Isoprene Market Size to Reach $3.97 Billion by 2025 | CAGR: 7.5%: Grand View Research, Inc.

 Isoprene Market Size to Reach $3.97 Billion by 2025 | CAGR: 7.5%: Grand View
                                Research, Inc.

  PR Newswire

  SAN FRANCISCO, September 25, 2017

SAN FRANCISCO, September 25, 2017 /PRNewswire/ --

The global isoprene market  is expected to reach USD 3.97 billion by 2025,
growing at a CAGR of 7.5%, according to a new report by Grand View Research,
Inc. 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.

     (Logo: http://photos.prnewswire.com/prnh/20160524/371361LOGO )

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.

Browse full research report with TOC on " Isoprene Market Analysis By Type
(Polymer Grade, Chemical Grade), By Application (Polyisoprene,
Styrene-Isoprene Styrene, Isobutylene-Isoprene Rubber), By End-use, And
Segment Forecasts, 2014 - 2025 " at:
http://www.grandviewresearch.com/industry-analysis/isoprene-market

Further Key Findings From the Report Suggest:  

  * Polymer grade isoprene is likely to witness significant revenue rise at a
    CAGR of 7.7% from 2017 to 2025 as a result of their properties including
    toughness, excellent hot tear strength, abrasion, high resilience, cold
    resistance, and tensile strength. Moreover, the product is obtained from
    the C5 diene crude product, which are quick to dispose and reuse on
    account of an existing infrastructure in place.
  * Asia Pacific was the dominant market and accounted for 28.7% of the
    overall volume share in 2016. Robust manufacturing base of automotive
    industry in China, Japan and India along with increasing passenger
    vehicles sales are anticipated to augment isoprene market growth in the
    near future.
  * Presence of major automobile companies, including Toyota, Honda, Daihatsu,
    Nissan, Suzuki, Mazda, Mitsubishi, Subaru and Isuzu will augment the
    Japanese automotive industry, which in turn will drive the isoprene market
    demand.
  * Key participants dominating the industry includes Shell PLC., The Goodyear
    Tire and Rubber Company, ExxonMobil Corp., LyondellBasell Industries N.V.,
    Zeon Corporation, Chevron Phillips Chemical LLC, Shandong Yuhuang Chemical
    (Group) Co., Ltd., and Braskem.
  * Product differentiation along with threat of forward and backward
    integration by manufacturers to distribute isoprene and to capture market
    share is anticipated to result in high industry rivalry in the product's
    market over the forecast period. In addition, possible entry of new
    players is further expected to intensify rivalry in the industry.
  * In February 2014, Shandong Yuhuang Chemical Co., Ltd. signed a
    co-operation frame agreement with Sinopec Chemical Sales Company, which
    was led by Sinopec's general manager, Zhao Chengfeng.
  * In August 2013, SIBUR entered into a joint venture with China Petroleum
    and Chemical Corporation, a major petroleum and petrochemical enterprise
    group, in order to produce synthetic rubbers in Krasnoyarsk.

Browse related reports by Grand View Research:  

  * Surface Disinfectant Market -
    http://www.grandviewresearch.com/industry-analysis/surface-disinfectant-market

  * Cosmetics Market -
    http://www.grandviewresearch.com/industry-analysis/cosmetics-market

  * Acrylic Surface Coating Market -
    http://www.grandviewresearch.com/industry-analysis/acrylic-surface-coating-market

  * Propylene Oxide Market -
    http://www.grandviewresearch.com/industry-analysis/propylene-oxide-market

Grand View Research has segmented the isoprene market on the basis of product,
application, end-use and region:  

  * Product Outlook (Volume, Kilo Tons, Revenue, USD Million, 2014 - 2025)  

       * Polymer grade
       * Chemical grade

  * Application   Outlook (Volume, Kilo Tons, Revenue, USD Million, 2014 -
    2025)  

       * Polyisoprene (IR)
       * Styrene-isoprene styrene (SIS)
       * Isobutylene-isoprene rubber (IIR)
       * Specialty chemicals

  * End-use Outlook (Volume, Kilo Tons, Revenue, USD Million, 2014 - 2025)  

       * Tires
       * Adhesives
       * Industrial rubber
       * Others

  * Regional Outlook (Volume, Kilo Tons, Revenue, USD Million, 2014 - 2025)  

       * North America

            * U.S.

       * Europe

            * Russia
            * Germany

       * Asia Pacific

            * China
            * India

       * Central & South America

            * Brazil

       * Middle East & Africa

Read Our Blog By Grand View Research :
http://www.grandviewresearch.com/blogs/bulk-chemicals

About Grand View Research  

Grand View Research, Inc. is a U.S. based market research and consulting
company, registered in the State of California and headquartered in San
Francisco. The company provides syndicated research reports, customized
research reports, and consulting services. To help clients make informed
business decisions, we offer market intelligence studies ensuring relevant and
fact-based research across a range of industries, from technology to
chemicals, materials and healthcare.

Contact: Sherry James Corporate Sales Specialist, USA Grand View Research,
Inc. Phone: +1-415-349-0058 Toll Free: 1-888-202-9519 Email:
sales@grandviewresearch.com

Web: http://www.grandviewresearch.com
Press spacebar to pause and continue. Press esc to stop.