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Isoprene Rubber (IR) Latex Market Share

Report ID: GMI2880
Published Date: Oct 2024
Report Format: PDF

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Isoprene Rubber Latex Market Share

$Isoprene Rubber Latex Market Company Share, (2023)$

Companies in the isoprene rubber (IR) latex industry are using several strategies to grow and stay competitive. They are focusing on creating new, environmentally friendly products through research and development. These companies are also forming partnerships with healthcare and industrial businesses to reach more customers and find new uses for their products. They are expanding into new markets in Asia Pacific and Latin America where demand is increasing. Additionally, they are using online marketing and sales platforms to connect with customers better and make it easier for them to buy their products.

Isoprene Rubber Latex Market Companies

Top companies operating in the industry include:

Ansell Limited
Hartalega Holdings
JSR Corporation
Kossan Rubber Industries
Kraton Corporation
Sibur
Rubberex
Shell plc
Zeon Corporation

Authors: Kiran Pulidindi, Kunal Ahuja

Frequently Asked Questions (FAQ) :

The global market size for isoprene rubber latex was valued at USD 268.8 million in 2023 and is projected to grow at a 4.4% CAGR from 2024 to 2032, driven by its excellent elasticity, strength, and wear resistance.

The market share of isoprene rubber latex in medical applications is projected to grow at a CAGR of around 3.9% through 2032, reaching a size of USD 319.4 million, driven by increased demand for safe and high-quality healthcare materials.

Asia Pacific market is projected to reach approximately USD 303 million, growing at a CAGR of 4.5% from 2024 to 2032, due to high demand from the healthcare, automotive, and consumer goods sectors.

Top companies operating in the isoprene rubber latex industry include Ansell Limited, Hartalega Holdings, JSR Corporation, Kossan Rubber Industries, Kraton Corporation, Sibur, Rubberex, Shell plc, and Zeon Corporation.