Chemicals Industry Today
Isoprene Rubber (IR) Market :Industry Analysis, Segmentation and Forecast to 2025
Isoprene rubber (IR) is a polymer of synthetic isoprene. It combines the key qualities of natural rubber such as good mechanical properties and hysteresis with superior features such as high purity, excellent clarity, good flow, low gel content, no nitrosamines, and no natural rubber proteins. The IR products are widely used in tire, medical products, conveyor belts and others.
In addition, polyisoprene elastomer is equivalent to isoprene rubber (IR).
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The isoprene rubber industry is easily affected by the price of the natural rubber crude oil and natural gas. The natural rubber is an alternative of IR products, with the same price trends in the past few years. The price of natural rubber changed intensely since 2011, which lead to the fluctuation of IR price.
The major raw material for isoprene rubber is isoprene. On the global market, supply of raw materials is full. Fluctuations in the price of the upstream product will impact on the production cost of isoprene rubber industry.
For product prices, the slow downward trend in recent years will maintain in the future as competition intensifies. Besides, prices gap between different brands will go narrowing gradually. Also, there will be fluctuation in gross margin.
The global Isoprene Rubber (IR) market is valued at xx million US$ in 2017 and will reach xx million US$ by the end of 2025, growing at a CAGR of xx% during 2018-2025.
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The major manufacturers covered in this report
Tpi New Material
Geographically, this report studies the top producers and consumers, focuses on product capacity, production, value, consumption, market share and growth opportunity in these key regions, covering
Other Regions (India, Southeast Asia, Central & South America and Middle East & Africa)