Japan Isosorbide Market Size & Outlook, 2023-2028
Japan isosorbide market, 2018-2028 (US$M)
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Japan isosorbide market highlights
- The Japan isosorbide market generated a revenue of USD 62.9 million in 2023 and is expected to reach USD 99.5 million by 2028.
- The Japan market is expected to grow at a CAGR of 9.6% 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 62.9 million |
| Market revenue in 2028 | USD 99.5 million |
| Growth rate | 9.6% (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, Japan accounted for 8.6% 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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Japan 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 26.23% in 2023. Horizon Databook has segmented the Japan 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.
Japan is the third-largest pharmaceuticals market in the world owing to its continuously aging population and increase in social healthcare awareness among the masses in the country. Biopharmaceuticals market in Japan is rapidly expanding with foreign companies providing over 70% of authorized biopharmaceuticals in the country.
Experts are observing a significant growth in biopharmaceuticals market in the country, as well as an increase in cooperation between Japan-based pharmaceutical companies and their global partners that are fueling innovations. Surging initiatives for the development of innovative drugs and bio-based pharmaceuticals are anticipated to augment the demand for isosorbide in Japan over the forecast period.
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Horizon Databook provides a detailed overview of country-level data and insights on the Japan isosorbide market , including forecasts for subscribers. This country databook contains high-level insights into Japan isosorbide market from 2018 to 2028, including revenue numbers, major trends, and company profiles.
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Japan isosorbide market size, by application, 2018-2028 (US$M)
Japan Isosorbide Market Outlook Share, 2023 & 2028 (US$M)
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