Isocyanate Market Research Report- Forecast to 2023

Isocyanate Market Research Report- Forecast to 2023

ID: MRFR/CnM/0458-HCRR | September, 2018 | Region: Global | 115 pages | Half-Cooked Research Reports

Global isocyanate market research information: type (methylene diphenyl diisocyanate, toluene diisocyanate, aliphatic isocyanate), application (rigid foams, flexible foams,) end-user industry (automobiles, construction, electronics) – Forecast till 2023


Synopsis of Isocyanate Market


Isocyanate is a functional group having the formula R-N=C=O. It is a class of highly reactive chemicals. The global isocyanate market is expected to register a significant growth during the forecast period. The isocyanate is extensively used in the production of a wide range of products such as insulating materials, chemicals, polyurethane foams, car seats, mattresses, packaging materials, and adhesives among others. The growing urbanization and industrialization in the developing regions across the globe are expected to boost the market during the forecast years. The global isocyanate market is anticipated to grow at a CAGR of over 6% during the forecast period. The growing use of rigid foams, flexible foams, paints and coatings among others makes it ideal for the automobile and building & construction industry, which is a major factor driving the market positively.


Among the various application type in isocyanate market, rigid foam is anticipated to grow at an expanding CAGR followed by the flexible foam segment. Among the type segment, methylene diphenyl diisocyanate is mainly used in the production of rigid polyurethane foams and is also used in other applications such as paints & coatings, sealants and adhesives, and elastomers. Toluene diisocyanate product type segment is mainly used in the manufacturing of flexible polyurethane foams. The automotive, building & construction and electronic industry are the major end-use industries driving the growth of the global market.


Global Isocyanate Market Share by end-use industry.


 Isocyanate Market share


Source: MRFR analysis


Regional Analysis 


The isocyanate market is spanned across five regions: Europe, Latin America, Asia Pacific, North America, and the Middle East & Africa. Among these, Asia Pacific is the leading region in the market and is expected to grow at an encouraging CAGR during the forecast period. The rapid growth of the industries and urbanization is fuelling the growth of the isocyanate in the developing countries of Asia Pacific. Moreover, the favorable government regulations such as tax benefits and incentives in the region have attracted many industry players to enter the market of Asia Pacific, which, in turn, is fuelling the market growth. Furthermore, the presence of most populated economies such as China and India has surged the construction and automobile sector, which is further contributing to the market growth.  China, India, and Japan are the largest consumers of isocyanate in this region. North America is another dominant region in the global isocyanate market. The developed end-user industries such as construction, transportation and electronics among others are significantly contributing to the growth of the market. Moreover, growing investment in the construction and remodeling of infrastructure mainly in the U.S. and Canada boost the demand further.


The European market is a lucrative market mainly driven by the developed automobile and electrical sector. The growing use of isocyanate in paints & coatings, additives and sealants, and flexible & rigid foams has propelled the demand for the automotive and electrical & electronic sector.  


Segmental Analysis


The global isocyanate market is segmented into product type, application, and end-user industry. On the basis of the product type, the market is segmented into methylene diphenyl diisocyanate, toluene diisocyanate, an aliphatic isocyanate, and another isocyanate. On the basis of the application, the global isocyanate market is segmented into rigid foams, flexible foams, paints & coatings, elastomers & binders, adhesives & sealants, and others. On the basis of the end-use industry, the market is further segmented into automotive, building & construction, electrical and electronics, and others.


Key Players


Some of the prominent players operating in the Global isocyanate market are  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), and Yantai Wanhua Polyurethanes Co. Ltd. (China)


Geographical Analysis


The report covers brief analysis of the major geographic regions namely Asia Pacific, Europe, North America, Latin America, and the Middle East & Africa.


Intended Audience



  • Isocyanate   market manufacturers

  • Traders and Distributors of Isocyanate market

  • Production Process Industries

  • Potential Investors

  • Raw Material Suppliers

  • Nationalized Laboratory 


 

TABLE OF CONTENTS



1 Executive Summary

2 Scope of the Report

2.1 Market Definition

2.2 Scope of the Study

2.2.1 Research Objectives

2.2.2 Assumptions & Limitations

2.3 Markets Structure

3 Market Research Methodology

3.1 Research Process

3.2 Secondary Research

3.3 Primary Research

3.4 Forecast Model

4 Market Landscape

4.1 Porter’s Five Forces Analysis

4.1.1 Threat of New Entrants

4.1.2 Bargaining power of buyers

4.1.3 Threat of substitutes

4.1.4 Segment rivalry

4.2 Value Chain/Supply Chain of Global Isocyanate Market

5 Industry Overview of Global Isocyanate Market

5.1 Introduction

5.2 Growth Drivers

5.3 Impact analysis

5.4 Market Challenges

6 Market Trends

6.1 Introduction

6.2 Growth Trends

6.3 Impact analysis

7. Global Isocyanate Market by Type

7.1 Introduction

7.2 Methylene Diphenyl Diisocyanate

7.2.1 Market Estimates & Forecast, 2017-2023

7.2.2 Market Estimates & Forecast by Region, 2017-2023

7.3 Toluene Diisocyanate

7.3.1 Market Estimates & Forecast, 2017-2023

7.3.2 Market Estimates & Forecast by Region, 2017-2023

7.4 Aliphatic Isocyanate

7.4.1 Market Estimates & Forecast, 2017-2023

7.4.2 Market Estimates & Forecast by Region, 2017-2023

7.5 Others

7.5.1 Market Estimates & Forecast, 2017-2023

7.5.2 Market Estimates & Forecast by Region, 2017-2023

8. Global Isocyanate Market by Application

8.1 Introduction

8.2 Rigid Foam

8.2.1 Market Estimates & Forecast, 2017-2023

8.2.2 Market Estimates & Forecast by Region, 2017-2023

8.3 Flexible Foam

8.3.1 Market Estimates & Forecast, 2017-2023

8.3.2 Market Estimates & Forecast by Region, 2017-2023

8.4 Paints & Coatings

8.4.1 Market Estimates & Forecast, 2017-2023

8.4.2 Market Estimates & Forecast by Region, 2017-2023

8.5 Elastomer & Binders

8.5.1 Market Estimates & Forecast, 2017-2023

8.5.2 Market Estimates & Forecast by Region, 2017-2023

8.6 Additive & Sealants

8.3.1 Market Estimates & Forecast, 2017-2023

8.3.2 Market Estimates & Forecast by Region, 2017-2023

8.3 Others

8.3.1 Market Estimates & Forecast, 2017-2023

8.3.2 Market Estimates & Forecast by Region, 2017-2023

9. Global Isocyanate Market by End Use Industry

9.1 Introduction

9.2 Building & Construction

9.2.1 Market Estimates & Forecast, 2017-2023

9.2.2 Market Estimates & Forecast by Region, 2017-2023

9.3 Automotive

9.3.1 Market Estimates & Forecast, 2017-2023

9.3.2 Market Estimates & Forecast by Region, 2017-2023

9.4 Electrical & Electronics

9.4.1 Market Estimates & Forecast, 2017-2023

9.4.2 Market Estimates & Forecast by Region, 2017-2023

9.5 Others

9.5.1 Market Estimates & Forecast, 2017-2023

9.5.2 Market Estimates & Forecast by Region, 2017-2023



10. Global Isocyanate Market, by Region

10.1 Introduction

10.2 North America

10.2.1 Market Estimates & Forecast, 2017-2023

10.2.2 Market Estimates & Forecast by Type, 2017-2023

10.2.3 Market Estimates & Forecast by Application, 2017-2023

10.2.4 Market Estimates & Forecast by End Use industry, 2017-2023



10.2.5 U.S.

10.2.5.1 Market Estimates & Forecast, 2017-2023

10.2.5.2 Market Estimates & Forecast by Type, 2017-2023

10.2.5.3 Market Estimates & Forecast by Application, 2017-2023

10.2.5.4 Market Estimates & Forecast by End Use industry, 2017-2023



10.2.6 Mexico

10.2.6.1 Market Estimates & Forecast, 2017-2023

10.2.6.2 Market Estimates & Forecast by Type, 2017-2023

10.2.6.3 Market Estimates & Forecast by Application, 2017-2023

10.2.6.4 Market Estimates & Forecast by End Use industry, 2017-2023



10.2.7 Canada

10.2.7.1 Market Estimates & Forecast, 2017-2023

10.2.7.2 Market Estimates & Forecast by Type, 2017-2023

10.2.7.3 Market Estimates & Forecast by Application, 2017-2023

10.2.7.4 Market Estimates & Forecast by End Use industry, 2017-2023



10.3 Europe

10.3.1 Market Estimates & Forecast, 2017-2023

10.3.2 Market Estimates & Forecast by Type, 2017-2023

10.3.3 Market Estimates & Forecast by Application, 2017-2023

10.3.4 Market Estimates & Forecast by End Use industry, 2017-2023

10.3.5 Germany

10.3.5.1 Market Estimates & Forecast, 2017-2023

10.3.5.2 Market Estimates & Forecast by Type, 2017-2023

10.3.5.3 Market Estimates & Forecast by Application, 2017-2023

10.3.5.4 Market Estimates & Forecast by End Use industry, 2017-2023



10.3.6. France

10.3.6.1 Market Estimates & Forecast, 2017-2023

10.3.6.2 Market Estimates & Forecast by Type, 2017-2023

10.3.6.3 Market Estimates & Forecast by Application, 2017-2023

10.3.6.4 Market Estimates & Forecast by End Use industry, 2017-2023



10.3.7 Italy

10.3.7.1 Market Estimates & Forecast, 2017-2023

10.3.7.2 Market Estimates & Forecast by Type, 2017-2023

10.3.7.3 Market Estimates & Forecast by Application, 2017-2023

10.3.7.4 Market Estimates & Forecast by End Use industry, 2017-2023



10.3.8 Spain

10.3.8.1 Market Estimates & Forecast, 2017-2023

10.3.8.2 Market Estimates & Forecast by Type, 2017-2023

10.3.8.3 Market Estimates & Forecast by Application, 2017-2023

10.3.8.4 Market Estimates & Forecast by End Use industry, 2017-2023



10.3.9 U.K

10.3.9.1 Market Estimates & Forecast, 2017-2023

10.3.9.2 Market Estimates & Forecast by Type, 2017-2023

10.3.9.3 Market Estimates & Forecast by Application, 2017-2023

10.3.9.4 Market Estimates & Forecast by End Use industry, 2017-2023



10.3.10 Rest of Europe

10.3.10.1 Market Estimates & Forecast, 2017-2023

10.3.10.2 Market Estimates & Forecast by Type, 2017-2023

10.3.10.3 Market Estimates & Forecast by Application, 2017-2023

10.3.10.4 Market Estimates & Forecast by End Use industry, 2017-2023



10.4 Asia Pacific

10.4.1 Market Estimates & Forecast, 2017-2023

10.4.2 Market Estimates & Forecast by Type, 2017-2023

10.4.3 Market Estimates & Forecast by Application, 2017-2023

10.4.4 Market Estimates & Forecast by End Use industry, 2017-2023



10.4.5 China

10.4.5.1 Market Estimates & Forecast, 2017-2023

10.4.5.2 Market Estimates & Forecast by Type, 2017-2023

10.4.5.3 Market Estimates & Forecast by Application, 2017-2023

10.4.5.4 Market Estimates & Forecast by End Use industry, 2017-2023



10.4.6 India

10.4.6.1 Market Estimates & Forecast, 2017-2023

10.4.6.2 Market Estimates & Forecast by Type, 2017-2023

10.4.6.3 Market Estimates & Forecast by Application, 2017-2023

10.4.6.4 Market Estimates & Forecast by End Use industry, 2017-2023

10.4.7 Japan

10.4.7.1 Market Estimates & Forecast, 2017-2023

10.4.7.2 Market Estimates & Forecast by Type, 2017-2023

10.4.7.3 Market Estimates & Forecast by Application, 2017-2023

10.4.7.4 Market Estimates & Forecast by End Use industry, 2017-2023

10.4.8 Australia

10.4.8.1 Market Estimates & Forecast, 2017-2023

10.4.8.2 Market Estimates & Forecast by Type, 2017-2023

10.4.8.3 Market Estimates & Forecast by Application, 2017-2023

10.4.8.4 Market Estimates & Forecast by End Use industry 2017-2023

10.4.9 New Zealand

10.4.9.1 Market Estimates & Forecast, 2017-2023

10.4.9.2 Market Estimates & Forecast by Type, 2017-2023

10.4.9.3 Market Estimates & Forecast by Application, 2017-2023

10.4.9.4 Market Estimates & Forecast by End Use industry, 2017-2023

10.4.10 Rest of Asia Pacific

10.4.10.1 Market Estimates & Forecast, 2017-2023

10.4.10.2 Market Estimates & Forecast by Type, 2017-2023

10.4.10.3 Market Estimates & Forecast by Application, 2017-2023

10.4.10.4 Market Estimates & Forecast by End Use industry, 2017-2023





10.5 The Middle East & Africa

10.5.1 Market Estimates & Forecast, 2017-2023

10.5.2 Market Estimates & Forecast by Type, 2017-2023

10.5.3 Market Estimates & Forecast by Application, 2017-2023

10.5.4 Market Estimates & Forecast by End Use industry, 2017-2023



10.5.5 Turkey

10.5.5.1 Market Estimates & Forecast, 2017-2023

10.5.5.2 Market Estimates & Forecast by Type, 2017-2023

10.5.5.3 Market Estimates & Forecast by Application, 2017-2023

10.5.5.4 Market Estimates & Forecast by End Use industry, 2017-2023



10.5.6 Israel

10.5.6.1 Market Estimates & Forecast, 2017-2023

10.5.6.2 Market Estimates & Forecast by Type, 2017-2023

10.5.6.3 Market Estimates & Forecast by Application, 2017-2023

10.5.6.4 Market Estimates & Forecast by End Use industry, 2017-2023



10.5.7 North Africa

10.5.7.1 Market Estimates & Forecast, 2017-2023

10.5.7.2 Market Estimates & Forecast by Type, 2017-2023

10.5.7.3 Market Estimates & Forecast by Application, 2017-2023

10.5.7.4 Market Estimates & Forecast by End Use industry, 2017-2023



10.5.8 GCC

10.5.8.1 Market Estimates & Forecast, 2017-2023

10.5.8.2 Market Estimates & Forecast by Type, 2017-2023

10.5.8.3 Market Estimates & Forecast by Application, 2017-2023

10.5.8.4 Market Estimates & Forecast by End Use industry, 2017-2023



10.5.9 Rest of the Middle East & Africa

10.5.9.1 Market Estimates & Forecast, 2017-2023

10.5.9.2 Market Estimates & Forecast by Type, 2017-2023

10.5.9.3 Market Estimates & Forecast by Application, 2017-2023

10.5.9.4 Market Estimates & Forecast by End Use industry, 2017-2023



10.6 Latin America

10.6.1 Market Estimates & Forecast, 2017-2023

10.6.2 Market Estimates & Forecast by Type, 2017-2023

10.6.3 Market Estimates & Forecast by Application, 2017-2023

10.6.4 Market Estimates & Forecast by End Use industry, 2017-2023



10.6.5 Brazil

10.6.5.1 Market Estimates & Forecast, 2017-2023

10.6.5.2 Market Estimates & Forecast by Type, 2017-2023

10.6.5.3 Market Estimates & Forecast by Application, 2017-2023

10.6.5.4 Market Estimates & Forecast by End Use industry, 2017-2023



10.6.6 Argentina

10.6.6.1 Market Estimates & Forecast, 2017-2023

10.6.6.2 Market Estimates & Forecast by Type, 2017-2023

10.6.6.3 Market Estimates & Forecast by Application, 2017-2023

10.6.6.4 Market Estimates & Forecast by End Use industry, 2017-2023



10.6.7 Rest of Latin America

10.6.7.1 Market Estimates & Forecast, 2017-2023

10.6.7.2 Market Estimates & Forecast by Type, 2017-2023

10.6.7.3 Market Estimates & Forecast by Application, 2017-2023

10.6.7.4 Market Estimates & Forecast by End Use industry, 2017-2023

11. Company Landscape

12. Company Profiles

12.1 Ashai Kasei

12.1.1 Company Overview

12.1.2 Type/Business Segment Overview

12.1.3 Financial Updates

12.1.4 Key Developments

12.2 BASF SE

12.2.1 Company Overview

12.2.2 Type/Business Segment Overview

12.2.3 Financial Updates

12.2.4 Key Developments

12.3 Bayer MaterialScience

12.3.1 Company Overview

12.3.2 Type/Business Segment Overview

12.3.3 Financial Updates

12.3.4 Key Developments

12.4 Chemtura Corporation

12.4.1 Company Overview

12.4.2 Type/Business Segment Overview

12.4.3 Financial Updates

12.4.4 Key Developments

12.5 Dow Chemical Company

12.5.1 Company Overview

12.5.2 Type/Business Segment Overview

12.5.3 Financial Updates

12.5.4 Key Developments

12.6 Evonik Industries

12.6.1 Company Overview

12.6.2 Type/Business Segment Overview

12.6.3 Financial Updates

12.6.4 Key Developments

12.7 Hebei Cangzhou Dahua Group Co. Ltd

12.7.1 Company Overview

12.7.2 Type/Business Segment Overview

12.7.3 Financial Updates

12.7.4 Key Developments

12.8 Huntsman Corporation

12.8.1 Company Overview

12.8.2 Type/Business Segment Overview

12.8.3 Financial Updates

12.8.4 Key Developments

12.9 Kumho Mitsui Chemicals Inc

12.9.1 Company Overview

12.9.2 Type/Business Segment Overview

12.9.3 Financial Updates

12.9.4 Key Developments

12.10 Mitsui Chemicals Inc

12.10.1 Company Overview

12.10.2 Type/Business Segment Overview

12.10.3 Financial Updates

12.10.4 Key Developments

12.11 Vencorex

12.11.1 Company Overview

12.11.2 Type/Business Segment Overview

12.11.3 Financial Updates

12.11.4 Key Developments

12.12 Yantai Wanhua Polyurethanes Co. Ltd

12.12.1 Company Overview

12.12.2 Type/Business Segment Overview

12.12.3 Financial Updates

12.12.4 Key Developments

13 Conclusion



LIST OF TABLES



Table 1 World Population by Major Regions (2017 To 2030)

Table 2 Global Isocyanate Market: By Region, 2017-2023

Table 3 North America Isocyanate Market: By Country, 2017-2023

Table 4 Europe Isocyanate Market: By Country, 2017-2023

Table 5 Asia-Pacific Isocyanate Market: By Country, 2017-2023

Table 6 Middle East & Africa Isocyanate Market: By Country, 2017-2023

Table 7 Latin America Isocyanate Market: By Country, 2017-2023

Table 8 Global Isocyanate by Type Market: By Regions, 2017-2023

Table 9 North America Isocyanate by Type Market: By Country, 2017-2023

Table10 Europe Isocyanate by Type Market: By Country, 2017-2023

Table11 Asia-Pacific Isocyanate by Type Market: By Country, 2017-2023

Table12 Middle East & Africa Isocyanate by Type Market: By Country, 2017-2023

Table13 Latin America Isocyanate by Type Market: By Country, 2017-2023

Table14 Global Isocyanate by Application Market: By Regions, 2017-2023

Table15 North America Isocyanate by Application Market: By Country, 2017-2023

Table16 Europe Isocyanate by Application Market: By Country, 2017-2023

Table17 Asia-Pacific Isocyanate by Application Market: By Country, 2017-2023

Table18 Middle East & Africa Isocyanate by Application Market: By Country, 2017-2023

Table19 Latin America Isocyanate by Application Market: By Country, 2017-2023

Table20 Global Isocyanate by Application Market: By Regions, 2017-2023

Table21 North America Isocyanate for End Use industry Market: By Country, 2017-2023

Table22 Europe Isocyanate for End Use industry Market: By Country, 2017-2023

Table23 Asia-Pacific Isocyanate for End Use industry Market: By Country, 2017-2023

Table24 Middle East & Africa Isocyanate for End Use industry Market: By Country, 2017-2023

Table25 Latin America Isocyanate for End Use industry Market: By Country, 2017-2023

Table26 Global Type Market: By Region, 2017-2023

Table27 Global Application Market: By Region, 2017-2023

Table28 Global End Use industry Market: By Region, 2017-2023

Table29 North America Isocyanate Market, By Country

Table30 North America Isocyanate Market, By Type

Table31 North America Isocyanate Market, By Application

Table32 North America Isocyanate Market, By End Use industry

Table33 Europe: Isocyanate Market, By Country

Table34 Europe: Isocyanate Market, By Type

Table35 Europe: Isocyanate Market, By Application

Table36 Europe: Isocyanate Market, By End Use industry

Table37 Asia Pacific: Isocyanate Market, By Country

Table38 Asia Pacific: Isocyanate Market, By Type

Table39 Asia Pacific: Isocyanate Market, By Application

Table40 Asia Pacific: Isocyanate Market, By End Use industry

Table41 The Middle East & Africa: Isocyanate Market, By Country

Table42 The Middle East & Africa Isocyanate Market, By Type

Table43 The Middle East & Africa Isocyanate Market, By Application

Table44 The Middle East & Africa: Isocyanate Market, By End Use industry

Table45 Latin America: Isocyanate Market, By Country

Table46 Latin America Isocyanate Market, By Type

Table47 Latin America Isocyanate Market, By Application

Table48 Latin America: Isocyanate Market, By End Use industry





LIST OF FIGURES



FIGURE 1 Global Isocyanate Market segmentation

FIGURE 2 Forecast Methodology

FIGURE 3 Porter’s Five Forces Analysis of Global Isocyanate Market

FIGURE 4 Value Chain of Global Isocyanate Market

FIGURE 5 Share of Global Isocyanate Market in 2017, by country (in %)

FIGURE 6 Global Isocyanate Market, 2017-2023,

FIGURE 7 Sub segments of Type

FIGURE 8 Global Isocyanate Market size by Type, 2017

FIGURE 9 Share of Global Isocyanate Market by Type, 2017 to 2023

FIGURE 10 Global Isocyanate Market size by Application, 2017

FIGURE 11 Share of Global Isocyanate Market by Application, 2017 to 2023

FIGURE 12 Global Isocyanate Market size by End Use industry, 2017

FIGURE 13 Share of Global Isocyanate Market by End Use industry, 2017 to 2023