Isocyanate Market worth $38,729 Million by 2019

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MarketsandMarkets Presents
Isocyanate Market worth 38,729 Million by
2019
http//www.marketsandmarkets.com/Market-Reports/is
ocyanate-market-174077042.html
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The report "Isocyanate Market by Type (MDI, TDI,
Aliphatic, Others) Application (Rigid Foam,
Flexible Foam, Paints Coatings, Adhesive
Sealants, and Elastomers Binders) - Global
Trends Forecast to 2019" defines and segments
the isocyanate market with an analysis and
forecast of the market value. The isocyanate
material market value will grow to 38,729
million by 2019, at a significant CAGR from 2014
to 2019. Browse gtgt 157 data
tables 44 figures
286 pages and in-depth TOC on
Isocyanate Market http//www.marketsandmarkets
.com/Market-Reports/isocyanate-market-174077042.ht
ml Early buyers will receive 10 customization
of reports.
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The isocyanate market is directly influenced by
the growth in its end-user industries, such as
construction, automotive, electronics, and
others. These are used in these industries in
various applications such as rigid foam,
flexible foam, paints coatings, adhesives
sealants, elastomers binders, and other
applications. Owing to the increasing demand for
rigid foam from both mature and emerging
economies, the market promises better growth in
the coming years. Asia-Pacific to be the largest
market Asia-Pacific is the leading consumer of
isocyanate globally. The demand for isocyanate in
the region is strong due to high usage of
isocyanate in the growing end-user industries
such as construction, electronic, and automotive.
These factors would have the biggest impact on
the European material market.
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ocyanate-market-174077042.html
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Isocyanate-based rigid foam is an efficient
insulation material that helps in considerable
energy savings and is being increasingly used as
an insulation material in buildings and
construction. The growing awareness of consumers
and surging demand for the green-based chemicals
such as zero volatile organic component coatings
is expected to drive the substitution of
solvent-based products with water-based products.
As the governments and organizations look forward
to create a culture of environment sustainability
the isocyanate market is expected to witness
significant growth in the years to come. High
demand from end-user industry Isocyanates owing
to their superior and unique properties are used
in different end-user industries. Their
applications are constantly evolving and vary as
per the changes in their base material. The
different applications of various types of
isocyanate offer different properties, thereby
expanding its application market.
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ocyanate-market-174077042.html
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Rigid foam, flexible foam, paints coatings,
adhesives sealants, and elastomers binders
are some of the few examples of the many
applications of isocyanate used in end-user
industries. Isocyanate usage in rigid foam is in
high demand and it will surely continue to drive
this market in the future. MDI demand will
remain strong Methylene diphenyl diisocyanate
(MDI) technology is estimated to dominate the
isocyanate market in terms of market size and
growth rate due to it usage in various
applications. MDI is an aromatic diisocyanate.
MDI is predominantly used to manufacture rigid
polyurethane foams and it is also used in
non-foam applications such as paints and
coatings, adhesives and sealants, and elastomers,
etc. There are a number of commercial processes
to manufacture MDI, which are based on
phosegenation.
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ocyanate-market-174077042.html
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ocyanate-market-174077042.html