Global MDI based Polyurethane Market Report : Trends, Forecast and Competitive Analysis 1

Industry Profiles Snapshot Major ParameterDescription Market Segments by Application Rigid foam, flexible foam, coating, adhesive and sealant and elastomer Market Segments by End Use Industry Building and construction, appliance, transportation, furniture and bedding, footwear, packing, general/ industrial engineering and others Market Segments by Region North America, Europe, Asia Pacific and Rest of the World. Market Segments by Country USA, Canada, Mexico, Germnay, UK, France, Italy, Spain, China, India, Japan, South Korea Top Companies Name Wanhua Chemical, BASF, Covestro, Huntsman, and DowDupont and others. Trend Growth Rate and CAGR4.0% Key Industry Forecast The global MDI based polyurethane market is expected to reach an estimated $22.9 billion by 2023 and it is forecast to grow at a CAGR of 4.0% from 2018 to 2023 Key Industry Driver Driver: Increasing demand for higher thermal insulating materials in building and construction, home appliances, and transportation sectors. 2

Industry Overview Market Size The global MDI based polyurethane market is expected to reach an estimated $22.9 billion by 2023 and it is forecast to grow at a CAGR of 4.0% from 2018 to Emerging trends, which have a direct impact on the dynamics of the MDI based polyurethane industry, include the development of high flame retardant PU foam and biobased MDI. Market Size (2023)$22.9 billion CAGR ( )4.0% 3 Industry Performance : Forecast