Isoprene Rubber Latex Market is set for a Rapid Growth and is expected to Reach USD 367.8 Billion by 2026

06-Jan-2020 | Zion Market Research

Zion Market Research has published a new report titled “Isoprene Rubber Latex Market Report by Application (Medical Gloves, Medical Balloons & Catheters, Condoms and Adhesives) and by End-Use Industry (Medical, Consumer Goods and Industrial): Global Industry Perspective, Comprehensive Analysis, and Forecast, 2018 - 2026    .”According to the report, the Isoprene Rubber Latex Market accounted for USD 214 Million in 2018 and is expected to reach USD 367.8 Million by 2026, growing at a CAGR of around 7% between 2019 and 2026.

Browse the full “Isoprene Rubber Latex Market: Report by Application (Medical Gloves, Medical Balloons & Catheters, Condoms, and Adhesives) and by End-Use Industry (Medical, Consumer Goods and Industrial): Global Industry Perspective, Comprehensive Analysis, and Forecast, 2018 - 2026” Report at https://www.zionmarketresearch.com/report/isoprene-rubber-latex-market

The global isoprene rubber latex market is projected to observe noticeable growth over the years. Isoprene rubber latex is a synthetic version of natural rubber which exhibits superior low-temperature flexibility, tensile strength, heat resistance, tear resistance as well as resistance to several inorganic chemicals. Thus isoprene rubber latex is broadly utilized in the manufacturing of medical gloves. Owing to the increasing usage of medical gloves, the global isoprene rubber latex market is projected to grow at a higher pace within the forecast period. Moreover, increasing incidences of contagious disease outbreaks, rising awareness about sanitation and hygiene, in line with the development of healthcare facilities in developing economies are expected to up-surge the global isoprene rubber latex market across the globe.

The global isoprene rubber latex market has been categorized on the basis of applications and end-use. In terms of application, isoprene rubber latex is classified into medical gloves, medical balloons & catheters, condoms, and adhesives. The medical glove application segment is likely to have the largest share within the forecast period. The medical balloons & catheters application segment is anticipated to have a noticeable growth within the forecast timeframe. This is due to the use of the product in several ranges of medical procedures such as fixation, invasive diagnostic techniques, drug delivery, etc. Thus, the rising development in the medical sector is likely to drive this application segment. On the basis of the end-use industry, the isoprene rubber latex is divided into medical, consumer goods and industrial. The medical industry segment is expected to grow at the highest pace within the forecast period. Rising usage of the product in manufacturing medical supplies such as gloves, catheters, tube connectors, needle shields, etc. is estimated to drive this segment in the coming years. In the industrial sector, isoprene rubber latex is utilized in the manufacturing of adhesives, and thin & wide rubber sheets. These sheets are further utilized to manufacture membranes, drapes, bands, etc. In addition, the product is utilized in manufacturing (CSA) i.e. cold seal adhesives used for bonding plastics, foil, paper, etc. CSAs are widely utilized in medical, food, and industrial packaging applications. This is anticipated to grow the segment at a noticeable rate within the forecast period.

Key players in the global isoprene rubber latex market are Kent Elastomers, Kuraray Co.Ltd., Kraton Corporation, JSR Corporation, Puyang Linshi, Ansell Limited, Elastomer Inc, Dipped Products Plc, Kossan Rubber Industries Bhd, Rubberex Corporation (M) Bhd., Smart Glove Corporation Sdn. Bhd., Southern Glove among others.

This report segments the global isoprene rubber latex market as follows:

Global Isoprene Rubber Latex Market: Application Segment Analysis

  • Medical Gloves
  • Medical Balloons & Catheters
  • Condoms
  • Adhesives

Global Isoprene Rubber Latex Market: End-Use Industry Analysis

  • Medical
  • Consumer Goods
  • Industrial

Global Isoprene Rubber Latex Market: Regional Segment Analysis

  • North America
    • U.S.
  • Europe
    • UK
    • France
    • Germany
  • Asia Pacific
    • China
    • Japan
    • India
  • Latin America
    • Brazil
  • Middle East and Africa

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