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.
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.
According to this study, over the next five years the Isoquinoline market will register a -12.2% CAGR in terms of revenue, the global market size will reach US$ 3 million by 2024, from US$ 6 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Isoquinoline business, shared in Chapter 3.
This report presents a comprehensive overview, market shares, and growth opportunities of Isoquinoline market by product type, application, key manufacturers and key regions and countries.
This study considers the Isoquinoline value and volume generated from the sales of the following segments:
Segmentation by product type: breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.
Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
Middle East & Africa
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3.
Huanghua Xinnuo Lixing
Handan Huida Chemical
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
To study and analyze the global Isoquinoline consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of Isoquinoline market by identifying its various subsegments.
Focuses on the key global Isoquinoline manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Isoquinoline with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Isoquinoline submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.