ndustry Insights
The advent of renewable chemistry, as an enabler for sustainable products has resulted in constant exploration of potential platforms for downstream chemicals. Isosorbide has emerged as such a platform chemical, with potential applications across a host of industries including polymers, resins and additives. Isosorbide is a bio-based chemical made from glucose that is also known as D-Isosorbide or D-sorbitol. It is a renewable platform chemical used for downstream chemical production and can be used in polymers, solvents and surfactants among others. It has the potential of replacing fossil resource based products in applications such as monomers, polymers, solvents, and functional materials. Derivatives of isosorbide include isosorbide mononitrate and isosorbide dinitrate and find applications in the medical sector. Isosorbide has been produced and consumed in small quantities globally for a long time now; however, recent technological developments in the industry have been promoting its use in a wide range of applications. It finds application in various polymers such as polyethylene, polycarbonate, polyurethane, and plasticizers. The major application of isosorbide is copolymerization with Polyethylene Terephthalate (PET) to enhance the strength of the polymer. Some of the other applications of isosorbide include industrial solvents, pharmaceuticals, and personal care products. In medical applications, it is used to cure angina pectoris, hydrocephalus and glaucoma.
Global bio-plastics production capacity increased significantly in 2010 from 249 kilo tons in 2009 to 1,016 kilo tons in 2010. Due to regulatory support and technology development, several participants are expected to add production capacities in the coming future. This is expected to spur isosorbide demand owing to its application as a platform chemical for bioplastics. Isosorbide and its derivatives also find wide applications in cosmetics, drug delivery, and medicine formulations. Dimethyl Isosorbide (DMI) is used as a sustainable solvent for skin care products and drugs formulation. The skincare market was valued at almost USD 85 billion in 2008, which grew to more than USD 100 billion in 2013. Corn, used in starch and glucose production is also a key raw material for isosorbide. With increasing demand from food and animal feed applications, corn supply and prices have been in a state of flux in recent times. The global debate of food and fuel has impacted prices of feed grains, food grains, and oil seeds. Ensuring steady raw material supply at feasible prices is expected to be a key challenge for industry participants over the next six years.
ndustry InsightsThe advent of renewable chemistry, as an enabler for sustainable products has resulted in constant exploration of potential platforms for downstream chemicals. Isosorbide has emerged as such a platform chemical, with potential applications across a host of industries including polymers, resins and additives. Isosorbide is a bio-based chemical made from glucose that is also known as D-Isosorbide or D-sorbitol. It is a renewable platform chemical used for downstream chemical production and can be used in polymers, solvents and surfactants among others. It has the potential of replacing fossil resource based products in applications such as monomers, polymers, solvents, and functional materials. Derivatives of isosorbide include isosorbide mononitrate and isosorbide dinitrate and find applications in the medical sector. Isosorbide has been produced and consumed in small quantities globally for a long time now; however, recent technological developments in the industry have been promoting its use in a wide range of applications. It finds application in various polymers such as polyethylene, polycarbonate, polyurethane, and plasticizers. The major application of isosorbide is copolymerization with Polyethylene Terephthalate (PET) to enhance the strength of the polymer. Some of the other applications of isosorbide include industrial solvents, pharmaceuticals, and personal care products. In medical applications, it is used to cure angina pectoris, hydrocephalus and glaucoma.Global bio-plastics production capacity increased significantly in 2010 from 249 kilo tons in 2009 to 1,016 kilo tons in 2010. Due to regulatory support and technology development, several participants are expected to add production capacities in the coming future. This is expected to spur isosorbide demand owing to its application as a platform chemical for bioplastics. Isosorbide and its derivatives also find wide applications in cosmetics, drug delivery, and medicine formulations. Dimethyl Isosorbide (DMI) is used as a sustainable solvent for skin care products and drugs formulation. The skincare market was valued at almost USD 85 billion in 2008, which grew to more than USD 100 billion in 2013. Corn, used in starch and glucose production is also a key raw material for isosorbide. With increasing demand from food and animal feed applications, corn supply and prices have been in a state of flux in recent times. The global debate of food and fuel has impacted prices of feed grains, food grains, and oil seeds. Ensuring steady raw material supply at feasible prices is expected to be a key challenge for industry participants over the next six years.
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