Global Chloroprene Market Outlook to 2027
Chloroprene is a synthetic rubber that is manufactured by the polymerization reaction of chlorine-butene monomer. Chloroprene rubber is characterized by its unique set of properties, such as high mechanical strength, aging resistance, low flammability, high weather & ozone resistance, excellent chemical resistance, moderate fuel & oil resistance, and adhesion to many substrates, which makes it distinctive among artificially manufactured elastomers.
According to BlueQuark Research & Consulting, the Global Chloroprene market is expected to witness a considerable growth rate during the forecast period. The primary factor responsible for the Global Chloroprene market's growth is the increasing demand from the rubber industry, as they are used as a raw material for adhesives and various latex applications. The usage of Chloroprene rubber in cables, molded goods, conveyor belts, and transmission belts is anticipated to increase the market share of Chloroprene significantly over the forecast period.
Asia-Pacific region is projected to dominate the Global Chloroprene market. Surging demand in diverse automobile and industrial component applications, increasing population, and rapid industrialization over the region is expected to further propel the Chloroprene market.
In terms of segmentation by application, the Global Chloroprene market is dominated by adhesives. This is due to the increasing consumption of coatings and adhesives in the construction and automotive industry. However, industrial rubber products, including gaskets, belts, and hoses, are projected to be the fastest-growing application segment due to the increasing demand from the manufacturing industry worldwide.
The Global Chloroprene market is highly fragmented. Major companies in the market were found to be DuPont Performance Elastomers, Denka Group, Asahi Kasei Chemicals Corporation, Dow Chemical Company, Lanxess AG, and Maclellan Rubber Ltd, among others.
Global Chloroprene Market report provides deep insight into the Chloroprene market's current and future state across various regions. The study comprehensively analyzes the Chloroprene market by segmenting based on Grade (Linear, Crystallizing Resistance, Sulfur Modified, and Others), Application (Wires & Cables, Coatings & Adhesives, Hoses & Tubes, and Other applications), End-user Industry (Automotive, Electronics, Construction, Furniture, Textile, and Other End-user Industries), and Geography (Europe, Asia-Pacific, North America, South America, and Middle-East & Africa). The report examines the market drivers and restraints, along with the impact of Covid-19 on the market growth in detail. The study covers & includes emerging market trends, developments, opportunities, and challenges in the industry. This report also covers extensively researched competitive landscape sections with profiles of major companies, including their market shares and projects.
According to BlueQuark Research & Consulting, the Global Chloroprene market is expected to witness a considerable growth rate during the forecast period. The primary factor responsible for the Global Chloroprene market's growth is the increasing demand from the rubber industry, as they are used as a raw material for adhesives and various latex applications. The usage of Chloroprene rubber in cables, molded goods, conveyor belts, and transmission belts is anticipated to increase the market share of Chloroprene significantly over the forecast period.
Asia-Pacific region is projected to dominate the Global Chloroprene market. Surging demand in diverse automobile and industrial component applications, increasing population, and rapid industrialization over the region is expected to further propel the Chloroprene market.
In terms of segmentation by application, the Global Chloroprene market is dominated by adhesives. This is due to the increasing consumption of coatings and adhesives in the construction and automotive industry. However, industrial rubber products, including gaskets, belts, and hoses, are projected to be the fastest-growing application segment due to the increasing demand from the manufacturing industry worldwide.
The Global Chloroprene market is highly fragmented. Major companies in the market were found to be DuPont Performance Elastomers, Denka Group, Asahi Kasei Chemicals Corporation, Dow Chemical Company, Lanxess AG, and Maclellan Rubber Ltd, among others.
Global Chloroprene Market report provides deep insight into the Chloroprene market's current and future state across various regions. The study comprehensively analyzes the Chloroprene market by segmenting based on Grade (Linear, Crystallizing Resistance, Sulfur Modified, and Others), Application (Wires & Cables, Coatings & Adhesives, Hoses & Tubes, and Other applications), End-user Industry (Automotive, Electronics, Construction, Furniture, Textile, and Other End-user Industries), and Geography (Europe, Asia-Pacific, North America, South America, and Middle-East & Africa). The report examines the market drivers and restraints, along with the impact of Covid-19 on the market growth in detail. The study covers & includes emerging market trends, developments, opportunities, and challenges in the industry. This report also covers extensively researched competitive landscape sections with profiles of major companies, including their market shares and projects.
1. Executive Summary
2. Research Scope and Methodology
2.1 Aim & Objective of the study
2.2 Market Definition
2.3 Study Information
2.4 General Study Assumptions
2.5 Research Phases
3. Market Analysis
3.1 Introduction
3.2 Market Dynamics
3.2.1 Drivers
3.2.2 Restraints
3.3 Market Trends & Developments
3.4 Market Opportunities
3.5 Regulatory Policies
3.6 Analysis of Covid-19 Impact
4. Industry Analysis
4.1 Supply Chain Analysis
4.2 Porter's Five Forces Analysis
4.2.1 Competition in the Industry
4.2.2 Potential of New Entrants into the Industry
4.2.3 Bargaining Power of Suppliers
4.2.4 Bargaining Power of Consumers
4.2.5 Threat of substitute products
5. Market Segmentation & Forecast
5.1 By Grade
5.1.1 Linear
5.1.2 Crystallizing Resistance
5.1.3 Sulfur Modified
5.1.4 Others
5.2 By Application
5.2.1 Wires & Cables
5.2.2 Coatings & Adhesives
5.2.3 Hoses & Tubes
5.2.4 Other applications
5.3 By End-User Industry
5.3.1 Automotive
5.3.2 Furniture
5.3.3 Construction
5.3.4 Electronics
5.3.5 Textile
5.3.6 Other End-user Industries
6. Regional Market Analysis
6.1 North America
6.1.1 United States
6.1.2 Canada
6.1.3 Mexico
6.2 Europe
6.2.1 Germany
6.2.2 United Kingdom
6.2.3 Italy
6.2.4 France
6.2.5 Russia
6.2.6 Rest of Europe
6.3 Asia-Pacific
6.3.1 China
6.3.2 India
6.3.3 Japan
6.3.4 South Korea
6.3.5 Australia
6.3.6 Rest of Asia-Pacific
6.4 South America
6.4.1 Brazil
6.4.2 Argentina
6.4.3 Rest of South America
6.5 Middle East & Africa
6.5.1 South Africa
6.5.2 Saudi Arabia
6.5.3 Rest of Middle East & Africa
7. Key Company Profiles
7.1 Denka Group
7.2 Asahi Kasei Chemicals Corporation
7.3 DuPont Performance Elastomers
7.4 Dow Chemical Company
7.5 Showa Denko K.K.
7.6 Lanxess AG
7.7 Tosoh Corporation
7.8 Nairit Plant CJSC
7.9 Zenith Industrial Rubber Products Pvt. Ltd.
7.10 Shanxi Synthetic Rubber Group Co. Ltd
7.11 Maclellan Rubber Ltd
7.12 Polymer-Technik Elbe Gmbh
7.13 Trelleborg AB
7.14 ARLANXEO
7.15 Chongqing Longevity Salt and Chemical Co. Ltd.
7.16 Mitsui & Co., Ltd
7.17 Covestro AG
7.18 Bayer AG
7.19 Shandong Yuhuang Chemical Group Co. Ltd.
7.20 EniChem Elastomers S.A
8. Competitive Landscape
8.1 List of Notable Players in the Market
8.2 M&A, JV, and Agreements
8.3 Market Share Analysis
8.4 Strategies of Key Players
9. Conclusions and Recommendations
2. Research Scope and Methodology
2.1 Aim & Objective of the study
2.2 Market Definition
2.3 Study Information
2.4 General Study Assumptions
2.5 Research Phases
3. Market Analysis
3.1 Introduction
3.2 Market Dynamics
3.2.1 Drivers
3.2.2 Restraints
3.3 Market Trends & Developments
3.4 Market Opportunities
3.5 Regulatory Policies
3.6 Analysis of Covid-19 Impact
4. Industry Analysis
4.1 Supply Chain Analysis
4.2 Porter's Five Forces Analysis
4.2.1 Competition in the Industry
4.2.2 Potential of New Entrants into the Industry
4.2.3 Bargaining Power of Suppliers
4.2.4 Bargaining Power of Consumers
4.2.5 Threat of substitute products
5. Market Segmentation & Forecast
5.1 By Grade
5.1.1 Linear
5.1.2 Crystallizing Resistance
5.1.3 Sulfur Modified
5.1.4 Others
5.2 By Application
5.2.1 Wires & Cables
5.2.2 Coatings & Adhesives
5.2.3 Hoses & Tubes
5.2.4 Other applications
5.3 By End-User Industry
5.3.1 Automotive
5.3.2 Furniture
5.3.3 Construction
5.3.4 Electronics
5.3.5 Textile
5.3.6 Other End-user Industries
6. Regional Market Analysis
6.1 North America
6.1.1 United States
6.1.2 Canada
6.1.3 Mexico
6.2 Europe
6.2.1 Germany
6.2.2 United Kingdom
6.2.3 Italy
6.2.4 France
6.2.5 Russia
6.2.6 Rest of Europe
6.3 Asia-Pacific
6.3.1 China
6.3.2 India
6.3.3 Japan
6.3.4 South Korea
6.3.5 Australia
6.3.6 Rest of Asia-Pacific
6.4 South America
6.4.1 Brazil
6.4.2 Argentina
6.4.3 Rest of South America
6.5 Middle East & Africa
6.5.1 South Africa
6.5.2 Saudi Arabia
6.5.3 Rest of Middle East & Africa
7. Key Company Profiles
7.1 Denka Group
7.2 Asahi Kasei Chemicals Corporation
7.3 DuPont Performance Elastomers
7.4 Dow Chemical Company
7.5 Showa Denko K.K.
7.6 Lanxess AG
7.7 Tosoh Corporation
7.8 Nairit Plant CJSC
7.9 Zenith Industrial Rubber Products Pvt. Ltd.
7.10 Shanxi Synthetic Rubber Group Co. Ltd
7.11 Maclellan Rubber Ltd
7.12 Polymer-Technik Elbe Gmbh
7.13 Trelleborg AB
7.14 ARLANXEO
7.15 Chongqing Longevity Salt and Chemical Co. Ltd.
7.16 Mitsui & Co., Ltd
7.17 Covestro AG
7.18 Bayer AG
7.19 Shandong Yuhuang Chemical Group Co. Ltd.
7.20 EniChem Elastomers S.A
*List of companies is not exhaustive
8. Competitive Landscape
8.1 List of Notable Players in the Market
8.2 M&A, JV, and Agreements
8.3 Market Share Analysis
8.4 Strategies of Key Players
9. Conclusions and Recommendations
LIST OF TABLES
Global Chloroprene Market, in USD Million, 2016-2025
Global Chloroprene Market, Opportunities, 2016-2025
Linear grade – Chloroprene Market, in USD Million, 2016-2025
Crystallizing Resistance grade – Chloroprene Market, in USD Million, 2016-2025
Sulfur Modified grade – Chloroprene Market, in USD Million, 2016-2025
Other grades – Chloroprene Market, in USD Million, 2016-2025
Wires & Cables – Chloroprene Market, in USD Million, 2016-2025
Coatings & Adhesives – Chloroprene Market, in USD Million, 2016-2025
Hoses & Tubes – Chloroprene Market, in USD Million, 2016-2021
Other Applications – Chloroprene Market, in USD Million, 2016-2021
Automotive – Chloroprene Market, in USD Million, 2016-2025
Electronics – Chloroprene Market, in USD Million, 2016-2025
Construction – Chloroprene Market, in USD Million, 2016-2025
Furniture – Chloroprene Market, in USD Million, 2016-2021
Textile – Chloroprene Market, in USD Million, 2016-2021
Other End-user Industries – Chloroprene Market, in USD Million, 2016-2025
North America - Chloroprene Market, in USD Million, 2016-2025
Europe – Chloroprene Market, in USD Million, 2016-2025
Asia-Pacific - Chloroprene Market, in USD Million, 2016-2025
South America - Chloroprene Market, in USD Million, 2016-2025
Middle East & Africa - Chloroprene Market, in USD Million, 2016-2025
Chloroprene - Market Share of Key Companies in 2019
Other Supporting Charts
Chemicals Industry Growth Data, 2013-2019
Rubber Industry Growth Data, 2013-2019
Global Chloroprene Market, in USD Million, 2016-2025
Global Chloroprene Market, Opportunities, 2016-2025
Linear grade – Chloroprene Market, in USD Million, 2016-2025
Crystallizing Resistance grade – Chloroprene Market, in USD Million, 2016-2025
Sulfur Modified grade – Chloroprene Market, in USD Million, 2016-2025
Other grades – Chloroprene Market, in USD Million, 2016-2025
Wires & Cables – Chloroprene Market, in USD Million, 2016-2025
Coatings & Adhesives – Chloroprene Market, in USD Million, 2016-2025
Hoses & Tubes – Chloroprene Market, in USD Million, 2016-2021
Other Applications – Chloroprene Market, in USD Million, 2016-2021
Automotive – Chloroprene Market, in USD Million, 2016-2025
Electronics – Chloroprene Market, in USD Million, 2016-2025
Construction – Chloroprene Market, in USD Million, 2016-2025
Furniture – Chloroprene Market, in USD Million, 2016-2021
Textile – Chloroprene Market, in USD Million, 2016-2021
Other End-user Industries – Chloroprene Market, in USD Million, 2016-2025
North America - Chloroprene Market, in USD Million, 2016-2025
Europe – Chloroprene Market, in USD Million, 2016-2025
Asia-Pacific - Chloroprene Market, in USD Million, 2016-2025
South America - Chloroprene Market, in USD Million, 2016-2025
Middle East & Africa - Chloroprene Market, in USD Million, 2016-2025
Chloroprene - Market Share of Key Companies in 2019
Other Supporting Charts
Chemicals Industry Growth Data, 2013-2019
Rubber Industry Growth Data, 2013-2019
