The Isosorbide market, valued at USD 664.3 Billion in 2023, is projected to surpass USD 1365.4 Billion by 2032, indicating a robust CAGR of 8.4%

Isosorbide is a bio-based chemical compound derived from renewable sources like glucose or sorbitol. Structurally, it belongs to the family of bicyclic diols and is known for its high rigidity, thermal stability, and biodegradability. As an eco-friendly alternative to petrochemical-based compounds, isosorbide is used across various industries.

One of its primary applications is in the production of bioplastics, particularly in polycarbonate and polyethylene isosorbide terephthalate (PEIT) production. It improves the durability, heat resistance, and transparency of these materials. Isosorbide also finds use in pharmaceuticals, especially in the formulation of drugs for heart diseases like angina, where it serves as a vasodilator. Additionally, it is employed in coatings, resins, and plasticizers, contributing to the sustainability of these materials. The compound’s growing popularity aligns with the increasing demand for greener alternatives in industrial applications.

Isosorbide Market Statistics

• The global isosorbide market reached USD 664.3 billion in 2023, with an expected CAGR of over 8.4% from 2024 to 2032
• Asia-Pacific led the market, generating USD 212.6 million in revenue in 2023
• North America is set to witness strong growth, with a projected CAGR of 9.2%
• The polyethylene isosorbide terephthalate (PEIT) application sub-segment is anticipated to grow by 26% in 2023
• The resins & polymers end-user sub-segment accounted for 51% of the market share in 2023
• A discernible trend in the isosorbide market is increasing use in pharmaceuticals as a diuretic and vasodilator

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Isosorbide Market Dynamics

Increasing Demand for Bio-Based Polymers Fuels the Isosorbide Market Value

The increasing demand for bio-based polymers is significantly driving the growth of the isosorbide market. As industries seek sustainable alternatives to conventional petroleum-based materials, isosorbide, derived from renewable resources, has gained traction due to its eco-friendly properties. This biopolymer is valued for its versatility in applications such as packaging, automotive components, and textiles, aligning with the global shift toward sustainability. Furthermore, government regulations and consumer preferences favoring biodegradable products are accelerating the adoption of isosorbide-based materials. With its ability to enhance performance while reducing environmental impact, isosorbide is becoming a preferred choice for manufacturers. This trend not only boosts market value but also encourages innovations in biopolymer formulations. For instance, in July 2022, Cargill announced the completion of the majority acquisition of Croda's Performance Technologies and Industrial Chemicals division; the former Croda Smart Materials business is now formally part of Cargill Bioindustrial. The acquisition is the largest in Cargill's bio-industrial sector, bringing in around 750 employees from around the world. Furthermore, about 85 percent of the raw materials utilized to manufacture the commodities added to Cargill's bio-industrial portfolio are renewable and/or bio-based, consistent with the company's commitment to sustainability. Overall, the isosorbide market is poised for significant expansion as the push for sustainable materials continues to grow.

Growing Use in Pharmaceuticals and Cosmetics Offer Significant Isosorbide Market Opportunity

The growing use of isosorbide in pharmaceuticals and cosmetics is creating significant market opportunities due to its eco-friendly, biodegradable properties. In the pharmaceutical sector, isosorbide is used in drug formulations, especially as a diuretic and for heart disease treatments. Its application in cosmetics is driven by its function as a bio-based ingredient, offering skin-conditioning and moisturizing benefits. Additionally, the shift towards sustainable and green chemistry has increased demand for isosorbide as a replacement for petroleum-based chemicals. These trends are expected to fuel the market's growth in the coming years.

Isosorbide Market Segmentation

The global market for isosorbide has been segmented into application, end-use, and region.

• Application are divided into polyethylene isosorbide terephthalate (PEIT), polycarbonate, polyurethane, polyester polyisosorbide, isosorbide diesters, and others
• End-use are categorized into resins & polymers, additives, and others
• The isosorbide market is geographically split into Europe, North America, Latin America, APAC, and the Middle East and Africa

Isosorbide Market Regional Outlook

In terms of isosorbide market analysis, in the Asia-Pacific region, the isosorbide market is dominated by significant demand from industries such as pharmaceuticals, polymers, and personal care. Countries like China and Japan are leading producers and consumers, benefiting from strong industrial growth and increasing emphasis on sustainable materials. For instance, Mitsubishi Chemicals introduced a new product called "DURABIO" in May 2022. Suzuki Motor uses this as an application for the front grill of its S-CROSS brand. The product is created from isosorbide, a plant-derived raw material that has excellent qualities such as heat, weather, and impact resistance. The region's large population and rising environmental awareness drive demand for bio-based products, including Isosorbide. Moreover, favorable government policies supporting green chemistry enhance market growth.

In North America, the isosorbide market is the fastest-growing, driven by rising consumer interest in eco-friendly materials and strong adoption across bio-plastics and pharmaceutical sectors. The U.S. leads the region, with robust R&D activities and technological advancements pushing innovation. Growing regulatory pressures on reducing carbon emissions and environmental impact have encouraged companies to turn to bio-based alternatives like Isosorbide. The demand is also fueled by partnerships and investments in sustainable technologies.

Isosorbide Market Players

Isosorbide companies profiled in the report include Novomer, Mitsubishi Chemical, Genomatica, Novaphene, Roquette Frères, Par Pharmaceutical, Cargill, Tate and Lyle, SK Chemical, BioAmber, and Archer Daniels Midland.

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