India Polyisoprene Market Size & Outlook, 2025-2030
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India polyisoprene market highlights
- The India polyisoprene market generated a revenue of USD 76.3 million in 2024 and is expected to reach USD 108.0 million by 2030.
- The India market is expected to grow at a CAGR of 6.2% from 2025 to 2030.
- In terms of segment, tires and related products was the largest revenue generating application in 2024.
- Latex is the most lucrative application segment registering the fastest growth during the forecast period.
Polyisoprene market data book summary
| Market revenue in 2024 | USD 76.3 million |
| Market revenue in 2030 | USD 108.0 million |
| Growth rate | 6.2% (CAGR from 2025 to 2030) |
| Largest segment | Tires and related products |
| Fastest growing segment | Latex |
| Historical data | 2018 - 2023 |
| Base year | 2024 |
| Forecast period | 2025 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Tires and Related Products, Latex, Footwear, Non-Automotive Engineering, Belts and Hose |
| Key market players worldwide | Zeon Corp, JSR Corp, Goodyear Tire & Rubber Co, Kuraray Co Ltd |
Other key industry trends
- In terms of revenue, India accounted for 3.1% of the global polyisoprene market in 2024.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China polyisoprene market is projected to lead the regional market in terms of revenue in 2030.
- India is the fastest growing regional market in Asia Pacific and is projected to reach USD 108.0 million by 2030.
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Polyisoprene Market Scope
Polyisoprene Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Zeon Corp | View profile | 4722 | Shin Marunouchi Center Building, 1-6-2 Marunouchi, Chiyoda-ku, Tokyo, Japan, 100-8246 | http://www.zeon.co.jp |
| JSR Corp | View profile | 7994 | 1-9-2 Higashi-Shimbashi, Shiodome Sumitomo Building, 22nd Floor, Minato-ku, Tokyo, Japan, 105-8640 | http://www.jsr.co.jp |
| Kuraray Co Ltd | View profile | 13161 | Ote Center Building,1-1-3, Otemachi, Chiyoda-ku, Tokyo, Japan, 100-8115 | http://www.kuraray.co.jp |
| Goodyear Tire & Rubber Co | View profile | 71000 | 200 Innovation Way, Akron, OH, United States, 44316-0001 | https://www.goodyear.com |
India polyisoprene market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to polyisoprene market will help companies and investors design strategic landscapes.
Tires and related products was the largest segment with a revenue share of 69.2% in 2024. Horizon Databook has segmented the India polyisoprene market based on tires and related products, latex, footwear, non-automotive engineering, belts and hose covering the revenue growth of each sub-segment from 2018 to 2030.
The Indian market is anticipated to grow on account of the high demand for polyisoprene from the construction and automotive industries coupled with increasing consumer awareness regarding the quality and features offered by polyisoprene products in various applications.
Increasing production of commercial vehicles and passenger cars in the country is another factor projected to augment the demand for tires, hoses, belts, and others.
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Horizon Databook provides a detailed overview of country-level data and insights on the India polyisoprene market , including forecasts for subscribers. This country databook contains high-level insights into India polyisoprene market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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India polyisoprene market size, by application, 2018-2030 (US$M)
India Polyisoprene Market Outlook Share, 2024 & 2030 (US$M)
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