Press release
Global Isosorbide Market Expected to Witness a Sustainable Growth over 2023
Isosorbide is one kind of diol which is made by dehydrating from the sorbitol (starch derivatives). It can be used in the region of the pharmaceutical, chemical industry and so on.
So far, only a few players entered into the Isosorbide industry for the high technology obstacles. Roquette is the largest supplier for Isosorbide, which takes up more than 60% in production. As is reported, the company has expanded the capacity of about 20000 MT for Isosorbide in 2015; as a result, Roquette will reinforce its position as world leader in isosorbide. For other suppliers, Chinese corporation Jinan Yu Teng occupies the largest market share in China.
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Global Isosorbide Market: Forecast by Type / Application / Region
Isosorbide is famous for the intermediates materials or API in plastic and pharmaceuticals industry. For the strong development of relevant pharmaceuticals industry, demand of Isosorbide will be strong as well. For another, because of the high concentration of Isosorbide industy, those who cannot get sufficient supply from local companies will rely on import. As is investigated, demand growth rate of Isosorbide will be 10% in the following years.
Over the next five years, LPI(LP Information) projects that Isosorbide will register a 8.9% CAGR in terms of revenue, reach US$ 320 million by 2023, from US$ 190 million in 2017.
Global Isosorbide Market: Key Players
Roquette
SK Holdings
Ecogreen Oleochemicals
ADM
Novaphene
Yu Teng
Hongbaifeng
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Related Information:
United States Isosorbide Market Research Report 2018
Europe Isosorbide Market Research Report 2018
North America Isosorbide Market Research Report 2018
Asia-Pacific Isosorbide Market Research Report 2018
China Isosorbide Market Research Report 2018
EMEA Isosorbide Market Research Report 2018
Global Isosorbide Market Research Report 2018
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