CAGR of Isophorone Market is expected to grow 4.32% in the year (2019-2023), Predicts Market Research Future According to Top Investors, Covering Sentimental Industry Analysis-MAZZ Home
Global Isophorone Market offered by 360researchreports.com gives a market overview of the Isophorone industry which covers product scope, market revenue, opportunities, growth rate, sales volumes and figures. The report also explores the worldwide players of the market.
Global “Isophorone Market 2019-2023” has been providing up and changing the worldwide economy as far as growth rate, revenue, deal, market proposition, and scope. The Global Isophorone market Consumption market report is an extensive analysis of this corporate field, which has been established to be one of the most profitable business verticals in futures. The Reportspecifies the complete estimate of Global Isophorone market business terms, in addition to presenting a brief segmentation of the industry, the expansion opportunities, as well as Key region.
Top-Listed Playersin Isophorone Market Research Report 2019-2023
- CHAIN FONG
- Evonik Industries
- Greenchem Industries LLC
- Henan energy chemical industry group co. LTD.
- Jiangsu Huanxin High Tech Materials Co.
- Mitsui ChemicalsInc.
- Prasol Chemicals PVT. LTD.
- QianYan New Material Technology Co. Ltd
- SI Group
- Wanhua Chemical Group Co. LTD
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Overview of Isophorone Market:
The global isophorone market is expected to register a CAGR of 4.32% during the forecast period, 2018 to 2023. North America holds the largest share in 2017, in terms of demand, in the global isophorone market, while Asia-Pacific ranks second in terms of isophorone consumption, followed by Europe.
Growing Demand for Coating Applications in Asia-Pacific
Many countries in the Asia Pacific region are witnessing consistent growth in their economy. The GDP growth of countries, such as China and India is 6.6 and 7.2 respectively in 2017. China, being the largest market in the Asia Pacific region for coatings, especially protective coatings, is expected to increase because of expanding industries in the country, such as automotive, construction, shipbuilding, and petrochemicals. India has been witnessing an increased demand for architectural coatings, majorly because of growing industrial infrastructure. In Vietnam, industrial wood coatings demand has been on a rise because of the increasing exports of Vietnamese made furniture. Countries, like South Korea and Singapore are witnessing a demand for marine coatings as they are emerging to be the hubs for maritime transportation and there have been growing shipbuilding activities in these nations. Isophorone is used as a solvent in coatings and the growing application of coatings is expected to boost the market during the forecast period.
Increasing Applications in Paints and Coatings
Paints and coatings is one of the key consumers of isophorone market. Isophorone is used in the manufacture of various paints and coatings owing to its ability to enhance the fluidity of the coating. The demand for paints and coatings in Asia-Pacific is increasing at healthy rate owing to the increasing demand from construction and automotive industries. Additionally, recovery of construction sector in developed regions primarily Europe is also another boosting factor for the paints and coatings market. Furthermore, increasing demand for automotive coatings in emerging countries is also projected to support the demand for isophorone during the forecast period.
North America to Dominate the Market
North America isophorone market is mainly dominated by end-user industries, like paints and coatings, composites etc. and the demand for isophorone is expected to increase at a steady rate because of growth in the end-user industries. The composite market in the United States has witnessed a y-o-y growth rate of 4.2% in 2016-2017. The United States is the also the second largest producer of paints and coatings globally, after China. The growing construction activities are fueling the demand for paints and coatings in the country, which is expected to augment the demand for isophorone in recent years.
Major Players: BASF, Bayer, Evonik Industries, DowDupont and Huntsman, amongst others.
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Key Highlights from Isophorone Market Report 2019.
Revenue and Sales Estimation — Historical Revenue and sales volume is presented and further data is triangulated with top-down and bottom-up approaches to forecast complete market size and to estimate forecast numbers for key regions covered in the report along with classified and well-recognized Types and end-use industry. Additionally, macroeconomic factor and regulatory policies are as curtained in Isophorone industry evolution and predictive analysis.
Manufacturing Analysis —the report is currently analyzed concerning various product type and application. The Isophorone Market provides a chapter highlighting manufacturing process analysis validated via primary information collected through Industry and Key officials of profiled companies.
Competition — Leading players have been analyzed depending on their company profile, product portfolio, capacity, product/service price, sales, and cost/profit.
Demand and Supply and Effectiveness — Isophorone Market report additionally provides distribution, Production, Consumption for the complete industry.
Isophorone MarketTop Regions(regional analysis covers):-
- North America (the USA, Canada, andMexico)
- Europe (Germany, France, UK, Russia, andItaly)
- Asia-Pacific (China, Japan, Korea, India, andSoutheast Asia)
- South America, Middle East, andAfrica
Reason to purchase this Report
Analyzing various perspectives of the market with the help of Porter’s five forces analysis
Application that is expected to dominate the market
Regions that are expected to witness fastest growth during the forecast period
Identifying the latest developments, market shares, and strategies employed by the major market players
3-month analyst support, along with the Market Estimate sheet (in excel)
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Major Points from Table of Contents for Isophorone Market 2019:
Part 1 Industry Overview
1.1 Isophorone Industry
1.1.1 Isophorone Market Development
1.1.2 Terminology Definition in the Report
220.127.116.11 Isophorone Industry Demand
18.104.22.168 Isophorone Market Sales Revenue
22.214.171.124 Ex-factory Price and Sales Price
126.96.36.199 Isophorone Market Gross Margin
1.2 Isophorone Market Products and Services Scope
1.3 Industry Chain
1.4 Industry Dynamics and Regulations
1.5 Global Market Overview
Part 2 Upstream and Production
2.1 Raw Materials / Components
2.2 Procurement Methods and Channels
2.3 Isophorone Market Cost Structure and Manufacturing
2.4 Industry Capacity
2.5 Isophorone Market Production Distribution by Geography
2.5.1 Production in Major Regions / Countries
2.5.2 Trade Flow Overview
Part 3 Product Segment
3.1 Introduction by Type
3.2 Isophorone Market Status
Part 4 Application / End-User Segment
4.1 Introduction by Application
4.1.3 Scientific Research
4.2 Market Status
Part 5 Regional Market
Part 6 Isophorone Market Subdivision
6.1 Regional Production
6.1.1 Production by Type
6.2 Regional Demand
6.2.1 Demand by Type
6.2.2 Demand by Application
6.2.3 Additives Demand by Region
6.2.4 Scientific Research Demand by Region
Part 7 Isophorone Market Forecast
7.1 Global Forecast
7.2 Forecast by Type
7.3 Forecast by Application
7.4 Forecast by Region
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