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Global Isoprene Rubber (IR) Market Growth 2023-2029

Global Isoprene Rubber (IR) Market Growth 2023-2029

Product Code:454205

Published Date: Feb 08,2023

Pages: 106

Region: Global

Category: Chemical & Material

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Isoprene rubber (IR) is a polymer of synthetic isoprene. It combines the key qualities of natural rubber such as good mechanical properties and hysteresis with superior features such as high purity, excellent clarity, good flow, low gel content, no nitrosamines, and no natural rubber proteins.

LPI (LP Information)' newest research report, the “Isoprene Rubber (IR) Industry Forecast” looks at past sales and reviews total world Isoprene Rubber (IR) sales in 2022, providing a comprehensive analysis by region and market sector of projected Isoprene Rubber (IR) sales for 2023 through 2029. With Isoprene Rubber (IR) sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Isoprene Rubber (IR) industry.

This Insight Report provides a comprehensive analysis of the global Isoprene Rubber (IR) landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Isoprene Rubber (IR) portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Isoprene Rubber (IR) market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Isoprene Rubber (IR) and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Isoprene Rubber (IR).

The global Isoprene Rubber (IR) market size is projected to grow from US$ 1268.1 million in 2022 to US$ 1552.8 million in 2029; it is expected to grow at a CAGR of 1552.8 from 2023 to 2029.

Global isoprene rubber (IR) key players include PJSC Nizhnekamskneftekhim, Kauchuk Sterlitamak, Goodyear Chemical, Zeon, Sibur, etc. Global top 5 manufacturers hold a share over 75%.

Europe is the largest market, with a share over 35%, followed by Asia Pacific and North America, both have a share over 55%. 
In terms of product, industrial grade is the largest segment, with a share over 95%. And in terms of application, the largest application is tires and tire products, followed by mechanical rubber products, etc.

This report presents a comprehensive overview, market shares, and growth opportunities of Isoprene Rubber (IR) market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:
Segmentation by type
    Medical Grade
    Industrial Grade

Segmentation by application
    Tires and Tire Products
    Mechanical Rubber Products
    Adhesives and Sealants
    Others

This report also splits the market by region:
    Americas
        United States
        Canada
        Mexico
        Brazil
    APAC
        China
        Japan
        Korea
        Southeast Asia
        India
        Australia
    Europe
        Germany
        France
        UK
        Italy
        Russia
    Middle East & Africa
        Egypt
        South Africa
        Israel
        Turkey
        GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
    PJSC Nizhnekamskneftekhim
    KauchukSterlitamak
    Sibur
    Goodyear Chemical
    Kraton
    Zeon
    JSR
    Kuraray
    Karbochem
    Yikesi
    Luhua
    Tpi New Material

Key Questions Addressed in this Report
What is the 10-year outlook for the global Isoprene Rubber (IR) market?
What factors are driving Isoprene Rubber (IR) market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Isoprene Rubber (IR) market opportunities vary by end market size?
How does Isoprene Rubber (IR) break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?