India Isosorbide Market Size & Outlook, 2023-2028
India isosorbide market, 2018-2028 (US$M)
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India isosorbide market highlights
- The India isosorbide market generated a revenue of USD 54.7 million in 2023 and is expected to reach USD 91.2 million by 2028.
- The India market is expected to grow at a CAGR of 10.8% 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.
Isosorbide market data book summary
| Market revenue in 2023 | USD 54.7 million |
| Market revenue in 2028 | USD 91.2 million |
| Growth rate | 10.8% (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 |
Other key industry trends
- In terms of revenue, India accounted for 7.5% of the global isosorbide market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2028.
- In Asia Pacific, China isosorbide market is projected to lead the regional market in terms of revenue in 2028.
- India is the fastest growing regional market in Asia Pacific and is projected to reach USD 91.2 million by 2028.
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Isosorbide Market Scope
Isosorbide Market Companies
| Name | Profile | # Employees | HQ | Website |
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India 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 25.23% in 2023. Horizon Databook has segmented the India 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.
India is emerging as a potential market for isosorbide in Asia Pacific owing to the easy availability of raw materials and low-cost labor and the significant presence of manufacturers of isosorbide in the country. Moreover, a few established manufacturers of isosorbide are trying to set up their production units in India.
For instance, the country has the presence of prominent players such as MANUS AKTTEVA BIOPHARMA LLP, Novaphene, and J P Laboratories Pvt. Ltd, who are responsible for putting the Indian market on the global platform in terms of trade volume and revenue generation.
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Horizon Databook provides a detailed overview of country-level data and insights on the India isosorbide market , including forecasts for subscribers. This country databook contains high-level insights into India isosorbide market from 2018 to 2028, including revenue numbers, major trends, and company profiles.
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India isosorbide market size, by application, 2018-2028 (US$M)
India Isosorbide Market Outlook Share, 2023 & 2028 (US$M)
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