Market Overview:
The global isatoic anhydride market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for isatoic anhydride in various applications such as medicine, pesticide, dye, and others. Additionally, factors such as rising demand from emerging economies and growing investments by key players are also contributing to the growth of this market. However, volatility in prices of raw materials may restrain the growth of this market during the forecast period. On the basis of type, 97% purity segment held a major share of 63% in 2017 and is projected to grow at a CAGR of 5.4% during 2018-2030 owing to its high purity level which makes it suitable for various applications including pharmaceuticals and agrochemicals among others. On account on application wise segmentation medical accounted for majority share i e 38 %of global Isatoic Anhydride Market revenue generated In 2017 .
Product Definition:
An organic compound formed by the reaction of an isatoic acid with an alcohol.
97% Purity:
It's major applications include in manufacturing of electronic & electrical components, adhesives, sealants and coatings. 97% purity is also used in producing specialty polymers which are further utilized for manufacturing high-performance composites for automotive industry and aerospace engineering applications.
98% Purity:
98% Purity is a high purity form of isatoic anhydride. It has applications in the pharmaceutical industry and chemical synthesis market. 98% Purity means that there are no other impurities present, which can be detected by flame tests, infrared spectroscopy or X-ray diffraction analysis.
98% pure product has over 50 times more solubility than its counterpart 70%.
Application Insights:
The other application segment includes the use of isatoic anhydride for manufacturing polyurethane and adipic acid. Polyurethanes are used in a variety of industries including construction, automotive, packaging, textile and footwear on account of their excellent characteristics such as flexibility, durability and versatility. The demand for PU from various sectors is expected to drive the global market over the forecast period.
Adipic acid is primarily used as a building block in the manufacture of nylon 6 fibers which are further utilized in various end-use industries such as textile and polymer production owing to its high strength-to-weight ratio. Growing demand for nylon 6 fibers from various end-use industries has led to an increase in adipic acid production which will have a positive impact on market growth over the coming years.
Regional Analysis:
Asia Pacific is expected to be the largest as well as the fastest-growing regional market over the forecast period. The growth can be attributed to increasing demand for ITI in various applications such as dyes, medicines, pesticides and other chemicals. China emerged dominant producer of isatoic anhydride owing to easy availability of raw materials coupled with low manufacturing cost compared to developed economies in North America and Europe.
The Asia Pacific region accounted for a volume share of more than 50% in 2017 on account of high production levels observed across major economies including China, India, Japan and South Korea. In addition, favorable regulatory policies are likely to boost product demand over the coming years which would further propel regional market growth from 2018 to 2030 time frame.
China dominated global production followed by U.S.
Growth Factors:
- Increasing demand from end-use industries such as paints and coatings, adhesives and sealants, and composites
- Rising demand for isatoic anhydride in Asia Pacific due to the growth of the automotive industry
- Growing use of isatoic anhydride in polymer modification applications
- Increasing investments by manufacturers in R&D to develop new products and applications
- Expansion of production capacities by key players to meet the growing demand for isatoic anhydride
Scope Of The Report
Report Attributes
Report Details
Report Title
Isatoic Anhydride Market Research Report
By Type
97% Purity, 98% Purity, 99% Purity
By Application
Medicine, Pesticide, Dye, Other
By Companies
MedicalChem(Yancheng)Manuf.Co., New Sunlion Chemical Group, Jingjiang Lechuang Biotechnology
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
183
Number of Tables & Figures
129
Customization Available
Yes, the report can be customized as per your need.
Global Isatoic Anhydride Market Report Segments:
The global Isatoic Anhydride market is segmented on the basis of:
Types
97% Purity, 98% Purity, 99% Purity
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Medicine, Pesticide, Dye, Other
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- MedicalChem(Yancheng)Manuf.Co.
- New Sunlion Chemical Group
- Jingjiang Lechuang Biotechnology
Highlights of The Isatoic Anhydride Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- 97% Purity
- 98% Purity
- 99% Purity
- By Application:
- Medicine
- Pesticide
- Dye
- Other
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Isatoic Anhydride Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
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- Consumer Insights
- Understanding Competition Scenario
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Isatoic anhydride is a chemical compound with the formula CH 3 COOH. It is a colorless, volatile liquid that smells like vinegar. Isatoic anhydride is used in manufacturing various chemicals and plastics.
Some of the major players in the isatoic anhydride market are MedicalChem(Yancheng)Manuf.Co., New Sunlion Chemical Group, Jingjiang Lechuang Biotechnology.
The isatoic anhydride market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Isatoic Anhydride Market Overview 4.1 Introduction 4.1.1 Market Taxonomy 4.1.2 Market Definition 4.1.3 Macro-Economic Factors Impacting the Market Growth 4.2 Isatoic Anhydride Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Isatoic Anhydride Market - Supply Chain Analysis 4.3.1 List of Key Suppliers 4.3.2 List of Key Distributors 4.3.3 List of Key Consumers 4.4 Key Forces Shaping the Isatoic Anhydride Market 4.4.1 Bargaining Power of Suppliers 4.4.2 Bargaining Power of Buyers 4.4.3 Threat of Substitution 4.4.4 Threat of New Entrants 4.4.5 Competitive Rivalry 4.5 Global Isatoic Anhydride Market Size & Forecast, 2020-2028 4.5.1 Isatoic Anhydride Market Size and Y-o-Y Growth 4.5.2 Isatoic Anhydride Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 97% Purity
5.2.2 98% Purity
5.2.3 99% Purity
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Medicine
6.2.2 Pesticide
6.2.3 Dye
6.2.4 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Isatoic Anhydride Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Isatoic Anhydride Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 97% Purity
9.6.2 98% Purity
9.6.3 99% Purity
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Medicine
9.10.2 Pesticide
9.10.3 Dye
9.10.4 Other
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 97% Purity
10.6.2 98% Purity
10.6.3 99% Purity
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Medicine
10.10.2 Pesticide
10.10.3 Dye
10.10.4 Other
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 97% Purity
11.6.2 98% Purity
11.6.3 99% Purity
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Medicine
11.10.2 Pesticide
11.10.3 Dye
11.10.4 Other
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 97% Purity
12.6.2 98% Purity
12.6.3 99% Purity
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Medicine
12.10.2 Pesticide
12.10.3 Dye
12.10.4 Other
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 97% Purity
13.6.2 98% Purity
13.6.3 99% Purity
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Medicine
13.10.2 Pesticide
13.10.3 Dye
13.10.4 Other
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Isatoic Anhydride Market: Competitive Dashboard
14.2 Global Isatoic Anhydride Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 MedicalChem(Yancheng)Manuf.Co.
14.3.2 New Sunlion Chemical Group
14.3.3 Jingjiang Lechuang Biotechnology