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Asia Pacific Isoprene Market Size, Share & Industry Trends Analysis Report By Grade (Polymer Grade, and Chemical Grade, By Application (Tires, Adhesives, Industrial Rubber, and Others), By Country and Growth Forecast, 2023 - 2030

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    Report

  • 122 Pages
  • December 2023
  • Region: Asia Pacific
  • Marqual IT Solutions Pvt. Ltd (KBV Research)
  • ID: 5916829
The Asia Pacific Isoprene Market would witness market growth of 7.8% CAGR during the forecast period (2023-2030). In the year 2021, the Asia Pacific market's volume surged to 1248.6 Kilo Tonnes, showcasing a growth of 6.3% (2019-2022).

Adopting isoprene spans many industries, driven by its diverse applications and the unique properties it imparts to end products. The rubber industry is a major consumer of isoprene, with synthetic rubber production being a key contributor. The versatility of isoprene is evident in its adoption in the adhesives and sealants industry, where its adhesive properties are harnessed for bonding materials in construction, packaging, and other sectors. The medical field relies on isoprene to produce medical-grade rubber, ensuring the safety and efficacy of healthcare products.

Furthermore, the flavors and fragrances industry leverages isoprene to create a sensory experience in various consumer goods. The growth of end-use industries, and the continual development of new applications propels the adoption of isoprene. As emerging economies witness industrialization and infrastructure development, the demand for isoprene will likely witness an upward trajectory.

It is utilized to synthesize aroma compounds, which are essential for creating distinctive flavors and fragrances in China. The growth of China's flavors and fragrances sector leads to an increased demand for various aroma compounds, thereby driving the need for isoprene. The flavors and fragrances sector are closely linked to the consumer goods industry, including perfumes, cosmetics, toiletries, and food and beverage items in China. The growth of the consumer goods industry in China contributes to the demand for isoprene-derived compounds in the formulation of scents and flavors. All these factors will boost the regional market’s expansion in coming years.

The China market dominated the Asia Pacific Isoprene Market, By Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $1,333.3 million by 2030, The India market is registering a CAGR of 8% during (2023 - 2030). Additionally, The Japan market would showcase a CAGR of 7.3% during (2023 - 2030).

Based on Grade, the market is segmented into Polymer Grade, and Chemical Grade. Based on Application, the market is segmented into Tires, Adhesives, Industrial Rubber, and Others. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.

The market research report covers the analysis of key stakeholders of the market. Key companies profiled in the report include Shell plc, LyondellBasell Industries Holdings B.V., Kuraray Co., Ltd., Exxon Mobil Corporation, Shandong Baomo Biochemical Co., Ltd., Braskem SE (Odebrecht S.A), Chevron Phillips Chemical Company LLC, Pon Pure Chemicals Group (Pure Chemicals Co), China Petrochemical Corporation (Sinopec Group), and The Dow Chemical Company.

Scope of the Study

Market Segments Covered in the Report:

By Grade (Volume, Kilo Tonnes, USD Billion, 2019-2030)
  • Polymer Grade
  • Chemical Grade
By Application (Volume, Kilo Tonnes, USD Billion, 2019-2030)
  • Tires
  • Adhesives
  • Industrial Rubber
  • Others
By Country (Volume, Kilo Tonnes, USD Billion, 2019-2030)
  • China
  • Japan
  • India
  • South Korea
  • Singapore
  • Malaysia
  • Rest of Asia Pacific

Key Market Players

List of Companies Profiled in the Report:


  • Shell plc
  • LyondellBasell Industries Holdings B.V.
  • Kuraray Co., Ltd.
  • Exxon Mobil Corporation
  • Shandong Baomo Biochemical Co., Ltd.
  • Braskem SE (Odebrecht S.A)
  • Chevron Phillips Chemical Company LLC
  • Pon Pure Chemicals Group (Pure Chemicals Co)
  • China Petrochemical Corporation (Sinopec Group)
  • The Dow Chemical Company

Unique Offerings

  • Exhaustive coverage
  • The highest number of Market tables and figures
  • Subscription-based model available
  • Guaranteed best price
  • Assured post sales research support with 10% customization free

Table of Contents

Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 Asia Pacific Isoprene Market, by Grade
1.4.2 Asia Pacific Isoprene Market, by Application
1.4.3 Asia Pacific Isoprene Market, by Country
1.5 Methodology for the research
Chapter 2. Market at a Glance
2.1 Key Highlights
Chapter 3. Market Overview
3.1 Introduction
3.1.1 Overview
3.1.1.1 Market Composition and Scenario
3.2 Key Factors Impacting the Market
3.2.1 Market Drivers
3.2.2 Market Restraints
3.3 Porter’s Five Forces Analysis
Chapter 4. Asia Pacific Isoprene Market, By Grade
4.1 Asia Pacific Polymer Grade Market, By Country
4.2 Asia Pacific Chemical Grade Market, By Country
Chapter 5. Asia Pacific Isoprene Market, By Application
5.1 Asia Pacific Tires Market, By Country
5.2 Asia Pacific Adhesives Market, By Country
5.3 Asia Pacific Industrial Rubber Market, By Country
5.4 Asia Pacific Others Market, By Country
Chapter 6. Asia Pacific Isoprene Market, By Country
6.1 China Isoprene Market
6.1.1 China Isoprene Market, By Grade
6.1.2 China Isoprene Market, By Application
6.2 India Isoprene Market
6.2.1 India Isoprene Market, By Grade
6.2.2 India Isoprene Market, By Application
6.3 Japan Isoprene Market
6.3.1 Japan Isoprene Market, By Grade
6.3.2 Japan Isoprene Market, By Application
6.4 South Korea Isoprene Market
6.4.1 South Korea Isoprene Market, By Grade
6.4.2 South Korea Isoprene Market, By Application
6.5 Singapore Isoprene Market
6.5.1 Singapore Isoprene Market, By Grade
6.5.2 Singapore Isoprene Market, By Application
6.6 Malaysia Isoprene Market
6.6.1 Malaysia Isoprene Market, By Grade
6.6.2 Malaysia Isoprene Market, By Application
6.7 Rest of Asia Pacific Isoprene Market
6.7.1 Rest of Asia Pacific Isoprene Market, By Grade
6.7.2 Rest of Asia Pacific Isoprene Market, By Application
Chapter 7. Company Profiles
7.1 Shell plc
7.1.1 Company Overview
7.1.2 Financial Analysis
7.1.3 Segmental and Regional Analysis
7.1.4 Research & Development Expenses
7.1.5 SWOT Analysis
7.2 LyondellBasell Industries Holdings B.V.
7.2.1 Company Overview
7.2.2 Financial Analysis
7.2.3 Segmental and Regional Analysis
7.2.4 Research & Development Expenses
7.2.5 SWOT Analysis
7.3 Kuraray Co., Ltd.
7.3.1 Company Overview
7.3.2 Financial Analysis
7.3.3 Segmental and Regional Analysis
7.3.4 Recent strategies and developments:
7.3.4.1 Partnerships, Collaborations, and Agreements:
7.3.4.2 Geographical Expansions:
7.3.5 SWOT Analysis
7.4 Exxon Mobil Corporation
7.4.1 Company Overview
7.4.2 Financial Analysis
7.4.3 Segmental and Regional Analysis
7.4.4 Research & Development Expenses
7.4.5 Recent strategies and developments:
7.4.5.1 Partnerships, Collaborations, and Agreements:
7.4.6 SWOT Analysis
7.5 Shandong Baomo Biochemical Co., Ltd.
7.5.1 Company Overview
7.5.2 SWOT Analysis
7.6 Braskem S.A. (Odebrecht S.A)
7.6.1 Company Overview
7.6.2 Financial Analysis
7.6.3 Segmental Analysis
7.6.4 Research & Development Expenses
7.6.5 Recent strategies and developments:
7.6.5.1 Partnerships, Collaborations, and Agreements:
7.6.6 SWOT Analysis
7.7 Chevron Phillips Chemical Company LLC
7.7.1 Company Overview
7.7.2 Financial Analysis
7.7.3 SWOT Analysis
7.8 Pon Pure Chemicals Group (Pure Chemicals Co)
7.8.1 Company Overview
7.8.2 SWOT Analysis
7.9 China Petrochemical Corporation (Sinopec Group)
7.9.1 Company Overview
7.9.2 Financial Analysis
7.9.3 Research & Development Expenses
7.9.4 SWOT Analysis
7.10. The Dow Chemical Company
7.10.1 Company Overview
7.10.2 Financial Analysis
7.10.3 Segmental and Regional Analysis
7.10.4 Research & Development Expenses
7.10.5 SWOT Analysis

Companies Mentioned

  • Shell plc
  • LyondellBasell Industries Holdings B.V.
  • Kuraray Co., Ltd.
  • Exxon Mobil Corporation
  • Shandong Baomo Biochemical Co., Ltd.
  • Braskem SE (Odebrecht S.A)
  • Chevron Phillips Chemical Company LLC
  • Pon Pure Chemicals Group (Pure Chemicals Co)
  • China Petrochemical Corporation (Sinopec Group)
  • The Dow Chemical Company

Methodology

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