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© 2016 Global Market Insights, Inc. USA. All Rights Reserved Isophorone Market predicted to grow exponentially by 2025: Global Market.

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Presentation on theme: "© 2016 Global Market Insights, Inc. USA. All Rights Reserved Isophorone Market predicted to grow exponentially by 2025: Global Market."— Presentation transcript:

1 © 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com Isophorone Market predicted to grow exponentially by 2025: Global Market Insights, Inc.

2 © 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com  Isophorone market will experience a global demand from Asia Pacific region over the forecast period. It will be due to its solvent application in wide number of end user industries, that will experience demand in countries including China and India. Paints & coating industry growth is coupled with automotive and construction industry progress in Asia Pacific and Latin America will complement product demand. Increasing automotive OEM manufacturing activities in Latin American countries such as Mexico and Brazil will drive the paints & coatings and adhesive demand. Furthermore, according to FAOSTAT, average Asia Pacific pesticide consumption in has increased from 2.12 kilograms per hectare in 1990 to 12.71 kilograms per hectare of arable land in 2016. Asia Pacific countries such as China, Malaysia and India use highest quantity of fertilizers. The region is also known for its large fertilizer and insecticide production, with China leading the trend. Isophorone market Regional Analysis of Isophorone Market :

3 © 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com Application Analysis of Isophorone Market :  Isophorone is used as solvent in adhesives production. Adhesive are used in number of industries such as automobile, construction, aerospace, electronics, medical, HVAC and also domestic Do-it-yourself activities. Adhesive find enormous use in construction industry for various activities such as flooring adhesives, architectural coatings, elastomeric roof coatings, water-proofing membranes, sealants, joint compounds, mortar modification, nonwoven applications, fiber-bonding, and mortar modification. In case of adhesive applications, the construction and automobile industries are observing a prompt growth owing to electric vehicles, self-driving cars, etc. The growing middle class spending capacity in Asia Pacific and Latin America will also be a deciding factor for automotive and construction growth in respective regions. Thus, strong growth indicators in these end-user industries will boost industry growth by 2025.

4 © 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com Application Analysis of Isophorone Market :  Isophorone is α, β-Unsaturated carbonyl compounds. It is produced on large scale by the aldol condensation of acetone with potassium hydroxide as an ingredient. The intermediates used in the isophorone production are mesityl oxide, diacetone alcohol, and 3-hydroxy-3,5,5-trimethylcyclohexan-1-one. The biggest inhibitor to the isophorone market growth over the forecast period will be its high toxicity. The U.S. FDA regulates the product use under adhesives and coatings components. The product fumes are easily miscible in air, increasing its threat for nearby operators. The above restraint can hamper the product demand in the coming years.  Isophorone market is segmented according to its application in pesticides, disinfectants, polymers, aromatic hydrocarbons, printing ink, fats & oils, coatings, adhesives, lacquers and others. Coatings and lacquers solvent applications are projected to grow sharply over the forecast period. In other applications, isophorone is used for dissolving fats, oils or grease for cleaning purposes. In printing inks production, solvents are one of the important raw materials along with pigments, binders, and additives. Isophorone is used for to keep ink in liquid form when it is applied on plate or cylinder until it is used for printing.

5 © 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com  The companies operating in isophorone market are Dow Chemical, Prasol Chemical Pvt Ltd., Henan GP Chemicals Co., Ltd, SI Group, Evonik, TCI Chemicals (India) Pvt. Ltd., Hefei TNJ Chemical Industry Co, Ltd., Penta Manufacturing Company, Arkema. Competitive Market Share of Isophorone Market :

6 © 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com Browse Full Market Research Report On Isophorone Market @ https://bit.ly/2Y7t9eEhttps://bit.ly/2Y7t9eE Request for an in-depth table of contents for this report @ https://bit.ly/2YmPmJK https://bit.ly/2YmPmJK

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