Isosorbide Market Outlook: Growth Drivers and Market Forecast for 2024 and Beyond

The market is driven by favorable regulatory policies promoting the use of bio-based products, coupled with high consumer awareness regarding the toxicity of synthetic products.

Isosorbide Industry Overview 

The global isosorbide market size is expected to reach USD 1.30 billion by 2030, as per the new report by Grand View Research, Inc., expanding at a CAGR of 9.1% from 2022 to 2030. The market is driven by favorable regulatory policies promoting the use of bio-based products, coupled with high consumer awareness regarding the toxicity of synthetic products.

 

The global market is established with major applications in bio-based thermoplastics products. The product derivatives are used in polymers, plasticizers, solvents, and medicines. Isosorbide dinitrate, one of the derivatives of the product, is widely consumed for angina medication. Continuous research and development activities in the industry are expected to enhance the polymer applications of the products.

Gather more insights about the market drivers, restrains and growth of the Isosorbide Market 


The product is commercially available mainly in two grades, namely polymer grade and technical grade. Polymer grade is majorly consumed for polyethylene, polycarbonate, and polyurethane. Technical grade is classified as dimethyl isosorbide, isosorbide diester, isosorbide dinitrate, and isosorbide mononitrate. These derivatives of the product find major applications in the pharmaceutical and cosmetic and personal care sectors. PEIT emerged as the leading application segment in 2021 owing to the growing demand for bio-based PET.

Asia Pacific emerged as the largest market in 2021. Factors such as the availability of bio-feedstock, adoption of novel bio-based value chains, government policies, and business sustainability programs are expected to influence the demand for plant-based products in the region.

The dynamics of the global market are impacted by multiple factors such as increasing focus on a high-quality product depending on its applications in emerging markets and increasing legislation concerning the sustainability of chemicals. Moreover, sustainability has emerged as one of the prominent trends among manufacturers as it positively impacts their brand image among well-aware consumers across developed countries such as the U.S. and the UK.

 

Browse through Grand View Research's Renewable Chemicals Industry Research Reports.

  • The global biodegradable mulch films market size was estimated at USD 50.75 billion in 2024 and is expected to grow at a CAGR of 8.9% from 2025 to 2030. 

  • The global bio-polyamide market size was valued at USD 258.07 million in 2024 and is expected to grow at a CAGR of 20.50% from 2025 to 2030.

 

 

Isosorbide Market Segmentation

 

Grand View Research has segmented the global isosorbide market on the basis of end-use, application, and region:


Isosorbide End-use Outlook (Volume, Tons; Revenue, USD Million, 2018 - 2030)

  • Resins & Polymers
  • Additives
  • Others


Isosorbide Application Outlook (Volume, Tons; Revenue, USD Million, 2018 - 2030)

  • Polyethylene Isosorbide Terephthalate (PEIT)
  • Polycarbonate
  • Polyurethane
  • Polyester Polyisosorbide Succinate (PIS)
  • Isosorbide Diesters
  • Others

 

Isosorbide Regional Outlook (Volume, Tons; Revenue, USD Million, 2018 - 2030)

  • North America
    • US
  • Europe
    • Germany
    • UK
    • France
  • Asia Pacific
    • China
    • India
    • Japan
  • Central & South America
  • Middle East & Africa

 

 Key Companies profiled:

 

  • J&K Scientific Ltd.
  • Jinan Hongbaifeng Industry & Trade Co., Ltd.
  • Novaphene
  • Roquette Frères
  • MANUS AKTTEVA BIOPHARMA LLP

 

 

Order a free sample PDF of the Isosorbide Market Intelligence Study, published by Grand View Research.

 


nayara

638 Blog posts

Comments