Worldwide Market for Diphenylmethane Diisocyanate Projected to Reach 5.3 Million Tons by 2012, According to New Report by Global Industry Analysts, Inc.

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Spurred by consistent demand from end-use industries, the worldwide market for Diphenylmethane Diisocyanate (MDI) is projected to reach 5.3 million tons by 2012. Polyurethane industry is the largest consumer of MDI. Global demand for polyurethane products is expected to witness steady growth due to consistent requirement in traditional uses.

Diphenylmethane Diisocyanate: A Global Strategic Business Report

The market for basic materials such as Diphenylmethane Diisocyanate (MDI) is inextricably linked to the fortunes of its end-use industries. MDI is used in the production of rigid polyurethane foam, elastomers, and reaction-injection molding plastics (RIM). MDI is used in appliance and construction applications, agricultural fibers, wood and in products such as medical gloves. Strong rise in costs of crude oil, natural gas and raw materials such as benzene, spiked MDI prices. Europe is the largest producer of MDI followed by the US and Asia-Pacific. About 95% of the worldwide MDI production comes from North America, Northeast Asia and Western Europe.

Europe is the largest market for MDI worldwide, estimated at 1.3 million tons in 2008 as stated by Global Industry Analysts, Inc. The US and Asia-Pacific are the other leading markets for MDI. MDI consumption in flexible and rigid foams market is projected to reach 2.76 million tons by 2012. MDI use in paints and coatings market is estimated at 540 thousand tons in 2008.

Major players covered in the report include BASF, Bayer, BorsodChem, Chematur Engineering, Chemtura Corp, Huntsman Corp, ITWC Inc, Mitsui Chemicals Polyurethanes, Nippon Polyurethane Industry, Rubicon, Dow Chemical, and Yantai Wanhua Polyurethane.

"Diphenylmethane Diisocyanate: A Global Strategic Business Report" published by Global Industry Analysts, Inc., provides a comprehensive review of market trends, market drivers, product profile, major players, end-use applications, recent developments, mergers, acquisitions, and other strategic industry activities. Analysis for the period 2000 through 2015 is presented for major geographic markets such as United States, Japan, France, Germany, the UK, Italy, Asia, South America and the Middle East. Analytics are provided in terms of end-use segments including Flexible Foams, Rigid Foams, Paints & Coatings, Adhesives & Sealants, Elastomers, and Others.

For more details about this research report, please visit http://www.strategyr.com/Diphenylmethane_Diisocyanate_MDI_Market_Report.asp

About Global Industry Analysts, Inc.
Global Industry Analysts, Inc., (GIA) is a reputed publisher of off-the-shelf market research. Founded in 1987, the company is globally recognized as one of the world's largest market research publishers. The company employs over 700 people worldwide and publishes more than 880 full-scale research reports each year. Additionally, the company also offers a range of over 60,000 smaller research products including company reports, market trend reports, and industry reports encompassing all major industries worldwide.

Global Industry Analysts, Inc.
Telephone 408-528-9966
Fax 408-528-9977
Email press@StrategyR.com
Web Site http://www.strategyr.com/

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