Skip to main content

Global Isosorbide Market - Industry Outlook, Size,Share, Growth Prospects, Key Opportunities, Trends and Forecasts, 2014 To 2020

PEIT (Polyethylene Isosorbide Terephthate) emerged as the leading application segment for isosorbide and accounted for 36.8% of the total isosorbide consumed in 2012. PEIT along with being the biggest application is also expected to be the fastest growing application segment for isosorbide at an estimated CAGR of 23.8% from 2013 to 2020. Other polymer applications such as polycarbonate, polyurethane and isosorbide diesters among others are expected to witness moderate growth in the future owing to continuous efforts in research and development of isosorbide derivatives for polymer applications. However, the conventional applications of isosorbide in pharmaceutical sector are relatively expected to witness sluggish growth over the forecast period.

 Further Key findings from the study suggest:

 The global isosorbide market is expected to be 324.6 million by 2020 growing at a CAGR of 19.7% from 2013 to 2020.
Resins and polymers emerged as the largest end-use industry for isosorbide and accounted for over 60% of the global demand in 2012. This segment is further expected to witness significant growth on account of steady research in the field. Other end-uses including pharmaceutical, cosmetics, personal care and food among others are projected to experience sluggish growth owing to saturated application market.

 Asia Pacific continued its dominance in the overall isosorbide market and accounted for 41.4% of the total demand in 2012. Asia Pacific, along with being the biggest market is also expected to be the fastest growing market for isosorbide at an estimated CAGR of 24.1% over the forecast period. The growing bio-based plastics manufacturing capacity mainly in China due to low labor and raw material cost has been acting as one of the major factors driving the demand for isosorbide. Europe trailed Asia Pacific with just over 31% of the total demand in 2012. The North American market for isosorbide is expected to reach a market worth USD 63.8 million by 2020.

 To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and energy. With a deep-seated understanding of varied business environments, Grand View Research provides strategic objective insights. For more information, 
Labels:

Comments

Post a Comment

Popular posts from this blog

Global Carbon Nanotubes (CNT) Market growing at a CAGR of over 18% from 2015 to 2020.

Polymers were the largest application segment, accounting for over 60% of global CNT market volume in 2014. CNT are increasingly being fortified in polymers such as composites and plastic derivatives for improving electrical, thermal and mechanical strength of the end product. Growing application of polymers in construction, automotive and consumer goods industry is anticipated to have a positive impact on CNT market over the forecast period. Further key findings from the study suggest: Global CNT market demand was stood at 5,064.1 tons in 2014 and is anticipated to exceed 20,000 tons by 2022, growing at a CAGR of over 18% from 2015 to 2020. Multi walled carbon nanotubes (MWCNT) was the largest product segment, accounting for majority market volume in 2014. Lower price in comparison to other CNT products is expected to promote market growth. Asia Pacific was the largest CNT market, accounting for over 40% of global volume in 2014. Growing plastic and composite industries in C
3 comments
Read more

Global Power Rental Systems Market To Reach USD 24.08 Billion By 2020

Power rental systems are used in a variety of industries where there is high demand for continuous power. Key end-use markets for these systems were government, oil and gas and construction, which together accounted for over 60% of global revenues in 2012. High dependency on power for daily operation of these industries is a key driver for substantial use of power rental systems. The use of these systems in events, wherein there is high demand for temporary power, was a small segment in 2012 but is expected to grow at a CAGR of over 16% from 2013 to 2020.  To request a sample copy or view summary of this report, click the link :  http://www.grandviewresearch.com/industry-analysis/power-rental-systems-industry Further Key findings from the study suggest: The key applications of power rental systems include peak shaving, continuous power and standby power. However, use of these systems for peak shaving is expected to be the critical factor for the development of this market and i
Post a Comment
Read more

India and China OSS/BSS Market to Reach USD 7.33 Billion by 2020

India accounted for majority of the overall Asia Pacific market share in 2012. It is further expected to grow at a CAGR of 16.3% over the forecast period. Growing focus on customer relationship management in order to ensure customer retention and loyalty has led to investments in the OSS/BSS space. Furthermore, service providers are offering next generation systems that provide shorter time-to-market and rapid development of services. Uncertain regulatory scenario and deferred adoption of communication standards in India is expected to be a barrier to industry growth. To request a sample copy or view summary of this report, click the link :  http://www.grandviewresearch.com/industry-analysis/india-and-china-oss-bss-industry Further Key findings from the study suggest: The India and China OSS/BSS market was estimated to be USD 2.2 billion in 2012, and is expected to grow at a CAGR of 16.3% from 2013 to 2020 The market in China is expected to reach USD 3.45 billion by 2020, spu
Post a Comment
Read more