Press release
Synthetic Polyisoprene Market Estimated to Experience a Hike in Growth by 2021-2031 | Kurarray Co., Ltd., Goodyear Tire & Rubber Company, JSR Corporation, Zeon Corporation
Synthetic Polyisoprene Market
Synthetic polyisoprene is a polymer that is used in many products, including tires, conveyor belts, and hoses. It is made from a synthetic monomer called isoprene, which is derived from petroleum. Synthetic polyisoprene has many of the same properties as natural rubber, but it is more resistant to heat and chemicals.
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Key Trends
There are three key trends in synthetic polyisoprene technology:
1. The use of renewable resources: Polyisoprene can be made from renewable resources such as soybean oil and sugar cane. This is important because it reduces the reliance on fossil fuels, which are a limited resource.
2. The use of recycled materials: Polyisoprene can be made from recycled materials such as tires. This is important because it reduces the amount of waste that goes into landfills.
3. The use of biodegradable materials: Polyisoprene can be made from biodegradable materials such as corn starch. This is important because it reduces the impact on the environment.
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Key Drivers
The key drivers of the synthetic polyisoprene market include the growing demand for synthetic rubber from various end-use industries and the increasing use of synthetic polyisoprene in tires.
The synthetic rubber is used in a variety of end-use industries such as automotive, construction, and others. The automotive industry is the largest consumer of synthetic rubber. The synthetic rubber is used in tires, hoses, belts, and other automotive parts.
The construction industry is the second-largest consumer of synthetic rubber. The synthetic rubber is used in construction applications such as seals, gaskets, and adhesives. The other end-use industries that use synthetic rubber include electrical & electronics, aerospace, and others.
The tires are the largest application of synthetic polyisoprene. The synthetic polyisoprene is used in tires due to its excellent physical and chemical properties. The other applications of synthetic polyisoprene include hoses, seals, gaskets, and adhesives.
Market Segments
The Synthetic Polyisoprene Market is segmented by contact, application, end use, and region. By contact, the market is divided into contact and contactless. Based on application, it is bifurcated into medical, tires, belts, adhesives, condoms, and others. On the basis of end use, it is classified into hospitals, clinics, blood & organ banks, teaching hospitals, consumer goods, and others. Region-wise, the market is divided into North America, Europe, Asia-Pacific, and the Rest of the World.
Key Players
The Synthetic Polyisoprene Market includes players such as Kurarray Co., Ltd., Goodyear Tire & Rubber Company, JSR Corporation, Zeon Corporation, Nizhnekamskneftekhim, Hartalega Holdings Berhad, Top Glove Corporation Bhd, Ansell Limited,NUOVA SIMA Srl., and Naikai Salt Industries Co., Ltd.
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Reasons to buy Synthetic Polyisoprene Market Report:
• Develop comprehensive understanding of market landscape - industry structure, value-chain, key players, trends, drivers, and challenges
• Drive revenue and market-entry strategy by gaining insights into which segments and geographies are largest and likely to grow fastest
• Formulate sales and marketing strategies by gaining understanding of competitors, their positioning, and strengths & weaknesses
• Develop business and M&A strategies through understanding of latest trends and emerging players in the market
• Refine your business plans by understanding impact of disruptions such as Covid-19 and Russia-Ukraine conflict on the market
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