Los Angeles, CA -- (SBWire) -- 04/13/2019 --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.
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.
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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.
The global Blocked Isocyanate market was 210 million US$ in 2018 and is expected to 400 million US$ by the end of 2025, growing at a CAGR of 9.3% between 2019 and 2025.
This report studies the Blocked Isocyanate market size (value and volume) by players, regions, product types and end industries, history data 2014-2018 and forecast data 2019-2025; This report also studies the global market competition landscape, market drivers and trends, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.
Geographically, this report is segmented into several key regions, with sales, revenue, market share and growth Rate of Blocked Isocyanate in these regions, from 2014 to 2025, covering
North America (United States, Canada and Mexico)
Europe (Germany, UK, France, Italy, Russia and Turkey etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil etc.)
Middle East and Africa (Egypt and GCC Countries)
The various contributors involved in the value chain of the product include manufacturers, suppliers, distributors, intermediaries, and customers. The key manufacturers in this market include
BAXENDEN
Vencorex
Covestro
Evonik
Rudolf
EMS
Leeson Polyurethanes
DIC
Asahi KASEI
Tosoh
Mitsui Chemicals
Meisei Chem
Jiang Xing Industry
Cale Chem
Shiquanxing
BoGao
By the product type, the market is primarily split into
Water-based Blocked Isocyanate
Solvent-based Blocked Isocyanate
By the end users/application, this report covers the following segments
Single-Component Coating
Adhesive
Other
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Blocked Isocyanate Market Growing at 9.3% CAGR Will Hit 400 Million US$ in 2025