Product Code: ETC4510977 | Publication Date: Jul 2023 | Updated Date: Apr 2025 | Product Type: Report | |
Publisher: 6Wresearch | Author: Dhaval Chaurasia | No. of Pages: 85 | No. of Figures: 45 | No. of Tables: 25 |
Ghana Isoprene market currently, in 2023, has witnessed an HHI of 7536, Which has increased slightly as compared to the HHI of 2528 in 2017. The market is moving towards Highly concentrated. Herfindahl index measures the competitiveness of exporting countries. The range lies from 0 to 10000, where a lower index number represents a larger number of players or exporting countries in the market while a large index number means fewer numbers of players or countries exporting in the market.
In Ghana, the isoprene market is witnessing steady growth, driven by its wide-ranging applications in the production of synthetic rubbers, elastomers, and specialty chemicals. Isoprene, derived from petroleum or renewable sources such as biomass, serves as a key monomer for the manufacture of synthetic rubber polymers such as polyisoprene and styrene-butadiene rubber. With Ghana industrialization efforts and growing demand for rubber products, the isoprene market is expected to witness further expansion in the country.
The Ghana isoprene market is driven by the growing demand for synthetic rubber in various industries, including automotive, construction, and healthcare. Isoprene is a key raw material in the production of synthetic rubber, and the expanding manufacturing activities and infrastructure development are fueling its demand in the country.
Challenges in the isoprene market include price volatility and supply chain disruptions. Dependency on natural rubber as a primary source of isoprene and environmental factors affecting rubber tree cultivation impact the availability and cost of isoprene derivatives.
The Ghana government recognizes the importance of isoprene as a key chemical intermediate in the production of synthetic rubber, which is used in various industries, including automotive, construction, and consumer goods manufacturing. To support the isoprene market, the government has implemented policies to promote investment in isoprene production and processing facilities, as well as to facilitate the development and adoption of isoprene technology by manufacturers and end-users. This includes providing incentives for chemical companies to invest in isoprene production capacity, as well as offering technical assistance and training to help businesses optimize production processes and improve product quality. Additionally, the government has collaborated with industry associations and research institutions to promote research and innovation in isoprene technology, with a focus on developing new production methods, applications, and market opportunities. Public-private partnerships have also been formed to foster collaboration and knowledge sharing among stakeholders, with the aim of driving economic growth and sustainability in the isoprene market.
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 Ghana Isoprene Market Overview |
3.1 Ghana Country Macro Economic Indicators |
3.2 Ghana Isoprene Market Revenues & Volume, 2021 & 2031F |
3.3 Ghana Isoprene Market - Industry Life Cycle |
3.4 Ghana Isoprene Market - Porter's Five Forces |
3.5 Ghana Isoprene Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Ghana Isoprene Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.7 Ghana Isoprene Market Revenues & Volume Share, By End Use Industry, 2021 & 2031F |
4 Ghana Isoprene Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Ghana Isoprene Market Trends |
6 Ghana Isoprene Market, By Types |
6.1 Ghana Isoprene Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Ghana Isoprene Market Revenues & Volume, By Type, 2021-2031F |
6.1.3 Ghana Isoprene Market Revenues & Volume, By Polymer grade, 2021-2031F |
6.1.4 Ghana Isoprene Market Revenues & Volume, By Chemical grade, 2021-2031F |
6.2 Ghana Isoprene Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Ghana Isoprene Market Revenues & Volume, By Polyisoprene, 2021-2031F |
6.2.3 Ghana Isoprene Market Revenues & Volume, By Styrene isoprene styrene, 2021-2031F |
6.2.4 Ghana Isoprene Market Revenues & Volume, By Isobutyl isoprene rubber, 2021-2031F |
6.3 Ghana Isoprene Market, By End Use Industry |
6.3.1 Overview and Analysis |
6.3.2 Ghana Isoprene Market Revenues & Volume, By Tires, 2021-2031F |
6.3.3 Ghana Isoprene Market Revenues & Volume, By Non-tires, 2021-2031F |
6.3.4 Ghana Isoprene Market Revenues & Volume, By Adhesives, 2021-2031F |
7 Ghana Isoprene Market Import-Export Trade Statistics |
7.1 Ghana Isoprene Market Export to Major Countries |
7.2 Ghana Isoprene Market Imports from Major Countries |
8 Ghana Isoprene Market Key Performance Indicators |
9 Ghana Isoprene Market - Opportunity Assessment |
9.1 Ghana Isoprene Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Ghana Isoprene Market Opportunity Assessment, By Application, 2021 & 2031F |
9.3 Ghana Isoprene Market Opportunity Assessment, By End Use Industry, 2021 & 2031F |
10 Ghana Isoprene Market - Competitive Landscape |
10.1 Ghana Isoprene Market Revenue Share, By Companies, 2024 |
10.2 Ghana Isoprene Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |