Polyurethane Prepolymer Market Report, by Product Type (MDI-Based, TDI-Based, and Others), by Application (Coatings, Adhesives & Binders, Sealants, and Elastomers), and by Region (North America, South America, Asia Pacific, Europe, and Middle East & Africa) - Size, Share, Outlook, and Opportunity Analysis, 2022 - 2028
Polyurethane prepolymers are formed by reacting polyol components and diisocyanate, which are common to polyurethane adhesives. The most commonly isocyanate used is toluene diisocyanate (TDI) or diphenylmethane diisocyanate (MDI). The other isolates used are aliphatic and unconventional isocyanates.
Polyurethane prepolymer find its applications in coatings, adhesives & binders, sealants, elastomers, and other applications. Adhesives & Binders segment is expected to gain major traction, which in turn is expected to favor growth of the global polyurethane prepolymer market in the near future.
Market Dynamics
Among product type, MDI-based segment held largest revenue share of 65.6% in global polyurethane prepolymer market in 2021. The segment growth is driven by the extensive use of MDI in manufacturing of polyurethane prepolymer, owing to its high tensile strength and excellent tear strength properties.
Among regions, in 2021, Asia Pacific held dominant position in the global polyurethane prepolymer market and contributed revenue share of 48.1% in the global market. Factors such as growth of construction industry supported by the rising investments in the industry in emerging economies such as China and India is anticipated to drive the demand for polyurethane prepolymer in the near future. According to the India Union Budget presented during 2021-19, the government of India invested US$ 92.22 Billion for infrastructure development in the country.
Key features of the study:
This report provides in-depth analysis of global polyurethane prepolymer market and provides market size (US$ Mn & KT) and compound annual growth rate (CAGR %) for the forecast period (2022-2028), considering 2021 as the base year
It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
This study also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, regional outlook, and competitive strategy adopted by key players
It profiles key players in the global polyurethane prepolymer market based on the following parameters – company overview, financial performance, product portfolio, geographical presence, distribution strategies, key developments and strategies, and future plans
Key companies covered as a part of this study include, Covestro AG, DowDupont Inc., Huntsman Corporation, LANXESS AG, Isothane Ltd., Mitsui Chemicals Inc., Tosoh Corporation, and SAPICI S.p.A.
Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, technology up-gradation, market expansion, and marketing tactics
The global polyurethane prepolymer market report caters to various stakeholders in this industry including investors, suppliers, polyurethane prepolymer manufacturers, distributors, new entrants, and financial analysts
Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global polyurethane prepolymer market
Detailed Segmentation:
Global Polyurethane Prepolymer Market, By Product Type:
MDI-based
TDI-based
Others
Global Polyurethane Prepolymer Market, By Application:
Coatings
Adhesives & Binders
Sealants
Elastomers
Global Polyurethane Prepolymer Market, By Region:
North America
U.S.
By Product Type:
MDI-based
TDI-based
Others
By Application:
Coatings
Adhesives & Binders
Sealants
Elastomers
Canada
By Product Type:
MDI-based
TDI-based
Others
By Application:
Coatings
Adhesives & Binders
Sealants
Elastomers
Mexico
By Product Type:
MDI-based
TDI-based
Others
By Application:
Coatings
Adhesives & Binders
Sealants
Elastomers
South America
Brazil
By Product Type:
MDI-based
TDI-based
Others
By Application:
Coatings
Adhesives & Binders
Sealants
Elastomers
Argentina
By Product Type:
MDI-based
TDI-based
Others
By Application:
Coatings
Adhesives & Binders
Sealants
Elastomers
Rest of South America
By Product Type:
MDI-based
TDI-based
Others
By Application:
Coatings
Adhesives & Binders
Sealants
Elastomers
Europe
Eastern Europe
By Product Type:
MDI-based
TDI-based
Others
By Application:
Coatings
Adhesives & Binders
Sealants
Elastomers
Western Europe
By Product Type:
MDI-based
TDI-based
Others
By Application:
Coatings
Adhesives & Binders
Sealants
Elastomers
Asia Pacific
China
By Product Type:
MDI-based
TDI-based
Others
By Application:
Coatings
Adhesives & Binders
Sealants
Elastomers
India
By Product Type:
MDI-based
TDI-based
Others
By Application:
Coatings
Adhesives & Binders
Sealants
Elastomers
Japan
By Product Type:
MDI-based
TDI-based
Others
By Application:
Coatings
Adhesives & Binders
Sealants
Elastomers
South Korea
By Product Type:
MDI-based
TDI-based
Others
By Application:
Coatings
Adhesives & Binders
Sealants
Elastomers
ASEAN
By Product Type:
MDI-based
TDI-based
Others
By Application:
Coatings
Adhesives & Binders
Sealants
Elastomers
Rest of Asia Pacific
By Product Type:
MDI-based
TDI-based
Others
By Application:
Coatings
Adhesives & Binders
Sealants
Elastomers
Middle East & Africa
Middle East
By Product Type:
MDI-based
TDI-based
Others
By Application:
Coatings
Adhesives & Binders
Sealants
Elastomers
Africa
By Product Type:
MDI-based
TDI-based
Others
By Application:
Coatings
Adhesives & Binders
Sealants
Elastomers
Company Profiles
Covestro AG*
Company Overview
Product Portfolio
Financial Performance
Key Strategies
Recent Developments
Future Plans
DowDupont Inc.
Huntsman Corporation
LANXESS AG
Isothane Ltd.
Mitsui Chemicals Inc.
Tosoh Corporation
SAPICI S.p.A.
“*” marked represents similar segmentation in other categories in the respective section.
Learn how to effectively navigate the market research process to help guide your organization on the journey to success.
Download eBook