Name: Methylene Diphenyl Diisocynate (MDI) Price Trend, Chart, Index & News
Creator: IMARC Group
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Keywords: Methylene Diphenyl Diisocyanate (MDI) Price Trend, Methylene Diphenyl Diisocyanate (MDI) Prices

Methylene Diphenyl Diisocyanate (MDI) Pricing Report 2024: Price Trend, Chart, Market Analysis, News, Demand, Historical and Forecast Data

Report Format: PDF+Excel | Report ID: SR112024A22586

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Methylene Diphenyl Diisocyanate (MDI) Prices December 2023

Product	Category	Region	Price
Methylene Diphenyl Diisocyanate (MDI)	Petrochemicals	USA	2130 USD/MT
Methylene Diphenyl Diisocyanate (MDI)	Petrochemicals	China	1990 USD/MT
Methylene Diphenyl Diisocyanate (MDI)	Petrochemicals	Europe	2025 USD/MT

The methylene diphenyl diisocyanate (MDI) prices in the United States for Q4 2023 reached 2130 USD/MT in December. The market witnessed a bearish trend in Q4 2023, driven by weak demand in the polyurethane segment and reduced automotive manufacturing due to the UAW strike. Lower Benzene and crude oil prices further affected the market conditions, while inventory buildup and the emergence of bio-based Polyurethane alternatives added downward pressure on prices.

The price trend for MDI in China for Q4 2023, reached 1990 USD/MT in December. China's MDI market in the fourth quarter of 2023 faced a consistent price decline, influenced by reduced demand from the automotive and manufacturing sectors and lower feedstock costs. Mid-quarter saw further price drops due to sluggish procurement activities.

The price trend for MDI in Europe for Q4 2023, reached 2025 USD/MT in December. In Europe, the MDI market faced declining prices in Q4 2023 due to low demand from the Polyurethane sector and weak manufacturing activity. Shifts towards bio-based alternatives and Covestro AG's Force Majeure impacted supply.

Methylene Diphenyl Diisocyanate (MDI) Price Trend, Market Analysis, and News

IMARC’s newly published report, titled “Methylene Diphenyl Diisocyanate (MDI) Pricing Report 2024: Price Trend, Chart, Market Analysis, News, Demand, Historical and Forecast Data,” offers an in-depth analysis of methylene diphenyl diisocyanate (MDI) pricing, covering an analysis of global and regional market trends and the critical factors driving these price movements.

It encompasses an in-depth review of spot price of methylene diphenyl diisocyanate (MDI) at major ports, a breakdown of prices including Ex Works, FOB, and CIF, alongside a region-wise dissection of methylene diphenyl diisocyanate (MDI) price trend across North America, Europe, Asia Pacific, Latin America, the Middle East and Africa.

The report examines the elements influencing methylene diphenyl diisocyanate (MDI) price fluctuations, such as changes in raw material costs, supply-demand dynamics, geopolitical factors, and industry-specific developments. Additionally, it integrates the latest market news, providing stakeholders with up-to-date information on market shifts, regulatory changes, and technological advancements, thereby offering a comprehensive overview that aids in strategic decision-making and forecasting.

Methylene Diphenyl Diisocyanate (MDI) Price Trend

Methylene Diphenyl Diisocyanate (MDI) Market Analysis

The global methylene diphenyl diisocyanate (MDI) market size reached US$ 27.5 Billion in 2023. By 2032, IMARC Group expects the market to reach US$ 47.1 Billion, at a projected CAGR of 6.2% during 2023-2032.

The stricter regulations and standards related to environmental protection and product safety are increasing the adoption of MDI as a substantial alternative.
The methylene diphenyl diisocyanate (MDI) demand is further amplified by its utilization as an energy-effective material to enhance thermal performance and reduce energy consumption.
The World Bank’s report of 2023 claims that around 50% of the population resides in urban areas, which is expected to increase by 1.5 times to 6 billion by 2045. Rapid urbanization is leading to growing demand for furniture, stimulating the use of MDI-based polyurethane foams in upholstery for comfort and durability.
The growing number of residential and commercial construction activities across the globe is driving the demand for MDI-based polyurethane foams.
MDI production is showing an upward trajectory due to the increasing awareness among the masses about the comfort and performance provided by MDI-based polyurethane materials in footwear manufacturing.
The market share is also expanding due to the increasing demand for methylene diphenyl diisocyanate (MDI in the furniture, automotive, and construction sectors, owing to rising industrialization in emerging nations.
Methylene diphenyl diisocyanate (MDI) production has also witnessed a considerable surge due to the widespread investment in the polyurethane form sector. According to IMARC Group’s report, the global polyurethane (PU) foam market is expected to reach US$ 87.5 Billion by 2032
The market is also expanding owing to the rising utilization of industrial sectors like adhesives, sealants, coatings, and insulation materials, which is raising the demand for MDI.
The growing employment of MDI-based polyurethane coatings and paints for multiple uses, such as corrosion protection, waterproofing, and industrial coatings, is positively influencing the market.
The increasing adoption of MDI-based polyurethane panels for thermal insulations in refrigerators vehicles, cold storage facilities, and temperature-controlled environments is bolstering the growth of the market.
Ongoing research and development (R&D) activities focusing on improving the properties and applications of MDI-based polyurethane materials and innovations in formulation techniques are facilitating the market growth.

Methylene Diphenyl Diisocyanate (MDI) News

The report covers the latest developments, updates, and trends impacting the global methylene diphenyl diisocyanate (MDI) market, providing stakeholders with timely and relevant information. This segment covers a wide array of news items, including the inauguration of new production facilities, advancements in methylene diphenyl diisocyanate (MDI) production technologies, strategic market expansions by key industry players, and significant mergers and acquisitions that impact the methylene diphenyl diisocyanate (MDI) price trend.

Latest developments in the methylene diphenyl diisocyanate (MDI) industry:

In 2022, BASF announced a total investment of USD 780 million to expand methylene diphenyl diisocyanate (MDI) plant at its Verbund site in Geismar.
In 2022, Covestro AG launched the new climate-neutral MDI products by using alternative raw materials based on plant waste.

Product Description

Methylene diphenyl diisocyanate (MDI) belongs to the diisocyanate family, which is a key component in polyurethane manufacturing. It reacts with polyols in a process known as polymerization to form polyurethane. It is a versatile compound popular for its high strength, durability, and insulation properties. It allows for the formulation of polyurethane products with tailored properties, such as different levels of flexibility, hardness, and thermal resistance, to meet specific application requirements. Moreover, MDI-based polyurethane forms provide exceptional thermal insulation, which contributes to energy efficiency in buildings and appliances. Its coatings also resist chemicals, abrasion, and corrosion, improving the lifespan of coated surfaces in harsh environments.

In addition, it is used to produce insulation materials for appliances like refrigerators, freezers, and water heaters to improve energy efficiency and lower operational costs. It is also utilized in the manufacturing of various components like seat cushions, dashboards, headrests, and insulation materials in the automotive industry.

Regional Coverage

The report provides a detailed analysis of the methylene diphenyl diisocyanate (MDI) market across different regions, each with unique pricing dynamics influenced by localized market conditions, supply chain intricacies, and geopolitical factors. This includes price trends, price forecast and supply and demand trends for each region, along with spot prices by major ports. The report also provides coverage of ex-works, FOB, and CIF prices, as well as the key factors influencing the methylene diphenyl diisocyanate (MDI) price trend.

Global Methylene Diphenyl Diisocyanate (MDI) Price

The report offers a holistic view of the global methylene diphenyl diisocyanate (MDI) pricing trends in the form of methylene diphenyl diisocyanate (MDI) price charts, reflecting the worldwide interplay of supply-demand balances, international trade policies, and overarching economic factors that shape the market on a macro level. This comprehensive analysis not only highlights the current price but also provides insights into methylene diphenyl diisocyanate (MDI) historical price trends, enabling stakeholders to understand past fluctuations and their underlying causes.

The report also delves into methylene diphenyl diisocyanate (MDI) price forecast models, projecting future price movements based on a variety of indicators such as expected changes in supply chain dynamics, anticipated policy shifts, and emerging market trends. By examining these factors, the report equips industry participants with the necessary tools to make informed strategic decisions, manage risks, and capitalize on market opportunities. Furthermore, it includes a detailed methylene diphenyl diisocyanate (MDI) demand analysis, breaking down regional variations and identifying key drivers specific to each geographic market, thus offering a nuanced understanding of the global pricing landscape.

Europe Methylene Diphenyl Diisocyanate (MDI) Price

In Europe, the MDI market mirrored North America's bearish trend during Q4 2023, with prices falling amid low demand from the polyurethane sector and subdued manufacturing activity. The market's weakness was amplified by an increasing shift towards bio based polyurethane materials, reducing demand for petrochemical-based MDI. Supply remained steady as shipping rates from European hubs were consistent, but the Eurozone Manufacturing PMI indicated a contraction throughout the quarter. By the quarter's end, the European market further weakened as the housing bubble burst, decreasing demand for polyurethane foam in wood furniture manufacturing, leading to a significant decline in MDI prices.

This analysis can be extended to include detailed methylene diphenyl diisocyanate (MDI) price information for a comprehensive list of countries.

Region	Countries Covered
Europe	Germany, France, United Kingdom, Italy, Spain, Russia, Turkey, Netherlands, Poland, Sweden, Belgium, Austria, Ireland, Switzerland, Norway, Denmark, Romania, Finland, Czech Republic, Portugal, and Greece, among other European countries.

North America Methylene Diphenyl Diisocyanate (MDI) Price

In North America, the MDI market faced a downward trend in Q4 2023 due to weakened demand and reduced manufacturing activity in the polyurethane sector. This was largely driven by a decline in automotive production amid the UAW strike and decreased consumption rates across end-user industries. Moreover, lower feedstock benzene costs and declining crude oil prices contributed to this market's sluggishness. The MDI inventories remained high due to low demand following the Black Friday sales and reduced consumer activity in the retail sector.

Specific methylene diphenyl diisocyanate (MDI) historical data within the United States and Canada can also be provided.

Region	Countries Covered
North America	United States and Canada

Middle East and Africa Methylene Diphenyl Diisocyanate (MDI) Price

The report explores the methylene diphenyl diisocyanate (MDI) pricing trends in the Middle East and Africa, considering factors like regional industrial growth, the availability of natural resources, and geopolitical tensions that uniquely influence market prices.

In addition to region-wise data, information on methylene diphenyl diisocyanate (MDI) prices for countries can also be provided.

Region	Countries Covered
Middle East & Africa	Saudi Arabia, UAE, Israel, Iran, South Africa, Nigeria, Oman, Kuwait, Qatar, Iraq, Egypt, Algeria, and Morocco, among other Middle Eastern and African countries.

Asia Pacific Methylene Diphenyl Diisocyanate (MDI) Price

The Asia-Pacific MDI market experienced a consistent decline in prices throughout the Q4 2023 due to moderate demand and reduced manufacturing activities in the Polyurethane sector. The initial price drop was driven by lower feedstock benzene prices, influenced by decreased crude oil costs amid weakening Western economies. Mid-quarter saw reduced procurement as winter slowed down consumption in the manufacturing and automotive sector. The MDI prices continued to fall towards the end of Q4 due to destocking by producers and lingering concerns over supply chain stability, particularly through the Suez Canal.

This methylene diphenyl diisocyanate (MDI) price analysis can be expanded to include a comprehensive list of countries within the region.

Region	Countries Covered
Asia Pacific	China, India, Indonesia, Pakistan, Bangladesh, Japan, Philippines, Vietnam, Thailand, South Korea, Malaysia, Nepal, Taiwan, Sri Lanka, Hongkong, Singapore, Australia, and New Zealand, among other Asian countries.

Latin America Methylene Diphenyl Diisocyanate (MDI) Price

The analysis of methylene diphenyl diisocyanate (MDI) prices in Latin America provides a detailed overview, reflecting the unique market dynamics in the region influenced by economic policies, industrial growth, and trade frameworks.

This comprehensive review can be extended to include specific countries within the region.

Region	Countries Covered
Latin America	Brazil, Mexico, Argentina, Columbia, Chile, Ecuador, and Peru, among other Latin American countries.

Report Coverage

Key Attributes	Details
Product Name	Methylene Diphenyl Diisocyanate (MDI)
Report Features	Exploration of Historical Trends and Market Outlook, Industry Demand, Industry Supply, Gap Analysis, Challenges, Methylene Diphenyl Diisocyanate (MDI) Price Analysis, and Segment-Wise Assessment.
Currency/Units	US$ (Data can also be provided in local currency) or Metric Tons
Region/Countries Covered	The current coverage includes analysis at the global and regional levels only. Based on your requirements, we can also customize the report and provide specific information for the following countries: Asia Pacific: China, India, Indonesia, Pakistan, Bangladesh, Japan, Philippines, Vietnam, Thailand, South Korea, Malaysia, Nepal, Taiwan, Sri Lanka, Hongkong, Singapore, Australia, and New Zealand* Europe: Germany, France, United Kingdom, Italy, Spain, Russia, Turkey, Netherlands, Poland, Sweden, Belgium, Austria, Ireland, Switzerland, Norway, Denmark, Romania, Finland, Czech Republic, Portugal and Greece* North America: United States and Canada Latin America: Brazil, Mexico, Argentina, Columbia, Chile, Ecuador, and Peru* Middle East & Africa: Saudi Arabia, UAE, Israel, Iran, South Africa, Nigeria, Oman, Kuwait, Qatar, Iraq, Egypt, Algeria, and Morocco* *The list of countries presented is not exhaustive. Information on additional countries can be provided if required by the client.
Information Covered for Key Suppliers	Company Overview Business Description Product Portfolio Recent Trends and Developments
Customization Scope	The report can be customized as per the requirements of the customer
Report Price and Purchase Option	Plan A: Monthly Updates - Annual Subscription Scope Historical Data for the Current Month Forecast for Next Month Total Deliverables Per Year: 12 (One Per Month) Includes: One PDF and Excel datasheet per month, Post Purchase Analyst Support throughout the year Plan B: Quarterly Updates - Annual Subscription Scope Historical Data for the Current Quarter Forecast for Next Quarter Total Deliverables Per Year: 4 (One Per Quarter) Includes: One PDF and Excel datasheet per Quarter, Post Purchase Analyst Support throughout the year Plan C: Biannually Updates - Annual Subscription Scope Historical Data for the Current Half Forecast for the Next Half Total Deliverables Per Year: 2 (One Per 6 Months) Includes: One PDF and Excel datasheet per Half, Post Purchase Analyst Support throughout the year
Post-Sale Analyst Support	360-degree analyst support after report delivery
Delivery Format	PDF and Excel through email (We can also provide the editable version of the report in PPT/Word format on special request)

Key Benefits for Stakeholders:

IMARC’s report presents a detailed analysis of methylene diphenyl diisocyanate (MDI) pricing, covering global and regional trends, spot prices at key ports, and a breakdown of Ex Works, FOB, and CIF prices.
The study examines factors affecting methylene diphenyl diisocyanate (MDI) price trend, including raw material costs, supply-demand shifts, geopolitical impacts, and industry developments, offering insights for informed decision-making.
The competitive landscape review equips stakeholders with crucial insights into the latest market news, regulatory changes, and technological advancements, ensuring a well-rounded, strategic overview for forecasting and planning.
IMARC offers various subscription options, including monthly, quarterly, and biannual updates, allowing clients to stay informed with the latest market trends, ongoing developments, and comprehensive market insights. The methylene diphenyl diisocyanate (MDI) price charts ensure our clients remain at the forefront of the industry.

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