The global isoprene market is expected to reach USD 3.97 billion by 2025, growing at a CAGR of 7.5%. Rising demand for isoprene is owing to good resilience, good tack, and great hot tensile and good gum tensile strength propel industry expansion over the forecast period.
Growing automotive sector will fuel isoprene demand for various products including tires, fuel hoses, engine mounting, mud flaps, suspension bushes, floor mats, and exhaust rubber hangers over the forecast period, thereby augmenting industry size in the near future.
The contents of isoprene not only restrict formation of nitrosamines, but also prevents Type I allergies. The physical properties deriving the demand for isoprene are heat resistance, clear and power-free products, electrical resistance, adapting various component geometric as well as thicknesses, and low tensile set values.
Increasing expenditures and greater attention to health care by developing markets, construction of hospitals and clinics, and the establishment of public health insurance will augment medical devices market. In addition, aging population coupled with the rising global income levels in developing countries will fuel the utilization of isobutylene-isoprene rubber and styrene-isoprene styrene.
- Royal Dutch Shell Plc.
- The Goodyear Tire and Rubber Company
- LyondellBasell Industries N.V.
- Finetech Industries Ltd.
- Kuraray Company Ltd.
- ZEON Corporation
- Ningbo Jinhai Chenguang Chemical Corporation
- ExxonMobil Corporation
- Shandong Yuhuang Chemical (Group) Co., Ltd
- Haihang Industry Co., Ltd.
- Fortrec Chemicals and Petroleum Pte Ltd.
- Zibo Luhua Hongjin New Material Co., Ltd.
- Chevron Phillips Chemical LLC
Key Topics Covered:
Chapter 1 Methodology & Scope
Chapter 2 Executive Summary
Chapter 3 Isoprene Market Variables, Trends & Scope
Chapter 4 Isoprene Market: Product Estimates & Trend Analysis
Chapter 5 Isoprene Market: Application Estimates & Trend Analysis
Chapter 6 Isoprene Market: End-Use Estimates & Trend Analysis
Chapter 7 Isoprene Market: Regional Estimates & Trend Analysis
Chapter 8 Competitive Landscape
Chapter 9 Company Profiles
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