Isoprene Market Research Report- Forecast to 2023Posted by Avinash on December 7th, 2017 Isoprene is a common name for the chemical compound 2-methylbuta-1,3-diene. At a room temperature, purified Isoprene is a highly flammable, colorless liquid that can be easily ignited. They are classified based on the purity into polymer grade and chemical grade. Utilization of high-quality isoprene is overwhelmed by interest for and creation of polyisoprene elastomers, which represented more than 50% of aggregate isoprene utilization in 2016. As per our analysis, some of the prominent market factors and trends identified in the Global Isoprene Market include rapid construction activities, rising demand for tires from the automotive industry, and increasing expenditure on personal care products. Moreover, demand for Isoprene is predicted to witness a significant growth over the assessment period due to surging automotive industry. Furthermore, rapid urbanization coupled with increasing disposable income in emerging economies is predicted to propel the growth of the market during the assessment period 2017-2023. Key Players: Request a Sample Report @ https://www.marketresearchfuture.com/sample_request/4799 Market Segmentation: Regional Analysis: North American Isoprene Market is predicted to witness a tremendous growth on account of high consumption potential, increasing production capacities, and rising economic growth rate. In North American region, the U.S. & Canada are predicted to be the major contributors to the regional growth of Isoprene Market and are expected to see a significant demand for isoprene during the forecast period 2017-2023. Increasing demand for automobile and medical appliances are the factors driving the market growth. In Europe, the demand for isoprene is predicted to grow in various countries such as Italy, Germany, Spain, UK, France, and Russia on account of increasing expenditure in innovation in automobile, cosmetic products awareness and growing purchasing power of consumers. Moreover, the presence of major automobile manufacturers, specifically, in Germany is expected to give a new impetus to the market growth. In the Middle East, the growing demand from construction and automobile industries are likely to boost the Isoprene Market over the forecast period. Latin American countries such as Argentina, Colombia, and Brazil are also predicted to witness a substantial growth owing to increasing consumer spending on passenger cars as well as involvement of new technologies and inventions in Isoprene. Key Points from Table of Contents: 12. Company Profiles 12.1 The Goodyear Tire & Rubber Company 12.2 SIBUR 12.3 Royal Dutch Shell Plc 12.4 LyondellBasell Industries N.V. 12.5 ZEON CORPORATION Make an Enquiry before buying @ https://www.marketresearchfuture.com/enquiry/4799 About Market Research Future: MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by Components, Application, Logistics and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions. Contact: Like it? Share it!More by this author |