Africa MDI, TDI, Polyurethane Market – Industry Trends and Forecast to 2030

Africa MDI, TDI, Polyurethane Market Analysis and Size

Polyurethane is a thermoplastic polymer, which fits in the NHCOO group and mostly use to make elastomers, fillers, and adhesives. Diisocyanates are joined with polyols and additional compounds to make polyurethanes, which provide hardiness and stiffness in elastomers and are accessible in stiff and flexible foam forms. Polyurethanes are utilized in different commercial and manufacturing industries. Toluene diisocyanate (TDI) and methylene diphenyl diisocyanate (MDI) are major basic ingredients.

Data Bridge Market Research analyses that the MDI, TDI, polyurethane market, valued at USD 95.19 million in 2022, will reach USD 839.96 million by 2030, growing at a CAGR of 4.4% during the forecast period of 2023 to 2030. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, geographically represented company-wise production and capacity, network layouts of distributors and partners, detailed and updated price trend analysis and deficit analysis of supply chain and demand.

Africa MDI, TDI, Polyurethane Market Scope and Segmentation  

Market Definition

MDI stances for methylene diphenyl diisocyanate is an aromatic diisocyanate compound utilized in the production of polyurethane. It is widely used in businesses such as construction, automotive, and furniture. MDI is applied because it is a brilliant adhesive and insulating asset.TDI states toluene diisocyanate, an additional diisocyanate compound used in the production of polyurethane. TDI is primarily used in the development of flexible foams, coatings, and adhesives. Polyurethane is a multipurpose polymer that can be found in different forms such as rigid foams, flexible foams, coatings, and adhesives.

Africa MDI, TDI, Polyurethane Dynamics

Drivers

• Rising ultimatum for lightweight materials in automotive

  The automotive industry is shifting towards lightweight materials to increase the mileage of vehicles or fuel efficiency and to decrease carbon emissions. Polyurethane is wide usage in automotive components such as seat cushions, instrument panels, and bumpers due to lightweight and its durability property, which is the driving growth factor of the Africa MDI, TDI, and polyurethane market.

• Rising construction activities

 The construction industry is in the escalating face, whereas urbanization and high population growth are responsible for the growth of construction and infrastructure development. Polyurethane-based resources contain insulation foams, sealants, and adhesives, which are extensively utilized in construction for their brilliant thermal insulation properties, durability, and flexibility, which is driving the growth of the MDI, TDI, polyurethane market

Opportunities

• Technological advancements

Constant research and development practices in the MDI, TDI, and polyurethane markets are enhancing technological advancements and innovations such as bio-based polyurethane, water-based polyurethane, and eco-friendly production developments. Advancements in technology deliver opportunities for polyurethane to address environmental concerns product and expand the range of applications, which is creating opportunities for the polyurethane market to grow.

• Phosgene-free MDI manufacturing

Phosgene is the key raw material for the production of diisocyanates such as MDI, TDI, and polycarbonates. Phosgene is a highly poisonous and responsive gas, it can also use as a chemical weapon, therefore the use of Phosgene is highly controversial. Toxicity concerns regarding phosgene have forced market participants to strive to find alternative technologies but in the present time phosgene-free MDI products are increasing in the market which is creating an opportunity for Africa's MDI, TDI, and polyurethane market.

Restraints/Challenges

• Not suitable for human health

MDI, TDI, and Polyurethane pose significant health risks and environmental challenges due to their high toxicity, dependence on fossil fuels, and negative impact on sustainability. Additionally, excessive exposure to MDI can lead to various skin disorders and illnesses. Workers involved in isocyanate-related activities, including spray coating and heated processes, are at a high risk of developing asthma. Moreover, MDI can react with water present in the air, posing further health hazards and potentially limiting the market for MDI, TDI, and polyurethane

• Unstable raw material prices

The production of MDI, TDI, and polyurethane heavily relies on fossils fuel-based raw materials, such as crude oil, benzene, and toluene. These raw materials not only come with a high cost but also experience significant fluctuations in prices. These price fluctuations can directly impact the overall cost of production or the final product, thus imposing constraints on the market growth of MDI, TDI, and polyurethane. The unpredictable nature of raw material costs adds a layer of uncertainty to the industry, making it challenging for manufacturers and stakeholders to plan and execute long-term strategies. As a result, the sustainability and profitability of the MDI, TDI, and polyurethane market are significantly affected by the volatility and high cost of fossil fuel-based raw materials.

 This MDI, TDI, polyurethane market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the MDI, TDI, polyurethane market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.

Impact and Current Market Scenario of Raw Material Shortage and Shipping Delays

Data Bridge Market Research offers a high-level analysis of the market and delivers information by keeping in account the impact and current market environment of raw material shortage and shipping delays. This translates into assessing strategic possibilities, creating effective action plans, and assisting businesses in making important decisions.

Apart from the standard report, we also offer in-depth analysis of the procurement level from forecasted shipping delays, distributor mapping by region, commodity analysis, production analysis, price mapping trends, sourcing, category performance analysis, supply chain risk management solutions, advanced benchmarking, and other services for procurement and strategic support.

Expected Impact of Economic Slowdown on the Pricing and Availability of Products

When economic activity slows, industries begin to suffer. The forecasted effects of the economic downturn on the pricing and accessibility of the products are taken into account in the market insight reports and intelligence services provided by DBMR. With this, our clients can typically keep one step ahead of their competitors, project their sales and revenue, and estimate their profit and loss expenditures.

Recent Development

• In October 2019, Wanhua Chemical Group Co.Ltd publicised the launch of their 3D printing shoe material solutions which will comprise WANFAB TPU Filament, WANFAB TPU Powder, WANFAB Waterborne Coating and Adwel Waterborne Adhesive. Over this launch, the company goals is to expand their product portfolio in the market.

Africa MDI, TDI, Polyurethane Market Scope

The MDI, TDI, polyurethane market is segmented on the basis of type, raw material, application and end-use. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.

Type

• Toluene Diisocyanate (TDI)
• Methylene Diphenyl Diisocyanate (MDI)
• Polyurethane (PU)

Raw Material

• Crude Oil
• Natural Gas
• Toluene
• Benzene
• Nitric Acid
• Methanol
• Chlorine
• Others

Application

• Polyurethane Foam
• Polyurethane Elastomers
• Polyurethane Adhesives and Sealants
• Polyurethane Coatings
• Flexible Foams
• Rigid Foams
• Paints and Coatings
• Elastomer
• Adhesives and Sealants
• Others
• PUD
• RIM
• Binders

End-Use

• Footwear
• Shoe
• Furniture
• Automotive
• Building And Construction
• Home Appliances
• Textile
• Healthcare
• Electrical and Electronics
• Packaging
• Industrial Machinery
• Interior Decoration
• Others
• Apparel
• Marine
• Medical
• Packaging

MDI, TDI, Polyurethane Market Regional Analysis/Insights

The MDI, TDI, polyurethane market is analysed and market size insights and trends are provided by  type, raw material, application and end-use as referenced above.                                                                                                                         

The countries covered in the MDI, TDI, polyurethane market report are Egypt, South Africa, Nigeria, Algeria, Morocco, Angola, Kenya, Libya and Rest of Africa separately

Egypt dominates the MDI, TDI, and polyurethane market as in the country the people are accepting new inventions in beautifying items to progress their life styles on a broader range and most of the furniture is made of polyurethane foam in the country.

Nigeria's economy is thriving due to its significant production of polyurethane products. The growing construction sector, particularly in housing buildings, is driving the demand for polyurethane insulation. This growth contributes to economic development and improved energy efficiency in infrastructure. The local production of polyurethane products also promotes job creation and self-sufficiency in meeting construction and insulation needs.

The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.

Competitive Landscape and MDI, TDI, Polyurethane Market Share Analysis

The MDI, TDI, polyurethane market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to MDI, TDI, and polyurethane market.

Some of the major players operating in the MDI, TDI, polyurethane market are:

• BASF SE (Germany)
• Dow (U.S.)
• Covestro AG (Germany)
•  Huntsman International LLC (U.S.)
• Mitsui Chemicals, Inc (Japan)
• Wanhua (China)
• Woodbridge (Canada)
• Shell group (U.K.)
• SABIC (Saudi Arabia)
• OCI COMPANY Ltd (South Korea)  
• Era Polymers Pty Ltd. (Australia)
• Tosoh Corporation (Japan)
• ChemChina  (China)
• LANXESS (Germany)
• BorsodChem Zrt.  (Hungary)
• DIC Corporation  (Japan)
• Recticel NV/SA (Belgium)
• SABIC  (Saudi Arabia)
• Shanghai Huayi Polyurethane Co., Ltd (China)
• FoamPartner (Switzerland)
• Grillo-Werke AG (Germany)
• Manali Petrochemicals Limited (India)
• Vencorex  (France)

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