Isoprene Market Expected to Grow at a CAGR of 7.4% to Hit $2.96 Billion to 2021

The isoprene market was valued at $1.93 Billion in 2015, and is projected to reach $2.96 Billion by 2021, at a CAGR of 7.4% from 2016 to 2021.

Download your sample copy of isoprene market research report @
http://www.rnrmarketresearch.com/contacts/request-sample?rname=971521
Isoprene is used in several end-use industries, such as tires, non-tires, adhesives, and other industries. The increasing usage of synthetic rubber in these industries is expected to drive the isoprene market.
Based on type, the isoprene market is segmented into polymer grade and chemical grade. Polymer grade is the most widely used isoprene type. This type of isoprene is used in different applications due to its properties similar to natural rubber. Also, it has more consistency than natural rubber in strength, cure rate, processing, mixing, and molding.
The companies profiled in the isoprene market research report are Nizhnekamskneftekhim (Russia), SIBUR (Russia), The Goodyear Tire & Rubber Company (U.S.), Royal Dutch Shell Plc (Netherlands), Kuraray Co. Ltd. (Japan), ZEON Corporation (Japan), LyondellBasell Industries N.V.(U.S.), JSR Corporation (Japan), Ningbo Jinhai Chenguang (China), Shandong Yuhuang Chemical Group Co. Ltd. (China), Finetech Industry Ltd. (U.K.), Haihang Industry Co. Ltd.(China), Fortrec Chemicals and Petroleum Pte Ltd.(Singapore), and Braskem (Brazil).
Browse complete report on Isoprene Market by Type (Polymer grade, Chemical grade), Application (Polyisoprene, Styrene isoprene styrene, Isobutyl isoprene rubber), End-Use Industry (Tires, Non-tires, Adhesives), and Region - Global Forecast to 2021 with 162 pages, Now available at
http://www.rnrmarketresearch.com/isoprene-market-by-type-polymer-grade-chemical-grade-application-polyisoprene-styrene-isoprene-styrene-isobutyl-isoprene-rubber-end-use-industry-tires-non-tires-adhesives-and-region-global-forecast-to-2021-market-report.html

The break-up of primary interviews is given below:
• By Company Type - Tier 1 – 30%, Tier 2 – 43%, and Tier 3 – 27%
• By Designation - C level – 21%, D level – 23%, and Others – 56%
• By Region - North America – 30%, Europe – 18%, Asia-Pacific– 41%, and RoW- 11%
Research Coverage:
In terms of application, polyisoprene accounted for the largest share of the isoprene market in 2015, due to its usage in tire & other rubber industries. The isoprene market in polyisoprene is expected to increase due to polyisoprene’s consistency in terms of strength, cure rate, processing, mixing, and molding as compared to natural rubber.

Access complete report on Isoprene Market @
http://www.rnrmarketresearch.com/contacts/purchase?rname=971521

Rising use of polyisoprene application in the tire industry has led to increase in demand for isoprene, globally. Increasing focus on low-rolling resistance tires to improve the fuel efficiency is further expected to fuel the isoprene market during the forecast period.
Key Target Audience:
• Isoprene manufacturers, Dealers, and Suppliers
• Isoprene Manufacturing Plant Developers and Related Service Providers
• Tire Manufacturing Companies
• Large Manufacturing Plant Owners
• Investment Banks
Scope of the Report:
This research report categorizes the isoprene market on the basis of type, application, end-use industry, and region.
On the basis of Type:
• Polymer Grade
• Chemical Grade
On the basis of Application:
• Polyisoprene (IR)
• Styrene-isoprene styrene (SIS)
• Isobutylene-isoprene rubber (IIR)
• Others
On the basis of End-Use Industry:
• Tires
• Non-tires
• Adhesives
• Others
The polymer grade type of isoprene is projected to grow at high CAGR during the forecast period in isoprene market. This type of isoprene is widely used to produce polyisoprene and isobutylene isoprene rubber. In addition, this type of isoprene is also used in other industries such as medical and pharmaceutical packaging and also in products such as rubber bands, footwear, cut thread, baby bottle nipples, hoses, and conveyor belts.

RnRMarketResearch.com is your single source for all market research needs. Our database includes 100,000+ market research reports from over 95 leading global publishers & in-depth market research studies of over 5000 micro markets. With comprehensive information about the publishers and the industries for which they publish market research reports, we help you in your purchase decision by mapping your information needs with our huge collection of reports. We provide 24/7 online and offline support to our customers.

Contact:
Ritesh Tiwari
2nd floor, Metropole,
Next to Inox theatre, Bund garden road,
Pune-411001
Maharashtra, India.
sales@rnrmarketresearch.com

This release was published on openPR.