Polyisoprene Market Is Expected To Expand At A CAGR Of 4.1% By 2028Posted by rahul nikade on December 9th, 2022 Polyisoprene Industry Overview The global polyisoprene market size is expected to reach USD 2.94 billion by 2028, according to a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 4.1% from 2021 to 2028. Increasing adoption of polyisoprene in the automotive, footwear, medical, non-automotive sectors is projected to fuel the market growth during the forecast period. The product is also expected to have a high demand in the tires & related products application due to the product properties like excellent resistance to abrasion &tearing and high compression set along with the increasing demand for Electric Vehicles (EVs). Polyisoprene Market Segmentation Grand View Research has segmented the global polyisoprene market on the basis of application and region: Based on the Application Insights, the market is segmented into Tires & Related Products, Latex, Footwear, Non-automotive Engineering, Belts & Hose, Others.
Polyisoprene Regional Outlook
Key Companies Profile & Market Share Insights The market is highly competitive due to the presence of several regional and global players. Leading market players compete based on their product development capabilities and new technologies used in product formulations. Established oil & gas companies, such as ENEOS, are implementing different strategic initiatives to enter into the elastomer manufacturing business. Some prominent players in the global polyisoprene market include
Order a free sample PDF of the Polyisoprene Market Intelligence Study, published by Grand View Research. About Grand View Research Grand View Research, U.S.-based market research and consulting company, provides syndicated as well as customized research reports and consulting services. Registered in California and headquartered in San Francisco, the company comprises over 425 analysts and consultants, adding more than 1200 market research reports to its vast database each year. These reports offer in-depth analysis on 46 industries across 25 major countries worldwide. With the help of an interactive market intelligence platform, Grand View Research Helps Fortune 500 companies and renowned academic institutes understand the global and regional business environment and gauge the opportunities that lie ahead. Contact: Sherry James Corporate Sales Specialist, USA Grand View Research, Inc. Phone: 1-415-349-0058 Toll Free: 1-888-202-9519 Email: sales@grandviewresearch.com Like it? Share it!More by this author |