Synthetic Polyisoprene Rubber (SPR) Market

By Product Type;

Standard Synthetic Polyisoprene Rubber, High-Purity Synthetic Polyisoprene Rubber, and Reinforced Synthetic Polyisoprene Rubber

By Grade;

High Cis (98%), Medium Cis (94%), Low Cis (80-85%), and Nd-Isoprene Rubber

By Application;

Medical Gloves, Condoms, Medical Balloons, Catheters, and Adhesives

By End Use;

Medical, Consumer Goods, and Industrial

By Geography;

North America, Europe, Asia Pacific, Middle East & Africa, and Latin America - Report Timeline (2021 - 2031)
Report ID: Rn820618699 Published Date: June, 2025 Updated Date: July, 2025

Synthetic Polyisoprene Rubber Market Overview

Synthetic Polyisoprene Rubber Market (USD Million)

Synthetic Polyisoprene Rubber Market was valued at USD 2,833.92 million in the year 2024. The size of this market is expected to increase to USD 4,261.16 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 6.0%.


Synthetic Polyisoprene Rubber (SPR) Market

*Market size in USD million

CAGR 6.0 %


Study Period2025 - 2031
Base Year2024
CAGR (%)6.0 %
Market Size (2024)USD 2,833.92 Million
Market Size (2031)USD 4,261.16 Million
Market ConcentrationMedium
Report Pages394
2,833.92
2024
4,261.16
2031

Major Players

  • Kraton Corporation
  • Zeon Corporation
  • Kuraray Co., Ltd.
  • SIBUR International GmbH
  • ExxonMobil Chemical
  • JSR Corporation

Market Concentration

Consolidated - Market dominated by 1 - 5 major players

Synthetic Polyisoprene Rubber (SPR) Market

Fragmented - Highly competitive market without dominant players


The synthetic polyisoprene rubber market is witnessing growing traction, particularly in sectors such as automotive and healthcare. Its superior elasticity, durability, and consistent performance make it a preferred substitute for natural rubber. Over 50% of the total production is directed toward tire manufacturing, reflecting strong demand in transportation-related industries. The medical sector also relies on its non-allergenic composition for critical products like surgical gloves and medical tubing.

Consistent Quality Driving Preference
Compared to natural rubber, synthetic polyisoprene provides a more reliable and uniform alternative, reducing operational inconsistencies. Industries are increasingly shifting toward synthetic solutions for their chemical resistance and predictable behavior under stress. Research suggests that around 40% of procurement decisions in rubber-intensive applications are now influenced by these quality-centric benefits.

Innovation Enhancing Performance Attributes
Recent developments in polymer chemistry and process engineering have led to enhanced formulations of synthetic polyisoprene. These improvements offer better tensile strength and elasticity, boosting product longevity. Approximately 35% of newly developed rubber-based products have adopted synthetic polyisoprene due to its customizable performance and production efficiencies.

Long-Term Growth Outlook
With rising demand in both industrial and medical domains, the future of synthetic polyisoprene rubber looks promising. Continued R&D and its expanding role in high-performance applications will likely support consistent growth. As more manufacturers seek durable, safe, and efficient materials, synthetic polyisoprene remains a critical component in advanced material solutions.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Product Type
    2. Market Snapshot, By Grade
    3. Market Snapshot, By Application
    4. Market Snapshot, By End Use
    5. Market Snapshot, By Region
  4. Synthetic Polyisoprene Rubber Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Increasing demand from automotive industry
        2. Growth in medical and healthcare applications
        3. Superior properties compared to natural rubber
        4. Technological advancements in manufacturing processes
        5. Rising consumer awareness towards sustainable materials
      2. Restraints
        1. Volatility in raw material prices
        2. Competition from other synthetic rubbers
        3. Stringent regulatory requirements
        4. Fluctuating demand in global markets
      3. Opportunities
        1. Expansion in emerging markets
        2. Innovation in bio-based synthetic rubber
        3. Development of high-performance applications
        4. Integration in new industries like electronics
        5. Focus on product differentiation
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Synthetic Polyisoprene Rubber Market, By Product Type, 2021 - 2031 (USD Million)
      1. Standard Synthetic Polyisoprene Rubber
      2. High-Purity Synthetic Polyisoprene Rubber
      3. Reinforced Synthetic Polyisoprene Rubber
    2. Synthetic Polyisoprene Rubber Market, By Grade, 2021 - 2031 (USD Million)
      1. High Cis (98)
      2. Medium Cis (94%)
      3. Low Cis (80-85%)
      4. Nd-Isoprene Rubber
    3. Synthetic Polyisoprene Rubber Market, By Application, 2021 - 2031 (USD Million)
      1. Medical Gloves
      2. Condoms
      3. Medical Balloons
      4. Catheters
      5. Adhesives
    4. Synthetic Polyisoprene Rubber Market, By End Use, 2021 - 2031 (USD Million)
      1. Medical
      2. Consumer Goods
      3. Industrial
    5. Synthetic Polyisoprene Rubber Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN(Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Ansell Limited
      2. JSR Corporation
      3. Kraton Corporation
      4. Top Glove Corporation Bhd
      5. Zeon Corporation
      6. Kuraray Co., Ltd.
      7. SIBUR Holding PJSC
      8. ExxonMobil Chemical
      9. The Goodyear Tire & Rubber Company
      10. Yokohama Rubber Co., Ltd
  7. Analyst Views
  8. Future Outlook of the Market