Global Isocyanates Market Research Report 2017-2021 - Drivers, Restraints & Opportunities - Research and Markets

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09 May, 2017, 20:00 BST

DUBLIN, May 9, 2017 /PRNewswire/ --

Research and Markets has announced the addition of the "Global Isocyanates Market" report to their offering.

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.

The isocyanate market is mainly driven by the huge growth in end-use segments of the polyurethanes industry, growing industrialization activities in major developing economies such as China, Japan, and India and advancement in technology. However, this market faces certain drawbacks like the stringent government regulations, environmental concerns and its highly toxic and hazardous nature, which may act as roadblocks to the growth of the market.

The global isocyanates market can be categorized by the type of isocyanate, application and end-user industry. By type, isocyanates are segmented into methylene diphenyl diisocyanate (MDI), toluene diisocyanate (TDI), aliphatic isocyanate and other isocyanates. By application, the global isocyanate market is segmented into rigid foam, flexible foam, paints & coatings, adhesives & sealants, elastomers and binders.

Due to the increasing regulatory intervention from the Environmental Protection Agency (EPA) regarding the environmental and health effects associated with MDI and TDI, North America is expected to register a moderate demand. Due to the stringent environmental regulations and low-growth in end-user industries, the European demand for the isocyanate market is estimated to grow at a slow rate.

Market Dynamics

Drivers

  • Huge Growth in End-Use Segments of the Polyurethanes Industry
  • Increase in Industrialization Activities in Major Developing Economies Such as China, Japan, and India.
  • Increasing Demand in the Construction Industry

Restraints

  • The Shortage and Increased Price of Raw Material
  • Hazardous in Nature

Opportunities

  • High-Efficiency Bio-Based Isocyanates
  • Increasing Investments by the Manufactures in R&D Activities

Key Topics Covered:

1. Introduction

2. Executive Summary

3. Market Insights

4. Market Dynamics

5. Market Segmentation and Analysis

6. Regional Market Analysis (Market Size, Growth and Forecast)

7. Trade Analysis

8. Competitive Landscape

9. Company Profiles (Overview, Products & Services, Financials, Recent Developments)

  • The Dow Chemical Company
  • Huntsman Corporation
  • Covestro
  • BASF SE
  • Yantai Sanjiang Chemical Industry Material Co., Ltd.
  • Anderson Development Company
  • Asahi Kasei Chemicals
  • Chemtura Crop.
  • 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

For more information about this report visit http://www.researchandmarkets.com/research/f9bjt3/global

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SOURCE Research and Markets