• +1 513 549 5911 (U.S.)
  • +44 203 318 2846 (U.K.)

30 mins free consultation for each report        Upto 50% Discounts for Highest selling reports

Isocyanate Market

Isocyanate Market Research Report - by Product Type (Toluene Diisocyanate, Methylene Diphenyl Diisocyanate, Aliphatic Isocyanate, and Others), End-user Industry (Automotive, Electrical and Electronics, Building & Construction, and Others), Application(Flexible Foams, Paints & Coatings, Rigid Foams, Elastomers & Binders, Adhesives & Sealants, and Others) and forecast till 2025


Market Scenario:
Isocyanates are a group of low-molecular-weight, highly reactive chemicals, which are frequently dissolved in aromatic solvents such as toluene and xylene that are toxic. These are very reactive materials which are used for manufacturing polyurethane products such as polyurethane foam, chemicals, surface coatings, insulation materials, car seats, furniture, foam mattresses, packaging materials, shoes, under-carpet padding, laminated fabrics, polyurethane rubber, and adhesives. These are categorized as polyisocyanate and diisocyanate, based on the number of the isocyanate group. The polyisocyanate contains multiple groups of isocyanates and is primarily derived from diisocyanates. Another most important type of polyisocyanate is HDI isocyanurate and HDI biuret.

Due to the increasing urbanization and industrialization, various organizations are expanding their market. Production of high-efficiency bio-based isocyanate is one of the important factor influencing the market.

Rising awareness of energy crisis leading to the growing demand for energy-efficient structures together with government regulations and incentives to encourage energy efficient structures are the key factors driving the demand for the market. In addition to it, demand from emerging economies, high demand from current & emerging applications, and advancements in technology are the other factors driving the market. However, higher raw material cost and huge investments required in research and development (R&D) and technology are the factors hampering the growth of the market. Moreover, the major challenge in the market is its increasing prices, owing to the rising feedstock costs. The rising industrialization and urbanization in the developing regions across the globe are estimated to enhance the market during the forecast years.

Regional Analysis:
The global isocyanate market is segmented on the basis of the region covering North America, Asia Pacific, Europe, and LAMEA. The Asia Pacific is estimated as the leading region in the market and is expected to grow at a considerable rate during the forecast period. The rapid growth of the urbanization and industries is accelerating the growth of the market in the developing countries of Asia Pacific. Additionally, the favorable government regulations such as incentives and tax benefits in the region have involved several industry players to enter the market, which, in turn, is propelling the market growth. The presence of most populated economies such as Indian and China has augmented the construction and automobile sector, which is further contributing to the market growth.  China, India, and Japan are the largest consumers of isocyanate in this region.

North America is also considered as another dominant region in the market, owing to the developed end-user industries such as transportation, construction, and electronics among others. Furthermore, remodeling of infrastructure and growing investment in the construction, mainly in Canada and the U.S., boosted the demand further.

The European market is also considered as a prominent market primarily driven by the developed electrical and automobile sector. The increasing use of isocyanate in additives and sealants, paints & coatings, and flexible & rigid foams has surged the demand for the electrical & electronic as well as automotive sector.

Key Players:
•    Bayer Material Science (Germany)
•    Chemtura Corporation (U.S.)
•    Dow Chemical Company (U.S.)
•    Ashai Kasei (Japan)
•    BASF SE (Germany)
•    Evonik Industries (Germany)
•    Kumho Mitsui Chemicals Inc (South Korea)
•    Mitsui Chemicals Inc (Japan)
•    Hebei Cangzhou Dahua Group Co. Ltd (China)
•    Huntsman Corporation (U.S.)
•    Vencorex (France)
•    Yantai Wanhua Polyurethanes Co. Ltd. (China), and Others.

Business Intelligence:
Specialty chemicals company LANXESS acquired Chemtura, the U.S. company, one of the world’s leading suppliers of lubricant additives and flame retardant, in April 2017.

Isocyanate Market Segmentation:
By Product Type: 

•    Toluene Diisocyanate
•    Methylene Diphenyl Diisocyanate
•    Aliphatic Isocyanate
•    Others

By Application: 
•    Paints & Coatings
•    Elastomers & Binders
•    Rigid Foams
•    Flexible Foams
•    Adhesives & Sealants
•    Others

By End-user Industry: 
•    Automotive
•    Electrical and Electronics 
•    Building & Construction
•    Others

By Region:
•    North America
o    The U.S.
o    Canada
o    Mexico
•    Europe
o    Germany
o    UK
o    Russia
o    France
o    Italy
o    Spain
o    Rest of Europe
•    Asia Pacific
o    China
o    India
o    Japan
o    Australia 
o    Rest of Asia Pacific
•    LAMEA
o    Brazil
o    South Africa
o    Saudi Arabia
o    Rest of LAMEA


									

	

Related Reports

Global Smart Fabrics and Interactive Textiles Market Study and Trend Research 2015-2025

Snapshot The global Smart Fabrics and Interactive Textiles market will reach xxx Million USD in 2018 and with a CAGR if xx% between 2019-2025. Product Type Coverage (Market Size & Forecast, Major Com ...read more

Global Slideway Oil Market Study and Trend Research 2015-2025

Snapshot The global Slideway Oil market will reach xxx Million USD in 2018 and with a CAGR if xx% between 2019-2025. Product Type Coverage (Market Size & Forecast, Major Company of Product Type etc.) ...read more

Global Sizing Agents Market Study and Trend Research 2015-2025

Snapshot The global Sizing Agents market will reach xxx Million USD in 2018 and with a CAGR if xx% between 2019-2025. Product Type Coverage (Market Size & Forecast, Major Company of Product Type etc. ...read more

Global Single-Walled Carbon Nanotubes Market Study and Trend Research 2015-2025

Snapshot The global Single-Walled Carbon Nanotubes market will reach xxx Million USD in 2018 and with a CAGR if xx% between 2019-2025. Product Type Coverage (Market Size & Forecast, Major Company of ...read more

Global Single layer Anti-Reflective (AR) Glass Market Study and Trend Research 2015-2025

Snapshot The global Single layer Anti-Reflective (AR) Glass market will reach xxx Million USD in 2018 and with a CAGR if xx% between 2019-2025. Product Type Coverage (Market Size & Forecast, Major Co ...read more

Choose License Type

Single User - This is a single user license, allowing one specific user access to the product.

Multi User - This is a 1-5 user licence, allowing up to five users have access to the product.

Enterprise User - This is an enterprise license, allowing all employees within your organisation access to the product. The report will be emailed to you.

Why Choose Us

  • Lowest Price Guarantee
  • We offer the lowest prices for the listed reports
  • Data Security
  • Your data is safe and secure
  • Vast Report Database
  • We have more than 2 Million reports in our database
  • Client Focused
  • Personalized updates and 24*7 support
  • Trusted Source and Quality
  • We only work with reputable partners providing high quality research and support
  • Market Segmentation
  • We provide alternative views of the market to help you identify where the real opportunities lie
  • Bulk Discounts
  • We offer great discounts on purchase of multiple reports

How To Reach Us

Reach out to our most senior Sales Professional- Jay Matthews
   +1 513 549 5911 (US)
          +44 203 318 2846 (UK)
   sales@reportsmonitor.com

Our Clients

Testimonials

Well structured, the insights they shared with us were very helpful and reliable. Their timely assistance make their services invaluable to us. I would highly recommend them and would definitely use them again in the future if needed.
-VP of a Automotive division in Germany

The report sent to us was on the point, and its information was quite extensive, well structured, and well researched. More importantly what we valued was your response time and professionalism. As a leading global consulting firm, our clients expect high quality deliverables in short periods of time, so a reliable research partner is essential. For the price that you have charged the quality of your services were exceptional. We look forward to continue our relationship with your team on future engagements
-Product Manager at US based Manufacturer

Coherent, high-quality, thoroughly-researched reports. We received a very quick response to all our queries which eventually expedited the entire process
--Marketing Manager at a pharma company in Belgium

Enquire Before Buying

Need to ask a quick question before buying? Please fill out this short form:

Our Features

Wide Network of Publishers

Wide Network of Publishers

Access to over 1M+ market research reports

Trusted by the Best

Trusted by the Best

50+ Clients in Fortune 500

Competitive Pricing

Competitive Pricing

Our regular promotional offers and discounts make us the most economic seller of market reports

Safe and Secure

Safe and Secure

Your payment details are protected by us.