Global Polymeric Methylene Diphenyl Diisocyanate (PMDI) Market Size was anticipated at USD 28.21 Billion by 2035 | CAGR of 7.05%
Category: Advanced MaterialsGlobal Polymeric Methylene Diphenyl Diisocyanate (PMDI) Market Size was anticipated at USD 28.21 Billion by 2035
According to a Research Report Published by Spherical Insights & Consulting, The Global Polymeric Methylene Diphenyl Diisocyanate (PMDI) Market Size is expected to Grow from USD 13.33 Billion in 2024 to USD 28.21 Billion by 2035, at a CAGR of 7.05% during the forecast period 2025-2035.
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Browse 210 Market Data Tables And 45 Figures Spread Through 190 Pages and In-Depth TOC On the "Global Polymeric Methylene Diphenyl Diisocyanate (PMDI) Market Size, Share, and COVID-19 Impact Analysis, By Form (Liquid PMDI and Solid / Semi-Solid PMDI), By Product Type(Standard/Industrial-Grade PMDI, Modified PMDI, Low-Viscosity PMDI, High-Functionality PMDI, and Custom-Formulated / Specialty PMDI), By Application (Rigid Polyurethane Foam, Flexible Polyurethane Foam, Binders for Wood Panels, Coatings, Adhesives, Sealants & Elastomers (CASE), and Specialty & High-Performance Applications), By End-Use (Construction & Building, Furniture & Bedding, Automotive & Transportation, Electrical Appliances, and Industrial & Infrastructure), and By Region (North America, Europe, Asia-Pacific, Latin America, Middle East, and Africa), Analysis and Forecast 2025 – 2035." Get Detailed Report Description Here: https://www.sphericalinsights.com/reports/polymeric-methylene-diphenyl-diisocyanate-market
Polymeric methylene diphenyl diisocyanate (PMDI) is a brown liquid aromatic isocyanate containing monomeric MDI and higher oligomers, essential for producing polyurethane products. It is mainly used to manufacture rigid and semi-rigid polyurethane foams, providing excellent thermal insulation for construction panels, spray foam, refrigeration, and transportation systems. The global PMDI market is expanding due to rising demand for energy-efficient insulation driven by urbanization, green building standards, and sustainable construction practices. Growth is further supported by the automotive industry’s need for lightweight components, cold-chain refrigeration systems, and the booming furniture and bedding sectors. Sustainable, low-emission bio-based MDI offers manufacturers opportunities to meet green building certifications and drive innovation in polyurethane applications. The PMDI market faces significant constraints due to strict environmental and chemical safety regulations.
The liquid PMDI segment dominated the market in 2024 and is projected to grow at a substantial CAGR during the forecast period.
Based on the form, the polymeric methylene diphenyl diisocyanate (PMDI) market is divided into liquid PMDI and solid / semi-solid PMDI. Among these, the liquid PMDI segment dominated the market in 2024 and is projected to grow at a substantial CAGR during the forecast period. The liquid form of PMDI enables faster production, minimizes material waste, and enhances quality control, making it the favored option for large-scale industrial and construction applications requiring efficiency and consistent performance.
The standard/industrial-grade PMDI segment accounted for the largest share in 2024 and is anticipated to grow at a remarkable CAGR during the forecast period.
Based on the product type, the polymeric methylene diphenyl diisocyanate (PMDI) market is divided into standard/industrial-grade PMDI, modified PMDI, low-viscosity PMDI, high-functionality PMDI, and custom-formulated / specialty PMDI. Among these, the standard/industrial-grade PMDI segment accounted for the largest share in 2024 and is anticipated to grow at a significant CAGR during the forecast period. This segment offers cost efficiency, consistent performance, and compatibility with large-scale manufacturing, driving strong demand in construction, appliance production, and industrial insulation, especially in emerging economies where high-volume consumption fuels market growth.
The rigid polyurethane foam segment accounted for the largest share in 2024 and is anticipated to grow at a remarkable CAGR during the forecast period.
Based on the application, the polymeric methylene diphenyl diisocyanate (PMDI) market is divided into rigid polyurethane foam, flexible polyurethane foam, binders for wood panels, coatings, adhesives, sealants & elastomers (CASE), and specialty & high-performance applications. Among these, the rigid polyurethane foam segment accounted for the largest share in 2024 and is anticipated to grow at a significant CAGR during the forecast period. Rising green building efforts, tighter energy-efficiency regulations, and higher demand for insulated panels and appliances are driving steady growth in PMDI consumption across construction and related applications.
The construction & building segment accounted for the highest market revenue in 2024 and is anticipated to grow at a significant CAGR during the forecast period.
Based on the end-use, the polymeric methylene diphenyl diisocyanate (PMDI) market is divided into construction & building, furniture & bedding, automotive & transportation, electrical appliances, and industrial & infrastructure. Among these, the construction & building segment accounted for the highest market revenue in 2024 and is anticipated to grow at a significant CAGR during the forecast period. The construction & building segment achieved the highest market growth, driven by increasing demand for energy-efficient insulation, structural panels, and sustainable building materials across residential, commercial, and industrial projects globally.
Asia Pacific is expected to hold the majority share of the global polymeric methylene diphenyl diisocyanate (PMDI) market during the forecast period.
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Asia Pacific is expected to hold the majority share of the global polymeric methylene diphenyl diisocyanate (PMDI) market during the forecast period. Asia-Pacific is projected to hold the majority share of the global PMDI market, driven by rapid urbanization, expanding construction and industrial sectors, rising demand for energy-efficient insulation, growing automotive production, and increasing adoption of lightweight, sustainable materials in countries like China, India, and Japan.
North America is anticipated to grow at the fastest pace in the global polymeric methylene diphenyl diisocyanate (PMDI) market during the forecast period. North America is expected to grow at the fastest pace in the global PMDI market, driven by strong demand for rigid polyurethane foam, energy-efficiency regulations, green building initiatives, and technological advancements in construction, refrigeration, and automotive sectors.
Major vendors in the global polymeric methylene diphenyl diisocyanate (PMDI) market are Wanhua Chemical Group, Covestro AG, Huntsman Corporation, BASF SE, Dow Chemical Company, Tosoh Corporation, Kumho Mitsui Chemicals, Lanxess AG, Chevron Phillips Chemical, Gujarat Narmada Valley Fertilizers Limited (GNFC), Tokyo Chemical Industry Co., Ltd., Anhui Huayi Chemical Co., Ltd., Shandong Yisheng Chemical Co., Ltd., and Others.
Key Target Audience
- Market Players
- Investors
- End-users
- Government Authorities
- Consulting and Research Firm
- Venture capitalists
- Value-Added Resellers (VARs)
Key Market Development
- In December 2025, Wanhua Chemical announced a $200/ton price increase for polymeric and pure MDI in South and Southeast Asia, citing market conditions, product reliability, and supply stability. The company emphasized the adjustment ensures the continued delivery of high-quality products and premium service to customers in these key regions.
- In November 2025, BASF signed a multi-year cooperation agreement with Air Liquide’s SCIPIG and Shenergy’s Shenji to use biomethane for producing low-carbon MDI. The collaboration aims to reduce the carbon footprint of methylene diphenyl diisocyanate production, supporting sustainable practices in the chemical and polyurethane industries.
Market Segment
This study forecasts revenue at global, regional, and country levels from 2020 to 2035. Spherical Insights has segmented the polymeric methylene diphenyl diisocyanate (PMDI) market based on the below-mentioned segments:
Global Polymeric Methylene Diphenyl Diisocyanate (PMDI) Market, By Form
- Liquid PMDI
- Solid / Semi-Solid PMDI
Global Polymeric Methylene Diphenyl Diisocyanate (PMDI) Market, By Product Type
- Standard/Industrial-Grade PMDI
- Modified PMDI
- Low-Viscosity PMDI
- High-Functionality PMDI
- Custom-Formulated / Specialty PMDI
Global Polymeric Methylene Diphenyl Diisocyanate (PMDI) Market, By Application
- Rigid Polyurethane Foam (Insulation)
- Flexible Polyurethane Foam
- Binders for Wood Panels (OSB, MDF, Particleboard)
- Coatings, Adhesives, Sealants & Elastomers (CASE)
- Specialty & High-Performance Applications
Global Polymeric Methylene Diphenyl Diisocyanate (PMDI) Market, By End-Use
- Construction & Building
- Furniture & Bedding
- Automotive & Transportation
- Electrical Appliances
- Industrial & Infrastructure
Global Polymeric Methylene Diphenyl Diisocyanate (PMDI) Market, By Regional Analysis
- North America
- US
- Canada
- Mexico
- Europe
- Germany
- UK
- France
- Italy
- Spain
- Russia
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- South Korea
- Australia
- Rest of Asia Pacific
- South America
- Brazil
- Argentina
- Rest of South America
- Middle East & Africa
- UAE
- Saudi Arabia
- Qatar
- South Africa
- Rest of the Middle East & Africa
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