Market Overview:
The global isoprene monomer market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for isoprene monomer from various applications such as IR, SIS, IIR and fine chemicals. Additionally, the growing demand for rubber products across the globe is also propelling the growth of this market. On basis of type, polymerization grade accounted for majority share in 2017 and it is projected to maintain its dominance during forecast period. This can be attributed to its properties such as high reactivity and better performance than chemical grade products.
Product Definition:
Isoprene is a colorless or light yellow liquid hydrocarbon having the formula C5H8. It is the simplest example of a cycloalkane. Isoprene is used to make polyisoprene, which is used for synthetic rubber.
Polymerization Grade:
Polymerization grade is also known as high purity polymerization grade. It's a special type of polymers that are manufactured by using very high quality raw materials such as ethylene, alpha-olefins and catalysts. The most important factor that differentiates it from other types of grades is its extremely low level of impurities or contaminants.
Chemical Grade:
Chemical grade isoprene monomer is a colorless liquid with an odor similar to gasoline. It has a molecular weight of 142.2 and boiling point of -42°C. Isoprene monomer (IM) is manufactured by the polymerization process of synthetic rubber using olefin as a raw material which contains one molecule of oxygen and two molecules of hydrogen.
Application Insights:
The global isoprene monomer (IR) market was valued at USD 1.96 billion in 2017 and is expected to witness significant growth on account of its wide application scope in the manufacturing of inflatable rubber products such as tires, tubes, flimsies and others. The growing demand for these products in the automotive industry on account of increasing consumer disposable income coupled with rising vehicle sales will drive the demand for IR globally over the forecast period.
SIS applications dominated the overall industry accounting for a volume share of 33.3% in 2017 owing to its usage as an adhesive and sealant across several end-use industries including construction & building materials, marine & transportation among others.
Regional Analysis:
Asia Pacific was the dominant regional market in 2017 and accounted for over 45% of the global revenue share. The region is also expected to be the fastest-growing market at an estimated CAGR of XX% from 2018 to 2030 owing to increasing product demand from various application segments, such as automotive, construction, packaging and others.
The presence of a large number of automobile manufacturers in Asia Pacific has resulted in high product consumption across this region. For instance, Toyota Motor Corporation consumed around 1 million tons per year for its motor vehicle manufacturing operations across several plants located in Japan and Thailand between 2013 and 2016.
Growth Factors:
- Increasing demand for isoprene monomer in the automotive and tire industries due to its properties such as resistance to heat, ozone, and weathering.
- Rising demand from the construction industry for use in roofing membranes, insulation materials, and sealants.
- Growing use of isoprene monomer in medical applications such as adhesives, coatings, elastomers, and implants.
- Increasing popularity of isoprene monomer as a green alternative to traditional petroleum-based polymers.
Scope Of The Report
Report Attributes
Report Details
Report Title
Isoprene Monomer Market Research Report
By Type
Polymerization Grade, Chemical Grade
By Application
IR, SIS, IIR, Fine Chemicals
By Companies
Nizhnekamskneftekhim, Sibur, Synthez-Kauchuk, Shell, JSR, Goodyear Chemical, Kuraray, ZEON CORPORATION, SINOPEC, Jinhai Chenguang, Zibo Luhua Hongjin New Material, Shandong Yuhuang Chemical, Kaixin, Yikesi, Yuangang Petrochemical
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
248
Number of Tables & Figures
174
Customization Available
Yes, the report can be customized as per your need.
Global Isoprene Monomer Market Report Segments:
The global Isoprene Monomer market is segmented on the basis of:
Types
Polymerization Grade, Chemical 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
IR, SIS, IIR, Fine Chemicals
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:
- Nizhnekamskneftekhim
- Sibur
- Synthez-Kauchuk
- Shell
- JSR
- Goodyear Chemical
- Kuraray
- ZEON CORPORATION
- SINOPEC
- Jinhai Chenguang
- Zibo Luhua Hongjin New Material
- Shandong Yuhuang Chemical
- Kaixin
- Yikesi
- Yuangang Petrochemical
Highlights of The Isoprene Monomer 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:
- Polymerization Grade
- Chemical Grade
- By Application:
- IR
- SIS
- IIR
- Fine Chemicals
- 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 Isoprene Monomer 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?
Isoprene monomer is a molecule that consists of only carbon and hydrogen atoms. It is a common component of natural gas, and it is also used in the production of plastics.
Some of the major companies in the isoprene monomer market are Nizhnekamskneftekhim, Sibur, Synthez-Kauchuk, Shell, JSR, Goodyear Chemical, Kuraray, ZEON CORPORATION, SINOPEC, Jinhai Chenguang, Zibo Luhua Hongjin New Material, Shandong Yuhuang Chemical, Kaixin, Yikesi, Yuangang Petrochemical.
The isoprene monomer market is expected to grow at a compound annual growth rate of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Isoprene Monomer Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Isoprene Monomer Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Isoprene Monomer Market - Supply Chain
4.5. Global Isoprene Monomer Market Forecast
4.5.1. Isoprene Monomer Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Isoprene Monomer Market Size (000 Units) and Y-o-Y Growth
4.5.3. Isoprene Monomer Market Absolute $ Opportunity
5. Global Isoprene Monomer Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Isoprene Monomer Market Size and Volume Forecast by Type
5.3.1. Polymerization Grade
5.3.2. Chemical Grade
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Isoprene Monomer Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Isoprene Monomer Market Size and Volume Forecast by Application
6.3.1. IR
6.3.2. SIS
6.3.3. IIR
6.3.4. Fine Chemicals
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Isoprene Monomer Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Isoprene Monomer Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Isoprene Monomer Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Isoprene Monomer Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Isoprene Monomer Demand Share Forecast, 2019-2026
9. North America Isoprene Monomer Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Isoprene Monomer Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Isoprene Monomer Market Size and Volume Forecast by Application
9.4.1. IR
9.4.2. SIS
9.4.3. IIR
9.4.4. Fine Chemicals
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Isoprene Monomer Market Size and Volume Forecast by Type
9.7.1. Polymerization Grade
9.7.2. Chemical Grade
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Isoprene Monomer Demand Share Forecast, 2019-2026
10. Latin America Isoprene Monomer Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Isoprene Monomer Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Isoprene Monomer Market Size and Volume Forecast by Application
10.4.1. IR
10.4.2. SIS
10.4.3. IIR
10.4.4. Fine Chemicals
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Isoprene Monomer Market Size and Volume Forecast by Type
10.7.1. Polymerization Grade
10.7.2. Chemical Grade
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Isoprene Monomer Demand Share Forecast, 2019-2026
11. Europe Isoprene Monomer Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Isoprene Monomer Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Isoprene Monomer Market Size and Volume Forecast by Application
11.4.1. IR
11.4.2. SIS
11.4.3. IIR
11.4.4. Fine Chemicals
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Isoprene Monomer Market Size and Volume Forecast by Type
11.7.1. Polymerization Grade
11.7.2. Chemical Grade
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Anlysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Isoprene Monomer Demand Share, 2019-2026
12. Asia Pacific Isoprene Monomer Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Isoprene Monomer Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Isoprene Monomer Market Size and Volume Forecast by Application
12.4.1. IR
12.4.2. SIS
12.4.3. IIR
12.4.4. Fine Chemicals
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Isoprene Monomer Market Size and Volume Forecast by Type
12.7.1. Polymerization Grade
12.7.2. Chemical Grade
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Isoprene Monomer Demand Share, 2019-2026
13. Middle East & Africa Isoprene Monomer Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Isoprene Monomer Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Isoprene Monomer Market Size and Volume Forecast by Application
13.4.1. IR
13.4.2. SIS
13.4.3. IIR
13.4.4. Fine Chemicals
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Isoprene Monomer Market Size and Volume Forecast by Type
13.7.1. Polymerization Grade
13.7.2. Chemical Grade
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Isoprene Monomer Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Isoprene Monomer Market: Market Share Analysis
14.2. Isoprene Monomer Distributors and Customers
14.3. Isoprene Monomer Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Nizhnekamskneftekhim
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Sibur
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Synthez-Kauchuk
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Shell
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. JSR
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Goodyear Chemical
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Kuraray
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. ZEON CORPORATION
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. SINOPEC
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Jinhai Chenguang
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Zibo Luhua Hongjin New Material
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Shandong Yuhuang Chemical
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Kaixin
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Yikesi
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. Yuangang Petrochemical
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
