Isosorbide Market Scope:

Global Isosorbide Market was valued at USD 0.66 Billion in 2022 and is poised to grow from USD 0.72 Billion in 2023 to USD 1.45 Billion by 2031, at a CAGR of 9.1% during the forecast period (2024-2031).

Isosorbide Market Driver
One key driver of the growth of the isosorbide market is the increasing demand for sustainable and eco-friendly materials. Isosorbide-based polymers are biodegradable and renewable, making them a viable alternative to traditional petrochemical-based materials. The shift towards more sustainable and environmentally friendly products and processes in various industries, including plastics, pharmaceuticals, and personal care, is expected to drive the demand for isosorbide in the coming years. This growing trend towards sustainability is being driven by concerns about climate change, resource depletion, and the negative impacts of industrial activity on the environment.

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Isosorbide Market Size research report 2024 offers an in-depth assessment of revenue growth, market definition, segmentation, industry potential, and influential trends for understanding the future outlook and current prospects for the market.

This report is quite popular as the different industries use the Isosorbide Market demand analysis. It helps to understand how much consumer demand exists for a particular product or service for the period of 2024 – 2031. The best thing about this analysis is that it allows the management to determine if their business could effectively enter a market. It also helps the company to generate enough profits that could be beneficial to advance its business operation. It is essential for the business to understand the market demand for a particular product and service to help them make an effective business decision. And market demand analysis is the perfect process that helps to understand the customer demand for a product or service in a target market.

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Key players covered in the report:

• Roquette Freres SA
• SK Chemicals Co. Ltd.
• Jinan Hongbaifeng Industry & Trade Co. Ltd.
• Mitsubishi Chemical Corporation
• Novaphene Specialities Pvt. Ltd.
• Jinan Huaming Biochemistry Co. Ltd.
• Par Pharmaceutical Companies Inc.
• TCI Chemicals (India) Pvt. Ltd.
• Alfa Aesar GmbH & Co. KG
• Cargill Inc.
• Ecogreen Oleochemicals GmbH
• Caledonian Ferguson Timpson Ltd.
• Thermo Fisher Scientific Inc.
• Merck KGaA
• Chengdu Kaijie Biopharm Co. Ltd.
• J&K Scientific Ltd.
• Henan Sinotech Import & Export Corporation
• Haihang Industry Co. Ltd.
• Tokyo Chemical Industry Co. Ltd.
• Zhejiang Shenghua Biok Biology Co. Ltd.

Recent Developments

• Mitsubishi Chemical said in May 2023 that it will begin offering samples of the new DURABIO D93 Series, a plant-derived bioengineering plastic generated from isosorbide. 
• An asset transfer agreement was signed in March 2023 by SK Chemicals to purchase Shuye’s chemically recycled PET and BHET business division. It is well known that SK Chemicals uses isosorbide to improve the characteristics of PET. 
• In September 2022, Roquette completed the acquisition of Crest Cellulose, an excipient manufacturing company located in India. Following its initial majority stake investment in 2018, Roquette is well-positioned to persist in its ambitious growth pursuits and meet the increasing demand for top-notch plant-based excipients.

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Research Methodology

For precise determination of the market potential, the Isosorbide Market is studied using Porter’s Five Force Model and a SWOT analysis has been conducted for a better understanding of the business environment.

Major Table of Contents for Research Report:

• Introduction
• Executive Summary
• Market Dynamics
• Key Market Growth Insights
• Market Analysis, Insights, and Forecast, 2024-2031
• Competitive Landscape
• Revenue Growth, Isosorbide Market Industry Share Analysis, By Key Players
• Company Profiles
• Conclusion

Key Questions Answered:

• What is the size of the Isosorbide Market in terms of revenue, sales volume, or number of users/customers?
• Who are the key players in the Industry, and what are their market shares?
• What are the trends and drivers shaping the Isosorbide Market, and what are the challenges and opportunities?
• What are the different segments of the Isosorbide Market, and how are they expected to grow?
• What are the key products and services offered in the Isosorbide Market?
• What are the pricing strategies and competitive landscape of the Isosorbide Market?
• What is the production and production value of the global Isosorbide Market?
• What are the growth factors driving the market demand?
• What are the future prospects and growth potential of the Isosorbide Market?

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