Methylene Diphenyl Diisocyanate Market 2028 – Forecast & Projected Growth
Rising demand for Methylene Diphenyl Diisocyanate (MDI) as a major raw material in the production of insulating material to boost the global MDI market through 2023. According to TechSci Research report, “ Global Methylene Diphenyl Diisocyanate Market By Type, By Application Type, By End Use, By Region, Competition Forecast & Opportunities, 2023” , the global Methylene Diphenyl Diisocyanate (MDI) market is forecast to surpass $ 39 billion by 2023 on account of increasing usage of MDI across various end-use industries. The Important Elements of Methylene Diphenyl Diisocyanate Market Methylene Diphenyl Diisocyanate, an aromatic diisocyante, renders outstanding properties to the products such as excellent thermal insulation, which makes it versatile for application across various sectors. Moreover, MDI is being increasingly used in manufacturing foam-based products (rigid & flexible foams), non-foam-based products (coatings, adhesives, ...