Press release
Isophorone Diisocyanate Market Size, Share, Development by 2024
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Isophorone diisocyanate (IPDI) is an intermediate chemical used to produce IPDI-based products (i.e., polyisocyanates, polyurethane dispersions) that are primarily used in certain polyurethane coatings. These IPDI-based products are used by industrial customers to manufacture various coatings for automobiles, flooring, roofing, machinery, and textile applications. They are also used in cast elastomers, adhesives, sealants, and as cross linkers for powder coatings.
Scope of the Report:
In 2017, the global Isophorone Diisocyanate (IPDI) market is led by Europe, capturing about 73.40% of global Isophorone Diisocyanate (IPDI) production. USA is the second-largest region-wise market with 24.03% of production share.
At present, the major manufacturers of Isophorone Diisocyanate (IPDI) are Covestro(Bayer), Evonik, Vencorex, Wanhua Chemical and BASF. Evonik is the world leader, holding 57.90% production market share in 2017.
Isophorone Diisocyanate (IPDI) is an important organic intermediate. It is used primarily to make polyurethane coatings, adhesives & sealants and elastomers. Nowadays, global percentage of polyurethane coatings tends to increase. Elastomers application share is stable those years.
The worldwide market for Isophorone Diisocyanate (IPDI) is expected to grow at a CAGR of roughly 2.9% over the next five years, will reach 790 million US$ in 2024, from 680 million US$ in 2019, according to a new GIR (Global Info Research) study.
This report focuses on the Isophorone Diisocyanate (IPDI) in global market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This report categorizes the market based on manufacturers, regions, type and application.
Market Segment by Manufacturers, this report covers
Covestro (Bayer)
Evonik
Vencorex
Wanhua Chemical
BASF
Market Segment by Regions, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Colombia etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
Market Segment by Type, covers
Guaranteed Reagent
Analytical Reagent
Chemically Pure
Market Segment by Applications, can be divided into
Coatings & Inks
Adhesives & Sealants
Elastomers
Other
For More Information On This Report, Please Visit @
https://www.globalinforesearch.com/global-isophorone-diisocyanate-ipdi-market_p108407.html
Related Information:
North America Isophorone Diisocyanate Market Growth 2019-2024
United States Isophorone Diisocyanate Market Growth 2019-2024
Asia-Pacific Isophorone Diisocyanate Market Growth 2019-2024
Europe Isophorone Diisocyanate Market Growth 2019-2024
EMEA Isophorone Diisocyanate Market Growth 2019-2024
Global Isophorone Diisocyanate Market Growth 2019-2024
China Isophorone Diisocyanate Market Growth 2019-2024
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