Isophorone Diisocyanate (IPDI) Market research study stipulates a clear overview of the current market including the past and the projected future of market size concerning volume, technological advances, and economic elements in the market industry.

Los Angeles, CA -- (SBWire) -- 04/11/2019 --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.

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 global Isophorone Diisocyanate (IPDI) market was 680 million US$ in 2018 and is expected to 850 million US$ by the end of 2025, growing at a CAGR of 3.1% between 2019 and 2025.

This report studies the Isophorone Diisocyanate (IPDI) 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.

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Geographically, this report is segmented into several key regions, with sales, revenue, market share and growth Rate of Isophorone Diisocyanate (IPDI) 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

Covestro (Bayer)

Evonik

Vencorex

Wanhua Chemical

BASF

By the product type, the market is primarily split into

Guaranteed Reagent

Analytical Reagent

Chemically Pure

By the end users/application, this report covers the following segments

Coatings & Inks

Adhesives & Sealants

Elastomers

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