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Isophorone Market Growth Survey 2021 with Top Countries Data: Industry Size, Share, Future Challenges, Revenue, Demand, Industry Growth and Top Players Analysis | With Covid 19 Analysis

IsophoroneThe Isophorone report covers analysis on regional and country level market dynamics. The scope also covers competitive overview providing company market shares along with company profiles for major revenue contributing companies. 360 Market Updates adds Global Isophorone Market 2021 report that offers an exhaustive coverage of the industry with brief analysis, data charts, figures, statistics that help take business decisions, company profiles and more.COVID-19 can affect the global economy in three main ways: by directly affecting production and demand, by creating supply chain and market disruption, and by its financial impact on firms and financial markets.

Global “Isophorone Market” Report 2021 studies the global market competition landscape, market drivers and trends, opportunities and challenges, risks and entry barriers, sales channels, distributors, and Porter’s Five Forces Analysis. Also, Isophorone Market is predicted to grow at a CAGR of 4.32 during the forecast period. And report provides a complete market overview, a list of top manufactures, the scope of the report, key market trends of the Isophorone market, and the main aspect of the report- why do you have to buy this research report? So don’t miss it.

The report gives – Who are the global key players in this keyword market? What are their company profile, product information, and contact information?  What Was the Global Market Status of Isophorone Market? What Was Capacity, Production Value, Cost and PROFIT of Isophorone Market?

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Isophorone Market Overview 2021:

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 & Coatings

Paints & coatings is one of the key consumers of isophorone market. Isophorone is used in the manufacture of various paints & coatings owing to its ability to enhance the fluidity of the coating. The demand for paints & 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 & 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 & 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 & 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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Top Key-players/Leading Manufacturers of Isophorone Market:

  • Arkema
  • BASF
  • Bayer
  • CHAIN FONG
  • Covestro
  • DowDuPont
  • Evonik Industries
  • Greenchem Industries LLC
  • Henan energy chemical industry group co. LTD.
  • Huntsman
  • Jiangsu Huanxin High Tech Materials Co.
  • Mitsui Chemicals
  • Inc.
  • Prasol Chemicals PVT. LTD.
  • QianYan New Material Technology Co. Ltd
  • SI Group
  • Vencorex
  • Wanhua Chemical Group Co. LTD

With tables and figures helping analyze the worldwide Global Isophorone market, this research provides key statistics on the state of the industry and is a valuable source of guidance and direction for companies and individuals interested in the market.

The Global Isophorone market analysis is provided for the international markets including development trends, competitive landscape analysis, and key regions development status. Development policies and plans are discussed as well as manufacturing processes and cost structures are also analyzed.

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Key Developments in the Isophorone Market:
July 2017: Evonik Industries AG had announced the merger of isophorone chemistry and epoxy curing agents business with the new cross linkers business line. The newly formed Business Line, will be part of the Resource Efficiency Segment

This Isophorone Market Research/analysis Report Contains Answers to your following Questions

  • What Should Be Entry Strategies, Countermeasures to Economic Impact, and Marketing Channels for Isophorone Industry?
  • What Was the Global Market Status of Isophorone Market? What Was Capacity, Production Value, Cost, and PROFIT of Isophorone Market?
  • What Are Projections of Global Isophorone Industry Considering Capacity, Production, and Production Value? What Will Be the Estimation of Cost and Profit? What Will Be Market Share, Supply, and Consumption? What about Import and Export?
  • What Is Isophorone Market Chain Analysis by Upstream Raw Materials and Downstream Industry?

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  • What Is Economic Impact On Isophorone Industry? What are Global Macroeconomic Environment Analysis Results? What Are Global Macroeconomic Environment Development Trends?
  • Which Manufacturing Technology is used for Isophorone? What Developments Are Going On in That Technology? Which Trends Are Causing These Developments?
  • Who Are the Global Key Players in This Isophorone Market? What are Their Company Profile, Their Product Information, and Contact Information?
  • What Is the Current Market Status of the Isophorone Industry? What’s Market Competition in This Industry, Both Company, and Country Wise? What’s Market Analysis of Isophorone Market by Taking Applications and Types in Consideration?
  • What Are Market Dynamics of Isophorone Market? What Are Challenges and Opportunities?

Reasons to Purchase Isophorone Market Report:

  • The report analyses how stringent emission control norms will drive the global Isophorone market.
  • Analyzing various perspectives of the market with the help of Porter’s five forces analysis.
  • Study on the product type that is expected to dominate the market.
  • Study on the regions that are expected to witness the fastest growth during the forecast period.
  • Identify the latest developments, market shares, and strategies employed by the major Isophorone market players.
  • 3 months’ analyst support along with the Market Estimate sheet (in excel).

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