888-776-0942 from 8 AM - 10 PM ET
NEW YORK , May 24, 2022 /PRNewswire/ -- The global isophthalic acid market size is expected to reach USD 3.85 Billion in 2030 and register a revenue CAGR of 3.9% during the forecast period, according to a latest report by Reports and Data. Rising demand for fibers and films made of copolyester polymers and rising demand for fire-resistant surface coatings among consumers are key factors expected to drive market revenue growth during the forecast period. Growing demand for the fabrication of high-performance protective gear such as astronaut spacesuits, firefighter's suits, and high-temperature gloves with polymer coatings is expected to drive the market between 2022 and 2030. Unsaturated Polyester Resins (UPRs) and polybenzimidazole fibers are widely used in the fabrication industries to fireproof essential protective gear, thereby increasing its demand. Additionally, purified isophthalic acid is a key component in production of such thermal-resistant resins, thereby, increasing its demand. These factors are expected to increase the adoption of isophthalic acid and drive revenue growth of the market. Furthermore, rising demand for fibers and films made of copolyester polymers that consist of isophthalic acid is another factor that is expected to drive revenue growth of the market.
However, there are concerns regarding environmental pollution during production of isophthalic acid products, which are some factors that could hamper revenue growth of the market. Additionally, point-source toxic air emissions during the production of PET have raised concerns related to environmental pollution, which are some other factors that could hamper revenue growth of the market.
For More Industry Insight, Request Sample at https://www.reportsanddata.com/download-summary-form/5077
Some Key Highlights in the Report
Request For Custom Research at https://www.reportsanddata.com/request-customization-form/5077
For the purpose of this report, Reports and Data has segmented the global isophthalic acid market based on application, end-use, and region:
Spices and Seasonings Market By Type (Herbs, Salt & Salts Substitutes, Spices), By End-use (Meat & Poultry Products, Soups, Sauces, Frozen Products, Others), By Nature (Conventional, Organic), and By Region Forecast to 2030
Animal Model Market, By Species (Rats, Mice, Goat, Rabbit), By Application (Basic and Applied Research, Drug Discovery and Development), By End-use (Academic End-use, Pharmaceutical End-use), and By Region Forecast to 2030
Industrial Heating Equipment Market Size, Share, Trends, By Product Type (Heat Pumps, Furnaces and Boilers), By Fuel Type (Fossil Fuel and Electric), By End-use, and By Region Forecast to 2030
Protein Hydrolysate Market Size, Share, Trends, By Source (Milk, Plant, Animal, Marine), By Form (Powder, Liquid), By Application (Sport Nutrition, Infant Nutrition), By Method (Enzymatic, Acid and Alkaline), and By Region Forecast to 2030
Biodefense Market, By Product Type (Anthrax Vaccine, Smallpox Vaccine, Botulism Vaccine, Radiation Vaccine, Others), By Application (Military and Civilian), By End-Use (Hospitals, Clinics, Others), and By Region Forecast to 2030
Fuel Additives Market By Type (Deposit Control Additives, Cetane Improvers, Lubricity Improvers, Cold Flow Improvers, Stability Improvers, Octane Improvers, Corrosion Inhibitors), By Application, By End-Use, and By Region Forecast to 2030
Green Tires Market, By Application (On-Road, Off-Road), By Vehicle Type (Passenger Vehicles, Light Commercial Vehicles), By Sales Channel (OEM, Aftermarket), By Raw Material (Silica Incorporated Rubber), and By Region Forecast to 2030
Image Recognition Market, By Technology (Code Recognition, Digital Image Processing, Facial Recognition, Object Recognition), By Component (Hardware, Software), By Application, By Vertical Industry, and By Region Forecast to 2030
Endpoint Detection And Response Market, By Component (Software, Services), By Enforcement Point (Mobile Devices), By Organization Size (Small and Medium Enterprises), By Deployment Mode, By Industry Vertical, and By Region Forecast to 2030
Network Management System (NMS) Market Size, Share, Trends, By Component Type (Platform, Solutions, Services), By Deployment Type, By Organization Size, By End-use, and By Region Forecast to 2030
Reports and Data is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target, and analyze consumer behavior shifts across demographics, across industries, and help clients to make smarter business decisions. We offer market intelligence studies ensuring relevant and fact-based research across multiple industries, including Healthcare, Touch Points, Chemicals, Products, and Energy. We consistently update our research offerings to ensure our clients are aware of the latest trends existent in the market. Reports and Data has a strong base of experienced analysts from varied areas of expertise. Our industry experience and ability to develop a concrete solution to any research problems provides our clients with the ability to secure an edge over their respective competitors.
Contact: John W, Head of Business Development Reports And Data | Web: www.reportsanddata.com Direct Line: +1-212-710-1370 E-mail: [email protected] LinkedIn | Twitter | Blogs Read Latest Press Release at https://www.reportsanddata.com/press-release/global-isophthalic-acid-market
More news releases in similar topics
Cision Distribution 888-776-0942 from 8 AM - 9 PM ET