Table of Content
1 INTRODUCTION 40
1.1 OBJECTIVES OF THE STUDY 40
1.2 MARKET DEFINITION 40
1.2.1 MDI, TDI, AND POLYURETHANE MARKET: INCLUSIONS & EXCLUSIONS 41
1.2.2 MDI, TDI, AND POLYURETHANE: MARKET DEFINITION AND INCLUSIONS,
BY APPLICATION 41
1.2.3 MDI, TDI, AND POLYURETHANE: MARKET DEFINITION AND INCLUSIONS,
BY END-USE INDUSTRY 42
1.3 MARKET SCOPE 42
1.3.1 REGIONS COVERED 43
1.3.2 YEARS CONSIDERED FOR THE STUDY 43
1.4 CURRENCY 44
1.5 UNIT CONSIDERED 44
1.6 STAKEHOLDERS 44
1.7 SUMMARY OF CHANGES 45
2 RESEARCH METHODOLOGY 46
2.1 BASE NUMBER CALCULATION 46
2.1.1 SUPPLY-SIDE APPROACH 46
2.1.2 DEMAND-SIDE APPROACH 46
2.2 FORECAST NUMBER CALCULATION 47
2.2.1 SUPPLY SIDE 47
2.2.2 DEMAND SIDE 47
2.3 RESEARCH DATA 48
2.3.1 SECONDARY DATA 48
2.3.2 PRIMARY DATA 48
2.3.2.1 Primary interviews – demand and supply-side 48
2.3.2.2 Breakdown of primary interviews 49
2.3.2.3 Key industry insights 49
2.4 MARKET SIZE ESTIMATION 49
2.4.1 BOTTOM-UP APPROACH 50
FIGURE 1 MDI, TDI, AND POLYURETHANE MARKET: BOTTOM-UP APPROACH 50
2.4.2 TOP-DOWN APPROACH 50
FIGURE 2 MDI, TDI, AND POLYURETHANE MARKET: TOP-DOWN APPROACH 50
2.5 DATA TRIANGULATION 51
FIGURE 3 MDI, TDI, AND POLYURETHANE MARKET: DATA TRIANGULATION 51
2.6 FACTOR ANALYSIS 52
2.7 ASSUMPTIONS 52
2.8 LIMITATIONS & RISKS ASSOCIATED WITH MDI, TDI, AND POLYURETHANE MARKET 52
3 EXECUTIVE SUMMARY 53
FIGURE 4 ELECTRONICS & APPLIANCES TO BE THE FASTEST-GROWING INDUSTRY
FOR THE POLYURETHANE MARKET DURING THE FORECAST PERIOD 54
FIGURE 5 FLEXIBLE FOAM TO BE THE LARGEST APPLICATION OF MDI, TDI, AND POLYURETHANE 54
FIGURE 6 APAC ACCOUNTED FOR THE LARGEST SHARE OF MDI, TDI, AND POLYURETHANE MARKET IN 2020 55
4 PREMIUM INSIGHTS 56
4.1 ATTRACTIVE OPPORTUNITIES IN THE MDI, TDI, AND POLYURETHANE MARKET 56
FIGURE 7 MDI, TDI, AND POLYURETHANE MARKET TO REGISTER MODERATE GROWTH DURING THE FORECAST PERIOD 56
4.2 APAC: MDI, TDI, AND POLYURETHANE MARKET, BY APPLICATION AND COUNTRY 56
FIGURE 8 CHINA LED THE APAC MDI, TDI, AND POLYURETHANE MARKET IN 2020 56
4.3 MDI, TDI, AND POLYURETHANE MARKET, BY REGION 57
FIGURE 9 APAC TO BE FASTEST-GROWING MARKET BETWEEN 2021 AND 2026 57
4.4 MDI, TDI, AND POLYURETHANE MARKET, REGION VS APPLICATION 57
FIGURE 10 RIGID FOAM ACCOUNTED FOR THE LARGEST SHARE IN MOST OF
THE REGIONS IN 2020 57
4.5 MDI, TDI, AND POLYURETHANE MARKET ATTRACTIVENESS 58
FIGURE 11 INDIA TO BE THE FASTEST-GROWING MARKET BETWEEN 2021 AND 2026 58
5 MARKET OVERVIEW 59
5.1 INTRODUCTION 59
5.2 MDI, TDI, AND POLYURETHANE MARKET DYNAMICS 59
FIGURE 12 DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES IN THE
MDI, TDI, AND POLYURETHANE MARKET 59
5.2.1 DRIVERS 60
5.2.1.1 Growth in end-use industries 60
5.2.1.2 Compliance with energy regulations 60
5.2.1.3 Environment sustainability needs 61
5.2.1.4 Versatility and unique properties 61
5.2.2 RESTRAINTS 61
5.2.2.1 Toxicity and environmental concerns 61
5.2.2.2 Stringent regulations by the governing bodies 61
5.2.2.3 Eco-friendly substitutes 62
5.2.3 OPPORTUNITIES 62
5.2.3.1 Phosgene-free MDI production 62
5.2.3.2 Increasing demand for bio-based polyurethane 62
5.2.4 CHALLENGES 62
5.2.4.1 Fluctuation in the prices due to high cost of raw materials
and logistics 62
5.3 PORTER’S FIVE FORCES ANALYSIS 63
FIGURE 13 PORTER’S FIVE FORCES ANALYSIS 63
5.3.1 THREAT OF SUBSTITUTES 63
5.3.2 THREAT OF NEW ENTRANTS 64
5.3.3 BARGAINING POWER OF SUPPLIERS 64
5.3.4 BARGAINING POWER OF BUYERS 64
5.3.5 INTENSITY OF COMPETITIVE RIVALRY 65
TABLE 1 MDI, TDI AND POLYURETHANE MARKET: PORTER’S FIVE FORCES ANALYSIS 65
5.4 MACROECONOMIC INDICATORS 65
5.4.1 GDP TRENDS AND FORECAST OF MAJOR ECONOMIES 66
TABLE 2 TRENDS AND FORECAST OF REAL GDP, BY MAJOR ECONOMY, ANNUAL PERCENTAGE CHANGE, 2019–2026 66
5.5 COVID-19 IMPACT 67
5.5.1 INTRODUCTION 67
5.5.2 COVID-19 HEALTH ASSESSMENT 67
FIGURE 14 COUNTRY-WISE SPREAD OF COVID-19 68
5.5.3 COVID-19 ECONOMIC ASSESSMENT 69
FIGURE 15 REVISED GDP FORECASTS FOR SELECT G20 COUNTRIES IN 2021 69
5.5.3.1 COVID-19 Impact on the Economy?Scenario Assessment 70
FIGURE 16 FACTORS IMPACTING THE GLOBAL ECONOMY 70
FIGURE 17 SCENARIOS OF COVID-19 IMPACT 71
5.6 IMPACT OF COVID-19: CUSTOMER ANALYSIS 72
6 INDUSTRY TRENDS 73
6.1 SUPPLY CHAIN ANALYSIS 73
FIGURE 18 MDI, TDI, AND POLYURETHANE MARKET: SUPPLY CHAIN 73
6.1.1 RAW MATERIALS & PRODUCTION 73
6.1.2 PROCESSING 73
6.1.3 DISTRIBUTION 74
6.1.4 END-USE INDUSTRIES 74
TABLE 3 MDI, TDI AND POLYURETHANE MARKET: SUPPLY CHAIN 74
6.2 TECHNOLOGICAL ANALYSIS 75
6.3 MDI, TDI, AND POLYURETHANE MARKET: REALISTIC, PESSIMISTIC, OPTIMISTIC,
AND NON-COVID-19 SCENARIO 77
FIGURE 19 MARKET SIZE UNDER REALISTIC, PESSIMISTIC, OPTIMISTIC, AND NON-COVID-19 SCENARIO 77
6.3.1 NON-COVID-19 SCENARIO 77
6.3.2 OPTIMISTIC SCENARIO 77
6.3.3 PESSIMISTIC SCENARIO 77
6.3.4 REALISTIC SCENARIO 77
6.4 SHIFT IN REVENUE STREAMS DUE TO MEGATRENDS IN END-USE INDUSTRIES 78
FIGURE 20 MDI, TDI, AND POLYURETHANE MARKET: CHANGING REVENUE MIX 78
6.5 CONNECTED MARKETS: ECOSYSTEM 79
FIGURE 21 MDI, TDI, AND POLYURETHANE MARKET: ECOSYSTEM 79
6.6 CASE STUDIES 79
6.7 TRADE DATA STATISTICS 80
FIGURE 22 POLYURETHANE IMPORT, BY KEY COUNTRIES (2012-2019) 80
FIGURE 23 POLYURETHANE EXPORT, BY KEY COUNTRIES, (2012-2019) 81
TABLE 4 IMPORT OF POLYURETHANE, BY REGION, 2012-2019 (USD BILLION) 81
TABLE 5 EXPORT OF POLYURETHANE, BY REGION, 2012-2019 (USD BILLION) 81
6.8 AVERAGE SELLING PRICE 82
TABLE 6 AVERAGE SELLING PRICES OF MDI, TDI AND POLYURETHANE,
BY REGION (USD 000’/KG) 82
6.9 REGULATORY LANDSCAPE 82
6.9.1 REGULATIONS RELATED TO MDI, TDI, AND POLYURETHANE 82
6.10 PATENT ANALYSIS 83
6.10.1 APPROACH 83
6.10.2 DOCUMENT TYPE 83
TABLE 7 GRANTED PATENTS ARE 31% OF THE TOTAL COUNT IN THE LAST 11 YEARS. 84
FIGURE 24 PATENTS REGISTERED FOR MDI, TDI, AND POLYURETHANES, 2010–2020 84
FIGURE 25 PATENT PUBLICATION TRENDS FOR MDI, TDI, AND POLYURETHANES,
2010–2020 84
6.10.3 JURISDICTION ANALYSIS 85
FIGURE 26 MAXIMUM PATENTS FILED BY COMPANIES IN THE US 85
6.10.4 TOP APPLICANTS 85
FIGURE 27 DOW GLOBAL TECHNOLOGIES LLC REGISTERED MAXIMUM NUMBER
OF PATENTS BETWEEN 2010 AND 2020 85
7 MDI, TDI, AND POLYURETHANE MARKET, BY APPLICATION 90
7.1 INTRODUCTION 91
FIGURE 28 RIGID FOAMS APPLICATION TO GROW AT THE HIGHEST CAGR DURING
THE FORECAST PERIOD 91
TABLE 8 MDI, TDI, AND POLYURETHANE MARKET SIZE, BY APPLICATION,
2016–2019 (USD MILLION) 91
TABLE 9 MDI, TDI, AND POLYURETHANE MARKET SIZE, BY APPLICATION,
2020–2026 (USD MILLION) 92
TABLE 10 MDI, TDI, AND POLYURETHANE MARKET SIZE, BY APPLICATION,
2016–2019 (KILOTON) 92
TABLE 11 MDI, TDI, AND POLYURETHANE MARKET SIZE, BY APPLICATION,
2020-2026 (KILOTON) 93
7.2 RIGID FOAMS 93
7.2.1 MEET THE DEMAND FOR INSULATING AND STRUCTURAL FOAMS IN THE CONSTRUCTION INDUSTRY 93
TABLE 12 MDI, TDI, AND POLYURETHANE MARKET SIZE IN RIGID FOAMS, BY REGION, 2016–2019 (USD MILLION) 93
TABLE 13 MDI, TDI, AND POLYURETHANE MARKET SIZE IN RIGID FOAMS, BY REGION, 2020-2026 (USD MILLION) 94
TABLE 14 MDI, TDI, AND POLYURETHANE MARKET SIZE IN RIGID FOAMS, BY REGION, 2016–2019 (KILOTON) 94
TABLE 15 MDI, TDI, AND POLYURETHANE MARKET SIZE IN RIGID FOAMS, BY REGION, 2020-2026 (KILOTON) 94
7.3 FLEXIBLE FOAMS 95
7.3.1 FURNITURE AND AUTOMOTIVE SECTORS DRIVE THE DEMAND FOR
FLEXIBLE FOAMS 95
TABLE 16 MDI, TDI, AND POLYURETHANE MARKET SIZE IN FLEXIBLE FOAMS,
BY REGION, 2016–2019 (USD MILLION) 95
TABLE 17 MDI, TDI, AND POLYURETHANE MARKET SIZE IN FLEXIBLE FOAMS,
BY REGION, 2020–2026 (USD MILLION) 95
TABLE 18 MDI, TDI, AND POLYURETHANE MARKET SIZE IN FLEXIBLE FOAMS,
BY REGION, 2016–2019 (KILOTON) 96
TABLE 19 MDI, TDI, AND POLYURETHANE MARKET SIZE IN FLEXIBLE FOAMS,
BY REGION, 2020–2026 (KILOTON) 96
7.4 PAINTS & COATINGS 96
7.4.1 WIDELY USED TO SHIELD AND ENHANCE EXPOSED SURFACES 96
TABLE 20 MDI, TDI, AND POLYURETHANE MARKET SIZE IN PAINTS & COATINGS,
BY REGION, 2016–2019 (USD MILLION) 97
TABLE 21 MDI, TDI, AND POLYURETHANE MARKET SIZE IN PAINTS & COATINGS,
BY REGION, 2020–2026 (USD MILLION) 97
TABLE 22 MDI, TDI, AND POLYURETHANE MARKET SIZE IN PAINTS & COATINGS,
BY REGION, 2016–2019 (KILOTON) 97
TABLE 23 MDI, TDI, AND POLYURETHANE MARKET SIZE IN PAINTS & COATINGS,
BY REGION, 2020–2026 (KILOTON) 98
7.5 ELASTOMERS 98
7.5.1 MANUFACTURED TO MEET THE NEEDS OF THE FOOTWEAR INDUSTRY 98
TABLE 24 MDI, TDI, AND POLYURETHANE MARKET SIZE IN ELASTOMERS, BY REGION, 2016–2019 (USD MILLION) 98
TABLE 25 MDI, TDI, AND POLYURETHANE MARKET SIZE IN ELASTOMERS, BY REGION, 2020–2026 (USD MILLION) 99
TABLE 26 MDI, TDI, AND POLYURETHANE MARKET SIZE IN ELASTOMERS, BY REGION, 2016–2019 (KILOTON) 99
TABLE 27 MDI, TDI, AND POLYURETHANE MARKET SIZE IN ELASTOMERS, BY REGION, 2020–2026 (KILOTON) 99
7.6 ADHESIVES & SEALANTS 100
7.6.1 WIDELY USED IN THE CONSTRUCTION AND AUTOMOTIVE INDUSTRIES 100
TABLE 28 MDI, TDI, AND POLYURETHANE MARKET SIZE IN ADHESIVES & SEALANTS,
BY REGION, 2016–2019 (USD MILLION) 100
TABLE 29 MDI, TDI, AND POLYURETHANE MARKET SIZE IN ADHESIVES & SEALANTS,
BY REGION, 2020–2026 (USD MILLION) 100
TABLE 30 MDI, TDI, AND POLYURETHANE MARKET SIZE IN ADHESIVES & SEALANTS,
BY REGION, 2016–2019 (KILOTON) 101
TABLE 31 MDI, TDI, AND POLYURETHANE MARKET SIZE IN ADHESIVES & SEALANTS,
BY REGION, 2020–2026 (KILOTON) 101
7.7 OTHERS 102
TABLE 32 MDI, TDI, AND POLYURETHANE MARKET SIZE IN OTHER APPLICATIONS,
BY REGION, 2016–2019 (USD MILLION) 102
TABLE 33 MDI, TDI, AND POLYURETHANE MARKET SIZE IN OTHER APPLICATIONS,
BY REGION, 2020–2026 (USD MILLION) 102
TABLE 34 MDI, TDI, AND POLYURETHANE MARKET SIZE IN OTHER APPLICATIONS,
BY REGION, 2016–2019 (KILOTON) 103
TABLE 35 MDI, TDI, AND POLYURETHANE MARKET SIZE IN OTHER APPLICATIONS,
BY REGION, 2020–2026 (KILOTON) 103
8 POLYURETHANE MARKET, BY END-USE INDUSTRY 104
8.1 INTRODUCTION 105
FIGURE 29 ELECTRONICS & APPLIANCES INDUSTRY TO GROW AT THE HIGHEST CAGR BETWEEN 2021 AND 2026 105
TABLE 36 POLYURETHANE MARKET SIZE, BY END-USE INDUSTRY,
2016–2019 (USD MILLION) 105
TABLE 37 POLYURETHANE MARKET SIZE, BY END-USE INDUSTRY,
2020–2026 (USD MILLION) 106
TABLE 38 POLYURETHANE MARKET SIZE, BY END-USE INDUSTRY,
2016–2019 (KILOTON) 106
TABLE 39 POLYURETHANE MARKET SIZE, BY END-USE INDUSTRY,
2020–2026 (KILOTON) 106
8.2 FURNITURE & INTERIORS 107
8.2.1 BEDDING 107
8.2.2 UPHOLSTERY 107
8.2.3 OTHERS 107
TABLE 40 POLYURETHANE MARKET SIZE IN FURNITURE & INTERIORS, BY REGION, 2016–2019 (USD MILLION) 107
TABLE 41 POLYURETHANE MARKET SIZE IN FURNITURE & INTERIORS, BY REGION, 2020-2026 (USD MILLION) 108
TABLE 42 POLYURETHANE MARKET SIZE IN FURNITURE & INTERIORS, BY REGION, 2016–2019 (KILOTON) 108
TABLE 43 POLYURETHANE MARKET SIZE IN FURNITURE & INTERIORS, BY REGION, 2020-2026 KILOTON) 108
8.3 CONSTRUCTION 109
8.3.1 INSULATION 109
8.3.2 BONDING 109
8.3.3 OTHERS 109
TABLE 44 POLYURETHANE MARKET SIZE IN CONSTRUCTION, BY REGION,
2016–2019 (USD MILLION) 109
TABLE 45 POLYURETHANE MARKET SIZE IN CONSTRUCTION, BY REGION,
2020-2026 (USD MILLION) 110
TABLE 46 POLYURETHANE MARKET SIZE IN CONSTRUCTION, BY REGION,
2016-2019 (KILOTON) 110
TABLE 47 POLYURETHANE MARKET SIZE IN CONSTRUCTION, BY REGION,
2020–2026 (KILOTON) 110
8.4 ELECTRONICS & APPLIANCES 111
8.4.1 REFRIGERATOR 111
8.4.2 AIR CONDITIONER 111
8.4.3 OTHERS 111
TABLE 48 POLYURETHANE MARKET SIZE IN ELECTRONICS & APPLIANCES,
BY REGION, 2016–2019 (USD MILLION) 111
TABLE 49 POLYURETHANE MARKET SIZE IN ELECTRONICS & APPLIANCES, BY REGION, 2020–2026 (USD MILLION) 112
TABLE 50 POLYURETHANE MARKET SIZE IN ELECTRONICS & APPLIANCES, BY REGION, 2016–2019 (KILOTON) 112
TABLE 51 POLYURETHANE MARKET SIZE IN ELECTRONICS & APPLIANCES, BY REGION, 2020–2026 (KILOTON) 112
8.5 AUTOMOTIVE 113
8.5.1 VEHICLE INTERIORS 113
8.5.2 VEHICLE EXTERIORS 113
TABLE 52 POLYURETHANE MARKET SIZE IN AUTOMOTIVE, BY REGION,
2016–2019 (USD MILLION) 113
TABLE 53 POLYURETHANE MARKET SIZE IN AUTOMOTIVE, BY REGION, BY REGION, 2020–2026 (USD MILLION) 113
TABLE 54 POLYURETHANE MARKET SIZE IN AUTOMOTIVE, BY REGION,
2016–2019 (KILOTON) 114
TABLE 55 POLYURETHANE MARKET SIZE IN AUTOMOTIVE, BY REGION,
2020–2026 (KILOTON) 114
8.6 FOOTWEAR 114
8.6.1 SOLES 114
8.6.2 ADHESIVES 115
TABLE 56 POLYURETHANE MARKET SIZE IN FOOTWEAR, BY REGION,
2016–2019 (USD MILLION) 115
TABLE 57 POLYURETHANE MARKET SIZE IN FOOTWEAR, BY REGION,
2020–2026 (USD MILLION) 115
TABLE 58 POLYURETHANE MARKET SIZE IN FOOTWEAR, BY REGION,
2016–2019 (KILOTON) 116
TABLE 59 POLYURETHANE MARKET SIZE IN FOOTWEAR, BY REGION,
2020–2026 (KILOTON) 116
8.7 OTHERS 116
8.7.1 PACKAGING 116
8.7.2 APPAREL 116
8.7.3 MARINE 117
8.7.4 MEDICAL 117
TABLE 60 POLYURETHANE MARKET SIZE IN OTHER END-USE INDUSTRIES, BY REGION, 2016–2019 (USD MILLION) 117
TABLE 61 POLYURETHANE MARKET SIZE IN OTHER END-USE INDUSTRIES, BY REGION, 2020–2026 (USD MILLION) 117
TABLE 62 POLYURETHANE MARKET SIZE IN OTHER END-USE INDUSTRIES, BY REGION, 2016–2019 (KILOTON) 118
TABLE 63 POLYURETHANE MARKET SIZE IN OTHER END-USE INDUSTRIES, BY REGION, 2020–2026 (KILOTON) 118
9 MDI, TDI, AND POLYURETHANE MARKET, BY REGION 119
9.1 INTRODUCTION 120
FIGURE 30 APAC DOMINATED MDI, TDI, AND POLYURETHANE MARKET DURING FORECAST PERIOD 120
TABLE 64 MDI, TDI, AND POLYURETHANE MARKET SIZE, BY REGION,
2016–2019 (USD MILLION) 120
TABLE 65 MDI, TDI, AND POLYURETHANE MARKET SIZE, BY REGION,
2020-2026 (USD MILLION) 121
TABLE 66 MDI, TDI, AND POLYURETHANE MARKET SIZE, BY REGION,
2016–2019 (KILOTON) 121
TABLE 67 MDI, TDI, AND POLYURETHANE MARKET SIZE, BY REGION,
2020-2026 (KILOTON) 121
9.2 NORTH AMERICA 122
FIGURE 31 NORTH AMERICA MARKET SNAPSHOT: US TO LEAD MDI, TDI,
AND POLYURETHANE MARKET DURING FORECAST PERIOD 122
9.2.1 NORTH AMERICA MDI, TDI, AND POLYURETHANE MARKET, BY APPLICATION 123
TABLE 68 NORTH AMERICA: MDI, TDI, AND POLYURETHANE MARKET SIZE,
BY APPLICATION, 2016-2019 (USD MILLION) 123
TABLE 69 NORTH AMERICA: MDI, TDI, AND POLYURETHANE MARKET SIZE,
BY APPLICATION, 2020–2026 (USD MILLION) 123
TABLE 70 NORTH AMERICA: MDI, TDI, AND POLYURETHANE MARKET SIZE,
BY APPLICATION, 2016-2019 (KILOTON) 123
TABLE 71 NORTH AMERICA: MDI, TDI, AND POLYURETHANE MARKET SIZE,
BY APPLICATION, 2020–2026 (KILOTON) 124
9.2.2 NORTH AMERICA POLYURETHANE MARKET, BY END-USE INDUSTRY 124
TABLE 72 NORTH AMERICA: POLYURETHANE MARKET SIZE, BY END-USE INDUSTRY, 2016-2019 (USD MILLION) 124
TABLE 73 NORTH AMERICA: POLYURETHANE MARKET SIZE, BY END-USE INDUSTRY, 2020-2026 (USD MILLION) 124
TABLE 74 NORTH AMERICA: POLYURETHANE MARKET SIZE, BY END-USE INDUSTRY, 2016-2019 (KILOTON) 125
TABLE 75 NORTH AMERICA: POLYURETHANE MARKET SIZE, BY END-USE INDUSTRY, 2020-2026 (KILOTON) 125
9.2.3 NORTH AMERICA MDI, TDI, AND POLYURETHANE MARKET, BY COUNTRY 126
TABLE 76 NORTH AMERICA: MDI, TDI, AND POLYURETHANE MARKET SIZE, BY COUNTRY, 2016-2019 (USD MILLION) 126
TABLE 77 NORTH AMERICA: MDI, TDI, AND POLYURETHANE MARKET SIZE, BY COUNTRY, 2020–2026 (USD MILLION) 126
TABLE 78 NORTH AMERICA: MDI, TDI, AND POLYURETHANE MARKET SIZE, BY COUNTRY, 2016-2019 (KILOTON) 126
TABLE 79 NORTH AMERICA: MDI, TDI, AND POLYURETHANE MARKET SIZE, BY COUNTRY, 2020–2026 (KILOTON) 127
9.2.3.1 US 127
FIGURE 32 US: SECOND-LARGEST MARKET FOR MDI, TDI, AND POLYURETHANE GLOBALLY 127
TABLE 80 US: POLYURETHANE MARKET SIZE, BY END-USE INDUSTRY,
2016-2019 (USD MILLION) 128
TABLE 81 US: POLYURETHANE MARKET SIZE, BY END-USE INDUSTRY,
2020-2026 (USD MILLION) 128
TABLE 82 US: POLYURETHANE MARKET SIZE, BY END-USE INDUSTRY,
2016-2019 (KILOTON) 128
TABLE 83 US: POLYURETHANE MARKET SIZE, BY END-USE INDUSTRY,
2020-2026 (KILOTON) 129
9.2.3.2 Canada 129
TABLE 84 CANADA: POLYURETHANE MARKET SIZE, BY END-USE INDUSTRY,
2016-2019 (USD MILLION) 129
TABLE 85 CANADA: POLYURETHANE MARKET SIZE, BY END-USE INDUSTRY,
2020–2026 (USD MILLION) 130
TABLE 86 CANADA: POLYURETHANE MARKET SIZE, BY END-USE INDUSTRY,
2016-2019 (KILOTON) 130
TABLE 87 CANADA: POLYURETHANE MARKET SIZE, BY END-USE INDUSTRY,
2020–2026 (KILOTON) 130
9.2.3.3 Mexico 131
TABLE 88 MEXICO: POLYURETHANE MARKET SIZE, BY END-USE INDUSTRY,
2016-2019 (USD MILLION) 131
TABLE 89 MEXICO: POLYURETHANE MARKET SIZE, BY END-USE INDUSTRY,
2020–2026 (USD MILLION) 131
TABLE 90 MEXICO: POLYURETHANE MARKET SIZE, BY END-USE INDUSTRY,
2016-2019 (KILOTON) 133
TABLE 91 MEXICO: POLYURETHANE MARKET SIZE, BY END-USE INDUSTRY,
2020–2026 (KILOTON) 133
9.3 EUROPE 134
FIGURE 33 EUROPE MARKET SNAPSHOT: GERMANY TO LEAD THE MDI, TDI, AND POLYURETHANE MARKET DURING THE FORECAST PERIOD 134
9.3.1 EUROPE MDI, TDI, AND POLYURETHANE MARKET, BY APPLICATION 135
TABLE 92 EUROPE: MDI, TDI, AND POLYURETHANE MARKET SIZE, BY APPLICATION, 2016-2019 (USD MILLION) 135
TABLE 93 EUROPE: MDI, TDI, AND POLYURETHANE MARKET SIZE, BY APPLICATION, 2020-2026 (USD MILLION) 135
TABLE 94 EUROPE: MDI, TDI, AND POLYURETHANE MARKET SIZE, BY APPLICATION, 2016-2019 (KILOTON) 135
TABLE 95 EUROPE: MDI, TDI, AND POLYURETHANE MARKET SIZE, BY APPLICATION, 2020-2026 (KILOTON) 136
9.3.2 EUROPE POLYURETHANE MARKET, BY END-USE INDUSTRY 136
TABLE 96 EUROPE: POLYURETHANE MARKET SIZE, BY END-USE INDUSTRY,
2016-2019 (USD MILLION) 136
TABLE 97 EUROPE: POLYURETHANE MARKET SIZE, BY END-USE INDUSTRY,
2020-2026 (USD MILLION) 136
TABLE 98 EUROPE: POLYURETHANE MARKET SIZE, BY END-USE INDUSTRY,
2016-2019 (KILOTON) 137
TABLE 99 EUROPE: POLYURETHANE MARKET SIZE, BY END-USE INDUSTRY,
2020-2026 (KILOTON) 137
9.3.3 EUROPE MDI, TDI, AND POLYURETHANE MARKET, BY COUNTRY 137
TABLE 100 EUROPE: MDI, TDI, AND POLYURETHANE MARKET SIZE, BY COUNTRY,
2016-2019 (USD MILLION) 137
TABLE 101 EUROPE: MDI, TDI, AND POLYURETHANE MARKET SIZE, BY COUNTRY,
2020-2026 (USD MILLION) 138
TABLE 102 EUROPE: MDI, TDI, AND POLYURETHANE MARKET SIZE, BY COUNTRY,
2016-2019 (KILOTON) 138
TABLE 103 EUROPE: MDI, TDI, AND POLYURETHANE MARKET SIZE, BY COUNTRY,
2020-2026 (KILOTON) 138
9.3.3.1 Germany 139
FIGURE 34 GERMANY: LARGEST CONSUMER OF MDI, TDI, AND POLYURETHANE IN EUROPE 139
TABLE 104 GERMANY: POLYURETHANE MARKET SIZE, BY END-USE INDUSTRY,
2016-2019 (USD MILLION) 139
TABLE 105 GERMANY: POLYURETHANE MARKET SIZE, BY END-USE INDUSTRY,
2020–2026 (USD MILLION) 140
TABLE 106 GERMANY: POLYURETHANE MARKET SIZE, BY END-USE INDUSTRY,
2016-2019 (KILOTON) 140
TABLE 107 GERMANY: POLYURETHANE MARKET SIZE, BY END-USE INDUSTRY,
2021–2026 (KILOTON) 140
9.3.3.2 UK 141
TABLE 108 UK: POLYURETHANE MARKET SIZE, BY END-USE INDUSTRY,
2016-2019 (USD MILLION) 141
TABLE 109 UK: POLYURETHANE MARKET SIZE, BY END-USE INDUSTRY,
2020–2026 (USD MILLION) 141
TABLE 110 UK: POLYURETHANE MARKET SIZE, BY END-USE INDUSTRY,
2016-2019 (KILOTON) 142
TABLE 111 UK: POLYURETHANE MARKET SIZE, BY END-USE INDUSTRY,
2020–2026 (KILOTON) 142
9.3.3.3 France 142
TABLE 112 FRANCE: POLYURETHANE MARKET SIZE, BY END-USE INDUSTRY,
2016-2019 (USD MILLION) 143
TABLE 113 FRANCE: POLYURETHANE MARKET SIZE, BY END-USE INDUSTRY,
2020–2026 (USD MILLION) 143
TABLE 114 FRANCE: POLYURETHANE MARKET SIZE, BY END-USE INDUSTRY,
2016-2019 (KILOTON) 143
TABLE 115 FRANCE: POLYURETHANE MARKET SIZE, BY END-USE INDUSTRY,
2021–2026 (KILOTON) 144
9.3.3.4 Italy 144
TABLE 116 ITALY: POLYURETHANE MARKET SIZE, BY END-USE INDUSTRY,
2016-2019 (USD MILLION) 144
TABLE 117 ITALY: POLYURETHANE MARKET SIZE, BY END-USE INDUSTRY,
2020–2026 (USD MILLION) 144
TABLE 118 ITALY: POLYURETHANE MARKET SIZE, BY END-USE INDUSTRY,
2016-2019 (KILOTON) 145
TABLE 119 ITALY: POLYURETHANE MARKET SIZE, BY END-USE INDUSTRY,
2020–2026 (KILOTON) 145
9.3.3.5 Russia 145
TABLE 120 RUSSIA: POLYURETHANE MARKET SIZE, BY END-USE INDUSTRY,
2016-2019 (USD MILLION) 146
TABLE 121 RUSSIA: POLYURETHANE MARKET SIZE, BY END-USE INDUSTRY,
2020–2026 (USD MILLION) 146
TABLE 122 RUSSIA: POLYURETHANE MARKET SIZE, BY END-USE INDUSTRY,
2016-2019 (KILOTON) 146
TABLE 123 RUSSIA: POLYURETHANE MARKET SIZE, BY END-USE INDUSTRY,
2020–2026 (KILOTON) 147
9.3.3.6 Turkey 147
TABLE 124 TURKEY: POLYURETHANE MARKET SIZE, BY END-USE INDUSTRY,
2016-2019 (USD MILLION) 147
TABLE 125 TURKEY: POLYURETHANE MARKET SIZE, BY END-USE INDUSTRY,
2020–2026 (USD MILLION) 148
TABLE 126 TURKEY: POLYURETHANE MARKET SIZE, BY END-USE INDUSTRY,
2016-2019 (KILOTON) 148
TABLE 127 TURKEY: POLYURETHANE MARKET SIZE, BY END-USE INDUSTRY,
2020–2026 (KILOTON) 148
9.4 APAC 149
FIGURE 35 APAC MARKET SNAPSHOT: CHINA TO LEAD MDI, TDI & POLYURETHANE MARKET 149
9.4.1 APAC MDI, TDI, AND POLYURETHANE MARKET, BY APPLICATION 150
TABLE 128 APAC: MDI, TDI, AND POLYURETHANE MARKET SIZE, BY APPLICATION,
2016-2019 (USD MILLION) 150
TABLE 129 APAC: MDI, TDI, AND POLYURETHANE MARKET SIZE, BY APPLICATION,
2020-2026 (USD MILLION) 150
TABLE 130 APAC: MDI, TDI, AND POLYURETHANE MARKET SIZE, BY APPLICATION,
2016-2019 (KILOTON) 151
TABLE 131 APAC: MDI, TDI, AND POLYURETHANE MARKET SIZE, BY APPLICATION,
2020-2026 (KILOTON) 151
9.4.2 APAC POLYURETHANE MARKET, BY END-USE INDUSTRY 151
TABLE 132 APAC: POLYURETHANE MARKET SIZE, BY END-USE INDUSTRY,
2016-2019 (USD MILLION) 151
TABLE 133 APAC: POLYURETHANE MARKET SIZE, BY END-USE INDUSTRY,
2020-2026 (USD MILLION) 152
TABLE 134 APAC: POLYURETHANE MARKET SIZE, BY END-USE INDUSTRY,
2016-2019 (KILOTON) 152
TABLE 135 APAC: POLYURETHANE MARKET SIZE, BY END-USE INDUSTRY,
2020-2026 (KILOTON) 153
9.4.3 APAC MDI, TDI, AND POLYURETHANE MARKET, BY COUNTRY 153
TABLE 136 APAC: MDI, TDI, AND POLYURETHANE MARKET SIZE, BY COUNTRY,
2016-2019 (USD MILLION) 153
TABLE 137 APAC: MDI, TDI, AND POLYURETHANE MARKET SIZE, BY COUNTRY,
2020-2026 (USD MILLION) 154
TABLE 138 APAC: MDI, TDI, AND POLYURETHANE MARKET SIZE, BY COUNTRY,
2016-2019 (KILOTON) 154
TABLE 139 APAC: MDI, TDI, AND POLYURETHANE MARKET SIZE, BY COUNTRY,
2020-2026 (KILOTON) 155
9.4.3.1 China 155
9.4.3.1.1 Favorable market conditions to influence the polyurethane market in the country 155
TABLE 140 CHINA: POLYURETHANE MARKET SIZE, BY END-USE INDUSTRY,
2016-2019 (USD MILLION) 156
TABLE 141 CHINA: POLYURETHANE MARKET SIZE, BY END-USE INDUSTRY,
2020–2026 (USD MILLION) 156
TABLE 142 CHINA: POLYURETHANE MARKET SIZE, BY END-USE INDUSTRY,
2016-2019 (KILOTON) 157
TABLE 143 CHINA: POLYURETHANE MARKET SIZE, BY END-USE INDUSTRY,
2020–2026 (KILOTON) 157
9.4.3.2 India 157
9.4.3.2.1 Increasing standard of living to drive polyurethane market 157
TABLE 144 INDIA: POLYURETHANE MARKET SIZE, BY END-USE INDUSTRY,
2016-2019 (USD MILLION) 158
TABLE 145 INDIA: POLYURETHANE MARKET SIZE, BY END-USE INDUSTRY,
2020–2026 (USD MILLION) 158
TABLE 146 INDIA: POLYURETHANE MARKET SIZE, BY END-USE INDUSTRY,
2016-2019 (KILOTON) 159
TABLE 147 INDIA: POLYURETHANE MARKET SIZE, BY END-USE INDUSTRY,
2020–2026 (KILOTON) 159
9.4.3.3 Thailand 159
9.4.3.3.1 Presence of OEM manufacturing facilities providing
growth opportunity 159
TABLE 148 THAILAND: POLYURETHANE MARKET SIZE, BY END-USE INDUSTRY,
2016-2019 (USD MILLION) 160
TABLE 149 THAILAND: POLYURETHANE MARKET SIZE, BY END-USE INDUSTRY,
2020–2026 (USD MILLION) 160
TABLE 150 THAILAND: POLYURETHANE MARKET SIZE, BY END-USE INDUSTRY,
2016-2019 (KILOTON) 161
TABLE 151 THAILAND: POLYURETHANE MARKET SIZE, BY END-USE INDUSTRY,
2020–2026 (KILOTON) 161
9.4.3.4 South Korea 161
9.4.3.4.1 Investments in upcoming construction projects to
drive the polyurethane market 161
TABLE 152 SOUTH KOREA: POLYURETHANE MARKET SIZE, BY END-USE INDUSTRY, 2016-2019 (USD MILLION) 162
TABLE 153 SOUTH KOREA: POLYURETHANE MARKET SIZE, BY END-USE INDUSTRY, 2020–2026 (USD MILLION) 162
TABLE 154 SOUTH KOREA: POLYURETHANE MARKET SIZE, BY END-USE INDUSTRY, 2016-2019 (KILOTON) 163
TABLE 155 SOUTH KOREA: POLYURETHANE MARKET SIZE, BY END-USE INDUSTRY, 2020–2026 (KILOTON) 163
9.4.3.5 Japan 163
9.4.3.5.1 Redevelopment projects to boost polyurethane market 163
TABLE 156 JAPAN: POLYURETHANE MARKET SIZE, BY END-USE INDUSTRY,
2016-2019 (USD MILLION) 164
TABLE 157 JAPAN: POLYURETHANE MARKET SIZE, BY END-USE INDUSTRY,
2020–2026 (USD MILLION) 164
TABLE 158 JAPAN: POLYURETHANE MARKET SIZE, BY END-USE INDUSTRY,
2016-2019 (KILOTON) 165
TABLE 159 JAPAN: POLYURETHANE MARKET SIZE, BY END-USE INDUSTRY,
2020–2026 (KILOTON) 165
9.4.3.6 Vietnam 165
9.4.3.6.1 Government undertaken infrastructure projects to
drive the polyurethane market 165
TABLE 160 VIETNAM: POLYURETHANE MARKET SIZE, BY END-USE INDUSTRY,
2016-2019 (USD MILLION) 166
TABLE 161 VIETNAM: POLYURETHANE MARKET SIZE, BY END-USE INDUSTRY,
2020–2026 (USD MILLION) 166
TABLE 162 VIETNAM: POLYURETHANE MARKET SIZE, BY END-USE INDUSTRY,
2016-2019 (KILOTON) 167
TABLE 163 VIETNAM: POLYURETHANE MARKET SIZE, BY END-USE INDUSTRY,
2020–2026 (KILOTON) 167
9.4.3.7 Taiwan 167
9.4.3.7.1 Policies enhancing economic development and regional integration between countries 167
TABLE 164 TAIWAN: POLYURETHANE MARKET SIZE, BY END-USE INDUSTRY,
2016-2019 (USD MILLION) 168
TABLE 165 TAIWAN: POLYURETHANE MARKET SIZE, BY END-USE INDUSTRY,
2020–2026 (USD MILLION) 168
TABLE 166 TAIWAN: POLYURETHANE MARKET SIZE, BY END-USE INDUSTRY,
2016-2019 (KILOTON) 169
TABLE 167 TAIWAN: POLYURETHANE MARKET SIZE, BY END-USE INDUSTRY,
2020–2026 (KILOTON) 169
9.4.3.8 Singapore 169
9.4.3.8.1 Integrated infrastructure-based projects to drive the market 169
TABLE 168 SINGAPORE: POLYURETHANE MARKET SIZE, BY END-USE INDUSTRY,
2016-2019 (USD MILLION) 170
TABLE 169 SINGAPORE: POLYURETHANE MARKET SIZE, BY END-USE INDUSTRY,
2020–2026 (USD MILLION) 170
TABLE 170 SINGAPORE: POLYURETHANE MARKET SIZE, BY END-USE INDUSTRY,
2016-2019 (KILOTON) 171
TABLE 171 SINGAPORE: POLYURETHANE MARKET SIZE, BY END-USE INDUSTRY,
2020–2026 (KILOTON) 171
9.5 SOUTH AMERICA 171
9.5.1 SOUTH AMERICA MDI, TDI, AND POLYURETHANE MARKET, BY APPLICATION 172
TABLE 172 SOUTH AMERICA: MDI, TDI, AND POLYURETHANE MARKET SIZE,
BY APPLICATION, 2016-2019 (USD MILLION) 172
TABLE 173 SOUTH AMERICA: MDI, TDI, AND POLYURETHANE MARKET SIZE,
BY APPLICATION, 2020–2026 (USD MILLION) 172
TABLE 174 SOUTH AMERICA: MDI, TDI, AND POLYURETHANE MARKET SIZE,
BY APPLICATION, 2016-2019 (KILOTON) 173
TABLE 175 SOUTH AMERICA: MDI, TDI, AND POLYURETHANE MARKET SIZE,
BY APPLICATION, 2020–2026 (KILOTON) 173
9.5.2 SOUTH AMERICA POLYURETHANE MARKET, BY END-USE INDUSTRY 173
TABLE 176 SOUTH AMERICA: POLYURETHANE MARKET SIZE, BY END-USE INDUSTRY, 20