Chemicals Industry Today
Global Isophorone Market: Business overview, application and specification, sales, revenue, price (USD/Unit) and gross margin to forecast year 2018-2025
Isophorone is a clear colorless liquid, with a camphor-like odor. Less dense than water and insoluble in water, boiling point 420°F, flash point near 200°F. Contact irritates skin and eyes; Toxic by ingestion; Used as a solvent and in pesticides.
The Isophorone industry is highly concentrated, there are only no more than ten manufacturers in the world, and high-end products mainly come from North America and Western Europe.
In the world wide, major manufactures are Evonik, Dow, Arkema, QianYan, SI Group and etc. In the last several years, global market of Isophorone developed fast, with an average growth rate of 9%. In 2015, global capacity of Isophorone is nearly 344K MT, and the actual production is about 240K MT.
2 EU is the largest producer (production 109 K MT in 2015) and consumer (consumption 109 K MT in 2015) of Isophorone, and is expected to retain the higher growth rate during the next five years due to strong growth in downstream industry.
The second place is North America, following EU with the sales market share of 22% and the production market share nearly 28%. Some players in USA have plants in EU.
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China is another important market of Isophorone, enjoying 22% production market share and 34% sales market share. China had a long time when it had to depend on foreign Isophorone and there was no Chinese manufactures in China. Now Qian Yan is the biggest Chinese player, and a new player-Huanxin has built its factory of Isophorone. There are also some foreign plants of Isophorone in China.
Main players are from USA and Europe, like Evonik, DOW, Arkema, and they have many plants in other regions. China also can supply Isophorone, but the products are mainly consumed in China.
Market competition is intense. Evonik, DOW, Arkema, etc. are the leaders of the industry, and hold key technologies, with high-end customers, have been formed in the monopoly position in the industry. However, with further expanding market, there will be more manufactures in the future.
The global Isophorone market is valued at xx million US$ in 2017 and will reach xx million US$ by the end of 2025, growing at a CAGR of xx% during 2018-2025.
The major manufacturers covered in this report
Evonik
DOW
Arkema
SI Group
Qian Yan
Geographically, this report studies the top producers and consumers, focuses on product capacity, production, value, consumption, market share and growth opportunity in these key regions, covering
North America
Europe
China
Japan
Southeast Asia
India
Other Regions (India, Southeast Asia, Central & South America and Middle East & Africa)
On the basis of product, this report displays the production, revenue, price, market share and growth rate of each type, primarily split into
Liquid condensation
Solid heterogeneous catalytic condensation
Other
On the basis of the end users/applications, this report focuses on the status and outlook for major applications/end users, consumption (sales), market share and growth rate for each application, including
IPDA/IPDI
Pesticide
Disinfectants
OthersEvonik
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