The global lsocyanate market size is predicted to grow from US$ 76.6 million in 2025 to US$ 93.2 million in 2031; it is expected to grow at a CAGR of 3.3% from 2025 to 2031.

Isocyanates are a family of highly reactive, low molecular weight chemicals. They are widely used in the manufacture of flexible and rigid foams, fibers, coatings such as paints and varnishes, and elastomers, and are increasingly used in the automobile industry, autobody repair, and building insulation materials.

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 sectors 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.

Infinity Market Research newest research report, the lsocyanate Industry Forecast looks at past sales and reviews total world lsocyanate sales in 2024, providing a comprehensive analysis by region and market sector of projected lsocyanate sales for 2025 through 2031. With lsocyanate sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world lsocyanate industry.

This Insight Report provides a comprehensive analysis of the global lsocyanate landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on lsocyanate portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms unique position in an accelerating global lsocyanate market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for lsocyanate and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global lsocyanate.

This report presents a comprehensive overview, market shares, and growth opportunities of lsocyanate market by product type, application, key manufacturers and key regions and countries.

Segmentation by Type:

    Methylene Diphenyl Diisocyanate (MDI)
    Toluene Diisocyanate (TDI)
    Aliphatic Isocyanate
    Others

Segmentation by Application:

    Building & Construction
    Automotive
    Healthcare
    Furniture
    Others

This report also splits the market by region:

    Americas
        United States
        Canada
        Mexico
        Brazil
    APAC
        China
        Japan
        Korea
        Southeast Asia
        India
        Australia
    Europe
        Germany
        France
        UK
        Italy
        Russia
    Middle East & Africa
        Egypt
        South Africa
        Israel
        Turkey
        GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the companys coverage, product portfolio, its market penetration.

    BASF SE
    Bayer AG
    Chemtura Corporation
    Huntsman
    International LLC
    DOW
    Mitsui Chemicals, Inc.
    Hebei Cangzhou New Century ForeignTrade Co.,Ltd.
    Evonik Industries AG
    Dahua (Group)Co.Ltd.
    Wanhua Chemical GroupCo.Ltd.
    GNF Limited
    Yantai Sanjiang Chemical lndustry Material Co.Ltd.
    Tosoh Corporation
    China National Blue Star(Group)Co.Ltd
    KUMHO MITSUI
    CHEMICALS CORP
    Covestro AG

Key Questions Addressed in this Report

What is the 10-year outlook for the global lsocyanate market?
What factors are driving lsocyanate market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do lsocyanate market opportunities vary by end market size?
How does lsocyanate break out by Type, by Application?