Market Overview:
The global polyisoprene latex market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for medical gloves, medical balloons & catheters, condoms, adhesives and other applications from various end-use industries. In terms of volume, the industrial grade segment is projected to lead the global polyisoprene latex market during the forecast period. However, in terms of value share, the medical grade segment is projected to grow at a higher rate than other segments during 2018-2030. North America dominates the global polyisoprene latex market followed by Europe and Asia Pacific region respectively due high demand for medical gloves application in these regions.
Product Definition:
Polyisoprene latex is a synthetic rubber that is used to make products such as gloves, condoms and balloons. It is important because it is durable, stretchy and resistant to tears.
Industrial Grade:
Industrial grade is a high performance, durable and flexible material that offers excellent resistance to chemicals, degradation and aging. It has superior tensile strength which helps in increasing the overall performance of the finished goods. Industrial grade polyisoprene latex is used for manufacturing various products such as air conditioners, automotive parts & components, furniture & flooring among others.
Medical Grade:
Medical-grade polyisoprene latex is a type of synthetic rubber that closely resembles natural rubber in physical and chemical properties. It has been used as an alternative to natural rubber for the last two decades, primarily in medical applications.
Application Insights:
Medical gloves emerged as the largest application segment and accounted for over 40% of the total market revenue in 2017. The product is used to manufacture medical gloves that are subsequently sold to hospitals, clinics and other healthcare facilities. Growing awareness regarding various diseases and conditions, coupled with increasing government spending on healthcare, is expected to drive demand for polyisoprene latex products in medical applications over the forecast period.
Polyisoprene latex finds application in manufacturing a wide variety of products including Condoms (male condoms), female condoms, cervical caps (diaphragms), spermicides/birth control pouches and films among others. Increasing use of polyisoprene latex as an alternative to natural rubber has resulted in reduced prices which have positively impacted its demand across all these applications segments since 2015 when prices crashed down due to excess supply from Brazil.
Regional Analysis:
North America dominated the global polyisoprene latex market in 2017. The growing healthcare industry and increasing investments by governments for improving healthcare infrastructure are expected to drive the demand for medical products, such as gloves, catheters, balloons, and condoms over the forecast period. In addition to this, favorable reimbursement policies in U.S., which covers a major part of product cost is further anticipated to boost product demand during the forecast period.
Asia Pacific is estimated to be one of the fastest-growing regions with a CAGR of XX% from 2018 to 2030 owing its huge population base.
Growth Factors:
- Increasing demand for latex gloves in the healthcare sector
- Rising demand for condoms and other contraceptives made from latex
- Growing use of polyisoprene latex in medical adhesives and sealants
- Increasing popularity of natural rubber alternatives among consumers
- Proliferation of new applications for polyisoprene latex across a variety of industries
Scope Of The Report
Report Attributes
Report Details
Report Title
Polyisoprene Latex Market Research Report
By Type
Industrial Grade, Medical Grade
By Application
Medical Gloves, Medical Balloons & Catheters, Condoms, Adhesives, Other
By Companies
Kraton Performance Polymers, Inc., Kuraray Co., Ltd, Puyang Linshi Chemical & New Material Co., Ltd, Kent Elastomers, Precision Dippings, Zeon Corporation, Kraton Performance Polymers, Inc.
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
238
Number of Tables & Figures
167
Customization Available
Yes, the report can be customized as per your need.
Global Polyisoprene Latex Market Report Segments:
The global Polyisoprene Latex market is segmented on the basis of:
Types
Industrial Grade, Medical Grade
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Medical Gloves, Medical Balloons & Catheters, Condoms, Adhesives, Other
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Kraton Performance Polymers, Inc.
- Kuraray Co., Ltd
- Puyang Linshi Chemical & New Material Co., Ltd
- Kent Elastomers
- Precision Dippings
- Zeon Corporation
- Kraton Performance Polymers, Inc.
Highlights of The Polyisoprene Latex Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Industrial Grade
- Medical Grade
- By Application:
- Medical Gloves
- Medical Balloons & Catheters
- Condoms
- Adhesives
- Other
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Polyisoprene Latex Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Polyisoprene latex is a type of natural rubber that is made from the polymerization of two molecules of ethylene. Polyisoprene latex has a higher tensile strength and lower elasticity than other types of natural rubber, which makes it better suited for applications where durability and resistance to stretching are important.
Some of the major companies in the polyisoprene latex market are Kraton Performance Polymers, Inc., Kuraray Co., Ltd, Puyang Linshi Chemical & New Material Co., Ltd, Kent Elastomers, Precision Dippings, Zeon Corporation, Kraton Performance Polymers, Inc..
The polyisoprene latex market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Polyisoprene Latex Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Polyisoprene Latex Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Polyisoprene Latex Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Polyisoprene Latex Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Polyisoprene Latex Market Size & Forecast, 2018-2028
4.5.1 Polyisoprene Latex Market Size and Y-o-Y Growth
4.5.2 Polyisoprene Latex Market Absolute $ Opportunity
Chapter 5 Global Polyisoprene Latex Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Polyisoprene Latex Market Size Forecast by Type
5.2.1 Industrial Grade
5.2.2 Medical Grade
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Polyisoprene Latex Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Polyisoprene Latex Market Size Forecast by Applications
6.2.1 Medical Gloves
6.2.2 Medical Balloons & Catheters
6.2.3 Condoms
6.2.4 Adhesives
6.2.5 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Polyisoprene Latex Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Polyisoprene Latex Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Polyisoprene Latex Analysis and Forecast
9.1 Introduction
9.2 North America Polyisoprene Latex Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Polyisoprene Latex Market Size Forecast by Type
9.6.1 Industrial Grade
9.6.2 Medical Grade
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Polyisoprene Latex Market Size Forecast by Applications
9.10.1 Medical Gloves
9.10.2 Medical Balloons & Catheters
9.10.3 Condoms
9.10.4 Adhesives
9.10.5 Other
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Polyisoprene Latex Analysis and Forecast
10.1 Introduction
10.2 Europe Polyisoprene Latex Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Polyisoprene Latex Market Size Forecast by Type
10.6.1 Industrial Grade
10.6.2 Medical Grade
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Polyisoprene Latex Market Size Forecast by Applications
10.10.1 Medical Gloves
10.10.2 Medical Balloons & Catheters
10.10.3 Condoms
10.10.4 Adhesives
10.10.5 Other
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Polyisoprene Latex Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Polyisoprene Latex Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Polyisoprene Latex Market Size Forecast by Type
11.6.1 Industrial Grade
11.6.2 Medical Grade
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Polyisoprene Latex Market Size Forecast by Applications
11.10.1 Medical Gloves
11.10.2 Medical Balloons & Catheters
11.10.3 Condoms
11.10.4 Adhesives
11.10.5 Other
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Polyisoprene Latex Analysis and Forecast
12.1 Introduction
12.2 Latin America Polyisoprene Latex Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Polyisoprene Latex Market Size Forecast by Type
12.6.1 Industrial Grade
12.6.2 Medical Grade
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Polyisoprene Latex Market Size Forecast by Applications
12.10.1 Medical Gloves
12.10.2 Medical Balloons & Catheters
12.10.3 Condoms
12.10.4 Adhesives
12.10.5 Other
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Polyisoprene Latex Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Polyisoprene Latex Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Polyisoprene Latex Market Size Forecast by Type
13.6.1 Industrial Grade
13.6.2 Medical Grade
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Polyisoprene Latex Market Size Forecast by Applications
13.10.1 Medical Gloves
13.10.2 Medical Balloons & Catheters
13.10.3 Condoms
13.10.4 Adhesives
13.10.5 Other
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Polyisoprene Latex Market: Competitive Dashboard
14.2 Global Polyisoprene Latex Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Kraton Performance Polymers, Inc.
14.3.2 Kuraray Co., Ltd
14.3.3 Puyang Linshi Chemical & New Material Co., Ltd
14.3.4 Kent Elastomers
14.3.5 Precision Dippings
14.3.6 Zeon Corporation
14.3.7 Kraton Performance Polymers, Inc.
