According to the research report titled ‘Global Isophthalonitrile (INP) Market Size study, by Product Type (98% Purity, 99% Purity) by Application (Epoxy curing Agent, Nylon Resin, Pesticide, Others) and Regional Forecasts 2020-2027‘, available with Market Study Report, global isophthalonitrile (INP) market is anticipated to amass notable growth during 2020-2027.
 

Increasing demand for epoxy resins in order to protect concrete floors in commercial and industrial infrastructures is the major factor impelling global isophthalonitrile (INP) market growth. Furthermore, flourishing construction sector is also likely to contribute to the market share. According to Statista, in 2018, the expenditure on new construction projects in the US accounted for USD 1.29 trillion, of which 77% was in private sector. However, volatile cost of raw materials is expected to hamper the global isophthalonitrile (INP) industry outlook in 2020-2027.

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Based on application spectrum, global isophthalonitrile market is segmented into pesticide, epoxy curing agent, nylon resin, and others. With regards to product type, the industry is bifurcated into 99% purity and 98% purity.
 

The regional terrain of global isophthalonitrile (INP) market is segmented into Europe, Asia Pacific, North America, Latin America, and rest of the world, with key focus on nations like Germany, France, UK, Spain Italy, South Korea, Australia, India, China, Japan, U.S., Canada, Brazil, and Mexico.
 

According to the report, North America isophthalonitrile (INP) industry was the major contributor in terms of revenue share in the recent past, mainly due to existence of huge chemical manufacturing base. Meanwhile, Asia Pacific market is anticipated to witness highest growth rate over 2020-2027, owing to increasing disposable income, rising urbanization, and numerous residential & commercial construction projects in the region.
 

Major players operating in global isophthalonitrile (INP) market sphere include Jiangsu Weunite Fine Chemical Co. Ltd, Showa Denko K.K., SDS Biotech K.K., Mitsubishi Gas Chemical Company Inc., Sipcam-Oxon S.p.A, Suli Chemical Co. Ltd., CAC Group Inc., and Syngenta AG.