The global isoprene market was valued at $1.93 billion in 2015, and is expected to reach $2.96 billion by 2021, witnessing a CAGR of 7.4% from 2016 to 2021, according to a recent market report from MarketsandMarkets. Isoprene is applied in several end-use industries, such as tires, non-tires, adhesives, and others. The rising usage of synthetic rubber in these industries is projected to propel the isoprene market. In terms of type, the global isoprene market is segmented into polymer grade and chemical grade. Polymer grade is the most widely used isoprene type. This type of isoprene is utilized in various applications owing to its properties similar to natural rubber. Furthermore, it has more consistency than natural rubber in strength, cure rate, processing, mixing, and molding. In terms of application, the global isoprene market is segmented into polyisoprene (IR), styrene-isoprene styrene (SIS), isobutylene-isoprene rubber (IIR), and others. Polyisoprene segment held the largest share of the isoprene market in 2015, owing to its usage in tire and other rubber industries. This segment is anticipated to increase because of polyisoprene’s consistency in terms of strength, cure rate, processing, mixing, and molding as compared with natural rubber. Based on end-use industry, the global isoprene market is segmented into tires, non-tires, adhesives, and others. The growing polyisoprene application in the tire industry has resulted in the increase in demand for isoprene around the globe. Rising focus on low-rolling resistance tires to improve the fuel efficiency is further projected to fuel the isoprene market during the forecast period. On the basis of region, the global isoprene market is segmented into Europe, Asia-Pacific, North America, South America, and Middle East & Africa. Of them, Europe is expected to be the largest market for isoprene, followed by Asia-Pacific. Russia is likely to be the fastest-growing market for isoprene in the coming years. Top manufacturers of isoprene such as Nizhnekamskneftekhim and Sibur have their manufacturing sites located in Europe. Tire & rubber manufacturing facilities emit hazardous air pollutants (HAP). The stringent regulations by regulatory bodies to reduce HAPs are anticipated to restrict the synthetic rubber production and will limit the isoprene market during the forecast period. The key players in this market include Nizhnekamskneftekhim (Russia), SIBUR (Russia), The Goodyear Tire & Rubber Company (U.S.), Royal Dutch Shell Plc (Netherlands), Kuraray Co., Ltd. (Japan), ZEON Corp. (Japan), LyondellBasell Industries N.V. (U.S.), JSR Corp. (Japan), Ningbo Jinhai Chenguang (China), Shandong Yuhuang Chemical Group Co., Ltd. (China), Finetech Industry Ltd. (U.K.), Haihang Industry Co., Ltd. (China), Fortrec Chemicals and Petroleum Pte Ltd.(Singapore), and Braskem (Brazil), etc.