Market Overview of Global Isoamylene market:
According to our latest research, the global Isoamylene market looks promising in the next 5 years. As of 2022, the global Isoamylene market was estimated at USD 268.08 million, and it’s anticipated to reach USD 224.39 million in 2030, with a CAGR of -2.92% during the forecast years.
Isoamylene is colorless or light yellow inflammable, explosive and highly volatile liquid. It is a fine chemical intermediates. It can be used to produce pinacolone, spice, plant protection agent, seris antioxidation agent, ultraviolet radiation absorber, sensitizer and other fine chemicals.
Market Dynamics
High-purity isoamylene is one of the last important raw materials for the high-grade spice galaxolide. Galaxolide has a strong musk aroma, with a sweet aroma, accompanied by woody aroma, the aroma is long-lasting. Galaxolide can be used in combination with peach aldehyde, cinnamate, balsam and other fragrances as a deodorant. Galaxolide is widely used in various cosmetic fragrances, and galaxolide can be combined with other musk to formulate fragrance fragrances. Galaxolide has good stability and will not change color, and is widely used in fragrances for daily necessities such as soaps. In medicine, galaxolide is an important pharmaceutical intermediate, and can also be used in myocardial therapy, stimulant and external medicine. With the development of the economy, the improvement of people's living standards and the pursuit of high-quality life, the demand for spices used in various aspects has risen, driving the development of the isoamylene market.
Industry Limitations
Industrial chemicals generally have strict regulatory policies. Isoamylene is highly flammable and irritating to the eyes, respiratory system and skin, and may cause lung damage if swallowed. In case of contact with eyes, rinse immediately with plenty of water and seek medical attention. If swallowed, do not induce vomiting, seek medical attention immediately and show this container or label. Transported as a Class 1 Dangerous Goods, bulk transport tanker. Store in a place with low temperature and good ventilation. Avoid direct sunlight, heat and sources of ignition. More effective oversight will give people more confidence in the safe use of commercial chemicals. Chemical control has the potential to protect worker and public health as it ensures relevant safety information is provided.
Industry Opportunities
As an important fine chemical intermediate raw material, isopentene has a wide range of uses and is in great demand in the pharmaceutical and agricultural industries. In recent years, phosphorus-containing pesticides have been banned, and the market of non-phosphorus pesticides based on isopentene has developed rapidly. Conventional isopentene can be used to produce pinacolone, and then to produce high-efficiency triazole fungicides, plant growth