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Isoprene Market by Type (Polymer Grade and Chemical Grade), by Application (Polyisoprene, Styrene-Isoprene Styrene, and Isobutyl-Isoprene Rubber), and by End-User Industry (Automotive, Personal Care, Construction, Medical, and Others): Global Industry Perspective, Comprehensive Analysis, and Forecast, 2018—2025

Published Date: 07-Feb-2019 Category: Chemical & Materials Report Format : PDF Pages: 110 Report Code: ZMR-3804 Status : Published

Global isoprene market expected to reach USD 3.91 billion by 2025, at a CAGR of 7.2% between 2019 and 2025. The global isoprene market is likely to witness rapid growth over the estimated timeframe, owing to the flourishing automotive production across the globe.

Description

The report covers a forecast and an analysis of the isoprene market on a global and regional level. The study provides historical data for 2016, 2017, and 2018 along with a forecast from 2019 to 2025 based on volume (Tons) and revenue (USD Billion). The study covers the key drivers and restraints of the isoprene market. It also provides the impact of the market within the forecast time period. Furthermore, the study also includes the opportunities accessible within the isoprene market on a global level.

In order to offer the users of this report, a comprehensive view of the isoprene market, we have enclosed a detailed value chain analysis. To know the competitive landscape within the market, an analysis of Porter’s Five Forces model for the market has additionally been enclosed. The study encompasses a market attractiveness analysis, wherein all the segments are benchmarked based on their market size, growth rate, and general attractiveness.

Global Isoprene Market

The study also includes the market share of the key participants operating in the isoprene market across the globe. Besides, the report covers the strategic development together with acquisitions & mergers, agreements, partnerships, collaborations, and joint ventures, and regional growth of key players within the market on a regional basis.

The study provides a crucial view of the isoprene market by segmenting the market based on type, application, end-user industry, and region. All the segments have been analyzed based on present and future trends and the market is estimated from 2019 to 2025. By type, the global isoprene market includes polymer grade and chemical grade. By application, the global isoprene market includes polyisoprene, styrene-isoprene styrene, and isobutyl-isoprene rubber. By end-user industry, this global market includes automotive, personal care, construction, medical, and others. Additionally, the regional classification includes Europe, North America, Latin America, Asia Pacific, and the Middle East and Africa. The regions are further divided into major countries, such as the U.S., Canada, Mexico, UK, Germany, France, China, Japan, India, and Brazil, among others.

Some key players of the global isoprene market are SIBUR, Fortrec Chemicals and Petroleum Pte Ltd., LyondellBasell Industries N.V., Kuraray Co. Ltd., ZEON Corporation, Royal Dutch Shell PLC, Ningbo Jinhai Chenguang, JSR Corporation, Finetech Industry Ltd., Haihang Industry Co. Ltd., Shandong Yuhuang Chemical Group Co. Ltd., and Braskem, among others.

The report segments the global isoprene market into:

Global Isoprene Market: Type Analysis

  • Polymer Grade
  • Chemical Grade

Global Isoprene Market: Application Analysis

  • Polyisoprene
  • Styrene-Isoprene Styrene
  • Isobutyl-Isoprene Rubber

Global Isoprene Market: End-User Industry Analysis

  • Automotive
  • Personal Care
  • Construction
  • Medical
  • Others

Global Isoprene Market: Regional Analysis

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

Table Of Content

  • Chapter 1. Preface
    • 1.1. Report Description
      • 1.1.1. Objective
      • 1.1.2. Target Audience
      • 1.1.3. Unique Selling Proposition (USP) & Offerings
    • 1.2. Research Scope
    • 1.3. Research Methodology
      • 1.3.1. Market research process
      • 1.3.2. Market research methodology
      • 1.3.3. Level 1: Primary Research
      • 1.3.4. Level 2: Secondary Research
      • 1.3.5. Level 3: Data Validation and Expert Panel Assessment Report description and scope
  •  
  • Chapter 2. Executive Summary
    • 2.1. Global Isoprene Market, 2016 - 2025 (Tons) (USD Billion)
    • 2.2. Isoprene: Market Snapshot
  •  
  • Chapter 3. Isoprene Market: Industry Analysis
    • 3.1. Isoprene: Market Dynamics
      • 3.1.1. Introduction
      • 3.1.2. Classification of isoprene market
    • 3.2. Value Chain Analysis
      • 3.2.1. Isoprene: Value Chain Analysis
    • 3.3. Market Drivers
      • 3.3.1. Surging demand for polyisoprene rubber in the medical sector
      • 3.3.2. Rising application of isoprene for synthetic rubber production
    • 3.4. Restraints
      • 3.4.1. Fluctuation in the prices of raw materials
    • 3.5. Opportunity
      • 3.5.1. Advancements in production technologies
    • 3.6. Porter's Five Forces Analysis
    • 3.7. Market Attractiveness Analysis
      • 3.7.1. Market attractiveness analysis by type
      • 3.7.2. Market attractiveness analysis by application
      • 3.7.3. Market attractiveness analysis by End-user Industry
      • 3.7.4. Market attractiveness analysis by region
  •  
  • Chapter 4. Global Isoprene Market: Value Chain Analysis
    • 4.1. Isoprene: Value Chain Analysis
    • 4.2. Isoprene Raw Material Analysis
      • 4.2.1. List of Raw Materials
      • 4.2.2. Isoprene Raw Material Manufacturers List
      • 4.2.3. Price Trends of Isoprene Key Raw Materials
    • 4.3. List of Potential Buyers
    • 4.4. Marketing Channel
      • 4.4.1. Direct Marketing
      • 4.4.2. Indirect Marketing
      • 4.4.3. Marketing Channel Development Trend
  •  
  • Chapter 5. Global Isoprene Market: Competitive Landscape
    • 5.1. Company Market Share Analysis
      • 5.1.1. Global Isoprene market: company market share, 2018
    • 5.2. Strategic Development
      • 5.2.1. Acquisitions & Mergers
      • 5.2.2. New Product Launch
      • 5.2.3. Agreements, Partnerships, Collaborations, and Joint Ventures
      • 5.2.4. Research and Development and Regional Expansion
    • 5.3. Type Portfolio
  •  
  • Chapter 6. Global Isoprene Market: Type Overview
    • 6.1. Global Isoprene Market Share, by Type, 2018 and 2025
    • 6.2. Polymer Grade
      • 6.2.1. Overview
      • 6.2.2. Global Isoprene Market by Polymer Grade, 2016 - 2025 (Tons)(USD Billion)
    • 6.3. Chemical Grade
      • 6.3.1. Overview
      • 6.3.2. Global Isoprene Market by Chemical Grade, 2016 - 2025 (Tons)(USD Billion)
  •  
  • Chapter 7. Global Isoprene Market: Application Overview
    • 7.1. Global Isoprene Market Share, by Application, 2018 and 2025
    • 7.2. Polyisoprene
      • 7.2.1. Overview
      • 7.2.2. Global Isoprene Market by Polyisoprene, 2016 - 2025 (Tons) (USD Billion)
    • 7.3. Styrene-isoprene Styrene
      • 7.3.1. Overview
      • 7.3.2. Global Isoprene Market by Styrene-isoprene Styrene, 2016 - 2025 (Tons)(USD Billion)
    • 7.4. Isobutyl-isoprene Rubber
      • 7.4.1. Overview
      • 7.4.2. Global Isoprene Market by Isobutyl-isoprene Rubber, 2016 - 2025 (Tons) (USD Billion)
  •  
  • Chapter 8. Global Isoprene Market: End-user Industry Overview
    • 8.1. Global Isoprene Market Share, by End-user Industry, 2018 and 2025
    • 8.2. Automotive
      • 8.2.1. Overview
      • 8.2.2. Global Isoprene Market for Automotive, 2016 - 2025 (Tons) (USD Billion)
    • 8.3. Personal Care
      • 8.3.1. Overview
      • 8.3.2. Global Isoprene Market for Personal Care, 2016 - 2025 (Tons) (USD Billion)
    • 8.4. Construction
      • 8.4.1. Overview
      • 8.4.2. Global Isoprene Market for Construction, 2016 - 2025 (Tons) (USD Billion)
    • 8.5. Medical
      • 8.5.1. Overview
      • 8.5.2. Global Isoprene Market for Medical, 2016 - 2025 (Tons)(USD Billion)
    • 8.6. Others
      • 8.6.1. Overview
      • 8.6.2. Global Isoprene Market for Others, 2016 - 2025 (Tons)(USD Billion)
  •  
  • Chapter 9. Global Isoprene Market: Regional Analysis
    • 9.1. Global Isoprene Market: Regional Overview
      • 9.1.1. Global Isoprene Market Share, by Region, 2014 and 2022
    • 9.2. North America
      • 9.2.1. Overview
      • 9.2.2. North America Isoprene Market Volume, by Type, 2016 - 2025 (Tons)
      • 9.2.3. North America Isoprene Market Revenue, by Type, 2016 - 2025 (USD Billion)
      • 9.2.4. North America Isoprene Market Volume, by Application, 2016 - 2025 (Tons)
      • 9.2.5. North America Isoprene Market Revenue, by Application, 2016 - 2025 (USD Billion)
      • 9.2.6. North America Isoprene Market Volume, by End-user Industry, 2016 - 2025 (Tons)
      • 9.2.7. North America Isoprene Market Revenue, by End-user Industry, 2016 - 2025 (USD Billion)
      • 9.2.8. The U.S.
        • 9.2.8.1. The U.S. Isoprene Market Volume, by Type, 2016 - 2025 (Tons)
        • 9.2.8.2. The U.S. Isoprene Market Revenue, by Type, 2016 - 2025 (USD Billion)
        • 9.2.8.3. The U.S. Isoprene Market Volume, by Application, 2016 - 2025 (Tons)
        • 9.2.8.4. The U.S. Isoprene Market Revenue, by Application, 2016 - 2025 (USD Billion)
        • 9.2.8.5. The U.S. Isoprene Market Volume, by End-user Industry, 2016 - 2025 (Tons)
        • 9.2.8.6. The U.S. Isoprene Market Revenue, by End-user Industry, 2016 - 2025 (USD Billion)
      • 9.2.9. Canada
        • 9.2.9.1. Canada Isoprene Market Volume, by Type, 2016 - 2025 (Tons)
        • 9.2.9.2. Canada Isoprene Market Revenue, by Type, 2016 - 2025 (USD Billion)
        • 9.2.9.3. Canada Isoprene Market Volume, by Application, 2016 - 2025 (Tons)
        • 9.2.9.4. Canada Isoprene Market Revenue, by Application, 2016 - 2025 (USD Billion)
        • 9.2.9.5. Canada Isoprene Market Volume, by End-user Industry, 2016 - 2025 (Tons)
        • 9.2.9.6. Canada Isoprene Market Revenue, by End-user Industry, 2016 - 2025 (USD Billion)
      • 9.2.10. Mexico
        • 9.2.10.1. Mexico Isoprene Market Volume, by Type, 2016 - 2025 (Tons)
        • 9.2.10.2. Mexico Isoprene Market Revenue, by Type, 2016 - 2025 (USD Billion)
        • 9.2.10.3. Mexico Isoprene Market Volume, by Application, 2016 - 2025 (Tons)
        • 9.2.10.4. Mexico Isoprene Market Revenue, by Application, 2016 - 2025 (USD Billion)
        • 9.2.10.5. Mexico Isoprene Market Volume, by End-user Industry, 2016 - 2025 (Tons)
        • 9.2.10.6. Mexico Isoprene Market Revenue, by End-user Industry, 2016 - 2025 (USD Billion)
    • 9.3. Europe
      • 9.3.1. Overview
      • 9.3.2. Europe Isoprene Market Volume, by Type, 2016 - 2025 (Tons)
      • 9.3.3. Europe Isoprene Market Revenue, by Type, 2016 - 2025 (USD Billion)
      • 9.3.4. Europe Isoprene Market Volume, by Application, 2016 - 2025 (Tons)
      • 9.3.5. Europe Isoprene Market Revenue, by Application, 2016 - 2025 (USD Billion)
      • 9.3.6. Europe Isoprene Market Volume, by End-user Industry, 2016 - 2025 (Tons)
      • 9.3.7. Europe Isoprene Market Revenue, by End-user Industry, 2016 - 2025 (USD Billion)
      • 9.3.8. UK
        • 9.3.8.1. UK Isoprene Market Volume, by Type, 2016 - 2025 (Tons)
        • 9.3.8.2. UK Isoprene Market Revenue, by Type, 2016 - 2025 (USD Billion)
        • 9.3.8.3. UK Isoprene Market Volume, by Application, 2016 - 2025 (Tons)
        • 9.3.8.4. UK Isoprene Market Revenue, by Application, 2016 - 2025 (USD Billion)
        • 9.3.8.5. UK Isoprene Market Volume, by End-user Industry, 2016 - 2025 (Tons)
        • 9.3.8.6. UK Isoprene Market Revenue, by End-user Industry, 2016 - 2025 (USD Billion)
      • 9.3.9. France
        • 9.3.9.1. France Isoprene Market Volume, by Type, 2016 - 2025 (Tons)
        • 9.3.9.2. France Isoprene Market Revenue, by Type, 2016 - 2025 (USD Billion)
        • 9.3.9.3. France Isoprene Market Volume, by Application, 2016 - 2025 (Tons)
        • 9.3.9.4. France Isoprene Market Revenue, by Application, 2016 - 2025 (USD Billion)
        • 9.3.9.5. France Isoprene Market Volume, by End-user Industry, 2016 - 2025 (Tons)
        • 9.3.9.6. France Isoprene Market Revenue, by End-user Industry, 2016 - 2025 (USD Billion)
      • 9.3.10. Germany
        • 9.3.10.1. Germany Isoprene Market Volume, by Type, 2016 - 2025 (Tons)
        • 9.3.10.2. Germany Isoprene Market Revenue, by Type, 2016 - 2025 (USD Billion)
        • 9.3.10.3. Germany Isoprene Market Volume, by Application, 2016 - 2025 (Tons)
        • 9.3.10.4. Germany Isoprene Market Revenue, by Application, 2016 - 2025 (USD Billion)
        • 9.3.10.5. Germany Isoprene Market Volume, by End-user Industry, 2016 - 2025 (Tons)
        • 9.3.10.6. Germany Isoprene Market Revenue, by End-user Industry, 2016 - 2025 (USD Billion)
      • 9.3.11. Rest of Europe
        • 9.3.11.1. Rest of Europe Isoprene Market Volume, by Type, 2016 - 2025 (Tons)
        • 9.3.11.2. Rest of Europe Isoprene Market Revenue, by Type, 2016 - 2025 (USD Billion)
        • 9.3.11.3. Rest of Europe Isoprene Market Volume, by Application, 2016 - 2025 (Tons)
        • 9.3.11.4. Rest of Europe Isoprene Market Revenue, by Application, 2016 - 2025 (USD Billion)
        • 9.3.11.5. Rest of Europe Isoprene Market Volume, by End-user Industry, 2016 - 2025 (Tons)
        • 9.3.11.6. Rest of Europe Isoprene Market Revenue, by End-user Industry, 2016 - 2025 (USD Billion)
    • 9.4. Asia Pacific
      • 9.4.1. Overview
      • 9.4.2. Asia Pacific Isoprene Market Volume, by Type, 2016 - 2025 (Tons)
      • 9.4.3. Asia Pacific Isoprene Market Revenue, by Type, 2016 - 2025 (USD Billion)
      • 9.4.4. Asia Pacific Isoprene Market Volume, by Application, 2016 - 2025 (Tons)
      • 9.4.5. Asia Pacific Isoprene Market Revenue, by Application, 2016 - 2025 (USD Billion)
      • 9.4.6. Asia Pacific Isoprene Market Volume, by End-user Industry, 2016 - 2025 (Tons)
      • 9.4.7. Asia Pacific Isoprene Market Revenue, by End-user Industry, 2016 - 2025 (USD Billion)
      • 9.4.8. China
        • 9.4.8.1. China Isoprene Market Volume, by Type, 2016 - 2025 (Tons)
        • 9.4.8.2. China Isoprene Market Revenue, by Type, 2016 - 2025 (USD Billion)
        • 9.4.8.3. China Isoprene Market Volume, by Application, 2016 - 2025 (Tons)
        • 9.4.8.4. China Isoprene Market Revenue, by Application, 2016 - 2025 (USD Billion)
        • 9.4.8.5. China Isoprene Market Volume, by End-user Industry, 2016 - 2025 (Tons)
        • 9.4.8.6. China Isoprene Market Revenue, by End-user Industry, 2016 - 2025 (USD Billion)
      • 9.4.9. Japan
        • 9.4.9.1. Japan Isoprene Market Volume, by Type, 2016 - 2025 (Tons)
        • 9.4.9.2. Japan Isoprene Market Revenue, by Type, 2016 - 2025 (USD Billion)
        • 9.4.9.3. Japan Isoprene Market Volume, by Application, 2016 - 2025 (Tons)
        • 9.4.9.4. Japan Isoprene Market Revenue, by Application, 2016 - 2025 (USD Billion)
        • 9.4.9.5. Japan Isoprene Market Volume, by End-user Industry, 2016 - 2025 (Tons)
        • 9.4.9.6. Japan Isoprene Market Revenue, by End-user Industry, 2016 - 2025 (USD Billion)
      • 9.4.10. India
        • 9.4.10.1. India Isoprene Market Volume, by Type, 2016 - 2025 (Tons)
        • 9.4.10.2. India Isoprene Market Revenue, by Type, 2016 - 2025 (USD Billion)
        • 9.4.10.3. India Isoprene Market Volume, by Application, 2016 - 2025 (Tons)
        • 9.4.10.4. India Isoprene Market Revenue, by Application, 2016 - 2025 (USD Billion)
        • 9.4.10.5. India Isoprene Market Volume, by End-user Industry, 2016 - 2025 (Tons)
        • 9.4.10.6. India Isoprene Market Revenue, by End-user Industry, 2016 - 2025 (USD Billion)
      • 9.4.11. Rest of Asia Pacific
        • 9.4.11.1. Rest of Asia Pacific Isoprene Market Volume, by Type, 2016 - 2025 (Tons)
        • 9.4.11.2. Rest of Asia Pacific Isoprene Market Revenue, by Type, 2016 - 2025 (USD Billion)
        • 9.4.11.3. Rest of Asia Pacific Isoprene Market Volume, by Application, 2016 - 2025 (Tons)
        • 9.4.11.4. Rest of Asia Pacific Isoprene Market Revenue, by Application, 2016 - 2025 (USD Billion)
        • 9.4.11.5. Rest of Asia Pacific Isoprene Market Volume, by End-user Industry, 2016 - 2025 (Tons)
        • 9.4.11.6. Rest of Asia Pacific Isoprene Market Revenue, by End-user Industry, 2016 - 2025 (USD Billion)
    • 9.5. Latin America
      • 9.5.1. Latin America Isoprene Market Volume, by Type, 2016 - 2025 (Tons)
      • 9.5.2. Latin America Isoprene Market Revenue, by Type, 2016 - 2025 (USD Billion)
      • 9.5.3. Latin America Isoprene Market Volume, by Application, 2016 - 2025 (Tons)
      • 9.5.4. Latin America Isoprene Market Revenue, by Application, 2016 - 2025 (USD Billion)
      • 9.5.5. Latin America Isoprene Market Volume, by End-user Industry, 2016 - 2025 (Tons)
      • 9.5.6. Latin America Isoprene Market Revenue, by End-user Industry, 2016 - 2025 (USD Billion)
      • 9.5.7. Brazil
        • 9.5.7.1. Brazil Isoprene Market Volume, by Type, 2016 - 2025 (Tons)
        • 9.5.7.2. Brazil Isoprene Market Revenue, by Type, 2016 - 2025 (USD Billion)
        • 9.5.7.3. Brazil Isoprene Market Volume, by Application, 2016 - 2025 (Tons)
        • 9.5.7.4. Brazil Isoprene Market Revenue, by Application, 2016 - 2025 (USD Billion)
        • 9.5.7.5. Brazil Isoprene Market Volume, by End-user Industry, 2016 - 2025 (Tons)
        • 9.5.7.6. Brazil Isoprene Market Revenue, by End-user Industry, 2016 - 2025 (USD Billion)
      • 9.5.8. Rest of Latin America
        • 9.5.8.1. Rest of Latin America Isoprene Market, by Type, 2016 - 2025 (Tons)
        • 9.5.8.2. Rest of Latin America Isoprene Market, by Type, 2016 - 2025 (USD Billion)
        • 9.5.8.3. Rest of Latin America Isoprene Market, by Application, 2016 - 2025 (Tons)
        • 9.5.8.4. Rest of Latin America Isoprene Market, by Application, 2016 - 2025 (USD Billion)
        • 9.5.8.5. Rest of Latin America Isoprene Market, by End-user Industry, 2016 - 2025 (Tons)
        • 9.5.8.6. Rest of Latin America Isoprene Market, by End-user Industry, 2016 - 2025 (USD Billion)
    • 9.6. The Middle East and Africa
      • 9.6.1. The Middle East and Africa Isoprene Market, by Type, 2016 - 2025 (Tons)
      • 9.6.2. The Middle East and Africa Isoprene Market, by Type, 2016 - 2025 (USD Billion)
      • 9.6.3. The Middle East and Africa Isoprene Market, by Application, 2016 - 2025 (Tons)
      • 9.6.4. The Middle East and Africa Isoprene Market, by Application, 2016 - 2025 (USD Billion)
      • 9.6.5. The Middle East and Africa Isoprene Market, by End-user Industry, 2016 - 2025 (Tons)
      • 9.6.6. The Middle East and Africa Isoprene Market, by End-user Industry, 2016 - 2025 (USD Billion)
  •  
  • Chapter 10. Company Profiles
    • 10.1. SIBUR
      • 10.1.1. Overview
      • 10.1.2. Financials
      • 10.1.3. Product Portfolio
      • 10.1.4. Business Strategy
      • 10.1.5. Recent Developments
    • 10.2. Fortrec Chemicals and Petroleum Pte Ltd.
      • 10.2.1. Overview
      • 10.2.2. Financials
      • 10.2.3. Product Portfolio
      • 10.2.4. Business Strategy
      • 10.2.5. Recent Developments
    • 10.3. LyondellBasell Industries N.V.
      • 10.3.1. Overview
      • 10.3.2. Financials
      • 10.3.3. Product Portfolio
      • 10.3.4. Business Strategy
      • 10.3.5. Recent Developments
    • 10.4. Kuraray Co. Ltd.
      • 10.4.1. Overview
      • 10.4.2. Financials
      • 10.4.3. Product Portfolio
      • 10.4.4. Business Strategy
      • 10.4.5. Recent Developments
    • 10.5. ZEON Corporation
      • 10.5.1. Overview
      • 10.5.2. Financials
      • 10.5.3. Product Portfolio
      • 10.5.4. Business Strategy
      • 10.5.5. Recent Developments
    • 10.6. Royal Dutch Shell PLC
      • 10.6.1. Overview
      • 10.6.2. Financials
      • 10.6.3. Product Portfolio
      • 10.6.4. Business Strategy
      • 10.6.5. Recent Developments
    • 10.7. Ningbo Jinhai Chenguang
      • 10.7.1. Overview
      • 10.7.2. Financials
      • 10.7.3. Product Portfolio
      • 10.7.4. Business Strategy
      • 10.7.5. Recent Developments
    • 10.8. JSR Corporation
      • 10.8.1. Overview
      • 10.8.2. Financials
      • 10.8.3. Product Portfolio
      • 10.8.4. Business Strategy
      • 10.8.5. Recent Developments
    • 10.9. Finetech Industry Ltd.
      • 10.9.1. Overview
      • 10.9.2. Financials
      • 10.9.3. Product Portfolio
      • 10.9.4. Business Strategy
      • 10.9.5. Recent Developments
    • 10.10. Haihang Industry Co. Ltd.
      • 10.10.1. Overview
      • 10.10.2. Financials
      • 10.10.3. Product Portfolio
      • 10.10.4. Business Strategy
      • 10.10.5. Recent Developments
    • 10.11. Shandong Yuhuang Chemical Group Co. Ltd.
      • 10.11.1. Overview
      • 10.11.2. Financials
      • 10.11.3. Product Portfolio
      • 10.11.4. Business Strategy
      • 10.11.5. Recent Developments
    • 10.12. Braskem
      • 10.12.1. Overview
      • 10.12.2. Financials
      • 10.12.3. Product Portfolio
      • 10.12.4. Business Strategy
      • 10.12.5. Recent Developments

Methodology

Free Analysis

Isoprene is an unsaturated penta hydrocarbon, which is commonly found in plants, animals, and humans. Isoprene is a colorless hydrocarbon liquid that is volatile in nature. Pure isoprene is highly flammable at room temperature and can be easily ignited. Around 75% of isoprene manufactured is used to produce synthetic rubber.

The global isoprene market is likely to witness rapid growth over the estimated timeframe, owing to the flourishing automotive production across the globe. The rising demand for fuel hoses, tires, mud flaps, engine mounting, exhaust rubber hangers, suspension bushes, and floor mats in the automotive industry is expected to further drive the global isoprene market growth in the future. Additionally, the extensive use of isoprene in producing synthetic rubber for performance characteristics, similar to natural rubber, and durability offered to the end-products is also projected to boost the isoprene market globally in the years ahead. The rapid industrialization in developing countries, such as China, India, and Brazil, is likely to propel the demand for isoprene. As isoprene is widely used by automotive and construction industries, the isoprene market growth is anticipated to spur further in the upcoming years. However, the strict environmental regulations and fluctuating raw materials prices might hinder the isoprene market growth on a global scale.

Global Isoprene Market

The global isoprene market is divided based on the type, application, and end-user industry. By type, the global isoprene market includes polymer grade and chemical grade. The polymer grade segment dominated the global isoprene market in 2018 and is expected to maintain its dominance in the upcoming years as well. Polymer grade offers consistency as natural rubber in cure rate, strength, processing, mixing, and molding. By application, the global isoprene market includes polyisoprene, styrene-isoprene styrene, and isobutyl-isoprene rubber. Polyisoprene segment is likely to contribute substantially toward the global isoprene market in the future. As polyisoprene is a synthetic rubber and possesses similar properties and structure to natural rubber, it is widely used in tire manufacturing among other rubber products. By end-user industry, this global market includes automotive, personal care, construction, medical, and others. The automotive industry is expected to grow rapidly over the forecast time period, owing to the significant developments witnessed in the automotive industry across the globe.

By region, the global isoprene market includes North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa. In 2018, the Asia Pacific region dominated the global isoprene market in terms of volume, due to its growing automotive and construction industries. Additionally, the increasing demand for isoprene for tire production is estimated to fuel the region’s isoprene market over the forecast time period.

Some key players of the global isoprene market are SIBUR, Fortrec Chemicals and Petroleum Pte Ltd., LyondellBasell Industries N.V., Kuraray Co. Ltd., ZEON Corporation, Royal Dutch Shell PLC, Ningbo Jinhai Chenguang, JSR Corporation, Finetech Industry Ltd., Haihang Industry Co. Ltd., Shandong Yuhuang Chemical Group Co. Ltd., and Braskem, among others.

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