Isophthaloyl Chloride (ICL) Market

Global Isophthaloyl Chloride (ICL) Market by Type (Solid Isophthaloyl Chloride, Liquid Isophthaloyl Chloride), By Application (Fibers & Polymers, Pharmaceuticals, Pesticides, Dyes & pigments), and Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa)

  • Report ID: MC-80
  • Author: Growth Market Reports
  • Rating: 4.7
  • Total Reviews: 15
  • No. Of Pages: 131
  • Format:
  • Pub. Date: 2020-11-01
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Market Outlook:

The global Isophthaloyl Chloride (ICL) market was valued at USD 1,761.2 Million in 2019 and is projected to reach USD 3,266.1 Million by 2027, expanding at a CAGR of 7.8% during the forecast period. Isophthaloyl Chloride (ICL) is used in a variety of performance polymers and fibers, where it impacts flame resistance, temperature stability, chemical resistance, and flexibility. In addition, it is an effective stabilizer for urethane prepolymers due to its ability to scavenge water. Physical Properties of the Chemical or Product: Isophthaloyl Chloride is a clear water-white liquid above its freezing point and a white crystalline solid at room temperature. Isophthaloyl Chloride has a boiling point of 272 °C and a melting point of 45 °C. Isophthaloyl Chloride is non-flammable and non-explosive. Moreover, Isophthaloyl Chloride acts as a crosslinking agent in various polymerization reactions. It can also be used for aromatic fiber raw materials, used as a pesticide, pharmaceutical, and polymer intermediates.

Global Isophthaloyl Chloride (ICL) Market Summary

Market Dynamics
Market Driver

Reaching the untapped rural market: Although urbanization continues, global population in regions like India still resides in rural areas. As already noted, the population residing in villages has significantly reduced access to quality treatment and medicines. Many pesticides companies are thinking beyond larger cities and targeting rural sectors. While urban markets are currently more lucrative and will continue to represent a focus for the industry, the untapped potential of Indian rural markets is now seen as the next volume driver. Rising income levels leading to more affordability, improving health infrastructure, and increasing incidence of lifestyle diseases along with the use of health insurance are fueling the growth in rural areas.

Market Restraints
Environmental exposure: Based on closed systems operations, no emissions would be expected. The substance itself is of no immediate concern for the environment (aquatic and terrestrial compartment. However, contact with moisture or water will create Hydrochloric Acid within the environment.

Side effects on Human Health: Causes severe skin burns. May cause corrosion with pain, ulceration or blisters, cracking or peeling of skin damage may be permanent. Extremely corrosive and destructive to tissue. Eye Corrosive, may cause permanent eye injury if not promptly treated. May cause tearing, pain, redness, swelling, ulceration, visual impairment or blindness. Respiratory tract may cause irritation of the respiratory system.

Segmental Outlook

Based on types, the Solid Isophthaloyl Chloride segment was the largest product segment in the global Isophthaloyl Chloride (ICL) market in 2019. The segment contributed at 65.8% of the global market value in the same year. The Solid Isophthaloyl Chloride segment is expected to dominate throughout the period, 2020-2027 and also anticipated to expand highest CAGR during the forecast. Solid Isophthaloyl Chloride accounts for the largest segment in terms of value and volume. Solid isophthaloyl chloride is most commonly used as a laboratory chemical. Whereas it is not used for food, drug, pesticide or biocidal product. Solid Isophthaloyl Chloride has density 1.427g/cm3 with melting point - 43-45 and boiling point - 276.7°C at 760 mmHg. The flash point of solid isophthaloyl chloride is 131.9°C. In addition, solid isophthaloyl chloride has reactive water solubility. Moreover, it is corrosive. It also causes eye and skin burns. It can be harmful if absorbed through the skin. It may cause severe respiratory tract irritation with possible burns. It also may cause severe digestive tract irritation with possible burns. Most probably it is moisture sensitive.

Application category is further bifurcated into Fibers & Polymers, Pharmaceuticals, Pesticides, Dyes & pigments. Fibers & Polymers segment holds in the highest value share (35.8%) in 2019. Fibers & Polymers, Pharmaceuticals, and Pesticides together hold majority of the market. Fibers & Polymers category is expected to expand at highest CAGR (7.3%) during the forecast, 2020-2027.

Global Isophthaloyl Chloride (ICL) Market By Type

Regional Outlook

In terms of regions, the market has been segmented into North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa. Asia Pacific is a promising region for the market. It constituted a ~58.0% share of the market in 2019. New energy infrastructure and radical changes in current energy production, towards renewable energy sources, creates opportunities for Isophthaloyl Chloride in China which holds majority of the Asia Pacific market. The market of Asia Pacific is projected to expand at a CAGR of ~7.0% during the forecast period. Europe and North America are expected to register modest growth owing to the growing demand in the chemical sector in North America. Growing industries for chemical helps the Isophthaloyl Chloride (ICL) market to grow in North America region.

Global Isophthaloyl Chloride (ICL) Market By Region

Competitive Landscape

  • The prominent manufacturers operating in the Isophthaloyl Chloride (ICL) Market include DuPont, CABB Chemicals, Shandong Kaisheng New Materials, Changzhou Kefeng, Yantai Yuxiang, Qingdao Benzo, Ruiyuan Chemical. The report describes Consumption (K Kgs), Revenue (USD Million), price, recent developments etc.
  • The China region is expected to be most attractive index in the global Isophthaloyl Chloride (ICL) market. Dense presence of industries and large material processing and manufacturing industries is expected to fuel the demand for Isophthaloyl Chloride.
  • In July 2019, CABB Chemicals and Jayhawk formed a strategic partnership to explore additional transatlantic opportunities to combine technologies and optimize processes. This process began in August 2018, when Evonik sold its Jayhawk subsidiary in Galena, Kansas, to the private equity firm Permira, which already owned CABB Chemicals, for a sum said to be in “the high double-digit million dollar range”. CABB and Jayhawk see huge opportunities in speciality chemicals. This is driven by demand for innovative and more complex molecules as a result of new chemical and functional requirements in growth segments like e-mobility, healthcare and personal care, increasing demands on sustainability, increasingly stringent regulation, cost pressure, and the stress of competition, all exacerbated by the unstable supply situation in China.

Global Isophthaloyl Chloride (ICL) Market By Key Players

Key Benefits for Industry Participants & Stakeholders

  • In-depth Analysis of the Global Isophthaloyl Chloride (ICL) Market
  • Historical, Current and Projected Market Size in terms of Value (USD Million), Consumption (K Kgs)
  • Potential & Niche Segments and Regions Exhibiting Promising Growth Covered
  • Industry Drivers, Restraints and Opportunities Covered in the Study
  • Recent Industry Trends and Developments
  • Competitive Landscape & Strategies of Key Players
  • Neutral Perspective on Global Isophthaloyl Chloride (ICL) Market Performance
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Isophthaloyl Chloride (ICL) Market Overview
   4.1 Introduction
      4.1.1 Market Taxonomy
      4.1.2 Market Definition
      4.1.3 Macro-Economic Factors Impacting the Market Growth
   4.2 Isophthaloyl Chloride (ICL) Market Dynamics
      4.2.1 Market Drivers
      4.2.2 Market Restraints
      4.2.3 Market Opportunity
   4.3 Isophthaloyl Chloride (ICL) Market - Supply Chain Analysis
      4.3.1 List of Key Suppliers
      4.3.2 List of Key Distributors
      4.3.3 List of Key Consumers
   4.4 Key Forces Shaping the Isophthaloyl Chloride (ICL) Market
      4.4.1 Bargaining Power of Suppliers
      4.4.2 Bargaining Power of Buyers
      4.4.3 Threat of Substitution
      4.4.4 Threat of New Entrants
      4.4.5 Competitive Rivalry
   4.5 Global Isophthaloyl Chloride (ICL) Market Size & Forecast, 2017-2027
      4.5.1 Isophthaloyl Chloride (ICL) Market Size and Y-o-Y Growth
      4.5.2 Isophthaloyl Chloride (ICL) Market Absolute $ Opportunity
   4.6 Global Isophthaloyl Chloride (ICL) Market: Impact Of Key Regulations
   4.7 Proportion of Manufacturing Cost Structure
Chapter 5 Global Isophthaloyl Chloride (ICL) Market Analysis and Forecast By Type
   5.1 Introduction
      5.1.1 Key Market Trends & Growth Opportunities By Type
      5.1.2 Basis Point Share (BPS) Analysis By Type
      5.1.3 Absolute $ Opportunity Assessment By Type
   5.2 Isophthaloyl Chloride (ICL) Market Size & Volume Forecast By Type
      5.2.1 Solid Isophthaloyl Chloride
      5.2.2 Liquid Isophthaloyl Chloride
   5.3 Market Attractiveness Analysis By Type
Chapter 6 Global Isophthaloyl Chloride (ICL) Market Analysis and Forecast By Application
   6.1 Introduction
      6.1.1 Key Market Trends & Growth Opportunities By Application
      6.1.2 Basis Point Share (BPS) Analysis By Application
      6.1.3 Absolute $ Opportunity Assessment By Application
   6.2 Isophthaloyl Chloride (ICL) Market Size & Volume Forecast By Application
      6.2.1 Fibers & Polymers
      6.2.2 Pharmaceuticals
      6.2.3 Pesticides
      6.2.4 Dyes & pigments
   6.3 Market Attractiveness Analysis By Application
Chapter 7 Global Isophthaloyl Chloride (ICL) Market Analysis and Forecast by Region
   7.1 Introduction
      7.1.1 Key Market Trends & Growth Opportunities by Region
      7.1.2 Basis Point Share (BPS) Analysis by Region
      7.1.3 Absolute $ Opportunity Assessment by Region
   7.2 Isophthaloyl Chloride (ICL) Market Size Forecast by Region
      7.2.1 North America
      7.2.2 Europe
      7.2.3 Asia Pacific
      7.2.4 Latin America
      7.2.5 Middle East & Africa (MEA)
   7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
   8.1 Introduction
   8.2 Current & Future Impact Analysis
   8.3 Economic Impact Analysis
   8.4 Government Policies
   8.5 Investment Scenario
Chapter 9 North America Isophthaloyl Chloride (ICL) Analysis and Forecast
   9.1 Introduction
   9.2 North America Isophthaloyl Chloride (ICL) Market Size Forecast by Country
      9.2.1 U.S.
      9.2.2 Canada
   9.3 Basis Point Share (BPS) Analysis by Country
   9.4 Absolute $ Opportunity Assessment by Country
   9.5 Market Attractiveness Analysis by Country
   9.6 North America Isophthaloyl Chloride (ICL) Market Size & Volume Forecast By Type
      9.6.1 Solid Isophthaloyl Chloride
      9.6.2 Liquid Isophthaloyl Chloride
   9.7 Basis Point Share (BPS) Analysis By Type
   9.8 Absolute $ Opportunity Assessment By Type
   9.9 Market Attractiveness Analysis By Type
   9.10 North America Isophthaloyl Chloride (ICL) Market Size & Volume Forecast By Application
      9.10.1 Fibers & Polymers
      9.10.2 Pharmaceuticals
      9.10.3 Pesticides
      9.10.4 Dyes & pigments
   9.11 Basis Point Share (BPS) Analysis By Application
   9.12 Absolute $ Opportunity Assessment By Application
   9.13 Market Attractiveness Analysis By Application
Chapter 10 Europe Isophthaloyl Chloride (ICL) Analysis and Forecast
   10.1 Introduction
   10.2 Europe Isophthaloyl Chloride (ICL) Market Size Forecast by Country
      10.2.1 Germany
      10.2.2 France
      10.2.3 Italy
      10.2.4 U.K.
      10.2.5 Spain
      10.2.6 Russia
      10.2.7 Rest of Europe
   10.3 Basis Point Share (BPS) Analysis by Country
   10.4 Absolute $ Opportunity Assessment by Country
   10.5 Market Attractiveness Analysis by Country
   10.6 Europe Isophthaloyl Chloride (ICL) Market Size & Volume Forecast By Type
      10.6.1 Solid Isophthaloyl Chloride
      10.6.2 Liquid Isophthaloyl Chloride
   10.7 Basis Point Share (BPS) Analysis By Type
   10.8 Absolute $ Opportunity Assessment By Type
   10.9 Market Attractiveness Analysis By Type
   10.10 Europe Isophthaloyl Chloride (ICL) Market Size & Volume Forecast By Application
      10.10.1 Fibers & Polymers
      10.10.2 Pharmaceuticals
      10.10.3 Pesticides
      10.10.4 Dyes & pigments
   10.11 Basis Point Share (BPS) Analysis By Application
   10.12 Absolute $ Opportunity Assessment By Application
   10.13 Market Attractiveness Analysis By Application
Chapter 11 Asia Pacific Isophthaloyl Chloride (ICL) Analysis and Forecast
   11.1 Introduction
   11.2 Asia Pacific Isophthaloyl Chloride (ICL) Market Size Forecast by Country
      11.2.1 China
      11.2.2 Japan
      11.2.3 South Korea
      11.2.4 India
      11.2.5 Australia
      11.2.6 South East Asia (SEA)
      11.2.7 Rest of Asia Pacific (APAC)
   11.3 Basis Point Share (BPS) Analysis by Country
   11.4 Absolute $ Opportunity Assessment by Country
   11.5 Market Attractiveness Analysis by Country
   11.6 Asia Pacific Isophthaloyl Chloride (ICL) Market Size & Volume Forecast By Type
      11.6.1 Solid Isophthaloyl Chloride
      11.6.2 Liquid Isophthaloyl Chloride
   11.7 Basis Point Share (BPS) Analysis By Type
   11.8 Absolute $ Opportunity Assessment By Type
   11.9 Market Attractiveness Analysis By Type
   11.10 Asia Pacific Isophthaloyl Chloride (ICL) Market Size & Volume Forecast By Application
      11.10.1 Fibers & Polymers
      11.10.2 Pharmaceuticals
      11.10.3 Pesticides
      11.10.4 Dyes & pigments
   11.11 Basis Point Share (BPS) Analysis By Application
   11.12 Absolute $ Opportunity Assessment By Application
   11.13 Market Attractiveness Analysis By Application
Chapter 12 Latin America Isophthaloyl Chloride (ICL) Analysis and Forecast
   12.1 Introduction
   12.2 Latin America Isophthaloyl Chloride (ICL) Market Size Forecast by Country
      12.2.1 Brazil
      12.2.2 Mexico
      12.2.3 Rest of Latin America (LATAM)
   12.3 Basis Point Share (BPS) Analysis by Country
   12.4 Absolute $ Opportunity Assessment by Country
   12.5 Market Attractiveness Analysis by Country
   12.6 Latin America Isophthaloyl Chloride (ICL) Market Size & Volume Forecast By Type
      12.6.1 Solid Isophthaloyl Chloride
      12.6.2 Liquid Isophthaloyl Chloride
   12.7 Basis Point Share (BPS) Analysis By Type
   12.8 Absolute $ Opportunity Assessment By Type
   12.9 Market Attractiveness Analysis By Type
   12.10 Latin America Isophthaloyl Chloride (ICL) Market Size & Volume Forecast By Application
      12.10.1 Fibers & Polymers
      12.10.2 Pharmaceuticals
      12.10.3 Pesticides
      12.10.4 Dyes & pigments
   12.11 Basis Point Share (BPS) Analysis By Application
   12.12 Absolute $ Opportunity Assessment By Application
   12.13 Market Attractiveness Analysis By Application
Chapter 13 Middle East & Africa (MEA) Isophthaloyl Chloride (ICL) Analysis and Forecast
   13.1 Introduction
   13.2 Middle East & Africa (MEA) Isophthaloyl Chloride (ICL) Market Size Forecast by Country
      13.2.1 Saudi Arabia
      13.2.2 South Africa
      13.2.3 UAE
      13.2.4 Rest of Middle East & Africa (MEA)
   13.3 Basis Point Share (BPS) Analysis by Country
   13.4 Absolute $ Opportunity Assessment by Country
   13.5 Market Attractiveness Analysis by Country
   13.6 Middle East & Africa (MEA) Isophthaloyl Chloride (ICL) Market Size & Volume Forecast By Type
      13.6.1 Solid Isophthaloyl Chloride
      13.6.2 Liquid Isophthaloyl Chloride
   13.7 Basis Point Share (BPS) Analysis By Type
   13.8 Absolute $ Opportunity Assessment By Type
   13.9 Market Attractiveness Analysis By Type
   13.10 Middle East & Africa (MEA) Isophthaloyl Chloride (ICL) Market Size & Volume Forecast By Application
      13.10.1 Fibers & Polymers
      13.10.2 Pharmaceuticals
      13.10.3 Pesticides
      13.10.4 Dyes & pigments
   13.11 Basis Point Share (BPS) Analysis By Application
   13.12 Absolute $ Opportunity Assessment By Application
   13.13 Market Attractiveness Analysis By Application
Chapter 14 Competition Landscape
   14.1 Isophthaloyl Chloride (ICL) Market: Competitive Dashboard
   14.2 Global Isophthaloyl Chloride (ICL) Market: Market Share Analysis, 2019
   14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
      14.3.1 Dupont
      14.3.2 CABB Chemicals
      14.3.3 Ruiyuan Chemical
      14.3.4 Yantai Yuxiang
      14.3.5 Changzhou Kefeng
      14.3.6 Shandong Kaisheng New Materials
      14.3.7 Qingdao Benzo
      14.3.8 Isophthaloyl Chloride
      14.3.9 Weifang Benzo Chemical Co., Ltd
      14.3.10 Shandong Kaisheng New Materials Co.     
      14.3.11 Others (On Request)
Key Segments Covered
By Type
  • Solid Isophthaloyl Chloride
  • Liquid Isophthaloyl Chloride
By Application
  • Fibers & Polymers
  • Pharmaceuticals
  • Pesticides
  • Dyes & pigments
By Region
  • North America
    • U.S.
    • Canada
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Europe
    • Germany
    • France
    • Italy
    • U.K.
    • Spain
    • Russia
    • Rest of the Europe
  • Asia Pacific
    • China
    • Japan
    • South Korea
    • India
    • Australia
    • Rest of Asia Pacific
  • Middle East & Africa (MEA)
    • Saudi Arabia
    • South Africa
    • UAE
    • Rest of Middle East & Africa

Key Market Players Profiled in the Report
  • Dupont
  • CABB Chemicals
  • Ruiyuan Chemical
  • Yantai Yuxiang
  • Changzhou Kefeng
  • Shandong Kaisheng New Materials
  • Qingdao Benzo
  • Shandong Zesheng Chemical Co., Ltd.
  • Junan Guotai Chemical Co., Ltd.
  • Haihang Industry
  • Others (On Request)

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FAQ Section

Some frequently asked quetions about this report!

Additional company profiles can be provided on request.

Yes, the report provides supply chain analysis along with a list of raw material suppliers, manufacturers, distributors, and customers.

According to this Growth Market Reports report, the market from Isophthaloyl Chloride (ICL) is likely to register CAGR of 7.8% during forecast period 2020-2027, with an anticipated valuation of USD 3,114.9 million by the end of the 2027.

In addition to market size (in USD Million) & Consumption (K Kgs) Company Market Share (in % for base year 2019), other data such Macro-economic factors, COVID-19 Impact on the value chain is available in final report.

Factors such as competitive strength and market positioning are key areas considered while selecting top companies to be profiled.

The market is primarily driven by Fibers & Polymers industry. New energy infrastructure and current energy production, towards renewable energy sources, generates demand for Isophthaloyl Chloride.

The market is expected to witness a decrease of over 2-3% between 2019 and 2020 owing to the adverse impact of COVID-19 pandemic on the Isophthaloyl Chloride (ICL) market.

The base year considered for the global Isophthaloyl Chloride (ICL) market report is 2019. The complete analysis period is 2017 to 2027, wherein, 2017 & 2018 are the historic years and the forecast is provided from 2020 to 2027.

Fibers & Polymers manufacturing companies, Pharmaceuticals, Pesticide producers Dyes & pigments manufacturers are the end use companies that are driving the Isophthaloyl Chloride (ICL) market.

Major Manufactures include Dupont, CABB Chemicals, Changzhou Kefeng, Shandong Kaisheng New Materials etc.