Global Chloroprene Rubber (CR) Market Insights and Forecast to 2027

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.
Major manufacturers of chloroprene rubber is mainly in Japan, Europe and China. And production in Europe can be gradually shifted to Japan.

There are only 11 manufacturers all over the world. In the future, it is likely that the chloroprene rubber business will not expanse.

Due to backward technology, China chloroprene rubber is not dominant in international trade.

Japan chloroprene rubber price is not high. As the DuPont chloroprene rubber business is sold to Japanese companies, Japan is expected to occupy most market share in global.

Chloroprene rubber process costs high and pollutes the environment, also the alternative product EPDM is much cheaper than chloroprene rubber, therefore Chloroprene rubber products tend to shrinking in the future.

Market Analysis and Insights: Global Chloroprene Rubber (CR) Market
The global Chloroprene Rubber (CR) market is valued at US$ 1615.7 million in 2019. The market size will reach US$ 2113.9 million by the end of 2026, growing at a CAGR of 3.9% during 2021-2026.

Global Chloroprene Rubber (CR) Scope and Segment
Chloroprene Rubber (CR) market is segmented by Type, and by Application. Players, stakeholders, and other participants in the global Chloroprene Rubber (CR) market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on production capacity, revenue and forecast by Type and by Application for the period 2016-2027.

Segment by Type
CR122
CR232
CR2441 and CR2442
CR321 and CR 322

Segment by Application
Solvent-based adhesive
Latex type adhesive

By Company
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

Production by Region
North America
Europe
China
Japan

Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
U.A.E

Frequently Asked Questions

This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.
  • By product type
  • By End User/Applications
  • By Technology
  • By Region
The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.
Details
QYR-17978061

14-Apr-2021

110
License