Increasing Demand from Construction Sector Boosts Methylene Diphenyl Diisocyanate Market
Global Methylene Diphenyl Diisocyanate Market was valued at US $ 24.8 Billion in 2022 and is expected to reach US $ 46.6 Billion by 2030 growing at a CAGR of 8.2% during the forecast period 2023 – 2030
Additionally, the furniture and bedding industry has emerged as a significant consumer of MDI-based products. The exceptional durability and resilience of MDI-based foams make them ideal for manufacturing mattresses, sofas, and other furniture items. This trend is anticipated to persist as consumer preferences shift towards more comfortable and long-lasting furnishings.