Chemicals and Materials MDI, TDI, and Polyurethane Market New | Page 2

The construction segment to account for the largest share of the MDI, TDI, and
Polyurethane Market
The construction segment accounted for the largest market share in 2015, owing to the
increasing construction activities in the emerging economies of Asia-Pacific, South America,
and Middle East & Africa. The rebound in construction activities in matured markets such
as the U.S. and Europe is also expected to drive the market during the forecast period. The
most important application of polyurethane in buildings is insulation.
The Asia-Pacific region to play a key role in the growth of the market for MDI, TDI,
and polyurethane
Based on region, the MDI, TDI, and Polyurethane Market is segmented into North
America, Europe, Asia-Pacific, South America, and Middle East & Africa. The Asia-
Pacific region is a key market for MDI, TDI, and polyurethane. Development in the
economies and the rapid growth in the construction, electronics, and automotive industry
in this region have led to the high growth of this market. Many automotive and footwear
manufacturers are setting up or expanding their manufacturing bases in this region to
benefit from the low manufacturing cost.
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The major manufacturers in the MDI, TDI, and Polyurethane Market include BASF SE
(Germany), The Dow Chemical Company (U.S.), Covestro AG (Germany), Huntsman
Corporation (U.S.), Mitsui Chemicals, Inc. (Japan), E.I. du Pont de Nemours & Company
(U.S.), Chemtura Corporation (U.S.), Wanhua Chemicals Group Co., Ltd. (China),
Woodbridge Foam Corporation (Canada), and Chematur Engineering AB (Sweden)
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