PUBLISHER: The Business Research Company | PRODUCT CODE: 1926965
PUBLISHER: The Business Research Company | PRODUCT CODE: 1926965
Isoprene, a clear, volatile liquid hydrocarbon, is acquired through coal tar or petroleum processing. Its primary application lies in the production of synthetic rubbers, specifically butyl and other types of synthetic rubbers utilized across industries.
Isoprene exists primarily in two grades such as polymer grade and chemical grade. Polymer grade isoprene, derived from enhanced propane, maintains a purity level of 99%. Its primary applications encompass various rubber types like polyisoprene (IR), styrene-isoprene-styrene (SIS), and isobutylene-isoprene rubber (IIR), serving diverse end-uses such as tire manufacturing, non-tire applications, adhesives, and more.
Note that the outlook for this market is being affected by rapid changes in trade relations and tariffs globally. The report will be updated prior to delivery to reflect the latest status, including revised forecasts and quantified impact analysis. The report's Recommendations and Conclusions sections will be updated to give strategies for entities dealing with the fast-moving international environment.
Tariffs are influencing the isoprene market by increasing costs of imported petrochemical feedstocks, processing equipment, storage systems, and transportation logistics. Tire manufacturing and chemical industries in North America and Europe are most affected due to dependence on imported intermediates, while Asia-Pacific faces export pricing pressure. These tariffs are impacting production costs and margins. However, they are also encouraging regional feedstock sourcing, domestic production expansion, and innovation in alternative isoprene synthesis routes.
The isoprene market research report is one of a series of new reports from The Business Research Company that provides isoprene market statistics, including isoprene industry global market size, regional shares, competitors with a isoprene market share, detailed isoprene market segments, market trends and opportunities, and any further data you may need to thrive in the isoprene industry. This isoprene market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The isoprene market size has grown strongly in recent years. It will grow from $3.59 billion in 2025 to $3.9 billion in 2026 at a compound annual growth rate (CAGR) of 8.8%. The growth in the historic period can be attributed to expansion of automotive tire manufacturing, growth of petrochemical production capacity, rising demand for elastomers, increasing use in industrial rubber applications, established supply from petroleum refining.
The isoprene market size is expected to see strong growth in the next few years. It will grow to $5.33 billion in 2030 at a compound annual growth rate (CAGR) of 8.1%. The growth in the forecast period can be attributed to increasing adoption of synthetic rubbers in electric vehicles, rising demand from healthcare applications, expansion of specialty chemical synthesis, growing focus on bio-based isoprene alternatives, increasing investments in chemical process optimization. Major trends in the forecast period include increasing demand for synthetic rubber production, rising use in medical device manufacturing, growing application in adhesives and sealants, expansion of chemical intermediate usage, enhanced focus on product purity.
The growing demand in the rubber industry is expected to drive the isoprene market. Rubber, a white, crumbly, plastic-like mass, can be processed and vulcanized, while isoprene serves as a key industrial chemical for producing synthetic rubber, which has applications across multiple industries. For instance, in June 2023, according to the Association of Natural Rubber Producing Countries, a Malaysia-based industry body, global natural rubber consumption rose by approximately 3.5 % year-on-year to 1.272 million tons. Therefore, the increasing demand for rubber is propelling growth in the isoprene market.
Major companies are forming strategic partnerships to strengthen their market positions. Such partnerships are structured affiliations between two or more businesses, often formalized through agreements or contracts. For instance, in October 2023, Goodyear Tire & Rubber Company, a U.S.-based tire manufacturer, partnered with Visolis Inc. to produce isoprene from biobased materials, leveraging Visolis' technology to generate high-quality isoprene from lignocellulosic feedstocks, which are non-edible biomass and agricultural residues. Visolis Inc. is a U.S.-based bioengineering company focused on sustainable, carbon-negative chemicals.
In April 2024, Zeon Corporation, a Japan-based specialty chemicals manufacturer, partnered with Visolis Inc. to commercialize bio-based isoprene monomers and sustainable aviation fuel (SAF). This partnership allows Zeon to utilize Visolis's proprietary fermentation and catalytic technologies to secure a sustainable, bio-derived isoprene supply, reducing reliance on petrochemical-derived isoprene and enabling growth in bio-based rubber, bio-sis copolymers, and other downstream applications. Visolis develops bio-manufacturing platforms that convert biomass feedstocks into carbon-negative or reduced-carbon chemicals, including bio-isoprene.
Major companies operating in the isoprene market are Nizhnekamskneftekhim, SIBUR International GmbH, The Goodyear Tire & Rubber Company, Royal Dutch Shell PLC, Kuraray Co. Ltd., ZEON Corporation, LyondellBasell Industries N.V., JSR Corporation, Braskem S.A, Finetech Industry Ltd., Fortrec Chemicals & Petroleum Pte Ltd., Haihang Industry Co. Ltd., China Petrochemical Corporation, Dow Inc., Pon Pure Chemicals Group, ExxonMobil Corporation, Shandong Yuhuang Chemical Group Co. Ltd., Sinopec Corp., Chevron Phillips Chemical Company LLC, LOTTE Chemical Corporation, Kraton Corporation, Jilin Zhongxin Chemical Group Co. Ltd., Nanjing Chemical Material Corporation, TPC Group Inc., Formosa Plastics Corporation, INEOS Group Holdings S.A., LG Chem Ltd., Repsol S.A., Evonik Industries AG, Zibo Qixiang Petrochemical Industry Group Co. Ltd.
Asia-Pacific was the largest region in the isoprene market share in 2025 and is expected to be the fastest-growing region in the forecast period. The regions covered in the isoprene market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
The countries covered in the isoprene market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Canada, Italy, Spain
The isoprene market consists of sales of natural polymers, semi-synthetic polymers, synthetic polymers, cross-linked polymers, linear polymers, and other types. Values in this market are 'factory gate' values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
Isoprene Market Global Report 2026 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.
This report focuses isoprene market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Where is the largest and fastest growing market for isoprene ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward, including technological disruption, regulatory shifts, and changing consumer preferences? The isoprene market global report from the Business Research Company answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, total addressable market (TAM), market attractiveness score (MAS), competitive landscape, market shares, company scoring matrix, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.
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