Market Overview

The Global Isoprene Market was valued at USD 4,979.6 million in 2023 and is expected to reach USD 9,081.2 million by 2031 while growing at a CAGR of 7.8% during the forecast period (2024-2031). 

 *Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report

Market Dynamics

This section of the report will analyze various driving and restraining factors that are expected to have a significant impact on the global isoprene market growth. Isoprene, a naturally occurring hydrocarbon with the molecular formula C5H8, is a colorless liquid at room temperature, exhibiting a distinct odor. Classified as a diene, it features two carbon-carbon double bonds in its structure.

Increasing demand for synthetic rubber and growth in construction and infrastructure are driving the development of innovative insecticide formulations, propelling the isoprene market. However, potential obstacles to its sustained growth include environmental concerns and volatility in raw material prices.

Furthermore, the global isoprene industry will be analyzed through various tools including PESTLE analysis, and Porter’s analysis.

Segmentation – By Grade Analysis

The Global Isoprene Market is segmented among Polymer Grade, and Chemical Grade, based on Grade. In 2023, Polymer Grade accounted for the majority of the market share*. 

 *Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report

Segmentation – By Application Analysis

The Global Isoprene Market is segmented among Tires, Adhesives, Industrial rubber, and Others, based on Application. In 2023, Tires accounted for the majority of the market share*. 

 *Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report

Global Isoprene Market: Regional Analysis

Based on region, the market is divided into six regions including North America, Europe, Asia Pacific, Latin America, Middle East, and Africa. In 2023, Asia Pacific dominated the market with the highest market share, while Asia Pacific is expected to grow with the highest CAGR during the forecast period (2024 – 2031). 

 *Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report

Competitive Landscape

Some of the key players operating in the market are Shell Plc, LyondellBasell Industries Holdings B.V., Kuraray Co., Ltd., ExxonMobil Corporation, Shandong Yuhuang Chemical Group Co., Ltd, Braskem, SIBUR, ZEON corporation, Chevron Phillips Chemical Company LLC, China Petrochemical Corporation, and LOTTE Chemical Corporation.

Table of Contents:

1. Research Methodology and Market Scope

• Research Methodology

• Market Scope

2. Executive Summary

3. Global Isoprene Market Dynamics

• Drivers

• Restraints

• Opportunity

4. Global Isoprene Industry Analysis

• PEST Analysis

• Porter's Five Force Analysis

• Recent Deals Analysis

5. Global Isoprene Market Segmentation, By Grade

• Global Isoprene Market Share Analysis, By Grade

• Global Isoprene Market Growth Analysis, By Grade

• Global Isoprene Market Trends, By Grade

o Polymer Grade

o Chemical Grade

6. Global Isoprene Market Segmentation, By Application

• Global Isoprene Market Share Analysis, By Application

• Global Isoprene Market Growth Analysis, By Application

• Global Isoprene Market Trends, By Application

o Tires

o Adhesives

o Industrial rubber

o Others

7. Global Isoprene Market Segmentation, By Region

• Global Isoprene Market Share Analysis, By Region

• Global Isoprene Market Growth Analysis, By Region

• Global Isoprene Market Trends, By Region

o North America

o Europe

o Asia Pacific

o Latin America

o Middle East

o Africa

8. Competitive Landscape

• Shell Plc*

o Company Overview

o Financial Performance

o Key Development/Strategies

o SWOT Analysis

• LyondellBasell Industries Holdings B.V.

• Kuraray Co., Ltd.

• ExxonMobil Corporation

• Shandong Yuhuang Chemical Group Co. Ltd

• Braskem

• SIBUR

• ZEON corporation

• Chevron Phillips Chemical Company LLC

• China Petrochemical Corporation

• LOTTE Chemical Corporation.

*Similar analysis will be provided for each company listed above.