Isocyanates Market - Growth, Trends, COVID-19 Impact, and Forecasts (2023 - 2028)
The isocyanates market is expected to grow at a CAGR of over 6% during the forecast period.
COVID-19 impacted the isocyanates industry negatively due to the temporary shutdown of the production facilities and the supply chain disruption. However, the demand for isocyanates in the paints and coatings market propelled the consumption post-pandemic.
Key HighlightsThe isocyanate market is partly consolidated as the global market share is divided among a few companies. Some of the key players in the market include Dow, BASF SE, Evonik Industries, Tosoh Corporation, and Mitsui Chemicals, Inc., among others (not in any particular order).
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