Triton Market Research’s report states that the Europe isoprene market will display a compound annual growth rate of 7.78% in revenue and 5.28% in volume during 2023-2030. Poland, Germany, Italy, the United Kingdom, Spain, France, and the Rest of Europe are taken into consideration in the region.
In the United Kingdom, vehicle production has witnessed significant growth due to substantial investments by automakers and the international success of key models. This expansion is particularly supported by Jaguar Land Rover and Nissan, while MINI, Vauxhall, Toyota, and Honda’s investment in new models, contributing to the overall output increase. As the automotive industry continues to grow, there is a likelihood of increased demand and adoption of sustainable tires and other automotive components. This, in turn, is expected to drive up the demand for isoprene, which is likely to have a positive impact on the isoprene market during the forecast period.
Further, in Spain, the increasing demand for isoprene rubber for various applications and the import-export activities of isoprene are among the key factors expected to drive the growth of the isoprene market during the forecast period. Major destinations for Spain’s isoprene rubber exports are Portugal, France, and the Netherlands. Therefore, the rise in exports and growing application scope fuels the isoprene market’s expansion across the nation. Competitive Outlook The key companies listed in the isoprene market include Shell Plc, Kuraray Co Ltd, Exxon Mobil Corporation, Braskem, and Chevron Phillips Chemical Company LLC.
1. Europe Isoprene Market - Summary
2. Industry Outlook
2.1. Market History
2.2. Impact Analysis On The Isoprene Market
2.2.1. Covid-19 Impact
2.2.2. Ukraine-russia War Impact
2.3. Porter’s Five Forces Analysis
2.3.1. Threat Of New Entrants
2.3.2. Threat Of Substitutes
2.3.3. Bargaining Power Of Buyers
2.3.4. Bargaining Power Of Suppliers
2.3.5. Threat Of Competitive Rivalry
2.4. Market Maturity Analysis
2.5. Industry Components
2.5.1. Raw Material Suppliers
2.5.2. Manufacturers
2.5.3. Distributors
2.5.4. Application
2.5.5. End-user
2.6. Regulatory Framework
2.7. Key Buying Impact Analysis
2.7.1. Elasticity
2.7.2. Tensile Strength
2.7.3. Abrasion Resistance
2.7.4. Purity
2.8. Key Market Strategies
2.8.1. Collaborations
2.8.2. Product Launches
2.8.3. Mergers & Acquisitions
2.8.4. Business Expansions
2.9. Market Drivers
2.9.1. Increasing Tire Demand In The Automotive Industry
2.9.2. Significant Demand In The Rubber Sector
2.9.3. Demand And Applications Of Polyisoprene Rubber In The Medical Industry
2.10. Market Challenges
2.10.1. Fluctuations In Raw Material Prices
2.10.2. Regulations In The Rubber Manufacturing Industry
2.11. Market Opportunities
2.11.1. Emergence Of Bio-based Isoprene
2.11.2. Growth In The Footwear Industry
2.11.3. Significant Research And Development Activities
2.12. Analyst Perspective
3. Europe Isoprene Market – By Grade
3.1. Polymer Grade
3.2. Chemical Grade
4. Europe Isoprene Market – By Usability
4.1. Polyisoprene
4.2. Styrene-isoprene Styrene
4.3. Isobutylene-isoprene Rubber
4.4. Other Usability
5. Europe Isoprene Market – By End-user
5.1. Tires
5.2. Non-tires/Industrial Rubber
5.3. Adhesives
5.4. Other End-users
6. Europe Isoprene Market – By Country Outlook
6.1. Country Analysis
6.1.1. United Kingdom
6.1.1.1. United Kingdom Isoprene Market Forecast & Prospects