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Isophorone Market Analysis, Share, Industry & Revenue [2030]
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Isophorone Market Analysis, Share, Industry & Revenue [2030]

Segments - Isophorone Market by End-users (Adhesives, Agrochemicals, Paints and Coatings, Artificial Leather, Printing Inks, Composites, and Others) and Regions (Asia Pacific, North America, Latin America, Europe, and Middle East & Africa) - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast 2021 – 2028

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Author : Riddhesh Dani
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Fact-checked by : Harneet Meher
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Editor : Shruti Bhat

Upcoming | Report ID :MC-3760 | 4.5 Rating | 71 Reviews | 165 Pages | Format : PDF Excel PPT

Report Description


The global isophorone market size is expected to register a significant CAGR during the forecast period, 2021–2028. The growth of the market is attributed to the expanding demand for application of isophorone in UV-cured coatings.

Isophorone Market key takeaways

Isophorone contains α, β- unsaturated cyclic ketone. This chemical compound is in liquid state, which has no color but has peppermint-like odor. Isophorone is use as a solvent and catalyst for polymers. It is manufactured on huge scale in the industry. Isophorone is insoluble is water and it has less density than water. Isophorone is generally used for manufacturing paints, printing inks, adhesives, and lacquers.

Under hydrogenation of Isophorone, it gives derivative of cyclohexanone and on epoxidation with hydrogen peroxide it provides the oxide. Hydroxyl radicals weaken the isophorone. It naturally occurs in cranberries. Isophorone is utilized as an unrefined substance in the creation of a few synthetics attributable to its uncommon atomic design. It is used as intermediary in organic synthesis and applied as a corrosion resistant on scaffolding, bridges, and sluices in the construction industry. Isophorone is considered as a vital chemical for wood preservation. It also offer fuel to improve its properties.

The COVID-19 outbreak has limited the man power in the manufacturing facility, hampering the market growth. However, the relaxation in restrictions is expected to help the market recover completely by end of 2021.

  • Growing awareness of its benefits such as its ability to enhance the fluidity of coating is anticipated to spur the growth of the market.
  • Increasing demand for adhesives is estimated to propel the market growth.
  • Implementation of strict government regulations can contribute to the growth of the market.
  • Toxic effect of isophorone can hinder the market growth in the projected timeline.
  • Synthesis of renewable high-density fuel with isophorone is anticipated to create lucrative opportunities in the coming years.

Scope of the Report

The report on the global isophorone market includes an assessment of the market, trends, segments, and regional markets. Overview and dynamics have also been included in the report.

Attributes

Details

Report Title

Isophorone Market - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast

Base Year

2020

Historic Data

2018–2019

Forecast Period

2021–2028

Segmentation

End-users (Adhesives, Agrochemicals, Paints and Coatings, Artificial Leather, Printing Inks, Composites, and Others)

Regional Scope

Asia Pacific, North America, Latin America, Europe, and Middle East & Africa

Report Coverage

Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast

Key Players Covered in the Report

Chain Fong; Arkema Group; Evonik Industries AG; Merck Group; and BASF SE.

Isophorone Market Segment Insights

Adhesives segment is anticipated to exhibit a high CAGR

In terms of end-users, the market is categorized as adhesives, agrochemicals, paints and coatings, artificial leather, printing inks, composites, and others. The adhesives segment is projected to expand at a considerable CAGR during the forecast period. Isophorone is use as an hardening material during the formation of adhesives. Adhesives are used in polyvinyl chloride, plastic, and polystyrene. In the construction industry adhesives are used in many applications such as ceramic tiles, drywall lamination and joint cements, resilient flooring, manufactured housing, wall covering, carpet laying, concrete, flooring underlayment, and pre-finished panels. Its physical properties such as resistance to UV light , salt water, rain, and other weathering conditions, high cohesive strength, bonding toward many substances, resistance against thermal expansion, and wide usage in paper bonding is driving the growth of the market segment. The adhesives market is broad and incorporates numerous applications for the transportation business, For instance, it is widely used in the aviation, rail, and automotive industries.

Isophorone Market by end users

North America is anticipated to constitute a key market share

On the basis regions, the market is categorized as Asia Pacific, North America, Latin America, Europe, and Middle East & Africa. North America is expected to constitute a key share of the market during the projected period due to increasing construction activities , which is rising the demand for paints and coating in the region. Furthermore, rising usage of printing inks in the textile and packaging industry is propelling the regional market growth.

Isophorone Market by regions

Segments

Segments Covered in the Report
The global isophorone market is segmented on the basis of:

End-users

  • Adhesives
  • Agrochemicals
  • Paints and Coatings
  • Artificial Leather
  • Printing Inks
  • Composites
  • Others
Regions
  • Asia Pacific
  • North America
  • Latin America
  • Europe
  • Middle East & Africa
Key Players
  • Chain Fong
  • Arkema Group
  • Evonik Industries AG
  • Merck Group
  • BASF SE

Competitive Landscape

The key players competing in the isophorone market are Chain Fong; Arkema Group; Evonik Industries AG; Merck Group; and BASF SE.

Isophorone Market by key players

Table Of Content

1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Isophorone Market Overview
  4.1. Introduction
     4.1.1. Market Taxonomy
     4.1.2. Market Definition
  4.2. Macro-Economic Factors
     4.2.1. Industry Outlook
  4.3. Isophorone Market Dynamics
     4.3.1. Market Drivers
     4.3.2. Market Restraints
     4.3.3. Opportunity
     4.3.4. Market Trends
  4.4. Isophorone Market - Supply Chain
  4.5. Global Isophorone Market Forecast
     4.5.1. Isophorone Market Size (US$ Mn) and Y-o-Y Growth
     4.5.2. Isophorone Market Size (000’ Units) and Y-o-Y Growth
     4.5.3. Isophorone Market Absolute $ Opportunity
5. Global Isophorone Market Analysis and Forecast by End Users
  5.1. Market Trends
  5.2. Introduction
     5.2.1. Basis Point Share (BPS) Analysis by End Users
     5.2.2. Y-o-Y Growth Projections by End Users
  5.3. Isophorone Market Size and Volume Forecast by End Users
     5.3.1. Adhesives
     5.3.2. Agrochemicals
     5.3.3. Paints and Coatings
     5.3.4. Artificial Leather
     5.3.5. Printing Inks
     5.3.6. Composites
     5.3.7. Others
  5.4. Absolute $ Opportunity Assessment by End Users
  5.5. Market Attractiveness/Growth Potential Analysis by End Users
6. Global Isophorone Market Analysis and Forecast by Region
  6.1. Market Trends
  6.2. Introduction
     6.2.1. Basis Point Share (BPS) Analysis by Region
     6.2.2. Y-o-Y Growth Projections by Region
  6.3. Isophorone Market Size and Volume Forecast by Region
     6.3.1. North America
     6.3.2. Latin America
     6.3.3. Europe
     6.3.4. Asia Pacific
     6.3.5. Middle East and Africa (MEA)
  6.4. Absolute $ Opportunity Assessment by Region
  6.5. Market Attractiveness/Growth Potential Analysis by Region
  6.6. Global Isophorone Demand Share Forecast, 2019-2026
7. North America Isophorone Market Analysis and Forecast
  7.1. Introduction
     7.1.1. Basis Point Share (BPS) Analysis by Country
     7.1.2. Y-o-Y Growth Projections by Country
  7.2. North America Isophorone Market Size and Volume Forecast by Country
     7.2.1. U.S.
     7.2.2. Canada
  7.3. Absolute $ Opportunity Assessment by Country
  7.4. North America Isophorone Market Size and Volume Forecast by End Users
     7.4.1. Adhesives
     7.4.2. Agrochemicals
     7.4.3. Paints and Coatings
     7.4.4. Artificial Leather
     7.4.5. Printing Inks
     7.4.6. Composites
     7.4.7. Others
  7.5. Basis Point Share (BPS) Analysis by End Users
  7.6. Y-o-Y Growth Projections by End Users
  7.7. Market Attractiveness/Growth Potential Analysis
     7.7.1. By Country
     7.7.2. By Product Type
     7.7.3. By Application
  7.8. North America Isophorone Demand Share Forecast, 2019-2026
8. Latin America Isophorone Market Analysis and Forecast
  8.1. Introduction
     8.1.1. Basis Point Share (BPS) Analysis by Country
     8.1.2. Y-o-Y Growth Projections by Country
     8.1.3. Latin America Average Pricing Analysis
  8.2. Latin America Isophorone Market Size and Volume Forecast by Country
      8.2.1. Brazil
      8.2.2. Mexico
      8.2.3. Rest of Latin America
   8.3. Absolute $ Opportunity Assessment by Country
  8.4. Latin America Isophorone Market Size and Volume Forecast by End Users
     8.4.1. Adhesives
     8.4.2. Agrochemicals
     8.4.3. Paints and Coatings
     8.4.4. Artificial Leather
     8.4.5. Printing Inks
     8.4.6. Composites
     8.4.7. Others
  8.5. Basis Point Share (BPS) Analysis by End Users
  8.6. Y-o-Y Growth Projections by End Users
  8.7. Market Attractiveness/Growth Potential Analysis
     8.7.1. By Country
     8.7.2. By Product Type
     8.7.3. By Application
  8.8. Latin America Isophorone Demand Share Forecast, 2019-2026
9. Europe Isophorone Market Analysis and Forecast
  9.1. Introduction
     9.1.1. Basis Point Share (BPS) Analysis by Country
     9.1.2. Y-o-Y Growth Projections by Country
     9.1.3. Europe Average Pricing Analysis
  9.2. Europe Isophorone Market Size and Volume Forecast by Country
     9.2.1. Germany
     9.2.2. France
     9.2.3. Italy
     9.2.4. U.K.
     9.2.5. Spain
     9.2.6. Russia
     9.2.7. Rest of Europe
  9.3. Absolute $ Opportunity Assessment by Country
  9.4. Europe Isophorone Market Size and Volume Forecast by End Users
     9.4.1. Adhesives
     9.4.2. Agrochemicals
     9.4.3. Paints and Coatings
     9.4.4. Artificial Leather
     9.4.5. Printing Inks
     9.4.6. Composites
     9.4.7. Others
  9.5. Basis Point Share (BPS) Analysis by End Users
  9.6. Y-o-Y Growth Projections by End Users
  9.7. Market Attractiveness/Growth Potential Analysis
     9.7.1. By Country
     9.7.2. By Product Type
     9.7.3. By Application
  9.8. Europe Isophorone Demand Share Forecast, 2019-2026
10. Asia Pacific Isophorone Market Analysis and Forecast
  10.1. Introduction
     10.1.1. Basis Point Share (BPS) Analysis by Country
     10.1.2. Y-o-Y Growth Projections by Country
     10.1.3. Asia Pacific Average Pricing Analysis
  10.2. Asia Pacific Isophorone Market Size and Volume Forecast by Country
     10.2.1. China
     10.2.2. Japan
     10.2.3. South Korea
     10.2.4. India
     10.2.5. Australia
     10.2.6. Rest of Asia Pacific (APAC)
  10.3. Absolute $ Opportunity Assessment by Country
  10.4. Asia Pacific Isophorone Market Size and Volume Forecast by End Users
     10.4.1. Adhesives
     10.4.2. Agrochemicals
     10.4.3. Paints and Coatings
     10.4.4. Artificial Leather
     10.4.5. Printing Inks
     10.4.6. Composites
     10.4.7. Others
  10.5. Basis Point Share (BPS) Analysis by End Users
  10.6. Y-o-Y Growth Projections by End Users
  10.7. Market Attractiveness/Growth Potential Analysis
     10.7.1. By Country
     10.7.2. By Product Type
     10.7.3. By Application
  10.8. Asia Pacific Isophorone Demand Share Forecast, 2019-2026
11. Middle East & Africa Isophorone Market Analysis and Forecast
  11.1. Introduction
     11.1.1. Basis Point Share (BPS) Analysis by Country
     11.1.2. Y-o-Y Growth Projections by Country
     11.1.3. Middle East & Africa Average Pricing Analysis
  11.2. Middle East & Africa Isophorone Market Size and Volume Forecast by Country
     11.2.1. Saudi Arabia
     11.2.2. South Africa
     11.2.3. UAE
     11.2.4. Rest of Middle East & Africa (MEA)
  11.3. Absolute $ Opportunity Assessment by Country
  11.4. Middle East & Africa Isophorone Market Size and Volume Forecast by End Users
     11.4.1. Adhesives
     11.4.2. Agrochemicals
     11.4.3. Paints and Coatings
     11.4.4. Artificial Leather
     11.4.5. Printing Inks
     11.4.6. Composites
     11.4.7. Others
  11.5. Basis Point Share (BPS) Analysis by End Users
  11.6. Y-o-Y Growth Projections by End Users
  11.7. Market Attractiveness/Growth Potential Analysis
     11.7.1. By Country
     11.7.2. By Product Type
     11.7.3. By Application
  11.8. Middle East & Africa Isophorone Demand Share Forecast, 2019-2026
12. Competition Landscape
  12.1. Global Isophorone Market: Market Share Analysis
  12.2. Isophorone Distributors and Customers
  12.3. Isophorone Market: Competitive Dashboard
  12.4. Company Profiles (Details: Overview, Financials, Developments, Strategy)
     12.4.1. Chain Fong
     12.4.2. Arkema Group
     12.4.3. Evonik Industries AG
     12.4.4. Merck Group
     12.4.5. BASF SE

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