Polyisoprene Market Worth $2.94 Billion By 2028 | CAGR: 4.1%
Polyisoprene Industry Overview The global polyisoprene market size is expected to reach USD 2.94 billion by 2028, according to a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 4.1% from 2021 to 2028. Increasing adoption of polyisoprene in the automotive, footwear, medical, non-automotive sectors is projected to fuel the market growth during the forecast period. The product is also expected to have a high demand in the tires & related products application due to the product properties like excellent resistance to abrasion &tearing and high compression set along with the increasing demand for Electric Vehicles (EVs). Polyisoprene Market Segmentation Grand View Research has segmented the global polyisoprene market on the basis of application and region: Based on the Application Insights, the market is segmented into Tires & Related Products, Latex, Footwear, Non-automotive Engineering, Belts & Hose...