China Isosorbide Market Size & Outlook, 2022-2030
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China isosorbide market highlights
- The China isosorbide market generated a revenue of USD 64.9 million in 2021 and is expected to reach USD 162.4 million by 2030.
- The China market is expected to grow at a CAGR of 10.4% from 2022 to 2030.
- In terms of segment, polyethylene isosorbide terephthalate (peit) was the largest revenue generating application in 2021.
- Polyethylene Isosorbide Terephthalate (PEIT) is the most lucrative application segment registering the fastest growth during the forecast period.
Isosorbide market data book summary
| Market revenue in 2021 | USD 64.9 million |
| Market revenue in 2030 | USD 162.4 million |
| Growth rate | 10.4% (CAGR from 2022 to 2030) |
| Largest segment | Polyethylene isosorbide terephthalate (peit) |
| Fastest growing segment | Polyethylene Isosorbide Terephthalate (PEIT) |
| Historical data | 2018 - 2020 |
| Base year | 2021 |
| Forecast period | 2022 - 2030 |
| 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, China accounted for 10.9% of the global isosorbide market in 2021.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China isosorbide market is projected to lead the regional market in terms of revenue in 2030.
- India is the fastest growing regional market in Asia Pacific and is projected to reach USD 110.3 million by 2030.
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Isosorbide Market Scope
Isosorbide Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Manus Aktteva Biopharma | View profile | 1-10 | New York, New York, United States, North America | http://www.manusaktteva.com/ |
| Novaphene | View profile | 51-100 | Mumbai, Maharashtra, India, Asia | https://novaphene.com |
| J and K Scientific | View profile | 101-250 | San Jose, California, United States, North America | https://www.jk-sci.com |
| Rocket Companies Inc Ordinary Shares Class A | View profile | 14700 | 1050 Woodward Avenue, Detroit, MI, United States, 48226 | https://ir.rocketcompanies.com |
| Jiayin Group Inc ADR | View profile | 925 | No. 428 South Yanggao Road, Room 26F, 18th Floor, Building No. 1, Youyou Century Plaza, Pudong New Area, Shanghai, China, People's Republic of, 200122 | http://www.jiayintech.cn |
China 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 30.82% in 2021. Horizon Databook has segmented the China 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 2030.
China is the largest and the fastest-growing market for isosorbide in Asia Pacific owing to the presence of large end-use industries such as pharmaceuticals, personal care products, bioplastics, and biopolymers in the country.
Presently, China is switching to bio-based or green alternatives of plastics. This is anticipated to lead to the surged demand for isosorbide in the country to produce bioplastics and biopolymers in the near future. China is one of the largest manufacturers of isosorbide in Asia Pacific. It also has the presence of large end-use industries such as biopolymers and bioplastics in the region.
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Target buyers of China isosorbide market databook
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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 country-level data and insights on the China isosorbide market , including forecasts for subscribers. This country databook contains high-level insights into China isosorbide market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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China isosorbide market size, by application, 2018-2030 (US$M)
China Isosorbide Market Outlook Share, 2021 & 2030 (US$M)
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