India MDI, TDI, and Polyurethane Market (2025-2031) Outlook | Companies, Industry, Value, Forecast, Growth, Revenue, Analysis, Size, Trends & Share

Market Forecast By Application (Flexible Foams, Rigid Foams, Paints & Coatings, Elastomers, Adhesives & Sealants), By End-Use (Construction, Furniture & Interiors, Electronics & Appliances, Automotive, Footwear) And Competitive Landscape
Product Code: ETC4514965 Publication Date: Jul 2023 Updated Date: Oct 2025 Product Type: Report
Publisher: 6Wresearch Author: Ravi Bhandari No. of Pages: 85 No. of Figures: 45 No. of Tables: 25

India Mdi

India`s import shipments of MDI, TDI, and polyurethane in 2024 continued to be influenced by key exporting countries such as China, Singapore, Germany, Netherlands, and South Korea. Despite moderate concentration indicated by the HHI, the industry maintained a healthy Compound Annual Growth Rate (CAGR) of 7.96% from 2020 to 2024. However, there was a slight decline in the growth rate from 2023 to 2024, with a decrease of -3.67%. This data suggests a stable market with strong potential for future growth and development in the MDI, TDI, and polyurethane import sector in India.

tdi

and polyurethane market

India MDI TDI and Polyurethane Market Overview

MDI (Methylene Diphenyl Diisocyanate), TDI (Toluene Diisocyanate), and polyurethane materials are vital in the manufacturing of flexible and rigid foams, coatings, and adhesives. The India MDI, TDI, and polyurethane market has witnessed growth as these materials are used in various sectors, including construction, automotive, and furniture. The demand for energy-efficient insulation and lightweight materials has driven the expansion of this market.

Drivers of the Market

The India MDI, TDI, and polyurethane market are driven by the expanding construction and automotive sectors. These chemicals are essential in the production of polyurethane foams used for insulation and cushioning. As these industries continue to grow, the demand for polyurethane products and, consequently, these chemicals, increases.

Challenges of the Market

The India MDI (Methylene Diphenyl Diisocyanate), TDI (Toluene Diisocyanate), and polyurethane market faces various challenges as it caters to a range of applications in industries like construction, automotive, and furniture. One of the primary challenges is the price volatility of raw materials, which can significantly impact production costs and pricing for end products. Additionally, the market is sensitive to economic fluctuations, which can affect demand and market stability. Ensuring product quality and safety is a persistent challenge, as substandard materials can have adverse effects in various applications. The industry must also adapt to evolving environmental regulations and consumer demands for more sustainable and eco-friendly polyurethane products. Addressing these challenges while fostering innovation and quality control is essential for the sustainable growth of the MDI, TDI, and polyurethane market in India.

COVID-19 Impact on the Market

The polyurethane market was affected as construction and automotive industries slowed down. However, the demand for polyurethane products in healthcare and packaging remained strong. The market is expected to rebound as these sectors recover.

Key Players in the Market

Key players in the India MDI, TDI, and polyurethane market encompass ISOTHANE, BASF, Covestro, Huntsman Corporation, and Mitsui Chemicals.

Key Highlights of the Report:

  • India MDI, TDI, and Polyurethane Market Outlook
  • Market Size of India MDI, TDI, and Polyurethane Market, 2024
  • Forecast of India MDI, TDI, and Polyurethane Market, 2031
  • Historical Data and Forecast of India MDI, TDI, and Polyurethane Revenues & Volume for the Period 2021-2031
  • India MDI, TDI, and Polyurethane Market Trend Evolution
  • India MDI, TDI, and Polyurethane Market Drivers and Challenges
  • India MDI, TDI, and Polyurethane Price Trends
  • India MDI, TDI, and Polyurethane Porter's Five Forces
  • India MDI, TDI, and Polyurethane Industry Life Cycle
  • Historical Data and Forecast of India MDI, TDI, and Polyurethane Market Revenues & Volume By Application for the Period 2021-2031
  • Historical Data and Forecast of India MDI, TDI, and Polyurethane Market Revenues & Volume By Flexible Foams for the Period 2021-2031
  • Historical Data and Forecast of India MDI, TDI, and Polyurethane Market Revenues & Volume By Rigid Foams for the Period 2021-2031
  • Historical Data and Forecast of India MDI, TDI, and Polyurethane Market Revenues & Volume By Paints & Coatings for the Period 2021-2031
  • Historical Data and Forecast of India MDI, TDI, and Polyurethane Market Revenues & Volume By Elastomers for the Period 2021-2031
  • Historical Data and Forecast of India MDI, TDI, and Polyurethane Market Revenues & Volume By Adhesives & Sealants for the Period 2021-2031
  • Historical Data and Forecast of India MDI, TDI, and Polyurethane Market Revenues & Volume By End-Use for the Period 2021-2031
  • Historical Data and Forecast of India MDI, TDI, and Polyurethane Market Revenues & Volume By Construction for the Period 2021-2031
  • Historical Data and Forecast of India MDI, TDI, and Polyurethane Market Revenues & Volume By Furniture & Interiors for the Period 2021-2031
  • Historical Data and Forecast of India MDI, TDI, and Polyurethane Market Revenues & Volume By Electronics & Appliances for the Period 2021-2031
  • Historical Data and Forecast of India MDI, TDI, and Polyurethane Market Revenues & Volume By Automotive for the Period 2021-2031
  • Historical Data and Forecast of India MDI, TDI, and Polyurethane Market Revenues & Volume By Footwear for the Period 2021-2031
  • India MDI, TDI, and Polyurethane Import Export Trade Statistics
  • Market Opportunity Assessment By Application
  • Market Opportunity Assessment By End-Use
  • India MDI, TDI, and Polyurethane Top Companies Market Share
  • India MDI, TDI, and Polyurethane Competitive Benchmarking By Technical and Operational Parameters
  • India MDI, TDI, and Polyurethane Company Profiles
  • India MDI, TDI, and Polyurethane Key Strategic Recommendations

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1 Executive Summary

2 Introduction

2.1 Key Highlights of the Report

2.2 Report Description

2.3 Market Scope & Segmentation

2.4 Research Methodology

2.5 Assumptions

3 India MDI, TDI, and Polyurethane Market Overview

3.1 India Country Macro Economic Indicators

3.2 India MDI, TDI, and Polyurethane Market Revenues & Volume, 2021 & 2031F

3.3 India MDI, TDI, and Polyurethane Market - Industry Life Cycle

3.4 India MDI, TDI, and Polyurethane Market - Porter's Five Forces

3.5 India MDI, TDI, and Polyurethane Market Revenues & Volume Share, By Application, 2021 & 2031F

3.6 India MDI, TDI, and Polyurethane Market Revenues & Volume Share, By End-Use, 2021 & 2031F

4 India MDI, TDI, and Polyurethane Market Dynamics

4.1 Impact Analysis

4.2 Market Drivers

4.2.1 Increasing demand for sustainable and energy-efficient materials in construction and automotive industries

4.2.2 Growth in infrastructure development projects in India

4.2.3 Rising disposable income leading to higher consumer spending on durable goods like furniture and mattresses

4.3 Market Restraints

4.3.1 Volatility in raw material prices such as toluene diisocyanate (TDI) and diphenylmethane diisocyanate (MDI)

4.3.2 Stringent environmental regulations impacting production processes

4.3.3 Competition from alternative materials like PVC and rubber in certain applications

5 India MDI, TDI, and Polyurethane Market Trends

6 India MDI, TDI, and Polyurethane Market, By Types

6.1 India MDI, TDI, and Polyurethane Market, By Application

6.1.1 Overview and Analysis

6.1.2 India MDI, TDI, and Polyurethane Market Revenues & Volume, By Application, 2021-2031F

6.1.3 India MDI, TDI, and Polyurethane Market Revenues & Volume, By Flexible Foams, 2021-2031F

6.1.4 India MDI, TDI, and Polyurethane Market Revenues & Volume, By Rigid Foams, 2021-2031F

6.1.5 India MDI, TDI, and Polyurethane Market Revenues & Volume, By Paints & Coatings, 2021-2031F

6.1.6 India MDI, TDI, and Polyurethane Market Revenues & Volume, By Elastomers, 2021-2031F

6.1.7 India MDI, TDI, and Polyurethane Market Revenues & Volume, By Adhesives & Sealants, 2021-2031F

6.2 India MDI, TDI, and Polyurethane Market, By End-Use

6.2.1 Overview and Analysis

6.2.2 India MDI, TDI, and Polyurethane Market Revenues & Volume, By Construction, 2021-2031F

6.2.3 India MDI, TDI, and Polyurethane Market Revenues & Volume, By Furniture & Interiors, 2021-2031F

6.2.4 India MDI, TDI, and Polyurethane Market Revenues & Volume, By Electronics & Appliances, 2021-2031F

6.2.5 India MDI, TDI, and Polyurethane Market Revenues & Volume, By Automotive, 2021-2031F

6.2.6 India MDI, TDI, and Polyurethane Market Revenues & Volume, By Footwear, 2021-2031F

7 India MDI, TDI, and Polyurethane Market Import-Export Trade Statistics

7.1 India MDI, TDI, and Polyurethane Market Export to Major Countries

7.2 India MDI, TDI, and Polyurethane Market Imports from Major Countries

8 India MDI, TDI, and Polyurethane Market Key Performance Indicators

8.1 Average selling price of MDI, TDI, and polyurethane products

8.2 Adoption rate of polyurethane in new application areas

8.3 Percentage of RD investment in developing eco-friendly polyurethane formulations

9 India MDI, TDI, and Polyurethane Market - Opportunity Assessment

9.1 India MDI, TDI, and Polyurethane Market Opportunity Assessment, By Application, 2021 & 2031F

9.2 India MDI, TDI, and Polyurethane Market Opportunity Assessment, By End-Use, 2021 & 2031F

10 India MDI, TDI, and Polyurethane Market - Competitive Landscape

10.1 India MDI, TDI, and Polyurethane Market Revenue Share, By Companies, 2024

10.2 India MDI, TDI, and Polyurethane Market Competitive Benchmarking, By Operating and Technical Parameters

11 Company Profiles

12 Recommendations

13 Disclaimer

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