MDI The Global Outlook Is Exceptionally Attractive, With An Average Annual Growth Rate Of 5%.

Market demand in Europe and the US is rising, and global MDI demand will be higher than expected in the next few years.

According to the prediction of RSI consulting company in the United States, the annual growth rate of demand in Western Europe and North America in the two largest demand markets for MDI is 4.5% and 5% respectively in the next 5 years. Because of the widely accepted and deepened understanding of global warming, the legislation of environmental protection in the European and American countries has become mandatory. Recently, the changes in environmental protection and energy saving laws in Europe and the United States have made the original part of the demand for MDI slowing down again, and the growth rate of demand in Europe and the United States MDI has rapidly increased from 4-5% to 7-9%, and the growth rate has almost doubled.

In 2006, Texas took the lead in modifying the housing energy efficiency standards in the states of the United States, and increased the demand for polyurethane insulation materials. In the following six months, 6 States quickly followed up the modification of the housing energy conservation standards, and nearly 20 of the states that revised the housing energy saving standards this year.

This year, California in the United States took the lead in legislating that the artificial boards, including furniture and interior decoration, which were banned from urea formaldehyde resin, should be banned from entering the California market since September. Since December 31, 2008, the artificial boards with phenolic resin as the binder have been banned from entering the California market. The implementation of this law has made the consumption of MDI in the adhesive industry rapidly increase.

According to the legislative practice in the United States, other states are expected to imitate California in the environmental requirements of man-made boards, and gradually ban the entry of artificial boards with urea formaldehyde resin and phenolic resin as binder. This will not only promote the pformation of furniture and decoration manufacturers in the United States to environmental friendly sheets with MDI as adhesive, but also encourage furniture manufacturers in the United States as the main export market, including many furniture export enterprises in China, using environmentally-friendly panels to increase the use of MDI.

At the same time, in Europe, Britain, Germany, France, Holland, Spain and other countries that pay more attention to environmental protection and energy saving have also acted in relevant laws and become more stringent. They also make the market for energy saving and environmental protection materials that have already been in the slow growth trend of MDI demand a new acceleration.

As the MDI consumption in Europe and the United States accounts for nearly 2/3 of the global consumption ratio, its growth rate is picking up the demand for the global market. It is estimated that the growth rate of global MDI demand will be around 8% in the next few years, of which the average annual growth rate in Europe and the United States is more than 7%, and that in the Asia Pacific region will be 8%, and China will continue to maintain an increase of more than 15%.