Isocyanates Market is estimated to be US$ 46.99 billion by 2030 with a CAGR of 5.7% during the forec
Isocyanates are organic compound that contain an isocyanate group. Isocyanates market is expected to witness significant growth due to increasing demand from the construction and automotive industries. Further, isocyanates on reaction with alcohol produces polyurethane polymers that are extensively used in various end-use industries. The highly reactive chemical property is also expected to increase the demand of isocyanates in construction industry, as they used in the production of rigid foams, adhesives, elastomers, and coating.
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