Product Code: ETC108479 | Publication Date: Jun 2021 | Updated Date: Feb 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
The United Arab Emirates (UAE) isoprene market has witnessed steady growth, driven by the country`s expanding rubber and polymer industries, the increasing demand for synthetic rubber, and the UAE efforts to strengthen its position in the regional petrochemical market. Isoprene is a key raw material used in the production of synthetic rubber, which is widely utilized in various applications, including tire manufacturing, automotive components, and industrial goods. The market`s expansion can be attributed to the UAE focus on diversifying its petrochemical portfolio and meeting the growing demand for synthetic rubber.
Several factors act as drivers for the UAE isoprene market. Firstly, the UAE thriving rubber and polymer industries have increased the demand for isoprene as a critical ingredient in the production of synthetic rubber, such as styrene-butadiene rubber (SBR) and polyisoprene. Secondly, the growing automotive and transportation sectors in the UAE and the wider Middle East region have driven the demand for synthetic rubber for tire manufacturing and other automotive components.
Despite its positive growth prospects, the UAE isoprene market faces certain challenges. One of the main challenges is the volatility in raw material prices, as isoprene is derived from C5 fraction obtained from the cracking of naphtha or ethylene. Fluctuations in global energy prices can impact the cost of isoprene production and, subsequently, synthetic rubber prices. Additionally, competition from other rubber-producing countries and the need for advanced technology and expertise for isoprene extraction and refining are key challenges for the UAE isoprene industry.
The Covid-19 pandemic had an impact on the UAE isoprene market, influenced by shifts in industrial activities and demand patterns. With the pandemic leading to temporary closures of manufacturing facilities and reduced transportation activities, there was a slowdown in the demand for synthetic rubber and isoprene during certain periods. However, as economic activities resumed and industries adapted to new safety measures, the market for isoprene in the UAE started to recover. The pandemic also highlighted the importance of resilient supply chains for essential raw materials.
Key players in this market include established companies such as Gulf Petrochemicals Industries Company (GPIC), Emirates National Chemical Industries (Emichem), and Aditya Birla Chemicals, among others. These key players play a crucial role in producing and supplying isoprene to cater to the growing demand from various industrial sectors.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 United Arab Emirates (UAE) Isoprene Market Overview |
3.1 United Arab Emirates (UAE) Country Macro Economic Indicators |
3.2 United Arab Emirates (UAE) Isoprene Market Revenues & Volume, 2021 & 2031F |
3.3 United Arab Emirates (UAE) Isoprene Market - Industry Life Cycle |
3.4 United Arab Emirates (UAE) Isoprene Market - Porter's Five Forces |
3.5 United Arab Emirates (UAE) Isoprene Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 United Arab Emirates (UAE) Isoprene Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.7 United Arab Emirates (UAE) Isoprene Market Revenues & Volume Share, By End-use Industry, 2021 & 2031F |
4 United Arab Emirates (UAE) Isoprene Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 United Arab Emirates (UAE) Isoprene Market Trends |
6 United Arab Emirates (UAE) Isoprene Market, By Types |
6.1 United Arab Emirates (UAE) Isoprene Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 United Arab Emirates (UAE) Isoprene Market Revenues & Volume, By Type, 2018 - 2031F |
6.1.3 United Arab Emirates (UAE) Isoprene Market Revenues & Volume, By Polymer Grade, 2018 - 2031F |
6.1.4 United Arab Emirates (UAE) Isoprene Market Revenues & Volume, By Chemical Grade, 2018 - 2031F |
6.2 United Arab Emirates (UAE) Isoprene Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 United Arab Emirates (UAE) Isoprene Market Revenues & Volume, By Polyisoprene (IR), 2018 - 2031F |
6.2.3 United Arab Emirates (UAE) Isoprene Market Revenues & Volume, By Styrene-isoprene-styrene (SIS), 2018 - 2031F |
6.2.4 United Arab Emirates (UAE) Isoprene Market Revenues & Volume, By Isobutylene-isoprene rubber (IIR), 2018 - 2031F |
6.2.5 United Arab Emirates (UAE) Isoprene Market Revenues & Volume, By Others, 2018 - 2031F |
6.3 United Arab Emirates (UAE) Isoprene Market, By End-use Industry |
6.3.1 Overview and Analysis |
6.3.2 United Arab Emirates (UAE) Isoprene Market Revenues & Volume, By Tires, 2018 - 2031F |
6.3.3 United Arab Emirates (UAE) Isoprene Market Revenues & Volume, By Non-tires, 2018 - 2031F |
6.3.4 United Arab Emirates (UAE) Isoprene Market Revenues & Volume, By Adhesives, 2018 - 2031F |
6.3.5 United Arab Emirates (UAE) Isoprene Market Revenues & Volume, By Others, 2018 - 2031F |
7 United Arab Emirates (UAE) Isoprene Market Import-Export Trade Statistics |
7.1 United Arab Emirates (UAE) Isoprene Market Export to Major Countries |
7.2 United Arab Emirates (UAE) Isoprene Market Imports from Major Countries |
8 United Arab Emirates (UAE) Isoprene Market Key Performance Indicators |
9 United Arab Emirates (UAE) Isoprene Market - Opportunity Assessment |
9.1 United Arab Emirates (UAE) Isoprene Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 United Arab Emirates (UAE) Isoprene Market Opportunity Assessment, By Application, 2021 & 2031F |
9.3 United Arab Emirates (UAE) Isoprene Market Opportunity Assessment, By End-use Industry, 2021 & 2031F |
10 United Arab Emirates (UAE) Isoprene Market - Competitive Landscape |
10.1 United Arab Emirates (UAE) Isoprene Market Revenue Share, By Companies, 2024 |
10.2 United Arab Emirates (UAE) Isoprene Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |