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 and United States Chloroprene Rubber (CR) Market
This report focuses on global and United States Chloroprene Rubber (CR) market, also covers the segmentation data of other regions in regional level and county level.
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, by Type, 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 by Application, Solvent-based Adhesive was the leading segment, accounting for over percent market share in 2021, and 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.
Global Chloroprene Rubber (CR) Scope and Market Size
Chloroprene Rubber (CR) market is segmented by region (country), players, 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 revenue and forecast by region (country), by Type and by Application for the period 2017-2028.
For United States market, this report focuses on the Chloroprene Rubber (CR) market size by players, by Type and by Application, for the period 2017-2028. The key players include the global and local players, which play important roles in United States.
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 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
By Company
Denka
ARLANXEO
COG
Tosoh Corporation
China National Bluestar
Changshou Chemical
Pidilite
Showa Denko K.K
Nairit Plant