Methylene Diphenyl Diisocyanate (MDI) Market Overview:
The Global Methylene Diphenyl Diisocyanate Market is expected to grow at over 5% CAGR by the end of 2025.
Methylene Diphenyl Diisocyanate (MDI) Market Segmentation:
By Form: The methylene diphenyl diisocyanate market can primarily be categorized into pure MDI, polymeric MDI, and modified MDI.
1. Pure MDI—Pure MDI is a blend of 4,4 and 2,4 isomers of MDI of which 4,4 MDI accounts for 98%. Pure MDI is used in the production of prepolymers for cast polyurethane applications such as wheels & rollers and mechanical goods; TPU elastomers; and spandex fibers.
2. Polymeric MDI—Polymeric MDI (PMDI) is a mixture of monomeric and polyaromatic methylene diphenyl diisocyanate. Polymeric MDI is also known as crude MDI. It is commonly used in the manufacturing rigid and flexible polyurethane foam for various applications including construction panels, spray heat insulation, refrigerators, and car interiors. PMDI is also used as a binder in the woodworking industry.
3. Modified MDI—Modified MDI is obtained by catalyzing from monomeric MDI. Modified MDI includes prepolymers and blends derived from DMI. Modified MDI can be combined with long chain polyether’s, polyesters, or other polyols to produce products and materials including adhesives, sealants, and thermoplastic polymers for extrusion and injection molding applications.
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By Application: The methylene diphenyl diisocyanate market has been segmented into rigid foam; flexible foam; coatings, adhesives, sealants, & elastomers; and others.
1. Rigid Foam—Rigid foam segment accounted for the largest share of the global methylene diphenyl diisocyanate market in 2018 and is expected to register significant growth during the review period on account of widespread use in the construction industry. Rigid foam being an effective insulation material finds use in numerous applications such as roof, wall, windows, doors, and air barrier sealants.
2. Flexible Foam—Flexible foam is used to make cushions for a broad range of products including bedding, furniture, automotive interiors, carpet underlay, and packaging owing to its superior features such as lightweight, durability, and comfortability.
3. Coatings, Adhesives, Sealants, and Elastomers, CASE—Polyurethane coatings are being widely preferred in end-use industries as they enhance the product appearance and provide improved durability. Polyurethane adhesives are known for their strong bonding properties, while sealants for providing tighter seals. Polyurethane elastomers provide superior stress recovery and resistance to environmental factors.
4. Others—The others segment includes footwear; semi-rigid and polyisocyanurate & thermoset foams.
By End-Use Industry: The global methylene diphenyl diisocyanate market has been segmented into building & construction, automotive, electrical & electronics, packaging, furnishing & interiors, and footwear.
1. Building & Construction—The segment accounted for the largest share of the global methylene diphenyl diisocyanate market in 2018 and is expected to grow at a significant CAGR during the review period. The growth can be attributed to rising demand for energy-efficient construction materials coupled with increased spending on the renovation of buildings to build modern architecture. Polyurethane foam is used extensively in the building and construction industry to insulate roof underlays, exterior walls, floorings, interior wall cavities, attics, crawlspaces, door frames, and window frames, among others
2. Automotive—Polyurethane finds use in various automobile interiors such as seats, armrests, and headrests for their both cushioning and insulation purpose. The growing demand for energy-efficient vehicles to reduce environmental emissions is likely to result in increased automotive production and thus, surge the demand for polyurethanes and MDI.
3. Electrical & Electronics—Polyurethanes are used in the electronics industry for encapsulation, sealing, insulation of underwater cables, microelectronic components, and printed circuit boards. The increased spending on consumer electronics is expected to drive the growth of the electrical & electronics industry and thus, the polyurethanes market.
4. Packaging—Polyurathane is being widely preferred in the packaging of various products such as electronics, medical diagnostic equipment, delicate glassware, and large industrial parts to protect the products against damage in transit as it provides the form-fitting cushioning properties and is cost-effective.
5. Furnishing and Interiors—The widespread use of polyurethane foam in furnishing applications due to its superior properties such as softness, durability, and its ability to maintain the shape is driving the growth of polyurethane market and thus, MDI.
6. Footwear—Increased spending on sports shoes with growing enthusiasm for running and other sports activities to remain physically fit coupled with increasing health consciousness and changing lifestyles have resulted in increased demand for polyurethane foam and thus, MDI.
Methylene Diphenyl Diisocyanate (MDI) Market Table Of Contents to be Continue…….,
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