Global Polyisoprene Elastomers market cagr 6.5%

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Polyisoprene Elastomers Market

Polyisoprene Elastomers Market Scope: Industry

Analysis, Market Size, Growth, Trends Till 2031

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Polyisoprene Elastomers Market Size and Growth

The Polyisoprene Elastomers market is experiencing significant growth, driven by rising demand in automotive, medical, and consumer goods sectors. The global market size is projected to reach approximately $2.5 billion by 2025, fueled by advancements in manufacturing processes and increasing applications in various industries. Market conditions indicate strong innovation and competitive dynamics.

Companies Covered

(Covid 19 Impact Covered)

◍ Zeon Chemicals

◍ Goodyear Chemicals

◍ JSR

◍ Kuraray

◍ Kraton

◍ DuPont

◍ ExxonMobil

◍ Kraton

◍ Mitsui Chemical

The polyisoprene elastomers market features companies like Zeon Chemicals, Goodyear Chemicals, and DuPont, utilizing these elastomers in various applications such as tires and medical devices. Their innovation and product development enhance market growth. Notable sales figures include:

- DuPont: $20 billion

- ExxonMobil: $413 billion

- Kraton: $1.2 billion.

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Market Segmentation

By Application

◍ Automotive

◍ Healthcare

◍ Construction

◍ Adhesive & Sealant

◍ Others

By Product

◍ 1,2 - polyisoprene

◍ trans 1,4 polyisoprene

◍ cis-1,4 - polyisoprene

◍ 3,4 polyisoprene

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Market Growth

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$ X Billion USD

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