Isosorbide Market to Set a Steady Growth during the forecast period 2024-2032

The global isosorbide market size was USD 431.6 Million in 2022 and is expected to reach USD 786.83 Million in 2032, and register a rapid revenue CAGR of 6.9% during the forecast period. Rising demand for isosorbide in end-use industries, such as pharmaceuticals, polymers, and personal care products, is a key factor driving market revenue growth. Isosorbide is a bio-based chemical compound that is derived from renewable resources such as corn, wheat, and sugarcane, which makes it an eco-friendly alternative to petroleum-based chemicals.

In the pharmaceutical industry, isosorbide is used as a drug to treat angina and Heart Failure. The increasing prevalence of heart diseases and awareness regarding benefits of isosorbide are rising demand for compound in the pharmaceutical industry. In addition, isosorbide is being explored for its potential applications in other medical fields, such as cancer treatment and drug delivery systems, which is expected to drive revenue growth of the market during the forecast period.

The polymer industry is also a significant consumer of isosorbide. These are used as a building block in the production of Plastics-market”>Biodegradable Plastics, resins, and coatings, as these offer excellent thermal stability, mechanical strength, and impact resistance. Moreover, rising demand for sustainable packaging solutions and increasing environmental concerns related to Plastic waste are other factors driving market revenue growth.

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Different businesses in the chemicals and materials industries differ in size, geography, business style, and end-market focus. These businesses are part of a larger ecosystem that includes oil, gas, coal, minerals, and bio-based products as raw materials on one hand and a wide range of application industries on the other. It is traditional to divide the chemical industry into three major categories: petrochemicals, diversified manufacturers, and specialized industries.

While the wider patterns discussed in the previous section apply to the entire sector, the complexities of the distinctions among the various players indicate the need to analyze trends by segment of the industry. As part of its multiverse series, Deloitte classified chemical sector stakeholders into three groups: natural owners, distinctive commodities, and solution providers. Each of these groups usually has its own strategic imperatives. It is common for vertically integrated natural owners to prioritize continuous improvement over innovation when operating their businesses. By focusing on supply chain efficiency, market innovation, and cost optimization, differentiated commodities flourish in a highly fragmented and complex industry. This is exactly what solution providers do: they focus on maximizing the value of their unique products as well as their application expertise and services.

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Moreover, the report provides insight into how the Isosorbide market will develop between 2024 and 2032. Companies operating in the Isosorbide market can benefit from the in-depth dynamics presented in the report, thereby making strategic development decisions that will help them succeed. During the forecast period, the Isosorbide market is expected to undergo significant changes that will highly configure its growth.

Furthermore, the report highlights the growth prospects of the Isosorbide market and estimates market progress in terms of value (USD million) and volume (thousand units).

Competitive Landscape:

  • SK Chemicals
  • Roquette Freres
  • Jinan Hongbaifeng Industry & Trade Co., Ltd.
  • Novaphene Specialities Pvt. Ltd.
  • Par Pharmaceutical
  • Samyang Corporation
  • TCI Chemicals
  • Mitsubishi Chemical Corporation
  • Vertellus Holdings LLC
  • Ecogreen Oleochemicals GmbH

Segments Covered in the Report:

By Product Type Outlook
  • Crystalline
  • Amorphous
By Application Outlook
  • Polycarbonate
  • Polyethylene Terephthalate (PET)
  • Polyurethane
  • Pharmaceutical
  • Others

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Key Questions Answered in This report on the Isosorbide Market

The report provides detailed information about the Isosorbide market on the basis of comprehensive research on various factors that play a key role in accelerating the growth potential of the market. The information mentioned in the report answers path-breaking questions for companies that are currently functioning in the market and are looking for innovative ways to create a unique benchmark in the Isosorbide market, so as to help them formulate successful strategies and take target-driven decisions.

  • How are key market players successfully earning revenue from the advantages of the product?
  • What will be the Y-o-Y growth of the Isosorbide market between 2024 and 2032?
  • What are the winning imperatives of market frontrunners in the Isosorbide market?
  • Which end-user is expected to undertake maximum adoption of the product during the forecast period?

Research Methodology: Isosorbide Market

The research methodology adopted by analysts to compile the Isosorbide market report is based on detailed primary as well as secondary research. With the help of in-depth insights of industry-affiliated information that is obtained and legitimated by market-admissible resources, analysts have offered riveting observations and authentic forecasts of the Isosorbide market.

During the primary research phase, analysts interviewed industry stakeholders, investors, brand managers, vice presidents, and sales and marketing managers. On the basis of data obtained through interviews with genuine resources, analysts have emphasized the changing scenario of the Isosorbide market.

For secondary research, analysts scrutinized numerous annual report publications, white papers, import and export data of major countries around the world, industrial production index, industry association publications, and company websites to obtain the necessary understanding of the Isosorbide market.

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