London -- Global demand for methylene diphenyl diisocyanate (MDI), used to make polyurethane prodcucts such as rigid insulation foam, has been on the rise starting with 2010 -- driven by new infrastructure projects, government back-ups and overall growth of the construction and automotive segments primarily in the emerging economies.
MDI demand increase levels are expected to outpace the total world GDP growth pace, says a new report from Merchant Research and Consulting Ltd.
Nowadays Central and Eastern Europe are key regional consumers of MDI, while the leader of production and demand is China, where demand growth reached 16 percent year-on-year and is forecast to top even higher, says MRC. [Experts at the recent UTECH Europe 2012 event heard different figures, putting historical growth for MDI in China at over 20 percent, and the current figure at under 10 percent. - Ed]
The MRC study "Methylene Di-P-Phenylene Isocyanate (MDI): 2012 World Market Outlook and Forecast up to 2017" gives information on the total global, regional and country markets for MDI, and provides data on the past market landscape, its present state and future forecasts through 2017.
The report, published in April 2012, has 93 pages, and is available http://mcgroup.co.uk/researches/methylene-di-p-phenylene-isocyanate-mdi