Isocyanates Market Size 2021 Industry Share, Global Trend, Development Growth, Upcoming Demand, Regional Outlook till 2027
Overview The global Isocyanates market, during the forecast period 2018-2023, will register growth at a CAGR of 7.03%. The market for isocyanates is set to reach US$37,906.6 million by 2023. As per market analysts, the global market is anticipated to witness growth owing to the factors such as tremendous growth across end-use industries as well as emerging economies. However, the market will face challenges and restraints due to market slowdown and poor economic conditions during the forecast period 2018-2023. Rising consciousness about the environment in the market is set to play a key role in determining the growth potential during 2018-2023 years. Analysts have also studied the isocyanates market to understand potential threats and challenges the market companies could face. Although the market is poised to grow at a fast pace across application, end-use industry, and type segments, factors such as economic slowdown across different countries could slow down the isocyanates ma