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Los Angeles, CA -- (SBWIRE) -- 04/25/2019 -- Isoquinoline, a structural isomer of quinolone, is a heterocyclic aromatic organic compound. Both isoquinoline and quinoline are benzopyridines, which are composed of a benzene ring fused to a pyridine ring.
Isoquinoline is widely used to produce praziquantel which can cure diseases caused by blood flukes. With increasing populations who suffer from diseases caused by blood flukes, isoquinoline still has a certain market space. China has become the largest producer of isoquinoline at the moment.
As some praziquantel manufacturers adopt new technology to produce their products and give up isoquinoline as raw material, the isoquinoline market is shrinking with some manufacturers are exiting the industry.
Global production of isoquinoline will decrease to 580 MT in 2015 from 1265 MT in 2010. It is estimated that impacted by alternatives, global demand of isoquinoline will keep decreasing with an average growth rate of -12.34% in the coming five years. In addition, similar with that of globe, the production of isoquinoline in China will decrease from 923 MT in 2010 to 580 MT in 2015, accompanied with an average growth of -12.42% in the coming five years.
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We tend to believe that this industry has dim future, considering the current demand. As for product prices, the slow downward trend in recent years will continue in the next few years, due to weak demand. Similarly, there will be fluctuations in gross margin.
The global Isoquinoline market was 6 million US$ in 2018 and is expected to 2 million US$ by the end of 2025, growing at a CAGR of -12.3% between 2019 and 2025.
This report studies the Isoquinoline market size (value and volume) by players, regions, product types and end industries, history data 2014-2018 and forecast data 2019-2025; This report also studies the global market competition landscape, market drivers and trends, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.
Geographically, this report is segmented into several key regions, with sales, revenue, market share and growth Rate of Isoquinoline in these regions, from 2014 to 2025, covering
North America (United States, Canada and Mexico)
Europe (Germany, UK, France, Italy, Russia and Turkey etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil etc.)
Middle East and Africa (Egypt and GCC Countries)
The various contributors involved in the value chain of the product include manufacturers, suppliers, distributors, intermediaries, and customers. The key manufacturers in this market include
AIR WATER
Huanghua Xinnuo Lixing
Anshan Beida
Shanxi Tianyu
Shanghai Xinming
Handan Huida Chemical
Yalu Bio-chemical
By the product type, the market is primarily split into
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By the end users/application, this report covers the following segments
Praziquantel
Other
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