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. The IR products are widely used in tire, medical products, conveyor belts and others.
In addition, polyisoprene elastomer is equivalent to isoprene rubber (IR).
In consumption regions, the growth rate of global consumption is smooth relatively. Russia is still the mainly consumption regions due to the advanced production technology and rapid development of economy.
The isoprene rubber industry is easily affected by the price of the natural rubber crude oil and natural gas. The natural rubber is an alternative of IR products, with the same price trends in the past few years. The price of natural rubber changed intensely since 2013, which lead to the fluctuation of IR price.
The major raw material for isoprene rubber is isoprene monomer. On the global market, supply of raw materials is full. Fluctuations in the price of the upstream product will impact on the production cost of isoprene rubber industry.
We tend to believe this industry is a rising industry, and the consumption increasing degree will show a smooth growth curve. And the price presents fluctuation according to the economy development status and international competition. Also, there is fluctuation in gross margin.
According to this study, over the next five years the Isoprene Rubber (IR) market will register a 3.4% CAGR in terms of revenue, the global market size will reach US$ 1580 million by 2024, from US$ 1290 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Isoprene Rubber (IR) business, shared in Chapter 3.
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.
This study considers the Isoprene Rubber (IR) 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.
Medical Grade
Industrial Grade
Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
Tires and Tire Products
Mechanical Rubber Products
Other
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.
PJSC Nizhnekamskneftekhim
KauchukSterlitamak
Sibur
Goodyear Chemical
Kraton
Zeon
JSR
Kuraray
Karbochem
Yikesi
Luhua
Tpi New Material
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 Rubber (IR) 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 Rubber (IR) market by identifying its various subsegments.
Focuses on the key global Isoprene Rubber (IR) 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 Rubber (IR) 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 Rubber (IR) 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 Rubber (IR) . Industry analysis & Market Report on Isoprene Rubber (IR) is a syndicated market report, published as Global Isoprene Rubber (IR) Market Growth 2019-2024. It is complete Research Study and Industry Analysis of Isoprene Rubber (IR) market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.