Isoprene Market - Industry Analysis, Market Size, Share, Trends,Application Analysis, Growth and Forecast 2020 - 2025

Report Code: CMR 18120 Report Format: PDF + Excel (Delivery in 48 Hrs)

Overview

Isoprene Market is forecast to reach $4.47 billion by 2025, after growing at a CAGR of 7.5% during 2020-2025. The demand for isoprene increases in tires, conveyor belts, hoses, molded rubber as well as for medical devices such as gloves and balloons are increasingly available. Isoprene demand is expected to be driven by rising vehicle sales in China and India in the automotive industry for Polyisoprene manufacture. The rising demand for fuel efficiency and environmentally friendly tires drives the tire industry's growth and the isoprene market growth in turn.

Report Coverage

The “Isoprene Market Report – Forecast (2020-2025)”, by IndustryARC, covers an in-depth analysis of the following segments of the Isoprene Market.

 

Key Takeaways

  • In addition, a decline in natural rubber demand would likely act as an opportunity for the market.
  • Acrylonitrile is a colorless liquid and crotonaldehyde, these two chemicals are widely used in the production of rubber and elastomers, which are used in the manufacture of tires.

Type - Segment Analysis

The polymerization Grade segment held the largest share in the Isoprene Market in 2018. Polymerization grade is widely used due to its characteristics similar to natural rubber which are used in different applications. In strength, cure rate, processing, mixing and molding it also has more consistency than natural rubber.

End-use Industry - Segment Analysis

Tires segment held the largest share in the Isoprene Market in 2018. Because of their properties including resilience, tensile resistance, tear strength, etc. isoprene commonly used in the manufacture of tires. Tires are growing in demand globally. Tires demand in 2014 was approximately 2.84 billion. Demand in 2018 was approximately 3.66 billion units, up from 6.55% in 2014. Tire and rubber industry sales worldwide amount to approximately USD 18 billion, mainly from industries such as the aerospace industry, automotive, etc. Globally, the firms of tire and rubber manufacturing are increasing. Tire producers in the United States and Europe increased by around 111 firms and 4,300 firms. Companies, such as Bridgestone (Japan), Michelin (France), Goodyear (US), Continental (Germany), and Sumitomo Rubber Industries (Japan) are the major producers of tires in the world. This scenario is expected to boost the demand for the market studied.

Application - Segment Analysis

Polyisoprene sector has been the primary market for Isoprene by growing at a CAGR of 3.2%. Polyisoprene is used mainly in the production of tires and in other rubber products. It has a lower non-polymer component level than natural rubber. In rubber bands, footwear, cut thread, baby bottle nipples, hoses, and conveyor belts, Polyisoprene is used in addition to tires. Polyisoprene is commonly used in the production of medical devices like the manufacturing of surgical gloves, sample covers, and catheters.

Geography - Segment Analysis

APAC dominated the Isoprene Market share with more than 38%, followed by North America and Europe. Global market share dominated the Asia-Pacific region, as Asia-Pacific is the largest tire producer. Countries such as India, China, Japan, etc. are the largest car and commercial vehicle manufacturers in the Asia-Pacific region. For Instance, the production of tires and tubes for the automotive industry in Japan increased by approximately 1.36% in 2018. According to the Japan Statistics Bureau, the country's tire and tube production was approximately USD 11.2 billion in 2018 and is expected to reach USD 11.22 billion in 2019. In addition, the growing production of electric cars is driving demand for tires in countries like China, Japan, and others. During the forecast period, electric vehicles in these countries are expected to reach approximately 6843 units and 1023 units respectively. It is predicted that all the above-mentioned factors will increase isoprene demand over the forecast period.

Drivers – Isoprene Market

  • Isoprene grade polymer demand continues to be on the upper side

The two main products on the global isoprene markets are polymer grade isoprene and chemical grade isoprene. The former showed a higher demand among the two. Researchers expect this trend to continue and in the near future to remain dominant in the polymer grade isoprene market. The primary end-users of isoprene are tires, industrial rubber, and adhesives, Isoprene is widely used. Polyisoprene's properties, such as durability, wear resistance, resilience, and strength, make it an appropriate natural rubber alternative for tire manufacturing. This segment is likely to remain the key end-user of isoprene in the years to come with the ongoing expansion in the automotive industry.

Challenges – Isoprene Market

  • Regulations in the rubber manufacturing industry

Manufacturing facilities for the production of tires and rubber emit dangerous air pollutants (HAP). It is expected that the strict regulations by regulatory bodies to minimize HAPs would limit the production of synthetic rubber and thus restrict the isoprene industry in the coming years.

 Market Landscape

Technology launches, acquisitions, and R&D activities are key strategies adopted by players in the Isoprene Market. In 2018, the market of Isoprene has been consolidated by the top five players accounting for xx% of the share. Major players in the Isoprene Market are Nizhnekamskneftekhim, SIBUR, The Goodyear Tire & Rubber Company, Royal Dutch Shell Plc, Kuraray Co. Ltd., ZEON Corporation, Lyondellbasell Industries N.V., JSR Corporation, Ningbo Jinhai Chenguang, Shandong Yuhuang Chemical Group Co. Ltd., Finetech Industry Ltd., Haihang Industry Co. Ltd., Fortrec Chemicals and Petroleum Pte Ltd., and Braskem, among others.

Acquisitions/Technology Launches

  • In July 2018, Zeon Corporation has created an advanced technology for durable and capable manufacturing of isoprene which is mainly used as a crude component of the Polyisoprene rubber, from biofuel. Advancement of this  technology will resolve the expected dependency  on petroleum, anticipating in the preservation of the environment
  • In January 2019, Gevo announced that it developed a stimulant, development and fix a catalytic process which converts economically accessible or product waste, reused alcohol into sustainable isoprene. It is likely to compete with natural and petroleum-based chemical equivalents on cost head-to-head while decreasing CO2 emissions.

1. Isoprene Market - Overview
1.1 Definitions and Scope
2. Isoprene Market - Executive summary
2.1 Market Revenue, Market Size and Key Trends by Company
2.2 Key Trends by type of Application
2.3 Key Trends segmented by Geography
3. Isoprene Market
3.1 Comparative analysis
3.1.1 Product Benchmarking - Top 10 companies
3.1.2 Top 5 Financials Analysis
3.1.3 Market Value split by Top 10 companies
3.1.4 Patent Analysis - Top 10 companies
3.1.5 Pricing Analysis
4. Isoprene Market - Startup companies Scenario Premium
4.1 Top 10 startup company Analysis by
4.1.1 Investment
4.1.2 Revenue
4.1.3 Market Shares
4.1.4 Market Size and Application Analysis
4.1.5 Venture Capital and Funding Scenario
5. Isoprene Market - Industry Market Entry Scenario Premium
5.1 Regulatory Framework Overview
5.2 New Business and Ease of Doing business index
5.3 Case studies of successful ventures
5.4 Customer Analysis - Top 10 companies
6. Isoprene Market Forces
6.1 Drivers
6.2 Constraints
6.3 Challenges
6.4 Porters five force model
6.4.1 Bargaining power of suppliers
6.4.2 Bargaining powers of customers
6.4.3 Threat of new entrants
6.4.4 Rivalry among existing players
6.4.5 Threat of substitutes
7. Isoprene Market -Strategic analysis
7.1 Value chain analysis
7.2 Opportunities analysis
7.3 Product life cycle
7.4 Suppliers and distributors Market Share
8. Isoprene Market - By Type (Market Size -$Million / $Billion)
8.1 Market Size and Market Share Analysis
8.2 Application Revenue and Trend Research
8.3 Product Segment Analysis
8.3.1 Polymerization Grade
8.3.2 Chemical Grade
9. Isoprene Market - By End-Use Industry (Market Size -$Million / $Billion)
9.1 Tires
9.2 Adhesives
9.3 Non-Tire
10. Isoprene Market - By Application Type (Market Size -$Million / $Billion)
10.1 Segment type Size and Market Share Analysis
10.2 Application Revenue and Trends by type of Application
10.3 Application Segment Analysis by Type
10.3.1 Polyisoprene
10.3.2 SIS (Styrene Isoprene Styrene) 
10.3.3 IIR (Isobutylene Isoprene Rubber)
11. Isoprene Market - By Geography (Market Size -$Million / $Billion)
11.1 Isoprene Market - North America Segment Research
11.2 North America Market Research (Million / $Billion)
11.2.1 Segment type Size and Market Size Analysis
11.2.2 Revenue and Trends
11.2.3 Application Revenue and Trends by type of Application
11.2.4 Company Revenue and Product Analysis
11.2.5 North America Product type and Application Market Size
11.2.5.1 U.S
11.2.5.2 Canada
11.2.5.3 Mexico
11.2.5.4 Rest of North America
11.3 Isoprene Market - South America Segment Research
11.4 South America Market Research (Market Size -$Million / $Billion)
11.4.1 Segment type Size and Market Size Analysis
11.4.2 Revenue and Trends
11.4.3 Application Revenue and Trends by type of Application
11.4.4 Company Revenue and Product Analysis
11.4.5 South America Product type and Application Market Size
11.4.5.1 Brazil
11.4.5.2 Venezuela
11.4.5.3 Argentina
11.4.5.4 Ecuador
11.4.5.5 Peru
11.4.5.6 Colombia
11.4.5.7 Costa Rica
11.4.5.8 Rest of South America
11.5 Isoprene Market - Europe Segment Research
11.6 Europe Market Research (Market Size -$Million / $Billion)
11.6.1 Segment type Size and Market Size Analysis
11.6.2 Revenue and Trends
11.6.3 Application Revenue and Trends by type of Application
11.6.4 Company Revenue and Product Analysis
11.6.5 Europe Segment Product type and Application Market Size
11.6.5.1 U.K
11.6.5.2 Germany
11.6.5.3 Italy
11.6.5.4 France
11.6.5.5 Netherlands
11.6.5.6 Belgium
11.6.5.7 Denmark
11.6.5.8 Spain
11.6.5.9 Rest of Europe
11.7 Isoprene Market - APAC Segment Research
11.8 APAC Market Research (Market Size -$Million / $Billion)
11.8.1 Segment type Size and Market Size Analysis
11.8.2 Revenue and Trends
11.8.3 Application Revenue and Trends by type of Application
11.8.4 Company Revenue and Product Analysis
11.8.5 APAC Segment - Product type and Application Market Size
11.8.5.1 China
11.8.5.2 Australia
11.8.5.3 Japan
11.8.5.4 South Korea
11.8.5.5 India
11.8.5.6 Taiwan
11.8.5.7 Malaysia
11.8.5.8 Hong kong
11.8.5.9 Rest of APAC
11.9 Isoprene Market - Middle East Segment and Africa Segment Research
11.10 Middle East & Africa Market Research (Market Size -$Million / $Billion)
11.10.1 Segment type Size and Market Size Analysis
11.10.2 Revenue and Trend Analysis
11.10.3 Application Revenue and Trends by type of Application
11.10.4 Company Revenue and Product Analysis
11.10.5 Middle East Segment Product type and Application Market Size
11.10.5.1 Israel
11.10.5.2 Saudi Arabia
11.10.5.3 UAE
11.10.6 Africa Segment Analysis
11.10.6.1 South Africa
11.10.6.2 Rest of Middle East & Africa
12. Isoprene Market - Entropy
12.1 New product launches
12.2 M&A s, collaborations, JVs and partnerships
13. Isoprene Market - Industry / Segment Competition landscape Premium
13.1 Market Share Analysis
13.1.1 Market Share by Country- Top companies
13.1.2 Market Share by Region- Top 10 companies
13.1.3 Market Share by type of Application - Top 10 companies
13.1.4 Market Share by type of Product / Product category- Top 10 companies
13.1.5 Market Share at global level - Top 10 companies
13.1.6 Best Practises for companies
14. Isoprene Market - Key Company List by Country Premium
15. Isoprene Market Company Analysis
15.1 Market Share, Company Revenue, Products, M&A, Developments
15.2 Braskem S.A.
15.3 Finetech Industry Ltd
15.4 Fortrec Chemicals & Petroleum Pte Ltd.
15.5 Haihang Industry Co. Ltd.
15.6 JSR Corporation.
15.7 Kuraray Co. Ltd.
15.8 Lyondellbasell Industries N.V.
15.9 Ningbo Jinhai Chenguang
15.10 PJSC Nizhnekamskneftekhim
15.11 Royal Dutch Shell PLC.
15.12 Shandong Yuhuang Chemical Group Co. Ltd.
15.13 Sibur
15.14 The Goodyear Tire & Rubber Company.
15.15 Zeon Corporation
15.16 Company 15
15.17 Company 16 & More
*Financials would be provided on a best efforts basis for private companies
16. Isoprene Market - Appendix
16.1 Abbreviations
16.2 Sources
17. Isoprene Market - Methodology
17.1 Research Methodology
17.1.1 Company Expert Interviews
17.1.2 Industry Databases
17.1.3 Associations
17.1.4 Company News
17.1.5 Company Annual Reports
17.1.6 Application Trends
17.1.7 New Products and Product database
17.1.8 Company Transcripts
17.1.9 R&D Trends
17.1.10 Key Opinion Leaders Interviews
17.1.11 Supply and Demand Trends

LIST OF TABLES

1.Global Isoprene Market By Type Market 2019-2024 ($M)
1.1 Polymerization Grade Market 2019-2024 ($M) - Global Industry Research
1.2 Chemical Grade Market 2019-2024 ($M) - Global Industry Research
2.Global Isoprene Market By End-Use Industry Market 2019-2024 ($M)
2.1 Tires Market 2019-2024 ($M) - Global Industry Research
2.2 Adhesives Market 2019-2024 ($M) - Global Industry Research
2.3 Non-Tire Market 2019-2024 ($M) - Global Industry Research
3.Global Isoprene Market By Type Market 2019-2024 (Volume/Units)
3.1 Polymerization Grade Market 2019-2024 (Volume/Units) - Global Industry Research
3.2 Chemical Grade Market 2019-2024 (Volume/Units) - Global Industry Research
4.Global Isoprene Market By End-Use Industry Market 2019-2024 (Volume/Units)
4.1 Tires Market 2019-2024 (Volume/Units) - Global Industry Research
4.2 Adhesives Market 2019-2024 (Volume/Units) - Global Industry Research
4.3 Non-Tire Market 2019-2024 (Volume/Units) - Global Industry Research
5.North America Isoprene Market By Type Market 2019-2024 ($M)
5.1 Polymerization Grade Market 2019-2024 ($M) - Regional Industry Research
5.2 Chemical Grade Market 2019-2024 ($M) - Regional Industry Research
6.North America Isoprene Market By End-Use Industry Market 2019-2024 ($M)
6.1 Tires Market 2019-2024 ($M) - Regional Industry Research
6.2 Adhesives Market 2019-2024 ($M) - Regional Industry Research
6.3 Non-Tire Market 2019-2024 ($M) - Regional Industry Research
7.South America Isoprene Market By Type Market 2019-2024 ($M)
7.1 Polymerization Grade Market 2019-2024 ($M) - Regional Industry Research
7.2 Chemical Grade Market 2019-2024 ($M) - Regional Industry Research
8.South America Isoprene Market By End-Use Industry Market 2019-2024 ($M)
8.1 Tires Market 2019-2024 ($M) - Regional Industry Research
8.2 Adhesives Market 2019-2024 ($M) - Regional Industry Research
8.3 Non-Tire Market 2019-2024 ($M) - Regional Industry Research
9.Europe Isoprene Market By Type Market 2019-2024 ($M)
9.1 Polymerization Grade Market 2019-2024 ($M) - Regional Industry Research
9.2 Chemical Grade Market 2019-2024 ($M) - Regional Industry Research
10.Europe Isoprene Market By End-Use Industry Market 2019-2024 ($M)
10.1 Tires Market 2019-2024 ($M) - Regional Industry Research
10.2 Adhesives Market 2019-2024 ($M) - Regional Industry Research
10.3 Non-Tire Market 2019-2024 ($M) - Regional Industry Research
11.APAC Isoprene Market By Type Market 2019-2024 ($M)
11.1 Polymerization Grade Market 2019-2024 ($M) - Regional Industry Research
11.2 Chemical Grade Market 2019-2024 ($M) - Regional Industry Research
12.APAC Isoprene Market By End-Use Industry Market 2019-2024 ($M)
12.1 Tires Market 2019-2024 ($M) - Regional Industry Research
12.2 Adhesives Market 2019-2024 ($M) - Regional Industry Research
12.3 Non-Tire Market 2019-2024 ($M) - Regional Industry Research
13.MENA Isoprene Market By Type Market 2019-2024 ($M)
13.1 Polymerization Grade Market 2019-2024 ($M) - Regional Industry Research
13.2 Chemical Grade Market 2019-2024 ($M) - Regional Industry Research
14.MENA Isoprene Market By End-Use Industry Market 2019-2024 ($M)
14.1 Tires Market 2019-2024 ($M) - Regional Industry Research
14.2 Adhesives Market 2019-2024 ($M) - Regional Industry Research
14.3 Non-Tire Market 2019-2024 ($M) - Regional Industry Research

LIST OF FIGURES

1.US Isoprene Market Revenue, 2019-2024 ($M)
2.Canada Isoprene Market Revenue, 2019-2024 ($M)
3.Mexico Isoprene Market Revenue, 2019-2024 ($M)
4.Brazil Isoprene Market Revenue, 2019-2024 ($M)
5.Argentina Isoprene Market Revenue, 2019-2024 ($M)
6.Peru Isoprene Market Revenue, 2019-2024 ($M)
7.Colombia Isoprene Market Revenue, 2019-2024 ($M)
8.Chile Isoprene Market Revenue, 2019-2024 ($M)
9.Rest of South America Isoprene Market Revenue, 2019-2024 ($M)
10.UK Isoprene Market Revenue, 2019-2024 ($M)
11.Germany Isoprene Market Revenue, 2019-2024 ($M)
12.France Isoprene Market Revenue, 2019-2024 ($M)
13.Italy Isoprene Market Revenue, 2019-2024 ($M)
14.Spain Isoprene Market Revenue, 2019-2024 ($M)
15.Rest of Europe Isoprene Market Revenue, 2019-2024 ($M)
16.China Isoprene Market Revenue, 2019-2024 ($M)
17.India Isoprene Market Revenue, 2019-2024 ($M)
18.Japan Isoprene Market Revenue, 2019-2024 ($M)
19.South Korea Isoprene Market Revenue, 2019-2024 ($M)
20.South Africa Isoprene Market Revenue, 2019-2024 ($M)
21.North America Isoprene By Application
22.South America Isoprene By Application
23.Europe Isoprene By Application
24.APAC Isoprene By Application
25.MENA Isoprene By Application
26.Sibur, Sales /Revenue, 2015-2018 ($Mn/$Bn)
27.PJSC Nizhnekamskneftekhim, Sales /Revenue, 2015-2018 ($Mn/$Bn)
28.The Goodyear Tire & Rubber Company., Sales /Revenue, 2015-2018 ($Mn/$Bn)
29.Royal Dutch Shell PLC., Sales /Revenue, 2015-2018 ($Mn/$Bn)
30.Lyondellbasell Industries N.V., Sales /Revenue, 2015-2018 ($Mn/$Bn)
31.Zeon Corporation, Sales /Revenue, 2015-2018 ($Mn/$Bn)
32.Kuraray Co. Ltd., Sales /Revenue, 2015-2018 ($Mn/$Bn)
33.Ningbo Jinhai Chenguang, Sales /Revenue, 2015-2018 ($Mn/$Bn)
34.Shandong Yuhuang Chemical Group Co. Ltd., Sales /Revenue, 2015-2018 ($Mn/$Bn)
35.Finetech Industry Ltd, Sales /Revenue, 2015-2018 ($Mn/$Bn)
36.Haihang Industry Co. Ltd., Sales /Revenue, 2015-2018 ($Mn/$Bn)
37.Fortrec Chemicals & Petroleum Pte Ltd., Sales /Revenue, 2015-2018 ($Mn/$Bn)
38.Braskem S.A., Sales /Revenue, 2015-2018 ($Mn/$Bn)
39.JSR Corporation., Sales /Revenue, 2015-2018 ($Mn/$Bn)