Bio-based Isoprene Market SWOT Analysis Of Top Key Player Forecasts To 2024

Global Bio-based Isoprene Market: Outline

Isoprene with formula C5H8 is a colorless volatile liquid produced by various plants. Many trees and plants such as poplars, oaks, legumes and eucalyptus emit isoprene into the atmosphere. Isoprene is also known as 2-methyl-1, 3-butadiene which is used as a chemical raw material. It is used as a starting material for a host of synthetic polymers, especially synthetic rubbers. A very small proportion of bio-based isoprene is used in the production of fragrance intermediates and flavors. Isoprene along with other unsaturated compounds is used to manufacture polymeric materials.

Isoprene is produced naturally from plants through methyl-erythritol 4-phosphate pathway i.e. MEP pathway in the chloroplasts of trees and plants. One among the two end products of this pathway such as dimethylallyl diphosphate (DMADP) forms isoprene by the catalytic reaction by isoprene synthase. Through industrial process, isoprene was isolated from natural rubber by thermal decomposition. Industrially, it is readily available as a byproduct of thermal cracking of oil or naphtha as a side product in the ethylene production. Major fraction of isoprene produced worldwide is converted into polyisoprene. It is produced mainly from the petroleum derived feedstocks leading to inherent risk of volatility in prices and demand of oil. Moreover, it is expensive and environment unfriendly. These factors led to the use of bio-based products to manufacture isoprene.

View Report @ http://www.transparencymarketresearch.com/bio-based-isoprene-market.html

Global Bio-based Isoprene Market: Trends and Opportunities

Rising interest is seen in the production of isoprene from the genetically engineered micro-organisms. This new technology increases the fermentative capabilities of micro-organisms through a process of genetically engineering DNA. This process improves enzyme activity leading to increased yield of isoprene. This technology has huge potential in the market for manufacturing bio-based isoprene. Bio-based isoprene has applications in various end-user industries. It is used in the production of footwear, medical appliances, mechanical instruments and sporting goods. The major application of bio-based isoprene is in manufacturing rubber tires. It is also used in manufacturing various adhesives and elastomers. Surgical gloves such as nitrile, vinyl and latex gloves are also manufactured using bio-based isoprene. Transportation jets and jet fuels also make use of bio-based isoprene for its production.

The growing rubber industry and demand for rubber products is the major driving factor of global bio-based isoprene market. The rising awareness for environmental friendly products is also expected to boost demand for bio-based isoprene for a host of applications.

Global Bio-based Isoprene Market: Regional Outlook

North America, Europe, Asia Pacific and Rest of the World (RoW) are the key segments for global bio-based isoprene market. Asia Pacific, especially China and Latin America is the expected to fuel demand for bio-based isoprene due to large number of rubber industries in the region. North America and Europe are also expected to boost demand for bio-based isoprene for various applications such as adhesives and elastomers among others.

Global Bio-based Isoprene Market: Key Players Mentioned in the Report

The major companies profiled for global bio-based isoprene include: DuPont, Amyris, Good year Tire and Rubber Company, Genencor, Michelin, BioXcell, Ajinomoto Co. Inc, Bridgestone Corporation, PolymerOhio Inc, GlycosBio and Danisco among others. Companies into manufacture of bio-based isoprene have altered various enzymes in the biosynthetic pathway to enhance both the yield of isoprene and the rate of production. Technological advancements along with changes in the enzymatic pathways have improved the quantity and efficiency of isoprene and have reduced the production of by-products DuPont developed an innovative fermentation process for producing bio-based isoprene monomers from biomass using metabolically engineered E. coli strains.
The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.

Get accurate market forecast and analysis on the Bio-based Isoprene Market Request a sample to stay abreast on the key trends impacting this market.
http://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=17033

The study is a source of reliable data on:

Market segments and sub-segments
Market trends and dynamics
Supply and demand
Market size
Current trends/opportunities/challenges
Competitive landscape
Technological breakthroughs
Value chain and stakeholder analysis

The regional analysis covers:

North America (U.S. and Canada)
Latin America (Mexico, Brazil, Peru, Chile, and others)
Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
Eastern Europe (Poland and Russia)
Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
Middle East and Africa (GCC, Southern Africa, and North Africa)

The report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases). The report also features a complete qualitative and quantitative assessment by analyzing data gathered from industry analysts and market participants across key points in the industry’s value chain.

A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the report projects the attractiveness of each major segment over the forecast period.

Highlights of the report:

A complete backdrop analysis, which includes an assessment of the parent market
Important changes in market dynamics
Market segmentation up to the second or third level
Historical, current, and projected size of the market from the standpoint of both value and volume
Reporting and evaluation of recent industry developments
Market shares and strategies of key players
Emerging niche segments and regional markets
An objective assessment of the trajectory of the market
Recommendations to companies for strengthening their foothold in the market

About Us

Transparency Market Research (TMR) is a market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants, use proprietary data sources and various tools and techniques to gather, and analyze information. Our business offerings represent the latest and the most reliable information indispensable for businesses to sustain a competitive edge.

Each TMR syndicated research report covers a different sector – such as pharmaceuticals, chemicals, energy, food & beverages, semiconductors, med-devices, consumer goods and technology. These reports provide in-depth analysis and deep segmentation to possible micro levels. With wider scope and stratified research methodology, TMR’s syndicated reports strive to provide clients to serve their overall research requirement.

US Office Contact
90 State Street, Suite 700
Albany, NY 12207
Tel: +1-518-618-1030
USA – Canada Toll Free: 866-552-3453
Email: sales@transparencymarketresearch.com
Website: http://www.transparencymarketresearch.com

This release was published on openPR.