Note: The data mainly collects the production capacity and consumption of MDI / TDI / PO / PPG. Date source: PU daily

From 2019 to 2020, the production capacity of Main PU Raw Materials increased from 12.97 million tons to 14.22 million tons. In the first half of 2021, the production capacity reaches 15.98 million tons, with a growth rate of 12.3% over the same period, which shows an increasing trend year by year.

About the consumption, affected by the epidemic, the growth rate of China main polyurethane raw materials consumption in 2020 was relatively low, which almost same with 2019. But the consumption of main raw materials of Pu foam MDI in 2020 declined a lot compared with 2019. With the global epidemic gradually stabilized, the downstream demand rebounded in 2021, the demand of global market will become better and better.