Authored By: Sarah
05 Oct 2021

Isocyanate: Discover Key Drivers that will Boost Growth

Market Insights to Drive Recovery from COVID-19

Technavio’s Isocyanate Market is set to grow by 4004.30 th MT, and the market will progressing at a CAGR of 4.83% till 2025. This research report identifies and analyses the growth drivers that will boost market growth. It also provides a thorough understanding of all the segments, trends and challenges that are likely to have an impact on the future prospects fo the market in focus.


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Isocyanate Market: Key Market Drivers

Technavio has identified  Rising demand for PU from the automotive industry as one of the key factors that will drive this market. This research report provides a comprehensive analysis of this and all the other factors that will propel market growth. The report also takes into account the current market scenario, trends, and challenges that are likely to impede growth. The objective of this research report is to equip clients with actionable insights that will help them leverage opportunities and formulate growth strategies for their business.

Top Drivers for Isocyanate Market Size to Grow by 4004.30 th MT During 2021-2025

Isocyanate Market: Segment List

This research report provides insights into the current market share of each segment along with growth projections for the next five years. In addition, the report also offers a detailed impact analysis of various trends, drivers, and challenges on each market segment along with insights into the way forward. These insights will equip clients with information that will help them design a growth strategy for their business and area of operation. Isocyanate Market is segmented by Product (Rigid foams, Flexible foams, Paints and coatings, Elastomers, and Others), Application (MDI, TDI, Aliphatic, and Others), End-user (Construction, Automotive, Electronic, and Others), and Geography (APAC, Europe, North America, South America, and MEA). Request our Free Sample Report

Isocyanate Market: Vendor Landscape

The Isocyanate Market is fragmented and market growth of the depends on market conditions, government support, and industry development. Our report offers a detailed study of all the factors that can influence growth. 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. The report also provides insights into the growth prospects of each of these leading players along with their product pipelines.

Technavio also offers custom research reports with detailed insights assessing the market from a global as well as regional perspective. This customized report will help clients keep up with new product launches in direct & indirect or related markets. It will also provide insights on upcoming developments along with pipeline analysis of vendor operations and the impact of government regulations.

For more insights on this market: Download a Free Sample Report

The report provides insights into the following FAQs:

  1. What is the market CAGR?
    The market is accelerate at a CAGR of 4.83%.
     
  2. What is the incremental growth of the market?
    The market is expected to grow by 4004.30 th MT through 2021-2025.
     
  3. What is a key factor driving this market?
    Rising demand for PU from the automotive industry will drive market growth over the forecast period.
     
  4. What are the key regions covered in this market research report?
    APAC, Europe, North America, South America, and MEA are the key regions featured in this research report.
     
  5. Which is the leading geographic region for this market:
    55% growth will originate from APAC
     
  6. Who are the leading market vendors?
    The leading vendors in this market are 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.
     
  7. What are the market segments covered in this report?
    The market is segmented by Product (Rigid foams, Flexible foams, Paints and coatings, Elastomers, and Others), Application (MDI, TDI, Aliphatic, and Others), End-user (Construction, Automotive, Electronic, and Others), and Geography (APAC, Europe, North America, South America, and MEA)

Isocyanate Market Size to Grow by 4.60 mn t through 2020-2024

The isocyanate market is expected to grow by 4.60 mn t, accelerating at a CAGR of almost 5% during the forecast period. Technavio’s research report traces the growth trajectory of the market and provides a detailed analysis of the prevalent market forces, trends, and drivers which are likely to impact the market in focus.


Isocyanate Market: Receive Free Sample Report


Isocyanate Market: Segmentation by End-user

This report provides a detailed analysis of the market by End-user (Construction, Automotive, Electronics, and Others), Application (rigid foams, flexible foams, paints and coatings, elastomers, and others), Product (MDI, TDI, Aliphatic, and Others), and Geography (APAC, Europe, North America, South America, and MEA). This research report will provide insights into the current market share of each segment along with growth projections for the next five years. In addition, the report also offers a detailed impact analysis of various trends, drivers, and challenges which are likely to influence market growth during the forecast period. These insights are expected to equip clients with reliable information based upon which they can design a growth strategy for their business and area of operations.

Top Drivers for Isocyanate Market Size to Grow by 4004.30 th MT During 2021-2025

Isocyanate Market: Vendor Analysis

The market is fragmented. The growth of the players depends on several factors such as market conditions, government support, and industry development. To survive and succeed in such an intensely competitive market, players must distinguish their product and service offerings through clear and unique value propositions. Asahi Kasei Corp., BASF SE, Covestro AG, Dow Inc., Evonik Industries AG, Gujarat Narmada Valley Fertilizers & Chemicals Ltd., Huntsman Corp., LANXESS AG, Vencorex, and Wanhua Chemical Group Co. Ltd. are some of the major market participants. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their position in the slow-growing segments.

For more insights into this market: Download a Free Sample Report. Our custom reports provide market insights at the global and regional level along with a pipeline analysis of new product launches. It also provides a peek into the latest R&D along with an impact analysis of government regulations.

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