Global Chloroprene Rubber Market

Global Chloroprene Rubber Market Overview

• The Global Chloroprene Rubber Market Size is Expected to Grow from USD 1.10 Billion in 2023 to USD 1.71 Billion by 2033, Growing at a CAGR of 4.51% during the forecast period 2023 to 2033.
• The market expansion is driven by the growing need for long-lasting and high-performance materials, and improvements in production processes.
• Further propelling the market expansion of chloroprene rubber is the creation of environmentally suitable substitutes due to the increased emphasis on sustainability and environmental regulations.
• Moreover, major businesses are investing in R&D to launch new products and increase their market share.

Major vendors in the global chloroprene rubber market

DuPont Performance Elastomers, Showa Denko K.K., Denka Group, Shanxi Synthetic Rubber Group Co. Ltd., Chongqing Longevity Salt and Chemical Co. Ltd., Lanxess AG, Tosoh Corporation, Nairit Plant CJSC, Zenith Industrial Rubber Products Pvt. Ltd., Asahi Kasei Chemicals Corporation, Dow Chemical Company., ARLANXEO, SEDO Chemicals Neoprene GmbH, Qingdao Nova Rubber, and others.

Market Segment

This study forecasts revenue at global, regional, and country levels from 2023 to 2033. Spherical Insights has segmented the chloroprene rubber market based on the below-mentioned segments:

Global Chloroprene Rubber Market, By Grade

• Linear
• Crystallizing Resistance
• Sulfur Modified
• Others

Global Chloroprene Rubber Market, By Application

• Coatings & Adhesives
• Wires & Cables
• Hoses & Tubes
• Others

Global Chloroprene Rubber Market, By End User

• Automotive
• Electrical and Electronics
• Construction
• Textile
• Others

Global Chloroprene Rubber Market, By Regional Analysis

• North America
  • US
  • Canada
  • Mexico
• Europe
  • Germany
  • UK
  • France
  • Italy
  • Spain
  • Russia
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Australia
  • Rest of Asia Pacific
• South America
  • Brazil
  • Argentina
  • Rest of South America
• Middle East & Africa
  • UAE
  • Saudi Arabia
  • Qatar
  • South Africa
  • Rest of the Middle East & Africa