Asia Pacific Isosorbide Market Size & Outlook, 2023-2028
Asia Pacific isosorbide market, 2018-2028 (US$M)
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Asia Pacific isosorbide market highlights
- The Asia Pacific isosorbide market generated a revenue of USD 255.7 million in 2023.
- The market is expected to grow at a CAGR of 10.2% from 2024 to 2028.
- In terms of segment, polyethylene isosorbide terephthalate (peit) was the largest revenue generating application in 2023.
- Polyethylene Isosorbide Terephthalate (PEIT) is the most lucrative application segment registering the fastest growth during the forecast period.
- Country-wise, India is expected to register the highest CAGR from 2024 to 2028.
Asia Pacific data book summary
| Market revenue in 2023 | USD 255.7 million |
| Market revenue in 2028 | USD 415.7 million |
| Growth rate | 10.2% (CAGR from 2023 to 2028) |
| Largest segment | Polyethylene isosorbide terephthalate (peit) |
| Fastest growing segment | Polyethylene Isosorbide Terephthalate (PEIT) |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2028 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Polyethylene Isosorbide Terephthalate (PEIT), Polycarbonate, Polyurethane, Polyester Polyisosorbide Succinate (PIS), Isosorbide Diester, Other Applications |
| Key market players worldwide | Jiayin Group Inc ADR, Rocket Companies Inc Ordinary Shares Class A, J and K Scientific, Novaphene, Manus Aktteva Biopharma |
Other key industry trends
- In terms of revenue, Asia Pacific region accounted for 34.9% of the global isosorbide market in 2023.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2028.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 415.7 million by 2028.
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Isosorbide Market Scope
Isosorbide Market Companies
| Name | Profile | # Employees | HQ | Website |
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Asia Pacific isosorbide market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to isosorbide market will help companies and investors design strategic landscapes.
Polyethylene isosorbide terephthalate (peit) was the largest segment with a revenue share of 26.36% in 2023. Horizon Databook has segmented the Asia Pacific isosorbide market based on polyethylene isosorbide terephthalate (peit), polycarbonate, polyurethane, polyester polyisosorbide succinate (pis), isosorbide diester, other applications covering the revenue growth of each sub-segment from 2018 to 2028.
Asia Pacific is assessed to be the fastest-growing region in the global isosorbide market over the forecast period. This growth can be attributed to the easy availability of raw materials, cheap labor, and the expansion of end-use industries such as pharmaceutical, personal care, nutraceutical, and cosmetics. All the prominent players in the market are situated in Asia Pacific.
Asia Pacific is anticipated to dominate the global isosorbide market owing to the presence of some of the largest polymer manufacturers as well as a large clientele base. Owing to the significant driving factors such as a shortage of fossil fuel resources, rising product demand from developing nations such as Indonesia, Thailand, and Malaysia, and fluctuating petroleum prices, Asia Pacific bioplastics market is likely to rise at a fast pace.
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Our clientele includes a mix of isosorbide market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of continent-level data and insights on the Asia Pacific isosorbide market , including forecasts for subscribers. This continent databook contains high-level insights into Asia Pacific isosorbide market from 2018 to 2028, including revenue numbers, major trends, and company profiles.
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Asia Pacific isosorbide market size, by country, 2018-2028 (US$M)
Asia Pacific Isosorbide Market Outlook Share, 2023 & 2028 (US$M)
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