Isoprene Monomer or 2-methyl-1, 3-butadiene, is a common organic compound with the formula CH2=C(CH3)CH=CH2. In its pure form, it is a colorless volatile liquid.
The Isoprene Monomer industry concentration is high; there are no more than 20 manufacturers that take the majority share in the whole industry, and mainly distributed in Europe, US and Japan. In the world wide, giant manufactures mainly distribute in Russia and United States such as Nizhnekamskneftekhim, Sibur, Synthez-Kauchuk and Goodyear Chemical.
Most company have one or two plants, usually in domestic area. Also, there are international companies set up factories in other countries too, such as Shell has a plant in United States. Many companies developed their own production line to produce market products such as synthetic rubber, rather than sale Isoprene Monomer to other companies.
All manufacturers in the world are committed to the improvement of product. Many companies developed their own technology to produce Isoprene Monomer. Russia companies like Togliattikauchuk applies Dehydrogenation method, due to the low production of natural rubber. C5 fraction extraction method is usually applied by American and Chinese companies, which is also related to the petroleum refinery situation in these areas. For the past 5 years, some Chinese manufacturers have deeply researched about the technology of producing Isoprene Monomer, to meet the increasing demand in rubber industry in domestic area since 2010.
The production of Isoprene Monomer is increasing in the past years, while the price of Isoprene Monomer is in fluctuation. The price of Isoprene monomer is forecasted to increase at rate of 1%~3%, due to the increasing of crude oil price and tightening of natural rubber supply in the coming years. As the application of Isoprene Monomer is increasing in both synthetic rubber industry and fine chemical industry, the demand of Isoprene Monomer would increase continuously in the future, and the increase would be more modest.
According to this study, over the next five years the Isoprene Monomer market will register a 6.0% CAGR in terms of revenue, the global market size will reach US$ 3120 million by 2024, from US$ 2330 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Isoprene Monomer business, shared in Chapter 3.
This report presents a comprehensive overview, market shares, and growth opportunities of Isoprene Monomer market by product type, application, key manufacturers and key regions and countries.
This study considers the Isoprene Monomer value and volume generated from the sales of the following segments:
Segmentation by product type: breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.
Polymerization Grade
Chemical Grade
Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
IR
SIS
IIR
Fine Chemicals
This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3.
Nizhnekamskneftekhim
Sibur
Synthez-Kauchuk
Shell
JSR
Goodyear Chemical
Kuraray
ZEON CORPORATION
SINOPEC
Jinhai Chenguang
Zibo Luhua Hongjin New Material
Shandong Yuhuang Chemical
Kaixin
Yikesi
Yuangang Petrochemical
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
Research objectives
To study and analyze the global Isoprene Monomer consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of Isoprene Monomer market by identifying its various subsegments.
Focuses on the key global Isoprene Monomer manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Isoprene Monomer with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Isoprene Monomer submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
Summary:
Get latest Market Research Reports on Isoprene Monomer . Industry analysis & Market Report on Isoprene Monomer is a syndicated market report, published as Global Isoprene Monomer Market Growth 2019-2024. It is complete Research Study and Industry Analysis of Isoprene Monomer market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.