Isosorbide Market Analysis, Growth Trends, and Segment Forecasts, 2012 to 2020

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Isosorbide Market Analysis, Growth Trends and Segment

Forecasts, 2012 To 2020

The global market for isosorbide is expected to reach USD 324.6 million by 2020. The quest for replacing

synthetic products with sustainable equivalents based on renewable resources has driven isosorbide

exploration as a platform in the industry. Grand View Research further observes the growing end-use

industries such as cosmetics and personal care are expected to contribute to the growth of the market.

Moreover, due to the increasing concern regarding toxic chemical components, the industry is now

focusing on bio-based products such as isosorbide.

PEIT (Polyethylene Isosorbide Terephthate) emerged as the leading application segment for isosorbide

and accounted for 36.8% of the total isosorbide consumed in 2012. PEIT along with being the biggest

application is also expected to be the fastest growing application segment for isosorbide at an estimated

CAGR of 23.8% from 2013 to 2020.

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Other polymer applications such as polycarbonate, polyurethane and isosorbide diesters among others

are expected to witness moderate growth in the future owing to continuous efforts in research and

development of isosorbide derivatives for polymer applications. However, the conventional applications

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of isosorbide in pharmaceutical sector are relatively expected to witness sluggish growth over the

forecast period.

Further key findings from the study suggest:

The global isosorbide market is expected to be 324.6 million by 2020 growing at a CAGR of 19.7% from

2013 to 2020.

Resins and polymers emerged as the largest end-use industry for isosorbide...