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The North America polyisoprene market exhibited moderate growth during 2015-2020. Looking forward, IMARC Group expects the market to grow at a CAGR of around 4% during 2021-2026. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end use industries. These insights are included in the report as a major market contributor.
Polyisoprene is a polymer of isoprene, which is obtained naturally from the latex of the Hevea Brasiliensis trees, also known as natural rubber. It can also be synthetically produced from the isoprene monomer. Polyisoprene offers several benefits, which include high tensile strength, abrasion resistance, elongation and high consistency. Owing to these properties, polyisoprene is widely used for manufacturing tires, latex products, footwear, non-automotive engineering products, belting and hoses, etc.
The North America polyisoprene market is currently being driven by several factors. The automobile industry primarily contributes to the rising demand for synthetic polyisoprene as it is utilized in the manufacturing of tires. Apart from this, synthetic polyisoprene provides tear resistance, vibration absorption, thermal resistance and high mechanical strength for automobile tires, thereby catalyzing the demand in the region. Furthermore, it is also used in various other industrial applications, including drive couplings, springs, bearings, and vibration mounts. Besides this, polyisoprene is also used in various end use industries across North America for producing gloves, balloons, toys, foam mattress, adhesives and battery boxes.
IMARC Group provides an analysis of the key trends in each sub-segment of the North America polyisoprene market, along with forecasts at the regional and country level from 2021-2026. Our report has categorized the market based on type and application.
IMARC Group’s latest report provides a deep insight into the North America polyisoprene market covering all its essential aspects. This ranges from macro overview of the market to micro details of the industry performance, recent trends, key market drivers and challenges, SWOT analysis, Porter’s five forces analysis, value chain analysis, etc. This report is a must-read for entrepreneurs, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the North America polyisoprene market in any manner.
|Base Year of the Analysis||2020|
|Segment Coverage||Type, Application, Country|
|Countries Covered||United States, Canada|
|Customization Scope||10% Free Customization|
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