PUBLISHER: QYResearch | PRODUCT CODE: 1862240
PUBLISHER: QYResearch | PRODUCT CODE: 1862240
The global market for Blocked Isocyanate was estimated to be worth US$ 335 million in 2024 and is forecast to a readjusted size of US$ 479 million by 2031 with a CAGR of 5.7% during the forecast period 2025-2031.
This report provides a comprehensive assessment of recent tariff adjustments and international strategic countermeasures on Blocked Isocyanate cross-border industrial footprints, capital allocation patterns, regional economic interdependencies, and supply chain reconfigurations.
In 2024, global blocked isocyanate production reached approximately 26,385 tons, with an average global market price of around US$ 12,715 per ton. Blocked isocyanate refers to a compound prepared by blocking a blocked group of isocyanate groups (-NCO) by a deblocking reaction that cannot be carried out at a lower temperature. This compound does not undergo polymerization at room temperature, but at a certain temperature and other conditions, the isocyanate groups in the blocked polyurethane can be regenerated, and a crosslinking reaction occurs to form a thermosetting polyurethane. The isocyanate group is blocked by reacting an isocyanate or a prepolymer containing a free isocyanate group with some active hydrogen-containing substance or a substance capable of reacting with an isocyanate group, so that the free isocyanate group is not reactive at normal temperature, that is, isocyanate is achieved. The base is closed. This blocking reaction is a reversible reaction under certain conditions, so that the blocked isocyanate group can function again.
Overall, the global blocked isocyanate market is expected to maintain steady growth, with high concentration in the international market. Domestic enterprises are gradually enhancing their competitiveness through technological innovation, product diversification, and expansion into downstream applications. Looking ahead, environmental regulations, increasing demand for high-performance downstream applications, and strong R&D capabilities will remain the key drivers of market expansion. In the global competitive landscape, companies that can balance product performance, environmental compliance, and cost efficiency will hold a clear advantage.
By product type, solvent-based blocked isocyanates remain dominant, with their market share projected to reach 56% by 2031. This dominance is largely due to their ease of application, formulation flexibility, and widespread use in industrial coatings, wood coatings, and automotive finishing. Waterborne blocked isocyanates are experiencing rapid growth, driven by stricter environmental regulations and increasing demand for low-VOC solutions. Their advantages of low emissions and eco-friendliness are making them the preferred choice for high-end automotive coatings and architectural coatings. Powder-based blocked isocyanates perform exceptionally well in powder coatings, offering high solid content, excellent chemical resistance, and uniform film thickness, making them particularly suitable for durable finishes in automotive chassis, home appliance exteriors, and electronic housings. Overall, the penetration of powder and waterborne systems is rising quickly and will become the main growth drivers over the next five years.
In terms of applications, coatings remain the largest downstream market for blocked isocyanates, accounting for around 74% of the market in 2024, indicating continued strong demand from the coatings sector. Adhesives and composites are also seeing rapid growth, particularly in automotive structural adhesives, electronic encapsulation, and high-performance composite materials, where the superior properties of blocked isocyanates are increasingly recognized. Meanwhile, the development of low-free isocyanate technology and fast-curing systems has supported the adoption of high-performance waterborne and powder coatings, as well as high-end industrial adhesives. On the production side, companies are optimizing their global manufacturing networks to balance cost efficiency with responsiveness, with the fast-growing Chinese market attracting more international investment and partnerships.
From an industry environment perspective, the growth of blocked isocyanates is driven by both favorable factors and challenges. On one hand, increasingly stringent environmental regulations, VOC emission controls, low-toxicity requirements, and construction safety standards encourage downstream companies to prefer safe, environmentally friendly, and low-VOC blocked isocyanate products, which provides sustained momentum for technological upgrades and product innovation. On the other hand, the performance demands of downstream applications such as coatings, adhesives, and industrial uses in automotive and wood sectors-including weather resistance, adhesion, chemical resistance, and ease of application-drive continuous investment in R&D, formulation optimization, and process improvement. However, raw material price fluctuations, rising production costs, and intensified competition may pressure profitability, especially for small and medium-sized domestic companies facing challenges in R&D investment and capacity expansion.
In terms of future trends, the industry will feature accelerated adoption of low-VOC and eco-friendly products, parallel growth of solvent-based and waterborne products, increasing demand from coatings and high-performance industrial applications, and production strategies focusing on cost optimization and localized manufacturing.
This report aims to provide a comprehensive presentation of the global market for Blocked Isocyanate, focusing on the total sales volume, sales revenue, price, key companies market share and ranking, together with an analysis of Blocked Isocyanate by region & country, by Type, and by Application.
The Blocked Isocyanate market size, estimations, and forecasts are provided in terms of sales volume (MT) and sales revenue ($ millions), considering 2024 as the base year, with history and forecast data for the period from 2020 to 2031. With both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Blocked Isocyanate.
Market Segmentation
By Company
Segment by Type
Segment by Application
By Region
Chapter Outline
Chapter 1: Introduces the report scope of the report, global total market size (value, volume and price). This chapter also provides the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 2: Detailed analysis of Blocked Isocyanate manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 4: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 5: Sales, revenue of Blocked Isocyanate in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the market development, future development prospects, market space, and market size of each country in the world.
Chapter 6: Sales, revenue of Blocked Isocyanate in country level. It provides sigmate data by Type, and by Application for each country/region.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Conclusion.