Latest Update: Impact of current COVID-19 situation has been considered in this report while making the analysis.
Global Polyisocyanate Hardener Market by Type (TDI Polyisocyanate Hardener, HDI Polyisocyanate Hardener), By Application (Coating, Ink, Binder, Injection Molding, Other) And By Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030-report

Global Polyisocyanate Hardener Market by Type (TDI Polyisocyanate Hardener, HDI Polyisocyanate Hardener), By Application (Coating, Ink, Binder, Injection Molding, Other) And By Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030

Report ID: 145086 3300 Chemical & Material 377 231 Pages 4.8 (50)

Market Overview:

The global polyisocyanate hardener market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for coatings, inks, binders, and injection molding applications across the globe. In addition, rising awareness about energy-efficient and environment-friendly products is also propelling the demand for polyisocyanate hardeners globally. Based on type, TDI polyisocyanate hardener held a major share of the global market in 2017. This can be attributed to its high reactivity and compatibility with a wide range of substrates.

Global Polyisocyanate Hardener Industry Outlook

Product Definition:

Polyisocyanate hardener is an important component of polyurethane coatings. It speeds up the curing process and increases the hardness and durability of the coating.

TDI Polyisocyanate Hardener:

TDI polyisocyanate hardener is a polymerization product used for the production of flexible polyurethane elastomers. It helps in increasing the flexibility and toughness of elastomers by enhancing their resistance to temperature, wear & tear along with providing high strength. TDI has been gaining importance in recent years owing to its ability to be easily processed at low cost and high productivity as compared to conventional materials such as polyester resins or natural rubber.

HDI Polyisocyanate Hardener:

HDI Polyisocyanate hardener is a polymerization product used for the production of polyisocyanate (PIR). PIR is an important thermoplastic elastomer that can be utilized in numerous end-use industries. The demand for HDI Polyisocyanate hardener has been increasing over the past few years on account of its rising application in PIR manufacturing.

The growth of major end-use industries such as construction, automotive.

Application Insights:

Injection molding was the largest application segment in terms of volume and revenue in 2017. The product is used for hardening and strengthening polyurethane (PU) resins, which are primarily utilized for manufacturing injection molded components. Injection molding is widely used to manufacture automotive parts, household appliances, medical devices, sporting goods equipment and other industrial products.

The coating segment held a significant share of the global market volume in 2017 due to extensive usage of polyisocyanate based coatings on metal surfaces such as aluminum alloys & steel. These coatings provide protection from oxidation & corrosion by enhancing the adhesion between protective layer & substrate thereby increasing durability of coated surface. Other applications include binders and printing ink where high chemical resistance is required along with enhanced printability over other conventional plastics like PIR or PVC that are used traditionally as binder materials.

Regional Analysis:

Asia Pacific was the leading regional market in 2017 and is expected to continue its dominance over the forecast period. The growth of this region can be attributed to rising product demand from various application segments, including coating, ink, binder and injection molding. China is one of the largest consumers of polyisocyanates across Asia Pacific owing to easy availability of raw materials coupled with low manufacturing cost as compared to other countries in the world.

North America accounted for a significant share in global polyisocyanate hardener industry due to growing demand for biodegradable products from several end-use industries such as construction & engineering, automotive etc., which are taking into consideration green building codes that mandate sustainable construction practices worldwide. Europe also held a considerable share due to high consumption levels coupled with presence of stringent regulations on VOC emissions from chemical manufacturers that affect product penetration in North America and Asia Pacific regions respectively.

Growth Factors:

  • Increasing demand for polyurethane coatings in the automotive and construction industries
  • Growing demand for rigid foam insulation in the construction industry
  • Rising use of polyisocyanate hardeners in composites manufacturing
  • Increasing application scope of polyisocyanate hardeners in adhesives and sealants formulations
  • Growing popularity of low-VOC and waterborne coatings

Scope Of The Report

Report Attributes

Report Details

Report Title

Polyisocyanate Hardener Market Research Report

By Type

TDI Polyisocyanate Hardener, HDI Polyisocyanate Hardener

By Application

Coating, Ink, Binder, Injection Molding, Other

By Companies

Covestro AG, Wanhua, Bayer, BASF, Asahi Kasei, NPU, Tosoh Specialty Chemicals, Guangzhou Guanzhi New Material Technology, AEKYUNG Chemical

Regions Covered

North America, Europe, APAC, Latin America, MEA

Base Year


Historical Year

2019 to 2020 (Data from 2010 can be provided as per availability)

Forecast Year


Number of Pages


Number of Tables & Figures


Customization Available

Yes, the report can be customized as per your need.

Global Polyisocyanate Hardener Market Report Segments:

The global Polyisocyanate Hardener market is segmented on the basis of:


TDI Polyisocyanate Hardener, HDI Polyisocyanate Hardener

The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.


Coating, Ink, Binder, Injection Molding, Other

The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.

Some of the companies that are profiled in this report are:

  1. Covestro AG
  2. Wanhua
  3. Bayer
  4. BASF
  5. Asahi Kasei
  6. NPU
  7. Tosoh Specialty Chemicals
  8. Guangzhou Guanzhi New Material Technology
  9. AEKYUNG Chemical

Global Polyisocyanate Hardener Market Overview

Highlights of The Polyisocyanate Hardener Market Report:

  1. The market structure and projections for the coming years.
  2. Drivers, restraints, opportunities, and current trends of market.
  3. Historical data and forecast.
  4. Estimations for the forecast period 2030.
  5. Developments and trends in the market.
  6. By Type:

    1. TDI Polyisocyanate Hardener
    2. HDI Polyisocyanate Hardener
  1. By Application:

    1. Coating
    2. Ink
    3. Binder
    4. Injection Molding
    5. Other
  1. Market scenario by region, sub-region, and country.
  2. Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
  3. Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
  4. Government Policies, Macro & Micro economic factors are also included in the report.

We have studied the Polyisocyanate Hardener Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.

Regional Analysis

  • North America
  • Europe
  • Asia Pacific
  • Middle East & Africa
  • Latin America

Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.

The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.

How you may use our products:

  • Correctly Positioning New Products
  • Market Entry Strategies
  • Business Expansion Strategies
  • Consumer Insights
  • Understanding Competition Scenario
  • Product & Brand Management
  • Channel & Customer Management
  • Identifying Appropriate Advertising Appeals

Global Polyisocyanate Hardener Market Statistics

8 Reasons to Buy This Report

  1. Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
  2. Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
  3. Implemented Robust Methodology to Prepare the Report
  4. Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
  5. Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
  6. Provides Information About the Top-winning Strategies Implemented by Industry Players.
  7. In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
  8. Customization of the Report Available

Frequently Asked Questions?

A polyisocyanate hardener is a chemical compound that helps to form the cross-linked network of polyurethanes. This network provides resistance to water and other chemicals, making the material more durable.

Some of the major players in the polyisocyanate hardener market are Covestro AG, Wanhua, Bayer, BASF, Asahi Kasei, NPU, Tosoh Specialty Chemicals, Guangzhou Guanzhi New Material Technology, AEKYUNG Chemical.

1. Executive Summary

2. Assumptions and Acronyms Used

3. Research Methodology

4. Polyisocyanate Hardener Market Overview
   4.1. Introduction
      4.1.1. Market Taxonomy
      4.1.2. Market Definition
   4.2. Macro-Economic Factors
      4.2.1. Industry Outlook
   4.3. Polyisocyanate Hardener Market Dynamics
      4.3.1. Market Drivers
      4.3.2. Market Restraints
      4.3.3. Opportunity
      4.3.4. Market Trends
   4.4. Polyisocyanate Hardener Market - Supply Chain
   4.5. Global Polyisocyanate Hardener Market Forecast
      4.5.1. Polyisocyanate Hardener Market Size (US$ Mn) and Y-o-Y Growth
      4.5.2. Polyisocyanate Hardener Market Size (000’ Units) and Y-o-Y Growth
      4.5.3. Polyisocyanate Hardener Market Absolute $ Opportunity

5. Global Polyisocyanate Hardener Market Analysis and Forecast by Type
   5.1. Market Trends
   5.2. Introduction
      5.2.1. Basis Point Share (BPS) Analysis by Type
      5.2.2. Y-o-Y Growth Projections by Type
   5.3. Polyisocyanate Hardener Market Size and Volume Forecast by Type
      5.3.1. TDI Polyisocyanate Hardener
      5.3.2. HDI Polyisocyanate Hardener
   5.4. Absolute $ Opportunity Assessment by Type
   5.5. Market Attractiveness/Growth Potential Analysis by Type

6. Global Polyisocyanate Hardener Market Analysis and Forecast by Application
   6.1. Market Trends
   6.2. Introduction
      6.2.1. Basis Point Share (BPS) Analysis by Application
      6.2.2. Y-o-Y Growth Projections by Application
   6.3. Polyisocyanate Hardener Market Size and Volume Forecast by Application
      6.3.1. Coating
      6.3.2. Ink
      6.3.3. Binder
      6.3.4. Injection Molding
      6.3.5. Other
   6.4. Absolute $ Opportunity Assessment by Application
   6.5. Market Attractiveness/Growth Potential Analysis by Application

7. Global Polyisocyanate Hardener Market Analysis and Forecast by Sales Channel
   7.1. Market Trends
   7.2. Introduction
      7.2.1. Basis Point Share (BPS) Analysis by Sales Channel 
      7.2.2. Y-o-Y Growth Projections by Sales Channel
   7.3. Polyisocyanate Hardener Market Size and Volume Forecast by Sales Channel 
      7.3.1. Manufacturer/Distributor/Service Provider
      7.3.2. Aftermarket
   7.4. Absolute $ Opportunity Assessment by Sales Channel
   7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel

8. Global Polyisocyanate Hardener Market Analysis and Forecast by Region
   8.1. Market Trends
   8.2. Introduction
      8.2.1. Basis Point Share (BPS) Analysis by Region
      8.2.2. Y-o-Y Growth Projections by Region
   8.3. Polyisocyanate Hardener Market Size and Volume Forecast by Region
      8.3.1. North America
      8.3.2. Latin America
      8.3.3. Europe
      8.3.4. Asia Pacific
      8.3.5. Middle East and Africa (MEA)
   8.4. Absolute $ Opportunity Assessment by Region
   8.5. Market Attractiveness/Growth Potential Analysis by Region
   8.6. Global Polyisocyanate Hardener Demand Share Forecast, 2019-2026

9. North America Polyisocyanate Hardener Market Analysis and Forecast
   9.1. Introduction
      9.1.1. Basis Point Share (BPS) Analysis by Country
      9.1.2. Y-o-Y Growth Projections by Country
   9.2. North America Polyisocyanate Hardener Market Size and Volume Forecast by Country
      9.2.1. U.S.
      9.2.2. Canada
   9.3. Absolute $ Opportunity Assessment by Country
   9.4. North America Polyisocyanate Hardener Market Size and Volume Forecast by Application
      9.4.1. Coating
      9.4.2. Ink
      9.4.3. Binder
      9.4.4. Injection Molding
      9.4.5. Other
   9.5. Basis Point Share (BPS) Analysis by Application
   9.6. Y-o-Y Growth Projections by Application
   9.7. North America Polyisocyanate Hardener Market Size and Volume Forecast by Type
      9.7.1. TDI Polyisocyanate Hardener
      9.7.2. HDI Polyisocyanate Hardener
   9.8. Basis Point Share (BPS) Analysis by Type
   9.9. Y-o-Y Growth Projections by Type
   9.10. Market Attractiveness/Growth Potential Analysis
      9.10.1. By Country
      9.10.2. By Product Type
      9.10.3. By Application
      9.10.4. By Sales Channel
   9.11. North America Polyisocyanate Hardener Demand Share Forecast, 2019-2026

10. Latin America Polyisocyanate Hardener Market Analysis and Forecast
   10.1. Introduction
      10.1.1. Basis Point Share (BPS) Analysis by Country
      10.1.2. Y-o-Y Growth Projections by Country
      10.1.3. Latin America Average Pricing Analysis
   10.2. Latin America Polyisocyanate Hardener Market Size and Volume Forecast by Country
      10.2.1. Brazil
      10.2.2. Mexico
      10.2.3. Rest of Latin America
   10.3. Absolute $ Opportunity Assessment by Country
   10.4. Latin America Polyisocyanate Hardener Market Size and Volume Forecast by Application
      10.4.1. Coating
      10.4.2. Ink
      10.4.3. Binder
      10.4.4. Injection Molding
      10.4.5. Other
   10.5. Basis Point Share (BPS) Analysis by Application
   10.6. Y-o-Y Growth Projections by Application
   10.7. Latin America Polyisocyanate Hardener Market Size and Volume Forecast by Type
      10.7.1. TDI Polyisocyanate Hardener
      10.7.2. HDI Polyisocyanate Hardener
   10.8. Basis Point Share (BPS) Analysis by Type
   10.9. Y-o-Y Growth Projections by Type
   10.10. Market Attractiveness/Growth Potential Analysis
      10.10.1. By Country
      10.10.2. By Product Type
      10.10.3. By Application
      10.10.4. By Sales Channel
   10.11. Latin America Polyisocyanate Hardener Demand Share Forecast, 2019-2026

11. Europe Polyisocyanate Hardener Market Analysis and Forecast
   11.1. Introduction
      11.1.1. Basis Point Share (BPS) Analysis by Country
      11.1.2. Y-o-Y Growth Projections by Country
      11.1.3. Europe Average Pricing Analysis
   11.2. Europe Polyisocyanate Hardener Market Size and Volume Forecast by Country
      11.2.1. Germany
      11.2.2. France
      11.2.3. Italy
      11.2.4. U.K.
      11.2.5. Spain
      11.2.6. Russia
      11.2.7. Rest of Europe
   11.3. Absolute $ Opportunity Assessment by Country
   11.4. Europe Polyisocyanate Hardener Market Size and Volume Forecast by Application
      11.4.1. Coating
      11.4.2. Ink
      11.4.3. Binder
      11.4.4. Injection Molding
      11.4.5. Other
   11.5. Basis Point Share (BPS) Analysis by Application
   11.6. Y-o-Y Growth Projections by Application
   11.7. Europe Polyisocyanate Hardener Market Size and Volume Forecast by Type
      11.7.1. TDI Polyisocyanate Hardener
      11.7.2. HDI Polyisocyanate Hardener
   11.8. Basis Point Share (BPS) Analysis by Type
   11.9. Y-o-Y Growth Projections by Type
   11.10. Market Attractiveness/Growth Potential Analysis
      11.10.1. By Country
      11.10.2. By Product Type
      11.10.3. By Application
      11.10.4. By Sales Channel
   11.11. Europe Polyisocyanate Hardener Demand Share, 2019-2026

12. Asia Pacific Polyisocyanate Hardener Market Analysis and Forecast
   12.1. Introduction
      12.1.1. Basis Point Share (BPS) Analysis by Country
      12.1.2. Y-o-Y Growth Projections by Country
      12.1.3. Asia Pacific Average Pricing Analysis
   12.2. Asia Pacific Polyisocyanate Hardener Market Size and Volume Forecast by Country
      12.2.1. China
      12.2.2. Japan
      12.2.3. South Korea
      12.2.4. India
      12.2.5. Australia
      12.2.6. Rest of Asia Pacific (APAC)
   12.3. Absolute $ Opportunity Assessment by Country
   12.4. Asia Pacific Polyisocyanate Hardener Market Size and Volume Forecast by Application
      12.4.1. Coating
      12.4.2. Ink
      12.4.3. Binder
      12.4.4. Injection Molding
      12.4.5. Other
   12.5. Basis Point Share (BPS) Analysis by Application
   12.6. Y-o-Y Growth Projections by Application
   12.7. Asia Pacific Polyisocyanate Hardener Market Size and Volume Forecast by Type
      12.7.1. TDI Polyisocyanate Hardener
      12.7.2. HDI Polyisocyanate Hardener
   12.8. Basis Point Share (BPS) Analysis by Type
   12.9. Y-o-Y Growth Projections by Type
   12.10. Market Attractiveness/Growth Potential Analysis
      12.10.1. By Country
      12.10.2. By Product Type
      12.10.3. By Application
      12.10.4. By Sales Channel
   12.11. Asia Pacific Polyisocyanate Hardener Demand Share, 2019-2026

13. Middle East & Africa Polyisocyanate Hardener Market Analysis and Forecast
   13.1. Introduction
      13.1.1. Basis Point Share (BPS) Analysis by Country
      13.1.2. Y-o-Y Growth Projections by Country
      13.1.3. Asia Pacific Average Pricing Analysis
   13.2. Middle East & Africa Polyisocyanate Hardener Market Size and Volume Forecast by Country
      13.2.1. Saudi Arabia
      13.2.2. South Africa
      13.2.3. UAE
      13.2.4. Rest of Middle East & Africa (MEA)
   13.3. Absolute $ Opportunity Assessment by Country
   13.4. Middle East & Africa Polyisocyanate Hardener Market Size and Volume Forecast by Application
      13.4.1. Coating
      13.4.2. Ink
      13.4.3. Binder
      13.4.4. Injection Molding
      13.4.5. Other
   13.5. Basis Point Share (BPS) Analysis by Application
   13.6. Y-o-Y Growth Projections by Application
   13.7. Middle East & Africa Polyisocyanate Hardener Market Size and Volume Forecast by Type
      13.7.1. TDI Polyisocyanate Hardener
      13.7.2. HDI Polyisocyanate Hardener
   13.8. Basis Point Share (BPS) Analysis by Type
   13.9. Y-o-Y Growth Projections by Type
   13.10. Market Attractiveness/Growth Potential Analysis
      13.10.1. By Country
      13.10.2. By Product Type
      13.10.3. By Application
      13.10.4. By Sales Channel
   13.11. Middle East & Africa Polyisocyanate Hardener Demand Share, 2019-2026

14. Competition Landscape
   14.1. Global Polyisocyanate Hardener Market: Market Share Analysis
   14.2. Polyisocyanate Hardener Distributors and Customers
   14.3. Polyisocyanate Hardener Market: Competitive Dashboard
   14.4. Company Profiles (Details – Overview, Financials, Developments, Strategy) 
      14.4.1. Covestro AG Overview Financials Developments Strategic Outlook
      14.4.2. Wanhua Overview Financials Developments Strategic Outlook
      14.4.3. Bayer Overview Financials Developments Strategic Outlook
      14.4.4. BASF Overview Financials Developments Strategic Outlook
      14.4.5. Asahi Kasei Overview Financials Developments Strategic Outlook
      14.4.6. NPU Overview Financials Developments Strategic Outlook
      14.4.7. Tosoh Specialty Chemicals Overview Financials Developments Strategic Outlook
      14.4.8. Guangzhou Guanzhi New Material Technology Overview Financials Developments Strategic Outlook
      14.4.9. AEKYUNG Chemical Overview Financials Developments Strategic Outlook
      14.4.10. COMPANY 10 Overview Financials Developments Strategic Outlook
      14.4.11. COMPANY 11 Overview Financials Developments Strategic Outlook
      14.4.12. COMPANY 12 Overview Financials Developments Strategic Outlook
      14.4.13. COMPANY 13 Overview Financials Developments Strategic Outlook
      14.4.14. COMPANY 14 Overview Financials Developments Strategic Outlook
      14.4.15. COMPANY 15 Overview Financials Developments Strategic Outlook
      14.4.16. COMPANY 16 Overview Financials Developments Strategic Outlook
      14.4.17. COMPANY 17 Overview Financials Developments Strategic Outlook
      14.4.18. COMPANY 18 Overview Financials Developments Strategic Outlook
      14.4.19. COMPANY 19 Overview Financials Developments Strategic Outlook
      14.4.20. COMPANY 20 Overview Financials Developments Strategic Outlook

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