Global Isoprene Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Type;

Polymer Grade and Chemical Grade.

By Application;

Polyisoprene, Styrene-isoprene Styrene, and Isobutyl-isoprene Rubber.

By End-User Industry;

Automotive, Personal Care, Construction, Medical, and Others.

By Geography;

North America, Europe, Asia Pacific, Middle East and Africa and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn127112849 Published Date: March, 2025 Updated Date: April, 2025

Introduction

Global Isoprene Market (USD Million), 2021 - 2031

In the year 2024, the Global Isoprene Market was valued at USD 3,122.63 million. The size of this market is expected to increase to USD 5,014.27 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 7.0%.

The global isoprene market serves as a critical component in the production of a wide array of synthetic rubber and chemical products, playing a pivotal role in various industries worldwide. Isoprene, a colorless liquid hydrocarbon, is primarily derived from petroleum or through the thermal cracking of natural gas liquids. It serves as a key building block in the synthesis of polyisoprene rubber, also known as synthetic isoprene rubber, which finds extensive use in tire manufacturing due to its excellent abrasion resistance, elasticity, and low-temperature performance. Isoprene is a vital precursor in the production of other synthetic rubbers such as styrene-butadiene rubber (SBR), polybutadiene rubber (BR), and butyl rubber, which are utilized in applications ranging from automotive components to industrial products.

The global isoprene market is driven by the growing demand for synthetic rubber in tire manufacturing, as well as in the production of adhesives, sealants, coatings, and elastomers across various end-use industries. With the expansion of the automotive sector, particularly in emerging economies, the demand for tires and rubber-based components continues to rise, bolstering the consumption of isoprene as a raw material. The versatility of synthetic rubber in applications such as construction, consumer goods, and healthcare further contributes to the steady growth of the isoprene market, as manufacturers seek high-performance materials with superior mechanical properties and durability.

Advancements in process technology and sustainability initiatives are reshaping the landscape of the global isoprene market, driving innovation and investment in alternative production methods and bio-based sources. Renewable feedstocks such as biomass-derived isoprene and bio-based isoprene produced from bio-ethanol fermentation offer environmentally friendly alternatives to petroleum-based isoprene, reducing reliance on fossil fuels and mitigating carbon emissions. As industries continue to prioritize sustainability and seek greener alternatives, the adoption of bio-based isoprene is expected to gain traction, shaping the future of the global isoprene market towards a more sustainable and resilient industry landscape.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Type
    2. Market Snapshot, By Application
    3. Market Snapshot, By End-User Industry
    4. Market Snapshot, By Region
  4. Global Isoprene Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Tire Manufacturing
        2. Automotive Sector
        3. Synthetic Rubber
      2. Restraints
        1. Environmental regulations
        2. Price volatility
        3. Supply chain disruptions
      3. Opportunities
        1. Tire Manufacturing
        2. Automotive Sector
        3. Bio-based Isoprene
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Global Isoprene Market, By Type, 2021 - 2031 (USD Million)
      1. Polymer Grade
      2. Chemical Grade
    2. Global Isoprene Market, By Application, 2021 - 2031 (USD Million)
      1. Polyisoprene
      2. Styrene-isoprene Styrene
      3. Isobutyl-isoprene Rubber
    3. Global Isoprene Market, By End-User Industry, 2021 - 2031 (USD Million)
      1. Automotive
      2. Personal Care
      3. Construction
      4. Medical
      5. Others
    4. Global Isoprene Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia/New Zealand
        5. South Korea
        6. ASEAN
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Shell Plc
      2. LyondellBasell Industries Holdings B.V.
      3. Kuraray Co., Ltd.
      4. ExxonMobil Corporation
      5. Shandong Yuhuang Chemical Group Co., Ltd
      6. Braskem
      7. Chevron Phillips Chemical Company LLC
      8. China Petrochemical Corporation
      9. LOTTE Chemical Corporation
  7. Analyst Views
  8. Future Outlook of the Market