Global Isosorbide Market, Analysis, Drivers, Restraints, Opportunities, Threats, Trends, Applications, and Growth Forecast to 2029
“Global Isosorbide Market” report produced by MarketResearch.biz is segmented on the basis of application, end-use, and region. Extensive primary and secondary researches were invested to ensure major factors and its impact these factors have on respective aspects and scenarios in the target market. Research findings and conclusions were verified through industry experts before presenting it in the report.
Isosorbide is a medication for heart failure, heart-related chest pain, and esophageal spasms. Isosorbide derivatives such as dinitrates and mononitrates are useful in treating coronary artery diseases such as angina pectoris. Isosorbide is available in various brand names. It is widely used both to treat and prevent heart-related chest pain and it is generally taken by mouth. This medication comes under a class of medication, which is called nitrates. Isosorbide mononitrate works by widening and relaxing blood vessels that allow blood to flow easily to heart. The number of times isosorbide should be taken on a day depends upon various brands. Usually, doctors prescribe patients take it twice in a day but it varies depending upon brand. Stopping taking isosorbide mononitrate suddenly may cause a severe heart attack. Also, changing a brand without the approval of a doctor may end up in further compilations. Isosorbide is usually stored at room temperature and away from heat, light and moisture. However, isosorbide has many side effects such as headache, skin warmth or redness, nausea, dizziness, vomiting, hot flashes, tingling under your skin, and constipation. Isosorbide is also used as an additive in polymers to increase rigidity and toughness of materials
Isosorbide is available in two grades, technical and polymer. Growing demand from pharmaceutical and cosmetics industries, increasing usage in polymers and elastomers, increasing bioplastics market are the major factors driving demand for isosorbide in the global isosorbide market. Increasing environmental awareness among consumers about technological advancements and sustainability is projected to increase demand for isosorbide in the global isosorbide market over the forecast period. In addition, changing consumer preferences towards bioplastic, which is fueled by increasing awareness about green product consumption, is expected to drive the market over the forecast period. Stringent EPA regulations by the US government are projected to increase demand for isosorbide in the country. Increasing focus on bio-based chemicals has been leading to growing investment in product innovation with environment-friendly properties and research and development, which is expected to further drive demand for isosorbide in the global isosorbide market over the forecast period. In addition, availability of raw materials, such as corn, sorbitol, wheat, and potatoes, at a feasible cost to produce isosorbide is projected to boost growth of the market. However, various side effects of isosorbide derivatives on body including severe headache, uneven heart rate, and angina pain are estimated to hamper growth of the market in the global isosorbide market over the forecast period.
Global Isosorbide Market Segment Analysis:
By Application: Among the application segments, the Polyethylene Isosorbide Terephthalate (PEIT) segment is projected to contribute highest revenue share in the global isosorbide market and is expected to continue over the forecast period. This growth of the segment is attributed to increasing demand from food & beverage industry, enhanced heat resilience, and rising opportunities in pharma industries.
By End-use: The resins & polymers segment among end-use segments has been gaining traction, attributed to increasing interest of polymer industries in various bio-based products. The key players including SK Chemicals and Mitsubishi Chemicals started to focus on producing polymers that are based on isosorbide.
Global Isosorbide Market Regional Analysis:
The market in Asia Pacific is expected to register a high revenue share over the forecast period. This can be attributed to increasing demand for bioplastics in various countries in the region including China and India owing to low labor and raw material cost. For instance, various international biotechnology and chemical companies including Roquette shifted their manufacturing unit to developing and low-cost countries such as Indonesia, Thailand, India, and China.
Global Isosorbide Market Segmentation:
- Polyethylene Isosorbide Terephthalate (PEIT)
- Polyester Polyisosorbide
- Isosorbide Diesters
- Resins & Polymers
- 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 2019 Estimated Year 2020 Forecast Period 2020–2029 Revenue in US$
- Roquette Frères
- Archer Daniels Midland
- Mitsubishi Chemical
- SK Chemical
- Par Pharmaceutical
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