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    Isoprene Market - Size, Share, Trend & Forecast Analysis | Covid-19 Impact Analysis

    Isoprene Market - Size, Share, Trend & Forecast Analysis | Covid-19 Impact Analysis

    Isoprene Market - Size, Share, Trend & Forecast Analysis  | Covid-19 Impact Analysis
    Report code - SRAM303 Delivery - 2 Weeks
    Isoprene Market Size, Share, Trend, Forecast, & Competitive Analysis.
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    Impact of COVID-19 on Isoprene Market

    Covid-19 has impacted the market dynamics, competition, and global supply chains. The revenues has gone down in 2020 and may resume an uptrend gradually form 2021. Companies optimizing their operation and statergy will sustain and beat the competition.

    Note: The summary below might not have included insights on covid impact since we have large number of reports.

    Isoprene Market Insights

    Isoprene Market is likely to witness an impressive CAGR of 9.2% during the forecast period. Growing use of synthetic rubber in various end-use industries, such as tire, adhesives, and non-tire is driving the isoprene market globally.

    Isoprene Market - Snapshot

    Growth

    9.2% for the next five years

    Major Type

    Polymerization

    Dominant Application Type

    Polyisoprene

    Region with the highest demand

    Asia-Pacific

    Key Players

    Sibur, PJSC Nizhnekamskneftekhim, The Goodyear Tire and Rubber Company, Royal Dutch Shell PLC, Lyondellbasell Industries N.V., Zeon Corporation, Kuraray Co. Ltd., Ningbo Jinhai Chenguang, Shandong Yuhuang Chemical Group Co. Ltd., Finetech Industry Ltd., Haihang Industry Co. Ltd., Fortrec Chemicals and Petroleum Pte Ltd., Braskem S.A., and JSR Corporation.

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    Market Share Analysis

    Isoprene Market Share: By Type

    Based on the type, the market is segmented as polymerization grade and chemical grade. Polymerization grade is the most extensively used isoprene type. Owing to its properties similar to natural rubber, it is widely used in different applications. Further, it has more uniformity in molding, strength, cure rate, mixing, and processing.

    Isoprene Market Share: By Application Type

    Based on the application type, the market is segmented as polyisoprene, styrene isoprene styrene, isobutylene isoprene rubber, and others. The growing use of polyisoprene in the tire industry has led to the demand for isoprene globally. The growing demand for low-rolling resistance tires aimed at better fuel-efficiency is estimated to further drive the global isoprene market during the forecast period.

    Isoprene Market Share: By Region

    In terms of regions, Asia-Pacific is estimated to offer substantial growth opportunities in the coming five years for isoprene. China and India are the growth engines of the region. The market is sustained by the increasing demand for isoprene by various end-use industries. North America and Europe are also expected to offer considerable growth opportunities during the forecast period.

    Isoprene Market: Key Players

    Some of the isoprene manufacturers are Sibur, PJSC Nizhnekamskneftekhim, The Goodyear Tire and Rubber Company, Royal Dutch Shell PLC, Lyondellbasell Industries N.V., Zeon Corporation, Kuraray Co. Ltd., Ningbo Jinhai Chenguang, Shandong Yuhuang Chemical Group Co. Ltd., Finetech Industry Ltd., Haihang Industry Co. Ltd., Fortrec Chemicals and Petroleum Pte Ltd., Braskem S.A., and JSR Corporation.

     

    Market Scope & segmentation

    Isoprene is a high volatile hydrocarbon liquid that has its source in petroleum. It is the base of manufacturing synthetic rubbers and also a number of natural rubber forms.

    Isoprene is used in a number of applications areas such as polyisoprene, styrene isoprene styrene, isobutylene isoprene rubber, and others. Tires, adhesives, and many other industries are the areas where isoprene is used.

    This report studies the market covering a period of 12 years of trend and forecast. The report provides detailed insights into the market dynamics to enable informed business decision making and growth strategy formulation based on the opportunities present in the market.

    Isoprene Market Report - Features

    Market Segmentation

    4

    Regions Covered

    4

    Countries/Sub-Regions Covered

    15

    No. of Figures & Tables

    >150

    Company Profiles

    10

     

    The isoprene market is segmented into the following categories. 

    Isoprene Market Size, Share & Forecast, by Type:

    • Polymerization Grade (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Chemical Grade (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)

    Isoprene Market Size, Share & Forecast, by Application Type:

    • Polyisoprene (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Styrene Isoprene Styrene (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Isobutylene Isoprene Rubber (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Others (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)

    Isoprene Market Size, Share & Forecast, by End-Use Industry Type:

    • Tires (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Adhesives (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Non-Tire (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Others (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)

    Isoprene Market Size, Share & Forecast, by Region:

    • North America (Country Analysis: the USA, Canada, and Mexico) 
    • Europe (Country Analysis: Germany, France, the UK, Russia, and Rest of Europe)
    • Asia-Pacific (Country Analysis: China, Japan, India, and Rest of Asia-Pacific)
    • Rest of the World (Sub-Region Analysis: Latin America, the Middle East, and Others)

     

    Research Methodology

    This report offers high-quality insights and is the outcome of detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders and validation and triangulation with Stratview Research’s internal database and statistical tools. More than 1,000 authenticated secondary sources, such as company annual reports, fact book, press release, journals, investor presentation, white papers, patents, and articles have been leveraged to gather the data. We conducted more than 10 detailed primary interviews with the market players across the value chain in all four regions and with industry experts to obtain both the qualitative and quantitative insights.

     

    Report Features

    This report provides market intelligence in the most comprehensive way. The report structure has been kept such that it offers maximum business value. It provides critical insights into the market dynamics and will enable strategic decision making for the existing market players as well as those willing to enter the market. The following are the key features of the report:

    • Market structure: Overview, industry life cycle analysis, supply chain analysis
    • Market environment analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis
    • Market trend and forecast analysis
    • Market segment trend and forecast
    • Competitive landscape and dynamics: Market share, product portfolio, product launches, etc.
    • Attractive market segments and associated growth opportunities
    • Emerging trends
    • Strategic growth opportunities for the existing and new players
    • Key success factors

     

    Report Customization Options

    With this detailed report, Stratview Research offers one of the following free customization options to our respectable clients:

    Company Profiling

    • Detailed profiling of additional market players (up to 3 players)
    • SWOT analysis of key players (up to 3 players)

    Market Segmentation

    • Current market segmentation of any one of the types by end-use industry type.  

    Competitive Benchmarking

    • Benchmarking of key players on the following parameters: Product portfolio, geographical reach, regional presence, and strategic alliances

    Custom Research: Stratview Research offers custom research services across sectors. In case of any custom research requirement related to market assessment, competitive benchmarking, sourcing and procurement, target screening, and others, please send your inquiry at [email protected]


    General Frequently Asked Questions (FAQs)

    What is Isoprene?

    Isoprene is a high volatile hydrocarbon liquid that has its source in petroleum. It is the base of manufacturing synthetic rubbers and also a number of natural rubber forms. Isoprene is used in a number of applications areas such as polyisoprene, styrene isoprene styrene, isobutylene isoprene rubber, and others. Tires, adhesives, and many other industries are the areas where isoprene is used.

    What will be the CAGR of the Isoprene Market?

    Isoprene Market is likely to witness an impressive CAGR of 9.2% during the forecast period. Growing use of synthetic rubber in various end-use industries, such as tire, adhesives, and non-tire is driving the isoprene market globally.

    Which country/region is expected to remain the largest Isoprene Market?

    In terms of regions, Asia-Pacific is estimated to offer substantial growth opportunities in the coming five years for isoprene.

    Who are the key players in the Isoprene Market?

    Some of the isoprene manufacturers are Sibur, PJSC Nizhnekamskneftekhim, The Goodyear Tire and Rubber Company, Royal Dutch Shell PLC, Lyondellbasell Industries N.V., Zeon Corporation, Kuraray Co. Ltd., Ningbo Jinhai Chenguang, Shandong Yuhuang Chemical Group Co. Ltd., Finetech Industry Ltd., Haihang Industry Co. Ltd., Fortrec Chemicals and Petroleum Pte Ltd., Braskem S.A., and JSR Corporation.

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