DUBLIN--(BUSINESS WIRE)--The "Global Isocynates Market - Segmented by Type, Application, End-user Industry and Geography - Growth, Trends and Forecast (2018 - 2023)" report has been added to ResearchAndMarkets.com's offering.
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.
MDI and TDI is primarily used in production of rigid & flexible polyurethane foams, which are used as insulating materials in homes, refrigerators, and many other uses. Insulating foams can help consumer save on their heating and cooling costs.
In Asia-Pacific, China is the world's largest producer and consumer of polyurethane products. China's demand for polyurethane products account for about 45% of global demand, and is expected to maintain a growth rate of around 10% over the next couple years, with the share in global demand for polyurethane products increasing to 55% by 2017. MDI is primarily used for polyurethane, in China. Polyurethane, MDI's primary application in India, is witnessing a boom in opportunities, with the expanding middle class, increasing disposable incomes, and rising urbanization, supplemented strongly by investments in infrastructure. In Japan, the production of polyurethane is on the rise. According Japan's Ministry of International Trade and Industry, year-to-date polyurethane production in Japan in September 2017 was 145 kilo metric ton, up 11.4% from 2016.
- DowDuPont Inc.
- Huntsman Corporation
- BASF SE
- Yantai Sanjiang Chemical Industry Material Co. Ltd.
- Anderson Development Company
- Asahi Kasei Chemicals
- Chemtura Corp.
- Evonik Industries
- Hebei Cangzhou Dahua Group
- Mitsui Chemicals
- Tosoh Corporation
- China National Bluestar (Group) Co,Ltd.
- Korea Fine Chemical
- Lyondell Chemical Company
Key Topics Covered:
2. Executive Summary
3. Market Insights
4. Market Dynamics
5. Market Segmentation and Analysis (Market Size, Growth, and Forecast)
6. Regional Market Analysis (Market Size, Growth and Forecast)
7. Competitive Landscape
8. Company Profiles (Overview, Products & Services, Financials**, and Recent Developments)
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