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Isophorone Diisocyanate (IPDI) Market Size, Share Global Outlook and Forecast 2023-2029

Writer's picture: krish mundekrish munde

The global Isophorone Diisocyanate (IPDI) market was valued at US$ 751.1 million in 2022 and is projected to reach US$ 939.9 million by 2029, at a CAGR of 3.3% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.


Isophorone diisocyanate (IPDI) is an intermediate chemical used to produce IPDI-based products (i.e., polyisocyanates, polyurethane dispersions) that are primarily used in certain polyurethane coatings. These IPDI-based products are used by industrial customers to manufacture various coatings for automobiles, flooring, roofing, machinery, and textile applications. They are also used in cast elastomers, adhesives, sealants, and as cross linkers for powder coatings.


This report aims to provide a comprehensive presentation of the global market for Isophorone Diisocyanate (IPDI), 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 Isophorone Diisocyanate (IPDI). This report contains market size and forecasts of Isophorone Diisocyanate (IPDI) in global, including the following market information:




  • Global Isophorone Diisocyanate (IPDI) Market Revenue, 2018-2023, 2024-2029, ($ millions)

  • Global Isophorone Diisocyanate (IPDI) Market Sales, 2018-2023, 2024-2029, (MT)

  • Global top five Isophorone Diisocyanate (IPDI) companies in 2022 (%)


Global Isophorone Diisocyanate (IPDI) key players include Evonik, Vencorex, Wanhua Chemical, Covestro (Bayer), etc. Global top four manufacturers hold a share about 95%.

Europe is the largest market, with a share about 65%, followed by China, and USA, both have a share about 35 percent.

In terms of application, the largest application is Coatings and Inks, followed by Elastomers, Adhesives and Sealants, etc.

We surveyed the Isophorone Diisocyanate (IPDI) manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.

Total Market by Segment:


Global Isophorone Diisocyanate (IPDI) Market, by Type, 2018-2023, 2024-2029 ($ Millions) & (MT)

Global Isophorone Diisocyanate (IPDI) Market Segment Percentages, by Type, 2022 (%)


  • Guaranteed Reagent

  • Analytical Reagent

  • Chemically Pure


Global Isophorone Diisocyanate (IPDI) Market, by Application, 2018-2023, 2024-2029 ($ Millions) & (MT)

Global Isophorone Diisocyanate (IPDI) Market Segment Percentages, by Application, 2022 (%)


  • Coatings and Inks

  • Adhesives and Sealants

  • Elastomers

  • Other


Global Isophorone Diisocyanate (IPDI) Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions) & (MT)

Global Isophorone Diisocyanate (IPDI) Market Segment Percentages, By Region and Country, 2022 (%)


  • North America

  • US

  • Canada

  • Mexico

  • Europe

  • Germany

  • France

  • U.K.

  • Italy

  • Russia

  • Nordic Countries

  • Benelux

  • Rest of Europe

  • Asia

  • China

  • Japan

  • South Korea

  • Southeast Asia

  • India

  • Rest of Asia

  • South America

  • Brazil

  • Argentina

  • Rest of South America

  • Middle East & Africa

  • Turkey

  • Israel

  • Saudi Arabia

  • UAE

  • Rest of Middle East & Africa

Competitor Analysis


The report also provides analysis of leading market participants including:


  • Key companies Isophorone Diisocyanate (IPDI) revenues in global market, 2018-2023 (Estimated), ($ millions)

  • Key companies Isophorone Diisocyanate (IPDI) revenues share in global market, 2022 (%)

  • Key companies Isophorone Diisocyanate (IPDI) sales in global market, 2018-2023 (Estimated), (MT)

  • Key companies Isophorone Diisocyanate (IPDI) sales share in global market, 2022 (%)

key players include:


  • Covestro (Bayer)

  • Evonik

  • Vencorex

  • Wanhua Chemical

  • BASF


Outline of Major Chapters:

Chapter 1: Introduces the definition of Isophorone Diisocyanate (IPDI), market overview.

Chapter 2: Global Isophorone Diisocyanate (IPDI) market size in revenue and volume.

Chapter 3: Detailed analysis of Isophorone Diisocyanate (IPDI) manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.

Chapter 4: 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 5: 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 6: Sales of Isophorone Diisocyanate (IPDI) in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.

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: Global Isophorone Diisocyanate (IPDI) capacity by region & country.

Chapter 9: Introduces 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 10: Analysis of industrial chain, including the upstream and downstream of the industry.

Chapter 11: The main points and conclusions of the report.


Table of content

1 Introduction to Research & Analysis Reports 1.1 Isophorone Diisocyanate (IPDI) Market Definition 1.2 Market Segments 1.2.1 Market by Type 1.2.2 Market by Application 1.3 Global Isophorone Diisocyanate (IPDI) Market Overview 1.4 Features & Benefits of This Report 1.5 Methodology & Sources of Information 1.5.1 Research Methodology 1.5.2 Research Process 1.5.3 Base Year 1.5.4 Report Assumptions & Caveats 2 Global Isophorone Diisocyanate (IPDI) Overall Market Size 2.1 Global Isophorone Diisocyanate (IPDI) Market Size: 2022 VS 2029 2.2 Global Isophorone Diisocyanate (IPDI) Revenue, Prospects & Forecasts: 2018-2029 2.3 Global Isophorone Diisocyanate (IPDI) Sales: 2018-2029 3 Company Landscape 3.1 Top Isophorone Diisocyanate (IPDI) Players in Global Market 3.2 Top Global Isophorone Diisocyanate (IPDI) Companies Ranked by Revenue 3.3 Global Isophorone Diisocyanate (IPDI) Revenue by Companies 3.4 Global Isophorone Diisocyanate (IPDI) Sales by Companies 3.5 Global Isophorone Diisocyanate (IPDI) Price by Manufacturer (2018-2023) 3.6 Top 3 and Top 5 Isophorone Diisocyanate (IPDI) Companies in Global Market, by Revenue in 2022 3.7 Global Manufacturers Isophorone Diisocyanate (IPDI) Product Type 3.8 Tier 1, Tier 2 and Tier 3 Isophorone Diisocyanate (IPDI) Players in Global Market 3.8.1 List of Global Tier 1 Isophorone Diisocyanate (IPDI) Compani

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