Global MDI, TDI, polyurethane market was worth USD 67.3 billion in 2020 and is anticipated to garner modest returns by the year 2026.

Industry snapshot:

• Widespread application of MDI, TDI, and polyurethan in building and construction sector is the major growth determinants of the market.
• Presence of properties like excellent strength-to-weight ratio, durability, insulation, and versatility is contributing toward growth of marketplace.
• Strong demand for polyurethanes is being fueled by numerous end-use sectors such as automotive, mining, construction, footwear, among others.
• Rising number of new households, increasing average spending on construction activities, growing disposable income of individuals across emerging nations, rapid urbanization, and mounting government spending on sustainable construction are expected to bolster market trends over 2021-2026.

Request sample copy of this report: https://www.marketstudyreport.com/request-a-sample/4226456/  

Segmental overview:

Type	Toluene Diisocyanate (TDI)
	Methylenediphenyl Diisocyanate (MDI)
Application	Coatings
	Rigid Foams
	Flexible Foams
	Others
End-Use	Electronic Appliances
	Automotive
	Furniture & Interiors
	Construction
	Others
Regions	North America
	Asia Pacific
	Europe
	Latin America and Middle East & Africa (LAMEA)

 

Window to the future:

• Asia Pacific MDI, TDI, polyurethane industry accounts for major revenue share at present and is reckoned to grow consistently over the forecast duration, owing to presence of trained labor, easy accessibility to raw materials, and local government assistance in the region.

Explainer:

The COVID-19 outbreak has diminished the demand for construction equipment due to disruption of supply chain, which in turn stifled the industry outlook in the recent past. On the bright side, with successful vaccination drives and efforts by governments to revive economies, the industry is on the track to amass significant returns.

Woodbridge Foam Corporation, DuPont de Nemours Inc., Mitsui Chemicals, BASF SE, Wanhua Chemical Group Co. Ltd., Covestro AG, Huntsman Corporation, and The Dow Chemical Company are the leading players influencing global MDI, TDI, polyurethane market.

Concluding lines:

Market research offers essential and relevant information about the industry and the business environment for the purpose of assisting clients in developing effective development strategies. MarketStudyReport has a study on ‘Global MDI, TDI, Polyurethane Market (Value, Volume) - Analysis By Type (MDI, TDI), Application (Flexible Foams, Rigid Foams, Coatings, Others), End User, By Region, By Country (2021 Edition): Market Insights and Forecast with Impact of COVID-19 (2021-2026)’ elaborates on growth drivers, difficulties, and impending prospects. This study has been painstakingly created by using data from both primary and secondary sources to provide the best value to the reader.