Isoprene Market Size to Reach $3.97 Billion by 2025
Polymer grade isoprene is likely to witness significant revenue rise at a CAGR of 7.7%.
The global isoprene market is expected to reach $3.97 billion by 2025, growing at a compound annual growth rate (CAGR) of 7.5%, according to a new report by Grand View Research, Inc.
Polymer grade isoprene is likely to witness significant revenue rise at a CAGR of 7.7% as a result of its properties including toughness, excellent hot tear strength, abrasion, high resilience, cold resistance, and tensile strength. Moreover, the product is obtained from the C5 diene crude product, which are quick to dispose and reuse due to an existing infrastructure in place.