Press release
Isosorbide Market Expected to Achieve US$ 1,577.75 Million by 2032, Growing at 7.8% CAGR During 2024-2032
The global Isosorbide Market was valued at USD 703.47 million in 2023. Looking forward, the market is projected to grow to USD 1,577.75 million by 2032, exhibiting a compound annual growth rate (CAGR) of 9.4% over the forecast period from 2024 to 2032. The aggressive growth of the commodity demand from pharmaceuticals and cosmetic zones and a speedily proliferating bioplastic industry worldwide are the primary factors propelling the market forward. Besides, growing pervasiveness for usage in elastomers and polymers is amongst the prominent notable elements spurring the market growth.๐๐ฑ๐ฉ๐๐ซ๐ข๐๐ง๐๐ ๐๐ฎ๐ซ ๐๐ฑ๐๐ฅ๐ฎ๐ฌ๐ข๐ฏ๐ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐๐ฉ๐จ๐ซ๐ญ ๐๐จ๐๐๐ฒ: https://www.polarismarketresearch.com/industry-analysis/isosorbide-market/request-for-sample
Isosorbide is a plant starch-acquired bicyclic diol with profound functionality for the gamut of applications in the coating, packaging, sealants, adhesives, elastomers, and automotive sectors. Starch from yearly renewable raw material is hydrolysed to make glucose, which is then transformed into sorbitol and eventually isosorbide by hydrogenation.
๐๐จ๐ฆ๐ฉ๐๐ญ๐ข๐ญ๐ข๐จ๐ง ๐๐๐ญ๐๐ ๐จ๐ซ๐ข๐ณ๐๐ญ๐ข๐จ๐ง
Prominent market players are funding massively in research and development so as to augment their commodity lines, which will assist the isosorbide market growth even more.
๐๐๐ฒ ๐๐จ๐ฆ๐ฉ๐๐ง๐ข๐๐ฌ ๐๐ซ๐ ๐ฆ๐๐ง๐ญ๐ข๐จ๐ง๐๐ ๐๐๐ฅ๐จ๐ฐ:
โข J&K Scientific,
โข Jinan Hongbaifeng Industry
โข Manus Aktteva Biopharma
โข Par Pharmaceutical
โข Samyang Biopharmaceuticals Corporation
โข Roquette Freres
โข Vitas M Chemical
โข Fintech Industry
โข BioCrick Biotech
โข Mitsubishi Chemical
โข Merck,
โข TCI Chemicals
โข ApexBio Technology
โข Oakwood Products
๐๐๐๐๐ฌ๐ฌ ๐๐ฎ๐ซ ๐๐ซ๐๐ฆ๐ข๐ฎ๐ฆ ๐๐๐ฉ๐จ๐ซ๐ญ ๐๐จ๐ซ ๐๐ฑ๐๐ฅ๐ฎ๐ฌ๐ข๐ฏ๐ ๐๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ: https://www.polarismarketresearch.com/buy/2024/2
As a viable plant-dependent raw material with a carbon footprint of only 0.09 kg CO2/kg of commodity, isosorbide is an alluring instrument for monomers such as bisphenol A, which has a carbon footprint 60 times soaring. PET is a copolyester of ethylene glycol and terephthalic acid, both of which are fundamentally petrochemical raw materials.
But, restoring a few of the ethylene glycol with isosorbide can generate polyethylene co-isosorbide terephthalate (PEIT). Relying on the expanse of isosorbide substitution, PEIT is either semi-crystalline or formless. Both kinds of polymers have captivating attributes for inventive packaging, and both are recyclable and reusable.
๐๐๐ ๐ข๐จ๐ง๐๐ฅ ๐๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ
โข With escalating government directives to decrease VOC matter in paints and coatings and initiate a dependent sector targeted at prolonged economic development, North America is expected to experience significant growth. Besides, the speedy upswing in demand for automobiles with the surfacing of industrial advancement is expected to ignite the demand for the market.
โข The isosorbide industry in the Asia Pacific exhibits robust growth and invention. Prominent trends in the region involve simplified access to raw materials, inexpensive labor, and sizeable augmentation of several end-use industries. As such, Asia Pacific emerged as the largest region in 2022.
๐๐๐ญ ๐๐จ๐ฎ๐ซ ๐๐๐ง๐๐ฌ ๐จ๐ง ๐ญ๐ก๐ ๐๐ง๐ญ๐ข๐ซ๐ ๐๐จ๐ฆ๐ฉ๐ซ๐๐ก๐๐ง๐ฌ๐ข๐ฏ๐ ๐๐๐ฉ๐จ๐ซ๐ญ ๐๐จ๐ฐ: https://www.polarismarketresearch.com/industry-analysis/isosorbide-market
๐๐ง๐ง๐จ๐ฏ๐๐ญ๐ข๐จ๐ง๐ฌ ๐ข๐ง ๐๐ก๐๐ซ๐ฆ๐๐๐๐ฎ๐ญ๐ข๐๐๐ฅ ๐ ๐จ๐ซ๐ฆ๐ฎ๐ฅ๐๐ญ๐ข๐จ๐ง๐ฌ:
Isosorbide has garnered attention in the pharmaceutical industry for its potential therapeutic applications. It is utilized in the synthesis of novel drug molecules, particularly in cardiovascular drugs and drug delivery systems. Isosorbide-based derivatives exhibit promising properties such as improved solubility, bioavailability, and controlled release, enhancing their efficacy in drug formulations. With ongoing research and development activities, the pharmaceutical segment is poised to emerge as a significant revenue contributor to the isosorbide market.
๐๐ก๐๐ฅ๐ฅ๐๐ง๐ ๐๐ฌ ๐๐ง๐ ๐๐ฉ๐ฉ๐จ๐ซ๐ญ๐ฎ๐ง๐ข๐ญ๐ข๐๐ฌ:
Despite its promising prospects, the isosorbide market faces certain challenges, including high production costs, limited availability of raw materials, and competition from established alternatives. However, ongoing technological advancements and investments in process optimization are expected to mitigate these challenges and unlock new growth opportunities. Moreover, the increasing consumer awareness regarding sustainable products and the shift towards bio-based materials present favorable conditions for market expansion.
๐๐ฑ๐ฉ๐ฅ๐จ๐ซ๐ ๐๐ฎ๐ซ ๐๐จ๐ฉ ๐๐๐ฉ๐จ๐ซ๐ญ๐ฌ
๐๐ฎ๐๐ซ๐ข๐๐๐ง๐ญ ๐๐๐๐ข๐ญ๐ข๐ฏ๐๐ฌ ๐๐๐ซ๐ค๐๐ญ: https://www.polarismarketresearch.com/industry-analysis/lubricant-additives-market
๐๐๐๐ฅ๐๐ญ ๐๐จ๐๐ญ๐ข๐ง๐ ๐ฌ ๐๐๐ซ๐ค๐๐ญ: https://www.polarismarketresearch.com/industry-analysis/tablet-coatings-market
๐๐จ๐๐ข๐ฎ๐ฆ ๐๐ก๐ฅ๐จ๐ซ๐ข๐ญ๐ ๐๐๐ซ๐ค๐๐ญ: https://www.polarismarketresearch.com/industry-analysis/sodium-chlorite-market
๐๐๐ฅ๐๐ข๐ฎ๐ฆ ๐๐๐ซ๐๐จ๐ง๐๐ญ๐ ๐๐๐ซ๐ค๐๐ญ: https://www.polarismarketresearch.com/industry-analysis/calcium-carbonate-market
๐๐ข๐ง๐๐ซ๐ฅ๐๐ฌ๐ฌ ๐๐๐๐๐ฅ๐ฌ ๐๐๐ซ๐ค๐๐ญ: https://www.polarismarketresearch.com/industry-analysis/linerless-labels-market
๐๐จ๐ง๐ญ๐๐๐ญ ๐๐ง๐๐จ:
Polaris Market Research
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Email: sales@polarismarketresearch.com
๐๐๐จ๐ฎ๐ญ ๐๐ฌ
Polaris Market Research is a worldwide market research and consulting organization. We give unmatched nature of offering to our customers present all around the globe across industry verticals. Polaris Market Research has expertise in giving deep-dive market insight along with market intelligence to our customers spread crosswise over various undertakings. We at Polaris are obliged to serve our different client base present over the enterprises of medicinal services, healthcare, innovation, next-gen technologies, semi-conductors, chemicals, automotive, and aerospace & defence, among different ventures present globally.
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