| Product Code: ETC13004061 | Publication Date: Apr 2025 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Sachin Kumar Rai | No. of Pages: 65 | No. of Figures: 34 | No. of Tables: 19 |
In 2024, Nigeria continued to heavily rely on imports of polyisoprene technical material, with top exporters being China, Taiwan, Province of China, Spain, Italy, and Hong Kong. The market displayed high concentration levels with a very high Herfindahl-Hirschman Index (HHI). Despite a remarkable compound annual growth rate (CAGR) of 42.95% from 2020 to 2024, there was a significant downturn in growth from 2023 to 2024, with a negative growth rate of -72.53%. This highlights the volatile nature of the market and the potential challenges faced by importers and suppliers in the sector.

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 Nigeria Polyisoprene Technical Material Market Overview |
3.1 Nigeria Country Macro Economic Indicators |
3.2 Nigeria Polyisoprene Technical Material Market Revenues & Volume, 2021 & 2031F |
3.3 Nigeria Polyisoprene Technical Material Market - Industry Life Cycle |
3.4 Nigeria Polyisoprene Technical Material Market - Porter's Five Forces |
3.5 Nigeria Polyisoprene Technical Material Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Nigeria Polyisoprene Technical Material Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.7 Nigeria Polyisoprene Technical Material Market Revenues & Volume Share, By End Use, 2021 & 2031F |
3.8 Nigeria Polyisoprene Technical Material Market Revenues & Volume Share, By Grade, 2021 & 2031F |
4 Nigeria Polyisoprene Technical Material Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for eco-friendly materials in various industries |
4.2.2 Growing focus on innovation and product development in the polymer industry |
4.2.3 Rising investments in infrastructure development projects in Nigeria |
4.3 Market Restraints |
4.3.1 Volatility in raw material prices affecting production costs |
4.3.2 Lack of awareness and adoption of polyisoprene technical materials in certain industries in Nigeria |
4.3.3 Regulatory challenges and compliance requirements impacting market entry barriers |
5 Nigeria Polyisoprene Technical Material Market Trends |
6 Nigeria Polyisoprene Technical Material Market, By Types |
6.1 Nigeria Polyisoprene Technical Material Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Nigeria Polyisoprene Technical Material Market Revenues & Volume, By Type, 2021 - 2031F |
6.1.3 Nigeria Polyisoprene Technical Material Market Revenues & Volume, By Synthetic Polyisoprene, 2021 - 2031F |
6.1.4 Nigeria Polyisoprene Technical Material Market Revenues & Volume, By Natural Rubber, 2021 - 2031F |
6.1.5 Nigeria Polyisoprene Technical Material Market Revenues & Volume, By Latex, 2021 - 2031F |
6.1.6 Nigeria Polyisoprene Technical Material Market Revenues & Volume, By Thermoplastic Polyisoprene, 2021 - 2031F |
6.2 Nigeria Polyisoprene Technical Material Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Nigeria Polyisoprene Technical Material Market Revenues & Volume, By Medical Gloves, 2021 - 2031F |
6.2.3 Nigeria Polyisoprene Technical Material Market Revenues & Volume, By Automotive Tires, 2021 - 2031F |
6.2.4 Nigeria Polyisoprene Technical Material Market Revenues & Volume, By Industrial Products, 2021 - 2031F |
6.2.5 Nigeria Polyisoprene Technical Material Market Revenues & Volume, By Footwear, 2021 - 2031F |
6.3 Nigeria Polyisoprene Technical Material Market, By End Use |
6.3.1 Overview and Analysis |
6.3.2 Nigeria Polyisoprene Technical Material Market Revenues & Volume, By Healthcare, 2021 - 2031F |
6.3.3 Nigeria Polyisoprene Technical Material Market Revenues & Volume, By Automotive, 2021 - 2031F |
6.3.4 Nigeria Polyisoprene Technical Material Market Revenues & Volume, By Industrial, 2021 - 2031F |
6.3.5 Nigeria Polyisoprene Technical Material Market Revenues & Volume, By Consumer Goods, 2021 - 2031F |
6.4 Nigeria Polyisoprene Technical Material Market, By Grade |
6.4.1 Overview and Analysis |
6.4.2 Nigeria Polyisoprene Technical Material Market Revenues & Volume, By Standard, 2021 - 2031F |
6.4.3 Nigeria Polyisoprene Technical Material Market Revenues & Volume, By High Purity, 2021 - 2031F |
6.4.4 Nigeria Polyisoprene Technical Material Market Revenues & Volume, By Specialty, 2021 - 2031F |
6.4.5 Nigeria Polyisoprene Technical Material Market Revenues & Volume, By Others, 2021 - 2031F |
7 Nigeria Polyisoprene Technical Material Market Import-Export Trade Statistics |
7.1 Nigeria Polyisoprene Technical Material Market Export to Major Countries |
7.2 Nigeria Polyisoprene Technical Material Market Imports from Major Countries |
8 Nigeria Polyisoprene Technical Material Market Key Performance Indicators |
8.1 Research and development (RD) investment in polyisoprene technology |
8.2 Number of partnerships and collaborations with local manufacturers and distributors |
8.3 Adoption rate of polyisoprene technical materials in key industries in Nigeria |
9 Nigeria Polyisoprene Technical Material Market - Opportunity Assessment |
9.1 Nigeria Polyisoprene Technical Material Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Nigeria Polyisoprene Technical Material Market Opportunity Assessment, By Application, 2021 & 2031F |
9.3 Nigeria Polyisoprene Technical Material Market Opportunity Assessment, By End Use, 2021 & 2031F |
9.4 Nigeria Polyisoprene Technical Material Market Opportunity Assessment, By Grade, 2021 & 2031F |
10 Nigeria Polyisoprene Technical Material Market - Competitive Landscape |
10.1 Nigeria Polyisoprene Technical Material Market Revenue Share, By Companies, 2024 |
10.2 Nigeria Polyisoprene Technical Material Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
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