Global Polyisoprene Market: Top Companies, Investment Trend, Growth & Innovation Trends 2021-2026

According to the latest report by IMARC Group, titled “Polyisoprene Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026”, the global polyisoprene market reached a volume of 16 Million Tons in 2020. Looking forward, IMARC Group expects the market to exhibit moderate growth during 2021-2026.

We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.

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Polyisoprene (C5H8) refers to inexpensive elastomers that can be extracted naturally from the latex of the Hevea brasiliensis tree or industrially through the polymerization of isoprene monomer. It exhibits various properties, including weather resistance, resilience, better tack, and high hot and gum tensile strength, on account of which it is extensively being utilized for manufacturing tires, belts, hoses, and various other latex products. At present, polyisoprene is commercially available in varying types, such as natural and synthetic. 

The widespread adoption of polyisoprene across the medical industry to produce catheters, surgical gloves, and medical balloons is currently driving the market growth. Polyisoprenes possess high-tearing strength that inhibits the transmission of viruses, which has further impelled their adoption during the ongoing coronavirus disease (COVID-19) pandemic. In line with this, extensive utilization of polyisoprene in the healthcare sector for formulating effective contraceptives to avoid the risks of contracting sexually transmitted diseases (STDs) due to the increasing health awareness amongst consumers is propelling the market growth. Apart from this, rising investments in the research and development (R&D) activities and strategic collaborations amongst key players for exploring new procedures to engineer synthetic rubber are further contributing to the market growth. 

Polyisoprene Market 2021-2026 Competitive Analysis and Segmentation:

Competitive Landscape With Key Players:

The competitive landscape of the global polyisoprene market  has been studied in the report with the detailed profiles of the key players operating in the market.

Key Market Segmentation:

The report has segmented the global polyisoprene market  on the basis of application and region.

Breakup by Application:

  • Tires and Related Products
  • Latex Products
  • Footwear
  • Non-Automotive Engineering
  • Belting and Hose
  • Others

Breakup by Region:

  • China
  • India
  • United States
  • Japan
  • Thailand
  • Others

Explore Full Report with TOC & List of Figure: https://www.imarcgroup.com/polyisoprene-technical-material-market-report

Key highlights of the report:            

  • Market Performance (2015-2020)
  • Market Outlook (2021-2026)
  • Industry Trends
  • Market Drivers and Success Factors
  • The Impact of COVID-19 on the Global Market
  • Value Chain Analysis
  • Structure of the Global Market
  • Comprehensive mapping of the competitive landscape

If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.

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IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

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