The report Isocynates Market (2018-2023) provides market intelligence on the different segments of the Chemicals & Materials category, based on type of formulation and geography. Market size and forecast has been provided in terms of both, Value and Volume in the report. A detailed qualitative analysis of the factors responsible for driving and restraining growth and future market opportunities have also been discussed
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The global isocynates market is expected grow at a significant rate during the forecast period, majorly driven by the increasing demand from polyurethane foam applications. Isocyanates are a group of highly reactive, low-molecular-weight chemicals. They are commonly dissolved in aromatic solvents, such as xylene and toluene, which in themselves are toxic. Isocyanates are highly reactive materials that are used for manufacturing polyurethane products, such as chemicals, polyurethane foam, insulation materials, surface coatings, car seats, furniture, foam mattresses, under-carpet padding, packaging materials, shoes, laminated fabrics, polyurethane rubber, and adhesives.
Isocynates Market by Companies:
DowDuPont Inc., Huntsman Corporation, Covestro, BASF SE, Yantai Sanjiang Chemical Industry Material Co., Ltd., Anderson Development Company, Asahi Kasei Chemicals, Chemtura Corp., Evonik Industries, Hebei Cangzhou Dahua Group, Kumho, Mitsui Chemicals, Perstorp, Vencorex, Tosoh Corporation, BorsodChem, China National Bluestar (Group) Co,Ltd., Korea Fine Chemical, Lyondell Chemical Company
Isocynates Market Dynamics
– Huge Growth in the Polyurethane Foam Application
– Increase in Industrialization Activities in Asia-Pacific
– Increasing Demand from the Construction Industry
– Shortage and Increased Price of Raw Material
– Hazardous in Nature
– High-Efficiency Bio-Based Isocyanates
– Increasing Investiments by the Manufcateres in R&D Activities
Geographically, Isocynates market split globally into several key Regions, with sales (Units), revenue (Million USD), market share and growth rate of Isocynates for these regions, from 2018 to 2023 (forecast), covering
China, India, Japan, South Korea, ASEAN Countries, Rest of Asia-Pacific, US, Canada, Mexico, Rest of North America, Germany, UK, Italy, France, Spain, Russia, Rest of Europe, Brazil, Argentina, Rest of South America, Saudi Arabia, South Africa, Rest of Middle-East & Africa
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Key Developments in the Isocynates Market:
December 2017: 3A Composites announced the successful acquisition of Athlone Extrusions Ltd. by its parent company Schweiter Technologies
January 2017: COVESTRO will invest around EUR 200 million to increase production in Tarragona (Spain), beyond 2020. As a first step, it intends to build its own chlorine supply, thus ensuring a highly efficient, sustainable, and independent supply of the crucial raw material. Covestro will also debottleneck its local methylene diphenyl diisocyanate (MDI) plant, increasing production capacity by 50,000 metric ton to around 220,000 metric ton per year
Reasons to Purchase this Report
- Analysing various perspectives of the market with the help of Porter’s five forces analysis
- Study on product type and application expected to dominate the market.
- Study on regions expected to witness fastest growth during the forecast period.
- Identify the latest developments, market shares and strategies employed by the major market players.
- 3 months’ analyst support along with the Market Estimate sheet (in excel).
Detailed TOC of Global Isocynates Market – Growth, Trends, Forecast and Challenges (2018 – 2023)
- Research Methodology
- Executive Summary
- Market Overview and Trends of Isocynates Market
- Market Dynamics of Isocynates Market
- Global Isocynates Market Segmentation, By Capacity
- Global Isocynates Market Segmentation, By Material Type
- Global Isocynates Market Segmentation, Segmented by Region
- Competitive Landscape and Introduction of Isocynates Market
- Key Vendor Analysis (Overview, Products & Services, Strategies)
And Many More….
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