Global Isocyanate Market By Type, Application, Region 2016-2022 – Research and Markets

DUBLIN–(BUSINESS WIRE)–The "Global
Isocyanate Market – By Type, Application, Region – Market Size, Demand
Forecasts, Industry Trends and Updates (2016-2022)" report has
been added to Research and Markets' offering.

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.

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.

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.

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

Key Topics Covered:

1. Research Methodology

2. Executive Summary

3. Market Overview

4. Market Dynamics

5. Global Isocyanate Market Segmentation, Forecasts And Trends – By
Revenue

6. By Type

7. By Application

8. By Region

9. Vendor Market Share Analysis

10. Company Profiles

11. Industry Structure

Companies Mentioned

• 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

For more information about this report visit https://www.researchandmarkets.com/research/6bd9kw/global_isocyanate

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