Isoprene Industry 2017 Market Research Report is an expert and top to bottom investigation on the momentum condition of the Isoprene industry. The report gives an essential review of the business including definitions, orders, applications and industry chain structure.
Pune, India -- (SBWIRE) -- 03/14/2018 -- The global isoprene market accounted for USD 2.10billion in 2016 and is projected to grow at a CAGR of 7.5% during the forecast period of 2017 to 2024. The upcoming market report contains data for historic years 2014, 2015, the base year of calculation is 2016 and the forecast period is 2017 to 2024.
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Market Definition: Global Isoprene Market
Isoprene is a common organic compound. In its pure form it is a colorless volatile liquid. Isoprene is produced by many plants, and its polymers are the main components of natural rubber. There is a growing demand for isoprene in tires, adhesives and industrial rubber activities, which is expected to be one of the major drivers of the market over the next seven years.
Global Isoprene Market, By Type (Polymerization, Chemical) By Application (Polyisoprene, Styrene-isoprene styrene, Isobutylene-isoprene rubber, Specialty Chemicals)By End-user (Tires, Adhesives, Industrial rubber) – Industry Trends and Forecast to 2024
Complete report on Global Isoprene Market Research Report 2017-2024 spread across 350 Pages, profiling Top companies and supports with tables and figures
Key Questions Answered in Global Isoprene Market Report:-
Our Report offers:-
- What will the market growth rate, Overview and Analysis by Type of Global Isoprene Market in 2024?
- What are the key factors driving, Analysis by Applications and Countries Global Isoprene Market?
- What are Dynamics, This Overview Includes Analysis of Scope, and price analysis of top Vendors Profiles of Global Isoprene Market?
- Who are Opportunities, Risk and Driving Force of Global Isoprene Market?
- Who are the opportunities and threats faced by the vendors in Global Isoprene Market? Business Overview by Type, Applications, Gross Margin and Market Share
- What are the Global Isoprene Market opportunities, market risk and market overview of the Market?
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Top Key Players:
- Royal Dutch Shell Plc.
- The Goodyear Tire and Rubber Company
- SIBUR
- LyondellBasell Industries Holdings B.V.
- Finetech Industries Ltd.
- Kuraray Co. Ltd.
- ZEON Corporation
- Ningbo JinhaiChenguang Chemical Corporation
- ExxonMobil Corporation
- Shandong Yuhuang Chemical Co.,Ltd
- Haihang Industry Co., Ltd.
- Fortrec Chemicals and Petroleum Pte Ltd.
- Braskem
- Zibo LuhuaHongj in New Material Co., Ltd.
- Chevron Phillips Chemical Company
- and many more.
Major Market Drivers:
- Growing demand for synthetic rubber in automotive sector
- Rising footwear market
- Increased demand for polyisoprene in medical sector
Market Restraint:
- Volatile raw material prices
- Rising demand for natural rubber
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Market Segmentations:
Global Isoprene Market is segmented on the basis of
- Type
- Application
- End-User
- Geography
Market Segmentations in Details:
On the basis of Type into polymerization and chemical.
On the basis of Application, the market is segmented into polyisoprene, styrene-isoprene styrene, isobutylene-isoprene rubber and specialty chemicals.
On the basis of End-User, the market is segmented into tires, adhesives and industrial rubber.
On the basis of Geography,
- North America
- South America
- Europe
- Asia-Pacific
- Middle East & Africa
Competitive Landscape: Global Isoprene Market
The global isoprene market is highly fragmented with the presence of a large number of players across different regions. These major players have adopted various organic as well as inorganic growth strategies such as mergers & acquisitions, new product launches, expansions, agreements, joint ventures, partnerships, and others to strengthen their position in this market.
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