Bio-based Isoprene Market: Global Industry Analysis and Forecast (2023-2029)

Global Bio-based Isoprene Market is expected to grow at a CAGR of 5.47% during the forecast period and is expected to reach US$ 1044.45 Mn by 2029. The global Bio-based Isoprene Market report is a comprehensive analysis of the industry, market, and key players. The report has covered the market by demand and supply-side by segments. The global Bio-based Isoprene Market report also provides trends by market segments, technology, and investment with a competitive landscape.

Bio-based Isoprene Market Overview:

Isoprene is an essential starting material for various synthetic polymers, most preferably synthetic rubbers. A major share of the isoprene produced globally is converted into polyisoprene, they are used in products such as footwear, mechanical instruments, medical appliances, sporting goods, and most extensively in rubber tires. Presently, isoprene is produced exclusively from petroleum-derived feedstocks, which in itself has essential risks due to price fluctuation and the supply chain and demand of oil. Additionally, the processing of oil tends to be both expensive and environmentally unfriendly. Therefore, there is significant interest in developing technology that will harvest isoprene in a cost-effective, environmentally friendly way, utilizing renewable sources Bio-based Isoprene MarketTo know about the Research Methodology :- Request Free Sample Report

Bio-based Isoprene Market Dynamics:

Bio-based isoprene is creating more demand in the process of genetic engineering DNA. Developing interest in the production of isoprene from genetically engineered micro-organism is fueling the growth of the bio-based isoprene market. Isoprene compound is the most important building block for lipids, steroids, terpenoids, and a wide range of natural product, include latex, and the raw materials for natural rubber. The factor hampering the market growth of bio-based enzyme is on inhalation isoprene can cause irritation in the nose, throat, and lungs. High exposure to isoprene can lead to headache, dizziness, lightheadedness, and passing out. Isoprene can also lead to dangerous fire and explosion hazard.

Bio-based Isoprene Market Segment Analysis:

By Type, the segment is bifurcated into Microbial Fermentation and Chemical Conversion. Microbial fermentation is dominating the bio-based isoprene market, microbial fermentation is a process that breaks downs a wide number of molecules by the action of microorganism into simpler ones. For instance, yeast enzyme converts sugar and starch into alcohol and proteins are converted to peptides or amino acid. The microbial fermentation process is widely used in biotechnology for the production of pharmaceutical, food additives, and animal feed kinds of stuff. Microbial fermentation is a process that involves chemical change by the presence of the microorganism. The various microorganism is used in the food industry for the fermentation of bakery products and dairy products. The global microbial fermentation of the active pharmaceutical ingredient market was valued at USD 29361 million in 2020 and is likely to reach USD 30962 million with a CAGR of 1.4% in the forecast period. By Application, the segment is divided into Automobile Tires, Medical Appliances, Footwear, Sporting Goods, and Other. Automobile tires are dominating the application segment of the bio-based isoprene market. Owed to the wider application of isoprene in the rubber industry. Due to excellent mechanical property and low-cost isoprene rubbers is widely preferred material for many engineered application. The further uses include anti-vibration mount, drive coupling, tires, spring, bearings, and adhesives. They are also employed in medical tools like surgical gloves like nitrile, vinyl, and latex gloves are manufactured using bio-based isoprene. The demand for the rubber industry is fuelling the market growth of bio-based isoprene and the awareness for eco-friendly products is further anticipated to create more demand in the forecast period.

Bio-based Isoprene Market Regional Insights:

Global Bio-based Isoprene Market Regional Insights is segmented into North America, Asia Pacific, Europe, Latin America, Middle East and Africa. The Asia Pacific is dominating the Bio-Based Isoprene Market, especially China and India is probable to motivate the demand for bio-based isoprene due to the enormous growth of chemical industries and the huge number of rubber industries landing in the region. Among all the countries of Asia Pacific China is dominating due to the presence of a wider chemical market and industries in the region. Technological advancement in the region is further responsible to boost the market growth of the industry. The sales of chemicals in china was around USD 1.6 trillion in the year 2017 and ranked the largest chemical market in terms of revenue and contributed to the half growth of the world chemical market in the past two decades. North America and Europe are also expected to boost demand for bio-based isoprene for various applications such as adhesives and elastomers among others. The final sales in the US chemical industry were valued at USD 766 billion in 2017. The objective of the report is to present a comprehensive analysis of the global Bio-based Isoprene Market to the stakeholders in the industry. The past and current status of the industry with the forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that include market leaders, followers, and new entrants. PORTER, SVOR, PESTEL analysis with the potential impact of micro-economic factors of the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers. The report also helps in understanding the global market dynamics, structure by analyzing the market segments and project the global market size. Clear representation of competitive analysis of key players by Grade, price, financial position, Grade portfolio, growth strategies, and regional presence in the global market make the report investor’s guide.

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Bio-based Isoprene Market
Report Coverage Details
Base Year: 2022 Forecast Period: 2023-2029
Historical Data: 2018 to 2022 Market Size in 2022: US $ 719.42 Mn.
Forecast Period 2023 to 2029 CAGR: 5.47% Market Size in 2029: US $ 1044.45 Mn.
Segments Covered: by Type Microbial Fermentation Chemical Conversion
by Application Automobile Tires Medical Appliances Footwear Sporting Goods Other

Bio-based Isoprene Market, by Region

North America (United States, Canada and Mexico) Europe (UK, France, Germany, Italy, Spain, Sweden, Austria and Rest of Europe) Asia Pacific (China, South Korea, Japan, India, Australia, Indonesia, Malaysia, Vietnam, Taiwan, Bangladesh, Pakistan and Rest of APAC) Middle East and Africa (South Africa, GCC, Egypt, Nigeria and Rest of ME&A) South America (Brazil, Argentina Rest of South America

Bio-based Isoprene Market Key Players:

1. DuPont 2. Amyris 3. Good year Tire and Rubber Company 4. Genencor 5. Michelin 6. BioXcell 7. Ajinomoto Co. Inc 8. Bridgestone Corporation 9. PolymerOhio Inc 10. GlycosBio and Danisco Frequently Asked Questions: 1. Which region has the largest share in Global Bio-based Isoprene Market? Ans: Asia Pacific region held the highest share in 2022. 2. What is the growth rate of Global Bio-based Isoprene Market? Ans: The Global Bio-based Isoprene Market is growing at a CAGR of 5.47% during forecasting period 2023-2029. 3. What is scope of the Global Bio-based Isoprene Market report? Ans: Global Bio-based Isoprene Market report helps with the PESTEL, PORTER, COVID-19 Impact analysis, Recommendations for Investors & Leaders, and market estimation of the forecast period. 4. Who are the key players in Global Bio-based Isoprene Market? Ans: The important key players in the Global Bio-based Isoprene Market are – DuPont, Amyris, Good year Tire and Rubber Company, Genencor, Michelin, BioXcell, Ajinomoto Co. Inc, Bridgestone Corporation, PolymerOhio Inc, and GlycosBio and Danisco 5. What is the study period of this Market? Ans: The Global Bio-based Isoprene Market is studied from 2022 to 2029.
1.Preface 1.1. Market Definition and Key Research Objectives 1.2. Research Highlights 2. Assumptions and Research Methodology 2.1. Report Assumptions 2.2. Abbreviations 2.3. Research Methodology 2.3.1. Secondary Research 2.3.1.1. Secondary data 2.3.1.2. Secondary Sources 2.3.2. Primary Research 2.3.2.1. Data from Primary Sources 2.3.2.2. Breakdown of Primary Sources 3. Executive Summary: Global Bio-based Isoprene Market Size, by Market Value (US$ Mn) 3.1. Global Market Segmentation 3.2. Global Market Segmentation Share Analysis, 2022 3.2.1. Global 3.2.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 3.3. Geographical Snapshot of the Tetrakis (Hydroxymethyl) Phosphonium Sulfate Market 3.4. Geographical Snapshot of the Tetrakis (Hydroxymethyl) Phosphonium Sulfate Market, By Manufacturer share 4. Global Bio-based Isoprene Market Overview, 2022-2029 4.1. Market Dynamics 4.1.1. Drivers 4.1.1.1. Global 4.1.1.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.2. Restraints 4.1.2.1. Global 4.1.2.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.3. Opportunities 4.1.3.1. Global 4.1.3.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.4. Challenges 4.1.4.1. Global 4.1.4.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.5. Industry Trends and Emerging Technologies 4.1.6. Porters Five Forces Analysis 4.1.6.1. Threat of New Entrants 4.1.6.2. Bargaining Power of Buyers/Consumers 4.1.6.3. Bargaining Power of Suppliers 4.1.6.4. Threat of Substitute Grades 4.1.6.5. Intensity of Competitive Rivalry 4.1.7. Value Chain Analysis 4.1.8. Technological Roadmap 4.1.9. Regulatory landscape 4.1.10. Impact of the Covid-19 Pandemic on the Global Tetrakis (Hydroxymethyl) Phosphonium Sulfate Market 5. Supply Side and Demand Side Indicators 6. Global Bio-based Isoprene Market Analysis and Forecast, 2022-2029 6.1. Global Tetrakis (Hydroxymethyl) Phosphonium Sulfate Market Size & Y-o-Y Growth Analysis. 7. Global Bio-based Isoprene Market Analysis and Forecasts, 2022-2029 7.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 7.1.1. Microbial Fermentation 7.1.2. Chemical Conversion 7.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 7.2.1. Automobile Tires 7.2.2. Medical Appliances 7.2.3. Footwear 7.2.4. Sporting Goods 7.2.5. Other 8. Global Bio-based Isoprene Market Analysis and Forecasts, By Region 8.1. Market Size (Value) Estimates & Forecast By Region, 2022-2029 8.1.1. North America 8.1.2. Europe 8.1.3. Asia-Pacific 8.1.4. Middle East & Africa 8.1.5. South America 9. North America Bio-based Isoprene Market Analysis and Forecasts, 2022-2029 9.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 9.1.1. Microbial Fermentation 9.1.2. Chemical Conversion 9.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 9.2.1. Automobile Tires 9.2.2. Medical Appliances 9.2.3. Footwear 9.2.4. Sporting Goods 9.2.5. Others 10. North America Bio-based Isoprene Market Analysis and Forecasts, By Country 10.1. Market Size (Value) Estimates & Forecast By Country, 2022-2029 10.1.1. US 10.1.2. Canada 10.1.3. Mexico 11. U.S. Bio-based Isoprene Market Analysis and Forecasts, 2022-2029 11.1. Market Size (Value) Estimates & Forecast By Types, 2022-2029 11.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 12. Canada Bio-based Isoprene Market Analysis and Forecasts, 2022-2029 12.1. Market Size (Value) Estimates & Forecast By Types, 2022-2029 12.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 13. Mexico Bio-based Isoprene Market Analysis and Forecasts, 2022-2029 13.1. Market Size (Value) Estimates & Forecast By Types, 2022-2029 13.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 14. Europe Bio-based Isoprene Market Analysis and Forecasts, 2022-2029 14.1. Market Size (Value) Estimates & Forecast By Types, 2022-2029 14.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 15. Europe Bio-based Isoprene Market Analysis and Forecasts, By Country 15.1. Market Size (Value) Estimates & Forecast By Country, 2022-2029 15.1.1. U.K 15.1.2. France 15.1.3. Germany 15.1.4. Italy 15.1.5. Spain 15.1.6. Sweden 15.1.7. CIS Countries 15.1.8. Rest of Europe 16. U.K Bio-based Isoprene Market Analysis and Forecasts, 2022-2029 16.1. Market Size (Value) Estimates & Forecast By Types, 2022-2029 16.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 17. France Bio-based Isoprene Market Analysis and Forecasts, 2022-2029 17.1. Market Size (Value) Estimates & Forecast By Types, 2022-2029 17.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 18. Germany Bio-based Isoprene Market Analysis and Forecasts, 2022-2029 18.1. Market Size (Value) Estimates & Forecast By Types, 2022-2029 18.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 19. Italy Bio-based Isoprene Market Analysis and Forecasts, 2022-2029 19.1. Market Size (Value) Estimates & Forecast By Types, 2022-2029 19.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 20. Spain Bio-based Isoprene Market Analysis and Forecasts, 2022-2029 20.1. Market Size (Value) Estimates & Forecast By Types, 2022-2029 20.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 21. Sweden Bio-based Isoprene Market Analysis and Forecasts, 2022-2029 21.1. Market Size (Value) Estimates & Forecast By Types, 2022-2029 21.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 22. CIS Countries Bio-based Isoprene Market Analysis and Forecasts, 2022-2029 22.1. Market Size (Value) Estimates & Forecast By Types, 2022-2029 22.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 23. Rest of Europe Bio-based Isoprene Market Analysis and Forecasts, 2022-2029 23.1. Market Size (Value) Estimates & Forecast By Types, 2022-2029 23.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 24. Asia Pacific Bio-based Isoprene Market Analysis and Forecasts, 2022-2029 24.1. Market Size (Value) Estimates & Forecast By Types, 2022-2029 24.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 25. Asia Pacific Bio-based Isoprene Market Analysis and Forecasts, by Country 25.1. Market Size (Value) Estimates & Forecast By Country, 2022-2029 25.1.1. China 25.1.2. India 25.1.3. Japan 25.1.4. South Korea 25.1.5. Australia 25.1.6. ASEAN 25.1.7. Rest of Asia Pacific 26. China Bio-based Isoprene Market Analysis and Forecasts, 2022-2029 26.1. Market Size (Value) Estimates & Forecast By Types, 2022-2029 26.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 27. India Bio-based Isoprene Market Analysis and Forecasts, 2022-2029 27.1. Market Size (Value) Estimates & Forecast By Types, 2022-2029 27.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 28. Japan Bio-based Isoprene Market Analysis and Forecasts, 2022-2029 28.1. Market Size (Value) Estimates & Forecast By Types, 2022-2029 28.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 29. South Korea Bio-based Isoprene Market Analysis and Forecasts, 2022-2029 29.1. Market Size (Value) Estimates & Forecast By Types, 2022-2029 29.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 30. Australia Bio-based Isoprene Market Analysis and Forecasts, 2022-2029 30.1. Market Size (Value) Estimates & Forecast By Types, 2022-2029 30.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 31. ASEAN Bio-based Isoprene Market Analysis and Forecasts, 2022-2029 31.1. Market Size (Value) Estimates & Forecast By Types, 2022-2029 31.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 32. Rest of Asia Pacific Bio-based Isoprene Market Analysis and Forecasts, 2022-2029 32.1. Market Size (Value) Estimates & Forecast By Types, 2022-2029 32.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 33. Middle East Africa Bio-based Isoprene Market Analysis and Forecasts, 2022-2029 33.1. Market Size (Value) Estimates & Forecast By Types, 2022-2029 33.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 34. Middle East Africa Bio-based Isoprene Market Analysis and Forecasts, by Country 34.1. Market Size (Value) Estimates & Forecast by Country, 2022-2029 34.1.1. South Africa 34.1.2. GCC Countries 34.1.3. Egypt 34.1.4. Nigeria 34.1.5. Rest of ME&A 35. South Africa Bio-based Isoprene Market Analysis and Forecasts, 2022-2029 35.1. Market Size (Value) Estimates & Forecast By Types, 2022-2029 35.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 36. GCC Countries Bio-based Isoprene Market Analysis and Forecasts, 2022-2029 36.1. Market Size (Value) Estimates & Forecast By Types, 2022-2029 36.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 37. Egypt Textile Reinforced Concrete e Market Analysis and Forecasts, 2022-2029 37.1. Market Size (Value) Estimates & Forecast By Types, 2022-2029 37.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 38. Nigeria Bio-based Isoprene Market Analysis and Forecasts, 2022-2029 38.1. Market Size (Value) Estimates & Forecast By Types, 2022-2029 38.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 39. Rest of ME&A Bio-based Isoprene Market Analysis and Forecasts, 2022-2029 39.1. Market Size (Value) Estimates & Forecast By Types, 2022-2029 39.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 40. South America Bio-based Isoprene Market Analysis and Forecasts, 2022-2029 40.1. Market Size (Value) Estimates & Forecast By Types, 2022-2029 40.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 41. South America Bio-based Isoprene Market Analysis and Forecasts, by Country 41.1. Market Size (Value) Estimates & Forecast by Country, 2022-2029 41.1.1. Brazil 41.1.2. Argentina 41.1.3. Rest of South America 42. Brazil Bio-based Isoprene Market Analysis and Forecasts, 2022-2029 42.1. Market Size (Value) Estimates & Forecast By Types, 2022-2029 42.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 43. Argentina Bio-based Isoprene Market Analysis and Forecasts, 2022-2029 43.1. Market Size (Value) Estimates & Forecast By Types, 2022-2029 43.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 44. Rest of South America Bio-based Isoprene Market Analysis and Forecasts, 2022-2029 44.1. Market Size (Value) Estimates & Forecast By Types, 2022-2029 44.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 45. Competitive Landscape 45.1. Geographic Footprint of Major Players in the Global Textile Reinforced Concrete Market 45.2. Competition Matrix 45.2.1. Competitive Benchmarking of Key Players By Price, Presence, Market Share, Fiber Grades and R&D Investment 45.2.2. New Grade Launches and Grade Enhancements 45.2.3. Market Consolidation 45.2.3.1. M&A by Regions, Investment and Verticals 45.2.3.2. M&A, Forward Integration and Backward Integration 45.2.3.3. Partnership, Joint Ventures and Strategic Alliances/ Sales Agreements 45.3. Company Profile : Key Players 45.3.1. BASF 45.3.1.1. Company Overview 45.3.1.2. Financial Overview 45.3.1.3. Geographic Footprint 45.3.1.4. Grade Portfolio 45.3.1.5. Business Strategy 45.3.1.6. Recent Developments 45.3.2. DuPont 45.3.3. Amyris 45.3.4. Good year Tire and Rubber Company 45.3.5. Genencor 45.3.6. Michelin 45.3.7. BioXcell 45.3.8. Ajinomoto Co. Inc 45.3.9. Bridgestone Corporation 45.3.10. PolymerOhio Inc 45.3.11. GlycosBio and Danisco 46. Primary Key Insights
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