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.

Table of Content

1.Preface
1.1.Report Description
1.1.1.Purpose of the Report
1.1.2.Target Audience
1.1.3.USP and Key Offerings
1.2.Research Scope
1.3.Research Methodology
1.3.1.Phase I – Secondary Research
1.3.2.Phase II – Primary Research
1.3.3.Phase III – Expert Panel Review
1.3.4.Approach Adopted
1.3.4.1.Top-Down Approach
1.3.4.2.Bottom-Up Approach
1.3.5.Assumptions
1.4.Market Segmentation

2.Executive Summary
2.1.Market Snapshot: Global Isophorone Market

3.Market Dynamics
3.1.Introduction
3.1.1. Global Isophorone Market Value, 2015-2027, (US$ Bn)
3.2.Market Dynamics
3.2.1.Key Growth Trends
3.2.2.Major Industry Challenges
3.2.3.Key Growth Pockets
3.3.Attractive Investment Proposition,2020
3.3.1.Type
3.3.2.Application
3.3.3.End-use Industry
3.3.4.Geography

4.Market Positioning of Key Players, 2020
4.1.Company market share of key players, 2020
4.2.Top 6 Players
4.3.Top 3 Players
4.4.Major Strategies Adopted by Key Players

5.COVID 19 Impact Analysis
5.1.Global Isophorone Market Pre Vs Post COVID 19, 2019 - 2027
5.2.Impact on Import & Export
5.3.Impact on Demand & Supply

6.North America
6.1.North America Isophorone Market, by Country, 2015-2027(US$ Bn)
6.1.1.U.S.
6.1.2.Canada
6.1.3.Mexico
6.2.North America Isophorone Market, by Type, 2015-2027(US$ Bn)
6.2.1.Overview
6.2.2.Liquid condensation
6.2.3.Solid heterogeneous catalytic condensation
6.3.North America Isophorone Market, By Application, 2015-2027(US$ Bn)
6.3.1.Overview
6.3.2.Pink ink solvents
6.3.3.Lacquers
6.3.4.Paints
6.3.5.Adhesives
6.3.6.Coatings
6.3.7.Copolymers
6.3.8.Pesticides
6.3.9.Finishing
6.4.North America Isophorone Market, by End-use Industry, 2015-2027(US$ Bn)
6.4.1.Overview
6.4.2.Construction
6.4.3.Automobile
6.4.4.Agrochemicals
6.4.5.Paints & Coatings
6.4.6.Printing Inks
6.4.7.Artificial Leather

7.Europe
7.1.Europe Isophorone Market, by Country, 2015-2027(US$ Bn)
7.1.1.UK
7.1.2.France
7.1.3.Germany
7.1.4.Italy
7.1.5.Russia
7.1.6.Spain
7.1.7.Belgium
7.1.8.Netherland
7.1.9.Austria
7.1.10.Sweden
7.1.11.Poland
7.1.12.Denmark
7.1.13.Switzerland
7.1.14.Rest of Europe
7.2.Europe Isophorone Market, by Type, 2015-2027(US$ Bn)
7.2.1.Overview
7.2.2.Liquid condensation
7.2.3.Solid heterogeneous catalytic condensation
7.3.Europe Isophorone Market, By Application, 2015-2027(US$ Bn)
7.3.1.Overview
7.3.2.Pink ink solvents
7.3.3.Lacquers
7.3.4.Paints
7.3.5.Adhesives
7.3.6.Coatings
7.3.7.Copolymers
7.3.8.Pesticides
7.3.9.Finishing
7.4.Europe Isophorone Market, by End-use Industry, 2015-2027(US$ Bn)
7.4.1.Overview
7.4.2.Construction
7.4.3.Automobile
7.4.4.Agrochemicals
7.4.5.Paints & Coatings
7.4.6.Printing Inks
7.4.7.Artificial Leather

8.Asia Pacific
8.1.Asia Pacific Isophorone Market, by Country, 2015-2027(US$ Bn)
8.1.1.China
8.1.2.Japan
8.1.3.South Korea
8.1.4.India
8.1.5.Australia
8.1.6.New Zealand
8.1.7.Taiwan
8.1.8.Southeast Asia
8.1.9.Central Asia
8.1.10.Rest of Asia Pacific
8.2.Asia Pacific Isophorone Market, by Type, 2015-2027(US$ Bn)
8.2.1.Overview
8.2.2.Liquid condensation
8.2.3.Solid heterogeneous catalytic condensation
8.3.Asia Pacific Isophorone Market, By Application, 2015-2027(US$ Bn)
8.3.1.Overview
8.3.2.Pink ink solvents
8.3.3.Lacquers
8.3.4.Paints
8.3.5.Adhesives
8.3.6.Coatings
8.3.7.Copolymers
8.3.8.Pesticides
8.3.9.Finishing
8.4.Asia Pacific Isophorone Market, by End-use Industry, 2015-2027(US$ Bn)
8.4.1.Overview
8.4.2.Construction
8.4.3.Automobile
8.4.4.Agrochemicals
8.4.5.Paints & Coatings
8.4.6.Printing Inks
8.4.7.Artificial Leather

9.Latin America
9.1.Latin America Isophorone Market, by Country, 2015-2027(US$ Bn)
9.1.1.Brazil
9.1.2.Argentina
9.1.3.Peru
9.1.4.Chile
9.1.5.Colombia
9.1.6.Rest of Latin America
9.2.Latin America Isophorone Market, by Type, 2015-2027(US$ Bn)
9.2.1.Overview
9.2.2.Liquid condensation
9.2.3.Solid heterogeneous catalytic condensation
9.3.Latin America Isophorone Market, By Application, 2015-2027(US$ Bn)
9.3.1.Overview
9.3.2.Pink ink solvents
9.3.3.Lacquers
9.3.4.Paints
9.3.5.Adhesives
9.3.6.Coatings
9.3.7.Copolymers
9.3.8.Pesticides
9.3.9.Finishing
9.4.Latin America Isophorone Market, by End-use Industry, 2015-2027(US$ Bn)
9.4.1.Overview
9.4.2.Construction
9.4.3.Automobile
9.4.4.Agrochemicals
9.4.5.Paints & Coatings
9.4.6.Printing Inks
9.4.7.Artificial Leather

10.Middle East
10.1.Middle East Isophorone Market, by Country, 2015-2027(US$ Bn)
10.1.1.UAE
10.1.2.KSA
10.1.3.Israel
10.1.4.Turkey
10.1.5.Iran
10.1.6.Rest of Middle East
10.2.Middle East Isophorone Market, by Type, 2015-2027(US$ Bn)
10.2.1.Overview
10.2.2.Liquid condensation
10.2.3.Solid heterogeneous catalytic condensation
10.3.Middle East Isophorone Market, By Application, 2015-2027(US$ Bn)
10.3.1.Overview
10.3.2.Pink ink solvents
10.3.3.Lacquers
10.3.4.Paints
10.3.5.Adhesives
10.3.6.Coatings
10.3.7.Copolymers
10.3.8.Pesticides
10.3.9.Finishing
10.4.Middle East Isophorone Market, by End-use Industry, 2015-2027(US$ Bn)
10.4.1.Overview
10.4.2.Construction
10.4.3.Automobile
10.4.4.Agrochemicals
10.4.5.Paints & Coatings
10.4.6.Printing Inks
10.4.7.Artificial Leather

11.Africa
11.1.Africa Isophorone Market, by Country, 2015-2027(US$ Bn)
11.1.1.South Africa
11.1.2.Egypt
11.1.3.Nigeria
11.1.4.Rest of Africa
11.2.Africa Isophorone Market, by Type, 2015-2027(US$ Bn)
11.2.1.Overview
11.2.2.Liquid condensation
11.2.3.Solid heterogeneous catalytic condensation
11.3.Africa Isophorone Market, By Application, 2015-2027(US$ Bn)
11.3.1.Overview
11.3.2.Pink ink solvents
11.3.3.Lacquers
11.3.4.Paints
11.3.5.Adhesives
11.3.6.Coatings
11.3.7.Copolymers
11.3.8.Pesticides
11.3.9.Finishing
11.4.Africa Isophorone Market, by End-use Industry, 2015-2027(US$ Bn)
11.4.1.Overview
11.4.2.Construction
11.4.3.Automobile
11.4.4.Agrochemicals
11.4.5.Paints & Coatings
11.4.6.Printing Inks
11.4.7.Artificial Leather

12.Global
12.1.Global Isophorone Market, by Type, 2015-2027(US$ Bn)
12.1.1.Overview
12.1.2.Liquid condensation
12.1.3.Solid heterogeneous catalytic condensation
12.2.Global Isophorone Market, By Application, 2015-2027(US$ Bn)
12.2.1.Overview
12.2.2.Pink ink solvents
12.2.3.Lacquers
12.2.4.Paints
12.2.5.Adhesives
12.2.6.Coatings
12.2.7.Copolymers
12.2.8.Pesticides
12.2.9.Finishing
12.3.Global Isophorone Market, by End-use Industry, 2015-2027(US$ Bn)
12.3.1.Overview
12.3.2.Construction
12.3.3.Automobile
12.3.4.Agrochemicals
12.3.5.Paints & Coatings
12.3.6.Printing Inks
12.3.7.Artificial Leather

13.Company Profiles
13.1.Arkema Group
13.2.CHAIN FONG
13.3.DowDuPont
13.4.Huntsman
13.5.Penta Manufacturing Company
13.6.TCI Chemicals (India) Pvt. Ltd.
13.7.Evonik Industries
13.8.Jiangsu Huanxin High Tech Materials Co. Ltd
13.9.Ningbo New Material Technology Co. Ltd
13.10.Prasol Chemicals Pvt. Ltd.
13.11.SI Group Inc.
13.12.BASF SE
Covestro AG

List of Figures

FIG. 1 Global Isophorone Market: Research Methodology

FIG. 2 Market Size Estimation – Top Down & Bottom up Approach

FIG. 3 Global Isophorone Market Segmentation

FIG. 4 Global Isophorone Market, by Product, 2019 (US$ Bn)

FIG. 5 Global Isophorone Market, by End-user, 2019 (US$ Bn)

FIG. 6 Global Isophorone Market, by Geography, 2019 (US$ Bn)

FIG. 7 Attractive Investment Proposition, by Geography, 2019

FIG. 8 Global Market Positioning of Key Isophorone Market Manufacturers, 2019

FIG. 9 Global Isophorone Market Value Contribution, By Type, 2019 & 2027 (Value %)

FIG. 10 Global Isophorone Market, by Metal 1, Value, 2015-2027 (US$ Bn)

FIG. 11 Global Isophorone Market, by Metal 2, Value, 2015-2027 (US$ Bn)

FIG. 12 Global Isophorone Market, by Metal 3, Value, 2015-2027 (US$ Bn)

FIG. 13 Global Isophorone Market, by Metal 4, Value, 2015-2027 (US$ Bn)

FIG. 14 Global Isophorone Market, by Metal 5, Value, 2015-2027 (US$ Bn)

FIG. 15 Global Isophorone Market, by Others, Value, 2015-2027 (US$ Bn)

FIG. 16 Global Isophorone Market Value Contribution, By Application, 2019 & 2027 (Value %)

FIG. 17 Global Isophorone Market, by Process 1, Value, 2015-2027 (US$ Bn)

FIG. 18 Global Isophorone Market, by Process 2, Value, 2015-2027 (US$ Bn)

FIG. 19 Global Isophorone Market, by Process 3, Value, 2015-2027 (US$ Bn)

FIG. 20 U.S. Isophorone Market, 2015-2027 (US$ Bn)

FIG. 21 Rest of North America Isophorone Market, 2015-2027 (US$ Bn)

FIG. 22 U.K. Isophorone Market, 2015-2027 (US$ Bn)

FIG. 23 Germany Isophorone Market, 2015-2027 (US$ Bn)

FIG. 24 France Isophorone Market, 2015-2027 (US$ Bn)

FIG. 25 Rest of Europe Isophorone Market, 2015-2027 (US$ Bn)

FIG. 26 Japan Isophorone Market, 2015-2027 (US$ Bn)

FIG. 27 China Isophorone Market, 2015-2027 (US$ Bn)

FIG. 28 India Isophorone Market, 2015-2027 (US$ Bn)

FIG. 29 Rest of Asia Pacific Isophorone Market, 2015-2027 (US$ Bn)

FIG. 30 Middle East & Africa Isophorone Market, 2015-2027 (US$ Bn)

FIG. 31 Latin America Isophorone Market, 2015-2027 (US$ Bn)

List of Tables

TABLE 1 Market Snapshot: Global Isophorone Market

TABLE 2 Global Isophorone Market, by Type, 2015-2027 (US$ Bn)

TABLE 3 Global Isophorone Market, by Application, 2015-2027 (US$ Bn)

TABLE 4 Global Isophorone Market, by End-use Industry, 2015-2027 (US$ Bn)

TABLE 5 Global Isophorone Market, by Geography, 2015-2027 (US$ Bn)

TABLE 6 North America Isophorone Market, by Type, 2015-2027 (US$ Bn)

TABLE 7 North America Isophorone Market, by Application, 2015-2027 (US$ Bn)

TABLE 8 North America Isophorone Market, by Country, 2015-2027 (US$ Bn)

TABLE 9 Europe Isophorone Market, by Type, 2015-2027 (US$ Bn)

TABLE 10 Europe Isophorone Market, by Application, 2015-2027 (US$ Bn)

TABLE 11 Europe Isophorone Market, by Country/Region, 2015-2027 (US$ Bn)

TABLE 12 Asia Pacific Isophorone Market, by Type, 2015-2027 (US$ Bn)

TABLE 13 Asia Pacific Isophorone Market, by Application, 2015-2027 (US$ Bn)

TABLE 14 Asia Pacific Isophorone Market, by Country/Region, 2015-2027 (US$ Bn)

TABLE 15 Latin America Isophorone Market, by Type, 2015-2027 (US$ Bn)

TABLE 16 Latin America Isophorone Market, by Application, 2015-2027 (US$ Bn)

TABLE 17 Latin America Isophorone Market, by Country/Region, 2015-2027 (US$ Bn)

TABLE 18 Middle East Isophorone Market, by Type, 2015-2027 (US$ Bn)

TABLE 19 Middle East Isophorone Market, by Application, 2015-2027 (US$ Bn)

TABLE 20 Middle East Isophorone Market, by Country/Region, 2015-2027 (US$ Bn)

TABLE 21 Africa Isophorone Market, by Type, 2015-2027 (US$ Bn)

TABLE 22 Africa Isophorone Market, by Application, 2015-2027 (US$ Bn)

TABLE 23 Africa Isophorone Market, by Country/Region, 2015-2027 (US$ Bn)

TABLE 24 Arkema Group: Company Snapshot (Company Overview; Product Portfolio; Financial Information; Key Developments)

TABLE 25 CHAIN FONG: Company Snapshot (Company Overview; Product Portfolio; Financial Information; Key Developments)

TABLE 26  DowDuPont: Company Snapshot (Company Overview; Product Portfolio; Financial Information; Key Developments)

TABLE 27 Penta Manufacturing Company,: Company Snapshot (Company Overview; Product Portfolio; Financial Information; Key Developments)

TABLE 28 TCI Chemicals (India) Pvt. Ltd,: Company Snapshot (Company Overview; Product Portfolio; Financial Information; Key Developments)

TABLE 29  Jiangsu Huanxin High Tech Materials Co. Ltd: Company Snapshot (Company Overview; Product Portfolio; Financial Information; Key Developments

TABLE 30 , Ningbo New Material Technology Co. Ltd.: Company Snapshot (Company Overview; Product Portfolio; Financial Information; Key Developments

TABLE 31 Prasol Chemicals Pvt. Ltd: Company Snapshot (Company Overview; Product Portfolio; Financial Information; Key Developments

TABLE 32 SI Group Inc.: Company Snapshot (Company Overview; Product Portfolio; Financial Information; Key Developments

TABLE 33 BASF SE: Company Snapshot (Company Overview; Product Portfolio; Financial Information; Key Developments

Covestro AG: Company Snapshot (Company Overview; Product Portfolio; Financial Information; Key Developments

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