Isoprene Market

Report Highlights

The scope of this report is broad and covers different types of isoprene, along with the applications and major countries. The market is broken down by types of isoprene, applications and regional markets. Revenue forecasts from 2019 to 2025 are given for each major type of isoprene, application and regional market, and the estimated values are derived from the manufacturers’ total revenues.

The report also includes a discussion of the major players across each of the regional isoprene markets; it explains the major market drivers of the global isoprene industry, current trends within the industry, major applications and the regional dynamics of the global isoprene market.

The report concludes with a special focus on the vendor landscape, which includes detailed profiles of the major vendors in the global isoprene industry.

Report Includes

• 62 tables
• An up-to-date analysis of the global isoprene market.
• Analyses of the global market trends, with data from 2019, 2020, estimates for 2021, and projections of compound annual growth rates (CAGRs) through 2026.
• Estimation of market size and revenue forecast for global isoprene market, and corresponding market share analysis by type, application, and region for each market segment.
• Highlights of emerging technology trends, gaps and opportunities in the market estimating current and future demand for isoprene, identification of the companies that are best positioned to meet this demand.
• In-depth information (facts and figures) concerning market drivers, restraints and other forces affecting the progress of this market.
• Identification of new products and products still in the development and their probability of successful commercial launch within the next five years.
• Impact of COVID-19 on the isoprene market as compared to overall global economy.
• Insight into the growth development strategies of major isoprene manufacturers and their key competitive landscape.
• Descriptive company profiles of the leading market participants, including Fortrec Chemicals, Haihang Industry Co. Ltd, Finetech Industry Ltd, Nizhnekamskneftekhim, SIBUR, Ningbo Jinhai Chenguang, The Goodyear Tire & Rubber Company, Royal Dutch Shell Plc, Kuraray Co. Ltd., ZEON Corporation, LyondellBasell Industries N.V., JSR Corporation, Shandong Yuhuang Chemical Group Co. Ltd., and Petroleum Pte Ltd. And Braskem and Others.

Summary

The global isoprene market is anticipated to reach USD 4.1 billion by 2025 at a five-year CAGR of 7.1%. The market for isoprene is expected to grow, increase in demand from the end -user industries such as automotive and medical industries

Based on its composition, various isoprene are available in the market such as polymer grade and chemical grade. In 2020, the polymer grade type captured the highest share of 53% in the global isoprene market.

Isoprene finds major applications in polyisoprene, styrene isoprene styrene, isobutyl isoprene rubber. The end users of isoprene tires, adhesives, industrial rubber, and others. By end users, the tires industry captured the largest share and is expected to grow at a CAGR% of 6.2% from 2020-2025.