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Global Polyisoprene Market to reach USD 3.08 billion by 2027

Global Polyisoprene Market Size study, by Application (Tires & Related Products, Latex, Footwear, Non-automotive Engineering, Belts & Hose), and Regional Forecasts 2021-2027

Product Code: CAMPAP_66136492
Publish Date: 30-11-2021
Page: 200

Global Polyisoprene Market is valued approximately at USD 2.20 billion in 2020 and is anticipated to grow with a healthy growth rate of more than 5.61% over the forecast period 2021-2027. Polyisoprene is used in rubber, footwear, automotive, sponges, and sporting goods and include medical/health applications and sealants and adhesives. The global Polyisoprene market is being driven by growing demand of polyisoprene in medical sector, rising footwear market and inherent properties of polyisoprene. Furthermore, the growing use of Polyisoprenes in newer automotive production and industrial use and rising usage of polyisoprene in surgical gloves, will provide new opportunities for the global Polyisoprene industry. For instance, According to World Integrated Trade Solution United States exported USD 33,283,488.38 thousand footwear in 2019. Whereas in 2018 United States exported USD 32,985,971.7 thousand footwear. Also, as per council for leather exports India exported 115 million pair of footwear in 2019. Which is increasing every year. As a result, growth in footwear industry will necessitate the use of more polyisoprene in the manufacturing of different automobile parts, which will serve as a catalyst for the Polyisoprene industry in the future. However unstable raw material prices may impede market growth over the forecast period of 2021-2027.

Asia Pacific, North America, Europe, Latin America, and Rest of the World are the key region considered for the regional analysis of global polyisoprene market. Presence of well-established automotive and consumer goods industry in the region makes Asia Pacific the leading region across the world in terms of market share. Whereas Asia Pacific is also anticipated to exhibit the highest growth rate over the forecast period 2021-2027, due to increasing vehicle production in various region.
Major market player included in this report are:

Zeon Corporation
JSR Corporation
PJSC “Nizhnekamskneftekhim”
The Goodyear Tire & Rubber Company
TSRC Corporation
Kent Elastomers Inc

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Application:
Tires & Related Products
Non-automotive Engineering
Belts & Hose

By Region:
North America

Asia Pacific
South Korea
Latin America
Rest of the World

Furthermore, years considered for the study are as follows:

Historical year – 2018, 2019
Base year – 2020
Forecast period – 2021 to 2027.

Target Audience of the Global Polyisoprene Market in Market Study:

Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers

Chapter 1. Executive Summary
1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2019-2027 (USD Billion)
1.2.1. Polyisoprene Market, by Region, 2019-2027 (USD Billion)
1.2.2. Polyisoprene Market, by Application, 2019-2027 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption
Chapter 2. Global Polyisoprene Market Definition and Scope
2.1. Objective of the Study
2.2. Market Definition & Scope
2.2.1. Scope of the Study
2.2.2. Industry Evolution
2.3. Years Considered for the Study
2.4. Currency Conversion Rates
Chapter 3. Global Polyisoprene Market Dynamics
3.1. Polyisoprene Market Impact Analysis (2019-2027)
3.1.1. Market Drivers Increasing demand for polyisoprene in the medical sector Growing footwear market Inherent properties of polyisoprene
3.1.2. Market Restraint Volatile raw material prices
3.1.3. Market Opportunities Growing Sports Industry Rising awareness towards Contraceptives
Chapter 4. Global Polyisoprene Market Industry Analysis
4.1. Porter’s 5 Force Model
4.1.1. Bargaining Power of Suppliers
4.1.2. Bargaining Power of Buyers
4.1.3. Threat of New Entrants
4.1.4. Threat of Substitutes
4.1.5. Competitive Rivalry
4.1.6. Futuristic Approach to Porter’s 5 Force Model (2018-2027)
4.2. PEST Analysis
4.2.1. Political
4.2.2. Economical
4.2.3. Social
4.2.4. Technological
4.3. Investment Adoption Model
4.4. Analyst Recommendation & Conclusion
4.5. Top investment opportunity
4.6. Top winning strategies
Chapter 5. Risk Assessment: COVID-19 Impact
5.1.1. Assessment of the overall impact of COVID-19 on the industry
5.1.2. Pre COVID-19 and post COVID-19 market scenario
Chapter 6. Global Polyisoprene Market, by Application
a. Market Snapshot
6.1. Global Polyisoprene Market by Application, Performance – Potential Analysis
6.2. Global Polyisoprene Market Estimates & Forecasts by Application 2018-2027 (USD Billion)
6.3. Polyisoprene Market, Sub Segment Analysis
6.3.1. Tires & Related Products
6.3.2. Latex
6.3.3. Footwear
6.3.4. Non-automotive Engineering
6.3.5. Belts & Hose
Chapter 7. Global Polyisoprene Market, Regional Analysis
7.1. Polyisoprene Market, Regional Market Snapshot
7.2. North America Polyisoprene Market
7.2.1. U.S. Polyisoprene Market Application breakdown estimates & forecasts, 2018-2027
7.2.2. Canada Polyisoprene Market
7.3. Europe Polyisoprene Market Snapshot
7.3.1. U.K. Polyisoprene Market
7.3.2. Germany Polyisoprene Market
7.3.3. France Polyisoprene Market
7.3.4. Spain Polyisoprene Market
7.3.5. Italy Polyisoprene Market
7.3.6. Rest of Europe Polyisoprene Market
7.4. Asia-Pacific Polyisoprene Market Snapshot
7.4.1. China Polyisoprene Market
7.4.2. India Polyisoprene Market
7.4.3. Japan Polyisoprene Market
7.4.4. Australia Polyisoprene Market
7.4.5. South Korea Polyisoprene Market
7.4.6. Rest of Asia Pacific Polyisoprene Market
7.5. Latin America Polyisoprene Market Snapshot
7.5.1. Brazil Polyisoprene Market
7.5.2. Mexico Polyisoprene Market
7.6. Rest of The World Polyisoprene Market
Chapter 8. Competitive Intelligence
8.1. Top Market Strategies
8.2. Company Profiles
8.2.1. Zeon Corporation Key Information Overview Financial (Subject to Data Availability) Product Summary Recent Developments
8.2.2. JSR Corporation
8.2.3. PJSC “Nizhnekamskneftekhim”
8.2.4. The Goodyear Tire & Rubber Company
8.2.5. KURARAY CO., LTD.
8.2.6. ExxonMobil
8.2.7. TSRC Corporation
8.2.8. Kent Elastomers Inc
8.2.9. DuPont
8.2.10. Hexpol

Chapter 9. Research Process
9.1. Research Process
9.1.1. Data Mining
9.1.2. Analysis
9.1.3. Market Estimation
9.1.4. Validation
9.1.5. Publishing
9.2. Research Attributes
9.3. Research Assumption

The study of the market is incorporated by extensive primary and secondary research conducted by the research team at OMR. Secondary research has been conducted to refine the available data to breakdown the market in various segments, derive total market size, market forecast, and growth rate. Different approaches have been worked on to derive the market value and market growth rate. Our team collects facts and data related to the market from different geographies to provide a better regional outlook. In the report, country-level analysis is provided by analyzing various regional players, regional tax laws and policies, consumer behavior, and macro-economic factors. Numbers extracted from secondary research have been authenticated by conducting proper primary research. It includes tracking down key people from the industry and interviewing them to validate the data. Our analysts contact company executives, managers, key opinion leaders, and industry experts. This enables our analyst to derive the closest possible figures without any major deviations in the actual number.

Primary Research Sources:

  • Interview conducted with raw material suppliers & manufacturers.
  • Interview conducted with manufacturers, suppliers & distributors, researchers, & representatives of regulatory bodies.
  • Interview conducted with market players, industry experts, & independent consultants.
  • Secondary Research Sources:
  • Purchased Database: D&B Hoovers, Bloomberg, Inc., Business Information Industry Association, NAICS Association.
  • Internal Database: White papers, Certified Publications, Articles by Recognized Authors and Regulatory Bodies.
  • Government Databases: Food and Agriculture Organization (FAO), European Industrial Hemp Association (EIHA), World Health Organization (WHO), Food and Drug Administration (FDA), International Telecommunication Union (ITU), United States Department of Agriculture (USDA), International organization of Motor Vehicle Manufacturers (OICA).

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