Methylene Diphenyl Diisocyanate (MDI) Prices

Methylene Diphenyl Diisocyanate (MDI) Price Trend, Index and Forecast

Track the latest insights on methylene diphenyl diisocyanate (MDI) price trend and forecast with detailed analysis of regional fluctuations and market dynamics across North America, Latin America, Central Europe, Western Europe, Eastern Europe, Middle East, North Africa, West Africa, Central and Southern Africa, Central Asia, Southeast Asia, South Asia, East Asia, and Oceania.

Methylene Diphenyl Diisocyanate (MDI) Prices Outlook Q1 2025

• USA: US$ 2692/MT
• China: US$ 1838/MT
• India: US$ 2328/MT
• Brazil: US$ 2245/MT
• Netherlands: US$ 2446/MT

Methylene Diphenyl Diisocyanate (MDI) Price Chart

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During the first quarter of 2025, the methylene diphenyl diisocyanate (MDI) prices in the USA reached 2692 USD/MT in March. As per the methylene diphenyl diisocyanate (MDI) price chart, the market saw rising prices due to supply disruptions and increased production costs from limited benzene availability. Despite challenges, MDI demand remained steady, especially in the automotive sector, with higher sales of light trucks and electric vehicles. While geopolitical tensions and trade uncertainties added volatility, prices stabilized by March, with moderate growth projected for the upcoming months as demand remains steady.

During the first quarter of 2025, methylene diphenyl diisocyanate (MDI) prices in China reached 1838 USD/MT in March. The market experienced erratic fluctuations. A bearish market resulted from a softening of demand in important industries like construction and automobiles following the Lunar New Year holidays. MDI pricing was under pressure to fall because of the slowdown in real estate and the decline in traditional car sales in Asia.

During the first quarter of 2025, the methylene diphenyl diisocyanate (MDI) prices in India reached 2328 USD/MT in March. There were moderate price changes in the market for methylene diphenyl diisocyanate (MDI). Changes in feedstock prices and disruptions in the global supply chain affected manufacturing costs even as demand stayed constant, especially in the construction and automobile industries. Besides, the rising raw material costs and logistical challenges put some pressure on the local market.

During the first quarter of 2025, the methylene diphenyl diisocyanate (MDI) prices in Brazil reached 2245 USD/MT in March. Prices in Brazil experienced fluctuations due to a complex interplay of factors, including supply chain disruptions, feedstock availability, and global trade tensions. 

During the first quarter of 2025, the methylene diphenyl diisocyanate (MDI) prices in the Netherlands reached 2446 USD/MT in March. Geopolitical tensions and supply chain problems drove price hikes in the Netherlands' market. The building industry encountered difficulties, such as inflation and growing material costs, but the automotive sector maintained consistent demand. Although the prognosis remained gloomy because of persistent external pressures, MDI prices started to stabilize by March.

Methylene Diphenyl Diisocyanate (MDI) Prices Outlook Q4 2023

• USA: US$ 2130/MT
• China: US$ 1990/MT
• Europe: US$ 2025/MT

The methylene diphenyl diisocyanate (MDI) prices in the United States for Q4 2023 reached 2130 USD/MT in December. The market witnessed a bearish trend in Q4 2023, driven by weak demand in the polyurethane segment and reduced automotive manufacturing due to the UAW strike. Lower Benzene and crude oil prices further affected the market conditions, while inventory buildup and the emergence of bio-based Polyurethane alternatives added downward pressure on prices.

The price trend for MDI in China for Q4 2023, reached 1990 USD/MT in December. China's MDI market in the fourth quarter of 2023 faced a consistent price decline, influenced by reduced demand from the automotive and manufacturing sectors and lower feedstock costs. Mid-quarter saw further price drops due to sluggish procurement activities.

The price trend for MDI in Europe for Q4 2023, reached 2025 USD/MT in December. In Europe, the MDI market faced declining prices in Q4 2023 due to low demand from the Polyurethane sector and weak manufacturing activity. Shifts towards bio-based alternatives and Covestro AG's Force Majeure impacted supply.

Regional Coverage

The report provides a detailed analysis of the market across different regions, each with unique pricing dynamics influenced by localized market conditions, supply chain intricacies, and geopolitical factors. This includes price trends, price forecast and supply and demand trends for each region, along with spot prices by major ports. The report also provides coverage of FOB and CIF prices, as well as the key factors influencing the methylene diphenyl diisocyanate (MDI) prices.

Global Methylene Diphenyl Diisocyanate (MDI) Price Trend

The report offers a holistic view of the global methylene diphenyl diisocyanate (MDI) pricing trends in the form of methylene diphenyl diisocyanate (MDI) price charts, reflecting the worldwide interplay of supply-demand balances, international trade policies, and overarching economic factors that shape the market on a macro level. This comprehensive analysis not only highlights current price levels but also provides insights into historical price of methylene diphenyl diisocyanate (MDI), enabling stakeholders to understand past fluctuations and their underlying causes. The report also delves into price forecast models, projecting future price movements based on a variety of indicators such as expected changes in supply chain dynamics, anticipated policy shifts, and emerging market trends. By examining these factors, the report equips industry participants with the necessary tools to make informed strategic decisions, manage risks, and capitalize on market opportunities. Furthermore, it includes a detailed methylene diphenyl diisocyanate (MDI) demand analysis, breaking down regional variations and identifying key drivers specific to each geographic market, thus offering a nuanced understanding of the global pricing landscape.

Europe Methylene Diphenyl Diisocyanate (MDI) Price Trend

Q1 2025:

As per the methylene diphenyl diisocyanate (MDI) price index, due to major part to supply disruptions and geopolitical considerations, the market in Europe saw a generally positive pricing trend. Moreover, due to rising production costs, which were made worse by Benzene's limited supply and seasonal weather disruptions at important European ports, MDI prices increased early in the quarter. MDI pricing was supported by consistent demand from the automotive industry in spite of these obstacles. Nonetheless, the building sector encountered formidable obstacles, such as exorbitant material prices and persistent inflationary pressures.

Q4 2023:

In Europe, the MDI market mirrored North America's bearish trend during Q4 2023, with prices falling amid low demand from the polyurethane sector and subdued manufacturing activity. The market's weakness was amplified by an increasing shift towards bio based polyurethane materials, reducing demand for petrochemical-based MDI. Supply remained steady as shipping rates from European hubs were consistent, but the Eurozone Manufacturing PMI indicated a contraction throughout the quarter. By the quarter's end, the European market further weakened as the housing bubble burst, decreasing demand for polyurethane foam in wood furniture manufacturing, leading to a significant decline in MDI prices.

This analysis can be extended to include detailed methylene diphenyl diisocyanate (MDI) price information for a comprehensive list of countries.

North America Methylene Diphenyl Diisocyanate (MDI) Price Trend

Q1 2025:

The market had a generally upward pricing trend. Due to logistical difficulties and disruptions caused by the Arctic Blast, prices increased at the start of the quarter. Furthermore, rising demand in other industries limited the supply of necessary feedstocks, such as benzene, which raised production prices even further. Demand for MDI remained strong in spite of these obstacles, especially in the automotive industry, which profited from higher sales of light trucks and electric cars.

Q4 2023:

In North America, the MDI market faced a downward trend in Q4 2023 due to weakened demand and reduced manufacturing activity in the polyurethane sector. This was largely driven by a decline in automotive production amid the UAW strike and decreased consumption rates across end-user industries. Moreover, lower feedstock benzene costs and declining crude oil prices contributed to this market's sluggishness. The MDI inventories remained high due to low demand following the Black Friday sales and reduced consumer activity in the retail sector.

Specific methylene diphenyl diisocyanate (MDI) historical data within the United States and Canada can also be provided.

Middle East and Africa Methylene Diphenyl Diisocyanate (MDI) Price Trend

Q1 2025:

The report explores the methylene diphenyl diisocyanate (MDI) trends and methylene diphenyl diisocyanate (MDI) price chart in the Middle East and Africa, considering factors like regional industrial growth, the availability of natural resources, and geopolitical tensions that uniquely influence market prices.

In addition to region-wise data, information on methylene diphenyl diisocyanate (MDI) prices for countries can also be provided.

Asia Pacific Methylene Diphenyl Diisocyanate (MDI) Price Trend

Q1 2025:

The market saw erratic demand and price patterns. At first, MDI prices were stable, but a bearish trend took over following China's Lunar New Year holidays. Prices were pushed lower by declining demand in important industries like building and the automobile. Due to limited real estate investments, the construction industry observed a reduction in MDI-based materials like insulation. The general drop in traditional vehicle sales, especially in Thailand, contributed to a weakened market attitude, even though sales of electric vehicles (EVs) offered some support.

Q4 2023:

The Asia-Pacific MDI market experienced a consistent decline in prices throughout the Q4 2023 due to moderate demand and reduced manufacturing activities in the Polyurethane sector. The initial price drop was driven by lower feedstock benzene prices, influenced by decreased crude oil costs amid weakening Western economies. Mid-quarter saw reduced procurement as winter slowed down consumption in the manufacturing and automotive sector. The MDI prices continued to fall towards the end of Q4 due to destocking by producers and lingering concerns over supply chain stability, particularly through the Suez Canal.

This methylene diphenyl diisocyanate (MDI) price analysis can be expanded to include a comprehensive list of countries within the region.

Latin America Methylene Diphenyl Diisocyanate (MDI) Price Trend

Q1 2025:

As per the methylene diphenyl diisocyanate (MDI) price index, the market in Latin America experienced price changes due to a combination of factors, including supply chain disruptions, rising demand, and potential trade tensions. Besides, the growing demand for MDI in various industries, including construction, automotive, and furniture, pushed prices higher. 

This comprehensive review can be extended to include specific countries within the region.

Methylene Diphenyl Diisocyanate (MDI) Price Trend, Market Analysis, and News

IMARC's latest publication, “Methylene Diphenyl Diisocyanate (MDI) Prices, Trend, Chart, Demand, Market Analysis, News, Historical and Forecast Data Report ​2025​ Edition,” presents a detailed examination of the methylene diphenyl diisocyanate (MDI) market, providing insights into both global and regional trends that are shaping prices. This report delves into the spot price of methylene diphenyl diisocyanate (MDI) at major ports and analyzes the composition of prices, including FOB and CIF terms. It also presents detailed methylene diphenyl diisocyanate (MDI) prices trend analysis by region, covering North America, Europe, Asia Pacific, Latin America, and Middle East and Africa. The factors affecting methylene diphenyl diisocyanate (MDI) pricing, such as the dynamics of supply and demand, geopolitical influences, and sector-specific developments, are thoroughly explored. This comprehensive report helps stakeholders stay informed with the latest market news, regulatory updates, and technological progress, facilitating informed strategic decision-making and forecasting.

Methylene Diphenyl Diisocyanate (MDI) Industry Analysis

The global methylene diphenyl diisocyanate (MDI) market size reached USD 29.21 Billion in 2024. By 2033, IMARC Group expects the market to reach USD 50.19 Billion, at a projected CAGR of 5.89% during 2025-2033.

• The stricter regulations and standards related to environmental protection and product safety are increasing the adoption of MDI as a substantial alternative.
• The methylene diphenyl diisocyanate (MDI) demand is further amplified by its utilization as an energy-effective material to enhance thermal performance and reduce energy consumption.
• The World Bank’s report of 2023 claims that around 50% of the population resides in urban areas, which is expected to increase by 1.5 times to 6 billion by 2045. Rapid urbanization is leading to growing demand for furniture, stimulating the use of MDI-based polyurethane foams in upholstery for comfort and durability.
• The growing number of residential and commercial construction activities across the globe is driving the demand for MDI-based polyurethane foams.
• MDI production is showing an upward trajectory due to the increasing awareness among the masses about the comfort and performance provided by MDI-based polyurethane materials in footwear manufacturing.
• The market share is also expanding due to the increasing demand for methylene diphenyl diisocyanate (MDI in the furniture, automotive, and construction sectors, owing to rising industrialization in emerging nations.
• Methylene diphenyl diisocyanate (MDI) production has also witnessed a considerable surge due to the widespread investment in the polyurethane form sector. According to IMARC Group’s report, the global polyurethane (PU) foam market is expected to reach US$ 87.5 Billion by 2032
• The market is also expanding owing to the rising utilization of industrial sectors like adhesives, sealants, coatings, and insulation materials, which is raising the demand for MDI.
• The growing employment of MDI-based polyurethane coatings and paints for multiple uses, such as corrosion protection, waterproofing, and industrial coatings, is positively influencing the market.
• The increasing adoption of MDI-based polyurethane panels for thermal insulations in refrigerators vehicles, cold storage facilities, and temperature-controlled environments is bolstering the growth of the market.
• Ongoing research and development (R&D) activities focusing on improving the properties and applications of MDI-based polyurethane materials and innovations in formulation techniques are facilitating the market growth.

Methylene Diphenyl Diisocyanate (MDI) News

The report covers the latest developments, updates, and trends impacting the global methylene diphenyl diisocyanate (MDI) industry, providing stakeholders with timely and relevant information. This segment covers a wide array of news items, including the inauguration of new production facilities, advancements in methylene diphenyl diisocyanate (MDI) production technologies, strategic market expansions by key industry players, and significant mergers and acquisitions that impact the methylene diphenyl diisocyanate (MDI) price trend.

Latest developments in the methylene diphenyl diisocyanate (MDI) industry:

• In 2022, BASF announced a total investment of USD 780 million to expand methylene diphenyl diisocyanate (MDI) plant at its Verbund site in Geismar.
• In 2022, Covestro AG launched the new climate-neutral MDI products by using alternative raw materials based on plant waste.

Product Description

Methylene diphenyl diisocyanate (MDI) belongs to the diisocyanate family, which is a key component in polyurethane manufacturing. It reacts with polyols in a process known as polymerization to form polyurethane. It is a versatile compound popular for its high strength, durability, and insulation properties. It allows for the formulation of polyurethane products with tailored properties, such as different levels of flexibility, hardness, and thermal resistance, to meet specific application requirements. Moreover, MDI-based polyurethane forms provide exceptional thermal insulation, which contributes to energy efficiency in buildings and appliances. Its coatings also resist chemicals, abrasion, and corrosion, improving the lifespan of coated surfaces in harsh environments.

In addition, it is used to produce insulation materials for appliances like refrigerators, freezers, and water heaters to improve energy efficiency and lower operational costs. It is also utilized in the manufacturing of various components like seat cushions, dashboards, headrests, and insulation materials in the automotive industry.

Report Coverage

Key Benefits for Stakeholders:

• IMARC’s report presents a detailed analysis of methylene diphenyl diisocyanate (MDI) pricing, covering global and regional trends, spot prices at key ports, and a breakdown of Ex Works, FOB, and CIF prices.
• The study examines factors affecting methylene diphenyl diisocyanate (MDI) price trend, including raw material costs, supply-demand shifts, geopolitical impacts, and industry developments, offering insights for informed decision-making.
• The competitive landscape review equips stakeholders with crucial insights into the latest market news, regulatory changes, and technological advancements, ensuring a well-rounded, strategic overview for forecasting and planning.
• IMARC offers various subscription options, including monthly, quarterly, and biannual updates, allowing clients to stay informed with the latest market trends, ongoing developments, and comprehensive market insights. The methylene diphenyl diisocyanate (MDI) price charts ensure our clients remain at the forefront of the industry.