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

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

Overview

The South Korea Methylene Diphenyl Diisocyanate (MDI), Toluene Diisocyanate (TDI) and Polyurethane Market is expected to reach a 1,840.14 USD Billion by 2032 and is projected to grow at a CAGR of 7.79% from 2025 to 2032.

Revenue, 2024 (USD Billion)
1,153.07
Forecast, 2032 (USD Billion)
1,840.14
CAGR, 2024 - 2032
7.79%
Report Coverage
South Korea

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

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

Market Growth and Projections:

  • Market Size (2024): 1,153.07 USD Billion
  • Projected Market Size (2032): 1,840.14 USD Billion
  • CAGR (2025-2032): 7.79%

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

  • The South Korea Methylene Diphenyl Diisocyanate (MDI), Toluene Diisocyanate (TDI) and Polyurethane Market was valued at 1,153.07 USD Billion in 2024.
  • The South Korea Methylene Diphenyl Diisocyanate (MDI), Toluene Diisocyanate (TDI) and Polyurethane Market is likely to grow at a CAGR of 7.79% 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 1,847.21 USD Billion
  • The fastest growing segment Crude Oil in Raw Material Segment grew Fastest with a CAGR of 8.53% during the forecast period from 2024 to 2032.

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

South Korea 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
Raw Material
  • Others
  • Chlorine
  • Methanol
  • Nitric Acid
  • Toluene
  • Benzene
  • Natural Gas
  • Crude Oil
Type
  • Toluene Diisocyanate (TDI)
  • Methylene Diphenyl Diisocyanate (MDI)
Application
  • Polyurethane Coatings
  • Polyurethane Adhesives and Sealants
  • Polyurethane Elastomers
  • Others
  • Polyurethane Foam

South Korea 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 1,153.07 USD Billion
Market Value in 2032 1,840.14 USD Billion
CAGR (2025-2032) 7.79%
Historic Data 2016-2023
Market Segments Covered End-User,Raw Material,Type,Application

Regional Insights:

  • Leading Market (2024-2032): South Korea, leading in terms of revenue 1,153.07 USD Billion in 2024
    • Key Country: South Korea, leading in terms of revenue with value of 1,153.07 USD Billion in 2024.

Segments and Scope

  • South Korea Methylene Diphenyl Diisocyanate (MDI), Toluene Diisocyanate (TDI) and Polyurethane Market to 2032, By End-User
    • Furniture is the largest segment in South Korea Methylene Diphenyl Diisocyanate (MDI), Toluene Diisocyanate (TDI) and Polyurethane Market to 2032 with a revenue of 802.46 USD Billion in the year 2024.
    • Furniture is the Fastest growing segment in South Korea Methylene Diphenyl Diisocyanate (MDI), Toluene Diisocyanate (TDI) and Polyurethane Market to 2032 with a Growth rate of 8.38 % in forecast period 2025-2032.
  • South Korea Methylene Diphenyl Diisocyanate (MDI), Toluene Diisocyanate (TDI) and Polyurethane Market to 2032, By Raw Material
    • Crude Oil is the largest segment in South Korea Methylene Diphenyl Diisocyanate (MDI), Toluene Diisocyanate (TDI) and Polyurethane Market to 2032 with a revenue of 550.98 USD Billion in the year 2024.
    • Crude Oil is the Fastest growing segment in South Korea Methylene Diphenyl Diisocyanate (MDI), Toluene Diisocyanate (TDI) and Polyurethane Market to 2032 with a Growth rate of 8.53 % in forecast period 2025-2032.
  • South Korea Methylene Diphenyl Diisocyanate (MDI), Toluene Diisocyanate (TDI) and Polyurethane Market to 2032, By Type
    • Methylene Diphenyl Diisocyanate (MDI) is the largest segment in South Korea Methylene Diphenyl Diisocyanate (MDI), Toluene Diisocyanate (TDI) and Polyurethane Market to 2032 with a revenue of 886.35 USD Billion in the year 2024.
    • Methylene Diphenyl Diisocyanate (MDI) is the Fastest growing segment in South Korea Methylene Diphenyl Diisocyanate (MDI), Toluene Diisocyanate (TDI) and Polyurethane Market to 2032 with a Growth rate of 8.16 % in forecast period 2025-2032.
  • South Korea Methylene Diphenyl Diisocyanate (MDI), Toluene Diisocyanate (TDI) and Polyurethane Market to 2032, By Application
    • Polyurethane Foam is the largest segment in South Korea Methylene Diphenyl Diisocyanate (MDI), Toluene Diisocyanate (TDI) and Polyurethane Market to 2032 with a revenue of 1,847.21 USD Billion in the year 2024.
    • Polyurethane Foam is the Fastest growing segment in South Korea Methylene Diphenyl Diisocyanate (MDI), Toluene Diisocyanate (TDI) and Polyurethane Market to 2032 with a Growth rate of 8.15 % in forecast period 2025-2032.

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

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

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

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

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

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Frequently Asked Questions
The South Korea Methylene Diphenyl Diisocyanate (MDI), Toluene Diisocyanate (TDI) and Polyurethane Market is segmented based on Segmentation End-User,Raw Material,Type,Application.
South Korea Methylene Diphenyl Diisocyanate (MDI), Toluene Diisocyanate (TDI) and Polyurethane Market was valued at USD 1,153.07(Revenue in USD Billion) in 2022.
South Korea Methylene Diphenyl Diisocyanate (MDI), Toluene Diisocyanate (TDI) and Polyurethane Market is projected to grow at a CAGR of 7.79% during the forecast period of 2024 to 2032.
The Polyurethane Foam segment is expected to dominate the South Korea Methylene Diphenyl Diisocyanate (MDI), Toluene Diisocyanate (TDI) and Polyurethane Market , holding a largest market share of 1,847.21 USD Billion in 2024

Coming Soon....

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

South Korea 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
Raw Material
  • Others
  • Chlorine
  • Methanol
  • Nitric Acid
  • Toluene
  • Benzene
  • Natural Gas
  • Crude Oil
Type
  • Toluene Diisocyanate (TDI)
  • Methylene Diphenyl Diisocyanate (MDI)
Application
  • Polyurethane Coatings
  • Polyurethane Adhesives and Sealants
  • Polyurethane Elastomers
  • Others
  • Polyurethane Foam
Frequently Asked Questions
The South Korea Methylene Diphenyl Diisocyanate (MDI), Toluene Diisocyanate (TDI) and Polyurethane Market is segmented based on Segmentation End-User,Raw Material,Type,Application.
South Korea Methylene Diphenyl Diisocyanate (MDI), Toluene Diisocyanate (TDI) and Polyurethane Market was valued at USD 1,153.07(Revenue in USD Billion) in 2022.
South Korea Methylene Diphenyl Diisocyanate (MDI), Toluene Diisocyanate (TDI) and Polyurethane Market is projected to grow at a CAGR of 7.79% during the forecast period of 2024 to 2032.
The estimated market value of the South Korea Methylene Diphenyl Diisocyanate (MDI), Toluene Diisocyanate (TDI) and Polyurethane Market for final year is USD 1,840.14 (USD Billion).

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

South Korea Methylene Diphenyl Diisocyanate (MDI), Toluene Diisocyanate (TDI) and Polyurethane Market Company Profiling
Frequently Asked Questions
The South Korea Methylene Diphenyl Diisocyanate (MDI), Toluene Diisocyanate (TDI) and Polyurethane Market is segmented based on Segmentation End-User,Raw Material,Type,Application.
South Korea Methylene Diphenyl Diisocyanate (MDI), Toluene Diisocyanate (TDI) and Polyurethane Market was valued at USD 1,153.07(Revenue in USD Billion) in 2022.
South Korea Methylene Diphenyl Diisocyanate (MDI), Toluene Diisocyanate (TDI) and Polyurethane Market is projected to grow at a CAGR of 7.79% during the forecast period of 2024 to 2032.
The estimated market value of the South Korea Methylene Diphenyl Diisocyanate (MDI), Toluene Diisocyanate (TDI) and Polyurethane Market for final year is USD 1,840.14 (USD Billion).

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