# Isoprene Rubber Latex Market to Surpass US$ 1.6 Bn as Demand for Medical Gloves Surges by 9.2%: FMI 
Author:  Pal Sinha, Barnali 
Author URL: https://financedigest.com/author/pal-sinha-barnali
Published: 2022-02-17
Category: Research Reports
Category URL: https://financedigest.com/category/research-reports
Meta Title: Isoprene Rubber Latex Market Insights: Trends, Growth &
Meta Description: Explore the latest trends and forecasts in the global isoprene rubber latex market with Future Market Insights. Unlock growth opportunities in medical,
URL: https://financedigest.com/isoprene-rubber-latex-market-to-surpass-us-1-6-bn-as-demand-for-medical-gloves-surges-by-9-2-fmihtml

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_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._

Future Market Insights (FMI), Dubai:As per the latest study by FMI, the [global isoprene rubber latex market](https://www.futuremarketinsights.com/reports/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.

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.

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](https://www.financedigest.com/apples-weak-iphone-sales-drive-first-profit-miss-since-2016.html "Apple’s weak iPhone sales drive first profit miss since 2016") 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](https://www.financedigest.com/home-battery-sales-in-germany-may-surge-59-this-year-study.html "Home battery sales in Germany may surge 59% this year -study"). 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](https://www.financedigest.com/home-sleep-screening-devices-market-is-set-to-exceed-us-11-4-billion-by-2032-get-insights-fmi.html "Home Sleep Screening Devices Market is set to exceed US$ 11.4 Billion by 2032 | Get Insights FMI") analyst.

**Key Takeaways from** **Isoprene Rubber Latex** **Market Study**

- U.S. isoprene rubber latex market is projected to total US$ 99.4 Mn, exhibiting a YoY growth of 8.8% by the end of 2021.
- [China is expected to account for the largest share in the East Asia](https://www.financedigest.com/asia-shares-weigh-china-risks-yen-hits-6-month-high.html "Asia shares weigh China risks, yen hits 6-month high") market, exhibiting growth at a CAGR of 8.8% through 2031.
- Germany [market is anticipated to account for nearly 14.3% of the share](https://www.financedigest.com/automation-tools-help-uk-mortgage-providers-market-share-surge.html "Automation tools help UK mortgage provider’s market share surge") in Europe, expanding at 6% CAGR over the assessment period.
- Japan and South Korea are forecast to emerge as highly remunerative markets, collectively accounting for more than 6.1% of sales in 2021.
- Based on end use, the industrial sector is estimated to register the fastest growth in the market, expanding at a 7.5% CAGR between 2020 and 2021.

**Key Drivers**

- Increasing government regulations to prevent STD and control unbridled population growth in China, India, the U.S., and Indonesia are [driving the sales](https://www.financedigest.com/inflation-drives-britains-record-christmas-grocery-sales.html "Inflation drives Britain’s record Christmas grocery sales") across the condom segment.
- Implementation of stringent regulation on increasing patient care across [hospitals and clinics is encouraging physicians to use medical](https://www.financedigest.com/the-icu-is-full-medical-staff-on-frontline-of-chinas-covid-fight-say-hospitals-are-overwhelmed.html "‘The ICU is full’: medical staff on frontline of China’s COVID fight say hospitals are ‘overwhelmed’") gloves, which is in turn, propelling the demand in the medical gloves segment.

**Key Restraints**

- High cost of isoprene rubber latex compared to natural rubber is hindering the [sales in the market](https://www.financedigest.com/adsorbents-market-sales-to-reach-us-8-9-billion-by-2033-get-insights-fmi.html "Adsorbents Market Sales to Reach US$ 8.9 Billion by 2033 | Get Insights FMI").
- Availability of alternatives such as butyl rubber, nitrile rubber, silicone rubber, and others is hampering the growth in the market.

**View TO** **C and Report Preview** [**https://www.futuremarketinsights.com/reports/isoprene-rubber-latex-market**](https://www.futuremarketinsights.com/reports/isoprene-rubber-latex-market)

**Competitive Landscape**

As per FMI, the [top tier players in the global](https://www.financedigest.com/revealed-the-top-5-places-brits-expect-to-find-the-one-in-2016.html "REVEALED: THE TOP 5 PLACES BRITS EXPECT TO FIND ‘THE ONE’ IN 2016")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,

- In Feb 2019, Ansell Limited [announced the acquisition](https://www.financedigest.com/incentive-fm-group-announces-latest-strategic-me-acquisition.html "INCENTIVE FM GROUP ANNOUNCES LATEST STRATEGIC M&E ACQUISITION") of a leading of specialty impact gloves manufacturer for a total consideration of US$70 Mn. The [strategy will assist the company to enhance its industrial hand protection portfolio and increase its market](https://www.financedigest.com/beyond-the-pill-strategy-to-be-the-centerpoint-of-high-content-screening-market.html "“Beyond the Pill” Strategy to be the CenterPoint of High Content Screening Market") share.

- In April 2018, Top Glove Corp Bhd, a Malaysian rubber glove manufacturer, announced acquiring one of the world’s largest surgical glove maker, Aspion Sdn Bhd. The acquisition will assist the company to increase its production capacity and strengthen its position as the largest glove manufacturer in the world.

**Some of the key players operating in the [market profiled by FMI](https://www.financedigest.com/upper-limb-prosthetics-market-valuation-of-us-505-million-by-the-year-2028-at-a-cagr-of-4-9-from-2022-to-2028-fmi.html "Upper Limb Prosthetics Market valuation of US$ 505 Million by the year 2028, at a CAGR of 4.9% from 2022 to 2028 | FMI") are:**

- Top Glove Corp Bhd
- Zeon Corporation
- PAO Sibur Holdings
- Kraton Corporation
- Ansell Limited
- JSR Corporation
- Supermax Corp. Bhd
- Kossan Rubber Industries Bhd
- Hartalega Holdings Bhd
- Royal Dutch Shell Plc
- Rubberex Corporation

**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](https://www.financedigest.com/demand-for-diagnostic-tools-for-evs-to-reach-us-5-4-billion-by-2033-fmi-report.html "Demand for Diagnostic Tools for EVs to reach US$ 5.4 billion by 2033: FMI 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:**

- Medical Gloves
- Condoms
- Medical Balloons
- Catheters
- Adhesives

**By End Use:**

- Medical
- Consumer Goods
- Industrial

**By Region:**

- North America
- Latin America
- Europe
- East Asia
- South Asia
- Oceania
- Middle East & Africa

**Key Questions Covered in the Report**

- The report offers insight into isoprene rubber latex market [demand outlook for the forecast](https://www.financedigest.com/michael-kors-owner-capri-cuts-forecasts-as-demand-slows-shares-plunge-20.html "Michael Kors owner Capri cuts forecasts as demand slows, shares plunge 20%") period 2021-2031
- The market [study also highlights projected sales growth for isoprene rubber latex](https://www.financedigest.com/isoprene-rubber-latex-market-is-estimated-to-register-growth-at-8-1-cagr-between-2021-and-2031-study-by-future-market-insights.html " Isoprene Rubber Latex Market is estimated to register growth at 8.1% CAGR between 2021 and 2031, Study By Future Market Insights") market between 2021 and 2031
- Isoprene rubber latex market survey identifies key growth drivers, restraints, and other forces impacting prevailing trends and evaluation of current market size and forecast and technological advancements within the industry
- Isoprene rubber latex market share analysis, covering key companies within the industry and coverage of strategies such as mergers & acquisitions, joint ventures, collaborations or partnerships, and others

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### **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](https://www.futuremarketinsights.com/) is headquartered in Dubai, and has delivery centers in the UK, U.S. and India. FMI’s latest [market](https://www.futuremarketinsights.com/reports) research reportsand industry analysis help businesses navigate challenges and make critical decisions with confidence and clarity amidst breakneck competition. Our customized and syndicated market research reportsdeliver 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.

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**Report:** [https://www.futuremarketinsights.com/reports/isoprene-rubber-latex-market](https://www.futuremarketinsights.com/reports/isoprene-rubber-latex-market)

**Press Release Source:** [https://www.futuremarketinsights.com/press-release/isoprene-rubber-latex-market](https://www.futuremarketinsights.com/press-release/isoprene-rubber-latex-market)


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