Market by Grade, Usability, End-user, and Country Outlook | Forecast 2023-2030
According to Triton Market Research’s report, the isoprene market in North America is anticipated to advance with a compound annual growth rate of 7.40% in revenue and 4.91% in volume during the forecast period 2023-2030.
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The
countries studied in the region are:
•
United States
•
Canada
In North America, the demand for isoprene will
be driven by the strong industrial base and the automotive industry’s growth in
the United States. Additionally, demographic developments in the region are
contributing to the growth of the medical industry, which, in turn, is expected
to increase the demand for isoprene in pharmaceutical packaging. The growth of
nonresidential construction projects, including hospitals, schools, and
colleges, is predicted to boost the construction industry, thereby opening
avenues for the isoprene market.
The
United States leads with the highest share in the isoprene market. The presence of established players in the
automotive industry, along with the automotive aftermarket growth, is expected
to drive the industrial rubber and tire applications. Consequently, this will
lead to an increased demand for isoprene during the forecast period. Some major
tire companies serving customers in the United States include Michelin, Hankook
Tire, Bridgestone Americas, Toyo Tire & Rubber Company, and Yokohama Tire
Corp.
Furthermore, tire manufacturers in the United States have ramped up their
production of bus tires, passenger tires, light truck tires, and medium truck
tires in recent years, resulting in a higher demand for polyisoprene in the
market.
Polymer grade isoprene finds application in the production of
polyisoprene, utilized in manufacturing tires, mechanical and molded goods,
motor mounts, shock-absorber bushings, and pipe gaskets. The rising usage of
polyisoprene in various industrial products is expected to boost the demand for
polymer grade isoprene in the coming years. Furthermore, the increasing
preference for polyisoprene over natural rubber also contributes to the demand
for polymer grade isoprene.
The market segmentation includes grade,
end-user, and usability.
In terms of grade, it includes polymer and chemical grades.
The
players thriving in the market include Exxon Mobil Corporation, China
Petrochemical Corporation (Sinopec), The Goodyear Tire and Rubber Company, The
Dow Chemical Company, and JSR Corporation.
The Goodyear Tire and Rubber Company’s core business encompasses
retread, commercial, automotive, aviation, consumer, earthmover, and motorcycle
products. It manufactures, distributes, and markets tires for various
applications, including off-the-road, RV, racing, commercial trucks, and
aviation. It is also engaged in the marketing and manufacturing of
rubber-related chemicals, such as IR monomer, emulsion copolymer of butadiene
& styrene, and antiozonant. Additionally, the company has different
consumer tire brands like Fulda Tires, Sava Tires, Dunlop Tires, Kelly Tires,
and Debica Tires. It operates globally and is headquartered in Akron, Ohio,
United States.
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 North America 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 NA
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.
Market Segmented By Type, Appl ..
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Market By Raw Material, End-us ..
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Market by Technology, Type, En ..
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Market by Product, Industry Ve ..
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Market by Type, Material, Indu ..
VIEW REPORT1. NORTH
AMERICA 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. NORTH
AMERICA ISOPRENE MARKET – BY GRADE
3.1. POLYMER
GRADE
3.2. CHEMICAL
GRADE
4. NORTH
AMERICA ISOPRENE MARKET – BY USABILITY
4.1. POLYISOPRENE
4.2. STYRENE-ISOPRENE
STYRENE
4.3. ISOBUTYLENE-ISOPRENE
RUBBER
4.4. OTHER
USABILITY
5. NORTH
AMERICA ISOPRENE MARKET – BY END-USER
5.1. TIRES
5.2. NON-TIRES/INDUSTRIAL
RUBBER
5.3. ADHESIVES
5.4. OTHER
END-USERS
6. NORTH
AMERICA ISOPRENE MARKET – BY COUNTRY OUTLOOK
6.1. COUNTRY
ANALYSIS
6.1.1. UNITED
STATES
6.1.1.1. UNITED
STATES ISOPRENE MARKET FORECAST & PROSPECTS
6.1.2. CANADA
6.1.2.1. CANADA
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. EXXONMOBIL
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: NORTH AMERICA ISOPRENE MARKET, BY
COUNTRY OUTLOOK, 2023-2030 (IN $ MILLION)
TABLE
2: NORTH AMERICA 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: NORTH AMERICA ISOPRENE MARKET, BY
GRADE, 2023-2030 (IN $ MILLION)
TABLE
9: NORTH AMERICA ISOPRENE MARKET, BY
GRADE, 2023-2030 (IN KILOTON)
TABLE
10: NORTH AMERICA ISOPRENE MARKET, BY
USABILITY, 2023-2030 (IN $ MILLION)
TABLE
11: NORTH AMERICA ISOPRENE MARKET, BY
USABILITY, 2023-2030 (IN KILOTON)
TABLE
12: NORTH AMERICA ISOPRENE MARKET, BY
END-USER, 2023-2030 (IN $ MILLION)
TABLE
13: NORTH AMERICA ISOPRENE MARKET, BY
END-USER, 2023-2030 (IN KILOTON)
TABLE
14: NORTH AMERICA ISOPRENE MARKET, BY
COUNTRY OUTLOOK, 2023-2030 (IN $ MILLION)
TABLE
15: NORTH AMERICA 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: NORTH AMERICA ISOPRENE MARKET, BY
GRADE, 2022 & 2030 (IN %)
FIGURE
5: NORTH AMERICA ISOPRENE MARKET, BY
POLYMER GRADE, 2023-2030 (IN $ MILLION)
FIGURE
6: NORTH AMERICA ISOPRENE MARKET, BY
POLYMER GRADE, 2023-2030 (IN KILOTON)
FIGURE
7: NORTH AMERICA ISOPRENE MARKET, BY
CHEMICAL GRADE, 2023-2030 (IN $ MILLION)
FIGURE
8: NORTH AMERICA ISOPRENE MARKET, BY
CHEMICAL GRADE, 2023-2030 (IN KILOTON)
FIGURE
9: NORTH AMERICA ISOPRENE MARKET, BY
USABILITY, 2022 & 2030 (IN %)
FIGURE
10: NORTH AMERICA ISOPRENE MARKET, BY
POLYISOPRENE, 2023-2030 (IN $ MILLION)
FIGURE
11: NORTH AMERICA ISOPRENE MARKET, BY
POLYISOPRENE, 2023-2030 (IN KILOTON)
FIGURE
12: NORTH AMERICA ISOPRENE MARKET, BY
STYRENE-ISOPRENE STYRENE, 2023-2030 (IN $ MILLION)
FIGURE
13: NORTH AMERICA ISOPRENE MARKET, BY
STYRENE-ISOPRENE STYRENE, 2023-2030 (IN KILOTON)
FIGURE
14: NORTH AMERICA ISOPRENE MARKET, BY
ISOBUTYLENE-ISOPRENE RUBBER, 2023-2030 (IN $ MILLION)
FIGURE
15: NORTH AMERICA ISOPRENE MARKET, BY
ISOBUTYLENE-ISOPRENE RUBBER, 2023-2030 (IN KILOTON)
FIGURE
16: NORTH AMERICA ISOPRENE MARKET, BY
OTHER USABILITY, 2023-2030 (IN $ MILLION)
FIGURE
17: NORTH AMERICA ISOPRENE MARKET, BY
OTHER USABILITY, 2023-2030 (IN KILOTON)
FIGURE
18: NORTH AMERICA ISOPRENE MARKET, BY
END-USER, 2022 & 2030 (IN %)
FIGURE
19: NORTH AMERICA ISOPRENE MARKET, BY
TIRES, 2023-2030 (IN $ MILLION)
FIGURE
20: NORTH AMERICA ISOPRENE MARKET, BY
TIRES, 2023-2030 (IN KILOTON)
FIGURE
21: NORTH AMERICA ISOPRENE MARKET, BY
NON-TIRES/INDUSTRIAL RUBBER, 2023-2030 (IN $ MILLION)
FIGURE
22: NORTH AMERICA ISOPRENE MARKET, BY
NON-TIRES/INDUSTRIAL RUBBER, 2023-2030 (IN KILOTON)
FIGURE
23: NORTH AMERICA ISOPRENE MARKET, BY
ADHESIVES, 2023-2030 (IN $ MILLION)
FIGURE
24: NORTH AMERICA ISOPRENE MARKET, BY
ADHESIVES, 2023-2030 (IN KILOTON)
FIGURE
25: NORTH AMERICA ISOPRENE MARKET, BY
OTHER END-USERS, 2023-2030 (IN $ MILLION)
FIGURE
26: NORTH AMERICA ISOPRENE MARKET, BY
OTHER END-USERS, 2023-2030 (IN KILOTON)
FIGURE
27: NORTH AMERICA ISOPRENE MARKET, BY COUNTRY
OUTLOOK, 2022 & 2030 (IN %)
FIGURE
28: UNITED STATES ISOPRENE MARKET
2023-2030 (IN $ MILLION)
FIGURE
29: UNITED STATES ISOPRENE MARKET
2023-2030 (IN KILOTON)
FIGURE
30: CANADA ISOPRENE MARKET 2023-2030 (IN
$ MILLION)
FIGURE
31: CANADA ISOPRENE MARKET 2023-2030 (IN
KILOTON)