Isocyanates are a family of highly reactive, low molecular weight chemicals. Organic compounds that contain an isocyanate group are referred to as isocyanates. This is used in the development of foams, coatings and elastomers, and are increasingly used in the automobile industry. Isocyanates are also used as primers or adhesives.
The global Isocyanates Market size is expected to witness potential gains in the future, and register a significant CAGR of 5.8% over the forecast period (2019 - 2027).
Leading Companies in the Isocyanates Industry:
1) Bayer Material Science Pvt Ltd
Bayer Material Science Pvt Ltd operates as a health care firm. The Company's line of business includes the manufacturing of industrial organic chemicals. Bayer Material Science LLC is one of the leading producers of polymers and high-performance plastics in North America and is part of the global Bayer Material Science business with nearly 19,000 employees at 40 sites around the world. The company was founded in the year 2007, and the headquarters are located in Central Avenue.
2) Yantai Shanjiang Chemical Industry Material Co., Ltd
Yantai Shanjiang Chemical Industry Material Co., Ltd is a leading manufacture for blend polyether polios, and the first class distributor for Isocyanides (MDI) of Wanhua. The company was established in 2004, and the headquarters are located in South Dongin Street, Zhifu district Yantai, Shandong. Products manufactured include Polyurethane, isocyanine, polyether, polyester, catalyst, flame retardant (tcep tcpp dmmp), silicone oil, heat insulating material, equipment and accessories, other chemical materials.
3) Anderson Development Company (ADC)
Anderson Development Company (ADC) a wholly-owned subsidiary of Mitsui Chemicals, is an award-winning, innovative specialty and custom chemical manufacturer. The company provides value-added solution through research and development capabilities. The company was established in 1967, and the headquarters are located in Adrian Michigan. Products manufactured include Acrylic Resins, Urethane Elastomer Systems, Polyurethane Dispersions, Boron Compounds and others.
As of August 2021, the company has been awarded a Platinum rating for their 2021 assessment by EcoVadis, an independent 3rd party organization and the world’s most trusted provider of business sustainability ratings.
4) DOW Chemicals.
DOW Chemical Company is a multinational corporation known for its products like Chemicals, Plastics, Performance chemicals and Hydrocarbon exploration. The company in one of the three largest chemical producers in the world. DOW was founded in the year 1897 and the headquarters are located in Midland, Michigan, U.S. The company was founded by Herbert Henry DOW.
In February 2023, DOW had been named as a Top 100 Global Innovators for the 12th consecutive year by Clarivate. In March 2023 the company introduced a New FINGERPRINT grade for the Microirrigation Market.
5) Huntsman Corporation
Huntsman Corporation is a multinational manufacturer and marketer of chemical products for industrial customers. The company manufactures polyurethanes, performance products and adhesives. The company was founded in the year 1970, and the headquarters are located in the Woodlands, Texas, U.S. the company was founded by John Huntsman, Sr. The Company offers MDI formulations and systems, advanced epoxy, acrylic and polyurethane-based formulations, maleic anhydride, surfactants, amines, textile chemicals and dyes, and wide variety of other chemicals.
As of March 2023, the company won Coveted JEC Composite Innovation Award with ARALDITE 2080 and ARALDITE 2081 Adhesives.
