Market revenue in 2023 | USD 59.8 million |
Market revenue in 2028 | USD 86.8 million |
Growth rate | 7.7% (CAGR from 2023 to 2028) |
Largest segment | Polyethylene isosorbide terephthalate (peit) |
Fastest growing segment | Polyethylene Isosorbide Terephthalate (PEIT) |
Historical data | 2018 - 2022 |
Base year | 2023 |
Forecast period | 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 |
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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 25.42% in 2023. 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 2028.
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.
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 2028, including revenue numbers, major trends, and company profiles.
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