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Worldwide Isosorbide Industry Trends and Market Segment Forecasts To 2020 - Market Players Growth And Analysis

Press Release   •   Dec 20, 2013 02:17 EST

The advent of renewable chemistry, as an enabler for sustainable products has resulted in constant exploration of potential platforms for downstream chemicals. Isosorbide has emerged as such a platform chemical, with potential applications across a host of industries including polymers, resins and additives. Isosorbide is a bio-based chemical made from glucose that is also known as D-Isosorbide or D-sorbitol. It is a renewable platform chemical used for downstream chemical production and can be used in polymers, solvents and surfactants among others. It has the potential of replacing fossil resource based products in applications such as monomers, polymers, solvents, and functional materials. 

Derivatives of isosorbide include isosorbide mononitrate and isosorbide dinitrate and find applications in the medical sector. Isosorbide has been produced and consumed in small quantities globally for a long time now; however, recent technological developments in the industry have been promoting its use in a wide range of applications. It finds application in various polymers such as polyethylene, polycarbonate, polyurethane, and plasticizers.The major application of isosorbide is copolymerization with polyethylene terephthalate (PET) to enhance the strength of the polymer. Some of the other applications of isosorbide include industrial solvents, pharmaceuticals, and personal care products. In medical applications, it is used to cure angina pectoris, hydrocephalus and glaucoma. 

Proved potential of isosorbide for its application in various polymers has attracted number of companies and researchers to develop bio-based polymers based on isosorbide. Among different studies going on, Iowa Corn Promotion Board in conjunction with the U.S. Department of Agriculture has been assessing isosorbide potential for polymer application. The study by Iowa has proven addition of bio-based isosorbide in polyethylene terephthlate (PET) enhances the strength and rigidity of the polymer.

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Roquette, a major player in the market focuses on bio-based intermediates, and has been manufacturing isosorbide since many years. The company launched its isosorbide polymer range for various applications in 2007. It is persistently engaged in research and development of polymers with bio-based products.Roquette has been manufacturing specialty polymers such as polyesters, polycarbonate and polyurethane families. Isosorbide improves functional properties such as heat and UV resistance, chemical resistance and mechanical properties. The company has patented technology for isosorbide application in polymers and has collaborated with polymer giant such as Mitsubishi Chemicals. 

Our market research study takes a closer look at the isosorbide industry, providing a holistic perspective on market dynamics, trends, supply and demand. Our report deep-dives into the market and segments it on multiple levels and providing key insights on a macro as well as micro level. The study aims at providing granular information, regarding estimates and forecasts for key applications including PEIT (polyethylene isosorbide terephthalate), polycarbonates, polyurethanes, isosorbide diesters among others. Additionally, the report also provides perspective on the end-use industry demand for isosorbide, along with yearly forecast up to 2020. The report also provides the same level of information for key regional markets.

The research report analyzes various factors which has been driving and inhibiting the global isosorbide market in the past. In addition, the research report analyzes the impact of each driver and restraint on the market growth based on which the market is forecasted. The report also showcases the opportunities available in the market which may act as future drivers for the market.

Our market research reports and developed using a 3600 methodology, which provides a balance between published authenticated data and exclusive primary research. We conduct exhaustive primary interviews with key industry participants, in order to enable readers to get a realistic feel of the industry pulse and facilitate decision making. Our unique excel-based reports not only provide key insights on the industry, but also quick and easy data access, with enhanced usability at minimum effort.

 Our market research study attempts to provide insights to senior and top-level management, on critical industry questions such as the current and expected isosorbide revenue, drivers, restraints, opportunities and key trends in the market and how will these trends impact the market in coming years. Demand estimate and forecast for key application segments in the market, broken down by region have been provided in the study. The report also throws light on key industries for growth opportunities for manufacturers, distributors and suppliers and the competitive landscape along with market presence of key participants.

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