Global Isocyanates Market by Size, by Type, by Application, by Region, History and Forecast 2020-2031

Summary

Blocked isocyanate refers to a compound prepared by blocking a blocked group of isocyanate groups (-NCO) by a deblocking reaction that cannot be carried out at a lower temperature. This compound does not undergo polymerization at room temperature, but at a certain temperature and other conditions, the isocyanate groups in the blocked polyurethane can be regenerated, and a crosslinking reaction occurs to form a thermosetting polyurethane. The isocyanate group is blocked by reacting an isocyanate or a prepolymer containing a free isocyanate group with some active hydrogen-containing substance or a substance capable of reacting with an isocyanate group, so that the free isocyanate group is not reactive at normal temperature, that is, isocyanate is achieved. The base is closed. This blocking reaction is a reversible reaction under certain conditions, so that the blocked isocyanate group can function again.

According to APO Research, The global Isocyanates market is projected to grow from US$ million in 2025 to US$ million by 2031, at a Compound Annual Growth Rate (CAGR) of % during the forecast period.

The US & Canada market for Isocyanates is estimated to increase from $ million in 2025 to reach $ million by 2031, at a CAGR of % during the forecast period of 2025 through 2031.

Asia-Pacific market for Isocyanates is estimated to increase from $ million in 2025 to reach $ million by 2031, at a CAGR of % during the forecast period of 2025 through 2031.

The China market for Isocyanates is estimated to increase from $ million in 2025 to reach $ million by 2031, at a CAGR of % during the forecast period of 2025 through 2031.

Europe market for Isocyanates is estimated to increase from $ million in 2025 to reach $ million by 2031, at a CAGR of % during the forecast period of 2025 through 2031.

The major global manufacturers of Isocyanates include Covestro, Evonik, Vencorex, BASF, Asahi Kasei, Wanhua Chemical, Huntsman, DOW and Tosoh, etc. In 2024, the world's top three vendors accounted for approximately % of the revenue.

In terms of production side, this report researches the Isocyanates production, growth rate, market share by manufacturers and by region (region level and country level), from 2020 to 2025, and forecast to 2031.

In terms of consumption side, this report focuses on the sales of Isocyanates by region (region level and country level), by company, by type and by application. from 2020 to 2025 and forecast to 2031.

This report presents an overview of global market for Isocyanates, capacity, output, revenue and price. Analyses of the global market trends, with historic market revenue or sales data for 2020 - 2024, estimates for 2025, and projections of CAGR through 2031.

This report researches the key producers of Isocyanates, also provides the consumption of main regions and countries. Of the upcoming market potential for Isocyanates, and key regions or countries of focus to forecast this market into various segments and sub-segments. Country specific data and market value analysis for the U.S., Canada, Mexico, Brazil, China, Japan, South Korea, Southeast Asia, India, Germany, the U.K., Italy, Middle East, Africa, and Other Countries.

This report focuses on the Isocyanates sales, revenue, market share and industry ranking of main manufacturers, data from 2020 to 2025. Identification of the major stakeholders in the global Isocyanates market, and analysis of their competitive landscape and market positioning based on recent developments and segmental revenues. This report will help stakeholders to understand the competitive landscape and gain more insights and position their businesses and market strategies in a better way.

This report analyzes the segments data by type and by application, sales, revenue, and price, from 2020 to 2031. Evaluation and forecast the market size for Isocyanates sales, projected growth trends, production technology, application and end-user industry.


Isocyanates Segment by Company

Covestro
Evonik
Vencorex
BASF
Asahi Kasei
Wanhua Chemical
Huntsman
DOW
Tosoh
Mitsui
Hanwha Chemical
GNFC
OCI
Cangzhou Dahua
Gansu Yinguang
Juli Fine Chemical
Fujian Southeast Electrochemical

Isocyanates Segment by Type

ADI
MDI
TDI

Isocyanates Segment by Application

Polyurethane Foam
Paints & Coatings
Adhesives & Sealants
Other

Isocyanates Segment by Region

North America
United States
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Spain
Netherlands
Switzerland
Sweden
Poland
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Southeast Asia
South America
Brazil
Argentina
Chile
Colombia
Middle East & Africa
Egypt
South Africa
Israel
Türkiye
GCC Countries

Study Objectives

1. To analyze and research the global status and future forecast, involving, production, value, consumption, growth rate (CAGR), market share, historical and forecast.
2. To present the key manufacturers, capacity, production, revenue, market share, and Recent Developments.
3. To split the breakdown data by regions, type, manufacturers, and Application.
4. To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints, and risks.
5. To identify significant trends, drivers, influence factors in global and regions.
6. To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.

Reasons to Buy This Report

1. This report will help the readers to understand the competition within the industries and strategies for the competitive environment to enhance the potential profit. The report also focuses on the competitive landscape of the global Isocyanates market, and introduces in detail the market share, industry ranking, competitor ecosystem, market performance, new product development, operation situation, expansion, and acquisition. etc. of the main players, which helps the readers to identify the main competitors and deeply understand the competition pattern of the market.
2. This report will help stakeholders to understand the global industry status and trends of Isocyanates and provides them with information on key market drivers, restraints, challenges, and opportunities.
3. This report will help stakeholders to understand competitors better and gain more insights to strengthen their position in their businesses. The competitive landscape section includes the market share and rank (in volume and value), competitor ecosystem, new product development, expansion, and acquisition.
4. This report stays updated with novel technology integration, features, and the latest developments in the market.
5. This report helps stakeholders to gain insights into which regions to target globally.
6. This report helps stakeholders to gain insights into the end-user perception concerning the adoption of Isocyanates.
7. This report helps stakeholders to identify some of the key players in the market and understand their valuable contribution.

Chapter Outline

Chapter 1: Provides an overview of the Isocyanates market, including product definition, global market growth prospects, production value, capacity, and average price forecasts (2020-2031).
Chapter 2: Analysis key trends, drivers, challenges, and opportunities within the global Isocyanates industry.
Chapter 3: Detailed analysis of Isocyanates market competition landscape. Including Isocyanates manufacturers' output value, output and average price from 2020 to 2025, as well as competition analysis indicators such as origin, product type, application, merger and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 7: Production/Production Value of Isocyanates by region. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 8: Consumption of Isocyanates in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and production of each country in the world.
Chapter 9: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 10: Concluding Insights of the report.

Please Note: Single-User license will be delivered via PDF from the publisher without the rights to print or to edit.


1 Market Overview
1.1 Product Definition
1.2 Global Market Growth Prospects
1.2.1 Global Isocyanates Production Value Estimates and Forecasts (2020-2031)
1.2.2 Global Isocyanates Production Capacity Estimates and Forecasts (2020-2031)
1.2.3 Global Isocyanates Production Estimates and Forecasts (2020-2031)
1.2.4 Global Isocyanates Market Average Price (2020-2031)
1.3 Assumptions and Limitations
1.4 Study Goals and Objectives
2 Global Isocyanates Market Dynamics
2.1 Isocyanates Industry Trends
2.2 Isocyanates Industry Drivers
2.3 Isocyanates Industry Opportunities and Challenges
2.4 Isocyanates Industry Restraints
3 Isocyanates Market by Manufacturers
3.1 Global Isocyanates Production Value by Manufacturers (2020-2025)
3.2 Global Isocyanates Production by Manufacturers (2020-2025)
3.3 Global Isocyanates Average Price by Manufacturers (2020-2025)
3.4 Global Isocyanates Industry Manufacturers Ranking, 2023 VS 2024 VS 2025
3.5 Global Isocyanates Key Manufacturers Manufacturing Sites & Headquarters
3.6 Global Isocyanates Manufacturers, Product Type & Application
3.7 Global Isocyanates Manufacturers Established Date
3.8 Market Competitive Analysis
3.8.1 Global Isocyanates Market CR5 and HHI
3.8.2 Global Top 5 and 10 Isocyanates Players Market Share by Production Value in 2024
3.8.3 2024 Isocyanates Tier 1, Tier 2, and Tier 3
4 Isocyanates Market by Type
4.1 Isocyanates Type Introduction
4.1.1 ADI
4.1.2 MDI
4.1.3 TDI
4.2 Global Isocyanates Production by Type
4.2.1 Global Isocyanates Production by Type (2020 VS 2024 VS 2031)
4.2.2 Global Isocyanates Production by Type (2020-2031)
4.2.3 Global Isocyanates Production Market Share by Type (2020-2031)
4.3 Global Isocyanates Production Value by Type
4.3.1 Global Isocyanates Production Value by Type (2020 VS 2024 VS 2031)
4.3.2 Global Isocyanates Production Value by Type (2020-2031)
4.3.3 Global Isocyanates Production Value Market Share by Type (2020-2031)
5 Isocyanates Market by Application
5.1 Isocyanates Application Introduction
5.1.1 Polyurethane Foam
5.1.2 Paints & Coatings
5.1.3 Adhesives & Sealants
5.1.4 Other
5.2 Global Isocyanates Production by Application
5.2.1 Global Isocyanates Production by Application (2020 VS 2024 VS 2031)
5.2.2 Global Isocyanates Production by Application (2020-2031)
5.2.3 Global Isocyanates Production Market Share by Application (2020-2031)
5.3 Global Isocyanates Production Value by Application
5.3.1 Global Isocyanates Production Value by Application (2020 VS 2024 VS 2031)
5.3.2 Global Isocyanates Production Value by Application (2020-2031)
5.3.3 Global Isocyanates Production Value Market Share by Application (2020-2031)
6 Company Profiles
6.1 Covestro
6.1.1 Covestro Comapny Information
6.1.2 Covestro Business Overview
6.1.3 Covestro Isocyanates Production, Value and Gross Margin (2020-2025)
6.1.4 Covestro Isocyanates Product Portfolio
6.1.5 Covestro Recent Developments
6.2 Evonik
6.2.1 Evonik Comapny Information
6.2.2 Evonik Business Overview
6.2.3 Evonik Isocyanates Production, Value and Gross Margin (2020-2025)
6.2.4 Evonik Isocyanates Product Portfolio
6.2.5 Evonik Recent Developments
6.3 Vencorex
6.3.1 Vencorex Comapny Information
6.3.2 Vencorex Business Overview
6.3.3 Vencorex Isocyanates Production, Value and Gross Margin (2020-2025)
6.3.4 Vencorex Isocyanates Product Portfolio
6.3.5 Vencorex Recent Developments
6.4 BASF
6.4.1 BASF Comapny Information
6.4.2 BASF Business Overview
6.4.3 BASF Isocyanates Production, Value and Gross Margin (2020-2025)
6.4.4 BASF Isocyanates Product Portfolio
6.4.5 BASF Recent Developments
6.5 Asahi Kasei
6.5.1 Asahi Kasei Comapny Information
6.5.2 Asahi Kasei Business Overview
6.5.3 Asahi Kasei Isocyanates Production, Value and Gross Margin (2020-2025)
6.5.4 Asahi Kasei Isocyanates Product Portfolio
6.5.5 Asahi Kasei Recent Developments
6.6 Wanhua Chemical
6.6.1 Wanhua Chemical Comapny Information
6.6.2 Wanhua Chemical Business Overview
6.6.3 Wanhua Chemical Isocyanates Production, Value and Gross Margin (2020-2025)
6.6.4 Wanhua Chemical Isocyanates Product Portfolio
6.6.5 Wanhua Chemical Recent Developments
6.7 Huntsman
6.7.1 Huntsman Comapny Information
6.7.2 Huntsman Business Overview
6.7.3 Huntsman Isocyanates Production, Value and Gross Margin (2020-2025)
6.7.4 Huntsman Isocyanates Product Portfolio
6.7.5 Huntsman Recent Developments
6.8 DOW
6.8.1 DOW Comapny Information
6.8.2 DOW Business Overview
6.8.3 DOW Isocyanates Production, Value and Gross Margin (2020-2025)
6.8.4 DOW Isocyanates Product Portfolio
6.8.5 DOW Recent Developments
6.9 Tosoh
6.9.1 Tosoh Comapny Information
6.9.2 Tosoh Business Overview
6.9.3 Tosoh Isocyanates Production, Value and Gross Margin (2020-2025)
6.9.4 Tosoh Isocyanates Product Portfolio
6.9.5 Tosoh Recent Developments
6.10 Mitsui
6.10.1 Mitsui Comapny Information
6.10.2 Mitsui Business Overview
6.10.3 Mitsui Isocyanates Production, Value and Gross Margin (2020-2025)
6.10.4 Mitsui Isocyanates Product Portfolio
6.10.5 Mitsui Recent Developments
6.11 Hanwha Chemical
6.11.1 Hanwha Chemical Comapny Information
6.11.2 Hanwha Chemical Business Overview
6.11.3 Hanwha Chemical Isocyanates Production, Value and Gross Margin (2020-2025)
6.11.4 Hanwha Chemical Isocyanates Product Portfolio
6.11.5 Hanwha Chemical Recent Developments
6.12 GNFC
6.12.1 GNFC Comapny Information
6.12.2 GNFC Business Overview
6.12.3 GNFC Isocyanates Production, Value and Gross Margin (2020-2025)
6.12.4 GNFC Isocyanates Product Portfolio
6.12.5 GNFC Recent Developments
6.13 OCI
6.13.1 OCI Comapny Information
6.13.2 OCI Business Overview
6.13.3 OCI Isocyanates Production, Value and Gross Margin (2020-2025)
6.13.4 OCI Isocyanates Product Portfolio
6.13.5 OCI Recent Developments
6.14 Cangzhou Dahua
6.14.1 Cangzhou Dahua Comapny Information
6.14.2 Cangzhou Dahua Business Overview
6.14.3 Cangzhou Dahua Isocyanates Production, Value and Gross Margin (2020-2025)
6.14.4 Cangzhou Dahua Isocyanates Product Portfolio
6.14.5 Cangzhou Dahua Recent Developments
6.15 Gansu Yinguang
6.15.1 Gansu Yinguang Comapny Information
6.15.2 Gansu Yinguang Business Overview
6.15.3 Gansu Yinguang Isocyanates Production, Value and Gross Margin (2020-2025)
6.15.4 Gansu Yinguang Isocyanates Product Portfolio
6.15.5 Gansu Yinguang Recent Developments
6.16 Juli Fine Chemical
6.16.1 Juli Fine Chemical Comapny Information
6.16.2 Juli Fine Chemical Business Overview
6.16.3 Juli Fine Chemical Isocyanates Production, Value and Gross Margin (2020-2025)
6.16.4 Juli Fine Chemical Isocyanates Product Portfolio
6.16.5 Juli Fine Chemical Recent Developments
6.17 Fujian Southeast Electrochemical
6.17.1 Fujian Southeast Electrochemical Comapny Information
6.17.2 Fujian Southeast Electrochemical Business Overview
6.17.3 Fujian Southeast Electrochemical Isocyanates Production, Value and Gross Margin (2020-2025)
6.17.4 Fujian Southeast Electrochemical Isocyanates Product Portfolio
6.17.5 Fujian Southeast Electrochemical Recent Developments
7 Global Isocyanates Production by Region
7.1 Global Isocyanates Production by Region: 2020 VS 2024 VS 2031
7.2 Global Isocyanates Production by Region (2020-2031)
7.2.1 Global Isocyanates Production by Region: 2020-2025
7.2.2 Global Isocyanates Production Forecast by Region: 2026-2031
7.3 Global Isocyanates Production by Region: 2020 VS 2024 VS 2031
7.4 Global Isocyanates Production Value by Region (2020-2031)
7.4.1 Global Isocyanates Production Value by Region: 2020-2025
7.4.2 Global Isocyanates Production Value by Region (2026-2031)
7.5 Global Isocyanates Market Price Analysis by Region (2020-2031)
7.6 Regional Production Value Trends (2020-2031)
7.6.1 North America Isocyanates Production Value (2020-2031)
7.6.2 Europe Isocyanates Production Value (2020-2031)
7.6.3 Asia-Pacific Isocyanates Production Value (2020-2031)
7.6.4 South America Isocyanates Production Value (2020-2031)
7.6.5 Middle East & Africa Isocyanates Production Value (2020-2031)
8 Global Isocyanates Consumption by Region
8.1 Global Isocyanates Consumption by Region: 2020 VS 2024 VS 2031
8.2 Global Isocyanates Consumption by Region (2020-2031)
8.2.1 Global Isocyanates Consumption by Region (2020-2025)
8.2.2 Global Isocyanates Consumption by Region (2026-2031)
8.3 North America
8.3.1 North America Isocyanates Consumption Growth Rate by Country: 2020 VS 2024 VS 2031
8.3.2 North America Isocyanates Consumption by Country (2020-2031)
8.3.3 U.S.
8.3.4 Canada
8.3.5 Mexico
8.4 Europe
8.4.1 Europe Isocyanates Consumption Growth Rate by Country: 2020 VS 2024 VS 2031
8.4.2 Europe Isocyanates Consumption by Country (2020-2031)
8.4.3 Germany
8.4.4 France
8.4.5 U.K.
8.4.6 Italy
8.4.7 Netherlands
8.5 Asia Pacific
8.5.1 Asia Pacific Isocyanates Consumption Growth Rate by Country: 2020 VS 2024 VS 2031
8.5.2 Asia Pacific Isocyanates Consumption by Country (2020-2031)
8.5.3 China
8.5.4 Japan
8.5.5 South Korea
8.5.6 Southeast Asia
8.5.7 India
8.5.8 Australia
8.6 South America
8.6.1 South America Isocyanates Consumption Growth Rate by Country: 2020 VS 2024 VS 2031
8.6.2 South America Isocyanates Consumption by Country (2020-2031)
8.6.3 Brazil
8.6.4 Argentina
8.6.5 Chile
8.6.6 Colombia
8.7 Middle East & Africa
8.7.1 Middle East & Africa Isocyanates Consumption Growth Rate by Country: 2020 VS 2024 VS 2031
8.7.2 Middle East & Africa Isocyanates Consumption by Country (2020-2031)
8.7.3 Egypt
8.7.4 South Africa
8.7.5 Israel
8.7.6 Türkiye
8.7.7 GCC Countries
9 Value Chain and Sales Channels Analysis
9.1 Isocyanates Value Chain Analysis
9.1.1 Isocyanates Key Raw Materials
9.1.2 Raw Materials Key Suppliers
9.1.3 Manufacturing Cost Structure
9.1.4 Isocyanates Production Mode & Process
9.2 Isocyanates Sales Channels Analysis
9.2.1 Direct Comparison with Distribution Share
9.2.2 Isocyanates Distributors
9.2.3 Isocyanates Customers
10 Concluding Insights
11 Appendix
11.1 Reasons for Doing This Study
11.2 Research Methodology
11.3 Research Process
11.4 Authors List of This Report
11.5 Data Source
11.5.1 Secondary Sources
11.5.2 Primary Sources
11.6 Disclaimer

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