Le Lézard
Classified in: Health, Covid-19 virus
Subject: MRR

Isoprene Rubber Latex Market to Surpass US$ 1.6 Bn as Demand for Medical Gloves Surges by 9.2%: FMI


A comprehensive survey on the isoprene rubber latex market by Future Market Insights (FMI) provides in-depth insights into governing factors favoring the demand outlook in the market. It discloses critical trends that will favor the market growth in various segments on the basis of application and end user over the next 10-years.

DUBAI, UAE, Dec. 9, 2021 /PRNewswire/ -- As per the latest study by FMI, the global isoprene rubber latex market is expected to total US$732.5 Mn in 2021. Increasing application of isoprene rubber latex across consumer goods, industrial, and medical industries are estimated to fuel the demand in the market.

Future Market Insights

Isoprene rubber latex is gaining immense popularity as an alternative to natural rubber. It possesses superior properties such as high resilience, good processability, and easy vulcanization, among others. In response to this, the market is estimated to surpass US$ 1.6 Bn by the end of 2031.

Request a report sample to gain comprehensive insights at https://www.futuremarketinsights.com/reports/sample/rep-gb-7639

Growing use of isoprene rubber latex in the production of medical supplies such as catheters, probe covers, needle shields, and medical adhesives is expected to drive the sales at 8.1% CAGR over the assessment period.

Governments of several countries are undertaking various initiatives to spread awareness regarding sexually transmitted diseases (STDs) and use of condoms. For instance, the Indian Government announced distributing nearly 180 million pieces of condoms to decline the risk of STD, under the National AIDS Control Programme in 2019.

As condoms are made using isoprene rubber latex, adoption is expected to surge over the coming years. On account of this, the market is expected to register 10.1% year-on-year (YoY) growth in 2021.

In terms of application, the medical gloves segment is anticipated to outpace the other segments, expanding at 9.2% CAGR in 2021. Rise in demand from doctors, nurses, patients, and other professionals to decline the risk of getting infected during the COVID-19 times have increased the sales of medical gloves.

"Surging demand for isoprene rubbers for manufacturing personal protective equipment, gaskets, seals, and conveyor belts across the industrial sector is expected to boost the market," says a FMI analyst.

Key Takeaways from Isoprene Rubber Latex Market Study

Key Drivers

Key Restraints

View TOC and Report Preview https://www.futuremarketinsights.com/reports/isoprene-rubber-latex-market

Competitive Landscape

As per FMI, the top tier players in the global isoprene rubber latex market are expected to account for nearly 65.0% of total revenue share in 2021.

Leading companies focusing on adopting inorganic strategies such as acquisitions, mergers, collaborations, and partnerships to expand their production capacity and strengthen their global presence. For instance,

Some of the key players operating in the market profiled by FMI are:

For any Queries Linked with the Report, Ask an Analyst@ https://www.futuremarketinsights.com/ask-question/rep-gb-7639

More Valuable Insights on Isoprene Rubber Latex Market

FMI recent report provides a detailed analysis of the global isoprene rubber latex market, providing riveting insights into key factor driving the market during the assessment period. The study also discloses sales projections on in isoprene rubber latex market with detailed segmentation:

By Application:

By End Use:

By Region:

Key Questions Covered in the Report

We Offer tailor-made Solutions to fit Your Requirements, Request Customization@ https://www.futuremarketinsights.com/customization-available/rep-gb-7639

Explore FMI's Extensive Coverage on Chemicals and materials Domain

Acetone market: The global Acetone market report by FMI gives an in-depth insight on the future expansion prospects, trends and challenges that market is likely to face in the upcoming decade. Key statistics regarding key segments have been presented across prominent geographies, along with a detailed assessment of the market's competitive landscape.

Di-electric gases market: Future Market Insights gives a detailed segmentation on the global Di-electric gases market with upcoming market trends, challenges and future growth dynamics across key geographies and prominent segments. The report provides a holistic approach, mapping the competitive landscape with detailed analysis on established players, new entrants, and opportunities likely to prevail across the 2021-2031 decade.

Coated fabrics market: The coated fabrics market study published by FMI offers a comprehensive analysis and focused views on major trends expected to provide shape to future growth prospects. The report provides detailed analysis of the significant drivers, trends, challenges and opportunities prevailing for the forthcoming decade across key geographies along with competitive landscape of the upcoming decade

About Future Market Insights (FMI)

Future Market Insights (FMI) is a leading provider of market intelligence and consulting services, serving clients in over 150 countries. FMI is headquartered in Dubai, and has delivery centers in the UK, U.S. and India. FMI's latest market research reports and industry analysis help businesses navigate challenges and make critical decisions with confidence and clarity amidst breakneck competition. Our customized and syndicated market research reports deliver actionable insights that drive sustainable growth. A team of expert-led analysts at FMI continuously tracks emerging trends and events in a broad range of industries to ensure that our clients prepare for the evolving needs of their consumers.

Contact:
Future Market Insights,
1602-6 Jumeirah Bay X2 Tower,
Plot No: JLT-PH2-X2A,
Jumeirah Lakes Towers, Dubai,
United Arab Emirates
For Sales Enquiries: [email protected] 
For Media Enquiries: [email protected]
Website: https://www.futuremarketinsights.com/ 
Report: https://www.futuremarketinsights.com/reports/isoprene-rubber-latex-market 
Press Release Source: https://www.futuremarketinsights.com/press-release/isoprene-rubber-latex-market

Logo:  https://mma.prnewswire.com/media/1197648/FMI_Logo.jpg

 


These press releases may also interest you

at 08:40
The "Global Cell Counting Market: Analysis By Product, By Application, By End-User, By Region Size, Trends and Forecast to 2029" report has been added to ResearchAndMarkets.com's offering. The global cell counting market was valued at US$9.98...

at 06:15
The "Global Immune Health Supplements Market - Outlook & Forecast 2023-2028" report has been added to  ResearchAndMarkets.com's offering. The global immune health supplements market was valued at $20.80 billion in 2022 and is expected to reach...

at 05:45
The Gross Law Firm issues the following notice to shareholders of Amplitude, Inc. . Shareholders who purchased shares of AMPL during...

at 05:45
The Gross Law Firm issues the following notice to shareholders of Nextdoor Holdings, Inc. f/k/a Khosla Ventures Acquisition Co. II ....

at 05:30
The "Syndromic Multiplex Panels Markets. Strategies and Trends. Forecasts by Syndrome (Respiratory, Sepsis, GI etc.) by Place, by Product and by Country. With Market Analysis and Executive Guides. 2024 to 2028" report has been added to...

at 05:00
The "Immunoassay Markets. Strategies and Trends. Forecasts by Application, Technology, Product, User and by Country. With Executive Guides, Customized Forecasting and Analysis. 2023 to 2027" report has been added to ResearchAndMarkets.com's offering....



News published on and distributed by: