In accordance with this study, the Global Synthetic Polyisoprene Rubber Market value registered in 2021 was close to USD XX BN and is predicted to outstretch revenue by USD XX BN in 2028 with a CAGR of XX% during the period of 2022-2028.
Polyisoprene is another name for polymers that are produced by polymerization of isoprene. It is a synthetic rubber which is produced using complex catalysts of stereospecific polymerization of solvents. Synthetic polyisoprene rubber is extensively used in the manufacturing of medical gloves, condoms, medical balloons, adhesives, and other applications. On the other hand, it shows poor resistance to oil, sunlight, and ozone and has the limited thermal capability.
The surging demand for medical and industrial gloves, as synthetic polyisoprene rubber is used in manufacturing these items, is primarily driving the market growth. Moreover, growing preference for alternative materials to natural or latex rubber, especially for medical gloves is further fueling the market size. However, the availability of advanced technologies in medical space such as robots to perform surgeries that decreases the need for gloves challenges the market demand.
The report has been created by using crucial tools such as Porter’s Five Forces Model, Market Attractiveness Analysis and Value Chain analysis to help businesses around the globe navigate opportunities and challenges in the rapidly evolving marketplace with clarity. These tools also serve the detailed information of each application/product segment in the global market of synthetic polyisoprene rubber.
The study offers a decisive view of the global synthetic polyisoprene rubber market by segmenting it in terms of application and end-user. The report analyzes these subsets with respect to the regional segmentation. This research study will prepare marketers for the evolving needs of their customers.
- Medical Gloves
- Medical Balloons
- Consumer Goods
This section covers synthetic polyisoprene rubber market for the regions North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Regional segmentation has been done based on the present and future trends in the global synthetic polyisoprene rubber market along with the individual application segment across all the prominent region.
Global Synthetic Polyisoprene Rubber Market Share by Region (Representative Graph)
This research report also includes profiles of major companies operating in the global market. Some of the prominent players operating in the global Synthetic Polyisoprene Rubber market are 3M Company, Ansell Limited, Dipped Products Plc, Hartalega Holdings Berhad, Johnson Wilshire Inc., JSR Corporation, Kossan Rubber Industries Bhd, Kraton Corporation, Protective Industrial Products, Inc., Rubberex Corporation (M) Bhd., SEMPERIT AG HOLDING, Smart Glove Corporation Sdn. Bhd., Southern Glove, Inc., Top Glove Corporation Bhd, Uvex Winter Holding GmbH & Co. KG, and others. This section cover profiling of major players in terms of important aspects such as company overview, financial overview, business strategy, and recent developments undertaken during the forecast horizon.
The projections featured in the report have been derived by using primary and secondary research. Secondary research has been carried out by using various sources which include (but not limited to) Corporate Websites, Paid Data Sources, Technical Journals, Financial Reports, SEC Filings, and other different trade publications.
If specific information is required which is not currently within the scope of the report, it can be provided as a part of customization.