Global Isosorbide Market Set for 9.4% CAGR Growth, Projected to Reach USD 1,577.75 million in 2032

𝐈𝐬𝐨𝐬𝐨𝐫𝐛𝐢𝐝𝐞 𝐌𝐚𝐫𝐤𝐞𝐭:

The global isosorbide market was valued at USD 703.47 million in 2023 and is projected to expand at a CAGR of 9.4% over the forecast period and grow from USD 767.83 million in 2024 to USD 1,577.75 million in 2032.

𝐌𝐚𝐫𝐤𝐞𝐭 𝐈𝐧𝐭𝐫𝐨𝐝𝐮𝐜𝐭𝐢𝐨𝐧

Isosorbide is a bicyclic compound belonging to the diol group and oxygen-containing heterocycles comprising two fused furan rings. Isosorbide is a crystalline, white, strongly hydrophilic solid compound. Isosorbide is described as a plant-derived platform chemical that can yield biodegradable derivatives with diverse functionalities. Esterification of isosorbide with fatty acids produces isosorbide monoesters, which are beneficial as surfactants in household cleaners, dishwashing liquids, and cosmetic formulations due to their properties. Isosorbide ethers are being utilized more frequently as a sustainable solvent in cosmetic and pharmaceutical formulations, as an electrolyte for Li-ion batteries, and as an additive for diesel fuel. Isosorbide's phosphoric acid derivatives are being investigated as a sustainable substitute for halogen-based flame retardants.

𝐆𝐞𝐭 𝐄𝐱𝐜𝐥𝐮𝐬𝐢𝐯𝐞 𝐒𝐚𝐦𝐩𝐥𝐞 𝐏𝐚𝐠𝐞𝐬 𝐨𝐟 𝐓𝐡𝐢𝐬 𝐑𝐞𝐩𝐨𝐫𝐭:
https://www.polarismarketresearch.com/industry-analysis/isosorbide-market/request-for-sample

𝐆𝐫𝐨𝐰𝐭𝐡 𝐃𝐫𝐢𝐯𝐞𝐫𝐬

• The rapid advancement in the creation of novel technologies within the polymer and biotechnology industries by utilizing various eco-friendly materials is a primary factor propelling the expansion of the global market.
• The growth of the construction sector, particularly in developing nations, is driving the demand for the isosorbide market.
• The significantly increasing application of isosorbide in various end-user sectors, such as polyethylene, polycarbonate, polyurethane, and polyester succinate, is boosting market demand.
• The increasing array of government initiatives and regulatory backing from several leading nations worldwide are contributing to the growth of the isosorbide market.

𝐊𝐞𝐲 𝐏𝐥𝐚𝐲𝐞𝐫𝐬 𝐢𝐧 𝐌𝐚𝐫𝐤𝐞𝐭:

• J&K Scientific Ltd.
• Jinan Hongbaifeng Industry & Trade Co. Ltd.
• Manus Aktteva Biopharma LLP
• Par Pharmaceutical
• Samyang Biopharmaceuticals Corporation Inc.
• Roquette Freres
• Vitas M Chemical Limited
• Fintech Industry Limited
• BioCrick Biotech
• Thermo Fisher Scientific
• Mitsubishi Chemical Corporation
• Merck KGaA
• TCI Chemicals
• ApexBio Technology
• Oakwood Products Inc

𝐈𝐧𝐪𝐮𝐢𝐫𝐞 𝐦𝐨𝐫𝐞 𝐚𝐛𝐨𝐮𝐭 𝐭𝐡𝐢𝐬 𝐑𝐞𝐩𝐨𝐫𝐭 𝐁𝐞𝐟𝐨𝐫𝐞 𝐏𝐮𝐫𝐜𝐡𝐚𝐬𝐞:
https://www.polarismarketresearch.com/industry-analysis/isosorbide-market/inquire-before-buying

𝐈𝐬𝐨𝐬𝐨𝐫𝐛𝐢𝐝𝐞 𝐌𝐚𝐫𝐤𝐞𝐭 𝐑𝐞𝐩𝐨𝐫𝐭 𝐇𝐢𝐠𝐡𝐥𝐢𝐠𝐡𝐭𝐬

• The polyethylene isosorbide terephthalate segment accounted for a considerable global market share in 2021, mainly driven by the high adoption of the product in manufacturing various applications.
• Resins & polymers segment dominated the global market in 2022, which is highly accelerated by increasing penetration across various industries, including the bio-based refinery industry.
• North America region is projected to grow at the fastest growth rate during the forecast period, owing to increased government regulations and awareness towards reducing volatile organic compounds.

𝐑𝐞𝐠𝐢𝐨𝐧𝐚𝐥 𝐀𝐧𝐚𝐥𝐲𝐬𝐢𝐬

In 2022, Asia Pacific dominated the global market for isosorbide by maintaining a strong market share due to the ease of access to essential raw materials, low labor costs, and the significant growth of various end-use industries.

𝐄𝐱𝐩𝐥𝐨𝐫𝐞 𝐓𝐡𝐞 𝐂𝐨𝐦𝐩𝐥𝐞𝐭𝐞 𝐑𝐞𝐩𝐨𝐫𝐭:
https://www.polarismarketresearch.com/industry-analysis/isosorbide-market

TOC:

𝟏. 𝐆𝐥𝐨𝐛𝐚𝐥 𝐈𝐬𝐨𝐬𝐨𝐫𝐛𝐢𝐝𝐞 𝐌𝐚𝐫𝐤𝐞𝐭 𝐈𝐧𝐬𝐢𝐠𝐡𝐭𝐬
1. Isosorbide Market - Industry Snapshot
2. Isosorbide Market Dynamics
1. Drivers and Opportunities
1. Increasing consumption of isosorbide in various end-use industries
2. Rising demand for isosorbide as renewable building blocks
2. Restraints and Challenges
1. Challenging production process of isosorbide
3. Porter's Five Forces Analysis
1. Bargaining Power of Suppliers (Moderate)
2. Threats of New Entrants: (Low)
3. Bargaining Power of Buyers (Moderate)
4. Threat of Substitute (Moderate)
5. Rivalry among existing firms (High)
4. PESTLE Analysis
5. Isosorbide Industry trends
6. Value Chain Analysis
7. COVID-19 Impact Analysis

𝟐. 𝐆𝐥𝐨𝐛𝐚𝐥 𝐈𝐬𝐨𝐬𝐨𝐫𝐛𝐢𝐝𝐞 𝐌𝐚𝐫𝐤𝐞𝐭, 𝐛𝐲 𝐄𝐧𝐝-𝐔𝐬𝐞
1. Key Findings
2. Introduction
1. Global Isosorbide, by End-Use, 2019-2032 (USD Million)
3. Resins & Polymers
1. Global Isosorbide Market, by Resins & Polymers, by Region, 2019-2032 (USD Million)
4. Additives
1. Global Isosorbide Market, by Additives, by Region, 2019-2032 (USD Million)
5. Others
1. Global Isosorbide Market, by Others, by Region, 2019-2032 (USD Million)

𝟑. 𝐆𝐥𝐨𝐛𝐚𝐥 𝐈𝐬𝐨𝐬𝐨𝐫𝐛𝐢𝐝𝐞 𝐌𝐚𝐫𝐤𝐞𝐭, 𝐛𝐲 𝐀𝐩𝐩𝐥𝐢𝐜𝐚𝐭𝐢𝐨𝐧
1. Key Findings
2. Introduction
1. Global Isosorbide Market, by Application, 2019-2032 (USD Million)
3. Polyethylene Isosorbide Terephthalate
1. Global Isosorbide Market, by Polyethylene Isosorbide Terephthalate, by Region, 2019-2032 (USD Million)
4. Polycarbonate
1. Global Isosorbide Market, by Polycarbonate, by Region, 2019-2032 (USD Million)
5. Polyurethane
1. Global Isosorbide Market, by Polyurethane, by Region, 2019-2032 (USD Million)
6. Polyester Polyisosorbide Succinate
1. Global Isosorbide Market, by Polyester Polyisosorbide Succinate, by Region, 2019-2032 (USD Million)
7. Isosorbide Diesters
1. Global Isosorbide Market, by Isosorbide Diesters, by Region, 2019-2032 (USD Million)
8. Others
1. Global Isosorbide Market, by Others, by Region, 2019-2032 (USD Million)

𝐒𝐞𝐠𝐦𝐞𝐧𝐭𝐚𝐥 𝐎𝐯𝐞𝐫𝐯𝐢𝐞𝐰

• The isosorbide market is segmented based on application, end-use, and region.
• In 2022, the resins & polymers segment, based on end-use, led the global market. The expansion of this segment can be linked to the rising prevalence of products in the bio-based refinery sector, primarily for creating different types of innovative resins & polymers.
• The segment of polyethylene isosorbide terephthalate, based on application, accounted for a significant global market share in 2022 due to outstanding usage of the product in various applications within thermoplastics and packaging, including jars, bottles, and hot-fill containers.

𝐌𝐨𝐫𝐞 𝐓𝐫𝐞𝐧𝐝𝐢𝐧𝐠 𝐑𝐞𝐩𝐨𝐫𝐭𝐬 𝐛𝐲 𝐏𝐨𝐥𝐚𝐫𝐢𝐬 𝐌𝐚𝐫𝐤𝐞𝐭 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡:

Automotive Plastics Market:
https://www.polarismarketresearch.com/industry-analysis/automotive-plastics-market

Flexible Packaging Market:
https://www.polarismarketresearch.com/industry-analysis/flexible-packaging-market

Conductive Inks Market:
https://www.polarismarketresearch.com/industry-analysis/conductive-inks-market

Pectin Market:
https://www.polarismarketresearch.com/industry-analysis/pectin-market

Amines Market:
https://www.polarismarketresearch.com/industry-analysis/amines-market

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