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Isophorone Market Size By Application, Industry Analysis Reports, Regional Outlook (North America, Europe, Asia Pacific, Middle East & Africa, And South America), Growth Potential, Price Trends, Competitive Market Shares & Forecast 2023 - 2030

ID : MRU_22728 | Date : Jan, 2023 | Pages : 168 | Region : Global

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Isophorone is a clear colorless liquid, with a camphor-like odor. Less dense than water and insoluble in water, boiling point 420°F, flash point near 200°F. Contact irritates skin and eyes; Toxic by ingestion; Used as a solvent and in pesticides.
The Isophorone industry is highly concentrated, there are only no more than ten manufacturers in the world, and high-end products mainly come from North America and Western Europe.

In the world wide, major manufactures are Evonik, Dow, Arkema, QianYan, SI Group and etc. In the last several years, global market of Isophorone developed fast, with an average growth rate of 9%. In 2015, global capacity of Isophorone is nearly 344K MT, and the actual production is about 240K MT.

2 EU is the largest producer (production 109 K MT in 2015) and consumer (consumption 109 K MT in 2015) of Isophorone, and is expected to retain the higher growth rate during the next five years due to strong growth in downstream industry.

The second place is North America, following EU with the sales market share of 22% and the production market share nearly 28%. Some players in USA have plants in EU.

China is another important market of Isophorone, enjoying 22% production market share and 34% sales market share. China had a long time when it had to depend on foreign Isophorone and there was no Chinese manufactures in China. Now Qian Yan is the biggest Chinese player, and a new player-Huanxin has built its factory of Isophorone. There are also some foreign plants of Isophorone in China.

Main players are from USA and Europe, like Evonik, DOW, Arkema, and they have many plants in other regions. China also can supply Isophorone, but the products are mainly consumed in China.

Market competition is intense. Evonik, DOW, Arkema, etc. are the leaders of the industry, and hold key technologies, with high-end customers, have been formed in the monopoly position in the industry. However, with further expanding market, there will be more manufactures in the future.


The Global Isophorone Market was valued at xxx million USD with a CAGR xx% from 2018-2022. Subsequently, it will touch xxx million USD in 2023 with a CAGR xx % from 2023 - 2030.

In the global Isophorone Market, This report focuses particularly in North America, South America, Europe and Asia-Pacific, and Middle East and Africa. This report classifies the Market on the basis of application, type, regions, and manufactures.

In Market segmentation by manufacturers, the report covers the following companies-

Evonik
DOW
Arkema
SI Group
Qian Yan
In Market segmentation by geographical regions, the report has analysed the following regions-
North America (USA, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Columbia etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)

In Market segmentation by types :

Liquid Condensation
Solid Heterogeneous Catalytic Condensation
Other
In Market segmentation by applications :

IPDA/IPDI
Pesticide
Disinfectants
Others

The research provides answers to the following key questions:
• What is the estimated growth rate and Market share and size of the Isophorone Market for the forecast period 2023 - 2030?
• What are the driving forces in the Isophorone Market for the forecast period 2023 - 2030?
• Who are the prominent Market players and how have they gained a competitive edge over other competitors?
• What are the Market trends influencing the progress of the Isophorone industry worldwide?
• What are the major challenges and threats restricting the progress of the industry?
• What opportunities does the Market hold for the prominent Market players?
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