Isoprene Market Report 2026

The isoprene market size has grown strongly in recent years. It will grow from $3.59 billion in 2025 to $3.9 billion in 2026 at a compound annual growth rate (CAGR) of 8.8%. The growth in the historic period can be attributed to expansion of automotive tire manufacturing, growth of petrochemical production capacity, rising demand for elastomers, increasing use in industrial rubber applications, established supply from petroleum refining.

The isoprene market size is expected to see strong growth in the next few years. It will grow to $5.33 billion in 2030 at a compound annual growth rate (CAGR) of 8.1%. The growth in the forecast period can be attributed to increasing adoption of synthetic rubbers in electric vehicles, rising demand from healthcare applications, expansion of specialty chemical synthesis, growing focus on bio-based isoprene alternatives, increasing investments in chemical process optimization. Major trends in the forecast period include increasing demand for synthetic rubber production, rising use in medical device manufacturing, growing application in adhesives and sealants, expansion of chemical intermediate usage, enhanced focus on product purity.

The growing demand in the rubber industry is expected to drive the isoprene market. Rubber, a white, crumbly, plastic-like mass, can be processed and vulcanized, while isoprene serves as a key industrial chemical for producing synthetic rubber, which has applications across multiple industries. For instance, in June 2023, according to the Association of Natural Rubber Producing Countries, a Malaysia-based industry body, global natural rubber consumption rose by approximately 3.5 % year-on-year to 1.272 million tons. Therefore, the increasing demand for rubber is propelling growth in the isoprene market.

Major companies are forming strategic partnerships to strengthen their market positions. Such partnerships are structured affiliations between two or more businesses, often formalized through agreements or contracts. For instance, in October 2023, Goodyear Tire & Rubber Company, a U.S.-based tire manufacturer, partnered with Visolis Inc. to produce isoprene from biobased materials, leveraging Visolis’ technology to generate high-quality isoprene from lignocellulosic feedstocks, which are non-edible biomass and agricultural residues. Visolis Inc. is a U.S.-based bioengineering company focused on sustainable, carbon-negative chemicals.

In April 2024, Zeon Corporation, a Japan-based specialty chemicals manufacturer, partnered with Visolis Inc. to commercialize bio-based isoprene monomers and sustainable aviation fuel (SAF). This partnership allows Zeon to utilize Visolis’s proprietary fermentation and catalytic technologies to secure a sustainable, bio-derived isoprene supply, reducing reliance on petrochemical-derived isoprene and enabling growth in bio-based rubber, bio-sis copolymers, and other downstream applications. Visolis develops bio-manufacturing platforms that convert biomass feedstocks into carbon-negative or reduced-carbon chemicals, including bio-isoprene.

Major companies operating in the isoprene market are Nizhnekamskneftekhim, SIBUR International GmbH, The Goodyear Tire & Rubber Company, Royal Dutch Shell PLC, Kuraray Co. Ltd., ZEON Corporation, LyondellBasell Industries N.V., JSR Corporation, Braskem S.A, Finetech Industry Ltd., Fortrec Chemicals & Petroleum Pte Ltd., Haihang Industry Co. Ltd., China Petrochemical Corporation, Dow Inc., Pon Pure Chemicals Group, ExxonMobil Corporation, Shandong Yuhuang Chemical Group Co. Ltd., Sinopec Corp., Chevron Phillips Chemical Company LLC, LOTTE Chemical Corporation, Kraton Corporation, Jilin Zhongxin Chemical Group Co. Ltd., Nanjing Chemical Material Corporation, TPC Group Inc., Formosa Plastics Corporation, INEOS Group Holdings S.A., LG Chem Ltd., Repsol S.A., Evonik Industries AG, Zibo Qixiang Petrochemical Industry Group Co. Ltd.

Asia-Pacific was the largest region in the isoprene market share in 2025 and is expected to be the fastest-growing region in the forecast period. The regions covered in the isoprene market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the isoprene market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The isoprene market consists of sales of natural polymers, semi-synthetic polymers, synthetic polymers, cross-linked polymers, linear polymers, and other types. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

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