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.
Market Analysis and Insights: Global Chloroprene Rubber (CR) Market
Due to the COVID-19 pandemic, the global Chloroprene Rubber (CR) market size is estimated to be worth US$ 1746 million in 2022 and is forecast to a readjusted size of US$ 2196.5 million by 2028 with a CAGR of 3.9% during the forecast period 2022-2028. Fully considering the economic change by this health crisis, CR122 accounting for % of the Chloroprene Rubber (CR) global market in 2021, is projected to value US$ million by 2028, growing at a revised % CAGR from 2022 to 2028. While Solvent-based Adhesive segment is altered to an % CAGR throughout this forecast period.
Global Chloroprene Rubber (CR) key players include Denka, ARLANXEO, COG, Tosoh Corporation, China National Bluestar, etc. Global top five tplayers hold a share about 75%.
Japan is the largest market, with a share about 40%, followed by Europe and North America, having a total share about 45 percent.
In terms of product, the segment of product includes CR122, CR232, CR2441 and CR2442, CR321 and CR 322. And in terms of application, the largest application is Adhesive, followed by Industrial rubber Products, etc.
In terms of production side, this report researches the Chloroprene Rubber (CR) capacity, production, growth rate, market share by manufacturers and by region (region level and country level), from 2017 to 2022, and forecast to 2028.
In terms of sales side, this report focuses on the sales of Chloroprene Rubber (CR) by region (region level and country level), by company, by Type and by Application. from 2017 to 2022 and forecast to 2028.
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 2017-2028.
Segment by Type
CR122
CR232
CR2441 and CR2442
CR321 and CR 322
Segment by Application
Solvent-based Adhesive
Latex type Adhesive
Industrial Rubber Products
Others
By Company
Denka
ARLANXEO
COG
Tosoh Corporation
China National Bluestar
Changshou Chemical
Pidilite
Showa Denko K.K
Nairit Plant
Production by Region
North America
Europe
China
Japan
India
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
China Taiwan
Indonesia
Thailand
Malaysia
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
UAE