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Isocyanates are basically organic compounds consist of the -N=C=O group. When these two of these groups are attached to a compound, the group is known as a di-isocyanate. There are mainly two types of isocyanate compounds, such as aromatic isocyanates and aliphatic isocyanates. Aromatic isocyanates mainly involve direct attachment of an NCO group along with aromatic rings. Aromatic isocyanates are used in the production of polyurethane foam, which is further formed by a reaction between aromatic isocyanates as well as polyols in the presence of a catalyst. Aromatic Isocyanates are also used in the production of flexible or rigid foam, elastomers, and protective coatings. These compounds are also highly reactive & toxic in nature. Due to their toxic nature, special care is taken while handling and during production. Raw materials used for the production of aromatic isocyanates include toluene, benzene, aniline, and among others. Toluenediisocyanate (TDI) and Methylenediphenyl diisocyanate (MDI) these two aromatics which are mostly utilized in construction industry applications for manufacturing rigid foam.
MARKET DYNAMICS
The aromatic isocyanates market has witnessed a significant growth owing to factors such as wider application in polyurethane foam, elastomers, adhesive & sealant, coating, and others in various end-use industries, including construction, packaging, furniture, transportation, chemical, and others. The demand for aromatic isocyanates is increasing due to a rise in demand for polyurethane foam, especially in the construction industry. The demand for adhesives as well as protective coatings and their growing applications are expected to, in turn, propel the growth in demand for aromatic isocyanates over the forecast period. However, fluctuating prices of raw materials utilized to produce aromatic isocyanates may hamper the growth of the aromatic isocyanates market. Also, various stringent regulations from government associations such as OSHA, REACH, among others, on the production of aromatic isocyanates restrict the growth of this market. Nevertheless, aromatic isocyanates are generally available in small quantities; if bulk production is made possible, it will create a new opportunity for the growth of the market.
MARKET SCOPE
The "Global Aromatic Isocyanates Market Analysis to 2028" is a specialized and in-depth study of the chemicals and materials industry with a special focus on the global market trend analysis. The report aims to provide an overview of the aromatic isocyanates market with detailed market segmentation by type, application, end-use, and geography. The global aromatic isocyanates market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading aromatic isocyanates market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global aromatic isocyanates market is segmented on the basis of type, application, and end-use. On the basis of type, the aromatic isocyanates market is segmented into toluenediisocyanate (TDI), methylenediphenyl diisocyanate (MDI), naphthalene 1,5-diisocyanate (NDI), P-phenylene diisocyanate (PPDI), and others. The aromatic isocyanates market on the basis of the application is classified into polyurethane foam, elastomers, adhesive & sealant, coating, and others. On the basis of end-use, global aromatic isocyanates market is bifurcated into construction, packaging, furniture, transportation, chemical, and others.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global aromatic isocyanates market based on various segments. It also provides market size and forecast estimates from the year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The aromatic isocyanates market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the aromatic isocyanates market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the aromatic isocyanates market in these regions.
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MARKET PLAYERS
The reports cover various key developments in the global aromatic isocyanates market. Various companies are focusing growth strategies such as product launches, product approvals and others such as patents and events. Some of the growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from aromatic isocyanates market are anticipated to lucrative growth opportunities in the future with the rising demand for aromatic isocyanates in the global market. Below mentioned is the list of few companies engaged in the aromatic isocyanates market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the aromatic isocyanates market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
Vencorex
BASF SE
Cangzhou Dahua Group Co., Ltd.
Chemtura Corporation
Covestro AG
Dow Chemicals
Gujarat Narmada Valley Fertilizers & Chemicals Limited
Mitsui Chemicals Inc.
Wanhua Chemical Co., Ltd
Others
The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.
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TABLE OF CONTENTS
1. INTRODUCTION
1.1. SCOPE OF THE STUDY
1.2. THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
1.3. MARKET SEGMENTATION
1.3.1 Aromatic Isocyanates Market - By Type
1.3.2 Aromatic Isocyanates Market - By Application
1.3.3 Aromatic Isocyanates Market - By End-Use
1.3.4 Aromatic Isocyanates Market - By Region
1.3.4.1 By Country
2. KEY TAKEAWAYS
3. RESEARCH METHODOLOGY
4. AROMATIC ISOCYANATES MARKET LANDSCAPE
4.1. OVERVIEW
4.2. PORTER'S FIVE FORCES ANALYSIS
4.2.1 Bargaining Power of Buyers
4.2.1 Bargaining Power of Suppliers
4.2.1 Threat of Substitute
4.2.1 Threat of New Entrants
4.2.1 Competitive Rivalry
4.3. EXPERT OPINIONS
6. AROMATIC ISOCYANATES MARKET - GLOBAL MARKET ANALYSIS
6.1. AROMATIC ISOCYANATES - GLOBAL MARKET OVERVIEW
6.2. AROMATIC ISOCYANATES - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING/MARKET SHARE
7. AROMATIC ISOCYANATES MARKET - REVENUE AND FORECASTS TO 2028 - TYPE
7.1. OVERVIEW
7.2. TYPE MARKET FORECASTS AND ANALYSIS
7.3. TOLUENEDIISOCYANATE (TDI)
7.3.1. Overview
7.3.2. Toluenediisocyanate (TDI) Market Forecast and Analysis
7.4. METHYLENEDIPHENYL DIISOCYANATE (MDI)
7.4.1. Overview
7.4.2. Methylenediphenyl diisocyanate (MDI) Market Forecast and Analysis
7.5. NAPHTHALENE 1,5-DIISOCYANATE (NDI)
7.5.1. Overview
7.5.2. Naphthalene 1,5-Diisocyanate (NDI) Market Forecast and Analysis
7.6. P-PHENYLENE DIISOCYANATE (PPDI)
7.6.1. Overview
7.6.2. P-Phenylene Diisocyanate (PPDI) Market Forecast and Analysis
7.7. OTHERS
7.7.1. Overview
7.7.2. Others Market Forecast and Analysis
8. AROMATIC ISOCYANATES MARKET - REVENUE AND FORECASTS TO 2028 - APPLICATION
8.1. OVERVIEW
8.2. APPLICATION MARKET FORECASTS AND ANALYSIS
8.3. POLYURETHANE FOAM
8.3.1. Overview
8.3.2. Polyurethane foam Market Forecast and Analysis
8.3.3. Fixed Market
8.3.3.1. Overview
8.3.3.2. Fixed Market Forecast and Analysis
8.3.4. Rigid Market
8.3.4.1. Overview
8.3.4.2. Rigid Market Forecast and Analysis
8.4. ELASTOMERS
8.4.1. Overview
8.4.2. Elastomers Market Forecast and Analysis
8.5. ADHESIVE AND SEALANT
8.5.1. Overview
8.5.2. Adhesive and sealant Market Forecast and Analysis
8.6. COATING
8.6.1. Overview
8.6.2. Coating Market Forecast and Analysis
8.7. OTHERS
8.7.1. Overview
8.7.2. Others Market Forecast and Analysis
9. AROMATIC ISOCYANATES MARKET - REVENUE AND FORECASTS TO 2028 - END-USE
9.1. OVERVIEW
9.2. END-USE MARKET FORECASTS AND ANALYSIS
9.3. CONSTRUCTION
9.3.1. Overview
9.3.2. Construction Market Forecast and Analysis
9.4. PACKAGING
9.4.1. Overview
9.4.2. Packaging Market Forecast and Analysis
9.5. FURNITURE
9.5.1. Overview
9.5.2. Furniture Market Forecast and Analysis
9.6. TRANSPORTATION
9.6.1. Overview
9.6.2. Transportation Market Forecast and Analysis
9.7. CHEMICAL
9.7.1. Overview
9.7.2. Chemical Market Forecast and Analysis
9.8. OTHERS
9.8.1. Overview
9.8.2. Others Market Forecast and Analysis
10. AROMATIC ISOCYANATES MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
10.1. NORTH AMERICA
10.1.1 North America Aromatic Isocyanates Market Overview
10.1.2 North America Aromatic Isocyanates Market Forecasts and Analysis
10.1.3 North America Aromatic Isocyanates Market Forecasts and Analysis - By Type
10.1.4 North America Aromatic Isocyanates Market Forecasts and Analysis - By Application
10.1.5 North America Aromatic Isocyanates Market Forecasts and Analysis - By End-Use
10.1.6 North America Aromatic Isocyanates Market Forecasts and Analysis - By Countries
10.1.6.1 United States Aromatic Isocyanates Market
10.1.6.1.1 United States Aromatic Isocyanates Market by Type
10.1.6.1.2 United States Aromatic Isocyanates Market by Application
10.1.6.1.3 United States Aromatic Isocyanates Market by End-Use
10.1.6.2 Canada Aromatic Isocyanates Market
10.1.6.2.1 Canada Aromatic Isocyanates Market by Type
10.1.6.2.2 Canada Aromatic Isocyanates Market by Application
10.1.6.2.3 Canada Aromatic Isocyanates Market by End-Use
10.1.6.3 Mexico Aromatic Isocyanates Market
10.1.6.3.1 Mexico Aromatic Isocyanates Market by Type
10.1.6.3.2 Mexico Aromatic Isocyanates Market by Application
10.1.6.3.3 Mexico Aromatic Isocyanates Market by End-Use
10.2. EUROPE
10.2.1 Europe Aromatic Isocyanates Market Overview
10.2.2 Europe Aromatic Isocyanates Market Forecasts and Analysis
10.2.3 Europe Aromatic Isocyanates Market Forecasts and Analysis - By Type
10.2.4 Europe Aromatic Isocyanates Market Forecasts and Analysis - By Application
10.2.5 Europe Aromatic Isocyanates Market Forecasts and Analysis - By End-Use
10.2.6 Europe Aromatic Isocyanates Market Forecasts and Analysis - By Countries
10.2.6.1 Germany Aromatic Isocyanates Market
10.2.6.1.1 Germany Aromatic Isocyanates Market by Type
10.2.6.1.2 Germany Aromatic Isocyanates Market by Application
10.2.6.1.3 Germany Aromatic Isocyanates Market by End-Use
10.2.6.2 France Aromatic Isocyanates Market
10.2.6.2.1 France Aromatic Isocyanates Market by Type
10.2.6.2.2 France Aromatic Isocyanates Market by Application
10.2.6.2.3 France Aromatic Isocyanates Market by End-Use
10.2.6.3 Italy Aromatic Isocyanates Market
10.2.6.3.1 Italy Aromatic Isocyanates Market by Type
10.2.6.3.2 Italy Aromatic Isocyanates Market by Application
10.2.6.3.3 Italy Aromatic Isocyanates Market by End-Use
10.2.6.4 United Kingdom Aromatic Isocyanates Market
10.2.6.4.1 United Kingdom Aromatic Isocyanates Market by Type
10.2.6.4.2 United Kingdom Aromatic Isocyanates Market by Application
10.2.6.4.3 United Kingdom Aromatic Isocyanates Market by End-Use
10.2.6.5 Russia Aromatic Isocyanates Market
10.2.6.5.1 Russia Aromatic Isocyanates Market by Type
10.2.6.5.2 Russia Aromatic Isocyanates Market by Application
10.2.6.5.3 Russia Aromatic Isocyanates Market by End-Use
10.2.6.6 Rest of Europe Aromatic Isocyanates Market
10.2.6.6.1 Rest of Europe Aromatic Isocyanates Market by Type
10.2.6.6.2 Rest of Europe Aromatic Isocyanates Market by Application
10.2.6.6.3 Rest of Europe Aromatic Isocyanates Market by End-Use
10.3. ASIA-PACIFIC
10.3.1 Asia-Pacific Aromatic Isocyanates Market Overview
10.3.2 Asia-Pacific Aromatic Isocyanates Market Forecasts and Analysis
10.3.3 Asia-Pacific Aromatic Isocyanates Market Forecasts and Analysis - By Type
10.3.4 Asia-Pacific Aromatic Isocyanates Market Forecasts and Analysis - By Application
10.3.5 Asia-Pacific Aromatic Isocyanates Market Forecasts and Analysis - By End-Use
10.3.6 Asia-Pacific Aromatic Isocyanates Market Forecasts and Analysis - By Countries
10.3.6.1 Australia Aromatic Isocyanates Market
10.3.6.1.1 Australia Aromatic Isocyanates Market by Type
10.3.6.1.2 Australia Aromatic Isocyanates Market by Application
10.3.6.1.3 Australia Aromatic Isocyanates Market by End-Use
10.3.6.2 China Aromatic Isocyanates Market
10.3.6.2.1 China Aromatic Isocyanates Market by Type
10.3.6.2.2 China Aromatic Isocyanates Market by Application
10.3.6.2.3 China Aromatic Isocyanates Market by End-Use
10.3.6.3 India Aromatic Isocyanates Market
10.3.6.3.1 India Aromatic Isocyanates Market by Type
10.3.6.3.2 India Aromatic Isocyanates Market by Application
10.3.6.3.3 India Aromatic Isocyanates Market by End-Use
10.3.6.4 Japan Aromatic Isocyanates Market
10.3.6.4.1 Japan Aromatic Isocyanates Market by Type
10.3.6.4.2 Japan Aromatic Isocyanates Market by Application
10.3.6.4.3 Japan Aromatic Isocyanates Market by End-Use
10.3.6.5 South Korea Aromatic Isocyanates Market
10.3.6.5.1 South Korea Aromatic Isocyanates Market by Type
10.3.6.5.2 South Korea Aromatic Isocyanates Market by Application
10.3.6.5.3 South Korea Aromatic Isocyanates Market by End-Use
10.3.6.6 Rest of Asia-Pacific Aromatic Isocyanates Market
10.3.6.6.1 Rest of Asia-Pacific Aromatic Isocyanates Market by Type
10.3.6.6.2 Rest of Asia-Pacific Aromatic Isocyanates Market by Application
10.3.6.6.3 Rest of Asia-Pacific Aromatic Isocyanates Market by End-Use
10.4. MIDDLE EAST AND AFRICA
10.4.1 Middle East and Africa Aromatic Isocyanates Market Overview
10.4.2 Middle East and Africa Aromatic Isocyanates Market Forecasts and Analysis
10.4.3 Middle East and Africa Aromatic Isocyanates Market Forecasts and Analysis - By Type
10.4.4 Middle East and Africa Aromatic Isocyanates Market Forecasts and Analysis - By Application
10.4.5 Middle East and Africa Aromatic Isocyanates Market Forecasts and Analysis - By End-Use
10.4.6 Middle East and Africa Aromatic Isocyanates Market Forecasts and Analysis - By Countries
10.4.6.1 South Africa Aromatic Isocyanates Market
10.4.6.1.1 South Africa Aromatic Isocyanates Market by Type
10.4.6.1.2 South Africa Aromatic Isocyanates Market by Application
10.4.6.1.3 South Africa Aromatic Isocyanates Market by End-Use
10.4.6.2 Saudi Arabia Aromatic Isocyanates Market
10.4.6.2.1 Saudi Arabia Aromatic Isocyanates Market by Type
10.4.6.2.2 Saudi Arabia Aromatic Isocyanates Market by Application
10.4.6.2.3 Saudi Arabia Aromatic Isocyanates Market by End-Use
10.4.6.3 U.A.E Aromatic Isocyanates Market
10.4.6.3.1 U.A.E Aromatic Isocyanates Market by Type
10.4.6.3.2 U.A.E Aromatic Isocyanates Market by Application
10.4.6.3.3 U.A.E Aromatic Isocyanates Market by End-Use
10.4.6.4 Rest of Middle East and Africa Aromatic Isocyanates Market
10.4.6.4.1 Rest of Middle East and Africa Aromatic Isocyanates Market by Type
10.4.6.4.2 Rest of Middle East and Africa Aromatic Isocyanates Market by Application
10.4.6.4.3 Rest of Middle East and Africa Aromatic Isocyanates Market by End-Use
10.5. SOUTH AND CENTRAL AMERICA
10.5.1 South and Central America Aromatic Isocyanates Market Overview
10.5.2 South and Central America Aromatic Isocyanates Market Forecasts and Analysis
10.5.3 South and Central America Aromatic Isocyanates Market Forecasts and Analysis - By Type
10.5.4 South and Central America Aromatic Isocyanates Market Forecasts and Analysis - By Application
10.5.5 South and Central America Aromatic Isocyanates Market Forecasts and Analysis - By End-Use
10.5.6 South and Central America Aromatic Isocyanates Market Forecasts and Analysis - By Countries
10.5.6.1 Brazil Aromatic Isocyanates Market
10.5.6.1.1 Brazil Aromatic Isocyanates Market by Type
10.5.6.1.2 Brazil Aromatic Isocyanates Market by Application
10.5.6.1.3 Brazil Aromatic Isocyanates Market by End-Use
10.5.6.2 Argentina Aromatic Isocyanates Market
10.5.6.2.1 Argentina Aromatic Isocyanates Market by Type
10.5.6.2.2 Argentina Aromatic Isocyanates Market by Application
10.5.6.2.3 Argentina Aromatic Isocyanates Market by End-Use
10.5.6.3 Rest of South and Central America Aromatic Isocyanates Market
10.5.6.3.1 Rest of South and Central America Aromatic Isocyanates Market by Type
10.5.6.3.2 Rest of South and Central America Aromatic Isocyanates Market by Application
10.5.6.3.3 Rest of South and Central America Aromatic Isocyanates Market by End-Use
11. INDUSTRY LANDSCAPE
11.1. MERGERS AND ACQUISITIONS
11.2. AGREEMENTS, COLLABORATIONS AND JOIN VENTURES
11.3. NEW PRODUCT LAUNCHES
11.4. EXPANSIONS AND OTHER STRATEGIC DEVELOPMENTS
12. AROMATIC ISOCYANATES MARKET, KEY COMPANY PROFILES
12.1. BASF SE
12.1.1. Key Facts
12.1.2. Business Description
12.1.3. Products and Services
12.1.4. Financial Overview
12.1.5. SWOT Analysis
12.1.6. Key Developments
12.2. CANGZHOU DAHUA GROUP CO., LTD.
12.2.1. Key Facts
12.2.2. Business Description
12.2.3. Products and Services
12.2.4. Financial Overview
12.2.5. SWOT Analysis
12.2.6. Key Developments
12.3. CHEMTURA CORPORATION
12.3.1. Key Facts
12.3.2. Business Description
12.3.3. Products and Services
12.3.4. Financial Overview
12.3.5. SWOT Analysis
12.3.6. Key Developments
12.4. COVESTRO AG
12.4.1. Key Facts
12.4.2. Business Description
12.4.3. Products and Services
12.4.4. Financial Overview
12.4.5. SWOT Analysis
12.4.6. Key Developments
12.5. DOW CHEMICALS
12.5.1. Key Facts
12.5.2. Business Description
12.5.3. Products and Services
12.5.4. Financial Overview
12.5.5. SWOT Analysis
12.5.6. Key Developments
12.6. GUJARAT NARMADA VALLEY FERTILIZERS AND CHEMICALS LIMITED
12.6.1. Key Facts
12.6.2. Business Description
12.6.3. Products and Services
12.6.4. Financial Overview
12.6.5. SWOT Analysis
12.6.6. Key Developments
12.7. HUNTSMAN CORPORATION
12.7.1. Key Facts
12.7.2. Business Description
12.7.3. Products and Services
12.7.4. Financial Overview
12.7.5. SWOT Analysis
12.7.6. Key Developments
12.8. MITSUI CHEMICALS INC.
12.8.1. Key Facts
12.8.2. Business Description
12.8.3. Products and Services
12.8.4. Financial Overview
12.8.5. SWOT Analysis
12.8.6. Key Developments
12.9. VENCOREX
12.9.1. Key Facts
12.9.2. Business Description
12.9.3. Products and Services
12.9.4. Financial Overview
12.9.5. SWOT Analysis
12.9.6. Key Developments
12.10. WANHUA CHEMICAL CO., LTD
12.10.1. Key Facts
12.10.2. Business Description
12.10.3. Products and Services
12.10.4. Financial Overview
12.10.5. SWOT Analysis
12.10.6. Key Developments
13. APPENDIX
13.1. ABOUT THE INSIGHT PARTNERS
13.2. GLOSSARY OF TERMS
The List of Companies
1. BASF SE
2. Cangzhou Dahua Group Co., Ltd.
3. Chemtura Corporation
4. Covestro AG
5. Dow Chemicals
6. Gujarat Narmada Valley Fertilizers and Chemicals Limited
7. Huntsman Corporation
8. Mitsui Chemicals Inc.
9. Vencorex
10. Wanhua Chemical Co., Ltd
