Isosorbide Market by Consumption Volume, Growing Trend and Growth Forecast 2021-2026| ADM, Alfa Aesar (Thermo Fisher Scientific Inc.), Cargill Incorporated

Latest research on Isosorbide Market report covers forecast and analysis on a worldwide, regional and country level. The study provides historical information of 2016-2021 together with a forecast from 2021 to 2026 supported by both volume and revenue (USD million). The entire study covers the key drivers and restraints for the Isosorbide market. this report included a special section on the Impact of COVID19. Also, Isosorbide Market (By major Key Players, By Types, By Applications, and Leading Regions) Segment’s outlook, Business assessment, Competition scenario and Trends. The report also gives 360-degree overview of the competitive landscape of the Isosorbide industry.

Isosorbide Market is growing at a CAGR of 8% during the forecast period (2021-2026).

The Isosorbide market is highly competitive and consists of a number of major players. Top Companies like ADM, Alfa Aesar (Thermo Fisher Scientific Inc.), Cargill Incorporated, Ecogreen Oleochemicals GmbH, J P Laboratories Pvt. Ltd, J&K Scientific Ltd, Jinan Hongbaifeng Industry & Trade Co. Ltd, Mitsubishi Chemical Corporation., NOVAPHENE, Par Pharmaceutical, Roquette Frres, TCI Chemicals (India) Pvt. Ltd

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Regional Analysis:

Furthermore, to broaden the understanding, researchers have studied the global Isosorbide market from a geographical point of view, considering the potential regions and countries. The regional analysis will assist the market players in making sound decisions regarding their future investments.

Isosorbide Market report includes the following geographic areas such as North America, Europe, China, Japan, Southeast Asia, India and ROW.

Scope of the Report

- The growing trend of bio-based products, such as bioplastics, is expected to offer various lucrative opportunities for the growth of the market.

- By end-user industry, the polymer and resin segment is expected to dominate the market, owing to the increasing demand from industries, like electrical, electronic, medical devices, and automotive.

- Asia-Pacific dominated the market across the world, with the largest consumption from countries, such as China and India.

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Key Market Trends

Increasing Demand from the Polymer and Resins Segment

- Isosorbide is a white heterocyclic chemical compound from the group of diols, containing two fused furan rings. It is mainly derived by catalytic hydrogenation of glucose.

- The growing demand for polymers and resins to manufacture products for various applications in medical, electronic gadgets, and the automotive industry is increasing the demand for isosorbide and propelling its growth.

- Isosorbide is eco-friendly and non-toxic in nature, as it is produced from raw materials, like starch obtained from maize, wheat, rice, and other crops containing starch. Thus, it is widely used to manufacture biopolymers like polyesters and polycarbonates.

- Isosorbide bis-glycidyl ether is formed by reacting isosorbide with epichlorohydrin, which is crosslinked to thermosetting epoxy resins with suitable curing agents, such as polyamines or cyclic acid anhydrides. These resins find applications as adhesives and paints and coatings of food cans, thus increasing the demand for isosorbide and propelling its growth.

Asia-Pacific to Dominate the Market

- Asia-Pacific is expected to dominate the market for isosorbide during the forecast period. In countries, like China and India, owing to the increasing demand for bio-plastics due to low raw material and labor costs, the demand for isosorbide has been increasing in the region.

- The growing demand for bio-based polymers, like polyethylene isosorbide terephthalate (PIET), polycarbonate, and polyurethane made from isosorbide, is anticipated to drive the isosorbide market in the region during the forecast period.

What are the market factors that are explained in the report?

–Key Strategic Developments: The study also includes the key strategic developments of the market, comprising R&D, new product launch, M&A, agreements, collaborations, partnerships, joint ventures, and regional growth of the leading competitors operating in the market on a global and regional scale.

–Key Market Features: The report evaluated key market features, including revenue, price, capacity, capacity utilization rate, gross, production, production rate, consumption, import/export, supply/demand, cost, market share, CAGR, and gross margin. In addition, the study offers a comprehensive study of the key market dynamics and their latest trends, along with pertinent market segments and sub-segments.

–Analytical Tools: Isosorbide Market report includes the accurately studied and assessed data of the key industry players and their scope in the market by means of a number of analytical tools. The analytical tools such as Porter’s five forces analysis, feasibility study, and investment return analysis have been used to analyzed the growth of the key players operating in the market. 

The research includes historic data from 2015 to 2020 and forecasts until 2026 which makes the reports an invaluable resource for industry executives, marketing, sales and product managers, consultants, analysts, and other people looking for key industry data in readily accessible documents with clearly presented tables and graphs.

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