Global Polyisocyanates Market 2024-2028
The polyisocyanates market is forecasted to grow by USD 1263 mn during 2023-2028, accelerating at a CAGR of 5.57% during the forecast period. The report on the polyisocyanates market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by growth in construction industry, increasing use of e-commerce sites to purchase polyisocyanates, and surging demand for bedding and furniture.
Technavio's polyisocyanates market is segmented as below:
- By Type
- Aliphatic
- Aromatic
- By Application
- Coating
- Foam
- Adhesive
- By Geographical Landscape
- APAC
- North America
- Europe
- Middle East and Africa
- South America
This study identifies the increasing demand for bio-based polyisocyanates as one of the prime reasons driving the polyisocyanates market growth during the next few years. Also, integration of digital technologies for process optimization and product development and growing shift toward flexible polyurethane foams will lead to sizable demand in the market.
The report on the polyisocyanates market covers the following areas:
- Polyisocyanates market sizing
- Polyisocyanates market forecast
- Polyisocyanates market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading polyisocyanates market vendors that include Anhui Sinograce Chemical Co. Ltd., Asahi Kasei Corp., BASF SE, Bogao Synthetic Material Co. Ltd., BorsodChem, China National Bluestar (Group) Co.Ltd., Covestro AG, DIC Corp., Dow Inc., Doxu Group, Evonik Industries AG, Huntsman Corp., JIAHUA CHEMICALS INC., Merck KGaA, Mitsui Chemicals Inc., N Shashikant and Co., Shandong INOV Polyurethane Co. Ltd., Super Urecoat Industries, Tosoh Corp., and Vencorex. Also, the polyisocyanates market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.