‘The Isocyanate Market Will Reach $30.31 Billion In 2016’ Says New Visiongain Report

03 September 2016
Chemicals

A new report by visiongain calculates that the global isocyanate market will reach $30.31 billion in 2016. This forecast and others appear in the Isocyanate Market Report 2016-2026: Consumption (MT) & Market Forecasts ($) by Type (Toluene Diisocyanate (TDI), Methylene Diphenyl Diisocyanate (MDI), Aliphatic, Others) & Application Forecasts (Rigid Foam, Flexible Foam, Paints & Coatings, Adhesive & Sealants, Elastomers & Binders) Analysis of Top Companies BASF, Dow Chemical Company, Covestro, Chemtura, Evonik Industries, Huntsman Corporation published by visiongain, a leading business intelligence provider based in London, UK.

The consumption of isocyanates has increased significantly in recent years and is expected to grow at a more rapid pace during the coming decade. This report analyses the global isocyanate market for 4 key products: TDI, MDI, aliphatic and other. MDI and TDI are the largest isocyanate submarkets, while aliphatic has the smallest market share. MDI will retain a leading position in terms of market value between 2016-2026 due to its versatility and favourable characteristics that makes it suitable for various applications. In contrast, aliphatic products will be characterised by a more rapid growth rate over the coming years. Other products are expected to have the lowest growth rate in the next ten years.

For 2016, visiongain forecasts the global isocyanates market to be worth $30.31bn. Visiongain also estimates the global consumption of isocyanates to reach 11.77 million tonnes this year. In the long term, we anticipate the prospects for isocyanate to remain bright as global megatrends will continue driving isocyanate consumption in the future. Visiongain forecasts the largest growth in isocyanate demand to come from the BRIC nations and the Middle East region. We also expect major contributors to this growth will be within transportation and construction sectors.

This report contains 121 tables, charts and graphs that add visual analysis in order to explain developing trends within the market. Visiongain provides forecasts for the period 2016 to 2026 in terms of production (mt), consumption (mt) and spending ($bn) for the isocyanates market. In addition, four isocyanate types and six applications are forecasted and analysed over the period 2016 to 2026. The report also provides profiles of six leading companies operating within the market.

The Isocyanate Market Report 2016-2026: Consumption (MT) & Market Forecasts ($) by Type (Toluene Diisocyanate (TDI), Methylene Diphenyl Diisocyanate (MDI), Aliphatic, Others) & Application Forecasts (Rigid Foam, Flexible Foam, Paints & Coatings, Adhesive & Sealants, Elastomers & Binders) Analysis of Top Companies BASF, Dow Chemical Company, Covestro, Chemtura, Evonik Industries, Huntsman Corporation will be of value to current and future potential investors wanting to better understand the isocyanate industry and its underlying dynamics, as well as companies and research centres who wish to broaden their knowledge of the isocyanates market.

For sample pages and further information concerning the Isocyanate Market Report 2016-2026: Consumption (MT) & Market Forecasts ($) by Type (Toluene Diisocyanate (TDI), Methylene Diphenyl Diisocyanate (MDI), Aliphatic, Others) & Application Forecasts (Rigid Foam, Flexible Foam, Paints & Coatings, Adhesive & Sealants, Elastomers & Binders) Analysis of Top Companies BASF, Dow Chemical Company, Covestro, Chemtura, Evonik Industries, Huntsman Corporation visit https://www.visiongain.com/Sector/425/Chemicals

For an executive summary please contact:
Email: Sara Peerun on sara.peerun@visiongainglobal.com
Tel: +44 (0) 20 7336 6100

Notes for Editors
If you are interested in a more detailed overview of this report, please send an e-mail to sara.peerun@visiongainglobal.com or call her on +44 (0) 207 336 6100

About Visiongain
Visiongain is one of the fastest growing and most innovative independent media companies in Europe. Based in London, UK, visiongain produces a host of business-2-business conferences, newsletters, management reports and e-zines focusing on the Energy, Telecoms, Pharmaceutical, Defence, Materials sectors.

Visiongain publishes reports produced by its in-house analysts, who are qualified experts in their field. Visiongain has firmly established itself as the first port-of-call for the business professional, who needs independent, high quality, original material to rely and depend on.

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