Isoprenol Market - Global Industry Analysis

Isoprenol Market- By Application (Agrochemicals, Pharmaceuticals, Flavor & Fragrance, and Polymers): Global Industry Perspective, Comprehensive Analysis, and Forecast, 2022–2028

Published Date: 30-Mar-2022 Category: Chemical & Materials Report Format : PDF Pages: 180 Report Code: ZMR-299 Status : Published

The global Isoprenol Market accrued earnings worth approximately 400 (USD Million) in 2021 and is predicted to gain revenue of about 700 (USD Million) by 2028, is set to record a CAGR of nearly 5.4% over the period from 2022 to 2028.

Description

The global Isoprenol Market accrued earnings worth approximately 400 (USD Million) in 2021 and is predicted to gain revenue of about 700 (USD Million) by 2028, is set to record a CAGR of nearly 5.4% over the period from 2022 to 2028. The study provides assessment and analysis of the Isoprenol Market on a global & regional level. It offers a comprehensive assessment of the market competition, constraints, revenue estimates, opportunities, evolving trends, and industry-validated data. The report provides historical data from 2018 to 2021 along with a forecast from 2022 to 2028 based on revenue (USD Million).

Isoprenol Market: Overview

It is a hemiterpene alcohol and is referred by name 3-methylbut-3-en-1-ol. The compound is produced in factories as an intermediary to 3-methylbut-2-en-1-ol. The product is manufactured due to reaction taking place between isobutene and formaldehyde. Moreover, isoprenol is light yellow liquid and it offers myriad benefits including high water reduction, low dosage, and longevity.  Furthermore, the chemical compound is utilized for protecting steel from getting corroded. Additionally, the compound is a key building block for aromatic chemicals. Apart from this, the compound plays a key role of pharmaceutical active constituents.

Furthermore, isoprenol finds massive application in agrochemicals. In addition to this, the compound finds huge application as raw material for manufacturing super plasticizer from polycarbonate. Massive need for high quality isoprenol across myriad end-use sectors will drive market trends.

Isoprenol Market: Growth Drivers

Thriving pharmaceutical sector and rise in use of aromatic chemicals in perfumes has driven product penetration in pharmaceutical & specialty chemicals industries, thereby driving market growth. In addition to this, a prominent increase in use of isoprenol in paints & coatings industry will boost expansion of isoprenol industry. Increment in construction activities owing to swift urbanization in emerging economies will translate into humungous expansion of isoprenol industry. Rapid expansion of chemical sector is projected to open new vistas of growth for isoprenol market.

Furthermore, surging cases of crop infestation, launching of new farming techniques, and rise in demand for agrochemicals to improve crop yield will increase growth of isoprenol market. In addition to this, need for reducing crop loss is anticipated to generate new growth avenues for isoprenol industry in ensuing years. Huge rise in crude oil costs and surge in GHG emissions arising due to increase in its use will produce large demand for isoprenol. Preference for biofuels will further drive business growth. Rapidly expanding emulsifier market will favorably impact isoprenol market progress owing to product application in cosmetics & personal care items, cleansing items, and food & beverages.

 Isoprenol Market: Regional Landscape

Europe To Dominate Isoprenol Industry In 2022-2028

Growth of European market over forecasting timeline is subject to humungous demand for isoprenol in European countries such as Germany. Furthermore, rise in use of product in pharmaceutical, aroma chemicals, and agrochemicals in country will proliferate regional market size. Additionally, aroma chemicals are utilized in fragrance & flavor constituents in European countries. The product is also used as intermediate chemical for making adhesives that are extensively used in vehicles, electrical & electronics, and construction. Increase in research & development ventures pertaining to producing of green products for minimizing carbon emissions will drive regional market penetration.

Report Scope:

Report Attribute Details
Base Year 2020
Historic Years 2016 - 2020
Forecast Years 2021 - 2028
Segments Covered By Product Type, By Application, and By End Use
Forecast Units Value (USD Billion), and Volume (Units)
Quantitative Units Revenue in USD million/billion and CAGR from 2021 to 2028
Regions Covered North America, Europe, Asia Pacific, Latin America, and Middle East & Africa, and Rest of World
Countries Covered U.S., Canada, Mexico, U.K., Germany, France, Italy, Spain, China, India, Japan, South Korea, Brazil, Argentina, GCC Countries, and South Africa, among others
Number of Companies Covered 10 companies with scope for including additional 15 companies upon request
Report Coverage Market growth drivers, restraints, opportunities, Porter’s five forces analysis, PEST analysis, value chain analysis, regulatory landscape, market attractiveness analysis by segments and region, company market share analysis, and COVID-19 impact analysis.
Customization Scope Avail customized purchase options to meet your exact research needs.

Isoprenol Market: Competitive Insights

Some of the major players are coining new strategies for producing eco-friendly products with a view to reduce environmental degradation and thus focus on improving quality of life of individuals. We have profiled them in our report and they are Triveni Interchem Pvt. Ltd., Kuraray Co., Ltd., Jilin Zhongxin Chemical Group Co., Ltd., Nanjing Chemical Material Corporation, BASF SE, Guangzhou Chen Yu Chemical Co., Ltd., and Amyrics Inc.

The global Isoprenol Market is segmented as follows:

By Application

  • Agrochemicals
  • Pharmaceuticals
  • Flavor & Fragrance
  • Polymers

By Region

  • North America
    • The U.S.
    • Canada
  • Europe
    • France 
    • The UK
    • Spain
    • Germany
    • Italy
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Southeast Asia
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East & Africa
    • GCC
    • South Africa
    • Rest of Middle East & Africa

Table Of Content

  • Chapter 1. Preface
    • 1.1. Report Description and Scope
    • 1.2. Research Scope
    • 1.3. Research Methodology
      • 1.3.1. Market Research Process
      • 1.3.2. Market Research Methodology
  • Chapter 2. Executive Summary
    • 2.1. Isoprenul Market, 2016–2026 (Kilotons)
    • 2.2. Isoprenul Market, 2016–2026 (USD Million)
    • 2.3. Isoprenul Market: Snapshot
  • Chapter 3. Isoprenul Market – Industry Analysis
    • 3.1. Isoprenul Market: Market Dynamics
    • 3.2. Market Drivers
      • 3.2.1. Rising demand for aroma chemicals to fuel the demand for isoprenul
      • 3.2.2. Growth in pharmaceutical industry is expected to propel the market growth
    • 3.3. Restraints
      • 3.3.1. Stringent environmental regulations may hamper the market growth
    • 3.4. Opportunity
      • 3.4.1. Increasing investments in R&D by major companies
    • 3.5. Porter’s Five Forces Analysis
    • 3.6. Market Attractiveness Analysis
      • 3.6.1. Market attractiveness analysis By Application
      • 3.6.2. Market attractiveness analysis by Region
  • Chapter 4. Isoprenul Market– Competitive Landscape
    • 4.1. Company market share analysis
      • 4.1.1. Global Isoprenul Market: company market share, 2018
    • 4.2. Strategic development
      • 4.2.1. Acquisitions & mergers
      • 4.2.2. New Application launches
      • 4.2.3. Agreements, partnerships, cullaborations and joint ventures
      • 4.2.4. Research and development and Regional expansion
    • 4.3. Price trend analysis
  • Chapter 5. Global Isoprenul Market –Application Analysis
    • 5.1. Global Isoprenul Market overview: By Application
      • 5.1.1. Global Isoprenul Market share, By Application,2018 and 2026
    • 5.2. Agrochemicals
      • 5.2.1. Global Isoprenul Market by Agrochemicals, 2016–2026 (Kilotons)
      • 5.2.2. Global Isoprenul Market by Agrochemicals, 2016–2026 (USD Million)
    • 5.3. Pharmaceuticals
      • 5.3.1. Global Isoprenul Market by Pharmaceuticals, 2016–2026 (Kilotons)
      • 5.3.2. Global Isoprenul Market by Pharmaceuticals, 2016–2026 (USD Million)
    • 5.4. Composites
      • 5.4.1. Global Isoprenul Market by Composites, 2016–2026 (Kilotons)
      • 5.4.2. Global Isoprenul Market by Composites, 2016–2026 (USD Million)
    • 5.5. Aroma Chemicals
      • 5.5.1. Global Isoprenul Market by Aroma Chemicals, 2016–2026 (Kilotons)
      • 5.5.2. Global Isoprenul Market by Aroma Chemicals, 2016–2026 (USD Million)
    • 5.6. Others
      • 5.6.1. Global Isoprenul Market by Others, 2016–2026 (Kilotons)
      • 5.6.2. Global Isoprenul Market by Others, 2016–2026 (USD Million)
  • Chapter 6. Global Isoprenul Market - Regional Analysis
    • 6.1. Global Isoprenul Market overview: by Region
      • 6.1.1. Global Isoprenul Marketshare, by Region, 2018 and 2026
    • 6.2. North America
      • 6.2.1. North America Isoprenul Market, 2016–2026 (Kilotons)
      • 6.2.2. North America Isoprenul Market, 2016–2026 (USD Million)
      • 6.2.3. North America Isoprenul Market revenue, By Application,2016–2026 (Kilotons)
      • 6.2.4. North America Isoprenul Market revenue, By Application,2016–2026 (USD Million)
      • 6.2.5. The U.S.
        • 6.2.5.1. The U.S. Isoprenul Market revenue, By Application,2016–2026 (Kilotons)
        • 6.2.5.2. The U.S. Isoprenul Market revenue, By Application,2016–2026 (Kilotons)
      • 6.2.6. Rest of North America
        • 6.2.6.1. Rest of North America Isoprenul Market revenue, By Application,2016–2026 (Kilotons)
        • 6.2.6.2. Rest of North America Isoprenul Market revenue, By Application,2016–2026 (USD Million)
    • 6.3. Europe
      • 6.3.1. Europe Isoprenul Market, 2016–2026 (Kilotons)
      • 6.3.2. Europe Isoprenul Market, 2016–2026 (USD Million)
      • 6.3.3. Europe Isoprenul Market revenue, By Application,2016–2026 (Kilotons)
      • 6.3.4. Europe Isoprenul Market revenue, By Application,2016–2026 (USD Million)
      • 6.3.5. UK
        • 6.3.5.1. U.K. Isoprenul Market revenue, By Application,2016–2026 (Kilotons)
        • 6.3.5.2. U.K. Isoprenul Market revenue, By Application,2016–2026 (USD Million)
      • 6.3.6. France
        • 6.3.6.1. France Isoprenul Market revenue, By Application,2016–2026 (Kilotons)
        • 6.3.6.2. France Isoprenul Market revenue, By Application,2016–2026 (USD Million)
      • 6.3.7. Germany
        • 6.3.7.1. Germany Isoprenul Market revenue, By Application,2016–2026 (Kilotons)
        • 6.3.7.2. Germany Isoprenul Market revenue, By Application,2016–2026 (USD Million)
      • 6.3.8. Rest of Europe
        • 6.3.8.1. Rest of Europe Isoprenul Market revenue, By Application,2016–2026 (Kilotons)
        • 6.3.8.2. Rest of Europe Isoprenul Market revenue, By Application,2016–2026 (USD Million)
    • 6.4. Asia Pacific
      • 6.4.1. Asia Pacific Isoprenul Market, 2016–2026 (Kilotons)
      • 6.4.2. Asia Pacific Isoprenul Market, 2016–2026 (USD Million)
      • 6.4.3. Asia Pacific Isoprenul Market revenue, By Application,2016–2026 (Kilotons)
      • 6.4.4. Asia Pacific Isoprenul Market revenue, By Application,2016–2026 (USD Million)
      • 6.4.5. China
        • 6.4.5.1. China Isoprenul Market revenue, By Application,2016–2026 (Kilotons)
        • 6.4.5.2. China Isoprenul Market revenue, By Application,2016–2026 (USD Million)
      • 6.4.6. Japan
        • 6.4.6.1. Japan Isoprenul Market revenue, By Application,2016–2026 (Kilotons)
        • 6.4.6.2. Japan Isoprenul Market revenue, By Application,2016–2026 (USD Million)
      • 6.4.7. India
        • 6.4.7.1. India Isoprenul Market revenue, By Application,2016–2026 (Kilotons)
        • 6.4.7.2. India Isoprenul Market revenue, By Application,2016–2026 (USD Million)
      • 6.4.8. Rest of Asia Pacific
        • 6.4.8.1. Rest of Asia Pacific Isoprenul Market revenue, By Application,2016–2026 (Kilotons)
        • 6.4.8.2. Rest of Asia Pacific Isoprenul Market revenue, By Application,2016–2026 (USD Million)
    • 6.5. Latin America
      • 6.5.1. Latin America Isoprenul Market, 2016–2026 (Kilotons)
      • 6.5.2. Latin America Isoprenul Market, 2016–2026 (USD Million)
      • 6.5.3. Latin America Isoprenul Market revenue, By Application,2016–2026 (Kilotons)
      • 6.5.4. Latin America Isoprenul Market revenue, By Application,2016–2026 (USD Million)
      • 6.5.5. Brazil
        • 6.5.5.1. Brazil Isoprenul Market revenue, By Application,2016–2026 (Kilotons)
        • 6.5.5.2. Brazil Isoprenul Market revenue, By Application,2016–2026 (USD Million)
      • 6.5.6. Rest of LatinAmerica
        • 6.5.6.1. Rest of LatinAmerica Isoprenul Market revenue, By Application,2016–2026 (Kilotons)
        • 6.5.6.2. Rest of LatinAmerica Isoprenul Market revenue, By Application,2016–2026 (USD Million)
    • 6.6. The Middle East and Africa
      • 6.6.1. The Middle East and Africa Isoprenul Market, 2016–2026 (Kilotons)
      • 6.6.2. The Middle East and Africa Isoprenul Market, 2016–2026 (USD Million)
      • 6.6.3. The Middle East and Africa Isoprenul Market revenue, By Application,2016–2026 (Kilotons)
      • 6.6.4. The Middle East and Africa Isoprenul Market revenue, By Application,2016–2026 (USD Million)
  • Chapter 7. Company Profiles
    • 7.1. Kuraray Co., Ltd
      • 7.1.1. Overview
      • 7.1.2. Financials
      • 7.1.3. Application Portfolio
      • 7.1.4. Business Strategy
      • 7.1.5. Recent Developments
    • 7.2. Nanjing Chemical Material Corporation
      • 7.2.1. Overview
      • 7.2.2. Financials
      • 7.2.3. Application Portfolio
      • 7.2.4. Business Strategy
      • 7.2.5. Recent Developments
    • 7.3. Guangzhou Chen Yu Chemical Co., Ltd.
      • 7.3.1. Overview
      • 7.3.2. Financials
      • 7.3.3. Application Portfolio
      • 7.3.4. Business Strategy
      • 7.3.5. Recent Developments
    • 7.4. Triveni Interchem Pvt. Ltd.
      • 7.4.1. Overview
      • 7.4.2. Financials
      • 7.4.3. Application Portfolio
      • 7.4.4. Business Strategy
      • 7.4.5. Recent Developments
    • 7.5. BASF SE
      • 7.5.1. Overview
      • 7.5.2. Financials
      • 7.5.3. Application Portfolio
      • 7.5.4. Business Strategy
      • 7.5.5. Recent Development
    • 7.6. Jilin Zhongxin Chemical Group
      • 7.6.1. Overview
      • 7.6.2. Financials
      • 7.6.3. Application Portfolio
      • 7.6.4. Business Strategy
      • 7.6.5. Recent Development
    • 7.7. Amyrics Inc.
      • 7.7.1. Overview
      • 7.7.2. Financials
      • 7.7.3. Application Portfolio
      • 7.7.4. Business Strategy
      • 7.7.5. Recent Development

Table Of Figures

List of Figures

1. Market research process
2. Market research methodology
3. Global Isoprenol Market, 2016–2026 (Kilotons)
4. Global Isoprenol Market, 2016–2026 (USD Million)
5. Porter’s Five Forces Analysis
6. Global Isoprenol Market attractiveness, By Application
7. Global Isoprenol Market share, By Application, 2018 and 2026
8. Global Isoprenol Market by Agrochemicals, 2016–2026 (Kilotons)
9. Global Isoprenol Market by Agrochemicals, 2016–2026 (USD Million)
10. Global Isoprenol Market by Pharmaceuticals,2016–2026 (Kilotons)
11. Global Isoprenol Market by Pharmaceuticals,2016–2026 (USD Million)
12. Global Isoprenol Market by Composites,2016–2026 (Kilotons)
13. Global Isoprenol Market by Composites,2016–2026 (USD Million)
14. Global Isoprenol Market by Aroma Chemicals,2016–2026 (Kilotons)
15. Global Isoprenol Market by Aroma Chemicals,2016–2026 (USD Million)
16. Global Isoprenol Market by Others,2016–2026 (Kilotons)
17. Global Isoprenol Market by Others,2016–2026 (USD Million)
18. Global Isoprenol Market share, by Region, 2018and 2026
19. North America Isoprenol Market, 2016–2026 (Kilotons)
20. North America Isoprenol Market, 2016–2026 (USD Million)
21. Europe Isoprenol Market, 2016–2026 (Kilotons)
22. Europe Isoprenol Market, 2016–2026 (USD Million)
23. Asia Pacific Isoprenol Market, 2016–2026 (Kilotons)
24. Asia Pacific Isoprenol Market, 2016–2026 (USD Million)
25. Latin America Isoprenol Market, 2016–2026 (Kilotons)
26. Latin America Isoprenol Market, 2016–2026 (USD Million)
27. The Middle East and Africa Isoprenol Market, 2016–2026 (Kilotons)
28. The Middle East and Africa Isoprenol Market, 2016–2026 (USD Million)


Table Of Tables

List of Tables

1. Global Isoprenol Market: snapshot
2. Drivers of the Isoprenol Market: impact analysis
3. Restraints of the Isoprenol Market: impact analysis
4. North America Isoprenol Market revenue, By Application,2016–2026 (Kilotons)
5. North America Isoprenol Market revenue, By Application,2016–2026 (USD Million)
6. The U.S. Isoprenol Market revenue, By Application,2016–2026 (Kilotons)
7. The U.S. Isoprenol Market revenue, By Application,2016–2026 (USD Million)
8. Rest of North America Isoprenol Market revenue, By Application,2016–2026 (Kilotons)
9. Rest of North America Isoprenol Market revenue, By Application,2016–2026 (USD Million)
10. Europe Isoprenol Market revenue, By Application,2016–2026 (Kilotons)
11. Europe Isoprenol Market revenue, By Application,2016–2026 (USD Million)
12. U.K. Isoprenol Market revenue, By Application,2016–2026 (Kilotons)
13. U.K. Isoprenol Market revenue, By Application,2016–2026 (USD Million)
14. France Isoprenol Market revenue, By Application,2016–2026 (Kilotons)
15. France Isoprenol Market revenue, By Application,2016–2026 (USD Million)
16. Germany Isoprenol Market revenue, By Application,2016–2026 (Kilotons)
17. Germany Isoprenol Market revenue, By Application,2016–2026 (USD Million)
18. Rest of Europe Isoprenol Market revenue, By Application,2016–2026 (Kilotons)
19. Rest of Europe Isoprenol Market revenue, By Application,2016–2026 (USD Million)
20. Asia Pacific Isoprenol Market revenue, By Application,2016–2026 (Kilotons)
21. Asia Pacific Isoprenol Market revenue, By Application,2016–2026 (USD Million)
22. China Isoprenol Market revenue, By Application,2016–2026 (Kilotons)
23. China Isoprenol Market revenue, By Application,2016–2026 (USD Million)
24. Japan Isoprenol Market revenue, By Application,2016–2026 (Kilotons)
25. Japan Isoprenol Market revenue, By Application,2016–2026 (USD Million)
26. India Isoprenol Market revenue, By Application,2016–2026 (Kilotons)
27. India Isoprenol Market revenue, By Application,2016–2026 (USD Million)
28. Rest of Asia Pacific Isoprenol Market revenue, By Application,2016–2026 (Kilotons)
29. Rest of Asia Pacific Isoprenol Market revenue, By Application,2016–2026 (USD Million)
30. Latin America Isoprenol Market revenue, By Application,2016–2026 (Kilotons)
31. Latin America Isoprenol Market revenue, By Application,2016–2026 (USD Million)
32. Brazil Isoprenol Market revenue, By Application,2016–2026 (Kilotons)
33. Brazil Isoprenol Market revenue, By Application,2016–2026 (USD Million)
34. Rest of Latin America Isoprenol Market revenue, By Application,2016–2026 (Kilotons)
35. Rest of Latin America Isoprenol Market revenue, By Application,2016–2026 (USD Million)
36. The Middle East and Africa Isoprenol Market revenue, By Application,2016–2026 (Kilotons)
37. The Middle East and Africa Isoprenol Market revenue, By Application,2016–2026 (USD Million)
 

Methodology

This report is based on in-depth qualitative and quantitative analyses of the global 3D Printing Gases market. Zion Research has collected and analyzed key data belong to the global 3D Printing Gases market using a variety of methods. Quantitative analysis has been done following various projection and sampling techniques.

The qualitative analysis involved primary interviews, surveys, and vendor briefings. The data gathered as a result of these processes were validated through experts' opinions. The market dynamics have been determined after conducting a detailed study of the micro and macroeconomic indicators of the market.

Various parameters have been taken into account while estimating market size. The revenue generated by the leading industry participants in from the sales of 3D Printing Gases across the world has been calculated through primary and secondary research.

Zion Research employs the combination of secondary research followed by extensive primary research. Under secondary research, we refer to prominent paid as well as open access data sources including product literature, company annual reports, government publications, press releases, industry association’s magazines and other relevant sources for data collection. Other prominent secondary sources include STATISTA, trade journals, trade associations, statistical data from government websites, etc. 

For this study, Zion Research has conducted all-encompassing primary research with key industry participants to collect first had data. Moreover, in-depth interviews with key opinion leaders also assisted in the validation of findings from secondary research and to understand key trends in the 3D Printing Gases industry. Primary research makes up the major source of data collection and validation.   

Primary Research

We conduct primary interviews with industry participants and commentators on an ongoing basis to validate data and analysis. A typical research interview fulfills the following functions:

  • Provides firsthand information on market size, market trends, growth trends, competitive landscape, outlook, etc.
  • Helps in validating and strengthening the secondary research findings
  • Further, develops the analysis team’s expertise and market understanding
  • Primary research involves e-mail interactions, telephonic interviews as well as face-to-face interviews for each market, category, segment and sub-segment across geographies

Participants who typically participate in such a process include, but are not limited to:

  • Industry participants: CEOs, VPs, marketing/product managers, market intelligence managers and national sales managers
  • Purchasing managers, technical personnel, distributors and resellers
  • Outside experts: Investment bankers, valuation experts and research analysts specializing in specific markets

Key opinion leaders specializing in different areas corresponding to different industry verticals

Secondary Research

Secondary research sources that are typically referred to include, but are not limited to:

  • Company websites, annual reports, financial reports, broker reports, investor presentations and SEC filings
  • IDC and other relevant magazines
  • Internal and external proprietary databases, and relevant patent and regulatory databases
  • National government documents, statistical databases and market reports

News articles, press releases and webcasts specific to companies operating in the market

Following a comprehensive secondary and primary research and insights thus gathered, analysts at Zion Research have provided an in-depth analysis of various aspects of the 3D Printing Gases market.

Models

Where no hard data is available, we use models and estimates to produce comprehensive data sets. A rigorous methodology is adopted, wherein the available hard data is cross-referenced with the following data types to produce estimates:

  • Demographic data: Population split by segments
  • Macroeconomic indicators: GDP, PPP, Per Capita Income, etc.
  • Industry indicators: Expenditure, technology stage and infrastructure, sector growth and facilities
  • Data is then cross-checked by an expert panel.

Free Analysis

Isoprenol is a light yellow to a colorless liquid. It is also referred as 3-methyl-3-butene-1-ol. Isoprenol is manufactured industrially as an intermediate to prenol (3-methyl-3-butene-1-ol). It is mainly used as a building block for aromatic chemicals and for pharmaceutical active ingredients. Moreover, it also finds use in the production of dyes, solvents, and paints. Isoprenol is widely used in agrochemicals for producing insecticides and pesticides. Isoprenol has many advantages such as durability, high water reduction, and low dosage.  It is also used for protection from corrosion of steel and is environmentally friendly in nature.

The isoprenol market is primarily driven by strong demand from agrochemical and pharmaceutical industry. Rising demand for aromatic chemicals for use in perfumes is also expected to boost the demand for isoprenol, thus driving the global isoprenol market in the forecast period. Isoprenol also finds use in the production of dyes, solvents, and paints. Thus, developing paints and coatings sector is one of the major driving factors for the growth of the isoprenol market. In addition, the growth in the construction industry due to the rapid urbanization in the emerging countries is likely to fuel the demand for isoprenol. This, in turn, is anticipated to be the main driving factor for the increase in worldwide isoprenol market in the coming years. However, stringent environmental regulations may hamper the market growth.

On the basis of applications, global isoprenol market can be segmented into agrochemicals, pharmaceuticals, aromatic chemicals, polymers and others. Aroma chemicals segment was the leading application segment for isoprenol in 2019 and accounted for the significant share in the same year owing to its widespread use in perfumes. The pharmaceutical application segment is likely to witness considerable growth in the forecast period. Isoprenol is mainly used as an intermediate in the chemical industry for the synthesis of active pharmaceutical ingredients. It acts as a building block for pharmaceutical active ingredients.

Geographically, isoprenol market is segmented into North America, Europe, Asia-Pacific, Latin America and the Middle East & Africa. The isoprenol market was dominated by Asia Pacific with the major market share of total volume consumption in 2019. China led the Asia Pacific isoprenol market. Asia Pacific is followed by North America and Europe. The Middle East & Africa are expected to witness sluggish growth for isoprenol market within the forecast period. At present, the isoprenol is a monopolized industry. There are two key manufacturers who dominate the market such as BASF and Kuraray. As the isoprenol market is in the nascent stage, global market players are investing in research and development for high-quality isoprenol to match its growing demand from the end use industries. Key players of the isoprenol market include Kuraray Co., Ltd., Nanjing Chemical Material Corporation, Guangzhou Chen Yu Chemical Co., Ltd., Triveni Interchem Pvt. Ltd., BASF SE, Jilin Zhongxin Chemical Group and Amyrics Inc. among others.

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FrequentlyAsked Questions

Thriving pharmaceutical sector and rise in use of aromatic chemicals in perfumes has driven product penetration in pharmaceutical & specialty chemicals industries, thereby driving market growth.

According to Zion market research report, The global Isoprenol Market accrued earnings worth approximately 400 (USD Million) in 2021 and is predicted to gain revenue of about 700 (USD Million) by 2028, is set to record a CAGR of nearly 5.4% over the period from 2022 to 2028.

Europe will contribute sizably towards the global market revenue over the projected timeline. A massive increase in Isoprenol Market size in region over 2022-2028 can be attributed to humungous demand for isoprenol in European countries such as Germany.       

The key industry participants leveraging business sphere include Triveni Interchem Pvt. Ltd., Kuraray Co., Ltd., Jilin Zhongxin Chemical Group Co., Ltd., Nanjing Chemical Material Corporation, BASF SE, Guangzhou Chen Yu Chemical Co., Ltd., and Amyrics Inc.

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