Isoprene Monomer Market Size, Share, Outlook, and Opportunity Analysis, 2018 – 2025

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Isoprene Monomer Market - Global Industry
Insight, Trends, Outlook, and Opportunity
Analysis 2018-2025

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REPORT DESCRIPTION
Isoprene Monomer Market Overview
Isoprene or 2- methylbuta-1, 3-diene is a
colorless volatile liquid that is produced by
plants and is employed in the manufacture of
various copolymers such as styrene, isobutylene,
butadiene, and others. Isoprene monomer is widely
used in the production of synthetic rubber called
as polyisoprene. It is also used in the
manufacturing of conveyer belt, sponge, electric
wire and cable, medical and sports equipment, and
others, which is expected to drive market
growth. Market Dynamics Increasing demand for
natural and synthetic rubber, owing to increasing
automotive industry is driving growth of isoprene
monomer market. According to the Association of
Natural Rubber Producing Countries (ANRPC), the
world consumption of natural rubber is 5.822
million tones, which increased by 6.2 during the
period of January 2018 to May 2018. Also, with
increasing demand for personal vehicles and
extensive economic growth, the tire and tire
components industry is expected to emerge as the
largest end-use industry for natural rubber in
2017, thereby fueling growth of isoprene monomer
market.
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REPORT DESCRIPTION

• Isoprene Monomer Market Taxonomy
• On the basis of grade type, the global isoprene
  monomer market is segmented into
• Chemical Grade
• Polymer Grade
• On the basis of application, the global isoprene
  monomer market is segmented into
• Polyisoprene
• Isoprene Rubber (IR)
• Styrene-Isoprene-Styrene (SIS)
• Others (Co-block Polymers)
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REPORT DESCRIPTION
Isoprene Monomer Market Regional Insights The
market for diamond wire wafer slicing machine in
Asia Pacific accounted for largest share in the
global market in 2017. The factor attributed to
growth of the market is increasing penetration of
smartphones, increasing adoption of IoT,
self-driving cars, and others. Therefore, rising
demand for consumer electronics is leading to
high demand for diamond wire wafer slicing
machines. For instance, according to the Coherent
Market Insights analysis, the number of
smartphone users in India was 292.6 million in
2016 and it has grown to 342 million in 2017.
Increasing demand for smartphones and advancement
in smartphone technology has led to development
of thinner and smaller ICs. This leads to high
demand for diamond wire wafer slicing machine.
Hence, this factor will help in propelling growth
of the market during the forecasted
period. Moreover, presence of key manufacturers
such as Samsung, Sony, LG, Toshiba, Panasonic,
Toyota, and Honda makes this region largest
consumer of semiconductor ICs, which is another
major driving factor leading to high demand for
diamond wire wafer slicing machine for cutting
wafer. Hence, this factor also helps in fuelling
growth of the diamond wire wafer slicing machine
in this particular region. To Get Discount on
this Report https//www.coherentmarketinsights.co
m/insight/request-discount/1864
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