Market by Grade, Usability, End-user, and Country Outlook | Forecast 2023-2030
Triton’s report displays that the isoprene market in the Middle East and Africa is anticipated to advance with a CAGR of 5.74% in value and 3.28% in volume during the forecasting years 2023-2030.
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The
countries examined in the region comprise:
•
United Arab Emirates
•
Saudi Arabia
•
Turkey
•
South Africa
•
Rest of Middle East & Africa
In recent years, the region has witnessed noteworthy advancements in the
automotive and rubber industries, leading to a surge in the demand for
isoprene. However, fluctuations in crude oil prices and concerns regarding the
health effects of isoprene may hinder the market’s growth in the Middle East
& Africa. Nevertheless, the increased imports and exports of isoprene and
its products are expected to bolster market growth over the forecast period.
The United Arab Emirates is expected to witness
the fastest growth over the forecast period. The automotive industry has experienced
substantial growth, expected to positively impact the isoprene market
throughout the forecast period. According to industry sources, the UAE’s total
sales of passenger cars rose to around 310 thousand units in 2022. This upward
trend is projected to continue, with sales predicted to reach 522 thousand units
by 2026, thereby fueling the adoption of isoprene polymer.
Isoprene adhesives, known for their flexibility, are employed to close
gaps or join items on surfaces or seams in various industries, including
aerospace, military, automotive, medical, electrical, and marine. These
adhesives establish a bond between similar yet distinct materials. The
transportation, consumer products, construction, labeling, assembly, and
packaging industries utilize isoprene adhesives. Additionally, these adhesives
find applications in various medical products like catheters, tapes, dressings,
and drapes.
The market is segmented based on usability,
end-user, and grade.
The usability section includes adhesives, tires, industrial rubber, and other
end-users.
Key players in the isoprene adhesive industry include The DOW Chemical
Company, 3M Company, Huntsman Corp., Henkel AG & Company, Bostik China Co.,
Ltd., Sika AG, KGAA, Lord Corporation, Permabond Llc, HB Fuller CO., Chadha
Corporation Pvt. Ltd., and others.
The demand for adhesives in developing countries like India, China, and
Thailand, especially in the automotive, building, and construction industries,
is expected to drive the market for isoprene.
Some
of the well-known companies in the market are Exxon Mobil Corporation, Braskem,
Kuraray Co Ltd, and China Petrochemical Corporation (Sinopec).
Exxon Mobil Corporation is an oil and gas organization. The company’s
primary brands include Esso, Exxon, Mobil, and ExxonMobil Chemical, which deals
with plastic, synthetic rubber, and other chemical products. ExxonMobil
operates through three business divisions: upstream, downstream, and chemical.
It is involved in the exploration, production, transportation, trading, and
sale of natural gas, petroleum products, crude oil, petrochemicals, and various
specialty products. It has a global presence, including in the Middle East and
Africa.
Key deliverables of the report:
●
Market CAGR during the forecasting years 2023-2030
●
Detailed data highlighting key insights, industry components, and
market strategies
●
Comprehensive information and estimation of the isoprene market
revenue growth in the Middle East and Africa and its influence on the parent
market
●
In-depth study of forthcoming trends in consumer behavioral
patterns
●
A meticulous analysis of the competitive landscape, vendor
scorecard, and Porter’s Five Forces
●
A wide-ranging study of factors that will challenge the Middle
East and Africa isoprene market’s growth during the upcoming years
Want to get specific insights? Our team of
analysts can customize this report based on your preferences. Connect with us here.
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VIEW REPORT1. MIDDLE
EAST AND AFRICA ISOPRENE MARKET - SUMMARY
2. INDUSTRY
OUTLOOK
2.1. MARKET
HISTORY
2.2. IMPACT
ANALYSIS ON THE ISOPRENE MARKET
2.2.1. COVID-19
IMPACT
2.2.2. UKRAINE-RUSSIA
WAR IMPACT
2.3. PORTER’S
FIVE FORCES ANALYSIS
2.3.1. THREAT
OF NEW ENTRANTS
2.3.2. THREAT
OF SUBSTITUTES
2.3.3. BARGAINING
POWER OF BUYERS
2.3.4. BARGAINING
POWER OF SUPPLIERS
2.3.5. THREAT
OF COMPETITIVE RIVALRY
2.4. MARKET
MATURITY ANALYSIS
2.5. INDUSTRY
COMPONENTS
2.5.1. RAW
MATERIAL SUPPLIERS
2.5.2. MANUFACTURERS
2.5.3. DISTRIBUTORS
2.5.4. APPLICATION
2.5.5. END-USER
2.6. REGULATORY
FRAMEWORK
2.7. KEY
BUYING IMPACT ANALYSIS
2.7.1. ELASTICITY
2.7.2. TENSILE
STRENGTH
2.7.3. ABRASION
RESISTANCE
2.7.4. PURITY
2.8. KEY
MARKET STRATEGIES
2.8.1. COLLABORATIONS
2.8.2. PRODUCT
LAUNCHES
2.8.3. MERGERS
& ACQUISITIONS
2.8.4. BUSINESS
EXPANSIONS
2.9. MARKET
DRIVERS
2.9.1. INCREASING
TIRE DEMAND IN THE AUTOMOTIVE INDUSTRY
2.9.2. SIGNIFICANT
DEMAND IN THE RUBBER SECTOR
2.9.3. DEMAND
AND APPLICATIONS OF POLYISOPRENE RUBBER IN THE MEDICAL INDUSTRY
2.10. MARKET
CHALLENGES
2.10.1. FLUCTUATIONS
IN RAW MATERIAL PRICES
2.10.2. REGULATIONS
IN THE RUBBER MANUFACTURING INDUSTRY
2.11. MARKET
OPPORTUNITIES
2.11.1. EMERGENCE
OF BIO-BASED ISOPRENE
2.11.2. GROWTH
IN THE FOOTWEAR INDUSTRY
2.11.3. SIGNIFICANT
RESEARCH AND DEVELOPMENT ACTIVITIES
2.12. ANALYST
PERSPECTIVE
3. MIDDLE
EAST AND AFRICA ISOPRENE MARKET – BY GRADE
3.1. POLYMER
GRADE
3.2. CHEMICAL
GRADE
4. MIDDLE
EAST AND AFRICA ISOPRENE MARKET – BY USABILITY
4.1. POLYISOPRENE
4.2. STYRENE-ISOPRENE
STYRENE
4.3. ISOBUTYLENE-ISOPRENE
RUBBER
4.4. OTHER
USABILITY
5. MIDDLE
EAST AND AFRICA ISOPRENE MARKET – BY END-USER
5.1. TIRES
5.2. NON-TIRES/INDUSTRIAL
RUBBER
5.3. ADHESIVES
5.4. OTHER
END-USERS
6. MIDDLE
EAST AND AFRICA ISOPRENE MARKET – BY COUNTRY OUTLOOK
6.1. COUNTRY
ANALYSIS
6.1.1. UNITED
ARAB EMIRATES
6.1.1.1. UNITED
ARAB EMIRATES ISOPRENE MARKET FORECAST & PROSPECTS
6.1.2. TURKEY
6.1.2.1. TURKEY
ISOPRENE MARKET FORECAST & PROSPECTS
6.1.3. SAUDI
ARABIA
6.1.3.1. SAUDI ARABIA
ISOPRENE MARKET FORECAST & PROSPECTS
6.1.4. SOUTH
AFRICA
6.1.4.1. SOUTH
AFRICA ISOPRENE MARKET FORECAST & PROSPECTS
6.1.5. REST
OF MIDDLE EAST & AFRICA
6.1.5.1. REST
OF MIDDLE EAST & AFRICA ISOPRENE MARKET FORECAST & PROSPECTS
7. COMPETITIVE
LANDSCAPE
7.1. SHELL
PLC
7.1.1. OVERVIEW
7.1.2. PRODUCT
PORTFOLIO
7.1.3. KEY
STRENGTHS
7.1.4. KEY
CHALLENGES
7.2. LYONDELLBASELL
INDUSTRIES HOLDINGS BV
7.2.1. OVERVIEW
7.2.2. PRODUCT
PORTFOLIO
7.2.3. KEY
STRENGTHS
7.2.4. KEY
CHALLENGES
7.3. KURARAY
CO LTD
7.3.1. OVERVIEW
7.3.2. PRODUCT
PORTFOLIO
7.3.3. KEY
STRENGTHS
7.3.4. KEY
CHALLENGES
7.4. CHEVRON
PHILLIPS CHEMICAL COMPANY LLC
7.4.1. OVERVIEW
7.4.2. PRODUCT
PORTFOLIO
7.4.3. KEY
STRENGTHS
7.4.4. KEY
CHALLENGES
7.5. BRASKEM
7.5.1. OVERVIEW
7.5.2. PRODUCT
PORTFOLIO
7.5.3. KEY
STRENGTHS
7.5.4. KEY
CHALLENGES
7.6. EXXON MOBIL
CORPORATION
7.6.1. OVERVIEW
7.6.2. PRODUCT
PORTFOLIO
7.6.3. KEY
STRENGTHS
7.6.4. KEY
CHALLENGES
7.7. CHINA
PETROCHEMICAL CORPORATION (SINOPEC)
7.7.1. OVERVIEW
7.7.2. PRODUCT
PORTFOLIO
7.7.3. KEY
STRENGTHS
7.7.4. KEY
CHALLENGES
7.8. THE
GOODYEAR TIRE AND RUBBER COMPANY
7.8.1. OVERVIEW
7.8.2. PRODUCT
PORTFOLIO
7.8.3. KEY
STRENGTHS
7.8.4. KEY
CHALLENGES
7.9. THE
DOW CHEMICAL COMPANY
7.9.1. OVERVIEW
7.9.2. PRODUCT
PORTFOLIO
7.9.3. KEY
STRENGTHS
7.9.4. KEY
CHALLENGES
7.10. JSR
CORPORATION
7.10.1. OVERVIEW
7.10.2. PRODUCT
PORTFOLIO
7.10.3. KEY
STRENGTHS
7.10.4. KEY
CHALLENGES
8. RESEARCH
METHODOLOGY & SCOPE
8.1. RESEARCH
SCOPE & DELIVERABLES
8.2. SOURCES
OF DATA
8.3. RESEARCH
METHODOLOGY
TABLE
1: MIDDLE EAST AND AFRICA ISOPRENE
MARKET, BY COUNTRY OUTLOOK, 2023-2030 (IN $ MILLION)
TABLE
2: MIDDLE EAST AND AFRICA ISOPRENE
MARKET, BY COUNTRY OUTLOOK, 2023-2030 (IN KILOTON)
TABLE
3: REGULATORY FRAMEWORK
TABLE
4: LIST OF COLLABORATIONS
TABLE
5: LIST OF PRODUCT LAUNCHES
TABLE
6: LIST OF MERGERS & ACQUISITIONS
TABLE
7: LIST OF BUSINESS EXPANSIONS
TABLE
8: MIDDLE EAST AND AFRICA ISOPRENE
MARKET, BY GRADE, 2023-2030 (IN $ MILLION)
TABLE
9: MIDDLE EAST AND AFRICA ISOPRENE
MARKET, BY GRADE, 2023-2030 (IN KILOTON)
TABLE
10: MIDDLE EAST AND AFRICA ISOPRENE
MARKET, BY USABILITY, 2023-2030 (IN $ MILLION)
TABLE
11: MIDDLE EAST AND AFRICA ISOPRENE
MARKET, BY USABILITY, 2023-2030 (IN KILOTON)
TABLE
12: MIDDLE EAST AND AFRICA ISOPRENE
MARKET, BY END-USER, 2023-2030 (IN $ MILLION)
TABLE
13: MIDDLE EAST AND AFRICA ISOPRENE
MARKET, BY END-USER, 2023-2030 (IN KILOTON)
TABLE
14: MIDDLE EAST AND AFRICA ISOPRENE
MARKET, BY COUNTRY OUTLOOK, 2023-2030 (IN $ MILLION)
TABLE
15: MIDDLE EAST AND AFRICA ISOPRENE
MARKET, BY COUNTRY OUTLOOK, 2023-2030 (IN KILOTON)
FIGURE
1: MARKET MATURITY ANALYSIS
FIGURE
2: INDUSTRY COMPONENTS
FIGURE
3: KEY BUYING IMPACT ANALYSIS
FIGURE
4: MIDDLE EAST AND AFRICA ISOPRENE
MARKET, BY GRADE, 2022 & 2030 (IN %)
FIGURE
5: MIDDLE EAST AND AFRICA ISOPRENE
MARKET, BY POLYMER GRADE, 2023-2030 (IN $ MILLION)
FIGURE
6: MIDDLE EAST AND AFRICA ISOPRENE
MARKET, BY POLYMER GRADE, 2023-2030 (IN KILOTON)
FIGURE
7: MIDDLE EAST AND AFRICA ISOPRENE
MARKET, BY CHEMICAL GRADE, 2023-2030 (IN $ MILLION)
FIGURE
8: MIDDLE EAST AND AFRICA ISOPRENE
MARKET, BY CHEMICAL GRADE, 2023-2030 (IN KILOTON)
FIGURE
9: MIDDLE EAST AND AFRICA ISOPRENE
MARKET, BY USABILITY, 2022 & 2030 (IN %)
FIGURE
10: MIDDLE EAST AND AFRICA ISOPRENE
MARKET, BY POLYISOPRENE, 2023-2030 (IN $ MILLION)
FIGURE
11: MIDDLE EAST AND AFRICA ISOPRENE
MARKET, BY POLYISOPRENE, 2023-2030 (IN KILOTON)
FIGURE
12: MIDDLE EAST AND AFRICA ISOPRENE
MARKET, BY STYRENE-ISOPRENE STYRENE, 2023-2030 (IN $ MILLION)
FIGURE
13: MIDDLE EAST AND AFRICA ISOPRENE
MARKET, BY STYRENE-ISOPRENE STYRENE, 2023-2030 (IN KILOTON)
FIGURE
14: MIDDLE EAST AND AFRICA ISOPRENE
MARKET, BY ISOBUTYLENE-ISOPRENE RUBBER, 2023-2030 (IN $ MILLION)
FIGURE
15: MIDDLE EAST AND AFRICA ISOPRENE
MARKET, BY ISOBUTYLENE-ISOPRENE RUBBER, 2023-2030 (IN KILOTON)
FIGURE
16: MIDDLE EAST AND AFRICA ISOPRENE
MARKET, BY OTHER USABILITY, 2023-2030 (IN $ MILLION)
FIGURE
17: MIDDLE EAST AND AFRICA ISOPRENE
MARKET, BY OTHER USABILITY, 2023-2030 (IN KILOTON)
FIGURE
18: MIDDLE EAST AND AFRICA ISOPRENE
MARKET, BY END-USER, 2022 & 2030 (IN %)
FIGURE
19: MIDDLE EAST AND AFRICA ISOPRENE
MARKET, BY TIRES, 2023-2030 (IN $ MILLION)
FIGURE
20: MIDDLE EAST AND AFRICA ISOPRENE
MARKET, BY TIRES, 2023-2030 (IN KILOTON)
FIGURE
21: MIDDLE EAST AND AFRICA ISOPRENE
MARKET, BY NON-TIRES/INDUSTRIAL RUBBER, 2023-2030 (IN $ MILLION)
FIGURE
22: MIDDLE EAST AND AFRICA ISOPRENE
MARKET, BY NON-TIRES/INDUSTRIAL RUBBER, 2023-2030 (IN KILOTON)
FIGURE
23: MIDDLE EAST AND AFRICA ISOPRENE
MARKET, BY ADHESIVES, 2023-2030 (IN $ MILLION)
FIGURE
24: MIDDLE EAST AND AFRICA ISOPRENE
MARKET, BY ADHESIVES, 2023-2030 (IN KILOTON)
FIGURE
25: MIDDLE EAST AND AFRICA ISOPRENE
MARKET, BY OTHER END-USERS, 2023-2030 (IN $ MILLION)
FIGURE
26: MIDDLE EAST AND AFRICA ISOPRENE
MARKET, BY OTHER END-USERS, 2023-2030 (IN KILOTON)
FIGURE
27: MIDDLE EAST AND AFRICA ISOPRENE
MARKET, BY COUNTRY OUTLOOK, 2022 & 2030 (IN %)
FIGURE
28: UNITED ARAB EMIRATES ISOPRENE MARKET
2023-2030 (IN $ MILLION)
FIGURE
29: UNITED ARAB EMIRATES ISOPRENE MARKET
2023-2030 (IN KILOTON)
FIGURE
30: TURKEY ISOPRENE MARKET 2023-2030 (IN
$ MILLION)
FIGURE
31: TURKEY ISOPRENE MARKET 2023-2030 (IN
KILOTON)
FIGURE
32: SAUDI ARABIA ISOPRENE MARKET
2023-2030 (IN $ MILLION)
FIGURE
33: SAUDI ARABIA ISOPRENE MARKET
2023-2030 (IN KILOTON)
FIGURE
34: SOUTH AFRICA ISOPRENE MARKET
2023-2030 (IN $ MILLION)
FIGURE
35: SOUTH AFRICA ISOPRENE MARKET
2023-2030 (IN KILOTON)
FIGURE
36: REST OF MIDDLE EAST & AFRICA
ISOPRENE MARKET 2023-2030 (IN $ MILLION)
FIGURE
37: REST OF MIDDLE EAST & AFRICA
MARKET 2023-2030 (IN KILOTON)