The global Chloroprene Rubber market was valued at 1573.41 Million USD in 2021 and will grow with a CAGR of 4.04% from 2021 to 2027, based on HNY Research newly published report.

The prime objective of this report is to provide the insights on the post COVID-19 impact wwhich will help market players in this field evaluate their business approaches. Also, this report covers market segmentation by major market verdors, types, applications/end users and geography(North America, East Asia, Europe, South Asia, Southeast Asia, Middle East, Africa, Oceania, South America).

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.Asia Pacific is expected to be the largest and fastest growing market for chloroprene rubber owing to surging demand from China in diverse automobile and industrial component applications. North America and Europe are anticipated to witness significant growth following Asia Pacific on account of increasing population and rapid industrialization over the forecast period. Extensive R&D in terms of replacing smoked rubber suppression with vulcanization in chloroprene manufacturing process owing to benefits including retention of elastic memory and nonabsorbent properties are expected to provide extensive growth potential to key market participants.

By Market Verdors:

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

By Types:

Acetylene Method

Butadiene Method

By Applications:

Adhesive

Industrial Rubber Products

Key Indicators Analysed

Market Players & Competitor Analysis: The report covers the key players of the industry including Company Profile, Product Specifications, Production Capacity/Sales, Revenue, Price and Gross Margin 2016-2027 & Sales with a thorough analysis of the market’s competitive landscape and detailed information on vendors and comprehensive details of factors that will challenge the growth of major market vendors.

Global and Regional Market Analysis: The report includes Global & Regional market status and outlook 2016-2027. Further the report provides break down details about each region & countries covered in the report. Identifying its sales, sales volume & revenue forecast. With detailed analysis by types and applications.

Market Trends: Market key trends which include Increased Competition and Continuous Innovations.

Opportunities and Drivers: Identifying the Growing Demands and New Technology

Porters Five Force Analysis: The report provides with the state of competition in industry depending on five basic forces: threat of new entrants, bargaining power of suppliers, bargaining power of buyers, threat of substitute products or services, and existing industry rivalry.

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