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The latest business report on the Isophthalonitrile (INP) market provides key data on the various elements, including growth stimulants, challenges and restraints, and other potential expansion, that will fuel the overall market growth. According to the report, it is predicted that this business space will witness a sustainable return. Critical information on the localized market and top industry players is also documented. Multiple elements supporting the overall business growth and an exhaustive analysis of the competitive landscape are mentioned based on current successes and growth prospects.
Global Isophthalonitrile (INP) Market is valued approximately USD XXX billion in 2019 and is anticipated to grow with a healthy growth rate of more than XX % over the forecast period 2020-2027. Isophthalonitrile is an organic compound with the formula C6H4(CN)2. Isophthalonitrile is a pale or white solid having low solubility in water. Hydrogenation of the compound creates m-xylylenediamine, a curing agent in epoxy resins and a component of some urethanes. The growing demand for epoxy resins drives the growth of the Isophthalonitrile market. Increasing demand of epoxy resins is attributed by emerging need to protect concrete floors in commercial and industrial buildings. Thus, the rising construction of commercial and industrial buildings supports the market growth. For Instance: As per Statista, the construction spending in US amounted to USD 1.29 trillion in 2018, of which 77% of the spending was in private sector. However, volatile raw material prices impedes the growth of the market over the forecast period of 2020-2027.
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Global Isophthalonitrile (INP) market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. Asia-Pacifc is the leading/significant region across the world in terms of market share owing to the presence of large chemical manufacturing base in the region. Whereas, Asia-Pacific is also anticipated to exhibit highest growth rate / CAGR over the forecast period 2020-2027. Factors such as rising disposable income, rising urbanization would create lucrative growth prospects for the Isophthalonitrile (INP) market across Asia-Pacific region.
Major market player included in this report are:
Showa Denko K.K
Mitsubishi Gas Chemical Company Inc.
CAC Group Inc.
Jiangsu Weunite Fine Chemical Co. Ltd
Suli Chemical Co. Ltd
SDS Biotech K.K
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Product Type:
Epoxy curing Agent
Rest of the World
Furthermore, years considered for the study are as follows:
Historical year a?? 2017, 2018
Base year a?? 2019
Forecast period a?? 2020 to 2027
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Goals and objectives of this Report
- Understanding the opportunities and progress of Global Market highlights, as well as key regions and countries involved in market growth.
- Study the different segments of the Global Market and the dynamics of Global Market in the market.
- Categorize Global Market segments with increasing growth potential and evaluate the futuristic segment market
- To analyze the most important trends related to the different segments that help to decipher and convince the Global Market.
- To verify region-specific growth and development in the Global Market.
- Understand the key stakeholders in the Global Market and the value of the competitive image of the Global Market leaders.
- To study key plans, initiatives and strategies for the development of the Global Market.
Key questions answered in the report:
- Which are the five top players of the Global Market?
- How will the Global Market change in the next five years?
- Which product and application will take a lion's share of the Global Market?
- What are the drivers and restraints of the Global Market?
- Which regional market will show the highest growth?
- What will be the CAGR and size of the Global Market throughout the forecast period?
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