Isophorone Market 2024-2028
The isophorone market is forecasted to grow by USD 2036 mn during 2023-2028, accelerating at a CAGR of 5.7% during the forecast period. The report on the isophorone market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by growing demand from construction and food packaging applications, high demand from developing economies, and automotive industry driving demand for paints and coatings.
Technavio's isophorone market is segmented as below:
By Application
- Adhesives
- Composites
- Printing inks
- Artificial leather
- Others
By Geographical Landscape
- North America
- Europe
- APAC
- Middle East and Africa
- South America
This study identifies the emerging application areas for adhesives as one of the prime reasons driving the isophorone market growth during the next few years. Also, continuous development of new products and increase in number of mergers and acquisitions will lead to sizable demand in the market.
The report on the isophorone market covers the following areas:
- Isophorone Market sizing
- Isophorone Market forecast
- Isophorone Market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading isophorone market vendors that include Arkema, BASF SE, Covestro AG, Dow Inc., Evonik Industries AG, Henan GP Chemicals Co. Ltd., Jiangsu Huanxin High tech Materials Co. Ltd., K. Rasiklal Exim Pvt. Ltd., LGC Science Group Holdings Ltd., Merck KGaA, Minolta Chem, Ningbo Qianyan New Material Technology Co. Ltd., Parsol chemicals Ltd., Penta Manufacturing Co., Ravago, Sanjay Chemicals India Pvt. Ltd., SI Group Inc., Thermo Fisher Scientific Inc., Tokyo Chemical Industry Co. Ltd., and Vardhman Enterprise. Also, the isophorone market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.