The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. Asahi Kasei Corp., BASF SE, Covestro AG, Dow Inc., Evonik Industries AG, GNFC Ltd., Huntsman Corp., LANXESS AG, Vencorex, and Wanhua Chemical Group Co. Ltd. are some of the major market participants. Although the rising demand for PU from the automotive industry will offer immense growth opportunities, to leverage the current opportunities, market vendors must strengthen their foothold in the fast-growing segments, while maintaining their positions in the slow-growing segments.
Isocyanate Market 2021-2025: Segmentation
- Product
- Rigid Foams
- Flexible Foams
- Paints And Coatings
- Elastomers
- Others
- Application
- End-user
- Construction
- Automotive
- Electronic
- Others
- Geography
- APAC
- Europe
- North America
- South America
- MEA
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Isocyanate Market 2021-2025: Vendor Analysis and Scope
To help businesses improve their market position, the isocyanate market provides a detailed analysis of around 25 vendors operating in the market. Some of these vendors include Asahi Kasei Corp., BASF SE, Covestro AG, Dow Inc., Evonik Industries AG, GNFC Ltd., Huntsman Corp., LANXESS AG, Vencorex, and Wanhua Chemical Group Co. Ltd.
The report also covers the following areas:
The isocyanate market is fragmented, and the degree of fragmentation will accelerate. The increasing demand for isocyanate from emerging economies will offer immense growth opportunities. However, the fluctuations in the price of raw materials will hamper market growth.
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Isocyanate Market 2021-2025: Key Highlights
- CAGR of the market during the forecast period 2021-2025
- Detailed information on factors that will assist isocyanate market growth during the next five years
- Estimation of the isocyanate market size and its contribution to the parent market
- Predictions on upcoming trends and changes in consumer behavior
- The growth of the isocyanate market
- Analysis of the market's competitive landscape and detailed information on vendors
- Comprehensive details of factors that will challenge the growth of isocyanate market vendors
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Isocyanate Market Scope |
Report Coverage |
Details |
Page number |
120 |
Base year |
2020 |
Forecast period |
2021-2025 |
Growth momentum & CAGR |
Accelerate at a CAGR of almost 5% |
Market growth 2021-2025 |
4004.30 thousand MT |
Market structure |
Fragmented |
YoY growth (%) |
4.55 |
Regional analysis |
APAC, Europe, North America, South America, and MEA |
Performing market contribution |
APAC at 55% |
Key consumer countries |
China, Japan, India, US, and Germany |
Competitive landscape |
Leading companies, competitive strategies, consumer engagement scope |
Companies profiled |
Asahi Kasei Corp., BASF SE, Covestro AG, Dow Inc., Evonik Industries AG, GNFC Ltd., Huntsman Corp., LANXESS AG, Vencorex, and Wanhua Chemical Group Co. Ltd. |
Market Dynamics |
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and future consumer dynamics, market condition analysis for the forecast period. |
Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
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