Market Overview:
The global isophthalonitrile 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 isophthalonitrile from epoxy resin curing agent and pesticide applications. Asia Pacific is expected to be the fastest-growing region in the global isophthalonitrile market during the forecast period.
Product Definition:
An organic compound with the formula C6H4N2O, a nitrile derivative of benzene. It is a colorless liquid that is soluble in organic solvents. Isophthalonitrile is used in the production of polyamides and other engineering plastics.
Premium Grade:
Isophthalonitrile (IPN) is a colorless liquid that is soluble in water and aliphatic hydrocarbons. It has the ability to form crystals at room temperature. IPN can be produced by several methods, including the chlorination of propane and butanes, treatment of propylene with nitric acid or hydrochloric acid, direct oxidation of propane with air as a catalyst, and hydrogenation of n-butanol in presence butadiene.
First Grade:
First grade isophthalonitrile (PAN) is a colorless liquid with an odor similar to petroleum. It has a density of 0.8g/cm3 and boiling point of -4°C. First-grade PAN is used in the production of polyurethane foams, which are widely utilized in various end-use industries such as furniture, transportation, packaging and electrical appliances among others.
Application Insights:
The global isophthalonitrile market has been segmented on the basis of application into epoxy resin curing agent, pesticide, and others. Epoxy resins are used in a variety of industries including adhesives & sealants, coatings & paints, and plasticizers. The demand for epoxy resins is anticipated to witness growth owing to their increasing use in manufacturing electrical equipment as well as automotive parts.
Pesticides were the largest application segment accounting for over 40% share of the overall revenue in 2017 due to high usage rates across various agrochemicals such as herbicides and insecticides among others globally. Increasing use of these chemicals along with technological advancements are expected to drive demand from this sector over the forecast period significantly contributing towards industry growth globally.
Regional Analysis:
Asia Pacific isophthalonitrile market led the global industry and accounted for over half of the overall revenue in 2016. The region is expected to continue its dominance over the forecast period owing to high product demand from end-use industries such as paints & coatings, automotive, construction, agriculture and others.
The increasing production of automobiles in China coupled with growing consumer disposable income levels are likely to drive regional growth. Rising investments by domestic manufacturers such as Changan Automobile Group; Dongfeng Motor Corporation; BYD Auto Co., Ltd.; FAW Group Co., Ltd.; Haima Glass (Group) Company Limited; JMC Automotive Holdings Limited; NISSAN Motor Corporation Ltd.; SINOPEC Saudi Arabia Petrochemicals Company (PSPC); Tianjin Jinbei Petrochemical Corp.; Volkswagen AG etc will further propel industry expansion over the coming years.
Europe was estimated at USD X billion in 2016.
Growth Factors:
- Increasing demand from end-use industries such as paints and coatings, adhesives and sealants, and plastics is expected to drive the growth of the isophthalonitrile market over the forecast period.
- Rising demand for engineering plastics owing to their properties such as high heat resistance, toughness, and chemical resistance is anticipated to boost the market growth.
- Growing consumption of polyamides in automotive applications is projected to fuel the demand for isophthalonitrile in this sector over the next few years.
- Stringent environmental regulations pertaining to VOC emissions are likely to propel manufacturers towards development of low-VOC emitting products which will subsequently boost market growth during the forecast period.
Scope Of The Report
Report Attributes
Report Details
Report Title
Isophthalonitrile Market Research Report
By Type
Premium Grade, First Grade
By Application
Epoxy Resin Curing Agent, Pesticide, Others
By Companies
Suli, Jiangsu Weunite Fine Chemical, CAC GROUP
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
239
Number of Tables & Figures
168
Customization Available
Yes, the report can be customized as per your need.
Global Isophthalonitrile Market Report Segments:
The global Isophthalonitrile market is segmented on the basis of:
Types
Premium Grade, First Grade
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
Epoxy Resin Curing Agent, Pesticide, Others
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:
- Suli
- Jiangsu Weunite Fine Chemical
- CAC GROUP
Highlights of The Isophthalonitrile 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:
- Premium Grade
- First Grade
- By Application:
- Epoxy Resin Curing Agent
- Pesticide
- Others
- 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 Isophthalonitrile 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
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
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?
Isophthalonitrile is a colorless, flammable liquid with a sweet odor. It is used in the production of plastics and other materials.
Some of the major companies in the isophthalonitrile market are Suli, Jiangsu Weunite Fine Chemical, CAC GROUP.
The isophthalonitrile market is expected to grow at a compound annual growth rate of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Isophthalonitrile Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Isophthalonitrile Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Isophthalonitrile Market - Supply Chain
4.5. Global Isophthalonitrile Market Forecast
4.5.1. Isophthalonitrile Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Isophthalonitrile Market Size (000 Units) and Y-o-Y Growth
4.5.3. Isophthalonitrile Market Absolute $ Opportunity
5. Global Isophthalonitrile Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Isophthalonitrile Market Size and Volume Forecast by Type
5.3.1. Premium Grade
5.3.2. First Grade
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Isophthalonitrile Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Isophthalonitrile Market Size and Volume Forecast by Application
6.3.1. Epoxy Resin Curing Agent
6.3.2. Pesticide
6.3.3. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Isophthalonitrile Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Isophthalonitrile Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Isophthalonitrile Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Isophthalonitrile Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Isophthalonitrile Demand Share Forecast, 2019-2026
9. North America Isophthalonitrile Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Isophthalonitrile Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Isophthalonitrile Market Size and Volume Forecast by Application
9.4.1. Epoxy Resin Curing Agent
9.4.2. Pesticide
9.4.3. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Isophthalonitrile Market Size and Volume Forecast by Type
9.7.1. Premium Grade
9.7.2. First Grade
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Isophthalonitrile Demand Share Forecast, 2019-2026
10. Latin America Isophthalonitrile Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Isophthalonitrile Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Isophthalonitrile Market Size and Volume Forecast by Application
10.4.1. Epoxy Resin Curing Agent
10.4.2. Pesticide
10.4.3. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Isophthalonitrile Market Size and Volume Forecast by Type
10.7.1. Premium Grade
10.7.2. First Grade
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Isophthalonitrile Demand Share Forecast, 2019-2026
11. Europe Isophthalonitrile Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Isophthalonitrile Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Isophthalonitrile Market Size and Volume Forecast by Application
11.4.1. Epoxy Resin Curing Agent
11.4.2. Pesticide
11.4.3. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Isophthalonitrile Market Size and Volume Forecast by Type
11.7.1. Premium Grade
11.7.2. First Grade
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Isophthalonitrile Demand Share, 2019-2026
12. Asia Pacific Isophthalonitrile Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Isophthalonitrile Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Isophthalonitrile Market Size and Volume Forecast by Application
12.4.1. Epoxy Resin Curing Agent
12.4.2. Pesticide
12.4.3. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Isophthalonitrile Market Size and Volume Forecast by Type
12.7.1. Premium Grade
12.7.2. First Grade
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Isophthalonitrile Demand Share, 2019-2026
13. Middle East & Africa Isophthalonitrile Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Isophthalonitrile Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Isophthalonitrile Market Size and Volume Forecast by Application
13.4.1. Epoxy Resin Curing Agent
13.4.2. Pesticide
13.4.3. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Isophthalonitrile Market Size and Volume Forecast by Type
13.7.1. Premium Grade
13.7.2. First Grade
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Isophthalonitrile Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Isophthalonitrile Market: Market Share Analysis
14.2. Isophthalonitrile Distributors and Customers
14.3. Isophthalonitrile Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Suli
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Jiangsu Weunite Fine Chemical
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. CAC GROUP
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. COMPANY4
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. COMPANY5
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. COMPANY6
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. COMPANY7
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. COMPANY8
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. COMPANY9
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. COMPANY 10
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
