×

Global Isoprenol Market Poised to Surge from USD 140.0 Million in 2014 to USD 200.0 Million by 2020 – MarketResearchStore.Com

Deerfield Beach, FL, March 16, 2016 (GLOBE NEWSWIRE) -- Zion Research has published a new report titled “Isoprenol Market for Agrochemicals, Aroma chemicals, Pharmaceuticals, Polymers and Other Applications - Global Industry Perspective, Comprehensive Analysis, and Forecast, 2014 – 2020”. According to the report, global isoprenol market was valued at around USD 140.0 million in 2014 and is expected to reach around USD 200.0 million in 2020, growing at a CAGR of around 6.5% between 2015 and 2020. In terms of volume, the global isoprenol market stood at above 25 kilo tons in 2014.

3-methyl-3-butene-1-ol is commonly known as isoprenol. Isoprenol is a light yellow to colorless liquid. Isoprenol is generally produced as an intermediate to 3-methylbut-2-en-1-ol or prenol. Isobutene and formaldehyde are the key raw materials of isoprenol. Isoprenol market is still in nascent stage. Kuraray Co., Ltd., BASF SE and Jilin Zhongxin Chemical Group are leading producers of isoprenol. Isoprenol exhibit excellent chemical and physical properties such as low dosage, high water reduction, etc. Isoprenol is most commonly used in the manufacturing of pharmaceutical and agrochemicals active ingredients. Isoprenol is an eco-friendly chemical. Isoprenol is also finds significant applications such as corrosion resistance, as a building block chemical for aromatic chemicals as well as in production of dyes, solvents and paints.

Browse the full "Isoprenol Market for Agrochemicals, Aroma chemicals, Pharmaceuticals, Polymers and Other Applications - Global Industry Perspective, Comprehensive Analysis, and Forecast, 2014 – 2020" report at http://www.marketresearchstore.com/report/isoprenol-market-for-agrochemicals-aroma-chemicals-pharmaceuticals-polymers-z38391

Isoprenol market is mainly driven strong demand from agrochemical and pharmaceutical industry. Isoprenol is growing in popularity among active ingredient manufacturers. Rapidly growing population across the world has been resulted into growing demand for pharmaceuticals and agrochemicals. This in turn expected to fuel the growth of isoprenol market. Strong demand for various aromatic chemicals in myriad applications is also expected to keep driving demand for isoprenol. Dyes, paints and coatings are also expected to have positive impact on demand for isoprenol. However, limited number of manufacturers and lack of research & development is expected to have adverse impact on growth of isoprenol market.

Based on its applications, global isoprenol market can be segmented into agrochemicals, pharmaceuticals, aromatic chemicals, polymers and others. Pharmaceutical is leading application market for isoprenol. Rapidly increasing population and rising health concerns has been resulted into robust growth of pharmaceutical industry. This in turn has been resulted into high demand for isoprenol in pharmaceutical applications. Aromatic chemicals are another important outlet for isoprenol. Growing demand for aromatic chemicals in the manufacturing of perfumes is also anticipated to fuel the demand for isoprenol. Rapidly expanding paints and coatings industry also accounted for significant share of the isoprenol volume consumption.

Browse 14 Market Tables and 19 Figures spread through 70 Pages and an in-depth TOC on “Isoprenol Market - Global Size, Shares, Trends, Segment & Forecast to 2020”

Get Sample Research Report at http://www.marketresearchstore.com/report/isoprenol-market-for-agrochemicals-aroma-chemicals-pharmaceuticals-polymers-z38391#RequestSample

North America, Europe, Asia Pacific, Latin America and Middle East & Africa are key regional markets for isoprenol. Isoprenol market was dominated by Asia Pacific with significant shares of total volume consumption in 2014. China led the Asia Pacific isoprenol market. Asia Pacific is followed by North America and Europe. Latin America and Middle East & Africa hold very little market share in global isoprenol market.

Global isoprenol market is highly competitive and dominated by few global market participants. Kuraray Co., Ltd., Nanjing chemical Material Corporation, Guangzhou Chen Yu Chemicals Co., Ltd, Triveni Interchem Pvt. Ltd, BASF SE, Jilin Zhongxin Chemical Group, and NHU are some of the key vendors in the market.

Related Published Reports:

This report segments the global isoprenol market as follows:

Global Isoprenol Market: Application Segment Analysis

  • Agrochemicals
  • Aroma chemicals
  • Pharmaceuticals
  • Polymers
  • Others

Global Isoprenol Market: Regional Segment Analysis

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East and Africa

Browse Press Release: http://www.marketresearchstore.com/news/global-isoprenol-market-set-for-rapid-growth-to-115

About Us

Market Research Store is a market intelligence company providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. Market Research Store experienced team of Analysts, Researchers, and Consultants uses proprietary data sources and various tools and techniques to gather, and analyze information. Our business offerings represent the latest and the most reliable information indispensable for businesses to sustain a competitive edge.

Each Market Research Store syndicated research report covers a different sector — such as pharmaceuticals, chemical, energy, food and beverages, semiconductors, med-devices, consumer goods and technology. These reports provide in-depth analysis and deep segmentation to possible micro levels. With wider scope and stratified research methodology, our syndicated reports strive to serve the overall research requirement of clients.

Follow Us LinkedIn: http://www.linkedin.com/company/market-research-store

Follow Us Twitter: https://twitter.com/marketrstore

Blog: 9Dimen Group

Contact US: Joel John 3422 SW 15 Street, Suit #8138 Deerfield Beach, Florida 33442, USA Toll Free: +1-855-465-4651 (USA-CANADA) Tel: +1-386-310-3803 Email: sales@marketresearchstore.com Website: http://www.marketresearchstore.com/

Source:Market Research Store