Synthetic Polyisoprene Rubber Industry Size, Share, Demand & Growth by 2032
The synthetic polyisoprene rubber industry is likely to be driven by its widespread
application in the manufacturing of tires, belts, footwear, and medical accessories such as
medical gloves and medical balloons. The global market is anticipated to expand at a
robust 6.2% CAGR over the forecast period between 2022 and 2032, finds Future Market
Insights (FMI) in a recent market analysis.
Synthetic polyisoprene rubber is widely utilized as a basic material in tire manufacturing. The
demand for synthetic polyisoprene rubber has grown due to greater awareness among
employers about the use of industrial gloves and increasing demand for medical gloves. In
addition to footwear, synthetic polyisoprene rubber is used in the manufacturing of adhesives
& sealants, belts, and other products in the industrial and construction sectors, which is
driving the synthetic polyisoprene rubber market.
The demand for synthetic polyisoprene rubber is expected to rise due to expansion in the
medical sector, improvements in healthcare infrastructure, and rising establishment of
hospitals and clinics.
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As per FMI, the market is predicted to be dominated by East Asia, which is expected to
continue over the forecast period. Backed by the aforementioned factors, the global synthetic
polyisoprene rubber market is projected to top US$ 1.3 Billion by 2032.
“Over the forecast period, sales of synthetic polyisoprene rubbers are expected to be driven
by the significant growth in the medical sector, along with rising production automotives
across the globe,” says and FMI analyst.
Key Takeaways:

By application, demand for synthetic polyisoprene rubber for medical accessories is
expected to surge at a 6.6% CAGR over the forecast period.

The contact segment of the synthetic polyisoprene rubber market is anticipated to
grow at 5.8% CAGR through 2032.

The synthetic polyisoprene rubber market in the US is anticipated to expand at
a 5.9% CAGR by 2032.

China will emerge as an attractive synthetic polyisoprene rubber market, with sales
growing at a 7.3% CAGR.

A significant rise in the demand for tire production is propelling sales of synthetic
polyisoprene rubber.
Competitive Landscape
Key players in the global synthetic polyisoprene rubber market include

Hebei Meishen Technology Co., Ltd,

Konoshima Chemical Co., Ltd.,

Kyowa Chemical Industry Co., Ltd.,

Lehmann & Voss & Co. KG,

Naikai Salt Industries Co., Ltd.,

Dr. Paul Lohmann GmbH KG,

NUOVA SIMA Srl.
Leading players are acquiring small and medium-sized players and are investing in increasing
their production capacity. Along with this, they are investing in process development, and
product innovations and are also focusing on green technology to reduce carbon emissions.
About the Chemicals and Materials Division at Future Market Insights (FMI)
The chemicals and materials division of Future Market Insights (FMI) offers a distinct and
pinpoint analysis of the chemicals and materials industry. This exhaustive coverage extends
from commodity, bulk, specialty, and petrochemicals to advanced materials, composites, and
nanotechnology in particular, with special emphasis on ‘green alternatives, recycling and
renewable technology developments, and supply-demand-trade assessment. Our research
studies serve as referencing market guidelines for chemical manufacturers, research
institutions, channel partners, and government bodies for developing — ‘The Way Forward’.
About Future Market Insights (FMI)
Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a
member of the Greater New York Chamber of Commerce) offers profound insights into the
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