Isophorone Market Segmentation, Applications and Geography Forecast by 2017-2022

Global isophorone market is segmented based on type, application and geography. Isophorone is a clear colorless liquid, with a camphor-like odor. Less dense than water and insoluble in water, boiling point 420°F, flash point near 200°F. Contact irritates skin and eyes; toxic by ingestion. It is used as a solvent and in pesticides. By properties, isophorone diamine is a colorless yellow liquid of low viscosity. It is thicker than water and highly soluble. It is also miscible in alcohols, esters, ketones and ethers. It is an amine and is thus a base with an amine odor. It has two amino groups such as aromatic diamines and aliphatic diamines which are used to produce polyesters, nylons etc. where they are used as monomers.

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It is used as a hardner in heat cured epoxies. These hardeners are humidity resistant and have a less chance to form carbamates. Isophorone possesses superb characteristics for binders and resins. It is also used as a high boiling solvent in paints, printing inks and adhesives. In these applications, isophorone improves flowing properties and brightness. Because of its special chemical structure, isophorone serves as starting material for production of several chemicals, which otherwise are hardly producible. These isophorone derivatives are used in multiple domain. For instance, in the construction industry, they are used as corrosion protection on bridges, scaffolding or sluices. The global market for isophorone and its derivatives grew at a stronger annual rate than global gross domestic product, with Asia showing average growth.

On the basis of type, the isophorone market is segmented into liquid condensation, solid heterogeneous catalytic condensation and so on. Based on application, the isophorone market is segmented into pesticide, IPDA/ IPDI, disinfectants and so on. Based on geography, the isophorone market is segmented into Asia Pacific, Europe, Latin America, North America and Middle East & Africa. North America was the largest market for isophorone accounted significant volume of the total market.

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The North American isophorone market is closely followed by Asia Pacific, which is projected to be the fastest growing market for isophorone during the forecast period. China is the key market in this region. Growing demand from the Asia Pacific region is the driving force behind the production start-up for new isophorone and isophorone diamine plants in China. The key players in isophorone market include Evonik, Arkema, DOW, SI Group, Qian Yan New Material, Huanxin High-tech Materials, CHAIN FONG, Prasol, Basf and Wanhua Chem.