Global MDI, TDI, Polyurethane Market: Insights and Forecast with Impact of COVID-19 (2021-2026)
The MDI, TDI and Polyurethane Market has been analysed By Region (North America, Europe, Asia Pacific, LAMEA) and By Country (United States, Canada, Germany, France, Italy, United Kingdom, Spain, China, Japan, South Korea).
By: Azoth Analytics
The major factors driving the market for MDI, TDI and Polyurethane include an increase in new households, rising average construction spending, rising government spending on sustainable building development, rapid urbanisation, and growth in disposable income across several economies.
The global pandemic has affected almost every sector in the world. The MDI, TDI and polyurethane market is expected to be negatively affected due to disruptions in the global supply chain. The market is highly dependent on the building & construction, automotive and consumer goods industries. The demand for construction equipment declined significantly in the first quarter of 2020, mainly due to the outbreak of COVID-19.
Scope of the Report
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