サンプル依頼リスト カート
  • English
  • Traditional Chinese
  • Simplified Chinese
デフォルト表紙
市場調査レポート
商品コード
1800806

イソシアネートの市場レポート：タイプ別、製造プロセス別、用途別、最終用途産業別、地域別、2025～2033年

Isocyanates Market Report by Type (Methylene Diphenyl Diisocyanate, Toluene Diphenyl Diisocyanate, Aliphatic Isocyanates, and Others), Manufacturing Process, Application, End-Use Industry, and Region 2025-2033

出版日
発行
IMARC
ページ情報
英文 120 Pages
納期
2～3営業日
カスタマイズ可能
価格
価格表記: USDを日本円(税抜)に換算
本日の銀行送金レート: 1USD=149.25円
イソシアネートの市場レポート：タイプ別、製造プロセス別、用途別、最終用途産業別、地域別、2025～2033年
出版日: 2025年08月01日
発行: IMARC
ページ情報: 英文 120 Pages
納期: 2～3営業日
GIIご利用のメリット
  • 全表示
  • 概要
  • 図表
  • 目次
概要

世界のイソシアネートの市場規模は2024年に321億米ドルに達しました。今後、IMARC Groupは、市場は2033年までに509億米ドルに達し、2025～2033年にかけて5.2%の成長率（CAGR）を示すと予測しています。さまざまな用途でのポリウレタン需要の増加、技術の発展、建設・自動車産業での使用の増加、エネルギー効率基準の高まり、新興国市場の経済発展、急速な都市化、インフラ整備、工業化の進展などが、火災警報・検知システムの世界市場を刺激する主な要因となっています。

イソシアネート市場の分析

  • 主な市場促進要因：自動車、建設、消費財産業など様々な最終用途産業におけるポリウレタン製品に対する需要の増加、製品用途を強化する技術革新、新興市場を中心とした世界の経済成長、イソシアネートベースの断熱材や発泡材の使用増加につながるエネルギー効率の高い素材への注目の高まりなどが市場成長を促進しています。
  • 主な市場動向：グリーンで持続可能な製造プロセスの普及、無毒で低排出ガスなイソシアネート製品の開発進展、バイオベースのポリウレタン需要の増加、エネルギー効率の高い建設材料へのシフトの高まりが、イソシアネート市場の主な動向です。また、ポリウレタン材料のリサイクルと再利用における技術革新への注目も高まっており、これも主要な市場動向の一つとなっています。
  • 競合情勢：世界のイソシアネート業界の主要市場プレーヤーには、Anderson Development Company、Asahi Kasei Corporation、BASF SE、Bayer AG、Cangzhou Dahua Group Co.Ltd.（ChinaNationalAgrochemicalCorporation）、Covestro AG、Evonik Industries AG、Huntsman Corporation、Mitsui Chemicals、The Dow Chemical Company、Wanhua Chemical Group Co.Ltd.などがあります。
  • 地理的動向：アジア太平洋地域は、急速な都市化と工業化により、イソシアネート市場の最大地域を占めています。建設活動の増加、自動車および建設セクターが市場の主要成長要因となっています。
  • 課題と機会：環境と健康に対する懸念の高まり、規制への対応、原材料価格の変動、バイオベースの代替品との競合など、いくつかの課題に直面しています。しかし、イノベーションと技術の進歩、新興市場における需要の拡大、エネルギー効率と持続可能性へのシフトの高まりが、市場成長の機会を生み出しています。

イソシアネート市場の動向

さまざまな最終用途産業からの需要拡大

イソシアネートは、建築、自動車、コーティング、家具、エレクトロニクスなど様々な産業で幅広く使用されており、イソシアネート市場の成長に影響を与える重要な要因の一つとなっています。自動車生産台数の増加と軽量で耐久性のある素材への需要に牽引される自動車産業の成長が、イソシアネートの需要をさらに押し上げています。貿易経済によると、米国の自動車生産台数は2024年1月の1,058万台から2月には1,078万台に増加しました。新興国を中心とした建設活動の活発化が、イソシアネートを主原料とするポリウレタン系製品の需要を促進しており、市場の成長を後押ししています。建設協会によると、2023年第1四半期の米国の建設事業所数は919万を超えました。同産業は800万人の従業員を雇用し、毎年約2兆1,000億米ドル相当の建設物を作り出しており、これがイソシアネート市場統計を牽引すると期待されています。

技術の大幅な進歩と革新

技術の進歩と革新の高まりは、全世界の市場において主要な成長誘発要因として作用しています。イソシアネートベースの製品の特性と性能の向上を目指した研究開発（R&D）活動の活発化が、新しい用途と配合の導入につながっており、これが市場の成長を後押ししています。例えば、Bayer AGは2023年に2億2,000万ユーロを投資して、モンハイムに新しい研究開発（R&D）センターを建設し、持続可能な農業への取り組みを強化しています。これがイソシアネート市場の最近の動向をさらに後押ししています。また、Covestroは2024年3月、ベルギーのアントワープに、ポリカーボネートコポリマーを工業規模で生産できる初の工場を開設しました。同社の新しいプラットフォーム技術は、革新的な無溶剤メルトプロセスと新しいリアクターコンセプトの組み合わせに基づいています。これらが市場の成長をさらに促進すると予想されます。

バイオベースに対する需要の高まりイソシアネート

持続可能性と環境保全への関心の高まりも、植物油やバイオマスなど再生可能な原料由来のバイオベースのイソシアネートへのシフトを後押ししています。世界各国の政府が排出量を制限し、持続可能な実践を促進するために厳しい規制を実施するようになっていることが、バイオベースのイソシアネートの採用を後押ししています。従来のイソシアネートが環境に与える影響に対する消費者の意識の高まりが、より環境に優しい代替品への需要を促進しており、これが市場の成長を促進しています。例えば、BASFはメチレンジフェニルジイソシアネート（MDI）のポートフォリオを拡大し、温室効果ガスを排出しない初の芳香族イソシアネートであるLupranat ZERO（ゼロエミッション、再生可能資源由来）を発表しました。Lupranat ZEROは、Cradle-to-Gate製品でカーボンフットプリント（PCF）がゼロです。これは、製品に関連する温室効果ガス排出量と製品に含まれるバイオベースカーボンを合わせた、BASF工場から顧客に届けられるまでの過程で、CO2を排出しないことを意味します。これにより、世界中でイソシアネートの市場シェアがさらに拡大すると予想されます。

目次

第1章 序文

第2章 調査範囲と調査手法

  • 調査の目的
  • ステークホルダー
  • データソース
    • 一次情報
    • 二次情報
  • 市場推定
    • ボトムアップアプローチ
    • トップダウンアプローチ
  • 調査手法

第3章 エグゼクティブサマリー

第4章 イントロダクション

第5章 世界のイソシアネート市場

  • 市場概要
  • 市場実績
  • COVID-19の影響
  • 市場予測

第6章 市場内訳：タイプ別

  • メチレンジフェニルジイソシアネート（MDI）
  • トルエンジフェニルジイソシアネート（TDI）
  • 脂肪族イソシアネート
  • その他

第7章 市場内訳：製造プロセス別

  • ホスゲン化プロセス
  • 非ホスゲン化プロセス

第8章 市場内訳：用途別

  • 硬質フォーム
  • 軟質フォーム
  • 塗料・コーティング
  • 接着剤・シーラント
  • エラストマー
  • バインダー
  • その他

第9章 市場内訳：最終用途産業別

  • 建築・建設
  • 自動車
  • ヘルスケア
  • 家具
  • その他

第10章 市場内訳：地域別

  • 北米
    • 米国
    • カナダ
  • アジア太平洋地域
    • 中国
    • 日本
    • インド
    • 韓国
    • オーストラリア
    • インドネシア
    • その他
  • 欧州
    • ドイツ
    • フランス
    • 英国
    • イタリア
    • スペイン
    • ロシア
    • その他
  • ラテンアメリカ
    • ブラジル
    • メキシコ
    • その他
  • 中東・アフリカ

第11章 SWOT分析

第12章 バリューチェーン分析

第13章 ポーターのファイブフォース分析

第14章 価格指標

第15章 競合情勢

  • 市場構造
  • 主要企業
  • 主要企業のプロファイル
    • Anderson Development Company
    • Asahi Kasei Corporation
    • BASF SE
    • Bayer AG
    • Cangzhou Dahua Group Co. Ltd.（China National Agrochemical Corporation）
    • Covestro AG
    • Evonik Industries AG
    • Huntsman Corporation
    • Mitsui Chemicals
    • The Dow Chemical Company
    • Wanhua Chemical Group Co. Ltd.
図表

List of Figures

  • Figure 1: Global: Isocyanates Market: Major Drivers and Challenges
  • Figure 2: Global: Isocyanates Market: Sales Value (in Billion USD), 2019-2024
  • Figure 3: Global: Isocyanates Market: Breakup by Type (in %), 2024
  • Figure 4: Global: Isocyanates Market: Breakup by Manufacturing Process (in %), 2024
  • Figure 5: Global: Isocyanates Market: Breakup by Application (in %), 2024
  • Figure 6: Global: Isocyanates Market: Breakup by End-Use Industry (in %), 2024
  • Figure 7: Global: Isocyanates Market: Breakup by Region (in %), 2024
  • Figure 8: Global: Isocyanates Market Forecast: Sales Value (in Billion USD), 2025-2033
  • Figure 9: Global: Isocyanates (Methylene Diphenyl Diisocyanate) Market: Sales Value (in Million USD), 2019 & 2024
  • Figure 10: Global: Isocyanates (Methylene Diphenyl Diisocyanate) Market Forecast: Sales Value (in Million USD), 2025-2033
  • Figure 11: Global: Isocyanates (Toluene Diphenyl Diisocyanate) Market: Sales Value (in Million USD), 2019 & 2024
  • Figure 12: Global: Isocyanates (Toluene Diphenyl Diisocyanate) Market Forecast: Sales Value (in Million USD), 2025-2033
  • Figure 13: Global: Isocyanates (Aliphatic Isocyanates) Market: Sales Value (in Million USD), 2019 & 2024
  • Figure 14: Global: Isocyanates (Aliphatic Isocyanates) Market Forecast: Sales Value (in Million USD), 2025-2033
  • Figure 15: Global: Isocyanates (Others) Market: Sales Value (in Million USD), 2019 & 2024
  • Figure 16: Global: Isocyanates (Others) Market Forecast: Sales Value (in Million USD), 2025-2033
  • Figure 17: Global: Isocyanates (Phosgenation Process) Market: Sales Value (in Million USD), 2019 & 2024
  • Figure 18: Global: Isocyanates (Phosgenation Process) Market Forecast: Sales Value (in Million USD), 2025-2033
  • Figure 19: Global: Isocyanates (Nonphosgenation Process) Market: Sales Value (in Million USD), 2019 & 2024
  • Figure 20: Global: Isocyanates (Nonphosgenation Process) Market Forecast: Sales Value (in Million USD), 2025-2033
  • Figure 21: Global: Isocyanates (Rigid Foam) Market: Sales Value (in Million USD), 2019 & 2024
  • Figure 22: Global: Isocyanates (Rigid Foam) Market Forecast: Sales Value (in Million USD), 2025-2033
  • Figure 23: Global: Isocyanates (Flexible Foam) Market: Sales Value (in Million USD), 2019 & 2024
  • Figure 24: Global: Isocyanates (Flexible Foam) Market Forecast: Sales Value (in Million USD), 2025-2033
  • Figure 25: Global: Isocyanates (Paints and Coatings) Market: Sales Value (in Million USD), 2019 & 2024
  • Figure 26: Global: Isocyanates (Paints and Coatings) Market Forecast: Sales Value (in Million USD), 2025-2033
  • Figure 27: Global: Isocyanates (Adhesives and Sealants) Market: Sales Value (in Million USD), 2019 & 2024
  • Figure 28: Global: Isocyanates (Adhesives and Sealants) Market Forecast: Sales Value (in Million USD), 2025-2033
  • Figure 29: Global: Isocyanates (Elastomers) Market: Sales Value (in Million USD), 2019 & 2024
  • Figure 30: Global: Isocyanates (Elastomers) Market Forecast: Sales Value (in Million USD), 2025-2033
  • Figure 31: Global: Isocyanates (Binders) Market: Sales Value (in Million USD), 2019 & 2024
  • Figure 32: Global: Isocyanates (Binders) Market Forecast: Sales Value (in Million USD), 2025-2033
  • Figure 33: Global: Isocyanates (Others) Market: Sales Value (in Million USD), 2019 & 2024
  • Figure 34: Global: Isocyanates (Others) Market Forecast: Sales Value (in Million USD), 2025-2033
  • Figure 35: Global: Isocyanates (Building and Construction) Market: Sales Value (in Million USD), 2019 & 2024
  • Figure 36: Global: Isocyanates (Building and Construction) Market Forecast: Sales Value (in Million USD), 2025-2033
  • Figure 37: Global: Isocyanates (Automotive) Market: Sales Value (in Million USD), 2019 & 2024
  • Figure 38: Global: Isocyanates (Automotive) Market Forecast: Sales Value (in Million USD), 2025-2033
  • Figure 39: Global: Isocyanates (Healthcare) Market: Sales Value (in Million USD), 2019 & 2024
  • Figure 40: Global: Isocyanates (Healthcare) Market Forecast: Sales Value (in Million USD), 2025-2033
  • Figure 41: Global: Isocyanates (Furniture) Market: Sales Value (in Million USD), 2019 & 2024
  • Figure 42: Global: Isocyanates (Furniture) Market Forecast: Sales Value (in Million USD), 2025-2033
  • Figure 43: Global: Isocyanates (Others) Market: Sales Value (in Million USD), 2019 & 2024
  • Figure 44: Global: Isocyanates (Others) Market Forecast: Sales Value (in Million USD), 2025-2033
  • Figure 45: North America: Isocyanates Market: Sales Value (in Million USD), 2019 & 2024
  • Figure 46: North America: Isocyanates Market Forecast: Sales Value (in Million USD), 2025-2033
  • Figure 47: United States: Isocyanates Market: Sales Value (in Million USD), 2019 & 2024
  • Figure 48: United States: Isocyanates Market Forecast: Sales Value (in Million USD), 2025-2033
  • Figure 49: Canada: Isocyanates Market: Sales Value (in Million USD), 2019 & 2024
  • Figure 50: Canada: Isocyanates Market Forecast: Sales Value (in Million USD), 2025-2033
  • Figure 51: Asia Pacific: Isocyanates Market: Sales Value (in Million USD), 2019 & 2024
  • Figure 52: Asia Pacific: Isocyanates Market Forecast: Sales Value (in Million USD), 2025-2033
  • Figure 53: China: Isocyanates Market: Sales Value (in Million USD), 2019 & 2024
  • Figure 54: China: Isocyanates Market Forecast: Sales Value (in Million USD), 2025-2033
  • Figure 55: Japan: Isocyanates Market: Sales Value (in Million USD), 2019 & 2024
  • Figure 56: Japan: Isocyanates Market Forecast: Sales Value (in Million USD), 2025-2033
  • Figure 57: India: Isocyanates Market: Sales Value (in Million USD), 2019 & 2024
  • Figure 58: India: Isocyanates Market Forecast: Sales Value (in Million USD), 2025-2033
  • Figure 59: South Korea: Isocyanates Market: Sales Value (in Million USD), 2019 & 2024
  • Figure 60: South Korea: Isocyanates Market Forecast: Sales Value (in Million USD), 2025-2033
  • Figure 61: Australia: Isocyanates Market: Sales Value (in Million USD), 2019 & 2024
  • Figure 62: Australia: Isocyanates Market Forecast: Sales Value (in Million USD), 2025-2033
  • Figure 63: Indonesia: Isocyanates Market: Sales Value (in Million USD), 2019 & 2024
  • Figure 64: Indonesia: Isocyanates Market Forecast: Sales Value (in Million USD), 2025-2033
  • Figure 65: Others: Isocyanates Market: Sales Value (in Million USD), 2019 & 2024
  • Figure 66: Others: Isocyanates Market Forecast: Sales Value (in Million USD), 2025-2033
  • Figure 67: Europe: Isocyanates Market: Sales Value (in Million USD), 2019 & 2024
  • Figure 68: Europe: Isocyanates Market Forecast: Sales Value (in Million USD), 2025-2033
  • Figure 69: Germany: Isocyanates Market: Sales Value (in Million USD), 2019 & 2024
  • Figure 70: Germany: Isocyanates Market Forecast: Sales Value (in Million USD), 2025-2033
  • Figure 71: France: Isocyanates Market: Sales Value (in Million USD), 2019 & 2024
  • Figure 72: France: Isocyanates Market Forecast: Sales Value (in Million USD), 2025-2033
  • Figure 73: United Kingdom: Isocyanates Market: Sales Value (in Million USD), 2019 & 2024
  • Figure 74: United Kingdom: Isocyanates Market Forecast: Sales Value (in Million USD), 2025-2033
  • Figure 75: Italy: Isocyanates Market: Sales Value (in Million USD), 2019 & 2024
  • Figure 76: Italy: Isocyanates Market Forecast: Sales Value (in Million USD), 2025-2033
  • Figure 77: Spain: Isocyanates Market: Sales Value (in Million USD), 2019 & 2024
  • Figure 78: Spain: Isocyanates Market Forecast: Sales Value (in Million USD), 2025-2033
  • Figure 79: Russia: Isocyanates Market: Sales Value (in Million USD), 2019 & 2024
  • Figure 80: Russia: Isocyanates Market Forecast: Sales Value (in Million USD), 2025-2033
  • Figure 81: Others: Isocyanates Market: Sales Value (in Million USD), 2019 & 2024
  • Figure 82: Others: Isocyanates Market Forecast: Sales Value (in Million USD), 2025-2033
  • Figure 83: Latin America: Isocyanates Market: Sales Value (in Million USD), 2019 & 2024
  • Figure 84: Latin America: Isocyanates Market Forecast: Sales Value (in Million USD), 2025-2033
  • Figure 85: Brazil: Isocyanates Market: Sales Value (in Million USD), 2019 & 2024
  • Figure 86: Brazil: Isocyanates Market Forecast: Sales Value (in Million USD), 2025-2033
  • Figure 87: Mexico: Isocyanates Market: Sales Value (in Million USD), 2019 & 2024
  • Figure 88: Mexico: Isocyanates Market Forecast: Sales Value (in Million USD), 2025-2033
  • Figure 89: Others: Isocyanates Market: Sales Value (in Million USD), 2019 & 2024
  • Figure 90: Others: Isocyanates Market Forecast: Sales Value (in Million USD), 2025-2033
  • Figure 91: Middle East and Africa: Isocyanates Market: Sales Value (in Million USD), 2019 & 2024
  • Figure 92: Middle East and Africa: Isocyanates Market Forecast: Sales Value (in Million USD), 2025-2033
  • Figure 93: Global: Isocyanates Industry: SWOT Analysis
  • Figure 94: Global: Isocyanates Industry: Value Chain Analysis
  • Figure 95: Global: Isocyanates Industry: Porter's Five Forces Analysis

List of Tables

  • Table 1: Global: Isocyanates Market: Key Industry Highlights, 2024 and 2033
  • Table 2: Global: Isocyanates Market Forecast: Breakup by Type (in Million USD), 2025-2033
  • Table 3: Global: Isocyanates Market Forecast: Breakup by Manufacturing Process (in Million USD), 2025-2033
  • Table 4: Global: Isocyanates Market Forecast: Breakup by Application (in Million USD), 2025-2033
  • Table 5: Global: Isocyanates Market Forecast: Breakup by End-Use Industry (in Million USD), 2025-2033
  • Table 6: Global: Isocyanates Market Forecast: Breakup by Region (in Million USD), 2025-2033
  • Table 7: Global: Isocyanates Market Structure
  • Table 8: Global: Isocyanates Market: Key Players
目次
Product Code: SR112025A2151

The global isocyanates market size reached USD 32.1 Billion in 2024. Looking forward, IMARC Group expects the market to reach USD 50.9 Billion by 2033, exhibiting a growth rate (CAGR) of 5.2% during 2025-2033. The increasing demand for polyurethane in various applications, technological advancements, rising use in construction and automotive industries, growing energy efficiency standards, economic development in emerging markets, rapid urbanization, infrastructure development, and rising industrialization are some of the key factors stimulating the global market for fire alarm and detection systems.

Global Isocyanates Market Analysis:

  • Major Market Drivers: The increasing demand for polyurethane products in the various end-use industries such as automotive, construction, and consumer goods industries, coupled with technological innovations enhancing product applications, global economic growth, particularly in emerging markets, and the rising focus on energy-efficient materials leading to increased use of isocyanate-based insulations and foams.
  • Key Market Trends: The widespread adoption of green and sustainable manufacturing processes, the rising development of non-toxic and low-emission isocyanate products, the increasing demand for bio-based polyurethanes, and the rising shift towards energy-efficient construction materials are the key trends in the isocyanates market. There's also a growing focus on innovation in recycling and reusing polyurethane materials which represents one of the key market trends.
  • Competitive Landscape: Some of the major market players in the global isocyanates industry include Anderson Development Company, Asahi Kasei Corporation, BASF SE, Bayer AG, Cangzhou Dahua Group Co. Ltd. (China National Agrochemical Corporation), Covestro AG, Evonik Industries AG, Huntsman Corporation, Mitsui Chemicals, The Dow Chemical Company, and Wanhua Chemical Group Co. Ltd., among many others.
  • Geographical Trends: Asia Pacific accounted for the largest region for the isocyanates market, on account of rapid urbanization and industrialization. The increasing construction activities, along with the automotive and construction sectors are acting as major growth-inducing factors in the market.
  • Challenges and Opportunities: The market is experiencing several challenges, such as rising environmental and health concerns, regulatory compliance, fluctuation in the prices of raw materials, and competition from bio-based alternatives. However, innovations and technological advancements, the growing demand in emerging markets, and the rising shift toward energy efficiency and sustainability are creating opportunities for the market growth.

Global Isocyanates Market Trends:

Growing Demand from Various End-Use Industry

The extensive use of isocyanates in various industries, including construction automotive, coatings, furniture, and electronics represents one of the key factors influencing the growth of the isocyanates market across the globe. The growing automotive sector, driven by the rising vehicle production and demand for lightweight, durable materials, is further driving the demand for isocyanates. According to the trading economy, car production in the United States increased to 10.78 million units in February from 10.58 million units in January of 2024. The increasing construction activities, especially in emerging economies, are fueling the demand for polyurethane-based products, which use isocyanates as a key raw material, thus bolstering the market growth. According to the Construction Association, there were more than 9,19,000 construction establishments in the United States in the first quarter of 2023. The industry employs 8.0 million employees and creates nearly $2.1 trillion worth of structures each year which is expected to drive the isocyanates market statistics.

Significant Advancements and Innovations in Technologies

The rising technological advancements and innovations are acting as major growth-inducing factors in the market across the globe. The increasing research and development (R&D) activities directed at enhancing the properties and performance of isocyanate-based products are leading to the introduction of new applications and formulations which is boosting the market growth. For instance, in 2023, Bayer AG invested 220 million euros to build a new research and development (R&D) center at the Monheim site, which is strengthening its commitment to sustainable agriculture. This is further driving the isocyanates market recent developments. For instance, in March 2024, Covestro inaugurated its first plant that can produce polycarbonate copolymers on an industrial scale at its Antwerp, Belgium site. The company's new platform technology is based on an innovative, solvent-free melt process in combination with a new reactor concept. This is further expected to fuel the market growth.

Rising Demand for Bio-Based Isocyanates

The market is also driven by the increasing focus on sustainability and environmental conservation which is boosting a shift towards bio-based isocyanates derived from renewable feedstocks, such as vegetable oils and biomass. The increasing implementation of strict regulations by governments in various countries across the globe to limit emissions and promote sustainable practices is driving the adoption of bio-based Isocyanates. The rising consumer awareness regarding the environmental impact of conventional isocyanates is driving the demand for greener alternatives, which is facilitating the growth of the market. For instance, in 2022, BASF expanded the portfolio of methylene diphenyl diisocyanate (MDI) and introduced Lupranat ZERO (Zero Emission, Renewable Origin) the first greenhouse gas-neutral aromatic isocyanate. Lupranat ZERO has an accounting Cradle-to-Gate1 Product Carbon Footprint2 (PCF) of zero, which means that on its way until it leaves the BASF factory gate for the customer - all product-related greenhouse gas emissions and the biobased carbon bound in the product taken together - it does not carry a CO2 backpack. This is further boosting the isocyanates market share across the globe.

Global Isocyanates Market Segmentation:

Type Insights:

  • Methylene Diphenyl Diisocyanate (MDI)
  • Toluene Diphenyl Diisocyanate (TDI)
  • Aliphatic Isocyanates
  • Others
  • Methylene Diphenyl Diisocyanate (MDI) dominates the market
  • The rising demand for methylene diphenyl diisocyanate (MDI) in producing polyurethane (PU) foams and materials is driving the segment growth in the market. MDI is well known for its exceptional bonding properties and versatility, thereby allowing for different applications across industries like automotive, consumer goods, and construction. The increasing use of MDI-based polyurethane foams for insulation in the construction industry is contributing to sustainability and energy efficiency which is boosting the isocyanates market growth. MDI is also used in producing lightweight and durable parts in the automotive industry, thereby enhancing vehicle fuel efficiency. For instance, in 2024, Chinese petrochemical producer Wanhua Chemical announced it had restarted a 400,000 t/yr methylene diphenyl diisocyanate (MDI) unit at its Ningbo complex in east China's Zhejiang province.

Manufacturing Process Insights:

  • Phosgenation Process
  • Nonphosgenation Process
  • The Phosgenation Process holds the largest share in the market
  • The isocyanates market report has provided a detailed breakup and analysis of the market based on the manufacturing process. This includes the phosgenation process and nonphosgenation process. According to the report, phosgenation process accounted for the largest market share.
  • The phosgenation process is an essential stage in producing isocyanates such as MDI and TDI. The demand for polyurethane products, which rely on isocyanates as a primary raw material, significantly fuels the need for phosgenation. This process's ability and efficiency to produce high-purity isocyanates at a large scale make it indispensable, despite concerns over phosgene's toxicity. Significant advancements in technology aiming to enhance the environmental performance and safety of phosgenation processes also contribute to its continued use. The growth of end-use industries such as automotive and construction, which broadly depend on polyurethane materials, sustains the demand for phosgenation in isocyanate production, thus supporting the isocyanates market demand.

Application Insights:

  • Rigid Foam
  • Flexible Foam
  • Paints and Coatings
  • Adhesives and Sealants
  • Elastomers
  • Binders
  • Others
  • Rigid Foam dominates the market
  • The isocyanates market research report has provided a detailed breakup and analysis of the market based on the application. This includes rigid foam, flexible foam, paints and coatings, adhesives and sealants, elastomers, binders, and others. According to the report, rigid foam represented the largest segment.
  • The widespread use of rigid foam in insulation for buildings and refrigeration systems is driving its demand in the market. The remarkable thermal insulation properties of rigid foam, along with its lightweight, durability, and strength, make it an ideal material for enhancing energy efficiency in construction and industrial applications. According to the 2020 Residential Energy Consumption Survey, 88% of United States households use air conditioning (AC). 2/3rd of U.S. households use central AC or a central heat pump as their main AC equipment. The rising construction in developing countries and the increasing need for energy-efficient cooling systems are contributing to the dominance of rigid form in the isocyanates market outlook.

End-Use Industry Insights:

  • Building and Construction
  • Automotive
  • Healthcare
  • Furniture
  • Others
  • Building and Construction dominates the market
  • The isocyanates market research report has provided a detailed breakup and analysis of the market based on the end-use industry. This includes building and construction, automotive, healthcare, furniture, and others. According to the report, building and construction represented the largest segment.
  • The extensive use of isocyanates in construction and building applications is driving the segment growth in the market. This is primarily due to the versatility and superior properties of isocyanates which is boosting the demand for isocyanates in the construction industry. The demand for isocyanates in the construction industry is also driving due to the use of isocyanates as sealants and adhesives providing strong durable bonds for various construction materials. For instance, in 2021, Bostik, the adhesive solution division of Arkema, implemented an ambitious development program strengthening its polyurethane (PU) sealants with a particular focus on sealing and bonding applications for the construction market.

Regional Insights:

  • North America
    • United States
    • Canada
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Australia
    • Indonesia
    • Others
  • Europe
    • Germany
    • France
    • United Kingdom
    • Italy
    • Spain
    • Russia
    • Others
  • Latin America
    • Brazil
    • Mexico
    • Others
  • Middle East and Africa
  • Asia Pacific dominates the market
  • The report has also provided a comprehensive analysis of all the major regional markets, which include North America (the United States and Canada); Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, and others); Europe (Germany, France, the United Kingdom, Italy, Spain, Russia, and others); Latin America (Brazil, Mexico, and others); and the Middle East and Africa. According to the report, Asia Pacific accounted for the largest market share.
  • Rapid industrialization and urbanization in the region are leading to significant growth in the automotive and construction sectors which is further contributing to the growth of the market in the Asia Pacific region. According to UN-Habitat, urbanization continues to be a defining megatrend in the Asia Pacific region. 54% of the global urban population, more than 2.2 billion people live in Asia. By 2050, the urban population in Asia is expected to grow by 50% and an additional 1.2 billion people which is likely to fuel the market growth in the region. The increasing demand for polyurethane products utilized widely in coatings, insulation, sealants, and adhesives is driving the market expansion. The increasing investment in the chemical sector along with local manufacturing advancements is facilitating the growth of the market in the region. For instance, in February 2024, Mitsui Chemicals, Inc., announced it had decided to increase production capacity at the meta-Xylylene Diisocyanate (XDI) plant within its Omuta Works in response to the growing demand for hardeners used in hardly yellowing coatings. This is further creating isocyanates market opportunities.

Competitive Landscape:

  • The market research report has also provided a comprehensive analysis of the competitive landscape in the market. Competitive analysis such as market structure, key player positioning, top winning strategies, competitive dashboard, and company evaluation quadrant has been covered in the report. Also, detailed profiles of all major companies have been provided. Some of the major market players in global isocyanates industry include Anderson Development Company, Asahi Kasei Corporation, BASF SE, Bayer AG, Cangzhou Dahua Group Co. Ltd. (China National Agrochemical Corporation), Covestro AG, Evonik Industries AG, Huntsman Corporation, Mitsui Chemicals, The Dow Chemical Company, Wanhua Chemical Group Co. Ltd.
  • (Please note that this is only a partial list of the key players, and the complete list is provided in the report.)

Key Questions Answered in This Report:

  • How has the global isocyanates market performed so far and how will it perform in the coming years?
  • What are the key regional markets?
  • What has been the impact of COVID-19 on the global isocyanates market?
  • What is the breakup of the market based on the type?
  • What is the breakup of the market based on the manufacturing process?
  • What is the breakup of the market based on the application?
  • What is the breakup of the market based on the end-use industry?
  • What are the various stages in the value chain of the industry?
  • What are the key driving factors and challenges in the industry?
  • What is the structure of the global isocyanates market and who are the key players?
  • What is the degree of competition in the industry?

Table of Contents

1 Preface

2 Scope and Methodology

  • 2.1 Objectives of the Study
  • 2.2 Stakeholders
  • 2.3 Data Sources
    • 2.3.1 Primary Sources
    • 2.3.2 Secondary Sources
  • 2.4 Market Estimation
    • 2.4.1 Bottom-Up Approach
    • 2.4.2 Top-Down Approach
  • 2.5 Forecasting Methodology

3 Executive Summary

4 Introduction

  • 4.1 Overview
  • 4.2 Key Industry Trends

5 Global Isocyanates Market

  • 5.1 Market Overview
  • 5.2 Market Performance
  • 5.3 Impact of COVID-19
  • 5.4 Market Forecast

6 Market Breakup by Type

  • 6.1 Methylene Diphenyl Diisocyanate (MDI)
    • 6.1.1 Market Trends
    • 6.1.2 Market Forecast
  • 6.2 Toluene Diphenyl Diisocyanate (TDI)
    • 6.2.1 Market Trends
    • 6.2.2 Market Forecast
  • 6.3 Aliphatic Isocyanates
    • 6.3.1 Market Trends
    • 6.3.2 Market Forecast
  • 6.4 Others
    • 6.4.1 Market Trends
    • 6.4.2 Market Forecast

7 Market Breakup by Manufacturing Process

  • 7.1 Phosgenation Process
    • 7.1.1 Market Trends
    • 7.1.2 Market Forecast
  • 7.2 Nonphosgenation Process
    • 7.2.1 Market Trends
    • 7.2.2 Market Forecast

8 Market Breakup by Application

  • 8.1 Rigid Foam
    • 8.1.1 Market Trends
    • 8.1.2 Market Forecast
  • 8.2 Flexible Foam
    • 8.2.1 Market Trends
    • 8.2.2 Market Forecast
  • 8.3 Paints and Coatings
    • 8.3.1 Market Trends
    • 8.3.2 Market Forecast
  • 8.4 Adhesives and Sealants
    • 8.4.1 Market Trends
    • 8.4.2 Market Forecast
  • 8.5 Elastomers
    • 8.5.1 Market Trends
    • 8.5.2 Market Forecast
  • 8.6 Binders
    • 8.6.1 Market Trends
    • 8.6.2 Market Forecast
  • 8.7 Others
    • 8.7.1 Market Trends
    • 8.7.2 Market Forecast

9 Market Breakup by End-Use Industry

  • 9.1 Building and Construction
    • 9.1.1 Market Trends
    • 9.1.2 Market Forecast
  • 9.2 Automotive
    • 9.2.1 Market Trends
    • 9.2.2 Market Forecast
  • 9.3 Healthcare
    • 9.3.1 Market Trends
    • 9.3.2 Market Forecast
  • 9.4 Furniture
    • 9.4.1 Market Trends
    • 9.4.2 Market Forecast
  • 9.5 Others
    • 9.5.1 Market Trends
    • 9.5.2 Market Forecast

10 Market Breakup by Region

  • 10.1 North America
    • 10.1.1 United States
      • 10.1.1.1 Market Trends
      • 10.1.1.2 Market Forecast
    • 10.1.2 Canada
      • 10.1.2.1 Market Trends
      • 10.1.2.2 Market Forecast
  • 10.2 Asia Pacific
    • 10.2.1 China
      • 10.2.1.1 Market Trends
      • 10.2.1.2 Market Forecast
    • 10.2.2 Japan
      • 10.2.2.1 Market Trends
      • 10.2.2.2 Market Forecast
    • 10.2.3 India
      • 10.2.3.1 Market Trends
      • 10.2.3.2 Market Forecast
    • 10.2.4 South Korea
      • 10.2.4.1 Market Trends
      • 10.2.4.2 Market Forecast
    • 10.2.5 Australia
      • 10.2.5.1 Market Trends
      • 10.2.5.2 Market Forecast
    • 10.2.6 Indonesia
      • 10.2.6.1 Market Trends
      • 10.2.6.2 Market Forecast
    • 10.2.7 Others
      • 10.2.7.1 Market Trends
      • 10.2.7.2 Market Forecast
  • 10.3 Europe
    • 10.3.1 Germany
      • 10.3.1.1 Market Trends
      • 10.3.1.2 Market Forecast
    • 10.3.2 France
      • 10.3.2.1 Market Trends
      • 10.3.2.2 Market Forecast
    • 10.3.3 United Kingdom
      • 10.3.3.1 Market Trends
      • 10.3.3.2 Market Forecast
    • 10.3.4 Italy
      • 10.3.4.1 Market Trends
      • 10.3.4.2 Market Forecast
    • 10.3.5 Spain
      • 10.3.5.1 Market Trends
      • 10.3.5.2 Market Forecast
    • 10.3.6 Russia
      • 10.3.6.1 Market Trends
      • 10.3.6.2 Market Forecast
    • 10.3.7 Others
      • 10.3.7.1 Market Trends
      • 10.3.7.2 Market Forecast
  • 10.4 Latin America
    • 10.4.1 Brazil
      • 10.4.1.1 Market Trends
      • 10.4.1.2 Market Forecast
    • 10.4.2 Mexico
      • 10.4.2.1 Market Trends
      • 10.4.2.2 Market Forecast
    • 10.4.3 Others
      • 10.4.3.1 Market Trends
      • 10.4.3.2 Market Forecast
  • 10.5 Middle East and Africa
    • 10.5.1 Market Trends
    • 10.5.2 Market Breakup by Country
    • 10.5.3 Market Forecast

11 SWOT Analysis

  • 11.1 Overview
  • 11.2 Strengths
  • 11.3 Weaknesses
  • 11.4 Opportunities
  • 11.5 Threats

12 Value Chain Analysis

13 Porters Five Forces Analysis

  • 13.1 Overview
  • 13.2 Bargaining Power of Buyers
  • 13.3 Bargaining Power of Suppliers
  • 13.4 Degree of Competition
  • 13.5 Threat of New Entrants
  • 13.6 Threat of Substitutes

14 Price Indicators

15 Competitive Landscape

  • 15.1 Market Structure
  • 15.2 Key Players
  • 15.3 Profiles of Key Players
    • 15.3.1 Anderson Development Company
      • 15.3.1.1 Company Overview
      • 15.3.1.2 Product Portfolio
    • 15.3.2 Asahi Kasei Corporation
      • 15.3.2.1 Company Overview
      • 15.3.2.2 Product Portfolio
      • 15.3.2.3 Financials
      • 15.3.2.4 SWOT Analysis
    • 15.3.3 BASF SE
      • 15.3.3.1 Company Overview
      • 15.3.3.2 Product Portfolio
      • 15.3.3.3 Financials
      • 15.3.3.4 SWOT Analysis
    • 15.3.4 Bayer AG
      • 15.3.4.1 Company Overview
      • 15.3.4.2 Product Portfolio
      • 15.3.4.3 Financials
      • 15.3.4.4 SWOT Analysis
    • 15.3.5 Cangzhou Dahua Group Co. Ltd. (China National Agrochemical Corporation)
      • 15.3.5.1 Company Overview
      • 15.3.5.2 Product Portfolio
    • 15.3.6 Covestro AG
      • 15.3.6.1 Company Overview
      • 15.3.6.2 Product Portfolio
      • 15.3.6.3 Financials
      • 15.3.6.4 SWOT Analysis
    • 15.3.7 Evonik Industries AG
      • 15.3.7.1 Company Overview
      • 15.3.7.2 Product Portfolio
      • 15.3.7.3 Financials
      • 15.3.7.4 SWOT Analysis
    • 15.3.8 Huntsman Corporation
      • 15.3.8.1 Company Overview
      • 15.3.8.2 Product Portfolio
      • 15.3.8.3 Financials
      • 15.3.8.4 SWOT Analysis
    • 15.3.9 Mitsui Chemicals
      • 15.3.9.1 Company Overview
      • 15.3.9.2 Product Portfolio
      • 15.3.9.3 Financials
      • 15.3.9.4 SWOT Analysis
    • 15.3.10 The Dow Chemical Company
      • 15.3.10.1 Company Overview
      • 15.3.10.2 Product Portfolio
    • 15.3.11 Wanhua Chemical Group Co. Ltd.
      • 15.3.11.1 Company Overview
      • 15.3.11.2 Product Portfolio
      • 15.3.11.3 Financials
      • 15.3.11.4 SWOT Analysis