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Isoprene Rubber (IR) Latex Market Share

  • Report ID: GMI2880
  • Published Date: Apr 2020
  • Report Format: PDF

Isoprene Rubber Latex Market Share

Geographic expansion has been the strategy adopted by companies in order to increase their industry foothold. For instance, In July 2018, Kuraray entered into a contract with PTT Global Chemical Public Company Ltd. and Sumitomo Corporation to establish a joint venture company, Kuraray GC Advanced Materials in Thailand. This would help the company to expand its geographical presence and boost the isoprene rubber latex market growth strategy.
 

The industry ecosystem is fairly consolidated with major players accounting for a dominant share of the business in 2019. Key operating in the isoprene rubber latex industry includes:

  • Kraton Corporation
  • Puyang Linshi Chemical & New Material Co., Ltd
  • Kent Elastomer Products Inc
  • Kuraray Co., Ltd
  • JSR Corporation.
Authors: Kiran Pulidindi

Frequently Asked Questions (FAQ) :

The global isoprene rubber latex industry is expected to achieve $320 million by 2026 and is poised to record over 4.5% CAGR.

Increasing medical gloves demand in the healthcare sector and rising condom demand across the globe are major key factors expected to drive the growth of global market.

Kraton Corporation, Puyang Linshi Chemical & New Material Co., Ltd. Kent Elastomer Products, Inc., Kuraray Co., Ltd., and JSR Corporation. are some of the top contributors in the industry.

The medical gloves application segment registered a major share in 2019 and is projected to record a remarkable growth rate throughout the forecast period.

Isoprene Rubber Latex Market Scope

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Premium Report Details

  • Base Year: 2019
  • Companies covered: 5
  • Tables & Figures: 194
  • Countries covered: 21
  • Pages: 170
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