesk@lucintel.com.

About Lucintel

Lucintel, the premier global Management Consulting and market research firm, creates winning strategies for growth. It offers market assessments, competitive analysis, opportunity analysis, Growth Consulting, M&A, and Due diligence services to executives and key decision-makers in a variety of industries. For further information, visit www.lucintel.com.

This report answers following 11 key questions:

Q.1 What are some of the most promising potential, high-growth opportunities for the global MDI based polyurethane market by application (rigid foam, flexible foam, coating, adhesive and sealant and elastomer), end use (construction, appliance, transportation, furniture and bedding, footwear, packing, general/ industrial engineering and others), region (North America, Europe, Asia Pacific, and the Rest of the World)

Q.2 Which segments will grow at a faster pace and why?

Q.3 Which regions will grow at a faster pace and why?

Q.4 What are the key factors affecting market dynamics? What are the drivers and challenges of the MDI based polyurethane market?

Q.5 What are the business risks and threats to the MDI based polyurethane market?

Q.6 What are emerging trends in this MDI based polyurethane market and the reasons behind them? 

Q.7 What are some changing demands of customers in the MDI based polyurethane market?

Q.8 What are the new developments in the MDI based polyurethane market? Which companies are leading these developments? 

Q.9 Who are the major players in this MDI based polyurethane market? What strategic initiatives are being implemented by key players for business growth?

Q.10 What are some of the competitive products and processes in this MDI based polyurethane area and how big of a threat do they pose for loss of market share via material or product substitution?

Q.11 What M & A activities have taken place in the last 5 years in this MDI based polyurethane market?