| Product Code: ETC5689883 | Publication Date: Nov 2023 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Sumit Sagar | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
The isocyanate import shipments in El Salvador continued to show robust growth in 2024, with top exporting countries being the USA, Germany, China, South Korea, and Singapore. The market remained highly concentrated with a high Herfindahl-Hirschman Index (HHI) indicating strong market dominance. The compound annual growth rate (CAGR) from 2020 to 2024 was impressive at 10.98%, while the growth rate from 2023 to 2024 stood at 2.82%, reflecting a steady upward trajectory in demand for isocyanate imports in the country.

The isocyanate market in El Salvador is primarily driven by the growing demand for polyurethane-based products in industries such as automotive, construction, and packaging. Isocyanates are essential raw materials for the production of polyurethane foams, adhesives, coatings, and elastomers. The expanding construction sector, coupled with the rise in demand for energy-efficient insulation materials, is propelling the demand for isocyanates. As industries in El Salvador increasingly turn to polyurethane solutions for their durability and insulating properties, the market for isocyanates continues to grow.
The isocyanate market in El Salvador is expanding as demand for polyurethane-based products rises. Isocyanates are essential raw materials in the production of polyurethane foams, coatings, adhesives, and elastomers. The construction, automotive, and furniture industries are significant consumers of isocyanates, where they are used for insulation materials, seat cushions, and various coatings. The growth in industrialization and urbanization, along with the rising demand for energy-efficient buildings and vehicles, is driving the market for isocyanates. Environmental concerns and regulations are also influencing the development of low-emission alternatives in the isocyanate market.
The isocyanate markets in El Salvador are constrained by high costs due to dependency on imported raw materials and strict environmental regulations. Safety concerns related to isocyanates, which are hazardous, require stringent handling and storage protocols, adding to operational costs and reducing market accessibility for smaller businesses.
El Salvadors isocyanate market benefits from government policies promoting growth in the construction and automotive sectors. Isocyanates are used in producing polyurethane products, essential in insulation, furniture, and automotive applications. Policies that encourage investment in infrastructure and support domestic manufacturing drive demand for isocyanates, aligning with the governments industrial growth objectives.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 El Salvador Isocyanate Market Overview |
3.1 El Salvador Country Macro Economic Indicators |
3.2 El Salvador Isocyanate Market Revenues & Volume, 2021 & 2031F |
3.3 El Salvador Isocyanate Market - Industry Life Cycle |
3.4 El Salvador Isocyanate Market - Porter's Five Forces |
3.5 El Salvador Isocyanate Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 El Salvador Isocyanate Market Revenues & Volume Share, By &Application, 2021 & 2031F |
4 El Salvador Isocyanate Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growth in construction industry leading to increased demand for polyurethane products |
4.2.2 Rising automotive production driving demand for isocyanates in coatings and adhesives |
4.2.3 Increasing awareness and adoption of sustainable and energy-efficient materials |
4.3 Market Restraints |
4.3.1 Fluctuating raw material prices impacting production costs |
4.3.2 Stringent regulations regarding environmental and health impacts of isocyanates |
4.3.3 Competition from alternative materials such as bio-based or waterborne coatings |
5 El Salvador Isocyanate Market Trends |
6 El Salvador Isocyanate Market Segmentations |
6.1 El Salvador Isocyanate Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 El Salvador Isocyanate Market Revenues & Volume, By MDI, 2021-2031F |
6.1.3 El Salvador Isocyanate Market Revenues & Volume, By TDI, 2021-2031F |
6.1.4 El Salvador Isocyanate Market Revenues & Volume, By Aliphatic, 2021-2031F |
6.1.5 El Salvador Isocyanate Market Revenues & Volume, By Others, 2021-2031F |
6.2 El Salvador Isocyanate Market, By &Application |
6.2.1 Overview and Analysis |
6.2.2 El Salvador Isocyanate Market Revenues & Volume, By Rigid Foam, 2021-2031F |
6.2.3 El Salvador Isocyanate Market Revenues & Volume, By Flexible Foam, 2021-2031F |
6.2.4 El Salvador Isocyanate Market Revenues & Volume, By Paints & Coatings, 2021-2031F |
6.2.5 El Salvador Isocyanate Market Revenues & Volume, By Adhesive & Sealants, 2021-2031F |
6.2.6 El Salvador Isocyanate Market Revenues & Volume, By Elastomers & Binders, 2021-2031F |
7 El Salvador Isocyanate Market Import-Export Trade Statistics |
7.1 El Salvador Isocyanate Market Export to Major Countries |
7.2 El Salvador Isocyanate Market Imports from Major Countries |
8 El Salvador Isocyanate Market Key Performance Indicators |
8.1 Percentage increase in demand for polyurethane products in construction sector |
8.2 Number of new automotive models using isocyanates in El Salvador |
8.3 Adoption rate of sustainable isocyanate products in the market |
9 El Salvador Isocyanate Market - Opportunity Assessment |
9.1 El Salvador Isocyanate Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 El Salvador Isocyanate Market Opportunity Assessment, By &Application, 2021 & 2031F |
10 El Salvador Isocyanate Market - Competitive Landscape |
10.1 El Salvador Isocyanate Market Revenue Share, By Companies, 2024 |
10.2 El Salvador Isocyanate Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |