The Isocyanate Market is driven by increasing demand in automotive and construction industries in the developing markets of Asia pacific. The significant growth in the construction industry, automobile industry and electronic in developing markets has boosted the demand for Isocyanate in recent years. The market in Europe is growing steadily and it is expected to witness significant growth over the coming years. Hence the market for Isocyanate is expected to grow at a CAGR over the period of 2016-2027.
- The Global Isocyanate Market is driven by the growth in automotive industry and construction industry.
- The European Isocyanate Market is heading towards maturity and the growth is mainly expected from the emerging countries of Asia-Pacific.
- By 2020, Asia-Pacific is expected to account of the Global Isocyanate Market.
The market for Global Isocyanate is segmented in mainly two parts i.e. by type, by application, and its various sub-segments;
- By Type include methylene diphenyl diisocyanate (MDI), toluene diphenyl diisocyanate (TDI), and aliphatic isocyanates. Whereas
- By Application include rigid foams, flexible foams, paints and coatings, adhesives and sealants, elastomers and binders.
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Study Objectives of Isocyanate
- To provide detailed analysis of the market structure along with forecast for the next 10 years of the various segments and sub- segments of the global Isocyanate market
- To provide insights about factors affecting the market growth
- To Analyze the Isocyanate market based on various factors- price analysis, supply chain analysis, porters five force analysis etc.
- To provide historical and forecast revenue of the market segments and sub-segments with respect to four main geographies and their countries- North America, Europe, Asia, and Rest of the World (ROW)
- To provide country level analysis of the market with respect to the current market size and future prospective
- To provide country level analysis of the market for segment by Type, Applications, and its sub-segments.
- To provide strategic profiling of key players in the market, comprehensively analyzing their core competencies, and drawing a competitive landscape for the market
- To track and analyze competitive developments such as joint ventures, strategic alliances, mergers and acquisitions, new product developments, and research and developments in the global Isocyanate market
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The key players that are involved in the Global Isocyanate market are
- Yantai Sanjiang Chemical Industry Material Co. Ltd.
- BASF SE
- Bayer Material Science
- The Dow Chemical Company
- Huntsman Corporation
- Anderson Development Company
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Regional Analysis of Isocyanate
Asia-Pacific dominated the Global Isocyanate market with the largest market share, accounting for million and is expected to grow over million by 2027. North America is estimated to surpass in million 2015 to become the largest market for Isocyanate and expected to grow at CAGR of from million in 2016 to million by 2027. The European market for Isocyanate is expected to grow at GAGR (2016-2027).
- Rest of Europe
- South Korea
- Rest of Asia Pacific
- Middle East and Africa
- Latin America
- Rest of LA
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