The hottest MDI demand will exceed the global GDP

2022-09-22
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MDI demand will exceed the global GDP growth

it is reported that during the economic crisis, the sharp decline in global MDI demand is most likely to occur in the primary use of films such as express packaging and tape, especially from the automotive, energy and construction industries. However, as the market starts to recover, the construction of a large number of infrastructure projects and the implementation of the government backup plan, the global demand for MDI will exceed the global GDP growth

China is a big consumer of MDI. The continuous flow of new projects and capacity expansion make China's annual demand for MDI account for 16% of the total. Central and Eastern Europe is also an important region for MDI consumption, so the production capacity of Europe has been greatly improved

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