Impact of Covid-19 Isocyanates Market Research Report, Market Share, Size, Trends, Forecast and Analysis of Key players 2024
The global isocyanates market grew at a CAGR of around 7% during 2014-2019. Isocyanate is a highly reactive organic compound containing isocyanate group (-NCO) molecules. It is formed by the reaction of phosgene and amine with water. Isocyanates are produced from raw materials, including crude oil, propylene, toluene, aniline, and benzene. Few common types of isocyanates include aliphatic isocyanate, methylene diphenyl diisocyanate (MDI), and toluene diisocyanate (TDI). They are extensively used across various industries for producing polyurethane (PUR)-based foams, paints, coatings, sealants, binders, and sealants. Request for a free sample copy of this report: https://www.imarcgroup.com/isocyanates-market/requestsample The surging demand for isocyanate-based products in the automotive and construction industry has augmented the product demand. They are used on the exterior components of automobiles to reduce the overall vehicular weight and improve the f...