Home Nucleus Chemical & Materials Asia-Pacific Methylene Diphenyl Diisocyanate (MDI), Toluene Diisocyanate (TDI) and Polyurethane Market to 2032

Asia-Pacific Methylene Diphenyl Diisocyanate (MDI), Toluene Diisocyanate (TDI) and Polyurethane Market to 2032

Overview

The Asia-Pacific Methylene Diphenyl Diisocyanate (MDI), Toluene Diisocyanate (TDI) and Polyurethane Market is expected to reach a 26,724.00 USD Billion by 2032 and is projected to grow at a CAGR of 8.21% from 2025 to 2032.

Revenue, 2024 (USD Billion)
16,348.15
Forecast, 2032 (USD Billion)
26,724.00
CAGR, 2024 - 2032
8.21%
Report Coverage
Asia-Pacific

Asia-Pacific Methylene Diphenyl Diisocyanate (MDI), Toluene Diisocyanate (TDI) and Polyurethane Market 2018-2032 USD Billion

Asia-Pacific Methylene Diphenyl Diisocyanate (MDI), Toluene Diisocyanate (TDI) and Polyurethane Market , Key Findings (2025-2032)

Market Growth and Projections:

  • Market Size (2024): 16,348.15 USD Billion
  • Projected Market Size (2032): 26,724.00 USD Billion
  • CAGR (2025-2032): 8.21%

Key Findings of Asia-Pacific Methylene Diphenyl Diisocyanate (MDI), Toluene Diisocyanate (TDI) and Polyurethane Market

  • The Asia-Pacific Methylene Diphenyl Diisocyanate (MDI), Toluene Diisocyanate (TDI) and Polyurethane Market was valued at 16,348.15 USD Billion in 2024.
  • The Asia-Pacific Methylene Diphenyl Diisocyanate (MDI), Toluene Diisocyanate (TDI) and Polyurethane Market is likely to grow at a CAGR of 8.21% during the forecast period of 2024 to 2032.
  • In 2024, the Largest segment Polyurethane Foam in Application Segment accounted for the largest share of the market with a revenue of 26,081.30 USD Billion
  • The fastest growing segment Furniture in End-User Segment grew Fastest with a CAGR of 8.89% during the forecast period from 2024 to 2032.

Asia-Pacific Methylene Diphenyl Diisocyanate (MDI), Toluene Diisocyanate (TDI) and Polyurethane Market Scope

Asia-Pacific Methylene Diphenyl Diisocyanate (MDI), Toluene Diisocyanate (TDI) and Polyurethane Market Segmentation & Scope
End-User
  • Packaging
  • Others
  • Healthcare
  • Industrial Machinery
  • Textiles
  • Footwear
  • Electrical and Electronics
  • Home Appliances
  • Building & Construction
  • Automotive
  • Furniture
Application
  • Polyurethane Coatings
  • Polyurethane Adhesives and Sealants
  • Polyurethane Elastomers
  • Others
  • Polyurethane Foam
Type
  • Toluene Diisocyanate (TDI)
  • Methylene Diphenyl Diisocyanate (MDI)
Raw Material
  • Others
  • Chlorine
  • Methanol
  • Nitric Acid
  • Toluene
  • Benzene
  • Natural Gas
  • Crude Oil

Asia-Pacific Methylene Diphenyl Diisocyanate (MDI), Toluene Diisocyanate (TDI) and Polyurethane Market Data Coverage Insights

Study Period 2024-2032
Base Year 2022
Unit Revenue in USD Billion
Market Value in 2024 16,348.15 USD Billion
Market Value in 2032 26,724.00 USD Billion
CAGR (2025-2032) 8.21%
Historic Data 2016-2023
Market Segments Covered End-User,Application,Type,Raw Material

Regional Insights:

  • Leading Market (2024-2032): Asia-Pacific, leading in terms of revenue 16,348.15 USD Billion in 2024
    • Key Country: China, leading in terms of revenue with value of 6,929.16 USD Billion in 2024.

Segments and Scope

  • Asia-Pacific Methylene Diphenyl Diisocyanate (MDI), Toluene Diisocyanate (TDI) and Polyurethane Market to 2032, By End-User
    • Furniture is the largest segment in Asia-Pacific Methylene Diphenyl Diisocyanate (MDI), Toluene Diisocyanate (TDI) and Polyurethane Market to 2032 with a revenue of 11,416.69 USD Billion in the year 2024.
    • Furniture is the Fastest growing segment in Asia-Pacific Methylene Diphenyl Diisocyanate (MDI), Toluene Diisocyanate (TDI) and Polyurethane Market to 2032 with a Growth rate of 8.89 % in forecast period 2025-2032.
  • Asia-Pacific Methylene Diphenyl Diisocyanate (MDI), Toluene Diisocyanate (TDI) and Polyurethane Market to 2032, By Application
    • Polyurethane Foam is the largest segment in Asia-Pacific Methylene Diphenyl Diisocyanate (MDI), Toluene Diisocyanate (TDI) and Polyurethane Market to 2032 with a revenue of 26,081.30 USD Billion in the year 2024.
    • Polyurethane Foam is the Fastest growing segment in Asia-Pacific Methylene Diphenyl Diisocyanate (MDI), Toluene Diisocyanate (TDI) and Polyurethane Market to 2032 with a Growth rate of 8.59 % in forecast period 2025-2032.
  • Asia-Pacific Methylene Diphenyl Diisocyanate (MDI), Toluene Diisocyanate (TDI) and Polyurethane Market to 2032, By Type
    • Methylene Diphenyl Diisocyanate (MDI) is the largest segment in Asia-Pacific Methylene Diphenyl Diisocyanate (MDI), Toluene Diisocyanate (TDI) and Polyurethane Market to 2032 with a revenue of 12,557.76 USD Billion in the year 2024.
    • Methylene Diphenyl Diisocyanate (MDI) is the Fastest growing segment in Asia-Pacific Methylene Diphenyl Diisocyanate (MDI), Toluene Diisocyanate (TDI) and Polyurethane Market to 2032 with a Growth rate of 8.59 % in forecast period 2025-2032.
  • Asia-Pacific Methylene Diphenyl Diisocyanate (MDI), Toluene Diisocyanate (TDI) and Polyurethane Market to 2032, By Raw Material
    • Crude Oil is the largest segment in Asia-Pacific Methylene Diphenyl Diisocyanate (MDI), Toluene Diisocyanate (TDI) and Polyurethane Market to 2032 with a revenue of 7,503.52 USD Billion in the year 2024.
    • Crude Oil is the Fastest growing segment in Asia-Pacific Methylene Diphenyl Diisocyanate (MDI), Toluene Diisocyanate (TDI) and Polyurethane Market to 2032 with a Growth rate of 8.79 % in forecast period 2025-2032.

Asia-Pacific Methylene Diphenyl Diisocyanate (MDI), Toluene Diisocyanate (TDI) and Polyurethane Market Company Share Analysis

 
Company Name Company Share Analysis
SABIC
Covestro AG
Dow
Huntsman International LLC
Shell
Asia-Pacific Methylene Diphenyl Diisocyanate (MDI), Toluene Diisocyanate (TDI) and Polyurethane Market Company Share Analysis

Asia-Pacific Methylene Diphenyl Diisocyanate (MDI), Toluene Diisocyanate (TDI) and Polyurethane Market Geographical Sales Distribution, 2018-2032 USD Billion

Asia-Pacific Methylene Diphenyl Diisocyanate (MDI), Toluene Diisocyanate (TDI) and Polyurethane Market Geographical Sales Distribution, 2018-2032 USD Billion

Asia-Pacific Methylene Diphenyl Diisocyanate (MDI), Toluene Diisocyanate (TDI) and Polyurethane Market Company Profiling

Asia-Pacific Methylene Diphenyl Diisocyanate (MDI), Toluene Diisocyanate (TDI) and Polyurethane Market Company Profiling

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Frequently Asked Questions
The Asia-Pacific Methylene Diphenyl Diisocyanate (MDI), Toluene Diisocyanate (TDI) and Polyurethane Market is segmented based on Segmentation End-User,Application,Type,Raw Material.
Asia-Pacific Methylene Diphenyl Diisocyanate (MDI), Toluene Diisocyanate (TDI) and Polyurethane Market was valued at USD 16,348.15(Revenue in USD Billion) in 2022.
Asia-Pacific Methylene Diphenyl Diisocyanate (MDI), Toluene Diisocyanate (TDI) and Polyurethane Market is projected to grow at a CAGR of 8.21% during the forecast period of 2024 to 2032.
The Polyurethane Foam segment is expected to dominate the Asia-Pacific Methylene Diphenyl Diisocyanate (MDI), Toluene Diisocyanate (TDI) and Polyurethane Market , holding a largest market share of 26,081.30 USD Billion in 2024

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Asia-Pacific Methylene Diphenyl Diisocyanate (MDI), Toluene Diisocyanate (TDI) and Polyurethane Market Scope

Asia-Pacific Methylene Diphenyl Diisocyanate (MDI), Toluene Diisocyanate (TDI) and Polyurethane Market Segmentation & Scope
End-User
  • Packaging
  • Others
  • Healthcare
  • Industrial Machinery
  • Textiles
  • Footwear
  • Electrical and Electronics
  • Home Appliances
  • Building & Construction
  • Automotive
  • Furniture
Application
  • Polyurethane Coatings
  • Polyurethane Adhesives and Sealants
  • Polyurethane Elastomers
  • Others
  • Polyurethane Foam
Type
  • Toluene Diisocyanate (TDI)
  • Methylene Diphenyl Diisocyanate (MDI)
Raw Material
  • Others
  • Chlorine
  • Methanol
  • Nitric Acid
  • Toluene
  • Benzene
  • Natural Gas
  • Crude Oil
Frequently Asked Questions
The Asia-Pacific Methylene Diphenyl Diisocyanate (MDI), Toluene Diisocyanate (TDI) and Polyurethane Market is segmented based on Segmentation End-User,Application,Type,Raw Material.
Asia-Pacific Methylene Diphenyl Diisocyanate (MDI), Toluene Diisocyanate (TDI) and Polyurethane Market was valued at USD 16,348.15(Revenue in USD Billion) in 2022.
Asia-Pacific Methylene Diphenyl Diisocyanate (MDI), Toluene Diisocyanate (TDI) and Polyurethane Market is projected to grow at a CAGR of 8.21% during the forecast period of 2024 to 2032.
The estimated market value of the Asia-Pacific Methylene Diphenyl Diisocyanate (MDI), Toluene Diisocyanate (TDI) and Polyurethane Market for final year is USD 26,724.00 (USD Billion).

Asia-Pacific Methylene Diphenyl Diisocyanate (MDI), Toluene Diisocyanate (TDI) and Polyurethane Market Company Profiling

Asia-Pacific Methylene Diphenyl Diisocyanate (MDI), Toluene Diisocyanate (TDI) and Polyurethane Market Company Profiling
Frequently Asked Questions
The Asia-Pacific Methylene Diphenyl Diisocyanate (MDI), Toluene Diisocyanate (TDI) and Polyurethane Market is segmented based on Segmentation End-User,Application,Type,Raw Material.
Asia-Pacific Methylene Diphenyl Diisocyanate (MDI), Toluene Diisocyanate (TDI) and Polyurethane Market was valued at USD 16,348.15(Revenue in USD Billion) in 2022.
Asia-Pacific Methylene Diphenyl Diisocyanate (MDI), Toluene Diisocyanate (TDI) and Polyurethane Market is projected to grow at a CAGR of 8.21% during the forecast period of 2024 to 2032.
The estimated market value of the Asia-Pacific Methylene Diphenyl Diisocyanate (MDI), Toluene Diisocyanate (TDI) and Polyurethane Market for final year is USD 26,724.00 (USD Billion).

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