Demand For Isophthalic Acid Market Is Set To Grow At A Higher Pace Over The Medium- And Long-Run Forecast Period 2021-2031

As per the latest research done by the Fact.MR, over the historical period of 2016-2020, the isophthalic acid industry grew at a fast pace. However, during the forecast period, the demand for isophthalic acid is projected to grow at a moderate to high CAGR and is expected to hold more than 23% consumption share in North American market. This increase is anticipated because, these Isophthalic acid has various applications in the manufacture of a variety of essential polymers.

The latest report by “Fact.MR, A Market Research and Competitive Intelligence Provider” tracks Isophthalic Acid Demand and Sales in over 20 countries, highlighting the variance and unique set of conditions that are unique to every market. The report examines the Isophthalic Acid market key trends, growth opportunities and Isophthalic Acid market size and share. The study analyzes Isophthalic Acid market key trends that are currently determining the overall growth.

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Segmentation Analysis of Isophthalic Acid Market  

The global Isophthalic Acid market is bifurcated based on applications, end-use industry and geographic regions.

Based on Applications:

  • Production of PET resin (Polyethylene terephthalate)
  • Production of UPR (unsaturated polyester resin)
  • Thermosetting fiber
  • Powder coating
  • Aerospace coating
  • Process additives
  • Production of coating resins
  • Others

Based on End-use Industry:

  • Coating
  • Plastics
  • Lubricants
  • Packaging
  • Automotive
  • Others

Key questions answered in Isophthalic Acid Market Survey Report:

  1. What is the current scenario and key trends in Isophthalic Acid Market?
  2. What are the key strategies companies are adopting to increase their consumer base?
  3. What are the key categories within the Isophthalic Acid segments and their future potential?
  4. What are the major Isophthalic Acid Market drivers and their expected impact during the short, medium, and long terms?
  5. What is the Isophthalic Acid Market size and what are the opportunities for the key players?

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Who are the Key Service Providers of Isophthalic Acid Market?

The Isophthalic Acid market is a partially consolidated, hence, the market comprises of moderate number of regional and international players at the market. Some of the leading manufacturers of this market are

  • The Chemical Company
  • G. International Chemical Co. Inc.
  • KOHAP Corporation
  • Tecnosintesi S.p.A.
  • EMCO Dyestuff
  • LOTTE Chemical CORPORATION
  • Marubeni Europe plc
  • Hefei TNJ Chemical Industry Co. Ltd.

Essential Takeaways from the Market Report

  • Comparison of prominent players operating in the market.
  • Identification of Isophthalic Acid market drivers, restraints and other forces impacting the global Market
  • Recent developments and key strategies adopted by market players.
  • Study of the micro and macro-economic growth indicators.
  • Impact of the various factors on the value chain of the market.
  • Evaluation of current Isophthalic Acid market size and forecast and technological advancements within the industry.

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The Report Covers Exhaustive Analysis On:

  • Isophthalic Acid Market Drivers, Segments and Restraints.
  • Isophthalic Acid Market Survey and Dynamics
  • Isophthalic Acid Market Size & Demand
  • Isophthalic Acid Key Trends/Issues/Challenges
  • Isophthalic Acid Sales, Competition & Companies involved

For More Insights-https://www.globenewswire.com/news-release/2022/03/09/2400432/0/en/Low-Code-Development-Industry-is-Projected-to-Achieve-a-Global-Market-Size-of-US-187-Bn-by-2032-Currently-US-Accounts-For-the-Largest-Market-Share-in-the-World.html

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