Global Chloroprene Rubber (CR) Market Growth 2023-2029

Global Chloroprene Rubber (CR) Market Growth 2023-2029

Chloroprene rubber (hereinafter: CR; synonym: polychloroprene or sometimes Neoprene) is a synthetic rubber produced by polymerization of chloroprene. It is an artificially-made polymer acting as an elastomer. Chloroprene rubber exhibits good chemical stability, and maintains flexibility over a wide temperature range. It is used in a wide variety of applications, such as laptop sleeves, orthopedic braces (wrist, knee, etc.), electrical insulation, liquid and sheet applied elastomeric membranes or flashings, and automotive fanbelts.

LPI (LP Information)' newest research report, the “Chloroprene Rubber (CR) Industry Forecast” looks at past sales and reviews total world Chloroprene Rubber (CR) sales in 2022, providing a comprehensive analysis by region and market sector of projected Chloroprene Rubber (CR) sales for 2023 through 2029. With Chloroprene Rubber (CR) sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Chloroprene Rubber (CR) industry.

This Insight Report provides a comprehensive analysis of the global Chloroprene Rubber (CR) landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Chloroprene Rubber (CR) portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Chloroprene Rubber (CR) market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Chloroprene Rubber (CR) and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Chloroprene Rubber (CR).

The global Chloroprene Rubber (CR) market size is projected to grow from US$ 1708 million in 2022 to US$ 2254.6 million in 2029; it is expected to grow at a CAGR of 2254.6 from 2023 to 2029.

Global Chloroprene Rubber (CR) key players include DENKI KAGAKU KOGYO KABUSHIKI KAISHA, LANXESS, COG, Tosoh Corporation , Shanna Synthetic Rubber, etc. Global top five tplayers hold a share about 75%.

Japan is the largest market, with a share about 40%, followed by Europe and North America, having a total share about 45 percent.

In terms of product, the segment of product includes CR122, CR232, CR2441 and CR2442, CR321 and CR 322. And in terms of application, the largest application is Adhesive, followed by Industrial rubber Products, etc.

This report presents a comprehensive overview, market shares, and growth opportunities of Chloroprene Rubber (CR) market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type

CR122

CR232

CR2441 and CR2442

CR321 and CR 322

Segmentation by application

Adhesive

Industrial rubber Products

Others

This report also splits the market by region:

Americas

United States

Canada

Mexico

Brazil

APAC

China

Japan

Korea

Southeast Asia

India

Australia

Europe

Germany

France

UK

Italy

Russia

Middle East & Africa

Egypt

South Africa

Israel

Turkey

GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.

DOPONT

DENKI KAGAKU KOGYO KABUSHIKI KAISHA

LANXESS

COG

Tosoh Corporation

Shanna Synthetic Rubber

Changshou Chemical

Shanxi Synthetic Rubber Group

Pidilite

Showa Denko K.K

Nairit Plant

Key Questions Addressed in this Report

What is the 10-year outlook for the global Chloroprene Rubber (CR) market?

What factors are driving Chloroprene Rubber (CR) market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Chloroprene Rubber (CR) market opportunities vary by end market size?

How does Chloroprene Rubber (CR) break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.