Africa MDI, TDI, Polyurethane Market is Estimated to Grow at 3.9% with Factors such as Increasing Consumption of Polyurethane Components

MDI, TDI, Polyurethane Market has shown an exceptional penetration in countries such as Egypt, Nigeria and Saudi Arabia. Increased consumption of insulation materials in the developing countries is accelerating the market growth. In developing countries, the polyurethane foam as a raw material for 3D printing is creating opportunity for the Africa  MDI, TDI, polyurethane market.

Africa MDI, TDI, Polyurethane Market Scenario

According to Data Bridge Market Research the market for MDI, TDI, polyurethane in Egypt has the highest market share followed by South Africa and Nigeria. Market leader is Covestro AG which accounts an estimated market share of approximately 15% to 20% in Africa. The company has gained outstanding sale through their product showcase programs. The companies’ Desmodur portfolio includes both MDI and TDI.

  • In November 2018, Wanhua Chemical Group Co.Ltd announces that they had opened a new manufacturing unit in North America for the production of MDI chemical .Through this expansion, the company aims to meet the growing demand in the local market.

Africa MDI, TDI, Polyurethane Market

Trends Impacting the Africa MDI, TDI, Polyurethane Market

Now the question is which other regions Covestro AG, Dow and Wanhua Chemical Group Co.Ltd are targeting? Data Bridge Market Research has estimated a large growth in Egypt for Africa  MDI, TDI, polyurethane market and the market leaders targeting South Africa to be their next revenue pockets for 2020.

The MDI, TDI, polyurethane market is becoming more competitive every year with companies such as Covestro AG , Dow and  Wanhua Chemical Group Co.Ltd  being the market leaders for MDI, TDI, polyurethane. The Data Bridge Market Research new reports highlight the major growth factors and opportunities in the MDI, TDI, and polyurethane market.

For more analysis on the Africa MDI, TDI, polyurethane market request for a briefing with our analysts

Africa MDI, TDI, Polyurethane Market Development

  • In October 2018, Covestro AG announced that they had planned to invest EUR 300 million at Antwerp site in a new aniline production. The launch of the new unit is expected for 2022. Through this expansion, the company aims to expand its business.

Scope of the Africa MDI, TDI, Polyurethane Market

Africa  MDI, TDI, Polyurethane market is segmented on the basis of countries into the Egypt, South Africa, Nigeria, Algeria, Morocco, Angola, Kenya, Libya and  Rest of Africa

  • All country based analysis of the MDI, TDI, polyurethane market is further analyzed based on further segmentation. On the basis of type; the market is segmented into toluene diisocyanate (TDI) and methylene diphenyl diisocyanate (MDI). On the basis of raw material, the market is segmented into crude oil, natural gas, toluene, benzene, nitric acid, methanol, chlorine and others. On the basis of application, the market is segmented into polyurethane foam, polyurethane elastomers, polyurethane adhesives and sealants, polyurethane coatings and others. On the basis of end-use, the market is segmented into footwear, furniture, automotive, building and construction, home appliances, textile, healthcare, electrical and electronics, packaging, industrial machinery and others.
  • The MDI, TDI, polyurethane market is used to improve the quality and finishing of the product. It is used as a raw material of 3D printing. Increased concern towards the toxicity of polyurethane foams is a major hindering factor for the growth. Overall, the market is witnessing strong products offering with improved market coverage.

To know more about the study

Key Pointers Covered in the Africa MDI, TDI, Polyurethane Market Industry Trends and Forecast to 2027

  • Market Size
  • Market Regulatory Standards and Changes
  • Market Requirements in Different Regions
  • Export and Import Data
  • Market Shares in Different Regions
  • Recent Developments for Market Competitors
  • Recent Market Value for Different regions
  • Sales Data for Market Competitors
  • Market Key Vendors and Disruptors Study
  • Market Supply Chain Competiveness

Key Market Competitors Covered in the Report

  • Dow
  • Covestro AG
  • Huntsman International LLC.
  • Wanhua Chemical Group Co.Ltd
  • Merck KGaA
  • Royal Dutch Shell plc
  • Era Polymers Pty Ltd

Above are the key players covered in the report to know about more and exhaustive list of MDI, TDI, polyurethane companies contact us

Research Methodology: Africa MDI, TDI, Polyurethane Market

Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analysed and forecasted using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more please request an analyst call or can drop down your enquiry.

The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. Apart from this, data models include vendor positioning grid, market time line analysis, market overview and guide, company positioning grid, company market share analysis, standards of measurement, top to bottom analysis and vendor share analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.

Primary Respondents

  • Demand Side: Automobile industry and Building and Construction Industry
  • Supply Side: Product Managers, Marketing Managers, C-Level Executives, Distributors, Market Intelligence, and Regulatory Affairs Managers among others.

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