Global Isocyanate Market Growth 2023-2029

Global Isocyanate Market Growth 2023-2029

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.

LPI (LP Information)' newest research report, the “Isocyanate Industry Forecast” looks at past sales and reviews total world Isocyanate sales in 2022, providing a comprehensive analysis by region and market sector of projected Isocyanate sales for 2023 through 2029. With Isocyanate sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Isocyanate industry.

This Insight Report provides a comprehensive analysis of the global Isocyanate landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Isocyanate portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Isocyanate market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Isocyanate and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Isocyanate.

The global Isocyanate market size is projected to grow from US$ 30300 million in 2022 to US$ 37810 million in 2029; it is expected to grow at a CAGR of 37810 from 2023 to 2029.

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 95%.

This report presents a comprehensive overview, market shares, and growth opportunities of Isocyanate market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type
Water-based Blocked Isocyanate
Solvent-based Blocked Isocyanate

Segmentation by application
Single-Component Coating
Adhesive
Other

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
BAXENDEN
Vencorex
Covestro
Evonik
Rudolf
EMS
Leeson Polyurethanes
DIC
Asahi KASEI
Tosoh
Mitsui Chemicals
Meisei Chem
Jiang Xing Industry
Cale Chem
Shiquanxing
BoGao

Key Questions Addressed in this Report

What is the 10-year outlook for the global Isocyanate market?

What factors are driving Isocyanate market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Isocyanate market opportunities vary by end market size?

How does Isocyanate break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.