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Isophorone Diisocyanate Pricing Report 2024: Price Trend, Chart, Market Analysis, News, Demand, Historical and Forecast Data
Report Format: PDF+Excel | Report ID: SR112024A24431
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Isophorone Diisocyanate Prices December 2023
|
Product
|
Category | Region | Price |
|---|---|---|---|
| Isophorone Diisocyanate | Chemical | China | 6,284 USD/MT |
The price of isophorone diisocyanate in China for Q4 2023 reached 6,284 USD/MT.
Isophorone Diisocyanate Price Trend, Market Analysis, and News
IMARC’s newly published report, titled “Isophorone diisocyanate Pricing Report 2024: Price Trend, Chart, Market Analysis, News, Demand, Historical and Forecast Data,” offers an in-depth analysis of isophorone diisocyanate pricing, covering an analysis of global and regional market trends and the critical factors driving these price movements.
It encompasses an in-depth review of spot price of isophorone diisocyanate at major ports, a breakdown of prices including Ex Works, FOB, and CIF, alongside a region-wise dissection of isophorone diisocyanate price trend across North America, Europe, Asia Pacific, Latin America, the Middle East and Africa.
The report examines the elements influencing isophorone diisocyanate price fluctuations, such as changes in raw material costs, supply-demand dynamics, geopolitical factors, and industry-specific developments. Additionally, it integrates the latest market news, providing stakeholders with up-to-date information on market shifts, regulatory changes, and technological advancements, thereby offering a comprehensive overview that aids in strategic decision-making and forecasting.
Isophorone Diisocyanate Market Analysis
The global isophorone diisocyanate market size reached US$ 791 Million in 2023. By 2032, IMARC Group expects the market to reach US$ 1135.62 Million, at a projected CAGR of 4.10% during 2023-2032.
- The largest use of isophorone diisocyanate (IPDI) is in the production of coatings. Due to its outstanding gloss retention, chemical resistance, and scuff and scratch resistant properties, IPDI-based polyurethane coating has been well-known over the past years. All these coatings are so common in the automotive, aerospace, and marine industries, where there is always a demand for endurance. IPDI-based coatings are also used in architecture as an architectural paint to maintain the physical appearance and protect buildings. They can work perfectly even in extreme weather conditions as such coats are suitable for both interior and outdoor use. As per the forecast of IMARC Group, the global paints and coatings market is expected to reach US$ 269 Billion by 2032.
- High-quality adhesive tapes with improved flexibility and bonding strength are produced using IPDI in the adhesives sector. These adhesives are highly necessary in all businesses producing footwear and packaging, and into construction. Materials are then able to hold up for years, surviving the various stresses and strains affecting them as a result of repeated expansion and contraction. Furthermore, the ease of processability and low emissions, as well fast curing properties, makes IPDI ideal adhesives. This, coupled with the awareness among individuals about environmental sustainability, creates a favorable market environment for crop protection chemicals, where IPDI is used.
- An important application of IPDI, where it is utilized in high-performance applications demanding greater chemical and thermal resistance, is crosslinked polyurethanes. IPDI-based applications for crosslinked polyurethanes include protective films, electronic device coatings, and heat-resistant materials. Crosslinking of these polyurethanes enhances their mechanical properties and toughness, thus ensuring that they can work in harsh situations.
- Elastomers provide a prominent application for IPDI, wherein the compound's distinct features yield noteworthy benefits. Polyurethane elastomers that are based on IPDI have exceptionally high tensile strength, elongation, and tear resistance. They are very helpful in applications like vibration dampening parts, gaskets and seals, and industrial rollers.
- The medical industry also benefits from IPDI, particularly in the production of biocompatible materials. Polyurethanes derived from IPDI are used in medical devices, wound dressings, and implants due to their biocompatibility, flexibility, and strength. These materials can be tailored to meet specific medical requirements, providing solutions that enhance patient care and outcomes. The use of IPDI in medical applications underscores its versatility and importance in developing advanced materials for healthcare.
Isophorone Diisocyanate News
The report covers the latest developments, updates, and trends impacting the global isophorone diisocyanate market, providing stakeholders with timely and relevant information. This segment covers a wide array of news items, including the inauguration of new production facilities, advancements in isophorone diisocyanate production technologies, strategic market expansions by key industry players, and significant mergers and acquisitions that impact the isophorone diisocyanate price trend.
Latest developments in the isophorone diisocyanate industry:
- November 2023: Evonik crosslinker manufacturing site in Alabama has been awarded the ISCC PLUS sustainability certification for its usage of renewable acetone in the creation of isophorone-based products.
Product Description
Isophorone diisocyanate (IPDI) is an aliphatic aciurea broadband with the six-membered ring generated from isophorone. It is a key ingredient of many polyurethane coatings used in the marine, aerospace, and automotive industries. Its superior abrasion resistance, weatherability, and gloss retention attributes also make these coatings an ideal choice for protective as well as decorative applications.
Adhesives with IPDI as the base are desirable for their very strong bond strength, flexibility, and life span. These adhesives are essential for a wide range of industrial sectors like construction, packaging, and footwear to provide high-strength bonds. Elastomers prepared with IPDI as the hardener have high tensile strength and tear resistance; their elongation can be very good. Some applications of such rubbers include the manufacture of industrial rollers, gaskets, and seals as well as vibration dampening components. IPDI is the intermediate used to make thermoplastic polyurethanes (TPUs) with flexibility, transparency, and resistance against oils and greases.
Regional Coverage
The report provides a detailed analysis of the isophorone diisocyanate market across different regions, each with unique pricing dynamics influenced by localized market conditions, supply chain intricacies, and geopolitical factors. This includes price trends, price forecast and supply and demand trends for each region, along with spot prices by major ports. The report also provides coverage of ex-works, FOB, and CIF prices, as well as the key factors influencing the isophorone diisocyanate price trend.
Global Isophorone Diisocyanate Price
The report offers a holistic view of the global isophorone diisocyanate pricing trends in the form of isophorone diisocyanate price charts, reflecting the worldwide interplay of supply-demand balances, international trade policies, and overarching economic factors that shape the market on a macro level. This comprehensive analysis not only highlights current price of isophorone diisocyanate but also provides insights into historical price trends, enabling stakeholders to understand past fluctuations and their underlying causes.
The report also delves into price forecast models, projecting future price movements based on a variety of indicators such as expected changes in supply chain dynamics, anticipated policy shifts, and emerging market trends. By examining these factors, the report equips industry participants with the necessary tools to make informed strategic decisions, manage risks, and capitalize on market opportunities. Furthermore, it includes a detailed isophorone diisocyanate demand analysis, breaking down regional variations and identifying key drivers specific to each geographic market, thus offering a nuanced understanding of the global pricing landscape.
Europe Isophorone Diisocyanate Price
European isophorone diisocyanate prices are examined, highlighting the market-specific influences in the region, such as stringent environmental regulations, the competitive landscape, and import-export imbalances that significantly affect pricing structures.
This analysis can be extended to include detailed isophorone diisocyanate price information for a comprehensive list of countries.
| Region | Countries Covered |
|---|---|
| Europe | Germany, France, United Kingdom, Italy, Spain, Russia, Turkey, Netherlands, Poland, Sweden, Belgium, Austria, Ireland, Switzerland, Norway, Denmark, Romania, Finland, Czech Republic, Portugal, and Greece, among other European countries. |
North America Isophorone Diisocyanate Price
The analysis of isophorone diisocyanate prices in North America delves into the regional industry dynamics, encompassing the impact of local production capacities and the trade flows between North America and other significant global markets.
Specific isophorone diisocyanate historical data within the United States and Canada can also be provided.
| Region | Countries Covered |
|---|---|
| North America | United States and Canada |
Middle East and Africa Isophorone Diisocyanate Price
The report explores the isophorone diisocyanate pricing trends in the Middle East and Africa, considering factors like regional industrial growth, the availability of natural resources, and geopolitical tensions that uniquely influence market prices.
In addition to region-wise data, information on isophorone diisocyanate prices for countries can also be provided.
| Region | Countries Covered |
|---|---|
| Middle East & Africa | Saudi Arabia, UAE, Israel, Iran, South Africa, Nigeria, Oman, Kuwait, Qatar, Iraq, Egypt, Algeria, and Morocco, among other Middle Eastern and African countries. |
Asia Pacific Isophorone Diisocyanate Price
The isophorone diisocyanate pricing trends in Asia Pacific are examined, reflecting the role of the region as a major global production hub and consumer market, with price dynamics heavily influenced by supply chain efficiencies, regional demand surges, and policy shifts in major economies.
This isophorone diisocyanate price analysis can be expanded to include a comprehensive list of countries within the region.
| Region | Countries Covered |
|---|---|
| Asia Pacific | China, India, Indonesia, Pakistan, Bangladesh, Japan, Philippines, Vietnam, Thailand, South Korea, Malaysia, Nepal, Taiwan, Sri Lanka, Hongkong, Singapore, Australia, and New Zealand, among other Asian countries. |
Latin America Isophorone Diisocyanate Price
The analysis of isophorone diisocyanate prices in Latin America provides a detailed overview, reflecting the unique market dynamics in the region influenced by economic policies, industrial growth, and trade frameworks.
This comprehensive review can be extended to include specific countries within the region.
| Region | Countries Covered |
|---|---|
| Latin America | Brazil, Mexico, Argentina, Columbia, Chile, Ecuador, and Peru, among other Latin American countries. |
Report Coverage
| Key Attributes | Details |
|---|---|
| Product Name | Isophorone Diisocyanate |
| Report Features | Exploration of Historical Trends and Market Outlook, Industry Demand, Industry Supply, Gap Analysis, Challenges, Isophorone diisocyanate Price Analysis, and Segment-Wise Assessment. |
| Currency/Units | US$ (Data can also be provided in local currency) or Metric Tons |
| Region/Countries Covered | The current coverage includes analysis at the global and regional levels only. Based on your requirements, we can also customize the report and provide specific information for the following countries: Asia Pacific: China, India, Indonesia, Pakistan, Bangladesh, Japan, Philippines, Vietnam, Thailand, South Korea, Malaysia, Nepal, Taiwan, Sri Lanka, Hongkong, Singapore, Australia, and New Zealand* Europe: Germany, France, United Kingdom, Italy, Spain, Russia, Turkey, Netherlands, Poland, Sweden, Belgium, Austria, Ireland, Switzerland, Norway, Denmark, Romania, Finland, Czech Republic, Portugal and Greece* North America: United States and Canada Latin America: Brazil, Mexico, Argentina, Columbia, Chile, Ecuador, and Peru* Middle East & Africa: Saudi Arabia, UAE, Israel, Iran, South Africa, Nigeria, Oman, Kuwait, Qatar, Iraq, Egypt, Algeria, and Morocco* *The list of countries presented is not exhaustive. Information on additional countries can be provided if required by the client. |
| Information Covered for Key Suppliers |
|
| Customization Scope | The report can be customized as per the requirements of the customer |
| Report Price and Purchase Option |
Plan A: Monthly Updates - Annual Subscription
Plan B: Quarterly Updates - Annual Subscription
Plan C: Biannually Updates - Annual Subscription
|
| Post-Sale Analyst Support | 360-degree analyst support after report delivery |
| Delivery Format | PDF and Excel through email (We can also provide the editable version of the report in PPT/Word format on special request) |
Key Benefits for Stakeholders:
- IMARC’s report presents a detailed analysis of isophorone diisocyanate pricing, covering global and regional trends, spot prices at key ports, and a breakdown of Ex Works, FOB, and CIF prices.
- The study examines factors affecting isophorone diisocyanate price trend, including raw material costs, supply-demand shifts, geopolitical impacts, and industry developments, offering insights for informed decision-making.
- The competitive landscape review equips stakeholders with crucial insights into the latest market news, regulatory changes, and technological advancements, ensuring a well-rounded, strategic overview for forecasting and planning.
- IMARC offers various subscription options, including monthly, quarterly, and biannual updates, allowing clients to stay informed with the latest market trends, ongoing developments, and comprehensive market insights. The isophorone diisocyanate price charts ensure our clients remain at the forefront of the industry.
Need more help?
- Speak to our experienced analysts for insights on the current market scenarios.
- Include additional segments and countries to customize the report as per your requirement.
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- For further assistance, please connect with our analysts.
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