Industry Research Reports

Part 1

Part 2

Part 3

Part 4

Part 5

Home > Reports > Chemical & Material > Isocyanate - Global Market Share and Ranking, Overall Sales and Demand Forecast 2025-2031

Isocyanate - Global Market Share and Ranking, Overall Sales and Demand Forecast 2025-2031

Industry: Chemical & Material

Published: 2025-04-30

Pages: 137 Pages

Report ld: 4720519

Description
Table of Contents
Table of Figures
Related Reports
PDF Download

Description
Table of Contents
Table of Figures
Related Reports
PDF Download

Description

The global market for Isocyanate was estimated to be worth US$ 36240 million in 2024 and is forecast to a readjusted size of US$ 61810 million by 2031 with a CAGR of 8.4% during the forecast period 2025-2031.

The potential shifts in the 2025 U.S. tariff framework pose substantial volatility risks to global markets. This report provides a comprehensive assessment of recent tariff adjustments and international strategic countermeasures on Isocyanate cross-border industrial footprints, capital allocation patterns, 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.

This report aims to provide a comprehensive presentation of the global market for Isocyanate, focusing on the total sales volume, sales revenue, price, key companies market share and ranking, together with an analysis of Isocyanate by region & country, by Type, and by Application.

The Isocyanate market size, estimations, and forecasts are provided in terms of sales volume (Kilotons) and sales revenue ($ millions), considering 2024 as the base year, with history and forecast data for the period from 2020 to 2031. 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.

Market Segmentation

Report Metric
Details
Report Title
Isocyanate - Global Market Share and Ranking, Overall Sales and Demand Forecast 2025-2031
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, global total market size (value, volume and price). This chapter also provides 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 2: Detailed analysis of Isocyanate manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: 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 4: 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 5: Sales, revenue of Isocyanate in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the market development, future development prospects, market space, and market size of each country in the world.
Chapter 6: Sales, revenue of Isocyanate in country level. It provides sigmate data by Type, and by Application for each country/region.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Conclusion.

Table of Contents

1 Market Overview
    1.1 Isocyanate Product Introduction
    1.2 Global Isocyanate Market Size Forecast
        1.2.1 Global Isocyanate Sales Value (2020-2031)
        1.2.2 Global Isocyanate Sales Volume (2020-2031)
        1.2.3 Global Isocyanate Sales Price (2020-2031)
    1.3 Isocyanate Market Trends & Drivers
        1.3.1 Isocyanate Industry Trends
        1.3.2 Isocyanate Market Drivers & Opportunity
        1.3.3 Isocyanate Market Challenges
        1.3.4 Isocyanate Market Restraints
    1.4 Assumptions and Limitations
    1.5 Study Objectives
    1.6 Years Considered

2 Competitive Analysis by Company
    2.1 Global Isocyanate Players Revenue Ranking (2024)
    2.2 Global Isocyanate Revenue by Company (2020-2025)
    2.3 Global Isocyanate Players Sales Volume Ranking (2024)
    2.4 Global Isocyanate Sales Volume by Company Players (2020-2025)
    2.5 Global Isocyanate Average Price by Company (2020-2025)
    2.6 Key Manufacturers Isocyanate Manufacturing Base and Headquarters
    2.7 Key Manufacturers Isocyanate Product Offered
    2.8 Key Manufacturers Time to Begin Mass Production of Isocyanate
    2.9 Isocyanate Market Competitive Analysis
        2.9.1 Isocyanate Market Concentration Rate (2020-2025)
        2.9.2 Global 5 and 10 Largest Manufacturers by Isocyanate Revenue in 2024
        2.9.3 Global Top Manufacturers by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in Isocyanate as of 2024)
    2.10 Mergers & Acquisitions, Expansion

3 Segmentation by Type
    3.1 Introduction by Type
        3.1.1 Methylene Diphenyl Diisocyanate (MDI)
        3.1.2 Toluene Diisocyanate (TDI)
        3.1.3 Aliphatic Isocyanate
    3.2 Global Isocyanate Sales Value by Type
        3.2.1 Global Isocyanate Sales Value by Type (2020 VS 2024 VS 2031)
        3.2.2 Global Isocyanate Sales Value, by Type (2020-2031)
        3.2.3 Global Isocyanate Sales Value, by Type (%) (2020-2031)
    3.3 Global Isocyanate Sales Volume by Type
        3.3.1 Global Isocyanate Sales Volume by Type (2020 VS 2024 VS 2031)
        3.3.2 Global Isocyanate Sales Volume, by Type (2020-2031)
        3.3.3 Global Isocyanate Sales Volume, by Type (%) (2020-2031)
    3.4 Global Isocyanate Average Price by Type (2020-2031)

4 Segmentation by Application
    4.1 Introduction by Application
        4.1.1 Rigid Foam
        4.1.2 Flexible Foam
        4.1.3 Paints and Coatings
        4.1.4 Adhesives and Sealants
        4.1.5 Elastomers
        4.1.6 Others
    4.2 Global Isocyanate Sales Value by Application
        4.2.1 Global Isocyanate Sales Value by Application (2020 VS 2024 VS 2031)
        4.2.2 Global Isocyanate Sales Value, by Application (2020-2031)
        4.2.3 Global Isocyanate Sales Value, by Application (%) (2020-2031)
    4.3 Global Isocyanate Sales Volume by Application
        4.3.1 Global Isocyanate Sales Volume by Application (2020 VS 2024 VS 2031)
        4.3.2 Global Isocyanate Sales Volume, by Application (2020-2031)
        4.3.3 Global Isocyanate Sales Volume, by Application (%) (2020-2031)
    4.4 Global Isocyanate Average Price by Application (2020-2031)

5 Segmentation by Region
    5.1 Global Isocyanate Sales Value by Region
        5.1.1 Global Isocyanate Sales Value by Region: 2020 VS 2024 VS 2031
        5.1.2 Global Isocyanate Sales Value by Region (2020-2025)
        5.1.3 Global Isocyanate Sales Value by Region (2026-2031)
        5.1.4 Global Isocyanate Sales Value by Region (%), (2020-2031)
    5.2 Global Isocyanate Sales Volume by Region
        5.2.1 Global Isocyanate Sales Volume by Region: 2020 VS 2024 VS 2031
        5.2.2 Global Isocyanate Sales Volume by Region (2020-2025)
        5.2.3 Global Isocyanate Sales Volume by Region (2026-2031)
        5.2.4 Global Isocyanate Sales Volume by Region (%), (2020-2031)
    5.3 Global Isocyanate Average Price by Region (2020-2031)
    5.4 North America
        5.4.1 North America Isocyanate Sales Value, 2020-2031
        5.4.2 North America Isocyanate Sales Value by Country (%), 2024 VS 2031
    5.5 Europe
        5.5.1 Europe Isocyanate Sales Value, 2020-2031
        5.5.2 Europe Isocyanate Sales Value by Country (%), 2024 VS 2031
    5.6 Asia Pacific
        5.6.1 Asia Pacific Isocyanate Sales Value, 2020-2031
        5.6.2 Asia Pacific Isocyanate Sales Value by Region (%), 2024 VS 2031
    5.7 South America
        5.7.1 South America Isocyanate Sales Value, 2020-2031
        5.7.2 South America Isocyanate Sales Value by Country (%), 2024 VS 2031
    5.8 Middle East & Africa
        5.8.1 Middle East & Africa Isocyanate Sales Value, 2020-2031
        5.8.2 Middle East & Africa Isocyanate Sales Value by Country (%), 2024 VS 2031

6 Segmentation by Key Countries/Regions
    6.1 Key Countries/Regions Isocyanate Sales Value Growth Trends, 2020 VS 2024 VS 2031
    6.2 Key Countries/Regions Isocyanate Sales Value and Sales Volume
        6.2.1 Key Countries/Regions Isocyanate Sales Value, 2020-2031
        6.2.2 Key Countries/Regions Isocyanate Sales Volume, 2020-2031
    6.3 United States
        6.3.1 United States Isocyanate Sales Value, 2020-2031
        6.3.2 United States Isocyanate Sales Value by Type (%), 2024 VS 2031
        6.3.3 United States Isocyanate Sales Value by Application, 2024 VS 2031
    6.4 Europe
        6.4.1 Europe Isocyanate Sales Value, 2020-2031
        6.4.2 Europe Isocyanate Sales Value by Type (%), 2024 VS 2031
        6.4.3 Europe Isocyanate Sales Value by Application, 2024 VS 2031
    6.5 China
        6.5.1 China Isocyanate Sales Value, 2020-2031
        6.5.2 China Isocyanate Sales Value by Type (%), 2024 VS 2031
        6.5.3 China Isocyanate Sales Value by Application, 2024 VS 2031
    6.6 Japan
        6.6.1 Japan Isocyanate Sales Value, 2020-2031
        6.6.2 Japan Isocyanate Sales Value by Type (%), 2024 VS 2031
        6.6.3 Japan Isocyanate Sales Value by Application, 2024 VS 2031
    6.7 South Korea
        6.7.1 South Korea Isocyanate Sales Value, 2020-2031
        6.7.2 South Korea Isocyanate Sales Value by Type (%), 2024 VS 2031
        6.7.3 South Korea Isocyanate Sales Value by Application, 2024 VS 2031
    6.8 Southeast Asia
        6.8.1 Southeast Asia Isocyanate Sales Value, 2020-2031
        6.8.2 Southeast Asia Isocyanate Sales Value by Type (%), 2024 VS 2031
        6.8.3 Southeast Asia Isocyanate Sales Value by Application, 2024 VS 2031
    6.9 India
        6.9.1 India Isocyanate Sales Value, 2020-2031
        6.9.2 India Isocyanate Sales Value by Type (%), 2024 VS 2031
        6.9.3 India Isocyanate Sales Value by Application, 2024 VS 2031

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

8 Industry Chain Analysis
    8.1 Isocyanate Industrial Chain
    8.2 Isocyanate Upstream Analysis
        8.2.1 Key Raw Materials
        8.2.2 Raw Materials Key Suppliers
        8.2.3 Manufacturing Cost Structure
    8.3 Midstream Analysis
    8.4 Downstream Analysis (Customers Analysis)
    8.5 Sales Model and Sales Channels
        8.5.1 Isocyanate Sales Model
        8.5.2 Sales Channel
        8.5.3 Isocyanate Distributors

9 Research Findings and Conclusion

10 Appendix
    10.1 Research Methodology
        10.1.1 Methodology/Research Approach
            10.1.1.1 Research Programs/Design
            10.1.1.2 Market Size Estimation
            10.1.1.3 Market Breakdown and Data Triangulation
        10.1.2 Data Source
            10.1.2.1 Secondary Sources
            10.1.2.2 Primary Sources
    10.2 Author Details
    10.3 Disclaimer

Table of Figures

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


List of Figures
 Figure 1. Isocyanate Product Picture
 Figure 2. Global Isocyanate Sales Value, 2020 VS 2024 VS 2031 (US$ Million)
 Figure 3. Global Isocyanate Sales Value (2020-2031) & (US$ Million)
 Figure 4. Global Isocyanate Sales Volume (2020-2031) & (Kilotons)
 Figure 5. Global Isocyanate Sales Price (2020-2031) & (US$/Ton)
 Figure 6. Isocyanate Report Years Considered
 Figure 7. Global Isocyanate Players Revenue Ranking (2024) & (US$ Million)
 Figure 8. Global Isocyanate Players Sales Volume Ranking (2024) & (Kilotons)
 Figure 9. The 5 and 10 Largest Manufacturers in the World: Market Share by Isocyanate Revenue in 2024
 Figure 10. Isocyanate Market Share by Company Type (Tier 1, Tier 2, and Tier 3): 2020 VS 2024
 Figure 11. Methylene Diphenyl Diisocyanate (MDI) Picture
 Figure 12. Toluene Diisocyanate (TDI) Picture
 Figure 13. Aliphatic Isocyanate Picture
 Figure 14. Global Isocyanate Sales Value by Type (2020 VS 2024 VS 2031) & (US$ Million)
 Figure 15. Global Isocyanate Sales Value Market Share by Type, 2024 & 2031
 Figure 16. Global Isocyanate Sales Volume by Type (2020 VS 2024 VS 2031) & (Kilotons)
 Figure 17. Global Isocyanate Sales Volume Market Share by Type, 2024 & 2031
 Figure 18. Global Isocyanate Price by Type (2020-2031) & (US$/Ton)
 Figure 19. Product Picture of Rigid Foam
 Figure 20. Product Picture of Flexible Foam
 Figure 21. Product Picture of Paints and Coatings
 Figure 22. Product Picture of Adhesives and Sealants
 Figure 23. Product Picture of Elastomers
 Figure 24. Product Picture of Others
 Figure 25. Global Isocyanate Sales Value by Application (2020 VS 2024 VS 2031) & (US$ Million)
 Figure 26. Global Isocyanate Sales Value Market Share by Application, 2024 & 2031
 Figure 27. Global Isocyanate Sales Volume by Application (2020 VS 2024 VS 2031) & (Kilotons)
 Figure 28. Global Isocyanate Sales Volume Market Share by Application, 2024 & 2031
 Figure 29. Global Isocyanate Price by Application (2020-2031) & (US$/Ton)
 Figure 30. North America Isocyanate Sales Value (2020-2031) & (US$ Million)
 Figure 31. North America Isocyanate Sales Value by Country (%), 2024 VS 2031
 Figure 32. Europe Isocyanate Sales Value, (2020-2031) & (US$ Million)
 Figure 33. Europe Isocyanate Sales Value by Country (%), 2024 VS 2031
 Figure 34. Asia Pacific Isocyanate Sales Value, (2020-2031) & (US$ Million)
 Figure 35. Asia Pacific Isocyanate Sales Value by Region (%), 2024 VS 2031
 Figure 36. South America Isocyanate Sales Value, (2020-2031) & (US$ Million)
 Figure 37. South America Isocyanate Sales Value by Country (%), 2024 VS 2031
 Figure 38. Middle East & Africa Isocyanate Sales Value, (2020-2031) & (US$ Million)
 Figure 39. Middle East & Africa Isocyanate Sales Value by Country (%), 2024 VS 2031
 Figure 40. Key Countries/Regions Isocyanate Sales Value (%), (2020-2031)
 Figure 41. Key Countries/Regions Isocyanate Sales Volume (%), (2020-2031)
 Figure 42. United States Isocyanate Sales Value, (2020-2031) & (US$ Million)
 Figure 43. United States Isocyanate Sales Value by Type (%), 2024 VS 2031
 Figure 44. United States Isocyanate Sales Value by Application (%), 2024 VS 2031
 Figure 45. Europe Isocyanate Sales Value, (2020-2031) & (US$ Million)
 Figure 46. Europe Isocyanate Sales Value by Type (%), 2024 VS 2031
 Figure 47. Europe Isocyanate Sales Value by Application (%), 2024 VS 2031
 Figure 48. China Isocyanate Sales Value, (2020-2031) & (US$ Million)
 Figure 49. China Isocyanate Sales Value by Type (%), 2024 VS 2031
 Figure 50. China Isocyanate Sales Value by Application (%), 2024 VS 2031
 Figure 51. Japan Isocyanate Sales Value, (2020-2031) & (US$ Million)
 Figure 52. Japan Isocyanate Sales Value by Type (%), 2024 VS 2031
 Figure 53. Japan Isocyanate Sales Value by Application (%), 2024 VS 2031
 Figure 54. South Korea Isocyanate Sales Value, (2020-2031) & (US$ Million)
 Figure 55. South Korea Isocyanate Sales Value by Type (%), 2024 VS 2031
 Figure 56. South Korea Isocyanate Sales Value by Application (%), 2024 VS 2031
 Figure 57. Southeast Asia Isocyanate Sales Value, (2020-2031) & (US$ Million)
 Figure 58. Southeast Asia Isocyanate Sales Value by Type (%), 2024 VS 2031
 Figure 59. Southeast Asia Isocyanate Sales Value by Application (%), 2024 VS 2031
 Figure 60. India Isocyanate Sales Value, (2020-2031) & (US$ Million)
 Figure 61. India Isocyanate Sales Value by Type (%), 2024 VS 2031
 Figure 62. India Isocyanate Sales Value by Application (%), 2024 VS 2031
 Figure 63. Isocyanate Industrial Chain
 Figure 64. Isocyanate Manufacturing Cost Structure
 Figure 65. Channels of Distribution (Direct Sales, and Distribution)
 Figure 66. Bottom-up and Top-down Approaches for This Report
 Figure 67. Data Triangulation
 Figure 68. Key Executives Interviewed

Description

The global market for Isocyanate was estimated to be worth US$ 36240 million in 2024 and is forecast to a readjusted size of US$ 61810 million by 2031 with a CAGR of 8.4% during the forecast period 2025-2031.

The potential shifts in the 2025 U.S. tariff framework pose substantial volatility risks to global markets. This report provides a comprehensive assessment of recent tariff adjustments and international strategic countermeasures on Isocyanate cross-border industrial footprints, capital allocation patterns, regional economic interdependencies, and supply chain reconfigurations.

Market Segmentation

Related Reports

Global Isocyanate Industry Research Report, Growth Trends and Competitive Analysis 2023-2029
Blocked isocyanate refers to a compound prepared by blocking a blocked group of isocyanate groups (-
Published: 2023-05-30
Pages: 125
USD 5600.00
(Single User License)
Global Isocyanate Market Research Report 2023
Blocked isocyanate refers to a compound prepared by blocking a blocked group of isocyanate groups (-
Published: 2023-06-11
Pages: 108
USD 2900.00
(Single User License)
Global Isocyanate Market Report, History and Forecast 2018-2029, Breakdown Data by Manufacturers, Key Regions, Types and Application
Blocked isocyanate refers to a compound prepared by blocking a blocked group of isocyanate groups (-
Published: 2023-06-02
Pages: 119
USD 3350.00
(Single User License)
Isocyanate - Global Market Insights and Sales Trends 2024
Blocked isocyanate refers to a compound prepared by blocking a blocked group of isocyanate groups (-
Published: 2023-11-16
Pages: 110
USD 3350.00
(Single User License)
Global Isocyanate Market Research Report 2024
Blocked isocyanate refers to a compound prepared by blocking a blocked group of isocyanate groups (-
Published: 2024-01-11
Pages: 117
USD 2900.00
(Single User License)
Global Isocyanate Market Insights, Forecast to 2030
Blocked isocyanate refers to a compound prepared by blocking a blocked group of isocyanate groups (-
Published: 2024-04-25
Pages: 116
USD 4900.00
(Single User License)
Isocyanate- Global Market Share and Ranking, Overall Sales and Demand Forecast 2025-2031
The global market for Isocyanate was estimated to be worth US$ 32970 million in 2024 and is forecast
Published: 2025-02-24
Pages: 148
USD 3950.00
(Single User License)
Global Isocyanate Market Research Report 2025
The global market for Isocyanate was valued at US$ 36240 million in the year 2024 and is projected t
Published: 2025-04-30
Pages: 106
USD 2900.00
(Single User License)
Global Isocyanate Sales Market Report, Competitive Analysis and Regional Opportunities 2025-2031
The global Isocyanate market size was US$ 36240 million in 2024 and is forecast to a readjusted size
Published: 2025-04-30
Pages: 108
USD 4250.00
(Single User License)
Global Isocyanate Market Insights, Forecast to 2031
The global Isocyanate market is projected to grow from US$ 38090 million in 2025 to US$ 61810 millio
Published: 2025-04-30
Pages: 176
USD 4900.00
(Single User License)