Isoprene Market Size, Share, Trends, Industry Analysis, Report 2024-2032
The global isoprene market reached a value of US$ 4.8 billion in 2023, and according to the IMARC Group, it is projected to grow to US$ 8.3 billion by 2032, with a compound annual growth rate (CAGR) of 6.19% from 2024 to 2032. Key factors driving this growth include the rapid expansion of the automotive industry, the increasing use of isoprene in the rubber sector, and advancements in biotechnology enabling the production of isoprene using microorganisms.