Global Isocyanate Market Professional Survey Report 2019

Blocked isocyanate refers to a compound prepared by blocking a blocked group of isocyanate groups (-NCO) by a deblocking reaction that cannot be carried out at a lower temperature. This compound does not undergo polymerization at room temperature, but at a certain temperature and other conditions, the isocyanate groups in the blocked polyurethane can be regenerated, and a crosslinking reaction occurs to form a thermosetting polyurethane. The isocyanate group is blocked by reacting an isocyanate or a prepolymer containing a free isocyanate group with some active hydrogen-containing substance or a substance capable of reacting with an isocyanate group, so that the free isocyanate group is not reactive at normal temperature, that is, isocyanate is achieved. The base is closed. This blocking reaction is a reversible reaction under certain conditions, so that the blocked isocyanate group can function again.
Blocked isocyanate production is concentrated highly. Currently, there are several producing companies in the world Blocked Isocyanate industry. The main market players are Covestro, EMS, BAXENDEN, and Vencorex. They have several manufacturing plants around the world. The production of Blocked Isocyanate will increase to 22K MT in 2018 from 19K MT in 2013.
In consumption market, the global sales increases with the 7.55% average growth rate. Europe and North America are the mainly consumption regions due to the bigger demand of downstream applications.
Blocked isocyanate is mainly applied in production of coating and adhesives etc. With the development of economy, downstream applications will need more blocked isocyanate. So, Blocked Isocyanate has a huge market potential in the future.

The global Isocyanate market was valued at 210 million US$ in 2018 and will reach 400 million US$ by the end of 2025, growing at a CAGR of 9.3% during 2019-2025.
This report focuses on Isocyanate volume and value at global level, regional level and company level. From a global perspective, this report represents overall Isocyanate market size by analyzing historical data and future prospect.
Regionally, this report categorizes the production, apparent consumption, export and import of Isocyanate in North America, Europe, China, Japan, Southeast Asia and India.
For each manufacturer covered, this report analyzes their Isocyanate manufacturing sites, capacity, production, ex-factory price, revenue and market share in global market.

The following manufacturers are covered:
BAXENDEN
Vencorex
Covestro
Evonik
Rudolf
EMS
Leeson Polyurethanes
DIC
Asahi KASEI
Tosoh
Mitsui Chemicals
Meisei Chem
Jiang Xing Industry
Cale Chem
Shiquanxing
BoGao

Segment by Regions
North America
Europe
China
Japan
Southeast Asia
India

Segment by Type
Water-based Blocked Isocyanate
Solvent-based Blocked Isocyanate

Segment by Application
Single-Component Coating
Adhesive
Other