Prismane

Chloroprene Rubber Market Study 2018-2034

Report Details
  • GMB - 589966
  • 158
  • Report License Type :
  • 4500 (USD)
  • 5500(USD)
  • 6500 (USD)

Scope of Report 

The Chloroprene Rubber report describes the global Chloroprene Rubber market, with focus on the country, applications and other end-use scenarios. The study provides

Market Data & Forecast (Short-term and Long-term)
•  Demand-Supply Analysis
•  Demand Composition, by End Use Industry
•  Capacity & Production
•  Trade (Import and Export)
•  Sales & Revenue
•  Pricing Analysis
•  Market Dynamics

Country Summaries & Product Review
•  Supply Demand Balance 
•  Chloroprene Rubber Market data in terms of volume and value for each end-use 
   at regional and country level
•  Chloroprene Rubber Market analysis for Production, Capacity, and Demand, at regional and country level
•  Historical, Current & Market Forecast
•  Macro-economic factors like GDP, Population, and World Economic integration
•  Economic & Energy Outlook
•  Industry & Policy Developments 
•  End-use Industry / Applications Market 
•  Reasoning & Analysis
•  Insightful Commentary
•  Market Review
•  Comparative Analysis
•  Latest Trends and market developments
•  Key players
•  Strategic Issues and Recommendations
•  Business Opportunity Assessment


Frequently Asked Questions

What is the global production capacity for Chloroprene Rubber?
In 2022, the global chloroprene rubber capacity stood at 380 kilo tons with companies like Arlanxeo, Denka, Tosoh, Showa Denko and Shanxi Synthetic Rubber Group Co Ltd being prominent player in the market.
What is the global market size for Chloroprene Rubber?
In 2022, the global Chloroprene Rubber Market size reached a valuation of USD 1.6 billion, with a growth projected at a CAGR of 2% to cross USD 2 billion by 2032. This strong growth can be attributed to the rising demand for fuel efficient vehicles and strong growth in the automotive industry
What are the major applications of Chloroprene Rubber?
Chloroprene rubber is widely used in automotive, adhesives, building & construction, consumer goods, industrial machinery and wire & cable. Chloroprene rubber is used to manufacture rubber parts used in air suspensions, steering hoses, joint boots, brake hoses, seals and gaskets. In the electrical industry, it is widely used as sheaths for wires and cable. Chloroprene-based adhesives are known for their rapid bonding strength.
Who is the major exporter of Chloroprene Rubber?
With majority of the supply concentrated in Japan and China, the Asia-Pacific is largest exporter of chloroprene rubber. In 2022, the region exported around 110 kilo tons of chloroprene rubber, with Japan constituting for a 75% share. With increasing supply, China also has significantly reduced its import dependence and increased its exports since 2017.
What are the current price trends in the Chloroprene Rubber market?
The global average prices for chloroprene rubber are currently within the range of 5-6 USD/kg. This surge in prices mirrors the broader global trend in synthetic rubber pricing, with chloroprene prices increasing by approximately 16% between 2021 to 2022. The primary driver behind this price surge has been the escalation in crude oil prices, largely attributed to the Russia-Ukraine conflict.