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Hydrogenated MDI market was valued at US$ 436.9 million in 2022 and is anticipated to reach US$ 536.5 million by 2029, witnessing a CAGR of 3.0% - Valuates reports
The global Hydrogenated MDI market was valued at US$ 436.9 million in 2022 and is anticipated to reach US$ 536.5 million by 2029, witnessing a CAGR of 3.0% during the forecast period 2023-2029.Get sample report - https://reports.valuates.com/request/sample/QYRE-Auto-38N9064/Global_Hydrogenated_MDI_Market_Insights_and_Forecast_to_2028
Hydrogenated MDI Market
Hydrogenated MDI (CAS 88504-76-1) is transparent liquid in normal temperature and pressure and could also be named HMDI or H12MDI for short. It can serve as a building block for the preparation of chemical products, reactive intermediates and polymers such as polyurethane dispersions (PUDs), elastomers, and thermoplastic polyurethanes (TPUs).
The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
MDI has a high degree of market concentration. The main manufactures are Covestro, Evonik and Wanhua. Among them, Covestro is the largest manufacturer. Evonik got percentage of 42% market share. The following is Covestro, accounting for 40% market share. Meanwhile, Wanhua occupied 18%.Asia Pacific is the largest market, with a share about 35% , followed by North America and Europe with the share about 33% and 29%.
Report Scope
This report aims to provide a comprehensive presentation of the global market for Hydrogenated MDI, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Hydrogenated MDI.
The Hydrogenated MDI market size, estimations, and forecasts are provided in terms of output/shipments (MT) and revenue ($ millions), considering 2022 as the base year, with history and forecast data for the period from 2018 to 2029. This report segments the global Hydrogenated MDI market comprehensively. Regional market sizes, concerning products by purity, by application and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Hydrogenated MDI manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by purity, by application, and by regions.
Segment by Purity
-Above 99.5%
-Below 99.5%
Segment by Application
-Polyurethane Elastomers
-Polyurethane Dispersions
-Radiation Curable Urethane Acrylates
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