Transparency Market
Research Report Add " CIS MDI (Methyl Diphenyl Diisocyanate)
Market -
Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2013 – 2019,"
to its database.
The CIS MDI (Methyl Diphenyl Diisocyanate) Market was valued at USD 760
million and is expected to grow at a CAGR of 21.3% from 2013 to 2019 to
reach an estimated value of USD 2,937.3 million
by 2019.
The growing demand from end use industries
such as construction, furniture and home appliances is the major factor driving
the market for MDI. Availability of abundant natural resources in the form of
crude oil and natural gas (especially in Russia) is also propelling the
growth of MDI market in the CIS.
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However, the market is inhibited by volatile pricing characteristics of
benzene. Phosgene free MDI production process provides immense opportunities
for participants to minimize the impact of MDI on environment and at the same
time attain sustainability.
Majority of the MDI produced in the
CIS is used for the production of rigid foam polyurethanes. Rigid foam
polyurethane accounted for approximately 58% of the total MDI produced in CIS
for the year 2011. Along with being the biggest application segment, rigid foam
polyurethanes are also the fastest growing application market for MDI in the
CIS region. Paints and coatings market for MDI is a small market when compared
with rigid foam polyurethanes but still it emerges as the second biggest
segment consuming MDI. MDI is also used in the production of flexible foam,
adhesives & sealants and elastomers and binders.
Russia is the biggest consumer of
MDI in the CIS region, accounting for over 83% of the total MDI consumed in
2011. Rapid industrialization in Russia and increasing foreign
investment are major factors boosting the demand for MDI in the nation. Russian
MDI demand is expected to grow at a CAGR of 6.1% from 2013 to 2018, making it
the fastest growing market for MDI in the CIS region.
Some of the leading companies present in
the CIS market for MDI include BASF, Bayer, Huntsman, Dow Chemical Company,
Yantai Wanhua, Mitsui Chemicals and so on.
This research was carried out to analyze
and measure the consumption trend of MDI exclusively for the CIS region including Russia, Ukraine and
other countries the CIS region. The research report showcases major MDI
producers in CIS and demand by application and geography. It covers all the
major segments of the MDI market, historical data from 2010 - 2012 and
statistically refined forecast from 2013 to 2018 for the segments covered. The
report also covers all the major applications market for MDI. The study
presents a comprehensive assessment of the stakeholder strategies, winning
imperatives for them by segmenting the MDI market as below:
MDI
Market, by Application:
- Rigid Foam
- Flexible Foam
- Paints and Coatings
- Adhesives and Sealants
- Elastomers and Binders
The report provides a cross-sectional
analysis of all the above segments with respect to the following geographical
markets:
- Russia
- Ukraine
- Other CIS Countries
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updated and revised by a team of research experts, so that it always reflects
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capability, Transparency Market Research employs rigorous primary and secondary
research techniques in developing distinctive data sets and research material
for business reports.
Contact
Sheela AK
90 Sate Street, Suite 700
Albany, NY 12207
Tel: +1-518-618-1030
USA - Canada Toll Free: 866-552-3453
Sheela AK
90 Sate Street, Suite 700
Albany, NY 12207
Tel: +1-518-618-1030
USA - Canada Toll Free: 866-552-3453
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