Global Isophorone Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Purity;

99%, 99.5%, and 99.9%.

By Grade;

Technical, Food and, Pharmaceutical.

By Manufacturing Process;

Oxidation Of Mesityl Oxide and, Ketone Dimerization.

By Application;

PVC plasticizers, Polyester resins, Coatings and adhesives, and Lubricants.

By End-User;

Paints and Coatings, Printing Inks, Artificial Leather, Adhesives, Agrochemicals, Composites, and Other End-user Industries.

By Geography;

North America, Europe, Asia Pacific, Middle East and Africa and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn957251053 Published Date: January, 2025 Updated Date: February, 2025

Introduction

Global Isophorone Market (USD Million), 2021 - 2031

In the year 2024, the Global Isophorone Market was valued at USD 1,363.69 million. The size of this market is expected to increase to USD 1,899.74 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 4.9%.

The global isophorone market is experiencing steady growth, driven by the increasing demand for high-performance chemicals across various end-use industries. Isophorone, a cyclic ketone, is a colorless liquid with a distinctive odor and is primarily used as an intermediate in the production of coatings, adhesives, plastics, and other industrial chemicals. Its versatility as a solvent, as well as its ability to enhance the properties of materials like flexibility, durability, and resistance to environmental factors, has made it a key ingredient in several industrial applications.

The demand for isophorone is particularly strong in the automotive, construction, and coatings industries, where it is used as a solvent in paints and varnishes, offering superior results in terms of drying time, film formation, and resistance to environmental stress. isophorone’s use in the production of high-quality adhesives and sealants is expanding, due to its ability to provide excellent bonding strength and thermal stability. Additionally, it plays a significant role in the manufacture of plasticizers, which are vital for producing flexible materials used in a variety of products ranging from cables and pipes to automotive parts.

As industries seek more sustainable and efficient solutions, the isophorone market is also benefitting from the growing preference for environmentally friendly chemicals. The shift towards greener production methods and the development of bio-based isophorone is expected to fuel further market expansion. The increasing adoption of isophorone in emerging economies, particularly in Asia-Pacific, coupled with its established presence in developed markets like North America and Europe, is contributing to the global market's growth trajectory. Additionally, ongoing advancements in its applications, such as in pharmaceuticals and agrochemicals, are expected to create new opportunities for market players.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Purity
    2. Market Snapshot, By Grade
    3. Market Snapshot, By Manufacturing Process
    4. Market Snapshot, By Application
    5. Market Snapshot, By End-User
    6. Market Snapshot, By Region
  4. Global Isophorone Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Growing Demand in Automotive and Construction Industries
        2. Increasing Use in Coatings and Adhesives
        3. Rising Adoption of Eco-friendly and Bio-based Products
      2. Restraints
        1. Volatile Raw Material Prices
        2. Environmental and Regulatory Concerns
        3. Availability of Substitutes
      3. Opportunities
        1. Expansion of Isophorone Use in Specialty Applications
        2. Growing Market for Bio-based Isophorone
        3. Increasing Demand in Emerging Economies
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. BargainingPower of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Global Isophorone Market, By Grade, 2021 - 2031 (USD Million)
      1. Technical
      2. Food
      3. Pharmaceutical
    2. Global Isophorone Market, By Purity, 2021 - 2031 (USD Million)
      1. 99%
      2. 99.5%
      3. 99.9%
    3. Global Isophorone Market, By Manufacturing Process, 2021 - 2031 (USD Million)
      1. Oxidation Of Mesityl Oxide
      2. Ketone Dimerization
    4. Global Isophorone Market, By Application, 2021 - 2031 (USD Million)
      1. PVC Plasticizers
      2. Polyester Resins
      3. Coatings and Adhesives
      4. Lubricants.
    5. Global Isophorone Market, By End-User, 2021 - 2031 (USD Million)
      1. Paints and Coatings
      2. Printing Inks
      3. Artificial Leather
      4. Adhesives
      5. Agrochemicals
      6. Composites
      7. Other End-user Industries
    6. Global Isophorone Market, By Geography, 2023 - 2033 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Changshu Yangzi Petrochemical
      2. Anqing Hexing Chemical
      3. BASF ShinEtsu Chemical
      4. Dow Inc.
      5. Rizhao Juhua Group
      6. Mitsubishi Chemical Corporation
      7. Tongsu Petrochemical Group
      8. Jiangsu Haian Chemical Group
      9. Evonik Industries
      10. LyondellBasell Industries Holdings B.V.
      11. Formosa Chemicals Fibre Corporation
      12. Huntsman Corporation
      13. Shandong Hanbang Petrochemical
      14. INEOS Group
  7. Analyst Views
  8. Future Outlook of the Market