Uploaded on May 10, 2021
Global Chloroprene Rubber Market: Information by Grade (Linear, Crystallizing Resistance, Sulfur Modified, Others), Application (Coatings & Adhesives, Wires & Cables, Hoses & Tubes, Others), End-Use Industry (Automotive, Construction, Furniture, Electronics, Textile, Others) and Region (Asia-Pacific, Europe, Latin America, North America and the Middle East & Africa) - Forecast till 2027
Chloroprene Rubber Market Analysis
Title :
Global Chloroprene Rubber Market Share SWOT Analysis, Key Indicators, Forecast 2027
Chloroprene Rubber Market Share From 2027: Growth Analysis By Manufacturers, Regions, Types
And Applications
Chloroprene Rubber Market Share, Size, Analysis and Forecast, 2027 | Demand & Future Growth
Opportunity
Chloroprene Rubber Market Share New Business Opportunities and Investment Research Report
by 2027, with Top companies
Chloroprene Rubber Market Share 2027| Country Level Analysis, Current Trade Size And Future
Chloroprene Rubber Market Share From 2027: Growth Analysis By Manufacturers, Regions, Types
And Applications
Description :
Global Chloroprene Rubber Market: Information by Grade (Linear, Crystallizing Resistance, Sulfur
Modified, Others), Application (Coatings & Adhesives, Wires & Cables, Hoses & Tubes, Others), End-
Use Industry (Automotive, Construction, Furniture, Electronics, Textile, Others) and Region (Asia-
Pacific, Europe, Latin America, North America and the Middle East & Africa) - Forecast till 2027
Keywords :
Chloroprene Rubber, Chloroprene Rubber Market, Global Chloroprene Rubber Market, Chloroprene
Rubber Market Share, Chloroprene Rubber Market Size, Chloroprene Rubber Market Trends,
Chloroprene Rubber Market Growth, Chloroprene Rubber Market Analysis, Chloroprene Rubber
Market Price, Chloroprene Rubber Market report, Chloroprene Rubber Industry, Chloroprene
Rubber Business
Chloroprene Rubber Market Share Analysis
Global Chloroprene Rubber Market is estimated to be valued at USD 1,576.3 Million by
2025, registering a CAGR of 3.80%.The growth of the global market is mainly driven by the growing
adoption of the product in a broad range of industries such as automotive, electronics, and furniture
owing to its superior properties such as resistance to weathering (both in dry and humid climates),
excellent combustion behavior, aging and heat resistance, high tensile strength, tear and wear
resistance, and high dynamic fatigue resistance.
The market players are emphasizing capacity expansion and new approaches to manufacture
chloroprene rubber. Increasing construction activities in the developing countries are likely to offer
significant growth opportunities to the players in the global chloroprene rubber market. The growth
of the medical industry and the growing popularity of chloroprene rubber in the manufacturing of
gloves are also expected to offer growth opportunities for the market players in the years to follow.
the global market has been segmented on the basis of grade, application, end-use industry, and
region. On the basis of grade, the global market has been divided into linear, crystallization
resistance, sulfur modified, and others. The linear segment held a significant share of 57.7% in 2018
and is expected to register a 3.56% CAGR during the review period. Linear-grade chloroprene rubber
is also known as the general purpose of chloroprene rubber grade. General-purpose/linear grade is
mostly produced with n-dodecyl mercaptan as the chain transfer agent and sometimes with
xanthogen disulfide. The crystallizing resistant segment is expected to register 4.12% CAGR by the
end of 2025. The crystallization-resistant grade is used to produce rubber articles, which are
required to retain their properties at very low temperatures.
Top Key Players
Market Research Future (MRFR) recognizes Denka Company Limited (Japan), Tosoh Corporation
(Japan), ARLANXEO (The Netherlands), SHOWA DENKO K.K (Japan), Shanxi Synthetic Rubber Group
Co.Ltd (China), and Chongqing Changshou Chemical Co., Ltd (China), Trelleborg AB (Sweden),
Polymer-Technik Elbe Gmbh (Germany), Maclellan Rubber Ltd (Germany), and Zenith Rubber
(India) as the Key Players in the Chloroprene Rubber Market Share .
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Regional Analysis
The Chloroprene Rubber Market Share, by region, has been segmented into Asia-Pacific, North
America, Europe, Latin America, and the Middle East & Africa.
As per MRFR analysis, the market in Asia-Pacific held the largest market share of 51.6 % in 2018 and
is expected to register 4.49% CAGR during the review period. The market growth can be attributed
to the rapid growth of major end-use industries particularly automotive, electrical & electronics, and
construction.
The market in Europe accounted for the second-largest share in 2018 and is expected to register
3.2% CAGR during the review period. The market in North America was valued at USD 189.5 in 2018
and is expected to reach USD 220.9 by the end of 2025. The market in Latin America and Middle East
& Africa are expected to register a growth rate of 3.86% and 3.54% respectively during the forecast
period.
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