Global polyisoprene rubber market to grow at a CAGR of 7.29% during the period 2018-2022.
The report has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
One trend in the market is rising demand for biomass-derived IR. The use of bio-based feedstock in the production of synthetic rubber is one of the rising trends. The development of renewable chemicals for the production of rubber is witnessing rapid growth on the grounds of achieving sustainability.
According to the report, one driver in the market is increasing demand from the tire industry. The tire industry is one of the key end-user industries of IR. The automotive sector accounts for the maximum share of the global IR market in terms of consumption as it is extensively used in the production of tires and tire products including auto tires, bicycles tires, and aircraft tires.
The natural rubber market is witnessing a rebound in natural rubber prices, which would contribute to the regaining market prosperity. It is expected to gain from the expected trends in the crude oil market and betterment in the prices of commodities. The recovery of the prices of natural rubber is a result of certain factors that impacted the global economy as well.
- The Goodyear Tire & Rubber
Key Topics Covered
Part 01: Executive Summary
Part 02: Scope of the Report
Part 03: Research Methodology
Part 04: Market Landscape
Part 05: Market Sizing
Part 06: Five Forces Analysis
Part 07: Market Segmentation by Application
Part 08: Customer Landscape
Part 09: Regional Landscape
Part 10: Decision Framework
Part 11: Drivers and Challenges
Part 12: Market Trends
Part 13: Vendor Landscape
Part 14: Vendor Analysis
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