Isosorbide Market to Reach USD 1008.42 Million by 2032 |
From GlobeNewswire: 2025-06-27 10:00:00
The Isosorbide Market was valued at USD 686.13 million in 2024, projected to reach USD 1008.42 million by 2032 with a CAGR of 4.94%. Rising demand for bio-based chemicals and sustainable alternatives is a key driver. North America leads with the U.S. accounting for USD 80.74 million in 2024.
Technical grade isosorbide held the largest market share in 2024 due to its versatile applications and increasing use as a bio-based intermediate. Specialty oleochemicals, like polyethylene isosorbide terephthalate (PEIT), are gaining popularity for their environmental benefits over conventional options.
The Isosorbide Market is dominated by the resins & polymers segment, accounting for over 58.9% of the global market in 2024. The shift towards bio-based raw materials in polymer industries is driving the demand for specialty oleochemicals like isosorbide.
Asia Pacific led the global isosorbide market in 2024, accounting for 33.8% of the market share. The region’s rapid industrial development, increasing chemical manufacturing capacities, and rising demand for bio-based materials are contributing to market growth.
Recent developments include Roquette Frères expanding isosorbide production capacity by 30% to meet international demand for bio-based polymers, and Mitsubishi Chemical Group introducing a bio-based PEIT resin with high-purity isosorbide for sustainable automotive and electronics applications.
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