PUBLISHER: Polaris Market Research | PRODUCT CODE: 1259812
PUBLISHER: Polaris Market Research | PRODUCT CODE: 1259812
Isosorbide Market Share, Size, Trends, Industry Analysis Report, By Application ; By End-Use; By Region; Segment Forecast, 2023-2032
The global isosorbide market size is expected to reach USD 1,577.75 million by 2032, according to a new study by Polaris Market Research. The report "Isosorbide Market Share, Size, Trends, Industry Analysis Report, By Application (Polyethylene Isosorbide Terephthalate, Polycarbonate, Polyurethane, Polyester Polyisosorbide Succinate, Isosorbide Diesters, and Others); By End-Use; By Region; Segment Forecast, 2023-2032" gives a detailed insight into current market dynamics and provides analysis on future market growth.
Increasing demand and penetration for polymers and resins to manufacture a variety of products for numerous applications in electronics gadgets, automotive, and medical, along with the growing popularity and traction regarding its eco-friendly and non-toxic nature, as it is mainly produced from raw materials such as maize, wheat, and rice are among the prominent factors driving the market growth. Furthermore, the surge in the implementation of the expansion of construction and manufacturing facilities from BRICS economies, including Russia, China, Brazil, South Korea, and India, at lowered production costs and improved quality also creates significant growth opportunities.
For instance, in November 2022, Samyang Group announced the transition to white biotech with South Korea's first isosorbide plant, sprawling across a 23,000 square-meter footprint with an annual production capacity of 10,000 tons of isosorbide.
In the last few decades, many laws & regulations have been imposed across the globe regarding the excessive use of bio-based products and the proliferation of consuming eco-friendly materials and biotechnology in product manufacturing that has led to the early adoption of bio-based products. For example, the U.S. EPA has implemented strict laws in the country for synthetic polymers, encouraging industry players to opt for new technologies by using various eco-friendly ingredients.
Owing to its unique structure and capabilities, isosorbide can be selectively monoto-sylated, alkylated, or acetylated, as it offers or presents high rigidity concerning other flexible diols like glycols, propanediol, and butanediol, which has further resulted in higher demand and prevalence for the product.
Additionally, a wide range of isosorbide-based products are already commercialized polycarbonates, such as DURABIO, POLYSORB, and PLANEXT, among others, that show superior properties with respect to fossil-derived polymers coupled with this, biodegradable or biocompatible isosorbide polyurethanes are highly suitable for biomedical and textile applications.
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.
The global key market players include Manus Aktteva Biopharma, Mitsubishi Chemical, Merck, TCI Chemicals, ApexBio Technology, Oakwood Products, Vitas M Chemical, Samyang Biopharmaceuticals Corporation, Thermo Fisher Scientific, & J&K Scientific.
Polaris Market Research has segmented the isosorbide market report based on application, end-use, and region:
Isosorbide, Application Outlook (Revenue - USD Million, 2019 - 2032)
Polyethylene Isosorbide Terephthalate
Polycarbonate
Polyurethane
Polyester Polyisosorbide Succinate
Isosorbide Diesters
Others
Isosorbide, End-Use Outlook (Revenue - USD Million, 2019 - 2032)
Resins & Polymers
Additives
Others
Isosorbide, Regional Outlook (Revenue - USD Million, 2019 - 2032)
North America
U.S.
Canada
Europe
Germany
UK
France
Italy
Spain
Russia
Netherlands
Asia Pacific
China
India
Japan
South Korea
Indonesia
Malaysia
Latin America
Argentina
Brazil
Mexico
Middle East & Africa
UAE
Saudi Arabia
Israel
South Africa
Table of Contents
1. Introduction
- 1.1. Report Description
- 1.1.1. Objectives of the Study
- 1.1.2. Market Scope
- 1.1.3. Assumptions
- 1.2. Stakeholders
2. Executive Summary
- 2.1. Market Highlights
3. Research Methodology
- 3.1. Overview
- 3.1.1. Data Mining
- 3.2. Data Sources
- 3.2.1. Primary Sources
- 3.2.2. Secondary Sources
4. Global Isosorbide Market Insights
- 4.1. Isosorbide Market - Industry Snapshot
- 4.2. Isosorbide Market Dynamics
- 4.2.1. Drivers and Opportunities
- 4.2.1.1. Increasing consumption of isosorbide in various end-use industries
- 4.2.1.2. Rising demand for isosorbide as renewable building blocks
- 4.2.2. Restraints and Challenges
- 4.2.2.1. Challenging production process of isosorbide
- 4.2.1. Drivers and Opportunities
- 4.3. Porter's Five Forces Analysis
- 4.3.1. Bargaining Power of Suppliers (Moderate)
- 4.3.2. Threats of New Entrants: (Low)
- 4.3.3. Bargaining Power of Buyers (Moderate)
- 4.3.4. Threat of Substitute (Moderate)
- 4.3.5. Rivalry among existing firms (High)
- 4.4. PESTLE Analysis
- 4.5. Isosorbide Industry trends
- 4.6. Value Chain Analysis
- 4.7. COVID-19 Impact Analysis
5. Global Isosorbide Market, by End-Use
- 5.1. Key Findings
- 5.2. Introduction
- 5.2.1. Global Isosorbide, by End-Use, 2019-2032 (USD Million)
- 5.3. Resins & Polymers
- 5.3.1. Global Isosorbide Market, by Resins & Polymers, by Region, 2019-2032 (USD Million)
- 5.4. Additives
- 5.4.1. Global Isosorbide Market, by Additives, by Region, 2019-2032 (USD Million)
- 5.5. Others
- 5.5.1. Global Isosorbide Market, by Others, by Region, 2019-2032 (USD Million)
6. Global Isosorbide Market, by Application
- 6.1. Key Findings
- 6.2. Introduction
- 6.2.1. Global Isosorbide Market, by Application, 2019-2032 (USD Million)
- 6.3. Polyethylene Isosorbide Terephthalate
- 6.3.1. Global Isosorbide Market, by Polyethylene Isosorbide Terephthalate, by Region, 2019-2032 (USD Million)
- 6.4. Polycarbonate
- 6.4.1. Global Isosorbide Market, by Polycarbonate, by Region, 2019-2032 (USD Million)
- 6.5. Polyurethane
- 6.5.1. Global Isosorbide Market, by Polyurethane, by Region, 2019-2032 (USD Million)
- 6.6. Polyester Polyisosorbide Succinate
- 6.6.1. Global Isosorbide Market, by Polyester Polyisosorbide Succinate, by Region, 2019-2032 (USD Million)
- 6.7. Isosorbide Diesters
- 6.7.1. Global Isosorbide Market, by Isosorbide Diesters, by Region, 2019-2032 (USD Million)
- 6.8. Others
- 6.8.1. Global Isosorbide Market, by Others, by Region, 2019-2032 (USD Million)
7. Global Isosorbide Market, by Geography
- 7.1. Key findings
- 7.2. Introduction
- 7.2.1. Isosorbide Market Assessment, By Geography, 2019-2032 (USD Million)
- 7.3. Isosorbide Market - North America
- 7.3.1. North America: Isosorbide Market, by Application, 2019-2032 (USD Million)
- 7.3.2. North America: Isosorbide Market, by End-Use, 2019-2032 (USD Million)
- 7.3.3. Isosorbide Market - U.S.
- 7.3.3.1. U.S.: Isosorbide Market, by Application, 2019-2032 (USD Million)
- 7.3.3.2. U.S.: Isosorbide Market, by End-Use, 2019-2032 (USD Million)
- 7.3.4. Isosorbide Market - Canada
- 7.3.4.1. Canada: Isosorbide Market, by Application, 2019-2032 (USD Million)
- 7.3.4.2. Canada: Isosorbide Market, by End-Use, 2019-2032 (USD Million)
- 7.4. Isosorbide Market - Europe
- 7.4.1. Europe: Isosorbide Market, by Application, 2019-2032 (USD Million)
- 7.4.2. Europe: Isosorbide Market, by End-Use, 2019-2032 (USD Million)
- 7.4.3. Isosorbide Market - UK
- 7.4.3.1. UK: Isosorbide Market, by Application, 2019-2032 (USD Million)
- 7.4.3.2. UK: Isosorbide Market, by End-Use, 2019-2032 (USD Million)
- 7.4.4. Isosorbide Market - France
- 7.4.4.1. France: Isosorbide Market, by Application, 2019-2032 (USD Million)
- 7.4.4.2. France: Isosorbide Market, by End-Use, 2019-2032 (USD Million)
- 7.4.5. Isosorbide Market - Germany
- 7.4.5.1. Germany: Isosorbide Market, by Application, 2019-2032 (USD Million)
- 7.4.5.2. Germany: Isosorbide Market, by End-Use, 2019-2032 (USD Million)
- 7.4.6. Isosorbide Market - Italy
- 7.4.6.1. Italy: Isosorbide Market, by Application, 2019-2032 (USD Million)
- 7.4.6.2. Italy: Isosorbide Market, by End-Use, 2019-2032 (USD Million)
- 7.4.7. Isosorbide Market - Spain
- 7.4.7.1. Spain: Isosorbide Market, by Application, 2019-2032 (USD Million)
- 7.4.7.2. Spain: Isosorbide Market, by End-Use, 2019-2032 (USD Million)
- 7.4.8. Isosorbide Market - Netherlands
- 7.4.8.1. Netherlands: Isosorbide Market, by Application, 2019-2032 (USD Million)
- 7.4.8.2. Netherlands: Isosorbide Market, by End-Use, 2019-2032 (USD Million)
- 7.4.9. Isosorbide Market - Russia
- 7.4.9.1. Russia: Isosorbide Market, by Application, 2019-2032 (USD Million)
- 7.4.9.2. Russia: Isosorbide Market, by End-Use, 2019-2032 (USD Million)
- 7.5. Isosorbide Market - Asia Pacific
- 7.5.1. Asia Pacific: Isosorbide Market, by Application, 2019-2032 (USD Million)
- 7.5.2. Asia Pacific: Isosorbide Market, by End-Use, 2019-2032 (USD Million)
- 7.5.3. Isosorbide Market - China
- 7.5.3.1. China: Isosorbide Market, by Application, 2019-2032 (USD Million)
- 7.5.3.2. China: Isosorbide Market, by End-Use, 2019-2032 (USD Million)
- 7.5.4. Isosorbide Market - India
- 7.5.4.1. India: Isosorbide Market, by Application, 2019-2032 (USD Million)
- 7.5.4.2. India: Isosorbide Market, by End-Use, 2019-2032 (USD Million)
- 7.5.5. Isosorbide Market - Malaysia
- 7.5.5.1. Malaysia: Isosorbide Market, by Application, 2019-2032 (USD Million)
- 7.5.5.2. Malaysia: Isosorbide Market, by End-Use, 2019-2032 (USD Million)
- 7.5.6. Isosorbide Market - Japan
- 7.5.6.1. Japan: Isosorbide Market, by Application, 2019-2032 (USD Million)
- 7.5.6.2. Japan: Isosorbide Market, by End-Use, 2019-2032 (USD Million)
- 7.5.7. Isosorbide Market - Indonesia
- 7.5.7.1. Indonesia: Isosorbide Market, by Application, 2019-2032 (USD Million)
- 7.5.7.2. Indonesia: Isosorbide Market, by End-Use, 2019-2032 (USD Million)
- 7.5.8. Isosorbide Market - South Korea
- 7.5.8.1. South Korea: Isosorbide Market, by Application, 2019-2032 (USD Million)
- 7.5.8.2. South Korea: Isosorbide Market, by End-Use, 2019-2032 (USD Million)
- 7.6. Isosorbide Market - Middle East & Africa
- 7.6.1. Middle East & Africa: Isosorbide Market, by Application, 2019-2032 (USD Million)
- 7.6.2. Middle East & Africa: Isosorbide Market, by End-Use, 2019-2032 (USD Million)
- 7.6.3. Isosorbide Market - Saudi Arabia
- 7.6.3.1. Saudi Arabia: Isosorbide Market, by Application, 2019-2032 (USD Million)
- 7.6.3.2. Saudi Arabia: Isosorbide Market, by End-Use, 2019-2032 (USD Million)
- 7.6.4. Isosorbide Market - UAE
- 7.6.4.1. UAE: Isosorbide Market, by Application, 2019-2032 (USD Million)
- 7.6.4.2. UAE: Isosorbide Market, by End-Use, 2019-2032 (USD Million)
- 7.6.5. Isosorbide Market - Israel
- 7.6.5.1. Israel: Isosorbide Market, by Application, 2019-2032 (USD Million)
- 7.6.5.2. Israel: Isosorbide Market, by End-Use, 2019-2032 (USD Million)
- 7.6.6. Isosorbide Market - South Africa
- 7.6.6.1. South Africa: Isosorbide Market, by Application, 2019-2032 (USD Million)
- 7.6.6.2. South Africa: Isosorbide Market, by End-Use, 2019-2032 (USD Million)
- 7.7. Isosorbide Market - Latin America
- 7.7.1. Latin America: Isosorbide Market, by Application, 2019-2032 (USD Million)
- 7.7.2. Latin America: Isosorbide Market, by End-Use, 2019-2032 (USD Million)
- 7.7.3. Isosorbide Market - Mexico
- 7.7.3.1. Mexico: Isosorbide Market, by Application, 2019-2032 (USD Million)
- 7.7.3.2. Mexico: Isosorbide Market, by End-Use, 2019-2032 (USD Million)
- 7.7.4. Isosorbide Market - Brazil
- 7.7.4.1. Brazil: Isosorbide Market, by Application, 2019-2032 (USD Million)
- 7.7.4.2. Brazil: Isosorbide Market, by End-Use, 2019-2032 (USD Million)
- 7.7.5. Isosorbide Market - Argentina
- 7.7.5.1. Argentina: Isosorbide Market, by Application, 2019-2032 (USD Million)
- 7.7.5.2. Argentina: Isosorbide Market, by End-Use, 2019-2032 (USD Million)
8. Competitive Landscape
- 8.1. Expansion and Acquisition Analysis
- 8.1.1. Expansion
- 8.1.2. Acquisitions
- 8.2. Partnerships/Collaborations/Agreements/Exhibitions
9. Company Profiles
- 9.1. J&K Scientific
- 9.1.1. Company Overview
- 9.1.2. Financial PerEnd-Useance
- 9.1.3. End-Use Benchmarking
- 9.1.4. Recent Development
- 9.2. Jinan Hongbaifeng Industry
- 9.2.1. Company Overview
- 9.2.2. Financial PerEnd-Useance
- 9.2.3. End-Use Benchmarking
- 9.2.4. Recent Development
- 9.3. Manus Aktteva Biopharma
- 9.3.1. Company Overview
- 9.3.2. Financial PerEnd-Useance
- 9.3.3. End-Use Benchmarking
- 9.3.4. Recent Development
- 9.4. Par Pharmaceutical
- 9.4.1. Company Overview
- 9.4.2. Financial PerEnd-Useance
- 9.4.3. End-Use Benchmarking
- 9.4.4. Recent Development
- 9.5. Samyang Biopharmaceuticals Corporation
- 9.5.1. Company Overview
- 9.5.2. Financial PerEnd-Useance
- 9.5.3. End-Use Benchmarking
- 9.5.4. Recent Development
- 9.6. Roquette Freres
- 9.6.1. Company Overview
- 9.6.2. Financial PerEnd-Useance
- 9.6.3. End-Use Benchmarking
- 9.6.4. Recent Development
- 9.7. Vitas M Chemical
- 9.7.1. Company Overview
- 9.7.2. Financial PerEnd-Useance
- 9.7.3. End-Use Benchmarking
- 9.7.4. Recent Development
- 9.8. Fintech Industry
- 9.8.1. Company Overview
- 9.8.2. Financial PerEnd-Useance
- 9.8.3. End-Use Benchmarking
- 9.8.4. Recent Development
- 9.9. BioCrick Biotech
- 9.9.1. Company Overview
- 9.9.2. Financial PerEnd-Useance
- 9.9.3. End-Use Benchmarking
- 9.9.4. Recent Development
- 9.10. Mitsubishi Chemical
- 9.10.1. Company Overview
- 9.10.2. Financial PerEnd-Useance
- 9.10.3. End-Use Benchmarking
- 9.10.4. Recent Development
- 9.11. Merck
- 9.11.1. Company Overview
- 9.11.2. Financial PerEnd-Useance
- 9.11.3. End-Use Benchmarking
- 9.11.4. Recent Development
- 9.12. TCI Chemicals
- 9.12.1. Company Overview
- 9.12.2. Financial PerEnd-Useance
- 9.12.3. End-Use Benchmarking
- 9.12.4. Recent Development
- 9.13. ApexBio Technology
- 9.13.1. Company Overview
- 9.13.2. Financial PerEnd-Useance
- 9.13.3. End-Use Benchmarking
- 9.13.4. Recent Development
- 9.14. Oakwood Products
- 9.14.1. Company Overview
- 9.14.2. Financial PerEnd-Useance
- 9.14.3. End-Use Benchmarking
- 9.14.4. Recent Development
List of Tables
- Table 1 Global Isosorbide Market, by Application, 2019-2032 (USD Million)
- Table 2 Global Isosorbide Market, by End-Use, 2019-2032 (USD Million)
- Table 3 Isosorbide Market Assessment, By Geography, 2019-2032 (USD Million)
- Table 4 North America: Isosorbide Market, by Application, 2019-2032 (USD Million)
- Table 5 North America: Isosorbide Market, by End-Use, 2019-2032 (USD Million)
- Table 6 U.S.: Isosorbide Market, by Application, 2019-2032 (USD Million)
- Table 7 U.S.: Isosorbide Market, by End-Use, 2019-2032 (USD Million)
- Table 8 Canada: Isosorbide Market, by Application, 2019-2032 (USD Million)
- Table 9 Canada: Isosorbide Market, by End-Use, 2019-2032 (USD Million)
- Table 10 Europe: Isosorbide Market, by Application, 2019-2032 (USD Million)
- Table 11 Europe: Isosorbide Market, by End-Use, 2019-2032 (USD Million)
- Table 12 UK: Isosorbide Market, by Application, 2019-2032 (USD Million)
- Table 13 UK: Isosorbide Market, by End-Use, 2019-2032 (USD Million)
- Table 14 France: Isosorbide Market, by Application, 2019-2032 (USD Million)
- Table 15 France: Isosorbide Market, by End-Use, 2019-2032 (USD Million)
- Table 16 Germany: Isosorbide Market, by Application, 2019-2032 (USD Million)
- Table 17 Germany: Isosorbide Market, by End-Use, 2019-2032 (USD Million)
- Table 18 Italy: Isosorbide Market, by Application, 2019-2032 (USD Million)
- Table 19 Italy: Isosorbide Market, by End-Use, 2019-2032 (USD Million)
- Table 20 Spain: Isosorbide Market, by Application, 2019-2032 (USD Million)
- Table 21 Spain: Isosorbide Market, by End-Use, 2019-2032 (USD Million)
- Table 22 Netherlands: Isosorbide Market, by Application, 2019-2032 (USD Million)
- Table 23 Netherlands: Isosorbide Market, by End-Use, 2019-2032 (USD Million)
- Table 24 Russia: Isosorbide Market, by Application, 2019-2032 (USD Million)
- Table 25 Russia: Isosorbide Market, by End-Use, 2019-2032 (USD Million)
- Table 26 Asia Pacific: Isosorbide Market, by Application, 2019-2032 (USD Million)
- Table 27 Asia Pacific: Isosorbide Market, by End-Use, 2019-2032 (USD Million)
- Table 28 China: Isosorbide Market, by Application, 2019-2032 (USD Million)
- Table 29 China: Isosorbide Market, by End-Use, 2019-2032 (USD Million)
- Table 30 India: Isosorbide Market, by Application, 2019-2032 (USD Million)
- Table 31 India: Isosorbide Market, by End-Use, 2019-2032 (USD Million)
- Table 32 Malaysia: Isosorbide Market, by Application, 2019-2032 (USD Million)
- Table 33 Malaysia: Isosorbide Market, by End-Use, 2019-2032 (USD Million)
- Table 34 Japan: Isosorbide Market, by Application, 2019-2032 (USD Million)
- Table 35 Japan: Isosorbide Market, by End-Use, 2019-2032 (USD Million)
- Table 36 Indonesia: Isosorbide Market, by Application, 2019-2032 (USD Million)
- Table 37 Indonesia: Isosorbide Market, by End-Use, 2019-2032 (USD Million)
- Table 38 South Korea: Isosorbide Market, by Application, 2019-2032 (USD Million)
- Table 39 South Korea: Isosorbide Market, by End-Use, 2019-2032 (USD Million)
- Table 40 Middle East & Africa: Isosorbide Market, by Application, 2019-2032 (USD Million)
- Table 41 Middle East & Africa: Isosorbide Market, by End-Use, 2019-2032 (USD Million)
- Table 42 Saudi Arabia: Isosorbide Market, by Application, 2019-2032 (USD Million)
- Table 43 Saudi Arabia: Isosorbide Market, by End-Use, 2019-2032 (USD Million)
- Table 44 UAE: Isosorbide Market, by Application, 2019-2032 (USD Million)
- Table 45 UAE: Isosorbide Market, by End-Use, 2019-2032 (USD Million)
- Table 46 Israel: Isosorbide Market, by Application, 2019-2032 (USD Million)
- Table 47 Israel: Isosorbide Market, by End-Use, 2019-2032 (USD Million)
- Table 48 South Africa: Isosorbide Market, by Application, 2019-2032 (USD Million)
- Table 49 South Africa: Isosorbide Market, by End-Use, 2019-2032 (USD Million)
- Table 50 Latin America: Isosorbide Market, by Application, 2019-2032 (USD Million)
- Table 51 Latin America: Isosorbide Market, by End-Use, 2019-2032 (USD Million)
- Table 52 Mexico: Isosorbide Market, by Application, 2019-2032 (USD Million)
- Table 53 Mexico: Isosorbide Market, by End-Use, 2019-2032 (USD Million)
- Table 54 Brazil: Isosorbide Market, by Application, 2019-2032 (USD Million)
- Table 55 Brazil: Isosorbide Market, by End-Use, 2019-2032 (USD Million)
- Table 56 Argentina: Isosorbide Market, by Application, 2019-2032 (USD Million)
- Table 57 Argentina: Isosorbide Market, by End-Use, 2019-2032 (USD Million)
List of Figures
Figure 1 Global Isosorbide Market, 2019-2032 (USD Million)
Figure 2 Integrated Ecosystem
Figure 3 Research Methodology: Top-Down & Bottom-Up Approach
Figure 4 Market by Geography
Figure 5 Porter's Five Forces
Figure 6 Market by Application
Figure 7 Global Isosorbide Market, by Application, 2022 & 2032 (USD Million)
Figure 8 Market by End-Use
Figure 9 Global Isosorbide Market, by End-Use, 2022 & 2032 (USD Million)
Figure 10 Isosorbide Market Assessment, By Geography, 2019-2032 (USD Million)
Figure 11 Strategic Analysis - Isosorbide Market
