Latest Update: Impact of current COVID-19 situation has been considered in this report while making the analysis.
Global Propyl Isocyanate Market by Type (Pharmaceutical Grade, Reagent Grade), By Application (Chemical Reagents, Pharmaceutical Intermediates, Other) And By Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030-report

Global Propyl Isocyanate Market by Type (Pharmaceutical Grade, Reagent Grade), By Application (Chemical Reagents, Pharmaceutical Intermediates, Other) And By Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030

Report ID: 138954 3300 Chemical & Material 377 243 Pages 4.9 (37)

Market Overview:

The global propyl isocyanate 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 propyl isocyanate in various applications such as chemical reagents, pharmaceutical intermediates, and other applications. In terms of type, the pharmaceutical grade segment is expected to hold a major share of the global propyl isocyanate market during the forecast period. This can be attributed to its growing demand from various end-use industries such as pharmaceuticals and agrochemicals.

Global Propyl Isocyanate Industry Outlook

Product Definition:

Propyl isocyanate is an organic compound with the formula CH3CH2NCO. It is a colorless liquid that smells strongly of vinegar. It can be produced by the reaction of propylene oxide with ammonia.

Pharmaceutical Grade:

Pharmaceutical grade propyl isocyanate (PIP) is a colorless and highly flammable liquid. It has a strong odor similar to that of paint thinner. This product finds application in the pharmaceutical industry for the production of drugs such as analgesic tablets, anti-inflammatory creams, and cough syrups among others. PIP also finds application in various industries including paints & coatings, printing ink, rubber products manufacturing and chemical processing among others.

Reagent Grade:

Reagent grade is a high purity form of the product. It has been characterized by thin layer chromatography using silica gel as an adsorbent and eluting agent. The product has also been characterized by gas chromatography-mass spectrometry and infrared (IR) spectroscopy.

Application Insights:

The other application segment includes construction, adhesives and sealants, coatings, inks and printing ink. Chemical intermediates are the major application segment of the global propyl isocyanate market. The chemical intermediates include alkyl polyethers ureas (PURs), alkyl phenols ureas (APUs), dialkylamines alcohols (DALs) and di-isocyanates. Propyl isocyanate has high demand as a chemical intermediate for producing several chemicals such as pharmaceutical grade ingredients, plasticizers for polyvinyl chloride & polyurethane foams among others.

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 increasing production of propyl isocyanate in China, India, and Taiwan. Furthermore, growing pharmaceutical industry coupled with rapid industrialization in emerging countries such as China and India will drive product demand further.

The Asia Pacific market was followed by Europe which accounted for a share of more than 20% in 2017 owing to high consumption propyl isocyanate across major end-use industries including chemical manufacturing, pharmaceuticals & medicines processing etc. In addition, presence of key manufacturers such as BASF SE; Bayer AG; Monsanto Company; Novozymes A/S; Clariant International Ltd.; Evonik Industries AG; Toray Industries Inc.; among others will augment the regional product demand over the forecast period.

North America emerged as one of the prominent consumers due to presence major players such as Chevron Phillips Chemical Co.

Growth Factors:

  • Increasing demand from end-use industries such as construction, automotive and furniture owing to its properties such as low toxicity, non-flammability and good solubility in organic solvents.
  • Rising awareness about the benefits of propyl isocyanate over other substitutes in various end-use applications.
  • Growing investments by key market players in research and development activities to develop new products and applications for propyl isocyanate.
  • Expansion of production capacities by key manufacturers to cater to the increasing demand from global markets.

Scope Of The Report

Report Attributes

Report Details

Report Title

Propyl Isocyanate Market Research Report

By Type

Pharmaceutical Grade, Reagent Grade

By Application

Chemical Reagents, Pharmaceutical Intermediates, Other

By Companies

TCI Japan, Alfa Chemistry, Anvia Chemicals, Acros Organics, 3B Scientific, Waterstone Technology, J & K Scientific, Shanghai Hanhong Scientific, Cheng Du Micxy Chemical, Nanjing Vital Chemical, Shandong XiYa Chemical Industry

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 Propyl Isocyanate Market Report Segments:

The global Propyl Isocyanate market is segmented on the basis of:


Pharmaceutical Grade, Reagent Grade

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.


Chemical Reagents, Pharmaceutical Intermediates, 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. TCI Japan
  2. Alfa Chemistry
  3. Anvia Chemicals
  4. Acros Organics
  5. 3B Scientific
  6. Waterstone Technology
  7. J & K Scientific
  8. Shanghai Hanhong Scientific
  9. Cheng Du Micxy Chemical
  10. Nanjing Vital Chemical
  11. Shandong XiYa Chemical Industry

Global Propyl Isocyanate Market Overview

Highlights of The Propyl Isocyanate 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. Pharmaceutical Grade
    2. Reagent Grade
  1. By Application:

    1. Chemical Reagents
    2. Pharmaceutical Intermediates
    3. 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 Propyl Isocyanate 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 Propyl Isocyanate 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?

Propyl isocyanate is a chemical compound with the formula C3H8N2O. It is a colorless, volatile liquid that has a strong odor. Propyl isocyanate is used in manufacturing polyurethanes and other plastics.

Some of the major players in the propyl isocyanate market are TCI Japan, Alfa Chemistry, Anvia Chemicals, Acros Organics, 3B Scientific, Waterstone Technology, J & K Scientific, Shanghai Hanhong Scientific, Cheng Du Micxy Chemical, Nanjing Vital Chemical, Shandong XiYa Chemical Industry.

The propyl isocyanate market is expected to grow at a compound annual growth rate of 5.5%.

1. Executive Summary

2. Assumptions and Acronyms Used

3. Research Methodology

4. Propyl Isocyanate 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. Propyl Isocyanate Market Dynamics
      4.3.1. Market Drivers
      4.3.2. Market Restraints
      4.3.3. Opportunity
      4.3.4. Market Trends
   4.4. Propyl Isocyanate Market - Supply Chain
   4.5. Global Propyl Isocyanate Market Forecast
      4.5.1. Propyl Isocyanate Market Size (US$ Mn) and Y-o-Y Growth
      4.5.2. Propyl Isocyanate Market Size (000’ Units) and Y-o-Y Growth
      4.5.3. Propyl Isocyanate Market Absolute $ Opportunity

5. Global Propyl Isocyanate 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. Propyl Isocyanate Market Size and Volume Forecast by Type
      5.3.1. Pharmaceutical Grade
      5.3.2. Reagent Grade
   5.4. Absolute $ Opportunity Assessment by Type
   5.5. Market Attractiveness/Growth Potential Analysis by Type

6. Global Propyl Isocyanate 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. Propyl Isocyanate Market Size and Volume Forecast by Application
      6.3.1. Chemical Reagents
      6.3.2. Pharmaceutical Intermediates
      6.3.3. Other
   6.4. Absolute $ Opportunity Assessment by Application
   6.5. Market Attractiveness/Growth Potential Analysis by Application

7. Global Propyl Isocyanate 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. Propyl Isocyanate 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 Propyl Isocyanate 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. Propyl Isocyanate 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 Propyl Isocyanate Demand Share Forecast, 2019-2029

9. North America Propyl Isocyanate 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 Propyl Isocyanate 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 Propyl Isocyanate Market Size and Volume Forecast by Application
      9.4.1. Chemical Reagents
      9.4.2. Pharmaceutical Intermediates
      9.4.3. Other
   9.5. Basis Point Share (BPS) Analysis by Application
   9.6. Y-o-Y Growth Projections by Application
   9.7. North America Propyl Isocyanate Market Size and Volume Forecast by Type
      9.7.1. Pharmaceutical Grade
      9.7.2. Reagent Grade
   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 Propyl Isocyanate Demand Share Forecast, 2019-2029

10. Latin America Propyl Isocyanate 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 Propyl Isocyanate 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 Propyl Isocyanate Market Size and Volume Forecast by Application
      10.4.1. Chemical Reagents
      10.4.2. Pharmaceutical Intermediates
      10.4.3. Other
   10.5. Basis Point Share (BPS) Analysis by Application
   10.6. Y-o-Y Growth Projections by Application
   10.7. Latin America Propyl Isocyanate Market Size and Volume Forecast by Type
      10.7.1. Pharmaceutical Grade
      10.7.2. Reagent Grade
   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 Propyl Isocyanate Demand Share Forecast, 2019-2029

11. Europe Propyl Isocyanate 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 Propyl Isocyanate 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 Propyl Isocyanate Market Size and Volume Forecast by Application
      11.4.1. Chemical Reagents
      11.4.2. Pharmaceutical Intermediates
      11.4.3. Other
   11.5. Basis Point Share (BPS) Analysis by Application
   11.6. Y-o-Y Growth Projections by Application
   11.7. Europe Propyl Isocyanate Market Size and Volume Forecast by Type
      11.7.1. Pharmaceutical Grade
      11.7.2. Reagent Grade
   11.8. Basis Point Share (BPS) Analysis by Type
   11.9. Y-o-Y Growth Projections by Type
   11.10. Market Attractiveness/Growth Potential Anaysis
      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 Propyl Isocyanate Demand Share, 2019-2029

12. Asia Pacific Propyl Isocyanate 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 Propyl Isocyanate 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 Propyl Isocyanate Market Size and Volume Forecast by Application
      12.4.1. Chemical Reagents
      12.4.2. Pharmaceutical Intermediates
      12.4.3. Other
   12.5. Basis Point Share (BPS) Analysis by Application
   12.6. Y-o-Y Growth Projections by Application
   12.7. Asia Pacific Propyl Isocyanate Market Size and Volume Forecast by Type
      12.7.1. Pharmaceutical Grade
      12.7.2. Reagent Grade
   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 Propyl Isocyanate Demand Share, 2019-2029

13. Middle East & Africa Propyl Isocyanate 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 Propyl Isocyanate 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 Propyl Isocyanate Market Size and Volume Forecast by Application
      13.4.1. Chemical Reagents
      13.4.2. Pharmaceutical Intermediates
      13.4.3. Other
   13.5. Basis Point Share (BPS) Analysis by Application
   13.6. Y-o-Y Growth Projections by Application
   13.7. Middle East & Africa Propyl Isocyanate Market Size and Volume Forecast by Type
      13.7.1. Pharmaceutical Grade
      13.7.2. Reagent Grade
   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 Propyl Isocyanate Demand Share, 2019-2029

14. Competition Landscape
   14.1. Global Propyl Isocyanate Market: Market Share Analysis
   14.2. Propyl Isocyanate Distributors and Customers
   14.3. Propyl Isocyanate Market: Competitive Dashboard
   14.4. Company Profiles (Details – Overview, Financials, Developments, Strategy) 
      14.4.1. TCI Japan Overview Financials Developments Strategic Outlook
      14.4.2. Alfa Chemistry Overview Financials Developments Strategic Outlook
      14.4.3. Anvia Chemicals Overview Financials Developments Strategic Outlook
      14.4.4. Acros Organics Overview Financials Developments Strategic Outlook
      14.4.5. 3B Scientific Overview Financials Developments Strategic Outlook
      14.4.6. Waterstone Technology Overview Financials Developments Strategic Outlook
      14.4.7. J & K Scientific Overview Financials Developments Strategic Outlook
      14.4.8. Shanghai Hanhong Scientific Overview Financials Developments Strategic Outlook
      14.4.9. Cheng Du Micxy Chemical Overview Financials Developments Strategic Outlook
      14.4.10. Nanjing Vital Chemical Overview Financials Developments Strategic Outlook
      14.4.11. Shandong XiYa Chemical Industry 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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