Germany Isosorbide Market Size & Outlook, 2022-2030
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Germany isosorbide market highlights
- The Germany isosorbide market generated a revenue of USD 49.3 million in 2021 and is expected to reach USD 99.4 million by 2030.
- The Germany market is expected to grow at a CAGR of 7.8% 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 49.3 million |
| Market revenue in 2030 | USD 99.4 million |
| Growth rate | 7.8% (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, Germany accounted for 8.3% 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 Europe, Germany isosorbide market is projected to lead the regional market in terms of revenue in 2030.
- Germany is the fastest growing regional market in Europe and is projected to reach USD 99.4 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 |
Germany 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 27.99% in 2021. Horizon Databook has segmented the Germany 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.
Germany was the largest consumer of bioplastics in Europe in 2020 owing to the presence of a large number of research and development and production facilities of bioplastic companies in the country.
Several Germany-based bioplastic manufacturers including AD Bioplastics, BIOTEC, etc. are increasingly investing in research and development activities for producing plant-based sustainable ingredients and additives for the production of bioplastics.
Moreover, the presence of strict regulations regarding the usage of conventional plastics, the surged environmental concerns about plastic waste, and the establishment of bioplastic standards, such as EN 13432 are contributing to the growth of bioplastics market in Germany.
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Horizon Databook provides a detailed overview of country-level data and insights on the Germany isosorbide market , including forecasts for subscribers. This country databook contains high-level insights into Germany isosorbide market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Germany isosorbide market size, by application, 2018-2030 (US$M)
Germany Isosorbide Market Outlook Share, 2021 & 2030 (US$M)
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