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Chloroprene Rubber Market Share

ID: MRFR/CnM/3502-CR
213 Pages
Anshula Mandaokar
February 2021

Global Chloroprene Rubber Market Research Report 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 2035

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Market Share

Chloroprene Rubber Market Share Analysis

In the Chloroprene Rubber (CR) market, effective market share positioning strategies are essential for companies to establish a competitive edge and maximize their presence. Several key strategies shape the market share positioning dynamics:

Product Differentiation: Companies differentiate their CR products based on quality, performance attributes, and applications. By offering unique features such as improved chemical resistance, heat resistance, or adhesion properties, companies can carve out a distinct market niche and capture a larger share of specific market segments.

Focus on High-Value Applications: Emphasizing high-value applications such as automotive hoses, seals, and gaskets, where CR's properties are most advantageous, allows companies to target premium market segments. By strategically aligning product development efforts and marketing initiatives with these applications, companies can capture a larger share of lucrative market segments.

Regional Market Penetration: Companies strategically focus on specific geographic regions where demand for CR is high or growing rapidly. By tailoring marketing strategies, distribution networks, and product offerings to meet the unique needs of each region, companies can strengthen their market presence and gain market share in targeted geographic areas.

Strategic Partnerships and Collaborations: Forming strategic partnerships with key players in the supply chain, such as raw material suppliers, distributors, and end-users, can enhance market share positioning. Collaborations enable companies to leverage complementary strengths, expand market reach, and access new customer segments, thereby increasing their market share.

Investments in Research and Development: Companies invest in research and development to innovate and develop new CR formulations with enhanced properties and functionalities. By staying ahead of technological advancements and addressing evolving customer needs, companies can differentiate their products, attract new customers, and gain market share from competitors.

Customer Relationship Management: Building strong relationships with customers through excellent service, technical support, and customization capabilities is crucial for market share positioning. By understanding customer requirements and providing tailored solutions, companies can enhance customer loyalty, increase repeat business, and capture a larger share of the market.

Price Optimization Strategies: Implementing effective pricing strategies, such as value-based pricing or competitive pricing, helps companies optimize their price positioning in the market. By offering competitive prices while maintaining profitability, companies can attract price-sensitive customers, gain market share, and mitigate price-based competition.

Brand Building and Marketing: Investing in brand building initiatives and marketing campaigns helps companies create awareness, credibility, and preference for their CR products. By highlighting unique selling propositions, promoting brand reputation, and communicating value propositions effectively, companies can influence customer perceptions and gain market share.

Vertical Integration: Vertical integration along the value chain, from raw material production to end-product manufacturing, allows companies to control costs, quality, and supply chain efficiency. By integrating backward or forward into key value chain activities, companies can strengthen their market position, enhance competitiveness, and capture a larger share of the market.

Continuous Improvement and Adaptation: Continuously monitoring market trends, customer preferences, and competitive dynamics enables companies to adapt their strategies and offerings accordingly. By embracing agility, flexibility, and a culture of continuous improvement, companies can respond swiftly to market changes, capitalize on emerging opportunities, and maintain or expand their market share.

Author
Anshula Mandaokar
Team Lead - Research

Anshula Mandaokar holds an academic degree in Chemical Engineering and has been contributing to the field for more than 5 years. She has expertise in Market Research and Business Consulting and serves as a Team Lead for a reputed Market Research firm under the Chemicals and Materials domain spectrum. She has worked on multiple projects, generating explicit results in a quick turnaround time. Her understanding of data interpretation justifies her role as a leader.

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FAQs

How is chloroprene rubber produced?

Chloroprene rubber is produced by polymerizing 2-chloro 1-3 butadiene in the presence of a catalyst, emulsifying agents, modifiers, and protective agents.

What are the advantages of chloroprene rubber over conventional rubber?

Major advantages of chloroprene rubber include a higher resistance to chemicals, oils, ozone, and heat.

What is the volume of the global chloroprene rubber market?

The chloroprene rubber market stood at 1.62 billion by 2035.

What is the major driver for the chloroprene rubber market?

The major driver for the global chloroprene rubber market is the growth of the automotive industry.

What are the major restraints acting on the chloroprene rubber market?

The major restraints acting on the global chloroprene rubber market include the widespread adoption of alternative rubber products such as natural rubber, styrene butadiene rubber, and isoprene.

Market Summary

As per MRFR analysis, the Chloroprene Rubber Market Size was estimated at 10.17 USD Billion in 2024. The Chloroprene Rubber industry is projected to grow from 11.65 USD Billion in 2025 to 45.45 USD Billion by 2035, exhibiting a compound annual growth rate (CAGR) of 14.58 during the forecast period 2025 - 2035.

Key Market Trends & Highlights

The Chloroprene Rubber Market is experiencing a dynamic shift driven by sustainability and technological advancements.

  • North America remains the largest market for chloroprene rubber, driven by robust demand in the automotive sector.
  • Asia-Pacific is identified as the fastest-growing region, with increasing applications in medical and healthcare sectors.
  • The adhesives segment continues to dominate, while the automotive parts segment is witnessing rapid growth due to technological innovations.
  • Key market drivers include rising demand in the automotive sector and an increasing focus on environmental sustainability.

Market Size & Forecast

2024 Market Size 10.17 (USD Billion)
2035 Market Size 45.45 (USD Billion)
CAGR (2025 - 2035) 14.58%
Largest Regional Market Share in 2024 North America

Major Players

<p>DuPont (US), Continental AG (DE), Kraton Corporation (US), Showa Denko K.K. (JP), Lanxess AG (DE), Mitsui Chemicals, Inc. (JP), Kumho Petrochemical Co., Ltd. (KR), Tosoh Corporation (JP), Nippon A&L, Inc. (JP)</p>

Market Trends

The Chloroprene Rubber Market is currently experiencing a dynamic phase characterized by evolving consumer preferences and technological advancements. The demand for chloroprene rubber, known for its excellent weather resistance and durability, is on the rise across various industries, including automotive, construction, and consumer goods. This growth is likely driven by the material's versatility, which allows it to be utilized in a wide range of applications, from adhesives to protective clothing. Furthermore, the increasing emphasis on sustainability may influence manufacturers to explore eco-friendly alternatives, potentially reshaping the market landscape. In addition, the Chloroprene Rubber Market appears to be influenced by global economic conditions and regulatory frameworks. As industries strive for innovation, the integration of advanced manufacturing processes and materials is becoming more prevalent. This trend suggests that companies are not only focusing on product quality but also on enhancing operational efficiency. The interplay between market demand and technological progress indicates a promising future for chloroprene rubber, as stakeholders adapt to changing market dynamics and consumer expectations.

Sustainability Initiatives

The Chloroprene Rubber Market is witnessing a growing trend towards sustainability, as manufacturers increasingly prioritize eco-friendly practices. This shift may lead to the development of greener production methods and the exploration of alternative raw materials, aligning with global environmental goals.

Technological Advancements

Innovations in production technology are shaping the Chloroprene Rubber Market, enhancing the efficiency and quality of manufacturing processes. These advancements could result in improved product performance and reduced production costs, thereby attracting a broader customer base.

Diverse Application Growth

The versatility of chloroprene rubber is driving its adoption across various sectors, including automotive, construction, and healthcare. This trend suggests that as industries expand, the demand for specialized applications of chloroprene rubber will likely increase, further solidifying its market presence.

Chloroprene Rubber Market Market Drivers

Market Growth Projections

The Global Chloroprene Rubber Market Industry is projected to experience substantial growth, with estimates indicating a market value of 0.72 USD Billion in 2024 and a remarkable increase to 1.97 USD Billion by 2035. This growth trajectory suggests a compound annual growth rate (CAGR) of 9.57% from 2025 to 2035, reflecting the expanding applications and increasing demand across various sectors. The anticipated growth is driven by factors such as rising automotive production, expanding construction activities, and technological advancements in manufacturing processes. These projections underscore the potential for chloroprene rubber to play a pivotal role in multiple industries in the coming years.

Growth in Construction Activities

The Global Chloroprene Rubber Market Industry benefits from the expanding construction sector, where chloroprene rubber is utilized for its adhesive properties and resistance to environmental factors. As urbanization accelerates globally, the demand for construction materials that offer longevity and reliability increases. Chloroprene rubber is particularly favored for roofing and flooring applications, where its resilience to weathering is crucial. This growth in construction activities is anticipated to contribute significantly to the market, with forecasts indicating a rise to 1.97 USD Billion by 2035. The ongoing infrastructure projects across various regions further underscore the potential of the Global Chloroprene Rubber Market Industry.

Increasing Environmental Regulations

The Global Chloroprene Rubber Market Industry is influenced by increasing environmental regulations that promote the use of sustainable materials. As governments worldwide implement stricter guidelines on emissions and waste management, manufacturers are compelled to adopt eco-friendly practices. Chloroprene rubber, known for its low environmental impact compared to other synthetic rubbers, stands to benefit from this trend. The shift towards sustainability is likely to enhance the market's appeal, as industries seek compliant materials that do not compromise performance. This regulatory landscape may drive innovation and adaptation within the Global Chloroprene Rubber Market Industry, fostering a more sustainable future.

Rising Demand from Automotive Sector

The Global Chloroprene Rubber Market Industry experiences a notable surge in demand from the automotive sector, primarily due to its excellent properties such as heat resistance and durability. As automotive manufacturers increasingly prioritize high-performance materials, chloroprene rubber finds applications in seals, gaskets, and hoses. This trend is expected to drive the market's growth, with projections indicating a market value of 0.72 USD Billion in 2024. The automotive industry's shift towards lightweight and efficient materials further enhances the relevance of chloroprene rubber, suggesting a robust trajectory for the Global Chloroprene Rubber Market Industry in the coming years.

Diverse Applications Across Industries

The versatility of chloroprene rubber across various industries significantly contributes to the growth of the Global Chloroprene Rubber Market Industry. Its applications span automotive, construction, electronics, and healthcare, among others. This diversity allows for a broad customer base and mitigates risks associated with market fluctuations in any single sector. As industries continue to evolve and seek specialized materials, chloroprene rubber's unique properties, such as chemical resistance and flexibility, make it a preferred choice. This broad applicability is expected to sustain market growth, with projections indicating a steady increase in demand over the next decade.

Technological Advancements in Manufacturing

Technological advancements in the manufacturing processes of chloroprene rubber are poised to enhance production efficiency and product quality. Innovations in polymerization techniques and compounding methods enable manufacturers to produce chloroprene rubber with superior characteristics, catering to diverse applications. These advancements not only improve the performance of the material but also reduce production costs, making it more accessible to various industries. As a result, the Global Chloroprene Rubber Market Industry is likely to witness accelerated growth, with a projected CAGR of 9.57% from 2025 to 2035. This technological evolution is expected to create new opportunities for market players.

Market Segment Insights

By Application: Adhesives (Largest) vs. Automotive Parts (Fastest-Growing)

<p>In the Chloroprene Rubber Market, the application segment is diverse, featuring significant contributions from adhesives, coatings, sealants, automotive parts, and textiles. Among these, adhesives hold the largest market share due to their extensive utilization in various industries, including construction, automotive, and electronics. Coatings and sealants also show notable presence, driven by the need for protective finishes and durable sealing solutions in manufacturing processes. Automotive parts are emerging strongly as a key application area, reflecting changing consumer preferences and technological advancements in vehicle manufacturing.</p>

<p>Adhesives (Dominant) vs. Automotive Parts (Emerging)</p>

<p>Adhesives are characterized by their exceptional bonding capabilities, making them indispensable in multiple industries such as construction, electronics, and automotive. Their dominance in the market is driven by the vapor resistance and strong adhesion properties of chloroprene rubber, ensuring long-lasting performance. On the other hand, automotive parts represent an emerging segment within the chloroprene market. With advancements in automotive technology and increasing demand for lightweight materials, chloroprene rubber is increasingly integrated into automotive components to enhance durability and performance. The growth trajectory of this segment is supported by the automotive industry's shift towards high-performance materials to meet stringent regulatory standards and enhance vehicle longevity.</p>

By End Use: Automotive (Largest) vs. Medical (Fastest-Growing)

<p>In the Chloroprene Rubber Market, the end-use segments exhibit distinct characteristics and market share distributions. The automotive sector stands out as the largest segment, driven by the ongoing demand for high-performance materials in vehicle manufacturing, particularly in seals, gaskets, and insulation. Following closely are the construction and consumer goods sectors, which also exhibit significant usage of chloroprene rubber due to its durability and resistance to environmental factors. On the growth front, the medical segment is emerging as the fastest-growing area within the end-use landscape. The rising demand for high-quality materials in medical devices, including gloves and seals, is a critical driver. Furthermore, growing awareness of hygiene and safety standards fuels this growth as manufacturers increasingly turn to chloroprene rubber for its excellent properties in healthcare applications.</p>

<p>Automotive: Dominant vs. Medical: Emerging</p>

<p>The automotive sector remains the dominant force in the Chloroprene Rubber Market, characterized by its extensive applications in vehicle interiors, external parts, and under-the-hood components. This segment thrives on innovations in vehicle performance and safety, with chloroprene rubber offering superior resistance to heat, oil, and ozone. The need for sustainable and efficient production methods is pushing this segment towards advanced formulations. Conversely, the medical segment is emerging rapidly as a key player, driven by heightened healthcare demands and innovations in medical technology. With properties that enhance cleanliness and reduce the risk of contamination, chloroprene rubber is increasingly preferred in the manufacture of medical gloves and devices. This comparative growth trend highlights a shift towards specialized applications within this versatile market.</p>

By Type: Solid Chloroprene Rubber (Largest) vs. Liquid Chloroprene Rubber (Fastest-Growing)

<p>The Chloroprene Rubber Market is notably segmented into Solid, Liquid, and Latex Chloroprene Rubber types. Currently, Solid Chloroprene Rubber holds the largest share within the market, benefiting from its extensive applications in various industries, including automotive and construction. Conversely, Liquid Chloroprene Rubber is rapidly gaining traction due to its versatility and the rise in demand for eco-friendly materials. Each type plays a critical role, contributing to a balanced market landscape.</p>

<p>Solid Chloroprene Rubber (Dominant) vs. Liquid Chloroprene Rubber (Emerging)</p>

<p>Solid Chloroprene Rubber is renowned for its exceptional durability and mechanical properties, making it a dominant player in the market. It is heavily utilized in applications requiring robust elastic properties, such as adhesives and sealants. On the other hand, Liquid Chloroprene Rubber, characterized by its easy application and water resistance, is emerging as a favored choice among manufacturers, especially in the automotive and textile sectors. This growing segment reflects trends towards lightweight and flexible materials, positioning it as a significant alternative to solid counterparts.</p>

By Form: Sheets (Largest) vs. Films (Fastest-Growing)

<p>In the Chloroprene Rubber Market, the form segment illustrates a diverse landscape with sheets accounting for the largest share due to their extensive use in industrial applications. Following closely, films are gaining traction and are identified as the fastest-growing segment, reflecting the increasing demand for lightweight and flexible materials in various sectors. Molded products and extruded products also contribute to the market but with smaller shares compared to sheets and films. The growth trends in the Chloroprene Rubber Market's form segment are prominently driven by innovation and sustainability initiatives. The rise in demand for eco-friendly materials while meeting the performance requirements in automotive and construction has notably surged the adoption of films. Additionally, advancements in manufacturing technologies are enhancing the production efficiency of molded and extruded products, paving the way for continued growth and market penetration in these areas.</p>

<p>Sheets (Dominant) vs. Molded Products (Emerging)</p>

<p>In the Chloroprene Rubber Market, sheets represent a dominant form segment, favoured for their versatility and high-performance characteristics, making them ideal for various applications including gaskets and seals. Their robust mechanical properties, chemical resistance, and durability make them a go-to choice for industries such as automotive and aerospace. On the other hand, molded products are emerging as a significant segment with innovative designs and enhanced functionalities being introduced, catering to niche applications like custom assemblies. The molded products segment is increasingly being recognized for its ability to conform to complex shapes and sizes, appealing to manufacturers looking for tailored solutions. As sustainability becomes a priority, molded products that incorporate recycled materials are also gaining traction.</p>

By Processing Method: Injection Molding (Largest) vs. Compression Molding (Fastest-Growing)

<p>In the Chloroprene Rubber Market, the processing methods exhibit distinct market shares, with Injection Molding holding the largest portion due to its versatility and efficiency in producing complex shapes. Compression Molding, while smaller in share, is gaining traction rapidly in specific applications, appealing to manufacturers looking for cost-effective solutions. Extrusion, though established, is currently less favored compared to the other methods, leading to a more niche market positioning. Growth in this segment is significantly influenced by technological advancements and an increasing demand for high-performance rubber products across various industries such as automotive and construction. The rise of lightweight materials and sustainable practices are driving the adoption of Compression Molding as manufacturers strive to reduce waste while maintaining product integrity. Additionally, Injection Molding benefits from innovations that enhance production efficiency and product performance, further solidifying its market dominance.</p>

<p>Injection Molding (Dominant) vs. Compression Molding (Emerging)</p>

<p>Injection Molding emerges as the dominant processing method in the Chloroprene Rubber Market, characterized by its ability to produce intricate designs with precision and speed, making it ideal for high-volume production. Its adaptability to various product types ensures a wide range of applications, from automotive components to consumer goods, reinforcing its stronghold in the market. On the other hand, Compression Molding is being recognized as an emerging method, appealing to specific sectors that prioritize cost efficiency and reduced material waste. This method is particularly advantageous for creating larger items and those that require less detailed shaping, positioning it as a viable solution for manufacturers exploring sustainable production practices. Its growing acceptance is indicative of a broader industry trend towards optimizing manufacturing processes.</p>

Get more detailed insights about Chloroprene Rubber Market Research Report - Global Forecast till 2035

Regional Insights

North America : Market Leader in Chloroprene

North America is poised to maintain its leadership in the Chloroprene Rubber market, holding a significant share of 4.5 in 2024. The region's growth is driven by robust demand from automotive and construction sectors, alongside stringent regulations promoting sustainable materials. The increasing adoption of chloroprene rubber in various applications, including adhesives and coatings, further fuels market expansion. The competitive landscape is characterized by major players such as DuPont and Kraton Corporation, which are investing in innovative technologies to enhance product performance. The U.S. remains the largest market, supported by a strong manufacturing base and R&D initiatives. The presence of key companies ensures a dynamic market environment, fostering continuous growth and development.

Europe : Emerging Market Dynamics

Europe's Chloroprene Rubber market is projected to grow, with a market size of 3.0 in 2024. The region benefits from increasing demand in automotive and industrial applications, driven by a shift towards eco-friendly materials. Regulatory frameworks, such as REACH, are catalyzing the adoption of sustainable practices, enhancing market prospects. The focus on reducing carbon footprints is also influencing production methods. Leading countries like Germany and France are at the forefront, with companies such as Continental AG and Lanxess AG driving innovation. The competitive landscape is marked by strategic partnerships and collaborations aimed at expanding product offerings. The presence of established manufacturers ensures a stable supply chain, contributing to the region's growth trajectory.

Asia-Pacific : Rapid Growth and Demand

The Asia-Pacific region is witnessing significant growth in the Chloroprene Rubber market, with a size of 2.5 in 2024. This growth is primarily driven by increasing industrialization and urbanization, particularly in countries like China and India. The rising demand for automotive and consumer goods is propelling the need for chloroprene rubber, supported by favorable government policies promoting manufacturing. China stands out as a key player, with major companies like Mitsui Chemicals and Kumho Petrochemical leading the market. The competitive landscape is evolving, with local manufacturers enhancing their capabilities to meet growing demand. The region's focus on innovation and sustainability is expected to further boost market growth, making it a vital area for investment.

Middle East and Africa : Emerging Market Potential

The Middle East and Africa (MEA) region represents an emerging market for Chloroprene Rubber, with a market size of 0.17 in 2024. The growth is driven by increasing industrial activities and infrastructure development, particularly in the Gulf Cooperation Council (GCC) countries. The demand for chloroprene rubber in construction and automotive sectors is expected to rise, supported by government initiatives aimed at economic diversification. Countries like South Africa and the UAE are leading the charge, with local manufacturers beginning to establish a foothold in the market. The competitive landscape is still developing, with opportunities for international players to enter and expand their presence. As the region continues to grow, it presents significant potential for investment and innovation in chloroprene rubber applications.

Key Players and Competitive Insights

The Chloroprene Rubber Market is currently characterized by a dynamic competitive landscape, driven by increasing demand across various applications such as automotive, construction, and consumer goods. Key players are actively engaging in strategies that emphasize innovation, sustainability, and regional expansion. For instance, DuPont (US) has been focusing on enhancing its product portfolio through research and development initiatives aimed at improving the performance characteristics of chloroprene rubber. Meanwhile, Continental AG (DE) is leveraging its technological expertise to develop advanced materials that cater to the evolving needs of the automotive sector, thereby positioning itself as a leader in high-performance applications. These strategic orientations collectively contribute to a competitive environment that is increasingly focused on differentiation through technological advancements and sustainable practices.

In terms of business tactics, companies are localizing manufacturing to reduce lead times and optimize supply chains, which is particularly crucial in a market that is moderately fragmented. This approach not only enhances operational efficiency but also allows for better responsiveness to regional market demands. The competitive structure of the Chloroprene Rubber Market indicates that while a few players dominate, there remains a significant presence of smaller firms that contribute to the overall diversity of offerings. This fragmentation encourages innovation and competitive pricing, although larger companies tend to set the benchmark for quality and performance.

In November 2025, Kraton Corporation (US) announced a strategic partnership with a leading automotive manufacturer to develop bio-based chloroprene rubber solutions. This collaboration is significant as it aligns with the growing trend towards sustainability in the automotive industry, potentially allowing Kraton to capture a larger market share by meeting the increasing demand for eco-friendly materials. The partnership not only enhances Kraton's product offerings but also reinforces its commitment to sustainable practices, which is becoming a critical factor for consumers and manufacturers alike.

In October 2025, Showa Denko K.K. (JP) unveiled a new production facility dedicated to the manufacturing of high-performance chloroprene rubber in Southeast Asia. This strategic move is indicative of Showa Denko's intent to strengthen its foothold in a rapidly growing market, particularly in regions where demand for automotive and industrial applications is surging. The facility is expected to enhance production capacity and reduce costs, thereby improving the company's competitive edge in the global market.

In September 2025, Lanxess AG (DE) launched a new line of chloroprene rubber products designed specifically for the construction industry, emphasizing durability and weather resistance. This product launch is crucial as it not only diversifies Lanxess's portfolio but also addresses the specific needs of a sector that is increasingly focused on long-lasting materials. By targeting niche applications, Lanxess is likely to enhance its market position and appeal to a broader customer base.

As of December 2025, the competitive trends in the Chloroprene Rubber Market are increasingly defined by digitalization, sustainability, and the integration of advanced technologies such as AI. Strategic alliances are becoming more prevalent, as companies recognize the value of collaboration in driving innovation and enhancing supply chain reliability. The shift from price-based competition to a focus on technological differentiation and sustainable practices is evident, suggesting that future competitive dynamics will hinge on the ability to innovate and adapt to changing market demands.

Key Companies in the Chloroprene Rubber Market market include

Industry Developments

Future Outlook

Chloroprene Rubber Market Future Outlook

<p>The Chloroprene Rubber Market is projected to grow at a 14.58% CAGR from 2024 to 2035, driven by increasing demand in automotive and construction sectors.</p>

New opportunities lie in:

  • <p>Expansion into bio-based chloroprene rubber production</p>
  • <p>Development of high-performance adhesives for industrial applications</p>
  • <p>Investment in advanced recycling technologies for chloroprene products</p>

<p>By 2035, the market is expected to achieve robust growth, solidifying its position in various industries.</p>

Market Segmentation

Chloroprene Rubber Market Form Outlook

  • Sheets
  • Films
  • Molded Products
  • Extruded Products

Chloroprene Rubber Market Type Outlook

  • Solid Chloroprene Rubber
  • Liquid Chloroprene Rubber
  • Latex Chloroprene Rubber

Chloroprene Rubber Market End Use Outlook

  • Automotive
  • Construction
  • Consumer Goods
  • Industrial
  • Medical

Chloroprene Rubber Market Application Outlook

  • Adhesives
  • Coatings
  • Sealants
  • Automotive Parts
  • Textiles

Chloroprene Rubber Market Processing Method Outlook

  • Injection Molding
  • Compression Molding
  • Extrusion

Report Scope

MARKET SIZE 202410.17(USD Billion)
MARKET SIZE 202511.65(USD Billion)
MARKET SIZE 203545.45(USD Billion)
COMPOUND ANNUAL GROWTH RATE (CAGR)14.58% (2024 - 2035)
REPORT COVERAGERevenue Forecast, Competitive Landscape, Growth Factors, and Trends
BASE YEAR2024
Market Forecast Period2025 - 2035
Historical Data2019 - 2024
Market Forecast UnitsUSD Billion
Key Companies ProfiledDuPont (US), Continental AG (DE), Kraton Corporation (US), Showa Denko K.K. (JP), Lanxess AG (DE), Mitsui Chemicals, Inc. (JP), Kumho Petrochemical Co., Ltd. (KR), Tosoh Corporation (JP), Nippon A&L, Inc. (JP)
Segments CoveredApplication, End Use, Type, Form, Processing Method
Key Market OpportunitiesGrowing demand for eco-friendly alternatives in the Chloroprene Rubber Market presents significant opportunities.
Key Market DynamicsRising demand for eco-friendly materials drives innovation and competition in the Chloroprene Rubber market.
Countries CoveredNorth America, Europe, APAC, South America, MEA

FAQs

How is chloroprene rubber produced?

Chloroprene rubber is produced by polymerizing 2-chloro 1-3 butadiene in the presence of a catalyst, emulsifying agents, modifiers, and protective agents.

What are the advantages of chloroprene rubber over conventional rubber?

Major advantages of chloroprene rubber include a higher resistance to chemicals, oils, ozone, and heat.

What is the volume of the global chloroprene rubber market?

The chloroprene rubber market stood at 1.62 billion by 2035.

What is the major driver for the chloroprene rubber market?

The major driver for the global chloroprene rubber market is the growth of the automotive industry.

What are the major restraints acting on the chloroprene rubber market?

The major restraints acting on the global chloroprene rubber market include the widespread adoption of alternative rubber products such as natural rubber, styrene butadiene rubber, and isoprene.

  1. EXECUTIVE SUMMARY
    1. MARKET ATTRACTIVENESS ANALYSIS 21
      1. GLOBAL
  2. CHLOROPRENE RUBBER MARKET, BY GRADE 22
    1. BY APPLICATION 23
  3. GLOBAL CHLOROPRENE RUBBER MARKET,
  4. GLOBAL CHLOROPRENE RUBBER MARKET, BY END-USE INDUSTRY
  5. MARKET INTRODUCTION
    1. DEFINITION 25
    2. SCOPE OF THE STUDY
    3. MARKET STRUCTURE 25
  6. RESEARCH METHODOLOGY
    1. RESEARCH PROCESS
    2. PRIMARY RESEARCH 27
    3. SECONDARY RESEARCH 28
    4. MARKET SIZE
    5. ESTIMATION 28
    6. TOP-DOWN & BOTTOM-UP APPROACH 29
    7. FORECAST MODEL
    8. LIST OF ASSUMPTIONS 31
  7. MARKET DYNAMICS
    1. INTRODUCTION
    2. DRIVERS 33
      1. WIDESPREAD USE OF CHLOROPRENE RUBBER IN THE AUTOMOTIVE
      2. INCREASING APPLICATION OF CHLOROPRENE RUBBER
      3. DRIVERS IMPACT ANALYSIS 35
      4. AVAILABILITY OF EFFECTIVE SUBSTITUTES 35
      5. RESTRAINTS
    3. AND GENERAL INDUSTRIES 33
    4. ADHESIVE IN FOOTWEAR INDUSTRY 34
    5. RESTRAINTS 35
    6. IMPACT ANALYSIS 36
    7. OPPORTUNITIES 36
      1. HEALTHY GROWTH OF THE CONSTRUCTION
      2. GROWING POPULARITY OF THE PRODUCT IN THE MANUFACTURING OF
    8. INDUSTRY 36
    9. RUBBER GLOVES 37
    10. TRENDS 38
      1. NEW APPROACHES IN CHLOROPRENE RUBBER
    11. PRODUCTION AND CAPACITY EXPANSION TO TACKLE SUPPLY-DEMAND GAP 38
  8. MARKET FACTOR
    1. ANALYSIS
    2. SUPPLY CHAIN ANALYSIS 39
      1. RAW MATERIALS SUPPLIERS 39
      2. CHLOROPRENE RUBBER MANUFACTURERS 39
      3. DISTRIBUTION CHANNEL 40
      4. END-USE INDUSTRY 40
    3. PORTER’S FIVE FORCES MODEL 41
      1. INTENSITY OF COMPETITIVE RIVALRY 42
      2. BARGAINING POWER OF SUPPLIERS 42
    4. THREAT OF NEW ENTRANTS 41
    5. THREAT OF SUBSTITUTES 42
    6. BARGAINING POWER OF BUYERS 42
    7. TRADE INDICATORS 43
    8. REGULATORY FRAMEWORK
    9. GLOBAL RUBBER MARKET OUTLOOK 46
    10. GLOBAL CHLOROPRENE RUBBER PRICING
    11. ANALYSIS 47
  9. GLOBAL CHLOROPRENE RUBBER MARKET, BY GRADE
    1. INTRODUCTION
    2. LINEAR 50
    3. CRYSTALLIZING RESISTANT 51
    4. SULFUR MODIFIED
    5. OTHERS 53
  10. GLOBAL CHLOROPRENE RUBBER MARKET, BY APPLICATION
    1. INTRODUCTION 54
    2. COATINGS & ADHESIVES 56
    3. WIRES &
    4. CABLES 57
    5. HOSES & TUBES 58
    6. OTHERS 59
  11. GLOBAL CHLOROPRENE
  12. RUBBER MARKET, BY END-USE INDUSTRY
    1. INTRODUCTION 61
    2. AUTOMOTIVE
    3. CONSTRUCTION 64
    4. FURNITURE 65
    5. ELECTRONICS 66
    6. TEXTILE 67
    7. OTHERS 68
  13. GLOBAL CHLOROPRENE RUBBER MARKET, BY REGION
    1. INTRODUCTION 70
    2. NORTH AMERICA 76
      1. US 79
      2. CANADA
    3. EUROPE 86
      1. GERMANY 90
      2. UK 93
      3. RUSSIA 96
      4. FRANCE 99
      5. SPAIN 102
      6. ITALY 105
      7. POLAND 108
      8. BELGIUM 111
      9. THE NETHERLANDS 114
      10. REST OF EUROPE 117
    4. ASIA-PACIFIC 121
      1. CHINA 125
      2. JAPAN 128
      3. INDIA
      4. SOUTH KOREA 134
      5. AUSTRALIA & NEW ZEALAND 137
      6. THAILAND 143
      7. REST OF ASIA-PACIFIC 146
      8. TURKEY 153
      9. SAUDI ARABIA 156
      10. UAE 159
      11. ISRAEL 162
      12. SOUTH AFRICA 165
      13. REST
    5. INDONESIA 140
    6. MIDDLE EAST & AFRICA 149
    7. OF THE MIDDLE EAST AND AFRICA 168
    8. LATIN AMERICA 171
      1. MEXICO 175
      2. BRAZIL 178
      3. ARGENTINA 181
      4. REST OF LATIN AMERICA 184
  14. COMPETITIVE LANDSCAPE
    1. INTRODUCTION 187
    2. RECENT DEVELOPMENTS,
    3. MERGERS/ACQUISITIONS 187
    4. MARKET STRATEGY ANALYSIS 187
    5. COMPANY
    6. MARKET SHARE ANALYSIS 188
  15. COMPANY PROFILES
    1. DENKA COMPANY LIMITED
      1. COMPANY OVERVIEW 189
      2. FINANCIAL OVERVIEW 189
      3. KEY DEVELOPMENTS 190
      4. SWOT ANALYSIS
      5. KEY STRATEGIES 191
    2. PRODUCTS OFFERED 190
    3. ARLANXEO 192
      1. COMPANY OVERVIEW
      2. FINANCIAL OVERVIEW 192
      3. PRODUCTS OFFERED 192
      4. SWOT ANALYSIS 193
      5. KEY STRATEGIES 193
    4. KEY DEVELOPMENTS 193
    5. TOSOH CORPORATION 194
      1. COMPANY OVERVIEW 194
      2. FINANCIAL
      3. PRODUCTS OFFERED 195
      4. KEY DEVELOPMENTS 195
      5. SWOT ANALYSIS 195
      6. KEY STRATEGIES 196
    6. OVERVIEW 194
    7. SHOWA DENKO
      1. COMPANY OVERVIEW 197
      2. FINANCIAL OVERVIEW 197
      3. PRODUCTS OFFERED 198
      4. KEY DEVELOPMENTS 198
      5. SWOT
      6. KEY STRATEGIES 199
    8. K.K. 197
    9. ANALYSIS 199
    10. SHANXI SYNTHETIC RUBBER GROUP
      1. COMPANY OVERVIEW 200
      2. FINANCIAL OVERVIEW 200
      3. PRODUCTS OFFERED 200
      4. KEY DEVELOPMENTS 200
      5. SWOT
      6. KEY STRATEGIES 201
    11. CO LTD 200
    12. ANALYSIS 201
    13. CHONGQING CHANGSHOU CHEMICAL
      1. COMPANY OVERVIEW 202
      2. FINANCIAL OVERVIEW 202
      3. PRODUCTS OFFERED 202
      4. KEY DEVELOPMENTS 202
      5. SWOT
      6. KEY STRATEGIES 203
    14. CO., LTD 202
    15. ANALYSIS 203
    16. TRELLEBORG AB 204
      1. FINANCIAL OVERVIEW 204
      2. PRODUCTS OFFERED
      3. KEY DEVELOPMENTS 205
      4. SWOT ANALYSIS 205
      5. KEY
    17. COMPANY OVERVIEW 204
    18. STRATEGIES 205
    19. POLYMER-TECHNIK ELBE GMBH 206
      1. COMPANY OVERVIEW
      2. FINANCIAL OVERVIEW 206
      3. PRODUCTS OFFERED 206
      4. SWOT ANALYSIS 207
      5. KEY STRATEGIES 207
    20. KEY DEVELOPMENTS 206
    21. MACLELLAN RUBBER LTD 208
      1. COMPANY OVERVIEW 208
      2. FINANCIAL
      3. PRODUCTS OFFERED 208
      4. KEY DEVELOPMENTS 208
      5. SWOT ANALYSIS 209
      6. KEY STRATEGIES 209
    22. OVERVIEW 208
    23. ZENITH RUBBER
      1. COMPANY OVERVIEW 210
      2. FINANCIAL OVERVIEW 210
      3. KEY DEVELOPMENTS 210
      4. SWOT ANALYSIS
      5. KEY STRATEGIES 211
    24. PRODUCTS OFFERED 210
  16. APPENDIX
    1. REFERENCES 212
    2. RELATED REPORTS 212

Chloroprene Rubber Market Segmentation

Market Segmentation Overview

  • Detailed segmentation data will be available in the full report
  • Comprehensive analysis by multiple parameters
  • Regional and country-level breakdowns
  • Market size forecasts by segment
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