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.
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
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
243
Number of Tables & Figures
171
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:
Types
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.
Applications
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:
- 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
Highlights of The Propyl Isocyanate Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Pharmaceutical Grade
- Reagent Grade
- By Application:
- Chemical Reagents
- Pharmaceutical Intermediates
- Other
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- 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
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- 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
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Alfa Chemistry
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Anvia Chemicals
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Acros Organics
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. 3B Scientific
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Waterstone Technology
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. J & K Scientific
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Shanghai Hanhong Scientific
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Cheng Du Micxy Chemical
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Nanjing Vital Chemical
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Shandong XiYa Chemical Industry
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
