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

Canada Methylene Diphenyl Diisocyanate (MDI), Toluene Diisocyanate (TDI) and Polyurethane Market to 2032

Overview

The Canada Methylene Diphenyl Diisocyanate (MDI), Toluene Diisocyanate (TDI) and Polyurethane Market is expected to reach a 1,711.89 USD Billion by 2032 and is projected to grow at a CAGR of 5.39% from 2025 to 2032.

Revenue, 2024 (USD Billion)
1,233.98
Forecast, 2032 (USD Billion)
1,711.89
CAGR, 2024 - 2032
5.39%
Report Coverage
Canada

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

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

Market Growth and Projections:

  • Market Size (2024): 1,233.98 USD Billion
  • Projected Market Size (2032): 1,711.89 USD Billion
  • CAGR (2025-2032): 5.39%

Key Findings of Canada Methylene Diphenyl Diisocyanate (MDI), Toluene Diisocyanate (TDI) and Polyurethane Market

  • The Canada Methylene Diphenyl Diisocyanate (MDI), Toluene Diisocyanate (TDI) and Polyurethane Market was valued at 1,233.98 USD Billion in 2024.
  • The Canada Methylene Diphenyl Diisocyanate (MDI), Toluene Diisocyanate (TDI) and Polyurethane Market is likely to grow at a CAGR of 5.39% 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 1,982.04 USD Billion
  • The fastest growing segment Furniture in End-User Segment grew Fastest with a CAGR of 6.06% during the forecast period from 2024 to 2032.

Canada Methylene Diphenyl Diisocyanate (MDI), Toluene Diisocyanate (TDI) and Polyurethane Market Scope

Canada 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
Raw Material
  • Others
  • Chlorine
  • Methanol
  • Nitric Acid
  • Toluene
  • Benzene
  • Natural Gas
  • Crude Oil
Type
  • Toluene Diisocyanate (TDI)
  • Methylene Diphenyl Diisocyanate (MDI)

Canada 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 1,233.98 USD Billion
Market Value in 2032 1,711.89 USD Billion
CAGR (2025-2032) 5.39%
Historic Data 2016-2023
Market Segments Covered End-User,Application,Raw Material,Type

Regional Insights:

  • Leading Market (2024-2032): Canada, leading in terms of revenue 1,233.98 USD Billion in 2024
    • Key Country: Canada, leading in terms of revenue with value of 1,233.98 USD Billion in 2024.

Segments and Scope

  • Canada Methylene Diphenyl Diisocyanate (MDI), Toluene Diisocyanate (TDI) and Polyurethane Market to 2032, By End-User
    • Furniture is the largest segment in Canada Methylene Diphenyl Diisocyanate (MDI), Toluene Diisocyanate (TDI) and Polyurethane Market to 2032 with a revenue of 858.37 USD Billion in the year 2024.
    • Furniture is the Fastest growing segment in Canada Methylene Diphenyl Diisocyanate (MDI), Toluene Diisocyanate (TDI) and Polyurethane Market to 2032 with a Growth rate of 6.06 % in forecast period 2025-2032.
  • Canada Methylene Diphenyl Diisocyanate (MDI), Toluene Diisocyanate (TDI) and Polyurethane Market to 2032, By Application
    • Polyurethane Foam is the largest segment in Canada Methylene Diphenyl Diisocyanate (MDI), Toluene Diisocyanate (TDI) and Polyurethane Market to 2032 with a revenue of 1,982.04 USD Billion in the year 2024.
    • Polyurethane Foam is the Fastest growing segment in Canada Methylene Diphenyl Diisocyanate (MDI), Toluene Diisocyanate (TDI) and Polyurethane Market to 2032 with a Growth rate of 5.76 % in forecast period 2025-2032.
  • Canada Methylene Diphenyl Diisocyanate (MDI), Toluene Diisocyanate (TDI) and Polyurethane Market to 2032, By Raw Material
    • Crude Oil is the largest segment in Canada Methylene Diphenyl Diisocyanate (MDI), Toluene Diisocyanate (TDI) and Polyurethane Market to 2032 with a revenue of 536.86 USD Billion in the year 2024.
    • Crude Oil is the Fastest growing segment in Canada Methylene Diphenyl Diisocyanate (MDI), Toluene Diisocyanate (TDI) and Polyurethane Market to 2032 with a Growth rate of 5.94 % in forecast period 2025-2032.
  • Canada Methylene Diphenyl Diisocyanate (MDI), Toluene Diisocyanate (TDI) and Polyurethane Market to 2032, By Type
    • Methylene Diphenyl Diisocyanate (MDI) is the largest segment in Canada Methylene Diphenyl Diisocyanate (MDI), Toluene Diisocyanate (TDI) and Polyurethane Market to 2032 with a revenue of 947.92 USD Billion in the year 2024.
    • Methylene Diphenyl Diisocyanate (MDI) is the Fastest growing segment in Canada Methylene Diphenyl Diisocyanate (MDI), Toluene Diisocyanate (TDI) and Polyurethane Market to 2032 with a Growth rate of 5.78 % in forecast period 2025-2032.

Canada 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
Canada Methylene Diphenyl Diisocyanate (MDI), Toluene Diisocyanate (TDI) and Polyurethane Market Company Share Analysis

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

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

Canada Methylene Diphenyl Diisocyanate (MDI), Toluene Diisocyanate (TDI) and Polyurethane Market Company Profiling

Canada Methylene Diphenyl Diisocyanate (MDI), Toluene Diisocyanate (TDI) and Polyurethane Market Company Profiling

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Frequently Asked Questions
The Canada Methylene Diphenyl Diisocyanate (MDI), Toluene Diisocyanate (TDI) and Polyurethane Market is segmented based on Segmentation End-User,Application,Raw Material,Type.
Canada Methylene Diphenyl Diisocyanate (MDI), Toluene Diisocyanate (TDI) and Polyurethane Market was valued at USD 1,233.98(Revenue in USD Billion) in 2022.
Canada Methylene Diphenyl Diisocyanate (MDI), Toluene Diisocyanate (TDI) and Polyurethane Market is projected to grow at a CAGR of 5.39% during the forecast period of 2024 to 2032.
The Polyurethane Foam segment is expected to dominate the Canada Methylene Diphenyl Diisocyanate (MDI), Toluene Diisocyanate (TDI) and Polyurethane Market , holding a largest market share of 1,982.04 USD Billion in 2024

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Canada Methylene Diphenyl Diisocyanate (MDI), Toluene Diisocyanate (TDI) and Polyurethane Market Scope

Canada 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
Raw Material
  • Others
  • Chlorine
  • Methanol
  • Nitric Acid
  • Toluene
  • Benzene
  • Natural Gas
  • Crude Oil
Type
  • Toluene Diisocyanate (TDI)
  • Methylene Diphenyl Diisocyanate (MDI)
Frequently Asked Questions
The Canada Methylene Diphenyl Diisocyanate (MDI), Toluene Diisocyanate (TDI) and Polyurethane Market is segmented based on Segmentation End-User,Application,Raw Material,Type.
Canada Methylene Diphenyl Diisocyanate (MDI), Toluene Diisocyanate (TDI) and Polyurethane Market was valued at USD 1,233.98(Revenue in USD Billion) in 2022.
Canada Methylene Diphenyl Diisocyanate (MDI), Toluene Diisocyanate (TDI) and Polyurethane Market is projected to grow at a CAGR of 5.39% during the forecast period of 2024 to 2032.
The estimated market value of the Canada Methylene Diphenyl Diisocyanate (MDI), Toluene Diisocyanate (TDI) and Polyurethane Market for final year is USD 1,711.89 (USD Billion).

Canada Methylene Diphenyl Diisocyanate (MDI), Toluene Diisocyanate (TDI) and Polyurethane Market Company Profiling

Canada Methylene Diphenyl Diisocyanate (MDI), Toluene Diisocyanate (TDI) and Polyurethane Market Company Profiling
Frequently Asked Questions
The Canada Methylene Diphenyl Diisocyanate (MDI), Toluene Diisocyanate (TDI) and Polyurethane Market is segmented based on Segmentation End-User,Application,Raw Material,Type.
Canada Methylene Diphenyl Diisocyanate (MDI), Toluene Diisocyanate (TDI) and Polyurethane Market was valued at USD 1,233.98(Revenue in USD Billion) in 2022.
Canada Methylene Diphenyl Diisocyanate (MDI), Toluene Diisocyanate (TDI) and Polyurethane Market is projected to grow at a CAGR of 5.39% during the forecast period of 2024 to 2032.
The estimated market value of the Canada Methylene Diphenyl Diisocyanate (MDI), Toluene Diisocyanate (TDI) and Polyurethane Market for final year is USD 1,711.89 (USD Billion).

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