Global Isoprene Rubber Market Size - Forecast to 2026
As per the research conducted by GME, the Global Isoprene Rubber Market is estimated to be valued at USD 1.6 billion in 2021 and is projected to reach USD 1.9 billion by 2026 at a CAGR of 3.5%. The global isoprene rubber market is predominantly spurred by government initiatives that promote isoprene rubber production, and the rapid industrialization coupled with soaring demand from various end-use sectors.
Browse 151 Market Data Tables and 111 Figures spread through 181 Pages and in-depth TOC on “Global Isoprene Rubber Market - Forecast to 2026” https://www.globalmarketestimates.com/market-report/isoprene-rubber-market-3396
By Type (Medical Grade, Industrial Grade), By Applications (Tires, Mechanical Rubber Products, Glove & Balloon, Cable Insulation, Conveyor Belts, Driving Belts, Medical, Footwear, Consumer Products, Others), By Region (North America, Europe, Asia Pacific, MEA, and CSA); Competitive Landscape, End-User Landscape, Company Market Share Analysis & Competitor Analysis
Key Market Insights
• Quality synthetic rubber, including isoprene rubber, has gained widespread popularity due to a variety of benefits such as increased resistance and lifespan.
• Isoprene rubber is free of latex allergens which makes it be exclusively used for medical-grade products
• The expanding demand for fuel-efficient automobiles and efficacious tires is aiding in the supremacy of the tire application segment.
• Accelerated industrialization aids in the predominance of the Asia Pacific region.
• Goodyear Rubber and Tire Company, Nizhnekamskneftekhim Inc., SIBUR, JSR Corporation, ZEON Corporation, JSR Corporation, KauchukSterlitamak, Dow Chemical Company, Yikesi New Material, Tpi New Material, Kraton Corporation, among others, are the key players in the market.
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Type Outlook (Revenue, USD Billion, 2021-2026)
• Medical Grade
• Industrial Grade
Application Outlook (Revenue, USD Billion, 2021-2026)
• Tires
• Mechanical Rubber Products
• Glove & Balloon
• Cable Insulation
• Conveyor Belts
• Driving Belts
• Medical
• Footwear
• Consumer Products
• Others
Regional Outlook (Revenue, USD Billion, 2021-2026)
North America
• The U.S.
• Canada
• Mexico
Europe
• Germany
• UK
• France
• Spain
• Italy
• Rest of Europe
Asia Pacific
• China
• India
• Japan
• South Korea
• Australia
• Rest of APAC
Central & South America
• Brazil
• Argentina
• Rest of CSA
Middle East & Africa
• Saudi Arabia
• UAE
• Rest of MEA
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