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Isosorbide Market Expected to Achieve US$ 1,577.75 Million by 2032, Growing at 7.8% CAGR During 2024-2032

04-25-2024 12:43 PM CET | Chemicals & Materials

Press release from: Polaris Market Research & Consulting

Isosorbide Market

Isosorbide Market

The global Isosorbide Market was valued at USD 703.47 million in 2023. Looking forward, the market is projected to grow to USD 1,577.75 million by 2032, exhibiting a compound annual growth rate (CAGR) of 9.4% over the forecast period from 2024 to 2032. The aggressive growth of the commodity demand from pharmaceuticals and cosmetic zones and a speedily proliferating bioplastic industry worldwide are the primary factors propelling the market forward. Besides, growing pervasiveness for usage in elastomers and polymers is amongst the prominent notable elements spurring the market growth.

๐„๐ฑ๐ฉ๐ž๐ซ๐ข๐ž๐ง๐œ๐ž ๐Ž๐ฎ๐ซ ๐„๐ฑ๐œ๐ฅ๐ฎ๐ฌ๐ข๐ฏ๐ž ๐’๐š๐ฆ๐ฉ๐ฅ๐ž ๐‘๐ž๐ฉ๐จ๐ซ๐ญ ๐“๐จ๐๐š๐ฒ: https://www.polarismarketresearch.com/industry-analysis/isosorbide-market/request-for-sample

Isosorbide is a plant starch-acquired bicyclic diol with profound functionality for the gamut of applications in the coating, packaging, sealants, adhesives, elastomers, and automotive sectors. Starch from yearly renewable raw material is hydrolysed to make glucose, which is then transformed into sorbitol and eventually isosorbide by hydrogenation.

๐‚๐จ๐ฆ๐ฉ๐ž๐ญ๐ข๐ญ๐ข๐จ๐ง ๐‚๐š๐ญ๐ž๐ ๐จ๐ซ๐ข๐ณ๐š๐ญ๐ข๐จ๐ง
Prominent market players are funding massively in research and development so as to augment their commodity lines, which will assist the isosorbide market growth even more.

๐Š๐ž๐ฒ ๐œ๐จ๐ฆ๐ฉ๐š๐ง๐ข๐ž๐ฌ ๐š๐ซ๐ž ๐ฆ๐ž๐ง๐ญ๐ข๐จ๐ง๐ž๐ ๐›๐ž๐ฅ๐จ๐ฐ:
โ€ข J&K Scientific,
โ€ข Jinan Hongbaifeng Industry
โ€ข Manus Aktteva Biopharma
โ€ข Par Pharmaceutical
โ€ข Samyang Biopharmaceuticals Corporation
โ€ข Roquette Freres
โ€ข Vitas M Chemical
โ€ข Fintech Industry
โ€ข BioCrick Biotech
โ€ข Mitsubishi Chemical
โ€ข Merck,
โ€ข TCI Chemicals
โ€ข ApexBio Technology
โ€ข Oakwood Products

๐€๐œ๐œ๐ž๐ฌ๐ฌ ๐Ž๐ฎ๐ซ ๐๐ซ๐ž๐ฆ๐ข๐ฎ๐ฆ ๐‘๐ž๐ฉ๐จ๐ซ๐ญ ๐Ÿ๐จ๐ซ ๐„๐ฑ๐œ๐ฅ๐ฎ๐ฌ๐ข๐ฏ๐ž ๐ˆ๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ: https://www.polarismarketresearch.com/buy/2024/2

As a viable plant-dependent raw material with a carbon footprint of only 0.09 kg CO2/kg of commodity, isosorbide is an alluring instrument for monomers such as bisphenol A, which has a carbon footprint 60 times soaring. PET is a copolyester of ethylene glycol and terephthalic acid, both of which are fundamentally petrochemical raw materials.
But, restoring a few of the ethylene glycol with isosorbide can generate polyethylene co-isosorbide terephthalate (PEIT). Relying on the expanse of isosorbide substitution, PEIT is either semi-crystalline or formless. Both kinds of polymers have captivating attributes for inventive packaging, and both are recyclable and reusable.

๐‘๐ž๐ ๐ข๐จ๐ง๐š๐ฅ ๐ˆ๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ
โ€ข With escalating government directives to decrease VOC matter in paints and coatings and initiate a dependent sector targeted at prolonged economic development, North America is expected to experience significant growth. Besides, the speedy upswing in demand for automobiles with the surfacing of industrial advancement is expected to ignite the demand for the market.

โ€ข The isosorbide industry in the Asia Pacific exhibits robust growth and invention. Prominent trends in the region involve simplified access to raw materials, inexpensive labor, and sizeable augmentation of several end-use industries. As such, Asia Pacific emerged as the largest region in 2022.

๐†๐ž๐ญ ๐˜๐จ๐ฎ๐ซ ๐‡๐š๐ง๐๐ฌ ๐จ๐ง ๐ญ๐ก๐ž ๐„๐ง๐ญ๐ข๐ซ๐ž ๐‚๐จ๐ฆ๐ฉ๐ซ๐ž๐ก๐ž๐ง๐ฌ๐ข๐ฏ๐ž ๐‘๐ž๐ฉ๐จ๐ซ๐ญ ๐๐จ๐ฐ: https://www.polarismarketresearch.com/industry-analysis/isosorbide-market

๐ˆ๐ง๐ง๐จ๐ฏ๐š๐ญ๐ข๐จ๐ง๐ฌ ๐ข๐ง ๐๐ก๐š๐ซ๐ฆ๐š๐œ๐ž๐ฎ๐ญ๐ข๐œ๐š๐ฅ ๐…๐จ๐ซ๐ฆ๐ฎ๐ฅ๐š๐ญ๐ข๐จ๐ง๐ฌ:
Isosorbide has garnered attention in the pharmaceutical industry for its potential therapeutic applications. It is utilized in the synthesis of novel drug molecules, particularly in cardiovascular drugs and drug delivery systems. Isosorbide-based derivatives exhibit promising properties such as improved solubility, bioavailability, and controlled release, enhancing their efficacy in drug formulations. With ongoing research and development activities, the pharmaceutical segment is poised to emerge as a significant revenue contributor to the isosorbide market.

๐‚๐ก๐š๐ฅ๐ฅ๐ž๐ง๐ ๐ž๐ฌ ๐š๐ง๐ ๐Ž๐ฉ๐ฉ๐จ๐ซ๐ญ๐ฎ๐ง๐ข๐ญ๐ข๐ž๐ฌ:
Despite its promising prospects, the isosorbide market faces certain challenges, including high production costs, limited availability of raw materials, and competition from established alternatives. However, ongoing technological advancements and investments in process optimization are expected to mitigate these challenges and unlock new growth opportunities. Moreover, the increasing consumer awareness regarding sustainable products and the shift towards bio-based materials present favorable conditions for market expansion.

๐„๐ฑ๐ฉ๐ฅ๐จ๐ซ๐ž ๐Ž๐ฎ๐ซ ๐“๐จ๐ฉ ๐‘๐ž๐ฉ๐จ๐ซ๐ญ๐ฌ

๐‹๐ฎ๐›๐ซ๐ข๐œ๐š๐ง๐ญ ๐€๐๐๐ข๐ญ๐ข๐ฏ๐ž๐ฌ ๐Œ๐š๐ซ๐ค๐ž๐ญ: https://www.polarismarketresearch.com/industry-analysis/lubricant-additives-market
๐“๐š๐›๐ฅ๐ž๐ญ ๐‚๐จ๐š๐ญ๐ข๐ง๐ ๐ฌ ๐Œ๐š๐ซ๐ค๐ž๐ญ: https://www.polarismarketresearch.com/industry-analysis/tablet-coatings-market
๐’๐จ๐๐ข๐ฎ๐ฆ ๐‚๐ก๐ฅ๐จ๐ซ๐ข๐ญ๐ž ๐Œ๐š๐ซ๐ค๐ž๐ญ: https://www.polarismarketresearch.com/industry-analysis/sodium-chlorite-market
๐‚๐š๐ฅ๐œ๐ข๐ฎ๐ฆ ๐‚๐š๐ซ๐›๐จ๐ง๐š๐ญ๐ž ๐Œ๐š๐ซ๐ค๐ž๐ญ: https://www.polarismarketresearch.com/industry-analysis/calcium-carbonate-market
๐‹๐ข๐ง๐ž๐ซ๐ฅ๐ž๐ฌ๐ฌ ๐‹๐š๐›๐ž๐ฅ๐ฌ ๐Œ๐š๐ซ๐ค๐ž๐ญ: https://www.polarismarketresearch.com/industry-analysis/linerless-labels-market

๐‚๐จ๐ง๐ญ๐š๐œ๐ญ ๐ˆ๐ง๐Ÿ๐จ:
Polaris Market Research
Phone: +1-929-297-9727
Email: sales@polarismarketresearch.com

๐€๐›๐จ๐ฎ๐ญ ๐”๐ฌ
Polaris Market Research is a worldwide market research and consulting organization. We give unmatched nature of offering to our customers present all around the globe across industry verticals. Polaris Market Research has expertise in giving deep-dive market insight along with market intelligence to our customers spread crosswise over various undertakings. We at Polaris are obliged to serve our different client base present over the enterprises of medicinal services, healthcare, innovation, next-gen technologies, semi-conductors, chemicals, automotive, and aerospace & defence, among different ventures present globally.

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