India Methylene Diphenyl Diisocyanate (MDI), Toluene Diisocyanate (TDI) and Polyurethane Market to 2032
Overview
The India Methylene Diphenyl Diisocyanate (MDI), Toluene Diisocyanate (TDI) and Polyurethane Market is expected to reach a 4,205.68 USD Billion by 2032 and is projected to grow at a CAGR of 9.04% from 2025 to 2032.
Revenue, 2024 (USD Billion)
2,452.56
Forecast, 2032 (USD Billion)
4,205.68
CAGR, 2024 - 2032
9.04%
Report Coverage
India
India Methylene Diphenyl Diisocyanate (MDI), Toluene Diisocyanate (TDI) and Polyurethane Market 2018-2032 USD Billion
India Methylene Diphenyl Diisocyanate (MDI), Toluene Diisocyanate (TDI) and Polyurethane Market , Key Findings (2025-2032)
Market Growth and Projections:
- Market Size (2024): 2,452.56 USD Billion
- Projected Market Size (2032): 4,205.68 USD Billion
- CAGR (2025-2032): 9.04%
Key Findings of India Methylene Diphenyl Diisocyanate (MDI), Toluene Diisocyanate (TDI) and Polyurethane Market
- The India Methylene Diphenyl Diisocyanate (MDI), Toluene Diisocyanate (TDI) and Polyurethane Market was valued at 4,205.68 USD Billion in 2024.
- The India Methylene Diphenyl Diisocyanate (MDI), Toluene Diisocyanate (TDI) and Polyurethane Market is likely to grow at a CAGR of 9.04% 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 3,925.83 USD Billion
- The fastest growing segment Furniture in End-User Segment grew Fastest with a CAGR of 9.81% during the forecast period from 2024 to 2032.
India Methylene Diphenyl Diisocyanate (MDI), Toluene Diisocyanate (TDI) and Polyurethane Market Scope
India Methylene Diphenyl Diisocyanate (MDI), Toluene Diisocyanate (TDI) and Polyurethane Market Segmentation & Scope
Type
- Toluene Diisocyanate (TDI)
- Methylene Diphenyl Diisocyanate (MDI)
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
End-User
- Packaging
- Others
- Healthcare
- Industrial Machinery
- Textiles
- Footwear
- Electrical and Electronics
- Home Appliances
- Building & Construction
- Automotive
- Furniture
India 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 | 2,452.56 USD Billion |
| Market Value in 2032 | 4,205.68 USD Billion |
| CAGR (2025-2032) | 9.04% |
| Historic Data | 2016-2023 |
| Market Segments Covered | Type,Application,Raw Material,End-User |
Regional Insights:
-
Leading Market (2024-2032): India, leading in terms of revenue 2,452.56 USD Billion in 2024
- Key Country: India, leading in terms of revenue with value of 2,452.56 USD Billion in 2024.
Segments and Scope
-
India Methylene Diphenyl Diisocyanate (MDI), Toluene Diisocyanate (TDI) and Polyurethane Market to 2032, By Type
- Methylene Diphenyl Diisocyanate (MDI) is the largest segment in India Methylene Diphenyl Diisocyanate (MDI), Toluene Diisocyanate (TDI) and Polyurethane Market to 2032 with a revenue of 1,891.80 USD Billion in the year 2024.
- Methylene Diphenyl Diisocyanate (MDI) is the Fastest growing segment in India Methylene Diphenyl Diisocyanate (MDI), Toluene Diisocyanate (TDI) and Polyurethane Market to 2032 with a Growth rate of 9.42 % in forecast period 2025-2032.
-
India Methylene Diphenyl Diisocyanate (MDI), Toluene Diisocyanate (TDI) and Polyurethane Market to 2032, By Application
- Polyurethane Foam is the largest segment in India Methylene Diphenyl Diisocyanate (MDI), Toluene Diisocyanate (TDI) and Polyurethane Market to 2032 with a revenue of 3,925.83 USD Billion in the year 2024.
- Polyurethane Foam is the Fastest growing segment in India Methylene Diphenyl Diisocyanate (MDI), Toluene Diisocyanate (TDI) and Polyurethane Market to 2032 with a Growth rate of 9.40 % in forecast period 2025-2032.
-
India Methylene Diphenyl Diisocyanate (MDI), Toluene Diisocyanate (TDI) and Polyurethane Market to 2032, By Raw Material
- Crude Oil is the largest segment in India Methylene Diphenyl Diisocyanate (MDI), Toluene Diisocyanate (TDI) and Polyurethane Market to 2032 with a revenue of 1,161.68 USD Billion in the year 2024.
- Crude Oil is the Fastest growing segment in India Methylene Diphenyl Diisocyanate (MDI), Toluene Diisocyanate (TDI) and Polyurethane Market to 2032 with a Growth rate of 9.54 % in forecast period 2025-2032.
-
India Methylene Diphenyl Diisocyanate (MDI), Toluene Diisocyanate (TDI) and Polyurethane Market to 2032, By End-User
- Furniture is the largest segment in India Methylene Diphenyl Diisocyanate (MDI), Toluene Diisocyanate (TDI) and Polyurethane Market to 2032 with a revenue of 1,714.66 USD Billion in the year 2024.
- Furniture is the Fastest growing segment in India Methylene Diphenyl Diisocyanate (MDI), Toluene Diisocyanate (TDI) and Polyurethane Market to 2032 with a Growth rate of 9.81 % in forecast period 2025-2032.
India Methylene Diphenyl Diisocyanate (MDI), Toluene Diisocyanate (TDI) and Polyurethane Market Company Share Analysis
| Company Name |
|
||
| SABIC | |||
| Covestro AG | |||
| Dow | |||
| Huntsman International LLC | |||
| Shell | |||
India Methylene Diphenyl Diisocyanate (MDI), Toluene Diisocyanate (TDI) and Polyurethane Market Geographical Sales Distribution, 2018-2032 USD Billion
India Methylene Diphenyl Diisocyanate (MDI), Toluene Diisocyanate (TDI) and Polyurethane Market Company Profiling
Industry Related Reports
Frequently Asked Questions
The India Methylene Diphenyl Diisocyanate (MDI), Toluene Diisocyanate (TDI) and Polyurethane Market is segmented based on Segmentation Type,Application,Raw Material,End-User.
India Methylene Diphenyl Diisocyanate (MDI), Toluene Diisocyanate (TDI) and Polyurethane Market was valued at USD 2,452.56(Revenue in USD Billion) in 2022.
India Methylene Diphenyl Diisocyanate (MDI), Toluene Diisocyanate (TDI) and Polyurethane Market is projected to grow at a CAGR of 9.04% during the forecast period of 2024 to 2032.
The Polyurethane Foam segment is expected to dominate the India Methylene Diphenyl Diisocyanate (MDI), Toluene Diisocyanate (TDI) and Polyurethane Market , holding a largest market share of 3,925.83 USD Billion in 2024
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India Methylene Diphenyl Diisocyanate (MDI), Toluene Diisocyanate (TDI) and Polyurethane Market Scope
India Methylene Diphenyl Diisocyanate (MDI), Toluene Diisocyanate (TDI) and Polyurethane Market Segmentation & Scope
Type
- Toluene Diisocyanate (TDI)
- Methylene Diphenyl Diisocyanate (MDI)
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
End-User
- Packaging
- Others
- Healthcare
- Industrial Machinery
- Textiles
- Footwear
- Electrical and Electronics
- Home Appliances
- Building & Construction
- Automotive
- Furniture
Frequently Asked Questions
The India Methylene Diphenyl Diisocyanate (MDI), Toluene Diisocyanate (TDI) and Polyurethane Market is segmented based on Segmentation Type,Application,Raw Material,End-User.
India Methylene Diphenyl Diisocyanate (MDI), Toluene Diisocyanate (TDI) and Polyurethane Market was valued at USD 2,452.56(Revenue in USD Billion) in 2022.
India Methylene Diphenyl Diisocyanate (MDI), Toluene Diisocyanate (TDI) and Polyurethane Market is projected to grow at a CAGR of 9.04% during the forecast period of 2024 to 2032.
The estimated market value of the India Methylene Diphenyl Diisocyanate (MDI), Toluene Diisocyanate (TDI) and Polyurethane Market for final year is USD 4,205.68 (USD Billion).
India Methylene Diphenyl Diisocyanate (MDI), Toluene Diisocyanate (TDI) and Polyurethane Market Company Profiling
Frequently Asked Questions
The India Methylene Diphenyl Diisocyanate (MDI), Toluene Diisocyanate (TDI) and Polyurethane Market is segmented based on Segmentation Type,Application,Raw Material,End-User.
India Methylene Diphenyl Diisocyanate (MDI), Toluene Diisocyanate (TDI) and Polyurethane Market was valued at USD 2,452.56(Revenue in USD Billion) in 2022.
India Methylene Diphenyl Diisocyanate (MDI), Toluene Diisocyanate (TDI) and Polyurethane Market is projected to grow at a CAGR of 9.04% during the forecast period of 2024 to 2032.
The estimated market value of the India Methylene Diphenyl Diisocyanate (MDI), Toluene Diisocyanate (TDI) and Polyurethane Market for final year is USD 4,205.68 (USD Billion).
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