Global Isosorbide Market Analysis, Drivers, Restraints, Opportunities, Threats, Trends, Applications, and Growth Forecast to 2027
MarketResearch.biz delivers in-depth insights on the global Isosorbide market in its upcoming report titled, “Global Isosorbide Market Trends, Applications, Analysis, Growth, and Forecast: 2018 to 2027”. The global Isosorbide market is estimated to register a CAGR of X.X% in terms of value during forecast period 2018–2027. The report offers in-depth insights, revenue details, and other vital information regarding the target market, and the various trends, drivers, restraints, opportunities, and threats till 2027. The report offers insightful and detailed information regarding the various key players operating in the market, their financials, supply chain trends, technological innovations, key developments, apart from future strategies, acquisitions & mergers, and market footprint. The global Isosorbide market report has been segmented on the basis of application, end-user, and region.
This report is based on synthesis, analysis, and interpretation of information gathered regarding the target market from various sources. Our analysts have analyzed the information and data and gained insights using a mix of primary and secondary research efforts with the primary objective to provide a holistic view of the market. In addition, an in-house study has been made of the global economic conditions and other economic indicators and factors to assess their respective impact on the market historically, as well as the current impact in order to make informed forecasts about the scenarios in future.
Isosorbide is an organic nitrate with molecular formula C6H12O4, which appears as white heterocyclic derivative of glucose. Isosorbide is commonly used for the medical applications in the treatment of diseases such as glaucoma and hydrocephalus, owing to its chemically inert osmotic diuretic property. It has vasodilator activity which relaxes vascular soft muscle by formation of free radical nitric oxide which is identical to the endothelium-derived relaxing factor.
Increasing adoption of isosorbide in polymers and elastomers is a major factor expected to propel demand and drives growth of the global isosorbide market over the forecast period. In addition, rising demand for biodegradable products owing to environmental awareness, is another factor expected to fuel growth of the target market during the forecast period. Moreover, rising demand for isosorbide for beverages and packaged foods, and increasing disposal income due to changing lifestyle of individuals, are also expected to bolster growth of the target market.
However, side-effects on constant use of isosorbide is a major factor may hamper demand and restrain growth of the market during the forecast period. Increasing demand for bio-feedstock is about to create an opportunity for growth of the global isosorbide market over the forecast period. A rising trend on usage of isosorbide in medical applications for treatment of vascular diseases, glaucoma and hydrocephalus, expected to support growth of the target market.
The isosorbide market in Asia Pacific accounted for the highest share in terms of revenue to the global isosorbide market and is expected to dominate the market over the forecast period. The Asia Pacific market is expected to witness a highest CAGR over the forecast period, due to rising demand for bioplastics and presence of chemical and biotechnology manufacturers in the region. The Europe market is estimated to register a significant growth rate during the forecast period. North America isosorbide market is projected to witness a moderate growth during the forecast period, followed by Latin America and Middle East and Africa.
Global Isosorbide Market Segmentation:
Segmentation On the Basis of Application:
- Polyethylene Isosorbide Terephthalate (PEIT)
- Polyester Polyisosorbide
- Isosorbide Diesters
Segmentation On the Basis of End-user:
- Resins & Polymers
Segmentation On the Basis of Region:
- North America
- Asia Pacific
- Latin America
- Middle East & Africa
Particular Scope Region
- North America
- Rest of Europe
- Asia Pacific
- South Korea
- Rest of Asia Pacific
- Latin America
- Rest of Latin America
- Middle East and Africa
- South Africa
- Rest of Middle East and Africa
Actual Year 2017 Estimated Year 2018 Forecast Period 2018–2028 Revenue in US$
- Archer Daniels Midland Company
- Cargill, Incorporated
- Mitsubishi Chemical Corporation
- Jinan Hongbaifeng Industry & Trade Co., Ltd
- Merck KGaA
- Par Pharmaceutical
- Thermo Fisher Scientific
- Rochem International Inc.
- Ecogreen Oleochemicals GmbH
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