Press release
Polyisoprene Market Trends, Challenges & Strategies, Growth Forecast to 2031
Polyisoprene Market
Prime determinants of growth-
Rise in demand for elastomers in the automotive, industrial, footwear, and medical industries drive the growth of the global polyisoprene market. Moreover, increase in usage of polyisoprene in surgical gloves has supplemented the growth yet more. Simultaneously, several growth prospects in the developing and developed economies have also been favorable for the industry.
Download Sample of Report: https://www.alliedmarketresearch.com/request-sample/17322
Key players in the industry-
Haihang Industry Co., Ltd.
Kent elastomer products
Shell
Dupont, Kuraray Co., Ltd.
SIBUR
The Goodyear Tire & Rubber Company
Exxon Mobil Corporation
Covid-19 scenario-
Temporary disruptions in the automotive industry, during the global health crisis, impacted the global polyisoprene market negatively, especially during the initial period.
The supply-demand gap worsened the scenario even more. However, the market is recovering at a fast pace.
The natural rubber segment to dominate by 2031-
By type, the natural rubber segment contributed to the major share in 2021, holding more than half of the global polyisoprene market. This is due to surge in demand for latex products, such as catheters, gloves, and belts. The synthetic rubber segment, however, would cite the fastest CAGR of 5.63% during the forecast period. Increasing demand for synthetic rubber polyisoprene from the automotive industry will boost the market growth. Properties such as abrasion and temperature resistance make artificial rubber a preferred choice in the automotive industry.
Have Any Query? Ask Our Expert : https://www.alliedmarketresearch.com/purchase-enquiry/17322
The tires & related products segment to maintain the lion's share-
By application, the tires & related products segment accounted for the major share in 2021, holding more than half of the global polyisoprene market. This is attributed to the rising demand for tires. The latex segment, on the other hand, is expected to grow at the fastest CAGR of 6.22% from 2022 to 2031. Growing product usage in the healthcare, coatings and adhesive sectors is expected to stimulate polyisoprene demand for the production of latex for medical gloves, thus driving the market growth.
Europe garnered the major share in 2020-
By region, the market across Europe had the lion's share in 2021, generating more than half of the global polyisoprene market, owing to the presence of a well-established automotive sector in the region. Asia-Pacific, nonetheless, is projected to portray the fastest CAGR of 6.18% by 2031. This is due to rise in the consumption in the healthcare, coatings, and adhesive industries and increase in the research and development activities in this province.
To Purchase this Premium Report: https://www.alliedmarketresearch.com/polyisoprene-market/purchase-options
More Related Reports:
Rubber process oil market : https://www.alliedmarketresearch.com/rubber-process-oil-market
China Nitrile Butadiene Rubber Market : https://www.alliedmarketresearch.com/china-nitrile-butadiene-rubber-market
Rubber Additives Market : https://www.alliedmarketresearch.com/rubber-additives-market-A07336
Check Complete Report Details of market: https://www.alliedmarketresearch.com/polyisoprene-market-A16944
Contact:
David Correa
United States
1209 Orange Street,
Corporation Trust Center,
Wilmington, New Castle,
Delaware 19801 USA.
Int'l: +1-503-894-6022
Toll Free: +1-800-792-5285
Fax: +1-800-792-5285
help@alliedmarketresearch.com
Web: www.alliedmarketresearch.com
Allied Market Research Blog: https://blog.alliedmarketresearch.com
Follow Us on | Facebook | LinkedIn | YouTube |
About Us
Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.
We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Allied Market Research CEO Pawan Kumar is instrumental in inspiring and encouraging everyone associated with the company to maintain high quality of data and help clients in every way possible to achieve success. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.
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 Polyisoprene Market Trends, Challenges & Strategies, Growth Forecast to 2031 here
News-ID: 3227533 • Views: …
More Releases from Allied Market Research
Global Urinary Drainage Bags Market: Trends, Growth, and Insights to 2031
The global urinary drainage bags market is experiencing robust growth, with its market size valued at $1.4billion in 2021 and projected to reach $2billion by 2031. This expansion represents a compound annual growth rate (CAGR) of 3.8% from 2021 to 2031, highlighting the increasing demand for these essential medical devices.
Get a Sample Copy of this Report: https://www.alliedmarketresearch.com/request-sample/A17529
What Are Urinary Drainage Bags?
Urinary drainage bags are specialized medical devices designed to collect…
Cream Powder Market to Reach $8.9 Billion by 2031 with 6.4% CAGR
The global cream powder industry was estimated at $4.8 billion in 2021 and is expected to hit $8.9 billion by 2031, registering a CAGR of 6.4% from 2022 to 2031.
The cream powder market is experiencing growth due to various factors, including the increasing popularity of bakeries and HoReCa (hotels, restaurants, and cafes) and rising consumer demand for natural products. The dairy-based segment is a significant contributor to the market's growth…
Micro Drone Market Valued at $6.71 Billion in 2020, Expected to Reach $28.91 Bil …
The global micro drone industry generated $6.71 billion in 2020, and is expected to reach $28.91 billion in 2030, witnessing a CAGR of 17.2% from 2021 to 2030. The report provides an extensive analysis of changing market dynamics, top segments, top investment pockets, regional landscape, value chain, and competitive scenario.
Increased operational efficiency and rise in demand for improved surveillance drive the growth of the global micro drone market. However, strict…
Microwavable Foods Market to reach $230.93 billion by 2031, growing at a CAGR of …
The global microwaveable foods industry was accounted for $120.45 billion in 2020, and is expected to reach $230.93 billion by 2031, growing at a CAGR of 5.6% from 2022 to 2031.
Rise in popularity of fast-food restaurants and large population base coupled with increase in number of quick-service restaurants drive the global microwaveable foods market. However, lack of awareness about microwavable foods hinders the market growth. On the contrary, rise in…
More Releases for Rubber
Stationery Rubber Bands Market Size Set for Rapid Growth and Trend by 2030 | Dyk …
Global "Stationery Rubber Bands Market" Research report is an in-depth study of the market Analysis. Along with the most recent patterns and figures that uncovers a wide examination of the market offer. This report provides exhaustive coverage on geographical segmentation, latest demand scope, growth rate analysis with industry revenue and CAGR status. While emphasizing the key driving and restraining forces for this market, the report also offers a complete study…
Rubber Mulch Market Promising Regions for Companies in 2023 | Rubber Mulch Produ …
The global Rubber Mulch market is thoroughly researched in this report, noting important aspects like market competition, global and regional growth, market segmentation, and market structure. Our team of analysts has employed the latest research tools and techniques to estimate the size of the Rubber Mulch market in terms of both value and volume. Furthermore, this report includes detailed estimates for market share, revenue, production, consumption, gross profit margin, CAGR…
Reclaimed Rubber and Rubber Powder Market to Witness Huge Growth by Key Players: …
The Reclaimed Rubber and Rubber Powder report compiles the market information depending upon market development and growth factors, optimizing the growth path. In addition, it highlights the strategies and market share of the leading vendors in the particular market. The report follows a robust research methodology model that helps to make informed decisions. It obtains both qualitative and quantitative market information supported by primary research.
The Reclaimed Rubber and Rubber Powder…
Pakistan Rubber Tyre Market : Pneumatic Rubber Tyre, Retreaded Rubber Tyre, Cush …
According to a recent report published by Allied Market Research, titled, "Pakistan rubber tyre Market by Tyre, Component, Design, and Vehicle Type: Opportunity Analysis and Industry Forecast, 2018 - 2025," Pakistan rubber tyre market size was valued at $272.10 million in 2017, and is projected to reach $1,592.90 million by 2025, registering a CAGR of 24.8% from 2018 to 2025. The radial type design segment was the highest contributor to…
Pakistan Rubber Tyre Market : Pneumatic Rubber Tyre, Retreaded Rubber Tyre, Cush …
The global Pakistan rubber tyre market size was valued at $272.10 million in 2017, and is projected to reach $1,592.90 million by 2025, registering a CAGR of 24.8% from 2018 to 2025. The radial type by design segment was the highest revenue contributor in 2017, accounting for $207.7 million, and is estimated to reach $1,196.4 million by 2025, registering a CAGR of 24.6% during the forecast period.
Download Sample Report at…
Pakistan Rubber Tyre Market : Pneumatic Rubber Tyre, Retreaded Rubber Tyre, Cush …
According to a recent report published by Allied Market Research, titled, "Pakistan rubber tyre Market by Tyre, Component, Design, and Vehicle Type: Opportunity Analysis and Industry Forecast, 2018 - 2025," Pakistan rubber tyre market size was valued at $272.10 million in 2017, and is projected to reach $1,592.90 million by 2025, registering a CAGR of 24.8% from 2018 to 2025. The radial type design segment was the highest contributor to…
