PUBLISHER: Lucintel | PRODUCT CODE: 1437759
PUBLISHER: Lucintel | PRODUCT CODE: 1437759
Isosorbide Trends and Forecast
The future of the global isosorbide market looks promising with opportunities in the resin & polymer and additive markets. The global isosorbide market is expected to reach an estimated $1.0 billion by 2030 with a CAGR of 8.6% from 2024 to 2030. The major drivers for this market are rising focus on a high-quality product depending on its applications in emerging markets, increased demand for petroleum-free alternatives, as well as rising emphasis on bio-based chemicals, and the increasing demand for isosorbide bioplastic production.
A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.
Isosorbide by Segment
The study includes a forecast for the global isosorbide by application, end use, and region.
List of Isosorbide Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies isosorbide companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the isosorbide companies profiled in this report include-
Isosorbide Market Insights
Lucintel forecasts that polyethylene isosorbide terephthalate will remain the largest segment over the forecast period due to increasing product consumption in thermoplastics and packaging applications such as hot-fill containers, jars, and bottles.
APAC will remain the largest region over the forecast period due to the ease of obtaining raw materials, the low cost of labor, and the rise of end-use sectors such as pharmaceutical, personal care, nutraceutical, and cosmetics.
Features of the Global Isosorbide Market
Market Size Estimates: Isosorbide market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Isosorbide market size by application, end use, and region in terms of value ($B).
Regional Analysis: Isosorbide market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different application, end use, and regions for the isosorbide market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the isosorbide market.
Analysis of competitive intensity of the industry based on Porter's Five Forces model.
FAQ
Q1. What is the isosorbide market size?
Answer: The global isosorbide market is expected to reach an estimated $1 billion by 2030.
Q2. What is the growth forecast for isosorbide market?
Answer: The global isosorbide market is expected to grow with a CAGR of 8.6% from 2024 to 2030.
Q3. What are the major drivers influencing the growth of the isosorbide market?
Answer: The major drivers for this market are rising focus on a high-quality product depending on its applications in emerging markets, increased demand for petroleum-free alternatives, as well as rising emphasis on bio-based chemicals, and the increasing demand for isosorbide bioplastic production.
Q4. What are the major segments for isosorbide market?
Answer: The future of the global isosorbide market looks promising with opportunities in the resin & polymer and additive markets.
Q5. Who are the key isosorbide market companies?
Answer: Some of the key isosorbide companies are as follows:
Q6. Which isosorbide market segment will be the largest in future?
Answer: Lucintel forecasts that polyethylene isosorbide terephthalate will remain the largest segment over the forecast period due to increasing product consumption in thermoplastics and packaging applications such as hot-fill containers, jars, and bottles.
Q7. In isosorbide market, which region is expected to be the largest in next 5 years?
Answer: APAC will remain the largest region over the forecast period due to the ease of obtaining raw materials, the low cost of labor, and the rise of end-use sectors such as pharmaceutical, personal care, nutraceutical, and cosmetics.
Q.8 Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.