Tuesday, June 27, 2023

 Methylene Diphenyl Diisocyanate or MDI is commonly known as Diphenylmethane Diisocyanate. It is an aromatic diisocyanate compound. It is formed due to a reaction between aniline and formaldehyde using an acid catalyst, such as hydrochloric acid, and is further treated by phosgene. MDI is a pale-yellowish or white-colored solid material with a boiling point that measures around 196 ° C. The compound is highly soluble in chlorobenzene, acetone, benzene, etc. MDi is insoluble in water; the compound is inert.

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The key importing countries for Methylene Diphenyl Diisocyanate are India, Vietnam, and the United States. On the other hand, the key exporting countries include South Korea, China, Netherlands.

Key Details About the Methylene Diphenyl Diisocyanate Price Trend:

Procurement Resource does an in-depth analysis of the price trend to bring forth the monthly, quarterly, half-yearly, and yearly information on the Methylene Diphenyl Diisocyanate price in its latest pricing dashboard. The detailed assessment deeply explores the facts about the product, price change over the weeks, months, and years, key players, industrial uses, and drivers propelling the market and price trends.

Each price record is linked to an easy-to-use graphing device dated back to 2014, which offers a series of functionalities; customization of price currencies and units and downloading of price information as excel files that can be used offline.

The Methylene Diphenyl Diisocyanate Price Trend, including India Methylene Diphenyl Diisocyanate price, USA Methylene Diphenyl Diisocyanate price, pricing database, and analysis can prove valuable for procurement managers, directors, and decision-makers to build up their strongly backed-up strategic insights to attain progress and profitability in the business.

Industrial Uses Impacting Methylene Diphenyl Diisocyanate Price Trend:

Providing insulation is the main feature generated by the MDI compound. This feature is used to manufacture Polyurethanes, which are used in electronic devices such as refrigerators and in houses for insulation. It helps in energy conservation. Monomeric MMDIs are used for cast polyurethane applications such as manufacturing wheels and rollers by formulators. It also produces elastomers, mechanical goods, and spandex fibers.

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It is utilized in packaging and construction applications as well as in furniture industries to make semi-rigid foams, vibration insulations, cushioning, synthetic leather, shoe sole, thermoset foams, etc. Additionally, its derivatives, such as Toluene Diisocyanate or TDI, P-Phenylene Diisocyanate or PPDI, Naphthalene Diisocyanate or NDI, etc., are also included in commercial applications.

Key Players:

  • Tosoh Corporation (Millionate)
  • Hexion (US)
  • Huntsman International LLC (Rubinate)
  • BASF SE (Germany)
  • Redox Pty Ltd (Australia)

News & Recent Development

  • Date: November 7, 2022- German company Covestros’ paused its $1.5 Billion Methylene Diphenyl Diisocyanate plant due to weak economic conditions, energy crisis and inflationary pressure.

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Procurement Resource offers in-depth research on product pricing and market insights for more than 500 chemicals, commodities, and utilities updated daily, weekly, monthly, and annually. It is a cost-effective, one-stop solution for all your market research requirements, irrespective of which part of the value chain you represent.

We have a team of highly experienced analysts who perform comprehensive research to deliver our clients the newest and most up-to-date market reports, cost models, price analysis, benchmarking, and category insights, which help in streamlining the procurement process for our clientele. Our team tracks the prices and production costs of a wide variety of goods and commodities, hence, providing you with the latest and consistent data.

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