The isosorbide market will witness a CAGR of 8.50% for the forecast period of 2021-2028. Increasing application of isosorbide by the cosmetics and pharmaceuticals industry especially in the developing economies like India and China, growing use of isosorbide for a wide range of end user applications such as polyethylene isosorbide terephthalate (PEIT), polycarbonate, polyesters isosorbide succinate, polyurethane, isosorbide diesters and other applications and surge in industrialization especially in the developing countries are the major factors attributable to the growth of the isosorbide market. Isosorbide is a bi-cyclic chemical compound that contains oxygen and forms two fused furan rings. It is obtained from the group of diols and heterocycles and is commercially available in two kinds of grades, namely, polymer and technical. Isosorbide is also used as bio-feedstock as it os a heterocyclic solid derivative of glucose. Looking at the pharmaceutical application, isosorbide can be used to treat a wide range of diseases such as glaucoma, angina pectoris, other coronary artery diseases and hydrocephalus. It further inhibits characteristics like low polydispersity and high thermal stability which make it all the more suitable for a wide range of applications.
Rise in prevalence of coronary artery diseases/ disorders coupled with growing application in the pharmaceutical drugs is the root cause fuelling up the isosorbide market growth rate. Rising industrialization coupled with growth and expansion of various end user verticals especially in the developing economies will also directly and positively impact the growth rate of the isosorbide market. Growth in the application in elastomers and polymers coupled with surge in the demand for bio plastics will further carve the way for the growth of the isosorbide market. However, side effects on the body such as uneven heart rate, severe headache, and angina pain will pose a major challenge to the growth of the isosorbide market. Fluctuations in the prices of raw materials will dampen the isosorbide market growth rate. Also, availability of alternatives in the market will further derail the isosorbide market growth rate. Dearth of skilled professionals in the underdeveloped economies will also impede the isosorbide market growth rate.
Global Isosorbide Market, By Product Type (Oil- based Isosorbide, Water- based Isosorbide and Silicone- based Isosorbide), Application (Polyethylene Isosorbide Terephthalate (PEIT), Polycarbonate, Polyesters Isosorbide Succinate, Polyurethane, Isosorbide Diesters and Others), End Use (Resins and Polymers, Additives and Others), Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, U.A.E, Saudi Arabia, Egypt, South Africa, Israel, Rest of Middle East and Africa) Industry Trends and Forecast to 2028. This isosorbide market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographical expansions, technological innovations in the market. To gain more info on isosorbide market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
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Isosorbide Market Scope and Market Size:
The isosorbide market is segmented on the basis of product type, application and end use. The growth amongst the different segments helps you in attaining the knowledge related to the different growth factors expected to be prevalent throughout the market and formulate different strategies to help identify core application areas and the difference in your target market.
On the basis of product type, the isosorbide market is segmented into oil- based isosorbide, water- based isosorbide and silicone- based isosorbide.
On the basis of application, the isosorbide market is segmented into polyethylene isosorbide terephthalate (PEIT), polycarbonate, polyesters isosorbide succinate, polyurethane, isosorbide diesters and others.
On the basis of end use, the isosorbide market is segmented into resins and polymers, additives and others.
Market Competitors:
Few of the major competitors currently working in the global isosorbide market are Roquette Frères, Archer Daniels Midland Company, Merck KGaA, TCI Chemicals (India) Pvt. Ltd.Thermo Fisher Scientific, Novaphene Specialities Pvt. Ltd., Mitsubishi Chemical Corporation, SK chemicals, Par Pharmaceutical, Jinan Hongbaifeng Industry & Trade Co., Ltd, BOC Sciences, BioCrick BioTech, FINETECH INDUSTRY LIMITED, abcr GmbH, Vitas M Chemical Limited, Oakwood Products, Inc., ApexBio Technology, Target molecule Corp., hairuichem, among others.
Key Pointers Covered in the Isosorbide Market:
Market New Sales Volumes
Market Replacement Sales Volumes
Market Installed Base
Market by Brands
Market Procedure Volumes
Market Product Price Analysis
Market Healthcare Outcomes
Market Cost of Care Analysis
Market Regulatory Framework and Changes
Prices and Reimbursement Analysis
Market Shares in Different Regions
Recent Developments for Market Competitors
Market Upcoming Applications
Market Innovators Study
MAJOR TOC OF THE REPORT:
Chapter One: Isosorbide Market Overview
Chapter Two: Manufacturers Profiles
Chapter Three: Isosorbide Market Competition, by Players
Chapter Four: Isosorbide Market Size by Regions
Chapter Five: Isosorbide Market Revenue by Countries
Chapter Six: Isosorbide Market Revenue by Type
Chapter Seven: Isosorbide Market Revenue by Application
Chapter Eight: Isosorbide Market Revenue by Industries
Chapter Nine: Isosorbide Market Revenue by Deployment Model
Chapter Ten: Isosorbide Market Revenue by End User
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The key questions answered in this report:
What will be the Market Size and Growth Rate in the forecast year?
What is the Key Factors driving Laser Isosorbide Market?
What are the Risks and Challenges in front of the market?
Who are the Key Vendors in Isosorbide Market?
What are the Trending Factors influencing the market shares?
What is the Key Outcomes of Porter’s five forces model
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