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2025 Projections: Isoprene Rubber Latex Market Report for Kraton Corporation, Kent Elastomer Products, Inc., Puyang Linshi Chemical & New Material Co., Ltd., Kuraray Co., Ltd

09-28-2018 01:48 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: marketstudyreport.com

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2025 Projections: Isoprene Rubber Latex Market Report

MarketStudyReport.com offers 2018 report on global Isoprene Rubber Latex market that evaluates industry growth trends through historical data and estimates future prospects based on comprehensive research. The report extensively provides the market share, growth, trends and forecasts for the period 2018-2025.

Historical data from 2013 is provided for Isoprene Rubber Latex market along with estimates and forecasts to 2025 based on segmentation of Isoprene Rubber Latex industry By Application, By End-user companies and regions. Previous years’ data offers fact-based information on trends and growth graph while the forecasts aim to show an outlook of Isoprene Rubber Latex market for the next few years keeping in mind the advancements happening in the sector.

Coming back to the premium report on structural steel market for 2018-2025, companies profiled in this research include Kraton Corporation, Kent Elastomer Products, Inc., Puyang Linshi Chemical & New Material Co., Ltd., Kuraray Co., Ltd., JSR Corporation

Request a sample of this premium report at: https://www.marketstudyreport.com/request-a-sample/1241496/

Asia Pacific occupied the highest share of the global IRL market in 2017 and this trend will hold sway during the study period. There is a substantial demand for the product in Malaysia and China owing to high rate of medical glove and condom production in these countries. North America isoprene rubber latex industry growth rate will exceed 6% CAGR during the study period. Condom and adhesive production have been the key aspects driving the regions IRL industry.

Escalating condom demand around the globe will be a major contributor for the IRL market growth till 2025. The product is employed in manufacturing condoms and other thin-walled elastic products for the consumer and healthcare industries. Developing countries, such as India, China, Brazil, etc. have witnessed a steep rise in condom usage in recent years. This can be attributed to greater awareness among people about sexually transmitted diseases as well as efforts by various governmental and non-governmental organizations to control the expanding population. These trends will stimulate isoprene rubber latex industry growth in the forecast years.

Condoms, medical gloves, medical balloons & catheters, and adhesives are the key application segments in the isoprene rubber latex market. Medical glove segment will dominate the overall IRL industry over the forecast years. The product?s high clarity and purity have been the main reasons behind their usage for this application. Condoms are another key application for the product and this segment will witness gains above 6% CAGR in forecast years.

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IRL is also extensively used in manufacturing medical supplies such as gloves, balloons, catheters, tube connectors, and many more. The global healthcare industry revenue was registered above USD 1.5 trillion in 2017 and this revenue will further increase in the forecast years. This will boost medical supplies demand and eventually drive the isoprene rubber latex market. However, the product will also witness sharp competition from other synthetic latex materials such as vinyl, nitrile, etc. This may hamper the industry growth to a certain extent.

Table of Content:

Chapter 1. Methodology
Chapter 2. Executive Summary
Chapter 3. Isoprene Rubber Latex Industry Insights
Chapter 4. Isoprene Rubber Latex Market, By Application
Chapter 5. Isoprene Rubber Latex Market, By End-user
Chapter 6. Isoprene Rubber Latex Market, By Region
Chapter 7. Company Profiles.

Complete report at: https://www.marketstudyreport.com/reports/isoprene-rubber-latex-irl-market

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