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Isoprenol Market

Isoprenol Market

Isoprenol Market, Forecast, Trend, Analysis & Competition Tracking - Global Market Insights 2021 to 2031

Isoprenol Market
FACT5864MR

About the Report

The global isoprenol market is gaining momentum and set to expand at around 6.5% CAGR through 2031. Advancements in manufacturing coupled with rise in application in agrochemicals, pharmaceuticals, and flavors & fragrances are expected to raise the revenue of isoprenol suppliers over the coming years.

A new report on isoprenol by Fact.MR offers detailed analysis of the global industry, demand-supply trajectories, and growth & restraining factors for the forecast period of 2021 to 2031. According to the report, North America and Europe will lead the global industry, while the market in Asia Pacific will register the fastest growth throughout the forecast period.

Historical Trends Vs. Future Outlook on Isoprenol Sales

The market gained traction over the past years as application is diverse sectors such as agrochemicals and flavors & fragrances, to name a few, increased. Furthermore, growing number of R&D activities by key manufacturers and a flurry inventions launched by them aided in industry growth during the last 5 years from 2016 to 2020.

Manufacturers of isoprenol are expected to thrive on advanced technical and chemical solutions adopted by them. With increase in requirement from key application sectors, they are expected to gain more revenue over the coming years. Overall the industry is set to exhibit robust growth through 2031, expanding at a CAGR of around 6.5% over the next ten years.

Know More Details About the Report

How is High Requirement in Agrochemicals Catering to Growth of the Isoprenol Industry?

Isoprenol is widely used in the agrochemical sector in various ways, such as-

  • Development of insecticides
  • Production of pesticides
  • Making other crop protection chemicals

With increase in demand from this sector, manufacturers of isoprenol are expected to get gain opportunities over the coming years.

According to a report titled “Agribusiness Spotlight”, published by SelectUSA, the U.S. agribusiness is a major contributor to the global industry, while it contributed over US$ 159 billion in sales to the U.S. economy in 2018.

As stated in the report, Foreign Direct Investment (FDI) in the U.S. agribusiness sector was worth more than US$ 14 billion in 2018. These figures give a glimpse of the growing opportunities for isoprenol suppliers around the world.

What are the Key Challenges Faced by Isoprenol Manufacturers?

There are a few disadvantages of isoprenol that manufacturers often find challenging, such as-

  • The process cycle of isoprenol is complex
  • Development of isoprenol requires costly ingredients, laboratory set-ups, and experts handling
  • Higher cost to transit
  • If not handled properly, may cause reactions or adverse side effects

Also, the outbreak of COVID-19 took a toll on the manufacturing process of isoprenol. However, with growing R&D activities by leading players, the isoprenol industry is expected to flourish and overcome these few restraints.

isoprenol market

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Country-Wise Analysis

What’s Fueling Sales of Isoporenol in the United States?

The United States is leading the sales of isoprenol in in North America, and is expected to remain dominant throughout the forecast period. Rise in demand from agrichemical and pharmaceutical industries is propelling the growth of isoprenol manufacturers in the country.

According to a report titled “The Biopharmaceutical Industry in the United States”, published by SelectUSA, total economic impact of the U.S. biopharmaceutical sector included US$ 558 billion revenue, as in 2018. As stated in the report, more than 800,000 people work in the U.S. biopharmaceutical sector, creating nearly 5 million jobs in the U.S. This explains well why market players are targeting the U.S. to excel in this industry.

How Lucrative is the German Market for Isoprenol?

Germany is dominating Europe’s market for isoprenol, and is likely to exhibit hegemony through 2031. Backed by advanced pharmaceutical and manufacturing sectors, Germany is the hotspot for isoprenol suppliers.

According to a report published by the European Federation of Pharmaceutical Industries and Associations (EFPIA) in 2019, the pharmaceutical industry invested more than EUR 35,300 million in R&D in Europe, where Germany utilized a major portion of the contribution. As stated in the report, Europe accounts for 23.2% of global pharmaceutical sales, while Germany accounts for a major portion of these sales in the continent. This, in turn, is paving new paths for isoprenol manufacturers in the country.

Why is China Drawing the Attention of Isoprenol Manufacturers?

China is at the forefront of the world’s fastest-growing market for isoprenol - Asia Pacific, and is predicted to maintain its leading position throughout the forecast period. Increase in requirement from pharmaceutical and flavor & fragrance industries is boosting sales in China.

According to a report published by SelectUSA, China’s pharmaceutical industry value reached almost US$ 134 billion in 2018 and US$ 154 billion in 2020. As stated in the report, with the Chinese government increasing investments in healthcare and R&D, China presents great opportunities for innovative products and technologies in the pharmaceutical sector. No doubt that isoprenol stakeholders are eyeing China to increase their sales footprint and profit margins.

Will India Take the Spotlight in the Isoprenol Industry?

India’s isoprenol market is highly progressive and expected to offer great opportunities throughout the forecast period. Highly advanced pharmaceutical and agriculture industries are bolstering sales in the country.

As stated in a report published by the India Brand Equity Foundation (IBEF), India ranks 3rd in the world for pharmaceutical production by volume and 14th by value. According to the report, India has an established domestic pharmaceutical industry with a strong network of 3,000 drug companies and 10,500 manufacturing units. This factor reveals why suppliers of isoprenol are drawn towards India in order to widen their growth scope.

Category-Wise Insights

Which Application of Isoprenol is Driving Overall Sales?

Presently, agrochemicals and flavors & fragrances segments are the most lucrative ones in terms of application, and are expected to remain in a leading position over the coming years. Isoprenol has wide application in these sectors, such as-

  • Building block of aromatic ingredients
  • Production of pesticides
  • Developing insecticides

Another key segment propelling market growth is pharmaceuticals.

An Adaptive Approach to Modern-day Research Needs

Competitive Landscape

The global isoprenol industry is highly competitive. In order to sail through the strict competition, players are launching a diverse range of products.

For instance,

  • Sure Chemical Co., Ltd. recently launched its new range of Isoprenol Agricultural Fertilizer, Admixtures, and others.
  • Kuraray Co., Ltd. launched its new range of 763-32-6 Isoprenol for Aroma Chemicals and with other standard grades, a couple of years back.

Report Scope

Attribute

Details

Forecast Period

2021-2031

Historical Data Available for

2016-2020

Market Analysis

USD Million for Value

Key Regions Covered

  • North America
  • Latin America
  • Europe
  • South Asia
  • East Asia
  • the Middle East & Africa
  • Oceania

Key Countries Covered

  • US
  • Canada
  • Germany
  • U.K.
  • France
  • Italy
  • Spain
  • Poland
  • Russia
  • China
  • Japan
  • South Korea
  • India
  • Thailand
  • Malaysia
  • Vietnam
  • Indonesia
  • Australia
  • New Zealand
  • GCC Countries
  • Turkey
  • Northern Africa
  • South Africa

Key Segments Covered

  • Application
  • Region

Key Companies Profiled

  • BASF SE
  • Kuraray Co., Ltd.
  • Amyris, Inc.
  • Spectrum Chemical Manufacturing Corp.
  • Tokyo Chemical Industry Co., Ltd.
  • Toronto Research Chemicals Inc.
  • Haihang Industry Co., Ltd.
  • Sure Chemical Co., Ltd.

Report Coverage

  • Market Forecasts
  • Brand Share Analysis
  • Competition Intelligence
  • DROT Analysis
  • Market Dynamics and Challenges
  • Strategic Growth Initiatives

Customization & Pricing

Available upon Request

Market Segmentation by Category

Application

  • Isoprenol for Agrochemicals
  • Isoprenol for Pharmaceuticals
  • Isoprenol for Flavors & Fragrances
  • Isoprenol for Polymers
  • Others

Region

  • North America
  • Latin America
  • Europe
  • Middle East and Africa (MEA)
  • East Asia
  • South Asia
  • Oceania

Isoprenol Market - Scope of Report

A recent study by Fact.MR on the isoprenol market offers a 10-year forecast from 2021 to 2031. The study analyzes crucial trends that are currently determining market growth. This report explicates on vital dynamics, such as the drivers, restraints, and opportunities for key market players along with key stakeholders and emerging players associated with isoprenol. The study also provides the dynamics that are responsible for influencing the future status of the market over the forecast period.

A detailed assessment of the value chain analysis, business execution, and supply chain analysis across regional markets has been covered in the report. A list of prominent companies manufacturing isoprenol, along with their product portfolios, enhances the reliability of this comprehensive research study.

Report Summary

The study offers comprehensive analysis on diverse features, including demand, product development, revenue generation, and sales of isoprenol across regions.

A comprehensive estimate on the market has been provided through an optimistic as well as a conservative scenario, taking into account sales during the forecast period. Price point comparison by region with global average price is also considered in the study.

Key Questions Answered in Report

  • Which are the most lucrative markets for isoprenol?
  • Which factors will impact demand for isoprenol?
  • How will changing trends impact the strategies of market players?
  • How can market players capture the low-hanging opportunities across regions?
  • Which companies are leading the isoprenol market?
  • What are the winning strategies of stakeholders in the isoprenol landscape?

Inspected Assessment on Regional Segments

Key sections have been elaborated in the report, which have helped deliver projections on regional markets. These chapters include regional macros (political, economic, and business environment outlook), which are expected to have a momentous influence on the growth of the market during the forecast period.

Country-specific valuation on demand for isoprenol has been offered for each regional market, along with market scope estimates and forecasts, price index, and impact analysis of the dynamics of prominence in regions and countries. For all regional markets, Y-o-Y growth estimates have also been incorporated in the report.

Detailed breakup in terms of value for emerging countries has also been included in the report.

Research Methodology

In Fact.MR’s study, a unique research methodology is utilized to conduct extensive research on the growth of the isoprenol market, and reach conclusions on the future growth parameters of the market. This research methodology is a combination of primary and secondary research, which helps analysts ensure the accuracy and reliability of the drawn conclusions.

Secondary resources referred to by analysts during the preparation of the market study include statistics from governmental organizations, trade journals, white papers, and internal and external proprietary databases. Analysts have interviewed senior managers, product portfolio managers, CEOs, VPs, marketing/product managers, and market intelligence managers, all of whom have contributed to the development of the research report as a primary resource.

- FAQs -

Some of the top companies manufacturing isoprenol are Sure Chemical Co., Ltd., Amyris, Inc., and BASF SE.

The United States, Germany, China, Japan, India, the United Kingdom, Canada, Italy, France, and a few others are lucrative markets for isoprenol, and are expected to dominate throughout the forecast period.

Presently, agrochemicals and flavours & fragrances are the most lucrative in terms of application, and is expected to remain dominant over the forecast period of 2021 to 2031.

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Is the market research conducted by Fact.MR?

Yes, the report has been compiled by expert analysts of Fact.MR, through a combination of primary and secondary research. To know more about how the research was conducted, you can speak to a research analyst.

What research methodology is followed by Fact.MR?

Fact.MR follows a methodology that encompasses the demand-side assessment of the market, and triangulates the same through a supply-side analysis. This methodology is based on the use of standard market structure, methods, and definitions.

What are the sources of secondary research?

Fact.MR conducts extensive secondary research through proprietary databases, paid databases, and information available in the public domain. We refer to industry associations, company press releases, annual reports, investor presentations, and research papers. More information about desk research is available upon request.

Who are the respondents for primary research?

Fact.MR speaks to stakeholders across the spectrum, including C-level executives, distributors, product manufacturers, and industry experts. For a full list of primary respondents, please reach out to us.

Is a sample of this report available for evaluation?

Yes, you can request a sample, and it will be sent to you through an email.