Global Isocyanate Market Research Report 2025

Industry: Chemical & Material

Published: 2025-04-30

Pages: 106 Pages

Report ld: 4196205

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Description
Table of Contents
Table of Figures
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Description
Table of Contents
Table of Figures
Related Reports
PDF Download

Description

The global market for Isocyanate was valued at US$ 36240 million in the year 2024 and is projected to reach a revised size of US$ 61810 million by 2031, growing at a CAGR of 8.4% during the forecast period.

The 2025 U.S. tariff policies introduce profound uncertainty into the global economic landscape. This report critically examines the implications of recent tariff adjustments and international strategic countermeasures on Isocyanate competitive dynamics, regional economic interdependencies, and supply chain reconfigurations.

Isocyanate Market Size(US$)

M= millions and B=billions

Isocyanates can be classified into two subgroups: aromatic diisocyanates and aliphatic diisocyanates. The main aromatic ones are 4,4′-diphenylmethane diisocyanate (MDI) and toluene diisocyanate (TDI). Regarding the aliphatic hardeners, three main chemicals must be mentioned: 1,6-hexamethylene diisocyanate (HDI), isophorone diisocyanate (IPDI), and the hydrogenated MDI 4,4′-dicyclohexane diisocyanate (H12-MDI).

Isocyanates, particularly diisocyanates such as TDI (toluene diisocyanate) and MDI (methylene diphenyl diisocyanate), are key raw materials in the production of polyurethane foams, coatings, adhesives, and sealants. The automotive industry is one of the largest consumers of these products, using them in car interiors, seat cushions, insulation, and adhesives for various components. The expanding automotive sector, driven by increasing vehicle production and rising consumer demand for comfort and safety, is fueling the demand for isocyanates. Isocyanates are widely used in the construction industry for the production of rigid and flexible polyurethane foams, insulation materials, coatings, and adhesives. The construction sector's growth, led by urbanization, industrialization, and government investments in infrastructure development, generates a significant demand for isocyanates. These materials offer thermal insulation, adhesion, and moisture resistance properties, making them suitable for construction applications. Polyurethane foams, which require isocyanates as a component, play a crucial role in the furniture and bedding industry. Isocyanates are used in the production of comfortable and durable mattresses, cushions, sofas, and chairs. With the rising disposable income and changing lifestyles, the demand for furniture and bedding products is increasing, driving the demand for isocyanates. Isocyanates are utilized in the production of insulating foams, coatings, and adhesives for appliances and electronic devices. These materials provide thermal insulation, electrical insulation, and protective coatings, ensuring the efficiency and reliability of appliances and electronic products. With the continuous advancements in technology and the increasing adoption of smart home appliances and electronics, the demand for isocyanates is expected to grow. Isocyanates are essential components in the formulation of high-performance coatings, providing durability, chemical resistance, and weatherability. They are particularly used in two-component polyurethane coatings, which find applications in automotive refinishing, industrial coatings, and architectural paints. As industries and consumers increasingly demand high-quality finishes and long-lasting coatings, the demand for isocyanates in the paints and coatings industry is rising. Ongoing research and development activities in the field of isocyanates focus on developing improved and sustainable alternatives with reduced health and environmental impacts. Innovations such as low-VOC (volatile organic compounds) coatings, water-based polyurethane systems, and bio-based isocyanates are gaining attention. These advancements drive market growth by meeting stringent regulations, addressing customer concerns, and providing eco-friendly solutions. The demand for isocyanates is increasing in emerging economies, such as China, India, and Southeast Asian countries, due to rapid industrialization, urbanization, and infrastructure development. These regions are witnessing significant growth in automotive production, construction activities, and the manufacturing sector, leading to higher demand for isocyanates. The isocyanate market is influenced by stringent regulations aimed at reducing harmful emissions and promoting environmental sustainability. Regulatory bodies impose restrictions on the use and emissions of certain isocyanate compounds, driving the industry to develop safer and more sustainable alternatives. Environmentally friendly isocyanate derivatives, such as waterborne polyurethane systems, are gaining popularity as they offer reduced emissions and improved safety profiles.

Report Scope
This report aims to provide a comprehensive presentation of the global market for Isocyanate, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Isocyanate.

The Isocyanate market size, estimations, and forecasts are provided in terms of output/shipments (Kilotons) and revenue ($ millions), considering 2024 as the base year, with history and forecast data for the period from 2020 to 2031. This report segments the global Isocyanate market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.

For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.

The report will help the Isocyanate manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.

Report Metric
Details
Report Title
Global Isocyanate Market Research Report 2025
Forecasted Market Size in 2031
US$ 61810 million
CAGR(2025-2031)
8.4%
Market Size Available for Years
2025-2031
Global Isocyanate Companies Covered
Wanhua Chemical
BASF
Covestro
Dow
Huntsman
Mitsui Chemicals
Tosoh
Kumho Mitsui Chemicals
Hanwha
Evonik
Asahi Kasei
SABIC
Gujarat Narmada Valley Fertilizers & Chemicals (GNFC)
DIC
Karoon Petrochemical Company (KRNPC)
OCI
Cangzhou Dahua Group
Gansu Yinguang Chemical (Norinco Group)
Global Isocyanate Market, by Region
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Isocyanate Market, Segment by Type
Methylene Diphenyl Diisocyanate (MDI)
Toluene Diisocyanate (TDI)
Aliphatic Isocyanate
Global Isocyanate Market, Segment by Application
Rigid Foam
Flexible Foam
Paints and Coatings
Adhesives and Sealants
Elastomers
Others
Forecast Units
USD million in value
Report Coverage
Revenue and volume forecast, company share, competitive landscape, growth factors and trends

Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Detailed analysis of Isocyanate manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Production/output, value of Isocyanate by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 4: Consumption of Isocyanate in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and production of each country in the world.
Chapter 5: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 6: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: The main points and conclusions of the report.

Table of Contents

1 Isocyanate Market Overview
    1.1 Product Definition
    1.2 Isocyanate by Type
        1.2.1 Global Isocyanate Market Value Growth Rate Analysis by Type: 2024 VS 2031
        1.2.2 Methylene Diphenyl Diisocyanate (MDI)
        1.2.3 Toluene Diisocyanate (TDI)
        1.2.4 Aliphatic Isocyanate
    1.3 Isocyanate by Application
        1.3.1 Global Isocyanate Market Value Growth Rate Analysis by Application: 2024 VS 2031
        1.3.2 Rigid Foam
        1.3.3 Flexible Foam
        1.3.4 Paints and Coatings
        1.3.5 Adhesives and Sealants
        1.3.6 Elastomers
        1.3.7 Others
    1.4 Global Market Growth Prospects
        1.4.1 Global Isocyanate Production Value Estimates and Forecasts (2020-2031)
        1.4.2 Global Isocyanate Production Capacity Estimates and Forecasts (2020-2031)
        1.4.3 Global Isocyanate Production Estimates and Forecasts (2020-2031)
        1.4.4 Global Isocyanate Market Average Price Estimates and Forecasts (2020-2031)
    1.5 Assumptions and Limitations

2 Market Competition by Manufacturers
    2.1 Global Isocyanate Production Market Share by Manufacturers (2020-2025)
    2.2 Global Isocyanate Production Value Market Share by Manufacturers (2020-2025)
    2.3 Global Key Players of Isocyanate, Industry Ranking, 2023 VS 2024
    2.4 Global Isocyanate Company Type and Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
    2.5 Global Isocyanate Average Price by Manufacturers (2020-2025)
    2.6 Global Key Manufacturers of Isocyanate, Manufacturing Base Distribution and Headquarters
    2.7 Global Key Manufacturers of Isocyanate, Product Offered and Application
    2.8 Global Key Manufacturers of Isocyanate, Date of Enter into This Industry
    2.9 Isocyanate Market Competitive Situation and Trends
        2.9.1 Isocyanate Market Concentration Rate
        2.9.2 Global 5 and 10 Largest Isocyanate Players Market Share by Revenue
    2.10 Mergers & Acquisitions, Expansion

3 Isocyanate Production by Region
    3.1 Global Isocyanate Production Value Estimates and Forecasts by Region: 2020 VS 2024 VS 2031
    3.2 Global Isocyanate Production Value by Region (2020-2031)
        3.2.1 Global Isocyanate Production Value by Region (2020-2025)
        3.2.2 Global Forecasted Production Value of Isocyanate by Region (2026-2031)
    3.3 Global Isocyanate Production Estimates and Forecasts by Region: 2020 VS 2024 VS 2031
    3.4 Global Isocyanate Production Volume by Region (2020-2031)
        3.4.1 Global Isocyanate Production by Region (2020-2025)
        3.4.2 Global Forecasted Production of Isocyanate by Region (2026-2031)
    3.5 Global Isocyanate Market Price Analysis by Region (2020-2025)
    3.6 Global Isocyanate Production and Value, Year-over-Year Growth
        3.6.1 North America Isocyanate Production Value Estimates and Forecasts (2020-2031)
        3.6.2 Europe Isocyanate Production Value Estimates and Forecasts (2020-2031)
        3.6.3 China Isocyanate Production Value Estimates and Forecasts (2020-2031)
        3.6.4 Japan Isocyanate Production Value Estimates and Forecasts (2020-2031)
        3.6.5 South Korea Isocyanate Production Value Estimates and Forecasts (2020-2031)
        3.6.6 India Isocyanate Production Value Estimates and Forecasts (2020-2031)

4 Isocyanate Consumption by Region
    4.1 Global Isocyanate Consumption Estimates and Forecasts by Region: 2020 VS 2024 VS 2031
    4.2 Global Isocyanate Consumption by Region (2020-2031)
        4.2.1 Global Isocyanate Consumption by Region (2020-2025)
        4.2.2 Global Isocyanate Forecasted Consumption by Region (2026-2031)
    4.3 North America
        4.3.1 North America Isocyanate Consumption Growth Rate by Country: 2020 VS 2024 VS 2031
        4.3.2 North America Isocyanate Consumption by Country (2020-2031)
        4.3.3 U.S.
        4.3.4 Canada
    4.4 Europe
        4.4.1 Europe Isocyanate Consumption Growth Rate by Country: 2020 VS 2024 VS 2031
        4.4.2 Europe Isocyanate Consumption by Country (2020-2031)
        4.4.3 Germany
        4.4.4 France
        4.4.5 U.K.
        4.4.6 Italy
        4.4.7 Russia
    4.5 Asia Pacific
        4.5.1 Asia Pacific Isocyanate Consumption Growth Rate by Region: 2020 VS 2024 VS 2031
        4.5.2 Asia Pacific Isocyanate Consumption by Region (2020-2031)
        4.5.3 China
        4.5.4 Japan
        4.5.5 South Korea
        4.5.6 China Taiwan
        4.5.7 Southeast Asia
        4.5.8 India
    4.6 Latin America, Middle East & Africa
        4.6.1 Latin America, Middle East & Africa Isocyanate Consumption Growth Rate by Country: 2020 VS 2024 VS 2031
        4.6.2 Latin America, Middle East & Africa Isocyanate Consumption by Country (2020-2031)
        4.6.3 Mexico
        4.6.4 Brazil
        4.6.5 Turkey
        4.6.6 GCC Countries

5 Segment by Type
    5.1 Global Isocyanate Production by Type (2020-2031)
        5.1.1 Global Isocyanate Production by Type (2020-2025)
        5.1.2 Global Isocyanate Production by Type (2026-2031)
        5.1.3 Global Isocyanate Production Market Share by Type (2020-2031)
    5.2 Global Isocyanate Production Value by Type (2020-2031)
        5.2.1 Global Isocyanate Production Value by Type (2020-2025)
        5.2.2 Global Isocyanate Production Value by Type (2026-2031)
        5.2.3 Global Isocyanate Production Value Market Share by Type (2020-2031)
    5.3 Global Isocyanate Price by Type (2020-2031)

6 Segment by Application
    6.1 Global Isocyanate Production by Application (2020-2031)
        6.1.1 Global Isocyanate Production by Application (2020-2025)
        6.1.2 Global Isocyanate Production by Application (2026-2031)
        6.1.3 Global Isocyanate Production Market Share by Application (2020-2031)
    6.2 Global Isocyanate Production Value by Application (2020-2031)
        6.2.1 Global Isocyanate Production Value by Application (2020-2025)
        6.2.2 Global Isocyanate Production Value by Application (2026-2031)
        6.2.3 Global Isocyanate Production Value Market Share by Application (2020-2031)
    6.3 Global Isocyanate Price by Application (2020-2031)

7 Key Companies Profiled
    7.1 Wanhua Chemical
        7.1.1 Wanhua Chemical Isocyanate Company Information
        7.1.2 Wanhua Chemical Isocyanate Product Portfolio
        7.1.3 Wanhua Chemical Isocyanate Production, Value, Price and Gross Margin (2020-2025)
        7.1.4 Wanhua Chemical Main Business and Markets Served
        7.1.5 Wanhua Chemical Recent Developments/Updates
    7.2 BASF
        7.2.1 BASF Isocyanate Company Information
        7.2.2 BASF Isocyanate Product Portfolio
        7.2.3 BASF Isocyanate Production, Value, Price and Gross Margin (2020-2025)
        7.2.4 BASF Main Business and Markets Served
        7.2.5 BASF Recent Developments/Updates
    7.3 Covestro
        7.3.1 Covestro Isocyanate Company Information
        7.3.2 Covestro Isocyanate Product Portfolio
        7.3.3 Covestro Isocyanate Production, Value, Price and Gross Margin (2020-2025)
        7.3.4 Covestro Main Business and Markets Served
        7.3.5 Covestro Recent Developments/Updates
    7.4 Dow
        7.4.1 Dow Isocyanate Company Information
        7.4.2 Dow Isocyanate Product Portfolio
        7.4.3 Dow Isocyanate Production, Value, Price and Gross Margin (2020-2025)
        7.4.4 Dow Main Business and Markets Served
        7.4.5 Dow Recent Developments/Updates
    7.5 Huntsman
        7.5.1 Huntsman Isocyanate Company Information
        7.5.2 Huntsman Isocyanate Product Portfolio
        7.5.3 Huntsman Isocyanate Production, Value, Price and Gross Margin (2020-2025)
        7.5.4 Huntsman Main Business and Markets Served
        7.5.5 Huntsman Recent Developments/Updates
    7.6 Mitsui Chemicals
        7.6.1 Mitsui Chemicals Isocyanate Company Information
        7.6.2 Mitsui Chemicals Isocyanate Product Portfolio
        7.6.3 Mitsui Chemicals Isocyanate Production, Value, Price and Gross Margin (2020-2025)
        7.6.4 Mitsui Chemicals Main Business and Markets Served
        7.6.5 Mitsui Chemicals Recent Developments/Updates
    7.7 Tosoh
        7.7.1 Tosoh Isocyanate Company Information
        7.7.2 Tosoh Isocyanate Product Portfolio
        7.7.3 Tosoh Isocyanate Production, Value, Price and Gross Margin (2020-2025)
        7.7.4 Tosoh Main Business and Markets Served
        7.7.5 Tosoh Recent Developments/Updates
    7.8 Kumho Mitsui Chemicals
        7.8.1 Kumho Mitsui Chemicals Isocyanate Company Information
        7.8.2 Kumho Mitsui Chemicals Isocyanate Product Portfolio
        7.8.3 Kumho Mitsui Chemicals Isocyanate Production, Value, Price and Gross Margin (2020-2025)
        7.8.4 Kumho Mitsui Chemicals Main Business and Markets Served
        7.8.5 Kumho Mitsui Chemicals Recent Developments/Updates
    7.9 Hanwha
        7.9.1 Hanwha Isocyanate Company Information
        7.9.2 Hanwha Isocyanate Product Portfolio
        7.9.3 Hanwha Isocyanate Production, Value, Price and Gross Margin (2020-2025)
        7.9.4 Hanwha Main Business and Markets Served
        7.9.5 Hanwha Recent Developments/Updates
    7.10 Evonik
        7.10.1 Evonik Isocyanate Company Information
        7.10.2 Evonik Isocyanate Product Portfolio
        7.10.3 Evonik Isocyanate Production, Value, Price and Gross Margin (2020-2025)
        7.10.4 Evonik Main Business and Markets Served
        7.10.5 Evonik Recent Developments/Updates
    7.11 Asahi Kasei
        7.11.1 Asahi Kasei Isocyanate Company Information
        7.11.2 Asahi Kasei Isocyanate Product Portfolio
        7.11.3 Asahi Kasei Isocyanate Production, Value, Price and Gross Margin (2020-2025)
        7.11.4 Asahi Kasei Main Business and Markets Served
        7.11.5 Asahi Kasei Recent Developments/Updates
    7.12 SABIC
        7.12.1 SABIC Isocyanate Company Information
        7.12.2 SABIC Isocyanate Product Portfolio
        7.12.3 SABIC Isocyanate Production, Value, Price and Gross Margin (2020-2025)
        7.12.4 SABIC Main Business and Markets Served
        7.12.5 SABIC Recent Developments/Updates
    7.13 Gujarat Narmada Valley Fertilizers & Chemicals (GNFC)
        7.13.1 Gujarat Narmada Valley Fertilizers & Chemicals (GNFC) Isocyanate Company Information
        7.13.2 Gujarat Narmada Valley Fertilizers & Chemicals (GNFC) Isocyanate Product Portfolio
        7.13.3 Gujarat Narmada Valley Fertilizers & Chemicals (GNFC) Isocyanate Production, Value, Price and Gross Margin (2020-2025)
        7.13.4 Gujarat Narmada Valley Fertilizers & Chemicals (GNFC) Main Business and Markets Served
        7.13.5 Gujarat Narmada Valley Fertilizers & Chemicals (GNFC) Recent Developments/Updates
    7.14 DIC
        7.14.1 DIC Isocyanate Company Information
        7.14.2 DIC Isocyanate Product Portfolio
        7.14.3 DIC Isocyanate Production, Value, Price and Gross Margin (2020-2025)
        7.14.4 DIC Main Business and Markets Served
        7.14.5 DIC Recent Developments/Updates
    7.15 Karoon Petrochemical Company (KRNPC)
        7.15.1 Karoon Petrochemical Company (KRNPC) Isocyanate Company Information
        7.15.2 Karoon Petrochemical Company (KRNPC) Isocyanate Product Portfolio
        7.15.3 Karoon Petrochemical Company (KRNPC) Isocyanate Production, Value, Price and Gross Margin (2020-2025)
        7.15.4 Karoon Petrochemical Company (KRNPC) Main Business and Markets Served
        7.15.5 Karoon Petrochemical Company (KRNPC) Recent Developments/Updates
    7.16 OCI
        7.16.1 OCI Isocyanate Company Information
        7.16.2 OCI Isocyanate Product Portfolio
        7.16.3 OCI Isocyanate Production, Value, Price and Gross Margin (2020-2025)
        7.16.4 OCI Main Business and Markets Served
        7.16.5 OCI Recent Developments/Updates
    7.17 Cangzhou Dahua Group
        7.17.1 Cangzhou Dahua Group Isocyanate Company Information
        7.17.2 Cangzhou Dahua Group Isocyanate Product Portfolio
        7.17.3 Cangzhou Dahua Group Isocyanate Production, Value, Price and Gross Margin (2020-2025)
        7.17.4 Cangzhou Dahua Group Main Business and Markets Served
        7.17.5 Cangzhou Dahua Group Recent Developments/Updates
    7.18 Gansu Yinguang Chemical (Norinco Group)
        7.18.1 Gansu Yinguang Chemical (Norinco Group) Isocyanate Company Information
        7.18.2 Gansu Yinguang Chemical (Norinco Group) Isocyanate Product Portfolio
        7.18.3 Gansu Yinguang Chemical (Norinco Group) Isocyanate Production, Value, Price and Gross Margin (2020-2025)
        7.18.4 Gansu Yinguang Chemical (Norinco Group) Main Business and Markets Served
        7.18.5 Gansu Yinguang Chemical (Norinco Group) Recent Developments/Updates

8 Industry Chain and Sales Channels Analysis
    8.1 Isocyanate Industry Chain Analysis
    8.2 Isocyanate Raw Material Supply Analysis
        8.2.1 Key Raw Materials
        8.2.2 Raw Materials Key Suppliers
    8.3 Isocyanate Production Mode & Process Analysis
    8.4 Isocyanate Sales and Marketing
        8.4.1 Isocyanate Sales Channels
        8.4.2 Isocyanate Distributors
    8.5 Isocyanate Customer Analysis

9 Isocyanate Market Dynamics
    9.1 Isocyanate Industry Trends
    9.2 Isocyanate Market Drivers
    9.3 Isocyanate Market Challenges
    9.4 Isocyanate Market Restraints

10 Research Findings and Conclusion

11 Methodology and Data Source
    11.1 Methodology/Research Approach
        11.1.1 Research Programs/Design
        11.1.2 Market Size Estimation
        11.1.3 Market Breakdown and Data Triangulation
    11.2 Data Source
        11.2.1 Secondary Sources
        11.2.2 Primary Sources
    11.3 Author List
    11.4 Disclaimer

Table of Figures

List of Tables
 Table 1. Global Isocyanate Market Value by Type, (US$ Million) & (2024 VS 2031)
 Table 2. Global Isocyanate Market Value by Application, (US$ Million) & (2024 VS 2031)
 Table 3. Global Isocyanate Production Capacity (Kilotons) by Manufacturers in 2024
 Table 4. Global Isocyanate Production by Manufacturers (2020-2025) & (Kilotons)
 Table 5. Global Isocyanate Production Market Share by Manufacturers (2020-2025)
 Table 6. Global Isocyanate Production Value by Manufacturers (2020-2025) & (US$ Million)
 Table 7. Global Isocyanate Production Value Share by Manufacturers (2020-2025)
 Table 8. Global Key Players of Isocyanate, Industry Ranking, 2023 VS 2024
 Table 9. Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Production Value in Isocyanate as of 2024)
 Table 10. Global Market Isocyanate Average Price by Manufacturers (US$/Ton) & (2020-2025)
 Table 11. Global Key Manufacturers of Isocyanate, Manufacturing Base Distribution and Headquarters
 Table 12. Global Key Manufacturers of Isocyanate, Product Offered and Application
 Table 13. Global Key Manufacturers of Isocyanate, Date of Enter into This Industry
 Table 14. Global Isocyanate Manufacturers Market Concentration Ratio (CR5 and HHI)
 Table 15. Mergers & Acquisitions, Expansion Plans
 Table 16. Global Isocyanate Production Value by Region: 2020 VS 2024 VS 2031 (US$ Million)
 Table 17. Global Isocyanate Production Value (US$ Million) by Region (2020-2025)
 Table 18. Global Isocyanate Production Value Market Share by Region (2020-2025)
 Table 19. Global Isocyanate Production Value (US$ Million) Forecast by Region (2026-2031)
 Table 20. Global Isocyanate Production Value Market Share Forecast by Region (2026-2031)
 Table 21. Global Isocyanate Production Comparison by Region: 2020 VS 2024 VS 2031 (Kilotons)
 Table 22. Global Isocyanate Production (Kilotons) by Region (2020-2025)
 Table 23. Global Isocyanate Production Market Share by Region (2020-2025)
 Table 24. Global Isocyanate Production (Kilotons) Forecast by Region (2026-2031)
 Table 25. Global Isocyanate Production Market Share Forecast by Region (2026-2031)
 Table 26. Global Isocyanate Market Average Price (US$/Ton) by Region (2020-2025)
 Table 27. Global Isocyanate Market Average Price (US$/Ton) by Region (2026-2031)
 Table 28. Global Isocyanate Consumption Growth Rate by Region: 2020 VS 2024 VS 2031 (Kilotons)
 Table 29. Global Isocyanate Consumption by Region (2020-2025) & (Kilotons)
 Table 30. Global Isocyanate Consumption Market Share by Region (2020-2025)
 Table 31. Global Isocyanate Forecasted Consumption by Region (2026-2031) & (Kilotons)
 Table 32. Global Isocyanate Forecasted Consumption Market Share by Region (2026-2031)
 Table 33. North America Isocyanate Consumption Growth Rate by Country: 2020 VS 2024 VS 2031 (Kilotons)
 Table 34. North America Isocyanate Consumption by Country (2020-2025) & (Kilotons)
 Table 35. North America Isocyanate Consumption by Country (2026-2031) & (Kilotons)
 Table 36. Europe Isocyanate Consumption Growth Rate by Country: 2020 VS 2024 VS 2031 (Kilotons)
 Table 37. Europe Isocyanate Consumption by Country (2020-2025) & (Kilotons)
 Table 38. Europe Isocyanate Consumption by Country (2026-2031) & (Kilotons)
 Table 39. Asia Pacific Isocyanate Consumption Growth Rate by Region: 2020 VS 2024 VS 2031 (Kilotons)
 Table 40. Asia Pacific Isocyanate Consumption by Region (2020-2025) & (Kilotons)
 Table 41. Asia Pacific Isocyanate Consumption by Region (2026-2031) & (Kilotons)
 Table 42. Latin America, Middle East & Africa Isocyanate Consumption Growth Rate by Country: 2020 VS 2024 VS 2031 (Kilotons)
 Table 43. Latin America, Middle East & Africa Isocyanate Consumption by Country (2020-2025) & (Kilotons)
 Table 44. Latin America, Middle East & Africa Isocyanate Consumption by Country (2026-2031) & (Kilotons)
 Table 45. Global Isocyanate Production (Kilotons) by Type (2020-2025)
 Table 46. Global Isocyanate Production (Kilotons) by Type (2026-2031)
 Table 47. Global Isocyanate Production Market Share by Type (2020-2025)
 Table 48. Global Isocyanate Production Market Share by Type (2026-2031)
 Table 49. Global Isocyanate Production Value (US$ Million) by Type (2020-2025)
 Table 50. Global Isocyanate Production Value (US$ Million) by Type (2026-2031)
 Table 51. Global Isocyanate Production Value Market Share by Type (2020-2025)
 Table 52. Global Isocyanate Production Value Market Share by Type (2026-2031)
 Table 53. Global Isocyanate Price (US$/Ton) by Type (2020-2025)
 Table 54. Global Isocyanate Price (US$/Ton) by Type (2026-2031)
 Table 55. Global Isocyanate Production (Kilotons) by Application (2020-2025)
 Table 56. Global Isocyanate Production (Kilotons) by Application (2026-2031)
 Table 57. Global Isocyanate Production Market Share by Application (2020-2025)
 Table 58. Global Isocyanate Production Market Share by Application (2026-2031)
 Table 59. Global Isocyanate Production Value (US$ Million) by Application (2020-2025)
 Table 60. Global Isocyanate Production Value (US$ Million) by Application (2026-2031)
 Table 61. Global Isocyanate Production Value Market Share by Application (2020-2025)
 Table 62. Global Isocyanate Production Value Market Share by Application (2026-2031)
 Table 63. Global Isocyanate Price (US$/Ton) by Application (2020-2025)
 Table 64. Global Isocyanate Price (US$/Ton) by Application (2026-2031)
 Table 65. Wanhua Chemical Isocyanate Company Information
 Table 66. Wanhua Chemical Isocyanate Specification and Application
 Table 67. Wanhua Chemical Isocyanate Production (Kilotons), Value (US$ Million), Price (US$/Ton) and Gross Margin (2020-2025)
 Table 68. Wanhua Chemical Main Business and Markets Served
 Table 69. Wanhua Chemical Recent Developments/Updates
 Table 70. BASF Isocyanate Company Information
 Table 71. BASF Isocyanate Specification and Application
 Table 72. BASF Isocyanate Production (Kilotons), Value (US$ Million), Price (US$/Ton) and Gross Margin (2020-2025)
 Table 73. BASF Main Business and Markets Served
 Table 74. BASF Recent Developments/Updates
 Table 75. Covestro Isocyanate Company Information
 Table 76. Covestro Isocyanate Specification and Application
 Table 77. Covestro Isocyanate Production (Kilotons), Value (US$ Million), Price (US$/Ton) and Gross Margin (2020-2025)
 Table 78. Covestro Main Business and Markets Served
 Table 79. Covestro Recent Developments/Updates
 Table 80. Dow Isocyanate Company Information
 Table 81. Dow Isocyanate Specification and Application
 Table 82. Dow Isocyanate Production (Kilotons), Value (US$ Million), Price (US$/Ton) and Gross Margin (2020-2025)
 Table 83. Dow Main Business and Markets Served
 Table 84. Dow Recent Developments/Updates
 Table 85. Huntsman Isocyanate Company Information
 Table 86. Huntsman Isocyanate Specification and Application
 Table 87. Huntsman Isocyanate Production (Kilotons), Value (US$ Million), Price (US$/Ton) and Gross Margin (2020-2025)
 Table 88. Huntsman Main Business and Markets Served
 Table 89. Huntsman Recent Developments/Updates
 Table 90. Mitsui Chemicals Isocyanate Company Information
 Table 91. Mitsui Chemicals Isocyanate Specification and Application
 Table 92. Mitsui Chemicals Isocyanate Production (Kilotons), Value (US$ Million), Price (US$/Ton) and Gross Margin (2020-2025)
 Table 93. Mitsui Chemicals Main Business and Markets Served
 Table 94. Mitsui Chemicals Recent Developments/Updates
 Table 95. Tosoh Isocyanate Company Information
 Table 96. Tosoh Isocyanate Specification and Application
 Table 97. Tosoh Isocyanate Production (Kilotons), Value (US$ Million), Price (US$/Ton) and Gross Margin (2020-2025)
 Table 98. Tosoh Main Business and Markets Served
 Table 99. Tosoh Recent Developments/Updates
 Table 100. Kumho Mitsui Chemicals Isocyanate Company Information
 Table 101. Kumho Mitsui Chemicals Isocyanate Specification and Application
 Table 102. Kumho Mitsui Chemicals Isocyanate Production (Kilotons), Value (US$ Million), Price (US$/Ton) and Gross Margin (2020-2025)
 Table 103. Kumho Mitsui Chemicals Main Business and Markets Served
 Table 104. Kumho Mitsui Chemicals Recent Developments/Updates
 Table 105. Hanwha Isocyanate Company Information
 Table 106. Hanwha Isocyanate Specification and Application
 Table 107. Hanwha Isocyanate Production (Kilotons), Value (US$ Million), Price (US$/Ton) and Gross Margin (2020-2025)
 Table 108. Hanwha Main Business and Markets Served
 Table 109. Hanwha Recent Developments/Updates
 Table 110. Evonik Isocyanate Company Information
 Table 111. Evonik Isocyanate Specification and Application
 Table 112. Evonik Isocyanate Production (Kilotons), Value (US$ Million), Price (US$/Ton) and Gross Margin (2020-2025)
 Table 113. Evonik Main Business and Markets Served
 Table 114. Evonik Recent Developments/Updates
 Table 115. Asahi Kasei Isocyanate Company Information
 Table 116. Asahi Kasei Isocyanate Specification and Application
 Table 117. Asahi Kasei Isocyanate Production (Kilotons), Value (US$ Million), Price (US$/Ton) and Gross Margin (2020-2025)
 Table 118. Asahi Kasei Main Business and Markets Served
 Table 119. Asahi Kasei Recent Developments/Updates
 Table 120. SABIC Isocyanate Company Information
 Table 121. SABIC Isocyanate Specification and Application
 Table 122. SABIC Isocyanate Production (Kilotons), Value (US$ Million), Price (US$/Ton) and Gross Margin (2020-2025)
 Table 123. SABIC Main Business and Markets Served
 Table 124. SABIC Recent Developments/Updates
 Table 125. Gujarat Narmada Valley Fertilizers & Chemicals (GNFC) Isocyanate Company Information
 Table 126. Gujarat Narmada Valley Fertilizers & Chemicals (GNFC) Isocyanate Specification and Application
 Table 127. Gujarat Narmada Valley Fertilizers & Chemicals (GNFC) Isocyanate Production (Kilotons), Value (US$ Million), Price (US$/Ton) and Gross Margin (2020-2025)
 Table 128. Gujarat Narmada Valley Fertilizers & Chemicals (GNFC) Main Business and Markets Served
 Table 129. Gujarat Narmada Valley Fertilizers & Chemicals (GNFC) Recent Developments/Updates
 Table 130. DIC Isocyanate Company Information
 Table 131. DIC Isocyanate Specification and Application
 Table 132. DIC Isocyanate Production (Kilotons), Value (US$ Million), Price (US$/Ton) and Gross Margin (2020-2025)
 Table 133. DIC Main Business and Markets Served
 Table 134. DIC Recent Developments/Updates
 Table 135. Karoon Petrochemical Company (KRNPC) Isocyanate Company Information
 Table 136. Karoon Petrochemical Company (KRNPC) Isocyanate Specification and Application
 Table 137. Karoon Petrochemical Company (KRNPC) Isocyanate Production (Kilotons), Value (US$ Million), Price (US$/Ton) and Gross Margin (2020-2025)
 Table 138. Karoon Petrochemical Company (KRNPC) Main Business and Markets Served
 Table 139. Karoon Petrochemical Company (KRNPC) Recent Developments/Updates
 Table 140. OCI Isocyanate Company Information
 Table 141. OCI Isocyanate Specification and Application
 Table 142. OCI Isocyanate Production (Kilotons), Value (US$ Million), Price (US$/Ton) and Gross Margin (2020-2025)
 Table 143. OCI Main Business and Markets Served
 Table 144. OCI Recent Developments/Updates
 Table 145. Cangzhou Dahua Group Isocyanate Company Information
 Table 146. Cangzhou Dahua Group Isocyanate Specification and Application
 Table 147. Cangzhou Dahua Group Isocyanate Production (Kilotons), Value (US$ Million), Price (US$/Ton) and Gross Margin (2020-2025)
 Table 148. Cangzhou Dahua Group Main Business and Markets Served
 Table 149. Cangzhou Dahua Group Recent Developments/Updates
 Table 150. Gansu Yinguang Chemical (Norinco Group) Isocyanate Company Information
 Table 151. Gansu Yinguang Chemical (Norinco Group) Isocyanate Specification and Application
 Table 152. Gansu Yinguang Chemical (Norinco Group) Isocyanate Production (Kilotons), Value (US$ Million), Price (US$/Ton) and Gross Margin (2020-2025)
 Table 153. Gansu Yinguang Chemical (Norinco Group) Main Business and Markets Served
 Table 154. Gansu Yinguang Chemical (Norinco Group) Recent Developments/Updates
 Table 155. Key Raw Materials Lists
 Table 156. Raw Materials Key Suppliers Lists
 Table 157. Isocyanate Distributors List
 Table 158. Isocyanate Customers List
 Table 159. Isocyanate Market Trends
 Table 160. Isocyanate Market Drivers
 Table 161. Isocyanate Market Challenges
 Table 162. Isocyanate Market Restraints
 Table 163. Research Programs/Design for This Report
 Table 164. Key Data Information from Secondary Sources
 Table 165. Key Data Information from Primary Sources
 Table 166. Authors List of This Report


List of Figures
 Figure 1. Product Picture of Isocyanate
 Figure 2. Global Isocyanate Market Value by Type, (US$ Million) & (2020-2031)
 Figure 3. Global Isocyanate Market Share by Type: 2024 VS 2031
 Figure 4. Methylene Diphenyl Diisocyanate (MDI) Product Picture
 Figure 5. Toluene Diisocyanate (TDI) Product Picture
 Figure 6. Aliphatic Isocyanate Product Picture
 Figure 7. Global Isocyanate Market Value by Application, (US$ Million) & (2020-2031)
 Figure 8. Global Isocyanate Market Share by Application: 2024 VS 2031
 Figure 9. Rigid Foam
 Figure 10. Flexible Foam
 Figure 11. Paints and Coatings
 Figure 12. Adhesives and Sealants
 Figure 13. Elastomers
 Figure 14. Others
 Figure 15. Global Isocyanate Production Value (US$ Million), 2020 VS 2024 VS 2031
 Figure 16. Global Isocyanate Production Value (US$ Million) & (2020-2031)
 Figure 17. Global Isocyanate Production Capacity (Kilotons) & (2020-2031)
 Figure 18. Global Isocyanate Production (Kilotons) & (2020-2031)
 Figure 19. Global Isocyanate Average Price (US$/Ton) & (2020-2031)
 Figure 20. Isocyanate Report Years Considered
 Figure 21. Isocyanate Production Share by Manufacturers in 2024
 Figure 22. Global Isocyanate Production Value Share by Manufacturers (2024)
 Figure 23. Isocyanate Market Share by Company Type (Tier 1, Tier 2, and Tier 3): 2020 VS 2024
 Figure 24. The Global 5 and 10 Largest Players: Market Share by Isocyanate Revenue in 2024
 Figure 25. Global Isocyanate Production Value by Region: 2020 VS 2024 VS 2031 (US$ Million)
 Figure 26. Global Isocyanate Production Value Market Share by Region: 2020 VS 2024 VS 2031
 Figure 27. Global Isocyanate Production Comparison by Region: 2020 VS 2024 VS 2031 (Kilotons)
 Figure 28. Global Isocyanate Production Market Share by Region: 2020 VS 2024 VS 2031
 Figure 29. North America Isocyanate Production Value (US$ Million) Growth Rate (2020-2031)
 Figure 30. Europe Isocyanate Production Value (US$ Million) Growth Rate (2020-2031)
 Figure 31. China Isocyanate Production Value (US$ Million) Growth Rate (2020-2031)
 Figure 32. Japan Isocyanate Production Value (US$ Million) Growth Rate (2020-2031)
 Figure 33. South Korea Isocyanate Production Value (US$ Million) Growth Rate (2020-2031)
 Figure 34. India Isocyanate Production Value (US$ Million) Growth Rate (2020-2031)
 Figure 35. Global Isocyanate Consumption by Region: 2020 VS 2024 VS 2031 (Kilotons)
 Figure 36. Global Isocyanate Consumption Market Share by Region: 2020 VS 2024 VS 2031
 Figure 37. North America Isocyanate Consumption and Growth Rate (2020-2031) & (Kilotons)
 Figure 38. North America Isocyanate Consumption Market Share by Country (2020-2031)
 Figure 39. U.S. Isocyanate Consumption and Growth Rate (2020-2031) & (Kilotons)
 Figure 40. Canada Isocyanate Consumption and Growth Rate (2020-2031) & (Kilotons)
 Figure 41. Europe Isocyanate Consumption and Growth Rate (2020-2031) & (Kilotons)
 Figure 42. Europe Isocyanate Consumption Market Share by Country (2020-2031)
 Figure 43. Germany Isocyanate Consumption and Growth Rate (2020-2031) & (Kilotons)
 Figure 44. France Isocyanate Consumption and Growth Rate (2020-2031) & (Kilotons)
 Figure 45. U.K. Isocyanate Consumption and Growth Rate (2020-2031) & (Kilotons)
 Figure 46. Italy Isocyanate Consumption and Growth Rate (2020-2031) & (Kilotons)
 Figure 47. Russia Isocyanate Consumption and Growth Rate (2020-2031) & (Kilotons)
 Figure 48. Asia Pacific Isocyanate Consumption and Growth Rate (2020-2031) & (Kilotons)
 Figure 49. Asia Pacific Isocyanate Consumption Market Share by Region (2020-2031)
 Figure 50. China Isocyanate Consumption and Growth Rate (2020-2031) & (Kilotons)
 Figure 51. Japan Isocyanate Consumption and Growth Rate (2020-2031) & (Kilotons)
 Figure 52. South Korea Isocyanate Consumption and Growth Rate (2020-2031) & (Kilotons)
 Figure 53. China Taiwan Isocyanate Consumption and Growth Rate (2020-2031) & (Kilotons)
 Figure 54. Southeast Asia Isocyanate Consumption and Growth Rate (2020-2031) & (Kilotons)
 Figure 55. India Isocyanate Consumption and Growth Rate (2020-2031) & (Kilotons)
 Figure 56. Latin America, Middle East & Africa Isocyanate Consumption and Growth Rate (2020-2031) & (Kilotons)
 Figure 57. Latin America, Middle East & Africa Isocyanate Consumption Market Share by Country (2020-2031)
 Figure 58. Mexico Isocyanate Consumption and Growth Rate (2020-2031) & (Kilotons)
 Figure 59. Brazil Isocyanate Consumption and Growth Rate (2020-2031) & (Kilotons)
 Figure 60. Turkey Isocyanate Consumption and Growth Rate (2020-2031) & (Kilotons)
 Figure 61. GCC Countries Isocyanate Consumption and Growth Rate (2020-2031) & (Kilotons)
 Figure 62. Global Production Market Share of Isocyanate by Type (2020-2031)
 Figure 63. Global Production Value Market Share of Isocyanate by Type (2020-2031)
 Figure 64. Global Isocyanate Price (US$/Ton) by Type (2020-2031)
 Figure 65. Global Production Market Share of Isocyanate by Application (2020-2031)
 Figure 66. Global Production Value Market Share of Isocyanate by Application (2020-2031)
 Figure 67. Global Isocyanate Price (US$/Ton) by Application (2020-2031)
 Figure 68. Isocyanate Value Chain
 Figure 69. Channels of Distribution (Direct Vs Distribution)
 Figure 70. Bottom-up and Top-down Approaches for This Report
 Figure 71. Data Triangulation

Description

The global market for Isocyanate was valued at US$ 36240 million in the year 2024 and is projected to reach a revised size of US$ 61810 million by 2031, growing at a CAGR of 8.4% during the forecast period.

The 2025 U.S. tariff policies introduce profound uncertainty into the global economic landscape. This report critically examines the implications of recent tariff adjustments and international strategic countermeasures on Isocyanate competitive dynamics, regional economic interdependencies, and supply chain reconfigurations.

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