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Overview MDI, TDI and Polyurethane Market is forecast to reach $7 billion by 2024, after growing at a CAGR of 5% during 2019-2024. Increasing demand in the automotive, construction, and electronics industries for lightweight and durable products is projected to increase the overall market growth during the forecast period. Report Coverage The report: “MDI, TDI and Polyurethane Market – Forecast (2019-2024)”, by IndustryARC, covers an in-depth analysis of the following segments of the MDI, TDI and Polyurethane Market Key Takeaways Asia-Pacific dominates the MDI, TDI, and Polyurethane Market owing to strong growth in major end-use industries leading to increasing consumption from countries such as India, China. Growing demand for bio-based polyurethane is likely to drive the market growth in the near future. The disposal of polyurethane demonstrates to be one of the major concerns of environmental agencies, as the disposal releases many dangerous compounds into the environment which hin...

Polyurethane elastomers find application in various fields and are preferred due to their durability, flexibility, toughness, load strength, abrasion resistance, and chemical resistance. The Asia-Pacific region is the largest shareholder in the market for Polyurethane Elastomers followed by America. The Polyurethane Elastomer Market is estimated to be worth around $22 billion by 2023. The market is expected to grow at a CAGR of 4.7% during the forecast period from 2018 to 2023. China was the highest importer of Polyurethane while Germany was the Lead exporter of polyurethane in its primary forms.  Polyurethane Elastomers Market Outlook: Polyurethane Elastomers are rubber like materials that are manufactured by the reaction of Isocyanates with hydroxyl group in the Polyols (alcohol) to which a curative agent is added which forms the links between the polymer strands thus curing the polyurethane elastomer. The major Isocyanates used are either Toluene Diisocyanate (TDI) or Methy-dip...