Report

Global Isoprene Rubber Latex Market Size study, by Application (Medical Gloves, Condoms, Medical Balloons, Catheters, Adhesives), by End-Use (Medical, Consumer Goods, Industrial) and Regional Forecasts 2021-2027

  • Publish Date: Mar,2022
  • Report ID: QI037
  • Page : 250
  • Report Type : PDF (Email)
Global Isoprene Rubber Latex Market to reach USD 1162.38 million by 2027.Global Isoprene Rubber Latex Market is valued at approximately USD 678.24 million in 2020 and is anticipated to grow with a healthy growth rate of more than 8.00 % over the forecast period 2021-2027. Isoprene Rubber Latex is a flammable liquid unsaturated hydrocarbon C5H8 used especially in synthetic rubber. The increasing medical gloves production, increase in investment in healthcare equipment has led to the adoption of Isoprene Rubber Latex across the forecast period. For Instance: as per IBEF, the Government of India (GOI) has commenced various initiatives to strengthen the medical devices sector with an emphasis on research and development (R&D) and 100% FDI for medical devices to boost the market. FDI inflow in the medical and surgical appliances sector stood at US$ 2.23 billion between April 2000 and June 2021. Also, with the increasing awareness regarding personal safety and hygiene, the adoption & demand for Isoprene Rubber Latex is likely to increase the market growth during the forecast period. However, environmental concerns impede the growth of the market over the forecast period of 2021-2027.

The key regions considered for the global Isoprene Rubber Latex market study include Asia Pacific, North America, Europe, Latin America and Rest of the World. North America is the leading region across the world in terms of market share owing to the rapid expansion of end-use industries such as medical, construction, and industrial safety equipment. Whereas, Asia-Pacific is also anticipated to exhibit the highest growth rate over the forecast period 2021-2027. Factors such as rapid development in the industrial, healthcare and construction sectors would create lucrative growth prospects for the Isoprene Rubber Latex market across Asia-Pacific region.

Major market players included in this report are:
Royal Dutch Shell Plc
Top Glove Corp Bhd
Zeon Corporation
PAO Sibur Holding
Kraton Corporation
Ansell Limited
JSR Corporation
Supermax Corp. Bhd
Kossan Rubber Industries Bhd
Hartalega Holdings Bhd

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Application:
Medical Gloves
Condoms
Medical Balloons
Catheters
Adhesives
By End Use:
Medical
Consumer Goods
Industrial
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE

Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World

Furthermore, years considered for the study are as follows:

Historical year - 2018, 2019
Base year - 2020
Forecast period - 2021 to 2027

Target Audience of the Global Isoprene Rubber Latex Market in Market Study:

Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors