Market Analysis and Insights: Africa MDI, TDI, Polyurethane Market
Polyurethane is a kind of thermoplastic polymer which contains the group NHCOO which are used for the purpose of insulation in the building and construction industry. It is also used in the production of resins for elastomers, filler and adhesives. The polyurethanes are produced by reacting diisocyanates with polyols and other chemicals. They are produced either in the form of rigid and flexible foam and provides toughness and stiffness in elastomers. Thus, polyurethanes are used in wide range of commercial and industrial applications. It is made up of two important raw materials such as toluene diisocyanate (TDI) and methylene diphenyl diisocyanate (MDI).
Rise in the number of lightweight vehicles is accelerating the consumption of MDI, TDI, polyurethane product which drives the market growth in Africa.
Africa MDI, TDI, polyurethane market is expected to gain market growth in the forecast period of 2020 to 2027. Data Bridge Market Research analyses that the market is growing with the CAGR of 3.9% in the forecast period of 2020 to 2027 and expected to reach USD 738.18 million by 2027. Increasing demand of polyurethane products in the developing countries boosts the demand of MDI and TDI.
Polyurethane Foam as a Raw Material for 3D Printing
MDI, TDI, polyurethane market also provides you with detailed market analysis for every country growth in industry with sales, components sales, impact of technological development in MDI, TDI, polyurethane and changes in regulatory scenarios with their support for the MDI, TDI, polyurethane market. The data is available for historic period 2010 to 2018.
MDI, TDI, Polyurethane Market Country Level Analysis
MDI, TDI, polyurethane market is analysed and market size information is provided by country, 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.
Egypt dominates the MDI, TDI, polyurethane market as in country the people are adopting new innovations in decorating items to improve their life styles on a wider range and most of the furniture are made of polyurethane foam in the country. Saudi Arabia has a high production and consumption towards the polyurethane products. Nigeria is having a decent growth due to major production of polyurethane products in the country and growing construction of residential buildings for the insulation purposes.
Competitive Landscape and MDI, TDI, Polyurethane Market Share Analysis
The major players covered in the report are BASF SE, Dow, Covestro AG , Huntsman International LLC. , Wanhua Chemical Group Co.Ltd , Merck KGaA , Royal Dutch Shell plc , SABIC, OCI COMPANY Ltd and Era Polymers Pty Ltd. MDI, TDI, Polyurethane market share data is available for Egypt, South Africa, Nigeria, Algeria, Morocco, Angola, Kenya, Libya and Rest of Africa separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
Many product developments are also initiated by the companies worldwide which are also accelerating the Africa MDI, TDI, polyurethane market.
Africa MDI, TDI, Polyurethane Market Scope and Market Size
MDI, TDI, polyurethane market is segmented on the basis of type, raw material, application and end-use. The growth among segments helps you to analyse niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
- On the basis of type, the market is segmented into toluene diisocyanate (TDI) and methylene diphenyl diisocyanate (MDI).In Africa, methylene diphenyl diisocyanate (MDI) is dominating in Egypt as it has become the most important building blocks in the manufacturing of polyurethanes urethane-prepolymers, and polyisocyanurate polymers in many industries.
- On the basis of raw material, the market is segmented into crude oil, natural gas, toluene, benzene, nitric acid, methanol, chlorine and others. In Africa, crude oil segment dominates in Egypt as to produce MDI and TDI, crude oil is one of the basic raw materials used in the production process.
- On the basis of application, the market is segmented into polyurethane foam, polyurethane elastomers, polyurethane adhesives and sealants, polyurethane coatings and others. In Africa, polyurethane foam is dominating in Egypt as it produces a seamless blanket of insulation giving rise to a product without joints. The insulation material made of polyurethane foam has a high strength to weight ratio, easy to use and resistant to moisture.
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