Press release
Blocked Isocyanate Market to Witness Robust Expansion by 2023
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.
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Global Blocked Isocyanate Market: Forecast by Type / Application / Region
Blocked isocyanate is mainly applied in production of coating and adhesives etc. With the development of economy, downstream applications will need more blocked isocyanate. So, Blocked Isocyanate has a huge market potential in the future.
The major raw materials for blocked isocyanate are isocyanate and blocking agent. Fluctuations in the price of the upstream product will impact on the production cost of Blocked Isocyanate, and then impact the price of blocked isocyanate.
According to this study, over the next five years the Blocked Isocyanate market will register a 9.9% CAGR in terms of revenue, the global market size will reach US$ 340 million by 2024, from US$ 210 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Blocked Isocyanate business, shared in Chapter 3.
Global Blocked Isocyanate Market: Key Players
BAXENDEN
Vencorex
Covestro
Evonik
Rudolf
EMS
Leeson Polyurethanes
DIC
Asahi KASEI
Tosoh
Mitsui Chemicals
Meisei Chem
Jiang Xing Industry
Cale Chem
Shiquanxing
BoGao
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Related Information:
United States Blocked Isocyanate Market Research Report 2018
Europe Blocked Isocyanate Market Research Report 2018
North America Blocked Isocyanate Market Research Report 2018
Asia-Pacific Blocked Isocyanate Market Research Report 2018
China Blocked Isocyanate Market Research Report 2018
EMEA Blocked Isocyanate Market Research Report 2018
Global Blocked Isocyanate Market Research Report 2018
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