Isosorbide Market Report 2024 (Global Edition)

Global Isosorbide Market Report 2024 Market Size Split by Product type (Oil- based Isosorbide, Water- based Isosorbide, Silicone- based Isosorbide), by Application (Polyethylene Isosorbide Terephthala...

Isosorbide Market Report Description

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Isosorbide Market Insights Video

Competitive Landscape of the Isosorbide Market

The isosorbide market is characterized by a competitive landscape featuring a mix of established players and emerging companies, all striving to capitalize on the growing demand for bio-based chemicals. Key players in the market, such as Roquette Frères, Mitsubishi Chemical Corporation, and SK Chemicals, dominate the industry with their extensive production capabilities and strong global distribution networks.

In May 2024, Samyang announced their debut into the isosorbide market, with an emphasis on pharmaceutical applications. The company intends to use isosorbide’s biocompatibility to create safer medicine formulations, capitalizing on the growing regulatory need for non-toxic chemicals. (Source:https://www.samyang.com/resources/kr/global/file/company/samyang_brochure_en.pdf)

Top Companies Market Share in Isosorbide Industry: (In no particular order of Rank)

• J&K Scientific Ltd.
• Jinan Hongbaifeng Industry & Trade Co.
• Ltd.
• Novaphene
• Roquette Frères
• MANUS AKTTEVA BIOPHARMA LLP
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*List of Second Tier Companies, List of Third Tier/ Start-up Companies (Inquire with sales executive) Request Any Company Profile for Preview Purpose OR Data Validation!

If any Company(ies) of your interest has/have not been disclosed in the above list then please let us know the same so that we will check the data availability in our database and provide you the confirmation or include it in the final deliverables.

Regional Analysis of the Isosorbide Market

Which Region Dominates the Isosorbide Market in 2024?

According to Cognitive Market Research, North America dominates the Isosorbide market due to several key factors, including a well-established pharmaceutical and bioplastics industry, strong demand for sustainable and bio-based products, and significant investments in research and development. The region's advanced healthcare infrastructure drives the use of isosorbide in drug formulations, while growing environmental awareness boosts its adoption in biodegradable plastics.

Which Region is Expanding at the Fastest CAGR?

Asia-Pacific region is the fastest-growing market for isosorbide due to several factors, including rapid industrialization and increasing demand for bio-based materials in various applications. The region's strong focus on sustainable development drives the shift towards renewable resources, propelling the use of isosorbide in producing biodegradable plastics and other eco-friendly products.

The current report Scope analyzes Isosorbide Market on 5 major region Split (In case you wish to acquire a specific region edition (more granular data) or any country Edition data then please write us on info@cognitivemarketresearch.com

• North America (United States, Canada, Mexico)
• Europe (United Kingdom, France, Germany, Italy, Russia, Spain, Sweden, Denmark, Netherlands, Switzerland, Belgium)
• Asia-Pacific (China, Japan, Korea, India, Australia, Philippines, Singapore, Malaysia, Thailand, Indonesia, Rest of APAC)
• South America (Brazil, Argentina, Colombia, Peru, Chile, Rest of South America)
• Middle East and Africa (Saudi Arabia, Turkey, Nigeria, UAE, Egypt, South Africa, GCC Countries, Rest of MEA)

The above graph is for illustrative purposes only.

North America Isosorbide

According to Cognitive Market Research, the global Isosorbide market size was estimated at USD 725.5 Million, out of which North America held the major market share of more than 40% of the global revenue with a market size of USD 290.20 million in 2024 and will grow at a compound annual growth rate (CAGR) of 7.9% from 2024 to 2031.

• According to Cognitive Market Research, the US had a major share in the Isosorbide market with a market size of USD 228.97 million in 2024 and is projected to grow at a CAGR of 7.7% during the forecast period. The U.S. market's increasing demand for sustainable materials across various industries.
• The Canada Isosorbide market had a market share of USD 34.82 million in 2024 and is projected to grow at a CAGR of 8.7% during the forecast period. Canada’s increasing demand for sustainable materials across various industries.
• The Mexico Isosorbide market is projected to witness growth at a CAGR of 8.4% during the forecast period, with a market size of USD 26.41 million in 2024.

Europe Isosorbide

According to Cognitive Market Research, the global Isosorbide market size was estimated at USD 725.5 Million, out of which Europe held the market share of more than 30% of the global revenue with a market size of USD 393.9 million in 2024 and will grow at a compound annual growth rate (CAGR) of 8.2% from 2024 to 2031.

• The United Kingdom Isosorbide market had a market share of USD 36.57 million in 2024 and is projected to grow at a CAGR of 9.0% during the forecast period. In the UK, Isosorbide sales witness an upswing due to the stringent environmental regulations.
• The France Isosorbide market is projected to witness growth at a CAGR of 7.4% during the forecast period, with a market size of USD 20.02 million in 2024.
• According to Cognitive Market Research, the German Isosorbide market size was valued at USD 43.09 million in 2024 and is projected to grow at a CAGR of 8.4% during the forecast period. In Germany, Isosorbide surged due to the stringent environmental regulations.
• The Italy Isosorbide market is projected to witness growth at a CAGR of 7.6% during the forecast period, with a market size of USD 18.72 million in 2024.
• The Russia Isosorbide market is projected to witness growth at a CAGR of 7.2% during the forecast period, with a market size of USD 33.74 million in 2024.
• The Spain Isosorbide market is projected to witness growth at a CAGR of 7.3% during the forecast period with a market size of USD 17.85 million in 2024
• The Luxembourg Isosorbide market is projected to witness growth at a CAGR of 8.3% during the forecast period, with a market size of USD 6.75 million in 2024.
• The Portugal Isosorbide market is projected to witness growth at a CAGR of 8.0% during the forecast period, with a market size of USD 4.57 million in 2024.
• The Greece Isosorbide market is projected to witness growth at a CAGR of 8.5% during the forecast period, with a market size of USD 2.61 million in 2024.
• The Rest of Europe's Isosorbide market is projected to witness growth at a CAGR of 6.9% during the forecast period, with a market size of USD 33.74 million in 2024.

Asia Pacific Isosorbide

According to Cognitive Market Research, the global Isosorbide market size was estimated at USD 725.5 Million, out of which Asia Pacific held the market share of around 23% of the global revenue with a market size of USD 166.87 million in 2024 and will grow at a compound annual growth rate (CAGR) of 11.7% from 2024 to 2031.

• According to Cognitive Market Research, the China Isosorbide market size was valued at USD 75.09 million in 2024 and is projected to grow at a CAGR of 11.2% during the forecast period. Isosorbide surged in China due to rapid industrialization.
• The Japan Isosorbide market is projected to witness growth at a CAGR of 10.2% during the forecast period, with a market size of USD 23.03 million in 2024.
• The India Isosorbide market had a market share of USD 20.02 million in 2024 and is projected to grow at a CAGR of 13.5% during the forecast period. India's rapid industrialization.
• The South Korean Isosorbide market is projected to witness growth at a CAGR of 10.8% during the forecast period, with a market size of USD 16.69 million in 2024.
• The Australian Isosorbide market is projected to witness growth at a CAGR of 11.4% during the forecast period, with a market size of USD 8.68 million in 2024.
• The South East Asia Isosorbide market is projected to witness growth at a CAGR of 12.7% during the forecast period, with a market size of USD 11.51 million in 2024.
• The Rest of Asia Pacific Isosorbide market is projected to witness growth at a CAGR of 11.5% during the forecast period, with a market size of USD 11.85 million in 2024.

South America Isosorbide

According to Cognitive Market Research, the global Isosorbide market size was estimated at USD 725.5 Million, out of which the Latin America held the market share of around 5% of the global revenue with a market size of USD 36.28 million in 2024 and will grow at a compound annual growth rate (CAGR) of 9.1% from 2024 to 2031.

• According to Cognitive Market Research, the Brazil Isosorbide market size was valued at USD 15.53 million in 2024 and is projected to grow at a CAGR of 9.7% during the forecast period. Isosorbides flourished in Brazil due to increasing awareness of sustainable practices.
• Argentina's Isosorbide market had a market share of USD 6.09 million in 2024 and is projected to grow at a CAGR of 10.0% during the forecast period. Argentina's increasing awareness of sustainable practices.
• Colombia Isosorbide market is projected to witness growth at a CAGR of 8.9% during the forecast period, with a market size of USD 3.23 million in 2024.
• Peru Isosorbide market is projected to witness growth at a CAGR of 9.3% during the forecast period, with a market size of USD 2.97 million in 2024.
• Chile Isosorbide market is projected to witness growth at a CAGR of 9.4% during the forecast period, with a market size of USD 2.61 million in 2024.
• The Rest of Latin America's Isosorbide market is projected to witness growth at a CAGR of 8.2% during the forecast period, with a market size of USD 5.84 million in 2024.

Middle East and Africa Isosorbide

According to Cognitive Market Research, the global Isosorbide market size was estimated at USD 725.5 Million, out of which the Middle East and Africa held the major market share of around 2% of the global revenue with a market size of USD 14.51 million in 2024 and will grow at a compound annual growth rate (CAGR) of 9.4% from 2024 to 2031..

• The GCC Countries Isosorbide market is projected to witness growth at a CAGR of 10.2% during the forecast period, with a market size of USD 6.21 million in 2024. Isosorbide sales flourish due to the rising industrial activities.
• The Egypt Isosorbide market is projected to witness growth at a CAGR of 9.7% during the forecast period, with a market size of USD 1.52 million in 2024.
• The South Africa Isosorbide market is projected to witness growth at a CAGR of 10.4% during the forecast period, with a market size of USD 2.29 million in 2024. Isosorbide sales flourished in South Africa due to rising industrial activities.
• The Turkey Isosorbide market is projected to witness growth at a CAGR of 8.9% during the forecast period, with a market size of USD 1.25 million in 2024.
• The Nigeria Isosorbide market is projected to witness growth at a CAGR of 8.5% during the forecast period, with a market size of USD 1.52 million in 2024.
• The Rest of the MEA Isosorbide market is projected to witness growth at a CAGR of 8.4% during the forecast period, with a market size of USD 1.71 million in 2024.

Isosorbide Market Analysis

Isosorbide Market Product type Segment Analysis

According to Cognitive Market Research, The oil-based isosorbide segment currently dominates the isosorbide market due to its wide-ranging applications in various industries, particularly in the production of lubricants, adhesives, and personal care products. This dominance can be attributed to the superior performance characteristics of oil-based formulations, including enhanced stability, improved viscosity, and better compatibility with other ingredients.

The water-based isosorbide category is the fastest-growing segment within the isosorbide market, primarily driven by the rising demand for eco-friendly and sustainable solutions across various applications. With an increasing emphasis on minimizing environmental impact, manufacturers are turning to water-based isosorbide as a viable alternative to traditional solvents, which are often associated with harmful emissions and health risks.

The above Chart is for representative purposes and does not depict actual sale statistics. Access/Request the quantitative data to understand the trends and dominating segment of Isosorbide Industry. Request a Free Sample PDF!

Isosorbide Market Application Segment Analysis

According to Cognitive Market Research, The polyethylene isosorbide terephthalate (PEIT) application currently dominates the isosorbide market due to its robust properties and extensive use in the packaging industry. PEIT combines the benefits of both isosorbide and polyethylene terephthalate (PET), offering superior thermal stability, mechanical strength, and clarity. These characteristics make it highly desirable for producing sustainable packaging solutions that are both lightweight and recyclable.

The polyurethane application is the fastest-growing segment in the isosorbide market, driven by its increasing adoption across various industries, including automotive, construction, and furniture. This growth can be attributed to the material's versatility, durability, and lightweight characteristics, making it ideal for producing high-performance foams, coatings, and adhesives.

The above Graph is for representation purposes only. This chart does not depict actual Market share.

Isosorbide End use Segment Analysis

Isosorbide Market End use Segment Analysis

According to Cognitive Market Research, The resins and polymers segment currently dominates the isosorbide market, primarily due to the widespread use of isosorbide in the production of high-performance thermoplastics and resins. Isosorbide-based resins offer enhanced properties such as improved thermal stability, mechanical strength, and chemical resistance, making them suitable for applications in industries like automotive, packaging, and construction.

The additives category is the fastest-growing segment in the isosorbide market, driven by the increasing need for performance-enhancing additives in various applications. Isosorbide-based additives are gaining popularity due to their ability to improve the processing and performance characteristics of plastics, coatings, and other materials.

• Resins and Polymers
• Additives
• Others

Author's Detail

David Fuller

Senior Analyst at Cognitive Market Research

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I am working as a Senior Analyst with Cognitive Market Research in the areas of Industry Survey and Market Research/Analytics. I collaborate with CXOs, VPs, and other senior executives to understand their data needs and provide solutions and business strategy building.

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