Albany NY (February 18, 2013) (CULRAV.ORG) -
CIS (Russia, Ukraine, Others) MDI (Methyl Diphenyl Diisocyanate) Market is Expected to Reach USD 1,116.9 Million in 2018
According to a new market report published by Transparency Market Research (www.transparencymarketresearch.com) “CIS (Russia, Ukraine, Others) MDI (Methyl Diphenyl Diisocyanate) Market – Industry Analysis, Raw Material, Consumption Trends, Size, Share and Forecast, 2010 – 2018,” the CIS demand for MDI was 265.9 kilo tons in 2011 and is expected to reach 391.9 kilo tons in 2018, growing at a CAGR of 5.8% for the period from 2013 to 2018. In terms of revenues, the MDI market was expected to be worth USD 744.4 million in 2011 and is expected to reach USD 1,116.9 million in 2018, growing at a CAGR of 6% from 2013 to 2018.
Browse the full report at http://www.transparencymarketresearch.com/russia-mdi.html
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. 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:
- Other CIS Countries
Global Methylene Diphenyl Diisocyanate (MDI) Market Is Expected To Reach USD 16.0 Billion By 2016
According to a new market report published by Transparency Market Research (www.transparencymarketresearch.com) “Methylene Diphenyl Diisocyanate (MDI) Market: Global Market Analysis, Size, Share & Forecast (2009 – 2016)”,Global MDI market was worth USD 11.9 billion in 2011 and is expected to reach USD 16.0 billion in 2016, growing at a CAGR of 6.1% from 2011 to 2016. Asia Pacific is expected to maintain its lead position in terms of revenue with 37.4% of global MDI market share in 2016 followed by Europe.
Browse the database at http://www.transparencymarketresearch.com/methylene-diphenyl-diisocyanate-market.html
MDI is mostly used for manufacturing rigid polyurethane foams, which are widely used as insulators in construction, consumer appliances, industrial applications, packaging and other such applications. It is also used in non-foam applications such as Elastomers, paints & coating, and adhesives & sealants.
Global MDI consumption is expected to reach 6.0 million tons in 2016 from 4.6 million tons in 2011, growing at a CAGR of 5.5% from 2011 to 2016. Asia Pacific was the largest consumer of MDI at 1.7 million tons in 2011.
Rigid foams was the largest application segment of MDI market, which accounted for 56.1% of the global MDI Market revenue in 2011. The segment is expected to grow at a CAGR of 6.2% from 2011 to 2016. The Adhesive & Sealants segment of MDI application market will have a growth rate of 6.2% from 2011 to 2016. The Flexible Foams application segment of MDI market will grow at a CAGR of 5.2% from 2011 to 2016 to attain a market value of USD 1.1 billion in 2016.
This report provides a holistic view to the overall global Methylene Diphenyl Diisocyanate (MDI) market with 8 years market data (volume-value) & forecast based on raw materials (crude oil, propylene, aniline and benzene), applications (rigid foams, flexible foams, paints & coatings, adhesives & sealants, elastomers & binders) and geographies (North America, Europe, Asia Pacific and Rest of the World)
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