Market Overview

The Global Isophorone Market was valued at USD 1,336.3 million in 2023 and is expected to reach USD 1,989.5 million by 2031 while growing at a CAGR of 5.1% during the forecast period (2024-2031). 

 *Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report

Market Dynamics

This section of the report will analyze various driving and restraining factors that are expected to have a significant impact on the global isophorone market growth. Isophorone, a colorless to pale yellow liquid with a sweet, minty odor, belongs to the ketone family and is a cyclic ketone with the chemical formula C9H14O. This versatile solvent finds widespread use in various industrial applications.

Increasing construction activities and the production of protective coatings for various surfaces are propelling the isophorone market. However, challenges like environmental and regulatory constraints, along with raw material price volatility, may impede its expansion.

Furthermore, the global isophorone industry will be analyzed through various tools including PESTLE analysis, and Porter’s analysis.

Segmentation – By End-user Industry Analysis

The Global Isophorone Market is segmented among Paints and Coatings, Printing Inks, Artificial Leather, Adhesives, Agrochemicals, Composites, and Other End-User Industries, based on End-user Industry. In 2023, Adhesives accounted for the majority of the market share*. 

 *Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report

Global Isophorone Market: Regional Analysis

Based on region, the market is divided into six regions including North America, Europe, Asia Pacific, Latin America, Middle East, and Africa. In 2023, North America dominated the market with the highest market share, while Asia Pacific is expected to grow with the highest CAGR during the forecast period (2024 – 2031). 

 *Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report

Competitive Landscape

Some of the key players operating in the market are Arkema Group, CHAIN FONG, DowDuPont, Evonik Industries, Jiangsu Huanxin High Tech Materials Co. Ltd, Merck KGaA, Ningbo New Material Technology Co. Ltd, Prasol Chemicals Pvt Ltd, SI Group Inc., BASF SE, and Covestro AG.

Table of Contents:

1. Research Methodology and Market Scope

• Research Methodology

• Market Scope

2. Executive Summary

3. Global Isophorone Market Dynamics

• Drivers

• Restraints

• Opportunity

4. Global Isophorone Industry Analysis

• PEST Analysis

• Porter's Five Force Analysis

• Recent Deals Analysis

5. Global Isophorone Market Segmentation, By End-user Industry  

• Global Isophorone Market Share Analysis, By End-user Industry  

• Global Isophorone Market Growth Analysis, By End-user Industry  

• Global Isophorone Market Trends, By End-user Industry  

o Paints and Coatings

o Printing Inks

o Artificial Leather

o Adhesives

o Agrochemicals

o Composites

o Other End-user Industries

6. Global Isophorone Market Segmentation, By Region

• Global Isophorone Market Share Analysis, By Region

• Global Isophorone Market Growth Analysis, By Region

• Global Isophorone Market Trends, By Region

o North America

o Europe

o Asia Pacific

o Latin America

o Middle East

o Africa

7. Competitive Landscape

• Arkema Group*

o Company Overview

o Financial Performance

o Key Development/Strategies

o SWOT Analysis

• CHAIN FONG 

• DowDuPont

• Evonik Industries

• Jiangsu Huanxin High Tech Materials Co. Ltd

• Merck KGaA

• Ningbo New Material Technology Co. Ltd

• Prasol Chemicals Pvt Ltd

• SI Group Inc

• BASF SE

• Covestro AG

 *Similar analysis will be provided for each company listed above.