Global Isocyanates Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030
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 our (Global Info Research) latest study, the global Isocyanates market size was valued at US$ 31350 million in 2023 and is forecast to a readjusted size of USD 28300 million by 2030 with a CAGR of -1.5% during review period.
The major players in global Isocyanates market include Covestro, Wanhua Chemical, etc. The top 2 players occupy about 40% shares of the global market. China and Europe are main markets, they occupy about 65% of the global market. MDI is the main type, with a share about 65%. Polyurethane Foam is the main application, which holds a share about 80%.
This report is a detailed and comprehensive analysis for global Isocyanates market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2024, are provided.
Key Features:
Global Isocyanates market size and forecasts, in consumption value ($ Million), sales quantity (K MT), and average selling prices (USD/MT), 2019-2030
Global Isocyanates market size and forecasts by region and country, in consumption value ($ Million), sales quantity (K MT), and average selling prices (USD/MT), 2019-2030
Global Isocyanates market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (K MT), and average selling prices (USD/MT), 2019-2030
Global Isocyanates market shares of main players, shipments in revenue ($ Million), sales quantity (K MT), and ASP (USD/MT), 2019-2024
The Primary Objectives in This Report Are:
To determine the size of the total market opportunity of global and key countries
To assess the growth potential for Isocyanates
To forecast future growth in each product and end-use market
To assess competitive factors affecting the marketplace
This report profiles key players in the global Isocyanates market based on the following parameters - company overview, sales quantity, revenue, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Covestro, Evonik, Vencorex, BASF, Asahi Kasei, Wanhua Chemical, Huntsman, DOW, Tosoh, Mitsui, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.
Market Segmentation
Isocyanates market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.
Market segment by Type
ADI
MDI
TDI
Market segment by Application
Polyurethane Foam
Paints & Coatings
Adhesives & Sealants
Other
Major players covered
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
Market segment by region, regional analysis covers
North America (United States, Canada, and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Isocyanates product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Isocyanates, with price, sales quantity, revenue, and global market share of Isocyanates from 2019 to 2024.
Chapter 3, the Isocyanates competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Isocyanates breakdown data are shown at the regional level, to show the sales quantity, consumption value, and growth by regions, from 2019 to 2030.
Chapter 5 and 6, to segment the sales by Type and by Application, with sales market share and growth rate by Type, by Application, from 2019 to 2030.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value, and market share for key countries in the world, from 2019 to 2024.and Isocyanates market forecast, by regions, by Type, and by Application, with sales and revenue, from 2025 to 2030.
Chapter 12, market dynamics, drivers, restraints, trends, and Porters Five Forces analysis.
Chapter 13, the key raw materials and key suppliers, and industry chain of Isocyanates.
Chapter 14 and 15, to describe Isocyanates sales channel, distributors, customers, research findings and conclusion.