Isosorbide Market 2022 Overview and Growth

Crystalmarketresearch.com published “Isosorbide-Global Market Status and Trend Report 2012-2022” from its database. The report reviews top companies involved and enlists all trials pertaining to the company.

The isosorbide market was evaluated around USD 271.32 million in 2014 and is anticipated to reach approximately USD 605.71 billion by the end of 2022 with a compound annual growth rate (CAGR) of 9.18% during the forecast period, owing to the growing demand for substituting fossil fuel by-products in applications like polymers, monomers, functional materials, and solvents. Isosorbide by-products such as dinitrate and mononitrate find its uses primarily in medical and pharmaceutical which is expected to augment the growth of the global market during the forecast years. Key questions answered by this report include:

Key players In Market:

 Par Pharmaceutical

  • Jinan Hongbaifeng Industry And Trade Co.
  • Ecogreen Oleochemicals
  • Roquette Freres
  • Novaphene
  • JP Laboratories
  • Mitsubishi corporation
  • SK Chemicals Co.

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Globally, Isosorbide has been consumed and produced in small amounts for a long period, but latest technological advancements in the market have been encouraging its use in an extensive variety of applications. It has application in a range of polymers like polycarbonate, polyethylene, plasticizers, and polyurethane.

The key application is copolymerization along with polyethylene terephthalate (PET) to improve the polymer strength. PEIT observes major use in beverage & food packaging. Few of the other uses involve pharmaceuticals, personal care products, and industrial solvents. In the healthcare sector, it is employed to treat angina pectoris, glaucoma, and hydrocephalus. The demand of Isosorbide for production of PEIT was around 9.2-kilo tons during 2015.

Polyurethane manufacturing was another key application that is expected to grow at a compound annual growth rate of around 9% during the forecast years. Such elevated growth can be credited to its chemical characteristics such as low polydispersity and eminent thermal stability. It can be also used in the manufacturing of biocompatible coatings and foams. Confirmed isosorbide prospective in polyurethanes and constant research along with hard work on eco-friendly alternative is likely to fuel the global isosorbide market. Further, Polyester polyisosorbide succinate is one more rising application that reported for 12% of the overall demand in the year 2015. It has application in toners, powder coatings, and ink.

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Table of Contents:

  1. Introduction
  2. Executive Summary
  3. Market Overview
  4. Isosorbide Market, By Application
  5. Isosorbide Market, By End-Use Type
  6. Isosorbide Market, By Region

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