Polyisoprene Market Report by Type (Natural Polyisoprene, Synthetic Polyisoprene), Application (Tires and Related Products, Latex Products, Footwear, Non-Automotive Engineering, Belting and Hose, and Others), and Region 2024-2032

Polyisoprene Market Report by Type (Natural Polyisoprene, Synthetic Polyisoprene), Application (Tires and Related Products, Latex Products, Footwear, Non-Automotive Engineering, Belting and Hose, and Others), and Region 2024-2032

Report Format: PDF+Excel | Report ID: SR112024A731
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Market Overview:

The global polyisoprene market size reached 19.7 Million Tons in 2023. Looking forward, IMARC Group expects the market to reach 33.1 Million Tons by 2032, exhibiting a growth rate (CAGR) of 5.8% during 2024-2032.

Report Attribute 
Key Statistics
Base Year
2023
Forecast Years
2024-2032
Historical Years
2018-2023
Market Size in 2023
US$ 19.7 Million Tons
Market Forecast in 2032
US$ 33.1 Million Tons
Market Growth Rate (2024-2032) 5.8%


Polyisoprene (C5H8) is a synthetic elastomer that exhibits similar characteristics as that of natural rubber. It can be naturally extracted from the sap of the Hevea Brasiliensis tree. On the other hand, polyisoprene can be produced industrially by the polymerization of the isoprene monomer. As compared to natural rubber, polyisoprene has better weather resistance and possesses a purer, more consistent and homogenous polymer structure. It is used in various applications that require low water swell, good resilience, good tack, high gum tensile strength, and high hot tensile strength.

 

 
 

 

Note: Information in the above chart consists of dummy data and is only shown here for representation purpose. Kindly contact us for the actual market size and trends.

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Polyisoprene Market Trends:

Polyisoprene is increasingly being used as an alternative to natural rubber in the manufacturing of catheters, medical balloons, and surgical or medical gloves for better comfort and enhanced protection from pathogens. The extensive utilization of these products in the healthcare sector is providing an impetus to the market growth. In line with this, the onset of coronavirus disease (COVID-19) has facilitated the usage of medical gloves significantly to minimize the spread of the virus, which, in turn, is influencing the market growth. Moreover, there has been a rise in awareness regarding the usage of effective contraceptives to avoid sexually transmitted diseases (STDs) and unplanned pregnancies, which has contributed to the demand for wearable contraceptives. This is further supported by rapid investments by manufacturers to develop and market innovative condom designs. Other than this, leading polyisoprene manufacturers are focusing on research and development (R&D) activities to introduce improved products with high resealability and low needle penetration resistance. This is acting as another growth-inducing factor for the market.

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each segment of the global polyisoprene market report, along with forecasts at the global and regional levels from 2024-2032. Our report has categorized the market based on type and application.

Breakup by Type:

  • Natural Polyisoprene
  • Synthetic Polyisoprene


Breakup by Application:

 

 
 

 

Note: Information in the above chart consists of dummy data and is only shown here for representation purpose. Kindly contact us for the actual market size and trends.

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  • Tires and Related Products
  • Latex Products
  • Footwear
  • Non-Automotive Engineering
  • Belting and Hose
  • Others


Regional Insights:

  • Natural Polyisoprene
    • China
    • India
    • United States
    • Japan
    • Thailand
    • Others
  • Synthetic Polyisoprene
    • Russia
    • United States
    • Japan
    • China
    • Western Europe
    • Others

Competitive Landscape:

The competitive landscape of the industry has also been examined, along with the profiles of the key players.

Report Coverage:

Report Features Details
Base Year of the Analysis 2023
Historical Period 2018-2023
Forecast Period 2024-2032
Units Million Tons, US$ Billion 
Segment Coverage Type, Application, Region
Region Covered Natural Polyisoprene (China, India, United States, Japan, Thailand, Others), Synthetic Polyisoprene (Russia, United States, Japan, China, Western Europe and others)
Customization Scope 10% Free Customization
Report Price and Purchase Option Single User License: US$ 3899
Five User License: US$ 4899
Corporate License: US$ 5899
Post-Sale Analyst Support 10-12 Weeks
Delivery Format PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

Key Questions Answered in This Report

The global polyisoprene market reached a volume of 19.7 Million Tons in 2023.

According to the estimates by IMARC Group, the global polyisoprene market is expected to grow at a CAGR of 5.8% during 2024-2032.

Polyisoprene is extensively utilized in the production of hospital sheeting and medical gloves. The spread of the coronavirus disease (COVID-19) has escalated the demand for medical equipment across the globe, thereby positively influencing the market growth.

The increasing utilization of polyisoprene in the manufacturing of automobiles and healthcare and food products represent one of the key factors impelling the market growth.

Leading manufacturers are investing in the research and development (R&D) projects and introducing new polyisoprene compounds, which is acting as a major trend in the market.

On the basis of the application, the market has been categorized into tires and related products, latex products, footwear, non-automotive engineering, belting and hose, and others.

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Polyisoprene Market Report by Type (Natural Polyisoprene, Synthetic Polyisoprene), Application (Tires and Related Products, Latex Products, Footwear, Non-Automotive Engineering, Belting and Hose, and Others), and Region 2024-2032
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