Global Isocyanates Market Insights and Forecast to 2028

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.
Market Analysis and Insights: Global Isocyanates Market
Due to the COVID-19 pandemic, the global Isocyanates market size is estimated to be worth US$ 30470 million in 2022 and is forecast to a readjusted size of US$ 27820 million by 2028 with a CAGR of -1.5% during the review period. Fully considering the economic change by this health crisis, ADI accounting for % of the Isocyanates global market in 2021, is projected to value US$ million by 2028, growing at a revised % CAGR in the post-COVID-19 period. While Polyurethane Foam segment is altered to an % CAGR throughout this forecast 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%.
In terms of production side, this report researches the Isocyanates capacity, production, growth rate, market share by manufacturers and by region (region level and country level), from 2017 to 2022, and forecast to 2028.
In terms of sales side, this report focuses on the sales of Isocyanates by region (region level and country level), by company, by Type and by Application. from 2017 to 2022 and forecast to 2028.
Global Isocyanates Scope and Segment
Isocyanates market is segmented by Type and by Application. Players, stakeholders, and other participants in the global Isocyanates market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on production capacity, revenue and forecast by Type and by Application for the period 2017-2028.
Segment by Type
ADI
MDI
TDI
Segment by Application
Polyurethane Foam
Paints & Coatings
Adhesives & Sealants
Other
By Company
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
Production by Region
North America
Europe
China
Japan
South Korea
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
China Taiwan
Indonesia
Thailand
Malaysia
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
UAE

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Details
QYR-19998594

14-Jan-2022

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