The
CIS demand for MDI was 265.9 kilo tons in 2011 and is expected to
reach 391.9 kilo tons in 2018, growing at a CAGR of 5.8% for the
period from 2013 to 2018. In terms of revenues, the MDI market was
expected to be worth USD 744.4 million in 2011 and is expected to
reach USD 1,116.9 million in 2018, growing at a CAGR of 6% from 2013
to 2018.
Browse
the full report at CIS MDI Market - Industry Analysis, Raw
Material, Consumption Trends, Size, Share And Forecast, 2010 –
2018
http://www.transparencymarketresearch.com/russia-mdi.html
The
growing demand from end use industries such as construction,
furniture and home appliances is the major factor driving the market
for MDI. Availability of abundant natural resources in the form of
crude oil and natural gas (especially in Russia) is also propelling
the growth of MDI market in the CIS. However, the market is inhibited
by volatile pricing characteristics of benzene. Phosgene free MDI
production process provides immense opportunities for participants to
minimize the impact of MDI on environment and at the same time attain
sustainability.
Majority
of the MDI produced in the CIS is used for the production of rigid
foam polyurethanes. Rigid foam polyurethane accounted for
approximately 58% of the total MDI produced in CIS for the year 2011.
Along with being the biggest application segment, rigid foam
polyurethanes are also the fastest growing application market for MDI
in the CIS region. Paints and coatings market for MDI is a small
market when compared with rigid foam polyurethanes but still it
emerges as the second biggest segment consuming MDI. MDI is also used
in the production of flexible foam, adhesives & sealants and
elastomers and binders.
Russia
is the biggest consumer of MDI in the CIS region, accounting for over
83% of the total MDI consumed in 2011. Rapid industrialization in
Russia and increasing foreign investment are major factors boosting
the demand for MDI in the nation. Russian MDI demand is expected to
grow at a CAGR of 6.1% from 2013 to 2018, making it the fastest
growing market for MDI in the CIS region.
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Some
of the leading companies present in the CIS market for MDI include
BASF, Bayer, Huntsman, Dow Chemical Company, Yantai Wanhua, Mitsui
Chemicals and so on.
This
research was carried out to analyze and measure the consumption trend
of MDI exclusively for the CIS region including Russia, Ukraine and
other countries the CIS region. The research report showcases major
MDI producers in CIS and demand by application and geography. It
covers all the major segments of the MDI market, historical data from
2010 - 2012 and statistically refined forecast from 2013 to 2018 for
the segments covered. The report also covers all the major
applications market for MDI. The study presents a comprehensive
assessment of the stakeholder strategies, winning imperatives for
them by segmenting the MDI market as below:
MDI
Market, by Application:
Rigid
Foam
Flexible
Foam
Paints
and Coatings
Adhesives
and Sealants
Elastomers
and Binders
The
report provides a cross-sectional analysis of all the above segments
with respect to the following geographical markets:
Russia
Ukraine
Other
CIS Countries
Browse
all Chemical Industry
Research Reports
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