APO Research

APO RESEARCH · REPORT

Isocyanates

Blocked isocyanate refers to a compound prepared by blocking a blocked group of isocyanate groups (-NCO) by a deblocking reaction that cannot be carried out at a lower temperature. This compound does not undergo polymerization at room temperature, but at a certain temperature and other conditions, the isocyanate groups in the blocked polyurethane can be regenerated, and a crosslinking reaction occurs to form a thermosetting polyurethane. The isocyanate group is blocked by reacting an isocyanate or a prepolymer containing a free isocyanate group with some active hydrogen-containing substance or a substance capable of reacting with an isocyanate group, so that the free isocyanate group is not reactive at normal temperature, that is, isocyanate is achieved. The base is closed. This blocking reaction is a reversible reaction under certain conditions, so that the blocked isocyanate group can function again.

Product & engineering

Understand the product.

Blocked isocyanate refers to a compound prepared by blocking a blocked group of isocyanate groups (-NCO) by a deblocking reaction that cannot be carried out at a lower temperature. This compound does not undergo polymerization at room temperature, but at a certain temperature and other conditions, the isocyanate groups in the blocked polyurethane can be regenerated, and a crosslinking reaction occurs to form a thermosetting polyurethane. The isocyanate group is blocked by reacting an isocyanate or a prepolymer containing a free isocyanate group with some active hydrogen-containing substance or a substance capable of reacting with an isocyanate group, so that the free isocyanate group is not reactive at normal temperature, that is, isocyanate is achieved. The base is closed. This blocking reaction is a reversible reaction under certain conditions, so that the blocked isocyanate group can function again.

Selected research

Industry Growth & Trends

Global Isocyanates Industry Growth and Trends Forecast to 2032

Market perspective

Blocked isocyanate refers to a compound prepared by blocking a blocked group of isocyanate groups (-NCO) by a deblocking reaction that cannot be carried out at a lower temperature. This compound does not undergo polymerization at room temperature, but at a certain temperature and other conditions, the isocyanate groups in the blocked polyurethane can be regenerated, and a crosslinking reaction occurs to form a thermosetting polyurethane. The isocyanate group is blocked by reacting an isocyanate or a prepolymer containing a free isocyanate group with some active hydrogen-containing substance or a substance capable of reacting with an isocyanate group, so that the free isocyanate group is not reactive at normal temperature, that is, isocyanate is achieved. The base is closed. This blocking reaction is a reversible reaction under certain conditions, so that the blocked isocyanate group can function again.

The major players in global Isocyanates market include Covestro, Wanhua Chemical, etc. The top 2 players occupy about 40% shares of the global market. China and Europe are main markets, they occupy about 65% of the global market. MDI is the main type, with a share about 65%. Polyurethane Foam is the main application, which holds a share about 80%.

Report Scope

Read the full market overview

This report provides a structured, data-driven view of the global Isocyanates market, combining harmonized quantitative metrics with targeted qualitative insight to support business and growth strategy, market positioning, and capital allocation.

The Isocyanates market size, estimates, and forecasts are presented in terms of sales volume (kt) and revenue (US$ million), with 2025 as the base year and historical and forecast data for 2021-2032. The report segments the global Isocyanates market by Type, Application, region/country, and company, provides regional market sizes at the segment level, profiles the competitive landscape and key players and their market ranks, and reviews technology trends and new product developments relevant to Isocyanates.

Key Companies & Market Share Insights

This section analyzes the strategies and performance of leading manufacturers in the global Isocyanates market, including portfolio focus, innovation and product development, mergers and acquisitions, collaborations, and geographic expansion used to sustain or enhance competitive positions. It also summarizes recent corporate developments and key financial indicators and provides global revenue, price, and sales volume data by manufacturer for 2020-2025, enabling benchmarking of scale, pricing, and market share and supporting assessment of market concentration through indicators such as CR5 and CR10.

Isocyanates Market by Company

Covestro

Evonik

Vencorex

BASF

Asahi Kasei

Wanhua Chemical

Huntsman

DOW

Tosoh

Mitsui

Hanwha Chemical

GNFC

OCI

Cangzhou Dahua

Gansu Yinguang

Juli Fine Chemical

Fujian Southeast Electrochemical

Isocyanates Segment by Type

ADI

MDI

TDI

Isocyanates Segment by Application

Polyurethane Foam

Paints & Coatings

Adhesives & Sealants

Other

Isocyanates Segment by Region

North America

United States

Canada

Mexico

Europe

Germany

France

U.K.

Italy

Russia

Spain

Netherlands

Switzerland

Sweden

Poland

Asia-Pacific

China

Japan

South Korea

India

Australia

Taiwan

Southeast Asia

South America

Brazil

Argentina

Chile

Colombia

Middle East & Africa

Egypt

South Africa

Israel

Türkiye

GCC Countries

Key Drivers & Barriers

High-impact rendering factors and drivers have been studied in this report to aid the readers to understand the general development. Moreover, the report includes restraints and challenges that may act as stumbling blocks on the way of the players. This will assist the users to be attentive and make informed decisions related to business. Specialists have also laid their focus on the upcoming business prospects.

Reasons to Buy This Report

1. This report will help the readers to understand the competition within the industries and strategies for the competitive environment to enhance the potential profit. The report also focuses on the competitive landscape of the global Isocyanates market, and introduces in detail the market share, industry ranking, competitor ecosystem, market performance, new product development, operation situation, expansion, and acquisition. etc. of the main players, which helps the readers to identify the main competitors and deeply understand the competition pattern of the market.

2. This report will help stakeholders to understand the global industry status and trends of Isocyanates and provides them with information on key market drivers, restraints, challenges, and opportunities.

3. This report will help stakeholders to understand competitors better and gain more insights to strengthen their position in their businesses. The competitive landscape section includes the market share and rank (in volume and value), competitor ecosystem, new product development, expansion, and acquisition.

4. This report stays updated with novel technology integration, features, and the latest developments in the market.

5. This report helps stakeholders to gain insights into which regions to target globally.

6. This report helps stakeholders to gain insights into the end-user perception concerning the adoption of Isocyanates.

7. This report helps stakeholders to identify some of the key players in the market and understand their valuable contribution.

Chapter Outline

Chapter 1: Introduces the study scope of this report, executive summary of market segments by type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.

Chapter 2: 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 3: Detailed analysis of Isocyanates manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.

Chapter 4: Sales, revenue of Isocyanates in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.

Chapter 5: Introduces market segments by application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.

Chapter 6: 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 7, 8, 9, 10 and 11: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.

Chapter 12: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics.

Chapter 13: Concluding Insights of the report.

More report detail

Tables and figures
List of Tables Table 1. Major Company of ADI Table 2. Major Company of MDI Table 3. Major Company of TDI Table 4. Global Isocyanates Sales by Type (2021 VS 2025 VS 2032) & (US$ Million) Table 5. Global Isocyanates Sales by Type (2021-2026) & (kt) Table 6. Global Isocyanates Sales Market Share in Volume by Type (2021-2026) Table 7. Global Isocyanates Sales by Type (2021-2026) & (US$ Million) Table 8. Global Isocyanates Sales Market Share in Value by Type (2021-2026) Table 9. Global Isocyanates Price by Type (2021-2026) & (US$/t) Table 10. Global Isocyanates Sales by Type (2027-2032) & (kt) Table 11. Global Isocyanates Sales Market Share in Volume by Type (2027-2032) Table 12. Global Isocyanates Sales by Type (2027-2032) & (US$ Million) Table 13. Global Isocyanates Sales Market Share in Value by Type (2027-2032) Table 14. Global Isocyanates Price by Type (2027-2032) & (US$/t) Table 15. North America Isocyanates Sales by Type (2021-2026) & (kt) Table 16. North America Isocyanates Sales by Type (2021-2026) & (US$ Million) Table 17. Europe Isocyanates Sales by Type (2021-2026) & (kt) Table 18. Europe Isocyanates Sales by Type (2021-2026) & (US$ Million) Table 19. Asia-Pacific Isocyanates Sales by Type (2021-2026) & (kt) Table 20. Asia-Pacific Isocyanates Sales by Type (2021-2026) & (US$ Million) Table 21. Latin America Isocyanates Sales by Type (2021-2026) & (kt) Table 22. Latin America Isocyanates Sales by Type (2021-2026) & (US$ Million) Table 23. Middle East and Africa Isocyanates Sales by Type (2021-2026) & (kt) Table 24. Middle East and Africa Isocyanates Sales by Type (2021-2026) & (US$ Million) Table 25. Isocyanates Industry Trends Table 26. Isocyanates Industry Drivers Table 27. Isocyanates Industry Opportunities and Challenges Table 28. Isocyanates Industry Restraints Table 29. Global Isocyanates Sales Revenue by Company (US$ Million) & (2021-2026) Table 30. Global Isocyanates Revenue Market Share by Company (2021-2026) Table 31. Global Isocyanates Sales by Company (2021-2026) & (kt) Table 32. Global Isocyanates Sales Share by Company (2021-2026) Table 33. Global Isocyanates Market Price by Company (2021-2026) & (US$/t) Table 34. Global Isocyanates Industry Company Ranking, 2024 VS 2025 VS 2026 Table 35. Global Isocyanates Major Company Production Sites and Headquarters Table 36. Global Isocyanates Company, Product Type & Application Table 37. Global Isocyanates Company Establishment Date Table 38. Global Company Market Concentration Ratio (CR5 and HHI) Table 39. Global Isocyanates by Company Type (Tier 1, Tier 2, and Tier 3) & (Based on the Revenue of 2025) Table 40. Global Isocyanates Market Size Comparison by Region (US$ Million): 2021 VS 2025 VS 2032 Table 41. Global Isocyanates Sales by Region (2021-2026) & (kt) Table 42. Global Isocyanates Sales Market Share in Volume by Region (2021-2026) Table 43. Global Isocyanates Sales by Region (2021-2026) & (US$ Million) Table 44. Global Isocyanates Sales Market Share in Value by Region (2021-2026) Table 45. Global Isocyanates Sales (kt), Value (US$ Million), Price (US$/t) and Gross Margin (2021-2026) Table 46. Global Isocyanates Sales by Region (2027-2032) & (kt) Table 47. Global Isocyanates Sales Market Share in Volume by Region (2027-2032) Table 48. Global Isocyanates Sales by Region (2027-2032) & (US$ Million) Table 49. Global Isocyanates Sales Market Share in Value by Region (2027-2032) Table 50. Global Isocyanates Sales (kt), Value (US$ Million), Price (US$/t) and Gross Margin (2027-2032) Table 51. Global Isocyanates Sales by Application (2021 VS 2025 VS 2032) & (US$ Million) Table 52. Global Isocyanates Sales by Application (2021-2026) & (kt) Table 53. Global Isocyanates Sales Market Share in Volume by Application (2021-2026) Table 54. Global Isocyanates Sales by Application (2021-2026) & (US$ Million) Table 55. Global Isocyanates Sales Market Share in Value by Application (2021-2026) Table 56. Global Isocyanates Price by Application (2021-2026) & (US$/t) Table 57. Global Isocyanates Sales by Application (2027-2032) & (kt) Table 58. Global Isocyanates Sales Market Share in Volume by Application (2027-2032) Table 59. Global Isocyanates Sales by Application (2027-2032) & (US$ Million) Table 60. Global Isocyanates Sales Market Share in Value by Application (2027-2032) Table 61. Global Isocyanates Price by Application (2027-2032) & (US$/t) Table 62. North America Isocyanates Sales by Application (2021-2026) & (kt) Table 63. North America Isocyanates Sales by Application (2021-2026) & (US$ Million) Table 64. Europe Isocyanates Sales by Application (2021-2026) & (kt) Table 65. Europe Isocyanates Sales by Application (2021-2026) & (US$ Million) Table 66. Asia-Pacific Isocyanates Sales by Application (2021-2026) & (kt) Table 67. Asia-Pacific Isocyanates Sales by Application (2021-2026) & (US$ Million) Table 68. Latin America Isocyanates Sales by Application (2021-2026) & (kt) Table 69. Latin America Isocyanates Sales by Application (2021-2026) & (US$ Million) Table 70. Middle East and Africa Isocyanates Sales by Application (2021-2026) & (kt) Table 71. Middle East and Africa Isocyanates Sales by Application (2021-2026) & (US$ Million) Table 72. Covestro Company Information Table 73. Covestro Business Overview Table 74. Covestro Isocyanates Sales (kt), Revenue (US$ Million), Price (US$/t) and Gross Margin (2021-2026) Table 75. Covestro Isocyanates Product Portfolio Table 76. Covestro Recent Development Table 77. Evonik Company Information Table 78. Evonik Business Overview Table 79. Evonik Isocyanates Sales (kt), Revenue (US$ Million), Price (US$/t) and Gross Margin (2021-2026) Table 80. Evonik Isocyanates Product Portfolio Table 81. Evonik Recent Development Table 82. Vencorex Company Information Table 83. Vencorex Business Overview Table 84. Vencorex Isocyanates Sales (kt), Revenue (US$ Million), Price (US$/t) and Gross Margin (2021-2026) Table 85. Vencorex Isocyanates Product Portfolio Table 86. Vencorex Recent Development Table 87. BASF Company Information Table 88. BASF Business Overview Table 89. BASF Isocyanates Sales (kt), Revenue (US$ Million), Price (US$/t) and Gross Margin (2021-2026) Table 90. BASF Isocyanates Product Portfolio Table 91. BASF Recent Development Table 92. Asahi Kasei Company Information Table 93. Asahi Kasei Business Overview Table 94. Asahi Kasei Isocyanates Sales (kt), Revenue (US$ Million), Price (US$/t) and Gross Margin (2021-2026) Table 95. Asahi Kasei Isocyanates Product Portfolio Table 96. Asahi Kasei Recent Development Table 97. Wanhua Chemical Company Information Table 98. Wanhua Chemical Business Overview Table 99. Wanhua Chemical Isocyanates Sales (kt), Revenue (US$ Million), Price (US$/t) and Gross Margin (2021-2026) Table 100. Wanhua Chemical Isocyanates Product Portfolio Table 101. Wanhua Chemical Recent Development Table 102. Huntsman Company Information Table 103. Huntsman Business Overview Table 104. Huntsman Isocyanates Sales (kt), Revenue (US$ Million), Price (US$/t) and Gross Margin (2021-2026) Table 105. Huntsman Isocyanates Product Portfolio Table 106. Huntsman Recent Development Table 107. DOW Company Information Table 108. DOW Business Overview Table 109. DOW Isocyanates Sales (kt), Revenue (US$ Million), Price (US$/t) and Gross Margin (2021-2026) Table 110. DOW Isocyanates Product Portfolio Table 111. DOW Recent Development Table 112. Tosoh Company Information Table 113. Tosoh Business Overview Table 114. Tosoh Isocyanates Sales (kt), Revenue (US$ Million), Price (US$/t) and Gross Margin (2021-2026) Table 115. Tosoh Isocyanates Product Portfolio Table 116. Tosoh Recent Development Table 117. Mitsui Company Information Table 118. Mitsui Business Overview Table 119. Mitsui Isocyanates Sales (kt), Revenue (US$ Million), Price (US$/t) and Gross Margin (2021-2026) Table 120. Mitsui Isocyanates Product Portfolio Table 121. Mitsui Recent Development Table 122. Hanwha Chemical Company Information Table 123. Hanwha Chemical Business Overview Table 124. Hanwha Chemical Isocyanates Sales (kt), Revenue (US$ Million), Price (US$/t) and Gross Margin (2021-2026) Table 125. Hanwha Chemical Isocyanates Product Portfolio Table 126. Hanwha Chemical Recent Development Table 127. GNFC Company Information Table 128. GNFC Business Overview Table 129. GNFC Isocyanates Sales (kt), Revenue (US$ Million), Price (US$/t) and Gross Margin (2021-2026) Table 130. GNFC Isocyanates Product Portfolio Table 131. GNFC Recent Development Table 132. OCI Company Information Table 133. OCI Business Overview Table 134. OCI Isocyanates Sales (kt), Revenue (US$ Million), Price (US$/t) and Gross Margin (2021-2026) Table 135. OCI Isocyanates Product Portfolio Table 136. OCI Recent Development Table 137. Cangzhou Dahua Company Information Table 138. Cangzhou Dahua Business Overview Table 139. Cangzhou Dahua Isocyanates Sales (kt), Revenue (US$ Million), Price (US$/t) and Gross Margin (2021-2026) Table 140. Cangzhou Dahua Isocyanates Product Portfolio Table 141. Cangzhou Dahua Recent Development Table 142. Gansu Yinguang Company Information Table 143. Gansu Yinguang Business Overview Table 144. Gansu Yinguang Isocyanates Sales (kt), Revenue (US$ Million), Price (US$/t) and Gross Margin (2021-2026) Table 145. Gansu Yinguang Isocyanates Product Portfolio Table 146. Gansu Yinguang Recent Development Table 147. Juli Fine Chemical Company Information Table 148. Juli Fine Chemical Business Overview Table 149. Juli Fine Chemical Isocyanates Sales (kt), Revenue (US$ Million), Price (US$/t) and Gross Margin (2021-2026) Table 150. Juli Fine Chemical Isocyanates Product Portfolio Table 151. Juli Fine Chemical Recent Development Table 152. Fujian Southeast Electrochemical Company Information Table 153. Fujian Southeast Electrochemical Business Overview Table 154. Fujian Southeast Electrochemical Isocyanates Sales (kt), Revenue (US$ Million), Price (US$/t) and Gross Margin (2021-2026) Table 155. Fujian Southeast Electrochemical Isocyanates Product Portfolio Table 156. Fujian Southeast Electrochemical Recent Development Table 157. North America Isocyanates Market Size Growth Rate (CAGR) by Country (kt): 2021 VS 2025 VS 2032 Table 158. North America Isocyanates Sales by Country (2021-2026) & (kt) Table 159. North America Isocyanates Sales Market Share by Country (2021-2026) Table 160. North America Isocyanates Sales Forecast by Country (2027-2032) & (kt) Table 161. North America Isocyanates Sales Market Share Forecast by Country (2027-2032) Table 162. North America Isocyanates Market Size Growth Rate (CAGR) by Country (US$ Million): 2021 VS 2025 VS 2032 Table 163. North America Isocyanates Market Size by Country (2021-2026) & (US$ Million) Table 164. North America Isocyanates Market Share by Country (2021-2026) Table 165. North America Isocyanates Market Size Forecast by Country (2027-2032) & (US$ Million) Table 166. North America Isocyanates Market Share Forecast by Country (2027-2032) Table 167. Europe Isocyanates Market Size Growth Rate (CAGR) by Country (kt): 2021 VS 2025 VS 2032 Table 168. Europe Isocyanates Sales by Country (2021-2026) & (kt) Table 169. Europe Isocyanates Sales Market Share by Country (2021-2026) Table 170. Europe Isocyanates Sales Forecast by Country (2027-2032) & (kt) Table 171. Europe Isocyanates Sales Market Share Forecast by Country (2027-2032) Table 172. Europe Isocyanates Market Size Growth Rate (CAGR) by Country (US$ Million): 2021 VS 2025 VS 2032 Table 173. Europe Isocyanates Market Size by Country (2021-2026) & (US$ Million) Table 174. Europe Isocyanates Market Share by Country (2021-2026) Table 175. Europe Isocyanates Market Size Forecast by Country (2027-2032) & (US$ Million) Table 176. Europe Isocyanates Market Share Forecast by Country (2027-2032) Table 177. Asia-Pacific Isocyanates Market Size Growth Rate (CAGR) by Country (kt): 2021 VS 2025 VS 2032 Table 178. Asia-Pacific Isocyanates Sales by Country (2021-2026) & (kt) Table 179. Asia-Pacific Isocyanates Sales Market Share by Country (2021-2026) Table 180. Asia-Pacific Isocyanates Sales Forecast by Country (2027-2032) & (kt) Table 181. Asia-Pacific Isocyanates Sales Market Share Forecast by Country (2027-2032) Table 182. Asia-Pacific Isocyanates Market Size Growth Rate (CAGR) by Country (US$ Million): 2021 VS 2025 VS 2032 Table 183. Asia-Pacific Isocyanates Market Size by Country (2021-2026) & (US$ Million) Table 184. Asia-Pacific Isocyanates Market Share by Country (2021-2026) Table 185. Asia-Pacific Isocyanates Market Size Forecast by Country (2027-2032) & (US$ Million) Table 186. Asia-Pacific Isocyanates Market Share Forecast by Country (2027-2032) Table 187. Latin America Isocyanates Market Size Growth Rate (CAGR) by Country (kt): 2021 VS 2025 VS 2032 Table 188. Latin America Isocyanates Sales by Country (2021-2026) & (kt) Table 189. Latin America Isocyanates Sales Market Share by Country (2021-2026) Table 190. Latin America Isocyanates Sales Forecast by Country (2027-2032) & (kt) Table 191. Latin America Isocyanates Sales Market Share Forecast by Country (2027-2032) Table 192. Latin America Isocyanates Market Size Growth Rate (CAGR) by Country (US$ Million): 2021 VS 2025 VS 2032 Table 193. Latin America Isocyanates Market Size by Country (2021-2026) & (US$ Million) Table 194. Latin America Isocyanates Market Share by Country (2021-2026) Table 195. Latin America Isocyanates Market Size Forecast by Country (2027-2032) & (US$ Million) Table 196. Latin America Isocyanates Market Share Forecast by Country (2027-2032) Table 197. Middle East and Africa Isocyanates Market Size Growth Rate (CAGR) by Country (kt): 2021 VS 2025 VS 2032 Table 198. Middle East and Africa Isocyanates Sales by Country (2021-2026) & (kt) Table 199. Middle East and Africa Isocyanates Sales Market Share by Country (2021-2026) Table 200. Middle East and Africa Isocyanates Sales Forecast by Country (2027-2032) & (kt) Table 201. Middle East and Africa Isocyanates Sales Market Share Forecast by Country (2027-2032) Table 202. Middle East and Africa Isocyanates Market Size Growth Rate (CAGR) by Country (US$ Million): 2021 VS 2025 VS 2032 Table 203. Middle East and Africa Isocyanates Market Size by Country (2021-2026) & (US$ Million) Table 204. Middle East and Africa Isocyanates Market Share by Country (2021-2026) Table 205. Middle East and Africa Isocyanates Market Size Forecast by Country (2027-2032) & (US$ Million) Table 206. Middle East and Africa Isocyanates Market Share Forecast by Country (2027-2032) Table 207. Key Raw Materials Table 208. Raw Materials Key Suppliers Table 209. Isocyanates Distributors List Table 210. Isocyanates Customers List Table 211. Research Programs/Design for This Report Table 212. Authors List of This Report Table 213. Secondary Sources Table 214. Primary Sources List of Figures Figure 1. Isocyanates Image Figure 2. Global Isocyanates Market Size (US$ Million), 2021 VS 2025 VS 2032 Figure 3. Global Isocyanates Market Size (2021-2032) & (US$ Million) Figure 4. Global Isocyanates Sales (2021-2032) & (kt) Figure 5. ADI Image Figure 6. Global ADI Sales YoY Growth (2021-2032) & (kt) Figure 7. MDI Image Figure 8. Global MDI Sales YoY Growth (2021-2032) & (kt) Figure 9. TDI Image Figure 10. Global TDI Sales YoY Growth (2021-2032) & (kt) Figure 11. Global Isocyanates Market Size Overview by Type (2021-2032) & (US$ Million) Figure 12. Global Isocyanates Market Share by Type 2025 VS 2032 Figure 13. North America Isocyanates Sales Market Share in Volume by Type in 2025 Figure 14. North America Isocyanates Sales Market Share in Value by Type in 2025 Figure 15. Europe Isocyanates Sales Market Share in Volume by Type in 2025 Figure 16. Europe Isocyanates Sales Market Share in Value by Type in 2025 Figure 17. Asia-Pacific Isocyanates Sales Market Share in Volume by Type in 2025 Figure 18. Asia-Pacific Isocyanates Sales Market Share in Value by Type in 2025 Figure 19. Latin America Isocyanates Sales Market Share in Volume by Type in 2025 Figure 20. Latin America Isocyanates Sales Market Share in Value by Type in 2025 Figure 21. Middle East and Africa Isocyanates Sales Market Share in Volume by Type in 2025 Figure 22. Middle East and Africa Isocyanates Sales Market Share in Value by Type in 2025 Figure 23. Global Top 5 and 10 Isocyanates Players Market Share by Revenue in 2025 Figure 24. Company Type (Tier 1, Tier 2, and Tier 3): 2021 VS 2025 Figure 25. Polyurethane Foam Image Figure 26. Global Polyurethane Foam Sales YoY Growth (2021-2032) & (kt) Figure 27. Paints & Coatings Image Figure 28. Global Paints & Coatings Sales YoY Growth (2021-2032) & (kt) Figure 29. Adhesives & Sealants Image Figure 30. Global Adhesives & Sealants Sales YoY Growth (2021-2032) & (kt) Figure 31. Other Image Figure 32. Global Other Sales YoY Growth (2021-2032) & (kt) Figure 33. Global Isocyanates Market Size Overview by Application (2021-2032) & (US$ Million) Figure 34. Global Isocyanates Market Share by Application 2025 VS 2032 Figure 35. North America Isocyanates Sales Market Share in Volume by Application in 2025 Figure 36. North America Isocyanates Sales Market Share in Value by Application in 2025 Figure 37. Europe Isocyanates Sales Market Share in Volume by Application in 2025 Figure 38. Europe Isocyanates Sales Market Share in Value by Application in 2025 Figure 39. Asia-Pacific Isocyanates Sales Market Share in Volume by Application in 2025 Figure 40. Asia-Pacific Isocyanates Sales Market Share in Value by Application in 2025 Figure 41. Latin America Isocyanates Sales Market Share in Volume by Application in 2025 Figure 42. Latin America Isocyanates Sales Market Share in Value by Application in 2025 Figure 43. Middle East and Africa Isocyanates Sales Market Share in Volume by Application in 2025 Figure 44. Middle East and Africa Isocyanates Sales Market Share in Value by Application in 2025 Figure 45. North America Isocyanates Sales by Country: 2021 VS 2025 VS 2032 (kt) Figure 46. North America Isocyanates Sales Share by Country: 2021 VS 2025 VS 2032 Figure 47. North America Isocyanates Market Size by Country: 2021 VS 2025 VS 2032 (US$ Million) Figure 48. North America Isocyanates Market Share by Country: 2021 VS 2025 VS 2032 Figure 49. Europe Isocyanates Sales by Country: 2021 VS 2025 VS 2032 (kt) Figure 50. Europe Isocyanates Sales Share by Country: 2021 VS 2025 VS 2032 Figure 51. Europe Isocyanates Market Size by Country: 2021 VS 2025 VS 2032 (US$ Million) Figure 52. Europe Isocyanates Market Share by Country: 2021 VS 2025 VS 2032 Figure 53. Asia-Pacific Isocyanates Sales by Country: 2021 VS 2025 VS 2032 (kt) Figure 54. Asia-Pacific Isocyanates Sales Share by Country: 2021 VS 2025 VS 2032 Figure 55. Asia-Pacific Isocyanates Market Size by Country: 2021 VS 2025 VS 2032 (US$ Million) Figure 56. Asia-Pacific Isocyanates Market Share by Country: 2021 VS 2025 VS 2032 Figure 57. Latin America Isocyanates Sales by Country: 2021 VS 2025 VS 2032 (kt) Figure 58. Latin America Isocyanates Sales Share by Country: 2021 VS 2025 VS 2032 Figure 59. Latin America Isocyanates Market Size by Country: 2021 VS 2025 VS 2032 (US$ Million) Figure 60. Latin America Isocyanates Market Share by Country: 2021 VS 2025 VS 2032 Figure 61. Middle East and Africa Isocyanates Sales by Country: 2021 VS 2025 VS 2032 (kt) Figure 62. Middle East and Africa Isocyanates Sales Share by Country: 2021 VS 2025 VS 2032 Figure 63. Middle East and Africa Isocyanates Market Size by Country: 2021 VS 2025 VS 2032 (US$ Million) Figure 64. Middle East and Africa Isocyanates Market Share by Country: 2021 VS 2025 VS 2032 Figure 65. Isocyanates Value Chain Figure 66. Key Raw Materials Price Figure 67. Manufacturing Cost Structure Figure 68. Isocyanates Production Mode & Process Figure 69. Direct Comparison with Distribution Share Figure 70. Distributors Profiles Figure 71. Years Considered Figure 72. Research Process Figure 73. Key Executives Interviewed

Scope & coverage.

Types
  • ADI
  • MDI
  • TDI
Applications
  • Polyurethane Foam
  • Paints & Coatings
  • Adhesives & Sealants
  • Other
Companies covered
  • Covestro
  • Evonik
  • Vencorex
  • BASF
  • Asahi Kasei
  • Wanhua Chemical
  • Huntsman
  • DOW
  • Tosoh
  • Mitsui
  • Hanwha Chemical
  • GNFC
  • OCI
  • Cangzhou Dahua
  • Gansu Yinguang
  • Juli Fine Chemical
  • Fujian Southeast Electrochemical

Inside the report.

1 Market Overview
  1. 1.1 Product Definition
  2. 1.2 Global Market Growth Prospects
  3. 1.2.1 Global Isocyanates Market Size Estimates and Forecasts (2021-2032)
  4. 1.2.2 Global Isocyanates Sales Estimates and Forecasts (2021-2032)
  5. 1.3 Isocyanates Market by Type
  6. 1.3.1 ADI
  7. 1.3.2 MDI
  8. 1.3.3 TDI
  9. 1.4 Global Isocyanates Market Size by Type
  10. 1.4.1 Global Isocyanates Market Size Overview by Type (2021-2032)
  11. 1.4.2 Global Isocyanates Historic Market Size Review by Type (2021-2026)
  12. 1.4.3 Global Isocyanates Forecasted Market Size by Type (2027-2032)
  13. 1.5 Key Regions Market Size by Type
  14. 1.5.1 North America Isocyanates Sales Breakdown by Type (2021-2026)
  15. 1.5.2 Europe Isocyanates Sales Breakdown by Type (2021-2026)
  16. 1.5.3 Asia-Pacific Isocyanates Sales Breakdown by Type (2021-2026)
  17. 1.5.4 South America Isocyanates Sales Breakdown by Type (2021-2026)
  18. 1.5.5 Middle East and Africa Isocyanates Sales Breakdown by Type (2021-2026)
2 Global Market Dynamics
  1. 2.1 Isocyanates Industry Trends
  2. 2.2 Isocyanates Industry Drivers
  3. 2.3 Isocyanates Industry Opportunities and Challenges
  4. 2.4 Isocyanates Industry Restraints
3 Market Competitive Landscape by Company
  1. 3.1 Global Top Players by Isocyanates Revenue (2021-2026)
  2. 3.2 Global Top Players by Isocyanates Sales (2021-2026)
  3. 3.3 Global Top Players by Isocyanates Price (2021-2026)
  4. 3.4 Global Isocyanates Industry Company Ranking, 2024 VS 2025 VS 2026
  5. 3.5 Global Isocyanates Major Company Production Sites & Headquarters
  6. 3.6 Global Isocyanates Company, Product Type & Application
  7. 3.7 Global Isocyanates Company Establishment Date
  8. 3.8 Market Competitive Analysis
  9. 3.8.1 Global Isocyanates Market CR5 and HHI
  10. 3.8.2 Global Top 5 and 10 Isocyanates Players Market Share by Revenue in 2025
  11. 3.8.3 2025 Isocyanates Tier 1, Tier 2, and Tier 3
4 Isocyanates Regional Status and Outlook
  1. 4.1 Global Isocyanates Market Size and CAGR by Region: 2021 VS 2025 VS 2032
  2. 4.2 Global Isocyanates Historic Market Size by Region
  3. 4.2.1 Global Isocyanates Sales in Volume by Region (2021-2026)
  4. 4.2.2 Global Isocyanates Sales in Value by Region (2021-2026)
  5. 4.2.3 Global Isocyanates Sales (Volume & Value), Price and Gross Margin (2021-2026)
  6. 4.3 Global Isocyanates Forecasted Market Size by Region
  7. 4.3.1 Global Isocyanates Sales in Volume by Region (2027-2032)
  8. 4.3.2 Global Isocyanates Sales in Value by Region (2027-2032)
  9. 4.3.3 Global Isocyanates Sales (Volume & Value), Price and Gross Margin (2027-2032)
5 Isocyanates by Application
  1. 5.1 Isocyanates Market by Application
  2. 5.1.1 Polyurethane Foam
  3. 5.1.2 Paints & Coatings
  4. 5.1.3 Adhesives & Sealants
  5. 5.1.4 Other
  6. 5.2 Global Isocyanates Market Size by Application
  7. 5.2.1 Global Isocyanates Market Size Overview by Application (2021-2032)
  8. 5.2.2 Global Isocyanates Historic Market Size Review by Application (2021-2026)
  9. 5.2.3 Global Isocyanates Forecasted Market Size by Application (2027-2032)
  10. 5.3 Key Regions Market Size by Application
  11. 5.3.1 North America Isocyanates Sales Breakdown by Application (2021-2026)
  12. 5.3.2 Europe Isocyanates Sales Breakdown by Application (2021-2026)
  13. 5.3.3 Asia-Pacific Isocyanates Sales Breakdown by Application (2021-2026)
  14. 5.3.4 South America Isocyanates Sales Breakdown by Application (2021-2026)
  15. 5.3.5 Middle East and Africa Isocyanates Sales Breakdown by Application (2021-2026)
6 Company Profiles
  1. 6.1 Covestro
  2. 6.1.1 Covestro Company Information
  3. 6.1.2 Covestro Business Overview
  4. 6.1.3 Covestro Isocyanates Sales, Revenue and Gross Margin (2021-2026)
  5. 6.1.4 Covestro Isocyanates Product Portfolio
  6. 6.1.5 Covestro Recent Developments
  7. 6.2 Evonik
  8. 6.2.1 Evonik Company Information
  9. 6.2.2 Evonik Business Overview
  10. 6.2.3 Evonik Isocyanates Sales, Revenue and Gross Margin (2021-2026)
  11. 6.2.4 Evonik Isocyanates Product Portfolio
  12. 6.2.5 Evonik Recent Developments
  13. 6.3 Vencorex
  14. 6.3.1 Vencorex Company Information
  15. 6.3.2 Vencorex Business Overview
  16. 6.3.3 Vencorex Isocyanates Sales, Revenue and Gross Margin (2021-2026)
  17. 6.3.4 Vencorex Isocyanates Product Portfolio
  18. 6.3.5 Vencorex Recent Developments
  19. 6.4 BASF
  20. 6.4.1 BASF Company Information
  21. 6.4.2 BASF Business Overview
  22. 6.4.3 BASF Isocyanates Sales, Revenue and Gross Margin (2021-2026)
  23. 6.4.4 BASF Isocyanates Product Portfolio
  24. 6.4.5 BASF Recent Developments
  25. 6.5 Asahi Kasei
  26. 6.5.1 Asahi Kasei Company Information
  27. 6.5.2 Asahi Kasei Business Overview
  28. 6.5.3 Asahi Kasei Isocyanates Sales, Revenue and Gross Margin (2021-2026)
  29. 6.5.4 Asahi Kasei Isocyanates Product Portfolio
  30. 6.5.5 Asahi Kasei Recent Developments
  31. 6.6 Wanhua Chemical
  32. 6.6.1 Wanhua Chemical Company Information
  33. 6.6.2 Wanhua Chemical Business Overview
  34. 6.6.3 Wanhua Chemical Isocyanates Sales, Revenue and Gross Margin (2021-2026)
  35. 6.6.4 Wanhua Chemical Isocyanates Product Portfolio
  36. 6.6.5 Wanhua Chemical Recent Developments
  37. 6.7 Huntsman
  38. 6.7.1 Huntsman Company Information
  39. 6.7.2 Huntsman Business Overview
  40. 6.7.3 Huntsman Isocyanates Sales, Revenue and Gross Margin (2021-2026)
  41. 6.7.4 Huntsman Isocyanates Product Portfolio
  42. 6.7.5 Huntsman Recent Developments
  43. 6.8 DOW
  44. 6.8.1 DOW Company Information
  45. 6.8.2 DOW Business Overview
  46. 6.8.3 DOW Isocyanates Sales, Revenue and Gross Margin (2021-2026)
  47. 6.8.4 DOW Isocyanates Product Portfolio
  48. 6.8.5 DOW Recent Developments
  49. 6.9 Tosoh
  50. 6.9.1 Tosoh Company Information
  51. 6.9.2 Tosoh Business Overview
  52. 6.9.3 Tosoh Isocyanates Sales, Revenue and Gross Margin (2021-2026)
  53. 6.9.4 Tosoh Isocyanates Product Portfolio
  54. 6.9.5 Tosoh Recent Developments
  55. 6.10 Mitsui
  56. 6.10.1 Mitsui Company Information
  57. 6.10.2 Mitsui Business Overview
  58. 6.10.3 Mitsui Isocyanates Sales, Revenue and Gross Margin (2021-2026)
  59. 6.10.4 Mitsui Isocyanates Product Portfolio
  60. 6.10.5 Mitsui Recent Developments
  61. 6.11 Hanwha Chemical
  62. 6.11.1 Hanwha Chemical Company Information
  63. 6.11.2 Hanwha Chemical Business Overview
  64. 6.11.3 Hanwha Chemical Isocyanates Sales, Revenue and Gross Margin (2021-2026)
  65. 6.11.4 Hanwha Chemical Isocyanates Product Portfolio
  66. 6.11.5 Hanwha Chemical Recent Developments
  67. 6.12 GNFC
  68. 6.12.1 GNFC Company Information
  69. 6.12.2 GNFC Business Overview
  70. 6.12.3 GNFC Isocyanates Sales, Revenue and Gross Margin (2021-2026)
  71. 6.12.4 GNFC Isocyanates Product Portfolio
  72. 6.12.5 GNFC Recent Developments
  73. 6.13 OCI
  74. 6.13.1 OCI Company Information
  75. 6.13.2 OCI Business Overview
  76. 6.13.3 OCI Isocyanates Sales, Revenue and Gross Margin (2021-2026)
  77. 6.13.4 OCI Isocyanates Product Portfolio
  78. 6.13.5 OCI Recent Developments
  79. 6.14 Cangzhou Dahua
  80. 6.14.1 Cangzhou Dahua Company Information
  81. 6.14.2 Cangzhou Dahua Business Overview
  82. 6.14.3 Cangzhou Dahua Isocyanates Sales, Revenue and Gross Margin (2021-2026)
  83. 6.14.4 Cangzhou Dahua Isocyanates Product Portfolio
  84. 6.14.5 Cangzhou Dahua Recent Developments
  85. 6.15 Gansu Yinguang
  86. 6.15.1 Gansu Yinguang Company Information
  87. 6.15.2 Gansu Yinguang Business Overview
  88. 6.15.3 Gansu Yinguang Isocyanates Sales, Revenue and Gross Margin (2021-2026)
  89. 6.15.4 Gansu Yinguang Isocyanates Product Portfolio
  90. 6.15.5 Gansu Yinguang Recent Developments
  91. 6.16 Juli Fine Chemical
  92. 6.16.1 Juli Fine Chemical Company Information
  93. 6.16.2 Juli Fine Chemical Business Overview
  94. 6.16.3 Juli Fine Chemical Isocyanates Sales, Revenue and Gross Margin (2021-2026)
  95. 6.16.4 Juli Fine Chemical Isocyanates Product Portfolio
  96. 6.16.5 Juli Fine Chemical Recent Developments
  97. 6.17 Fujian Southeast Electrochemical
  98. 6.17.1 Fujian Southeast Electrochemical Company Information
  99. 6.17.2 Fujian Southeast Electrochemical Business Overview
  100. 6.17.3 Fujian Southeast Electrochemical Isocyanates Sales, Revenue and Gross Margin (2021-2026)
  101. 6.17.4 Fujian Southeast Electrochemical Isocyanates Product Portfolio
  102. 6.17.5 Fujian Southeast Electrochemical Recent Developments
7 North America by Country
  1. 7.1 North America Isocyanates Sales by Country
  2. 7.1.1 North America Isocyanates Sales Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
  3. 7.1.2 North America Isocyanates Sales by Country (2021-2026)
  4. 7.1.3 North America Isocyanates Sales Forecast by Country (2027-2032)
  5. 7.2 North America Isocyanates Market Size by Country
  6. 7.2.1 North America Isocyanates Market Size Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
  7. 7.2.2 North America Isocyanates Market Size by Country (2021-2026)
  8. 7.2.3 North America Isocyanates Market Size Forecast by Country (2027-2032)
8 Europe by Country
  1. 8.1 Europe Isocyanates Sales by Country
  2. 8.1.1 Europe Isocyanates Sales Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
  3. 8.1.2 Europe Isocyanates Sales by Country (2021-2026)
  4. 8.1.3 Europe Isocyanates Sales Forecast by Country (2027-2032)
  5. 8.2 Europe Isocyanates Market Size by Country
  6. 8.2.1 Europe Isocyanates Market Size Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
  7. 8.2.2 Europe Isocyanates Market Size by Country (2021-2026)
  8. 8.2.3 Europe Isocyanates Market Size Forecast by Country (2027-2032)
9 Asia-Pacific by Country
  1. 9.1 Asia-Pacific Isocyanates Sales by Country
  2. 9.1.1 Asia-Pacific Isocyanates Sales Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
  3. 9.1.2 Asia-Pacific Isocyanates Sales by Country (2021-2026)
  4. 9.1.3 Asia-Pacific Isocyanates Sales Forecast by Country (2027-2032)
  5. 9.2 Asia-Pacific Isocyanates Market Size by Country
  6. 9.2.1 Asia-Pacific Isocyanates Market Size Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
  7. 9.2.2 Asia-Pacific Isocyanates Market Size by Country (2021-2026)
  8. 9.2.3 Asia-Pacific Isocyanates Market Size Forecast by Country (2027-2032)
10 South America by Country
  1. 10.1 South America Isocyanates Sales by Country
  2. 10.1.1 South America Isocyanates Sales Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
  3. 10.1.2 South America Isocyanates Sales by Country (2021-2026)
  4. 10.1.3 South America Isocyanates Sales Forecast by Country (2027-2032)
  5. 10.2 South America Isocyanates Market Size by Country
  6. 10.2.1 South America Isocyanates Market Size Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
  7. 10.2.2 South America Isocyanates Market Size by Country (2021-2026)
  8. 10.2.3 South America Isocyanates Market Size Forecast by Country (2027-2032)
11 Middle East and Africa by Country
  1. 11.1 Middle East and Africa Isocyanates Sales by Country
  2. 11.1.1 Middle East and Africa Isocyanates Sales Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
  3. 11.1.2 Middle East and Africa Isocyanates Sales by Country (2021-2026)
  4. 11.1.3 Middle East and Africa Isocyanates Sales Forecast by Country (2027-2032)
  5. 11.2 Middle East and Africa Isocyanates Market Size by Country
  6. 11.2.1 Middle East and Africa Isocyanates Market Size Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
  7. 11.2.2 Middle East and Africa Isocyanates Market Size by Country (2021-2026)
  8. 11.2.3 Middle East and Africa Isocyanates Market Size Forecast by Country (2027-2032)
12 Value Chain and Sales Channels Analysis
  1. 12.1 Isocyanates Value Chain Analysis
  2. 12.1.1 Isocyanates Key Raw Materials
  3. 12.1.2 Key Raw Materials Price
  4. 12.1.3 Raw Materials Key Suppliers
  5. 12.1.4 Manufacturing Cost Structure
  6. 12.1.5 Isocyanates Production Mode & Process
  7. 12.2 Isocyanates Sales Channels Analysis
  8. 12.2.1 Direct Comparison with Distribution Share
  9. 12.2.2 Isocyanates Distributors
  10. 12.2.3 Isocyanates Customers
13 Concluding Insights
    14 Appendix
    1. 14.1 Reasons for Doing This Study
    2. 14.2 Research Methodology
    3. 14.3 Research Process
    4. 14.4 Authors List of This Report
    5. 14.5 Data Source
    6. 14.5.1 Secondary Sources
    7. 14.5.2 Primary Sources
    8. 14.6 Disclaimer

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