Home / Chemicals / Isophorone Market By Type ( Liquid condensation, Solid heterogeneous catalytic condensation) by Application (Pink ink solvents, Lacquers, Paints, Adhesives, Coatings, Copolymers, Pesticides, Finishing) by End-use Industry (Construction, Automobile, Agrochemicals, Paints & coatings, Printing inks, Artificial leather): Growth, Future Prospects & Competitive Analysis, 2015 - 2027

Isophorone Market By Type ( Liquid condensation, Solid heterogeneous catalytic condensation) by Application (Pink ink solvents, Lacquers, Paints, Adhesives, Coatings, Copolymers, Pesticides, Finishing) by End-use Industry (Construction, Automobile, Agrochemicals, Paints & coatings, Printing inks, Artificial leather): Growth, Future Prospects & Competitive Analysis, 2015 - 2027

Published: May 2021 | Report Code: 60354-05-21

The Isophorone Market is expected to cross market value of USD 1,120.4 million in 2027 from USD 923.5 million in 2020. It is expected to grow at a CAGR of over 2.8% during the forecast period.

Global Isophorone Market

Key Market Drivers and Restraints

Rising use of isophorone as solvent in making of adhesives used in the construction industry for various activities such as architectural coatings, flooring adhesives, elastomeric roof coatings, sealants, water-proofing membranes, joint compounds, mortar modification, fiber bonding, nonwoven applications, and mortar modification. Growing construction industry in developed as well as developing countries due to increase in urbanization, rising technological advancements, and growth in disposable income is expected to drive the global isophorone market during the forecast period.

Global Isophorone Market

Growing use of isophorone in inks is anticipated to fuel the global isophorone market in the near future. However, the toxic effects of isophorone are expected to hinder the global isophorone market in the near future.

Furthermore, rising requirement of paints and coatings from across the globe is expected to drive the growth of isophorone market in the near future.

Impact of COVID 19

Several governments and private businesses are working on a limited capacity or have ceased operations due to recent events surrounding the COVID-19 pandemic. Manufacturing actions across the globe came to a halt due to the unavailability of raw materials and shortage of labor. This is expected to hamper the isophorone market to some extent.

COVID-19 virus is affecting the global economy in three main ways: hampering production and demand, adverse financial impact on firms and financial markets and creating supply chain and market disruption.

Global Isophorone Market

Europe to Dominate the Global Isophorone Market

The global Isophorone Market covers the six regions, namely Europe, Asia Pacific, North America, Latin America (LATAM), Middle East and Africa, including all the key economies in these regions. Europe market is dominated the global market and accounted for more than 64.0% of the total market. This is attributed to the large volume of isophorone, increasing product launches, and rising collaboration among players to enhance market penetration.

Global Isophorone Market

Global Isophorone Market is led by the Pink ink solvents

Pink ink solvents, and Lacquers, are the key Application in the Isophorone Market. In 2020, Pink ink solvents segment is accounted for the largest share of Isophorone Market. However, Lacquers segment is anticipated to grow at the fastest CAGR during the forecast period.

Liquid condensation would continue to dominate the global Isophorone Market in terms of Type

Liquid condensation and Solid heterogeneous catalytic condensation are some of the major types of Type. Liquid condensation segment accounted for the largest share in 2020 of the Isophorone Market in 2020.

Global Isophorone Market

Frequently asked questions about global Isophorone market

  • What are the consequences of COVID 19 on global Isophorone?
    Ans: COVID-19 pandemic is affecting the global economy in three major ways: directly hampering production and demand, creating supply chain and market disruption, and adverse financial impact on firms and financial markets
  • Which are the key Types through Isophorone?
    Ans: Liquid condensation and Solid heterogeneous catalytic condensation are the most frequently through Isophorone
  • Which is the key Application through which Isophorone occurs?
    Ans: Pink ink solvents is the most application in Isophorone
  • Who are the key players in the global Isophorone ?
    Ans: Arkema Group, CHAIN FONG, DowDuPont, Huntsman, Penta Manufacturing Company, TCI Chemicals (India) Pvt. Ltd., Evonik Industries, Jiangsu Huanxin High Tech Materials Co. Ltd, Ningbo New Material Technology Co. Ltd, Prasol Chemicals Pvt. Ltd., SI Group Inc., BASF SE, Covestro AG are key players operating in this market
  • Which is the fastest growing End-use Industry segment for global Isophorone?
    Ans: Construction End-use Industry offers tremendous opportunities to players
  • Which is the leading regional market for global Isophorone?
    Ans: Europe has the largest share owing to increasing demand for automotive coatings in emerging countries is also projected to support the demand for isophorone during the forecast period
  • What will be the CAGR (2021 - 2027) of in global Isophorone?
    Ans: The market is anticipated to grow at a CAGR of 2.8% throughout the forecast period
  • Which are the major factors driving the growth of global isophorone?
    Ans: The growing requirement of paints and coatings from around the world is expected to maintain the high demand for isophorone in the near future.


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