Global Isocyanate Market - By Type, Application, Region - Market Size, Demand Forecasts, Industry Trends and Updates (2016-2022)

  • ID: 4391397
  • Report
  • Region: Global
  • 134 pages
  • Oristep Consulting
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FEATURED COMPANIES

  • Ashai Kasei (Japan)
  • BASF SE (Germany)
  • Trelleborg AB
  • Woodbridge foam corp
  • MORE
Isocyanates are compounds containing the isocyanate group (-NCO). They react with compounds containing alcohol (hydroxyl) groups to produce polyurethane polymers. Isocyanates are manufactured by treating amines with phosgene. These are utilized in the production of rigid foams, adhesives, elastomers and coatings, to paint and water proof coating of cars, etc. Isocyanates are used as insulators in electronic industry and as vehicle exterior to reduce vehicle weight in automotive industry.

Supply-Demand Scenario:

The Global Isocyanates Market was USD 29.57 billion in 2016 and is estimated to reach USD 47.24 billion by 2022 at a CAGR of 8.02% for the forecasted period. Developing isocyanate for infrastructure market is a key opportunity for isocyanate market. Currently, the annual world spending is approximately $2.5 trillion on infrastructure development and is expected to increase significantly during the forecasted period.

Growth by Region:

Asia pacific has the major market size on the basis of rising end users industries such as electronics, construction, and automotive in developing market of China and India. Europe banned 46 chemical products such as MDI contents products, and polyurethane products due to its toxic nature. Moreover, Asia pacific is dominating in automotive market.

Drivers Vs. Constraints:

The factors that drive growth in the market include high demand from current & emerging applications, demand from emerging economies, and advancement in technology. Construction and automotive industry, a major end-user industry of isocyanate is on a boom globally. This will increase the demand for isocyanate and isocyanate-based derivatives such as rigid foams, coatings, adhesives and sealants. Since, so any growth in these industries will directly impact the demand of these products.

The factors that are providing hindrance in the growth of this market are the high raw material cost and huge investments required in R&D and technology.

Industry Structure and Updates:

The isocyanate manufacturers are focusing on expansion activities to cater to the increasing demand for isocyanate in various end-user industries in emerging economies. Companies are also increasing their R&D activities, in order to develop new products such as bio-based isocyanate, and to improve their production technologies. Some of the isocyanate manufacturers are acquiring other companies to increase their market share and strengthen their market condition
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Note: Product cover images may vary from those shown
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FEATURED COMPANIES

  • Ashai Kasei (Japan)
  • BASF SE (Germany)
  • Trelleborg AB
  • Woodbridge foam corp
  • MORE
1. Research Methodology

2. Executive Summary

3. Market Overview
  • Definition
  • Industry Value Chain Analysis
  • Porter's 5 Forces
  • Regulations
4. Market Dynamics
  • Introduction
  • Drivers
  • Constraints
  • Opportunities
5. Global Isocyanate Market Segmentation, Forecasts and Trends - By Revenue

6. By Type
  • Methylene diphenly diisocyanate (MDI)
  • Toluene diisocyanate (TDI)
  • Aliphatic isocyanate
  • Others
7. By Application
  • Rigid foam
  • Flexible foam
  • Paints & coatings
  • Adhesives & sealants
  • Elastomers & binders
  • Others
8. By Region
  • North America
  • US
  • Canada
  • Europe
  • UK
  • France
  • Germany
  • Italy
  • Others
  • Asia Pacific
  • China
  • India
  • Japan
  • Australia
  • Others
  • Latin America
  • Brazil
  • Mexico
  • Argentina
  • Others
  • Middle East and Africa
  • United Arab Emirates
  • Saudi Arabia
  • South Africa
  • Others
9. Vendor Market Share Analysis

10. Company Profiles
  • Ashai Kasei (Japan)
  • BASF SE (Germany)
  • Bayer MaterialScience (Germany)
  • Chemtura Corporation (U.S.)
  • Dow Chemical Company ( U.S.)
  • Evonik Industries (Germany)
  • Hebei Cangzhou Dahua Group Co. Ltd (China)
  • Huntsman Corporation (U.S.)
  • Kumho Mitsui Chemicals Inc ( South Korea)
  • Mitsui Chemicals Inc ( Japan), Vencorex (France)
  • Yantai Wanhua Polyurethanes Co. Ltd. (China)
  • Trelleborg AB
  • Woodbridge foam corp
  • Others
11. Industry Structure
  • Industry M&As, Consolidations
  • Investment Opportunities
  • Global Isocyanate Market - Road Ahead
  • Tables
  • Disclaimer
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  • Ashai Kasei (Japan)
  • BASF SE (Germany)
  • Bayer MaterialScience (Germany)
  • Chemtura Corporation (U.S.)
  • Dow Chemical Company ( U.S.)
  • Evonik Industries (Germany)
  • Hebei Cangzhou Dahua Group Co. Ltd (China)
  • Huntsman Corporation (U.S.)
  • Kumho Mitsui Chemicals Inc ( South Korea)
  • Mitsui Chemicals Inc ( Japan), Vencorex (France)
  • Yantai Wanhua Polyurethanes Co. Ltd. (China)
  • Trelleborg AB
  • Woodbridge foam corp
Note: Product cover images may vary from those shown
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Note: Product cover images may vary from those shown
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