The North America Isoprene Market would witness market growth of 6.8% CAGR during the forecast period (2023-2030). In the year 2019, the North America market's volume surged to 342.2 Kilo Tonnes, showcasing a growth of 5.9% (2019-2022).
Isoprene is a colourless and flammable gas used to manufacture various items, such as tires and synthetic rubbers. In addition to its application in synthetic rubbers, isoprene is a prominent feedstock in the production of plastic and a fuel additive. The growing usage of isoprene in various industrial applications is expected to be the primary driving force for the product market during the forecast period. This is due to its widespread use in tire manufacturing, an essential component of automotive manufacturing. Increasing personal incomes are the primary driver of the tire industry's expansion, as they stimulate a greater demand for automobiles. Increased demand for tires will likely increase product demand in the upcoming years. The increasing utilization of isoprene in manufacturing rubber, tires, and adhesives is the primary driver of its demand growth. The product is classified as a hydrocarbon compound primarily created for use in the creation of synthetic rubber.
Numerous industries, including consumer goods, automotive, electrical & electronics, and others, employ industrial rubber and plastics. Industrial rubber and plastics are mostly used in the automotive industry. Most parts in an automobile's sitting area are rubber or plastic. Rubber is extensively utilized in the doors, seats, clutch and gear panels, steering, and other passenger car parts, whereas plastic is frequently used in the dashboard. Rubber and plastic are used mostly in producing electrical and electronic devices. In the upcoming years, the expanding automotive, electrical, and electronics sectors will be projected to drive demand for the product.
The US market dominated the North America Isoprene Market, By Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $964.8 million by 2030. The Canada market is exhibiting a CAGR of 7.3% during (2023 - 2030). Additionally, The Mexico market would experience a CAGR of 7.9% during (2023 - 2030).
Based on Grade, the market is segmented into Polymer Grade, and Chemical Grade. Based on Application, the market is segmented into Tires, Adhesives, Industrial Rubber, and Others. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
Free Valuable Insights: The Isoprene Market is Predict to reach $7.8 Billion by 2030, at a CAGR of 7.6%
The market research report covers the analysis of key stakeholders of the market. Key companies profiled in the report include Shell plc, LyondellBasell Industries Holdings B.V., Kuraray Co., Ltd., Exxon Mobil Corporation, Shandong Baomo Biochemical Co., Ltd., Braskem SE (Odebrecht S.A), Chevron Phillips Chemical Company LLC, Pon Pure Chemicals Group (Pure Chemicals Co), China Petrochemical Corporation (Sinopec Group), and The Dow Chemical Company.
Scope of the Study
Market Segments Covered in the Report:
By Grade (Volume, Kilo Tonnes, USD Billion, 2019-2030)
- Polymer Grade
- Chemical Grade
By Application (Volume, Kilo Tonnes, USD Billion, 2019-2030)
- Tires
- Adhesives
- Industrial Rubber
- Others
By Country (Volume, Kilo Tonnes, USD Billion, 2019-2030)
- US
- Canada
- Mexico
- Rest of North America
Key Market Players
List of Companies Profiled in the Report:
- Shell plc
- LyondellBasell Industries Holdings B.V.
- Kuraray Co., Ltd.
- Exxon Mobil Corporation
- Shandong Baomo Biochemical Co., Ltd.
- Braskem SE (Odebrecht S.A)
- Chevron Phillips Chemical Company LLC
- Pon Pure Chemicals Group (Pure Chemicals Co)
- China Petrochemical Corporation (Sinopec Group)
- The Dow Chemical Company
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 North America Isoprene Market, by Grade
1.4.2 North America Isoprene Market, by Application
1.4.3 North America Isoprene Market, by Country
1.5 Methodology for the research
Chapter 2. Market at a Glance
2.1 Key Highlights
Chapter 3. Market Overview
3.1 Introduction
3.1.1 Overview
3.1.1.1 Market Composition and Scenario
3.2 Key Factors Impacting the Market
3.2.1 Market Drivers
3.2.2 Market Restraints
3.3 Porter’s Five Forces Analysis
Chapter 4. North America Isoprene Market, By Grade
4.1 North America Polymer Grade Market, By Country
4.2 North America Chemical Grade Market, By Country
Chapter 5. North America Isoprene Market, By Application
5.1 North America Tires Market, By Country
5.2 North America Adhesives Market, By Country
5.3 North America Industrial Rubber Market, By Country
5.4 North America Others Market, By Country
Chapter 6. North America Isoprene Market, By Country
6.1 US Isoprene Market
6.1.1 US Isoprene Market, By Grade
6.1.2 US Isoprene Market, By Application
6.2 Canada Isoprene Market
6.2.1 Canada Isoprene Market, By Grade
6.2.2 Canada Isoprene Market, By Application
6.3 Mexico Isoprene Market
6.3.1 Mexico Isoprene Market, By Grade
6.3.2 Mexico Isoprene Market, By Application
6.4 Rest of North America Isoprene Market
6.4.1 Rest of North America Isoprene Market, By Grade
6.4.2 Rest of North America Isoprene Market, By Application
Chapter 7. Company Profiles
7.1 Shell plc
7.1.1 Company Overview
7.1.2 Financial Analysis
7.1.3 Segmental and Regional Analysis
7.1.4 Research & Development Expenses
7.1.5 SWOT Analysis
7.2 LyondellBasell Industries Holdings B.V.
7.2.1 Company Overview
7.2.2 Financial Analysis
7.2.3 Segmental and Regional Analysis
7.2.4 Research & Development Expenses
7.2.5 SWOT Analysis
7.3 Kuraray Co., Ltd.
7.3.1 Company Overview
7.3.2 Financial Analysis
7.3.3 Segmental and Regional Analysis
7.3.4 Recent strategies and developments:
7.3.4.1 Partnerships, Collaborations, and Agreements:
7.3.4.2 Geographical Expansions:
7.3.5 SWOT Analysis
7.4 Exxon Mobil Corporation
7.4.1 Company Overview
7.4.2 Financial Analysis
7.4.3 Segmental and Regional Analysis
7.4.4 Research & Development Expenses
7.4.5 Recent strategies and developments:
7.4.5.1 Partnerships, Collaborations, and Agreements:
7.4.6 SWOT Analysis
7.5 Shandong Baomo Biochemical Co., Ltd.
7.5.1 Company Overview
7.5.2 SWOT Analysis
7.6 Braskem S.A. (Odebrecht S.A)
7.6.1 Company Overview
7.6.2 Financial Analysis
7.6.3 Segmental Analysis
7.6.4 Research & Development Expenses
7.6.5 Recent strategies and developments:
7.6.5.1 Partnerships, Collaborations, and Agreements:
7.6.6 SWOT Analysis
7.7 Chevron Phillips Chemical Company LLC
7.7.1 Company Overview
7.7.2 Financial Analysis
7.7.3 SWOT Analysis
7.8 Pon Pure Chemicals Group (Pure Chemicals Co)
7.8.1 Company Overview
7.8.2 SWOT Analysis
7.9 China Petrochemical Corporation (Sinopec Group)
7.9.1 Company Overview
7.9.2 Financial Analysis
7.9.3 Research & Development Expenses
7.9.4 SWOT Analysis
7.10. The Dow Chemical Company
7.10.1 Company Overview
7.10.2 Financial Analysis
7.10.3 Segmental and Regional Analysis
7.10.4 Research & Development Expenses
7.10.5 SWOT Analysis
TABLE 1 North America Isoprene Market, 2019 - 2022, USD Million
TABLE 2 North America Isoprene Market, 2023 - 2030, USD Million
TABLE 3 North America Isoprene Market, 2019 - 2022, Kilo Tonnes
TABLE 4 North America Isoprene Market, 2023 - 2030, Kilo Tonnes
TABLE 5 North America Isoprene Market, By Grade, 2019 - 2022, USD Million
TABLE 6 North America Isoprene Market, By Grade, 2023 - 2030, USD Million
TABLE 7 North America Isoprene Market, By Grade, 2019 - 2022, Kilo Tonnes
TABLE 8 North America Isoprene Market, By Grade, 2023 - 2030, Kilo Tonnes
TABLE 9 North America Polymer Grade Market, By Country, 2019 - 2022, USD Million
TABLE 10 North America Polymer Grade Market, By Country, 2023 - 2030, USD Million
TABLE 11 North America Polymer Grade Market, By Country, 2019 - 2022, Kilo Tonnes
TABLE 12 North America Polymer Grade Market, By Country, 2023 - 2030, Kilo Tonnes
TABLE 13 North America Chemical Grade Market, By Country, 2019 - 2022, USD Million
TABLE 14 North America Chemical Grade Market, By Country, 2023 - 2030, USD Million
TABLE 15 North America Chemical Grade Market, By Country, 2019 - 2022, Kilo Tonnes
TABLE 16 North America Chemical Grade Market, By Country, 2023 - 2030, Kilo Tonnes
TABLE 17 North America Isoprene Market, By Application, 2019 - 2022, USD Million
TABLE 18 North America Isoprene Market, By Application, 2023 - 2030, USD Million
TABLE 19 North America Isoprene Market, By Application, 2019 - 2022, Kilo Tonnes
TABLE 20 North America Isoprene Market, By Application, 2023 - 2030, Kilo Tonnes
TABLE 21 North America Tires Market, By Country, 2019 - 2022, USD Million
TABLE 22 North America Tires Market, By Country, 2023 - 2030, USD Million
TABLE 23 North America Tires Market, By Country, 2019 - 2022, Kilo Tonnes
TABLE 24 North America Tires Market, By Country, 2023 - 2030, Kilo Tonnes
TABLE 25 North America Adhesives Market, By Country, 2019 - 2022, USD Million
TABLE 26 North America Adhesives Market, By Country, 2023 - 2030, USD Million
TABLE 27 North America Adhesives Market, By Country, 2019 - 2022, Kilo Tonnes
TABLE 28 North America Adhesives Market, By Country, 2023 - 2030, Kilo Tonnes
TABLE 29 North America Industrial Rubber Market, By Country, 2019 - 2022, USD Million
TABLE 30 North America Industrial Rubber Market, By Country, 2023 - 2030, USD Million
TABLE 31 North America Industrial Rubber Market, By Country, 2019 - 2022, Kilo Tonnes
TABLE 32 North America Industrial Rubber Market, By Country, 2023 - 2030, Kilo Tonnes
TABLE 33 North America Others Market, By Country, 2019 - 2022, USD Million
TABLE 34 North America Others Market, By Country, 2023 - 2030, USD Million
TABLE 35 North America Others Market, By Country, 2019 - 2022, Kilo Tonnes
TABLE 36 North America Others Market, By Country, 2023 - 2030, Kilo Tonnes
TABLE 37 North America Isoprene Market, By Country, 2019 - 2022, USD Million
TABLE 38 North America Isoprene Market, By Country, 2023 - 2030, USD Million
TABLE 39 North America Isoprene Market, By Country, 2019 - 2022, Kilo Tonnes
TABLE 40 North America Isoprene Market, By Country, 2023 - 2030, Kilo Tonnes
TABLE 41 US Isoprene Market, 2019 - 2022, USD Million
TABLE 42 US Isoprene Market, 2023 - 2030, USD Million
TABLE 43 US Isoprene Market, 2019 - 2022, Kilo Tonnes
TABLE 44 US Isoprene Market, 2023 - 2030, Kilo Tonnes
TABLE 45 US Isoprene Market, By Grade, 2019 - 2022, USD Million
TABLE 46 US Isoprene Market, By Grade, 2023 - 2030, USD Million
TABLE 47 US Isoprene Market, By Grade, 2019 - 2022, Kilo Tonnes
TABLE 48 US Isoprene Market, By Grade, 2023 - 2030, Kilo Tonnes
TABLE 49 US Isoprene Market, By Application, 2019 - 2022, USD Million
TABLE 50 US Isoprene Market, By Application, 2023 - 2030, USD Million
TABLE 51 US Isoprene Market, By Application, 2019 - 2022, Kilo Tonnes
TABLE 52 US Isoprene Market, By Application, 2023 - 2030, Kilo Tonnes
TABLE 53 Canada Isoprene Market, 2019 - 2022, USD Million
TABLE 54 Canada Isoprene Market, 2023 - 2030, USD Million
TABLE 55 Canada Isoprene Market, 2019 - 2022, Kilo Tonnes
TABLE 56 Canada Isoprene Market, 2023 - 2030, Kilo Tonnes
TABLE 57 Canada Isoprene Market, By Grade, 2019 - 2022, USD Million
TABLE 58 Canada Isoprene Market, By Grade, 2023 - 2030, USD Million
TABLE 59 Canada Isoprene Market, By Grade, 2019 - 2022, Kilo Tonnes
TABLE 60 Canada Isoprene Market, By Grade, 2023 - 2030, Kilo Tonnes
TABLE 61 Canada Isoprene Market, By Application, 2019 - 2022, USD Million
TABLE 62 Canada Isoprene Market, By Application, 2023 - 2030, USD Million
TABLE 63 Canada Isoprene Market, By Application, 2019 - 2022, Kilo Tonnes
TABLE 64 Canada Isoprene Market, By Application, 2023 - 2030, Kilo Tonnes
TABLE 65 Mexico Isoprene Market, 2019 - 2022, USD Million
TABLE 66 Mexico Isoprene Market, 2023 - 2030, USD Million
TABLE 67 Mexico Isoprene Market, 2019 - 2022, Kilo Tonnes
TABLE 68 Mexico Isoprene Market, 2023 - 2030, Kilo Tonnes
TABLE 69 Mexico Isoprene Market, By Grade, 2019 - 2022, USD Million
TABLE 70 Mexico Isoprene Market, By Grade, 2023 - 2030, USD Million
TABLE 71 Mexico Isoprene Market, By Grade, 2019 - 2022, Kilo Tonnes
TABLE 72 Mexico Isoprene Market, By Grade, 2023 - 2030, Kilo Tonnes
TABLE 73 Mexico Isoprene Market, By Application, 2019 - 2022, USD Million
TABLE 74 Mexico Isoprene Market, By Application, 2023 - 2030, USD Million
TABLE 75 Mexico Isoprene Market, By Application, 2019 - 2022, Kilo Tonnes
TABLE 76 Mexico Isoprene Market, By Application, 2023 - 2030, Kilo Tonnes
TABLE 77 Rest of North America Isoprene Market, 2019 - 2022, USD Million
TABLE 78 Rest of North America Isoprene Market, 2023 - 2030, USD Million
TABLE 79 Rest of North America Isoprene Market, 2019 - 2022, Kilo Tonnes
TABLE 80 Rest of North America Isoprene Market, 2023 - 2030, Kilo Tonnes
TABLE 81 Rest of North America Isoprene Market, By Grade, 2019 - 2022, USD Million
TABLE 82 Rest of North America Isoprene Market, By Grade, 2023 - 2030, USD Million
TABLE 83 Rest of North America Isoprene Market, By Grade, 2019 - 2022, Kilo Tonnes
TABLE 84 Rest of North America Isoprene Market, By Grade, 2023 - 2030, Kilo Tonnes
TABLE 85 Rest of North America Isoprene Market, By Application, 2019 - 2022, USD Million
TABLE 86 Rest of North America Isoprene Market, By Application, 2023 - 2030, USD Million
TABLE 87 Rest of North America Isoprene Market, By Application, 2019 - 2022, Kilo Tonnes
TABLE 88 Rest of North America Isoprene Market, By Application, 2023 - 2030, Kilo Tonnes
TABLE 89 Key Information – Shell plc
TABLE 90 Key Information – LyondellBasell Industries Holdings B.V.
TABLE 91 Key Information – Kuraray Co., Ltd.
TABLE 92 Key Information – Exxon Mobil Corporation
TABLE 93 Key Information – Shandong Baomo Biochemical Co., Ltd.
TABLE 94 Key Information – Braskem S.A.
TABLE 95 Key Information – Chevron Phillips Chemical Company LLC
TABLE 96 Key Information – Pon Pure Chemicals Group
TABLE 97 Key Information – China Petrochemical Corporation
TABLE 98 Key Information – The Dow Chemical Company
List of Figures
FIG 1 Methodology for the research
FIG 2 North America Isoprene Market, 2019 - 2030, USD Million
FIG 3 Key Factors Impacting Isoprene Market
FIG 4 Porter’s Five Forces Analysis – Isoprene Market
FIG 5 North America Isoprene Market share, By Grade, 2022
FIG 6 North America Isoprene Market share, By Grade, 2030
FIG 7 North America Isoprene Market, By Grade, 2019 - 2030, USD Million
FIG 8 North America Isoprene Market share, By Application, 2022
FIG 9 North America Isoprene Market share, By Application, 2030
FIG 10 North America Isoprene Market, By Application, 2019 - 2030, USD Million
FIG 11 North America Isoprene Market share, By Country, 2022
FIG 12 North America Isoprene Market share, By Country, 2030
FIG 13 North America Isoprene Market, By Country, 2019 - 2030, USD Million
FIG 14 SWOT Analysis: Shell plc
FIG 15 SWOT Analysis: LyondellBasell Industries Holdings B.V.
FIG 16 Recent strategies and developments: Kuraray Co., Ltd.
FIG 17 Swot Analysis: Kuraray Co., Ltd.
FIG 18 SWOT Analysis: Exxon Mobil Corporation
FIG 19 SWOT Analysis: Shandong Baomo Biochemical Co., Ltd.
FIG 20 SWOT Analysis: Braskem S.A.
FIG 21 SWOT Analysis: Chevron Phillips Chemical Company LLC
FIG 22 SWOT Analysis: Pon Pure Chemicals Group
FIG 23 Swot Analysis: China Petrochemical Corporation
FIG 24 SWOT Analysis: The Dow Chemical Company