Press release
Isoprene Rubber Latex (IRL) Market 2018-2025 Growth & Regional Revenue By Global Players Kraton Corporation Kent Elastomer Products, Inc., Puyang Linshi Chemical & New Material Co., Ltd., Kuraray Asia Pacific Pte. Ltd., JSR Corporation
Growing demand for condoms all over the world will propel the isoprene rubber latex market development. The global condom industry is likely to grow with a CAGR of more than 7% and reach a net worth of about USD 11 billion by 2025. A rise in the condom demand will directly increase product consumption as more than 60% of the condoms are made of latex. Latex condoms are best known for their strength, elasticity, softness, and elongation. Increasing production of condoms will boost product consumption and help the IRL market to grow in the forecast period.Condoms are a key application segment in the IRL market which is likely to gain by a CAGR of more than 6% in the forecast period. Increasing latex condoms demand coupled with increasing instances of allergic reactions towards natural rubber latex condoms will propel the isoprene rubber latex’s condom application segment’s industry development.
Sample copy of this report @
https://www.gminsights.com/request-sample/detail/2880
Consumer products is an important end-user segment in the isoprene rubber latex market which is likely to register a revenue exceeding USD 55 million by 2025. Condoms, footwear, and baby nipples are some of the consumer products which are manufactured using IRL. Increasing production of condoms in the Asia Pacific region will propel the consumer product category’s market development.
Isoprene rubber latex (IRL) market research report includes in-depth coverage of the industry with estimates & forecast in terms of volume in tons and revenue in USD thousand from 2014 to 2025, for the following segments:
Isoprene Rubber Latex (IRL) Market by Application
• Medical gloves
• Medical balloons & catheters
• Condoms
• Adhesives
• Others
Isoprene Rubber Latex (IRL) Market by End-user
• Medical
• Consumer products
• Industrial
Browse Report Summary @
https://www.gminsights.com/industry-analysis/isoprene-rubber-latex-irl-market
The Asia Pacific region will exhibit a significant demand for condoms in the future driven by a rapidly rising population and the increasing instances of Sexually Transmitted Diseases (STD). The global population was recorded at 7.6 billion in 2018, out of which China has the largest share of 1.4 billion, closely followed by India with 1.3 billion.
Company profiled in this report based on Business overview, Financial data, Product landscape, Strategic outlook & SWOT analysis:
1. Kraton Corporation
2. Kent Elastomer Products, Inc.
3. Puyang Linshi Chemical & New Material Co., Ltd.
4. Kuraray Asia Pacific Pte. Ltd.
5. JSR Corporation
The governments of both these countries are taking steps to control their respective population by promoting the use of contraceptives. China and Malaysia are key condom manufacturing countries in the Asia Pacific region. Karex, based in Malaysia, is one of the largest condom manufacturing companies in the world which produced about 5 billion condoms in 2015, accounting for more than 15% of the global production. This high production rate of condoms in Asia Pacific will propel the isoprene rubber latex market development in the forecast years.
Europe is a key IRL market which is likely to gain by a CAGR of around 5.5% in the forecast period. The presence of large condom manufacturing countries such as UK, Germany, France, etc. will propel the regional isoprene rubber market development. Increasing production of medical supplies in Europe will also contribute towards the product industry development in the forecast years.
Make an inquiry for purchasing this report @
https://www.gminsights.com/inquiry-before-buying/2880
There are limited number of companies that manufacture isoprene rubber latex and there are ample opportunities for new players to enter the competition. The manufacturers of IRL include Kraton, Kuraray, JSR Corporation, Kent Elastomers, and Puyang Linshi Chemical. New market entrants will have to compete with these existing players in terms of cost and economies of scale.
About Global Market Insights
Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.
Contact Us
Contact Person: Arun Hegde
Corporate Sales, USA
Global Market Insights, Inc.
Phone: 1-302-846-7766
Toll Free: 1 888-689-0688
Email: sales@gminsights.com
Web: https://www.gminsights.com
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Isoprene Rubber Latex (IRL) Market 2018-2025 Growth & Regional Revenue By Global Players Kraton Corporation Kent Elastomer Products, Inc., Puyang Linshi Chemical & New Material Co., Ltd., Kuraray Asia Pacific Pte. Ltd., JSR Corporation here
News-ID: 1637655 • Views: …
More Releases from Global Market Insights
Acoustic Diaphragm Market slated to observe traction for polypropylene material …
With a seismic rise in the demand for consumer products such a loudspeakers, mobile phones and earphones, acoustic diaphragm market size is slated to surge in the next five years. Notably, acoustic diaphragm tends to inter-convert mechanical vibration to sounds and has become highly popular in headphones and speakers.
Market penetration of materials such as paper, polycarbonate, polypropylene, carbon fiber and aluminum has become more pronounced in the past several…
How will increasing demand for stainless steel transform the Ferroalloys Market …
One of the recent breakthroughs in the global ferroalloys market is the potential acquisition of Ferro Alloys Corporation by Vedanta- a natural resource company early this year. As per reliable sources, the acquisition is expected to complement Vedanta’s current steel business considering the fact that integration of Ferro manufacturing capabilities would offer the possibility to generate significant efficiencies.
Meanwhile, yet other company, Boston Metal has declared having raised over USD 20…
Polyphenylsulfone Market 2021 | Regional Insights & Growth Forecast To 2025
The polyphenylsulfone market will witness significant expansion with the rise in healthcare concerns and the growing requirement for biocompatible products. Polyphenylsulfone is a high-performance thermoplastic that is amorphous, heat-resistant, and transparent. It showcases high sterilization properties and is widely employed as an alternative for polyetheretheketone and polyaryletherketone. Furthermore, the polymer sees large adoption across various verticals of the healthcare sector to offer superior dimensional stability and higher resistance against…
Cosmetic Contact Lens Market 2021: Industry Growth, Competitive Analysis, Future …
Increasing trend of using colored contact lenses may have a positive impact on cosmetic contact lens market outlook. Rising popularity of customized lenses with attractive colors, shades and textures for improving eye appearance is likely to propel industry size. Proliferation of entertainment, online and social media platforms are helping boost the adoption of such lenses.
Cosmetic contact lenses are available in several colors such as blue, green, brown, hazel, grey, violet…
More Releases for IRL
Isoprene Rubber Latex (IRL) Market to Discern Magnified Growth During 2026
Global Isoprene Rubber Latex (IRL) Market: Overview
The rising usage of medical gloves will be the major factor boosting growth of the global isoprene rubber latex (IRL) market in coming years. The products are used as a substitute to natural rubber latex in the production of medical gloves. This can be another factor supporting growth of isoprene rubber latex (IRL) market.
On the basis of application, medical glove application segment likely to…
How Luxy’s AI Algorithm Helps Support Dating IRL - 100% Match Rate
Endless swiping but barely matches or conversations on dating apps? Luxy buries that with the launch of its new feature 'Prime Picks' to ensure its singles have more possibilities to come in contact with matching people as pandemic restrictions continue to be lifted.
Luxy supporting government as pandemic restrictions lifted
As local state governments and authorities encouraged its people to meet in real life again by tearing down restrictions, a lot of…
Isoprene Rubber Latex (IRL) Market Size To Witness High Growth In Near Future
Growing demand for condoms all over the world will propel the isoprene rubber latex market development. The global condom industry is likely to grow with a CAGR of more than 7% and reach a net worth of about USD 11 billion by 2025. A rise in the condom demand will directly increase product consumption as more than 60% of the condoms are made of latex. Latex condoms are best known…
Isoprene Rubber Latex (IRL) Market Report – Key Players, Industry Overview And …
Global Isoprene Rubber Latex (IRL) Market: Overview
The rising usage of medical gloves will be the major factor boosting growth of the global isoprene rubber latex (IRL) market in coming years. The products are used as a substitute to natural rubber latex in the production of medical gloves. This can be another factor supporting growth of isoprene rubber latex (IRL) market.
On the basis of application, medical glove application segment likely to…
Key players in the automotive telematics market are Teletrac Inc., Fleetmatics I …
Automotive Telematics comprises of telecommunication and informatics, which includes anything from GPS to navigation systems for automatic roadside assistance and remote diagnostics. Automotive telematics works on various technologies namely GPS, digital radio modules, GPRS/CDMA, human-machine interface and high-performance multimedia processor. Increased safety awareness, technological advancement and the need for safety measures are driving the growth of the automotive telematics market. Also, government regulations regarding accidents and safety of road transportation…
Telematics In Automotive Market is Booming Worldwide | Digicore Technology, ID S …
HTF MI recently introduced Global Telematics In Automotive Market study with in-depth overview, describing about the Product / Industry Scope and elaborates market outlook and status to 2023. The market Study is segmented by key regions which is accelerating the marketization. At present, the market is developing its presence and some of the key players from the complete study are Digicore Technology Pvt (India), ID Systems Inc (U.S.), FleetMatics Irl…
