A new research document with title ‘Global Isosorbide Market 2017-2021’covering detailed analysis, Competitive landscape, forecast and strategies. The study covers geographic analysis that includes regions like North America, Europe, Asia-Pacific, South America, Middle East & Africa and important players/vendors such as Alfa Aesar, Ecogreen Oleochemicals, J&K Scientific, JP Laboratories, Linyi Shengxin Pharmaceutical R&D, etc. The report will help user gain market insights, future trends and growth prospects for forecast to 2021.
HTF’s analysts forecast the global isosorbide market to grow at a CAGR of 8.76% during the period 2017-2021.
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HTF recognizes the following companies as the key players in the global isosorbide market: Archer Daniels Midland, Jinan Hongbaifeng Industry & Trade, Mitsubishi Chemical Holdings, Novaphene, and Roquette
Other Prominent Vendors in the market are: Alfa Aesar, Ecogreen Oleochemicals, J&K Scientific, JP Laboratories, Linyi Shengxin Pharmaceutical R&D, MERYER, Par Pharmaceutical, SK Chemicals, and TCI (Shanghai) Development.
Commenting on the report, an analyst from HTF’s team said: “The latest trend gaining momentum in the market is Growing significance for environment-friendly polymers. Polymers derived from petroleum-based products are used in a number of applications. These polymers are cost-effective but are harmful to the environment due to their non-degradable nature. The growing environmental concerns, rising health awareness, and increasing demand for biodegradable products have forced vendors to replace petroleum-derived polymers with environment-friendly polymers. The environment-friendly polymers contain polymers or their composites that are either biodegradable or bio-based (from renewable resources). Isosorbide is derived from natural sources such as corn starch. Isosorbide, when blended with other polymers, exhibits superior properties and enhances the final product performance, making it biodegradable and environment-friendly. Thus, the growing demand for biodegradable polymers is boosting the demand for isosorbide.”
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According to the report, one of the major drivers for this market is Demand from resin and polymers. BPA is largely used in resins and polymers. The growing environmental concerns and non-biodegradable nature of BPA have led to the replacement of BPA with isosorbide. The isosorbide consumption in the resins and polymers industry has increased due to its superior properties and biodegradable nature. Resins and polymers had the highest end-user market share of 46.85% in the global isosorbide market in 2016 and were the key drivers for this market. Isosorbides are largely used in polymers, epoxy, and thermoset resins. When resins and polymers are blended with isosorbide, they exhibit superior mechanical properties, biodegradability, superior kinetic characteristics, superior flexural properties, and high thermal stability. The growing demand for bio-based resins and polymers has led to an increased consumption of isosorbide.
Further, the report states that one of the major factors hindering the growth of this market is High cost of manufacturing. The use of bio-based isosorbide as an additive enhances the properties of the polymer. Isosorbide has the potential to reduce the use of petroleum-based feedstock used in polymers. Isosorbide production from organic raw materials involves huge costs, which is the major threat to the global isosorbide market. Corn is the major raw material used in the production of isosorbide. The commodity market price of corn keeps varying from region to region, which leads to an increase in the cost of production of isosorbide.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
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Table of Contents
PART 01: EXECUTIVE
PART 02: SCOPE OF THE REPORT
PART 03: RESEARCH METHODOLOGY
PART 04: INTRODUCTION
PART 05: MARKET LANDSCAPE
• Overview of global isosorbide market
• Market size and forecast
• Five forces analysis
PART 06: MARKET SEGMENTATION BY APPLICATION
• Global isosorbide market by application 2016
• Global isosorbide market by application 2021
• Market forecast: Global isosorbide market by application
• Global isosorbide market by PEIT
• Global isosorbide market by polycarbonate
• Global isosorbide market by polyurethane segment
• Global isosorbide market by polyester polyisosorbide succinate
• Global isosorbide
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