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2021
Neoprene Market

Neoprene Market by Product (Neoprene Sponge/Foam, Neoprene Sheet, and Neoprene Latex) and End-User (Automotive, Electrical & Electronics, Building & Construction, Textiles, and Others): Global Opportunity Analysis and Industry Forecast, 2021–2030

A11907
Pages: 287
Sep 2021 | 1735 Views
   
Author(s) : Anil Chaudhary , Eswara Prasad
Tables: 161
Charts: 76
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COVID-19

Pandemic disrupted the entire world and affected many industries.

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Neoprene Market Statistics - 2030

The global neoprene market was valued at $1.9 billion in 2020, and is projected to reach $2.4 billion by 2030, growing at a CAGR of 2.5% from 2021 to 2030.

COVID-19 pandemic outbreak across the globe has halted the production of automobiles and also the building and construction activities across the globe amid government imposed lock down measures owing to which the demand for neoprene has been declined globally.

Neoprene is a type of a synthetic rubber that is formed by the polymerization of chloroprene and is resistant to aging and oil. It is extensively used in waterproof products such as wet suits and gloves. It exhibits the ability to maintain flexibility to a wide temperature range and has high chemical stability. It is extensively used in industries such as automotive, electrical & electronics, building & construction, and textiles.

Neoprene-Market-2021-2030

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The global neoprene market growth is driven by surge in demand from building & construction and automotive industries. Moreover, rise in government initiatives in private and public infrastructure development in Asia-Pacific is one of the key factors propelling the product demand. This is attributed to the fact that. In addition, surge in demand for neoprene from automotive industry to be used the manufacturing of power transmission belts, braking & steering system components, oil seals, shock absorber seals, and tires is expected to notably contribute toward the growth of the neoprene market. 

However, volatility in crude oil prices and presence of efficient substitutes are expected to hamper the growth of the neoprene market. On the contrary, increase in popularity of neoprene gloves is expected to provide growth opportunities for the market during the forecast period.

The global neoprene market size is segmented into product, end user, and region. By product, the market is categorized into neoprene sponge/foam, neoprene sheet, and neoprene latex. Depending on end-user, it is categorized into automotive, electrical & electronics, building & construction, textiles, and others. Region wise, it is studied across North America, Europe, Asia-Pacific, and LAMEA.

The key players operating in the global neoprene market include Sundow Polymers Co., Ltd, Covestro AG, Lanxess, TOSOH Corporation, Zenith Rubber, BGK GmbH Endlosband, Pidilite Industries, The 3M Company, Denka Company Limited, and TuHuang Chemical Co. Other players operating in this market include Shanxi Synthetic Rubber Group Co Ltd., Canada Rubber Group, and ACRO Industries.

Neoprene Market, By Region

Asia-Pacific accounted for a major market share in 2020. Owing to rapid urbanization across the region, the demand for new homes has been escalated significantly, which, in turn, has propelled the growth of the construction industry. In addition, government-initiated housing projects, such as “Housing for All” for poor people living in urban and rural areas as well as the “Smart City Project” to provide smart homes with modern amenities, which is expected to create high demand for neoprene across the region. Furthermore, India has recorded a 13.0% growth in FDI investment during 2020 as compared to the previous year, despite the COVID-19 scenario, with large investments in the real estate and infrastructure sectors. This is likely to boost the construction and infrastructure development across the country, which is expected to further drive the growth of neoprene market across the region. 

Neoprene Market
By Region

2030
Asia-pacific 
North America
Europe
Lamea

LAMEA would exhibit an CAGR of 2.9% during 2021-2030

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Global Neoprene Market, By Product

The neoprene rubber sheet segment garnered a major share in the neoprene market in 2020, as neoprene rubber sheet exhibits properties such as low compression set, superior resilience, high abrasion resistance, and enhanced resistance to ultraviolet & ozone radiations. These properties make them ideal for their use in seals, gaskets, building insulations, and liners in the automotive, electrical and construction industries.

Neoprene Market
By Product

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Neoprene Sheet is projected as the most lucrative segment.

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Global Neoprene Market, By End-user

The automotive industry exhibited the highest neoprene market share in 2020. Neoprene is widely used in the automotive industry, owing to its thermal resistance, tensile strength, and prolonged durability. Neoprene rubber is highly employed in hose covers, constant velocity joint (CVJ) boots, power transmission belts, vibration mounts, shock absorber seals, and steering system components. To curb the carbon emission and reduce the dependency on fossil fuels, the demand for electric vehicles has escalated significantly across the globe, which has propelled the demand for neoprene, thereby contributing toward the growth of the global market.

Neoprene Market
By End-User

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Automotive is projected as the most lucrative segment.

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COVID-19 analysis

The market was negatively impacted by the outbreak of the COVID-19 in 2020. Neoprene is widely used in automotive products, including rubber gaskets, O-rings, seals, and hoses, and in the construction industry's products, including fire doors, electrical insulation, and waterproofing membranes. The declining automotive industry along with a temporary halt on construction and automotive activities due to the pandemic lockdown, negatively impacted the demand of the neoprene market. However, the demand for neoprene products such as medical gloves has significantly increased, which, in turn, escalated the growth of the neoprene market.

Key benefits for stakeholders

  • The global neoprene market analysis covers in-depth information of major industry participants.
  • Porter’s five forces analysis help analyze potential of buyers & suppliers and the competitive scenario of the industry for strategy building.
  • Major countries have been mapped according to their individual revenue contribution to the regional market.
  • The report provides in-depth analysis of the global neoprene market forecast for the period 2021–2030.
  • The report outlines the current global neoprene market trends and future scenario of the global neoprene market from 2020 to 2030 to understand the prevailing opportunities and potential investment pockets. 
  • Key drivers, restraints, & opportunities and their detailed impact analysis are explained in the global neoprene market study.

Key market segments

By Product

  • Neoprene Sponge/Foam
  • Neoprene Sheet
  • Neoprene Latex

By End-User

  • Automotive
  • Electrical & Electronics
  • Building & Construction
  • Textiles
  • Others

By Region

  • North America
    • U.S.
    • Canada
    • Mexico
  • Europe
    • Germany
    • France
    • Italy
    • Spain
    • UK
    • Rest of Europe
  • Asia-Pacific
    • China
    • Japan
    • South Korea
    • India
    • Australia
    • Rest of Asia-Pacific
  • LAMEA
    • Brazil
    • Saudi Arabia
    • South Africa
    • Rest of LAMEA
 

CHAPTER 1:INTRODUCTION

1.1.Report description
1.2.Key benefits for stakeholders
1.3.Key market segments
1.4.Research methodology

1.4.1.Secondary research
1.4.2.Primary research

1.5.Analyst tools and models

CHAPTER 2:EXECUTIVE SUMMARY

2.1.Key findings of the study
2.2.CXO perspective

CHAPTER 3:MARKET OVERVIEW

3.1.Market definition and scope
3.2.Key findings

3.2.1.Top investment pockets
3.3.Porter’s five forces analysis
3.4.Pricing analysis

3.4.1.Pricing analysis, by product, 2020–2030 ($/KG)
3.4.2.Pricing analysis, by end-user, 2020–2030 ($/KG)
3.4.3.Pricing analysis, by region, 2020–2030 ($/KG)

3.5.Value chain analysis
3.6.Patent analysis
3.7.Market dynamics

3.7.1.Drivers

3.7.1.1.Growing adoption of neoprene rubber in the automobile Industry
3.7.1.2.Rapidly expanding construction and electronic industry in the developing economies

3.7.2.Restraints

3.7.2.1.Volatility in crude oil prices
3.7.2.2.Presence of efficient substitutes

3.7.3.Opportunity

3.7.3.1.Advancement of technologies

3.8.Parent market overview
3.9.Impact of COVID-19 on the global neoprene market

CHAPTER 4:GLOBAL NEOPRENE MARKET, BY PRODUCT

4.1.Overview

4.1.1.Market size and forecast

4.2.Neoprene sponge/foam

4.2.1.Key market trends, growth factors, and opportunities
4.2.2.Market size and forecast, by region
4.2.3.Market share analysis, by country

4.3.Neoprene sheet

4.3.1.Key market trends, growth factors, and opportunities
4.3.2.Market size and forecast, by region
4.3.3.Market share analysis, by country

4.4.Neoprene latex

4.4.1.Key market trends, growth factors, and opportunities
4.4.2.Market size and forecast, by region
4.4.3.Market share analysis, by country

CHAPTER 5:GLOBAL NEOPRENE MARKET, BY END-USER

5.1.Overview

5.1.1.Market size and forecast

5.2.Automotive

5.2.1.Key market trends, growth factors, and opportunities
5.2.2.Market size and forecast, by region
5.2.3.Market share analysis, by country

5.3.Electrical & electronics

5.3.1.Key market trends, growth factors, and opportunities
5.3.2.Market size and forecast, by region
5.3.3.Market share analysis, by country

5.4.Building & construction

5.4.1.Key market trends, growth factors, and opportunities
5.4.2.Market size and forecast, by region
5.4.3.Market share analysis, by country

5.5.Textiles

5.5.1.Key market trends, growth factors, and opportunities
5.5.2.Market size and forecast, by region
5.5.3.Market share analysis, by country

5.6.Others

5.6.1.Key market trends, growth factors, and opportunities
5.6.2.Market size and forecast, by region
5.6.3.Market share analysis, by country

CHAPTER 6:GLOBAL NEOPRENE MARKET, BY REGION

6.1.Overview

6.1.1.Market size and forecast

6.2.North America

6.2.1.Key market trends, growth factors, and opportunities
6.2.2.Market size and forecast, by product
6.2.3.Market size and forecast, by end-user
6.2.4.Market share analysis, by country

6.2.4.1.U.S.

6.2.4.1.1.Market size and forecast, by product
6.2.4.1.2.Market size and forecast, by end-user

6.2.4.2.Canada

6.2.4.2.1.Market size and forecast, by product
6.2.4.2.2.Market size and forecast, by end-user

6.2.4.3.Mexico

6.2.4.3.1.Market size and forecast, by product
6.2.4.3.2.Market size and forecast, by end-user

6.3.Europe

6.3.1.Key market trends, growth factors, and opportunities
6.3.2.Market size and forecast, by product
6.3.3.Market size and forecast, by end-user
6.3.4.Market share analysis, by country

6.3.4.1.Germany

6.3.4.1.1.Market size and forecast, by product
6.3.4.1.2.Market size and forecast, by end-user

6.3.4.2.France

6.3.4.2.1.Market size and forecast, by product
6.3.4.2.2.Market size and forecast, by end-user

6.3.4.3.Italy

6.3.4.3.1.Market size and forecast, by product
6.3.4.3.2.Market size and forecast, by end-user

6.3.4.4.Spain

6.3.4.4.1.Market size and forecast, by product
6.3.4.4.2.Market size and forecast, by end-user

6.3.4.5.UK

6.3.4.5.1.Market size and forecast, by product
6.3.4.5.2.Market size and forecast, by end-user

6.3.4.6.Rest of Europe

6.3.4.6.1.Market size and forecast, by product
6.3.4.6.2.Market size and forecast, by end-user

6.4.Asia-Pacific

6.4.1.Key market trends, growth factors, and opportunities
6.4.2.Market size and forecast, by product
6.4.3.Market size and forecast, by end-user
6.4.4.Market share analysis, by country

6.4.4.1.China

6.4.4.1.1.Market size and forecast, by product
6.4.4.1.2.Market size and forecast, by end-user

6.4.4.2.Japan

6.4.4.2.1.Market size and forecast, by product
6.4.4.2.2.Market size and forecast, by end-user

6.4.4.3.South Korea

6.4.4.3.1.Market size and forecast, by product
6.4.4.3.2.Market size and forecast, by end-user

6.4.4.4.India

6.4.4.4.1.Market size and forecast, by product
6.4.4.4.2.Market size and forecast, by end-user

6.4.4.5.Australia

6.4.4.5.1.Market size and forecast, by product
6.4.4.5.2.Market size and forecast, by end-user

6.4.4.6.Rest of Asia-Pacific

6.4.4.6.1.Market size and forecast, by product
6.4.4.6.2.Market size and forecast, by end-user

6.5.LAMEA

6.5.1.Key market trends, growth factors, and opportunities
6.5.2.Market size and forecast, by product
6.5.3.Market size and forecast, by end-user
6.5.4.Market share analysis, by country

6.5.4.1.Brazil

6.5.4.1.1.Market size and forecast, by product
6.5.4.1.2.Market size and forecast, by end-user

6.5.4.2.Saudi Arabia

6.5.4.2.1.Market size and forecast, by product
6.5.4.2.2.Market size and forecast, by end-user

6.5.4.3.South Africa

6.5.4.3.1.Market size and forecast, by product
6.5.4.3.2.Market size and forecast, by end-user

6.5.4.4.Rest of LAMEA

6.5.4.4.1.Market size and forecast, by product
6.5.4.4.2.Market size and forecast, by end-user

CHAPTER 7:COMPETITIVE LANDSCAPE

7.1.Introduction

7.1.1.Top player positioning, 2020

7.2.Product mapping of top 10 players
7.3.Competitive heatmap

CHAPTER 8:COMPANY PROFILES

8.1.SUNDOW POLYMERS CO., LTD.

8.1.1.Company overview
8.1.2.Company snapshot
8.1.3.Operating business segments
8.1.4.Product portfolio
8.1.5.Business performance

8.2.TUHUANG CHEMICAL CO.

8.2.1.Company overview
8.2.2.Company snapshot
8.2.3.Operating business segments
8.2.4.Product portfolio
8.2.5.Business performance

8.3.COVESTRO AG

8.3.1.Company overview
8.3.2.Company snapshot
8.3.3.Operating business segments
8.3.4.Product portfolio
8.3.5.Business performance

8.4.LANXESS

8.4.1.Company overview
8.4.2.Company snapshot
8.4.3.Product portfolio
8.4.4.Business performance

8.5.TOSOH CORPORATION

8.5.1.Company overview
8.5.2.Company snapshot
8.5.3.Operating business segments
8.5.4.Product portfolio
8.5.5.Business performance

8.6.ZENITH RUBBER

8.6.1.Company overview
8.6.2.Company snapshot
8.6.3.Operating business segments
8.6.4.Product portfolio
8.6.5.Business performance

8.7.BGK GmbH Endlosband

8.7.1.Company overview
8.7.2.Company snapshot
8.7.3.Operating business segments
8.7.4.Product portfolio
8.7.5.Business performance

8.8.PIDILITE INDUSTRIES

8.8.1.Company overview
8.8.2.Company snapshot
8.8.3.Operating business segments
8.8.4.Product portfolio
8.8.5.Business performance

8.9.THE 3M COMPANY

8.9.1.Company overview
8.9.2.Company snapshot
8.9.3.Operating business segments
8.9.4.Product portfolio
8.9.5.Business performance

8.10.DENKA COMPANY LIMITED

8.10.1.Company overview
8.10.2.Company snapshot
8.10.3.Operating business segments
8.10.4.Product portfolio
8.10.5.Business performance

LIST OF TABLES

TABLE 01.GLOBAL NEOPRENE MARKET, BY PRODUCT, 2020-2030 ($MILLION)
TABLE 02.GLOBAL NEOPRENE MARKET, BY APPLICATION, 2020-2030 (KILOTONS)
TABLE 03.NEOPRENE MARKET FOR NEOPRENE SPONGE/FOAM, BY REGION, 2020–2030 ($MILLION)
TABLE 04.NEOPRENE MARKET FOR NEOPRENE SPONGE/FOAM, BY REGION, 2020–2030 (KILOTONS)
TABLE 05.NEOPRENE MARKET FOR NEOPRENE SHEET, BY REGION, 2020–2030 ($MILLION)
TABLE 06.NEOPRENE MARKET FOR NEOPRENE SHEET, BY REGION, 2020–2030 (KILOTONS)
TABLE 07.NEOPRENE MARKET FOR NEOPRENE LATEX, BY REGION, 2020–2030 ($MILLION)
TABLE 08.NEOPRENE MARKET FOR NEOPRENE LATEX, BY REGION, 2020–2030 (KILOTONS)
TABLE 09.GLOBAL NEOPRENE MARKET, BY END-USER, 2020-2030 ($MILLION)
TABLE 10.GLOBAL NEOPRENE MARKET, BY END-USER, 2020-2030 (KILOTONS)
TABLE 11.NEOPRENE MARKET FOR AUTOMOTIVE, BY REGION, 2020–2030 ($MILLION)
TABLE 12.NEOPRENE MARKET FOR AUTOMOTIVE, BY REGION, 2020–2030 (KILOTONS)
TABLE 13.NEOPRENE MARKET FOR ELECTRICAL & ELECTRONICS, BY REGION, 2020–2030 ($MILLION)
TABLE 14.NEOPRENE MARKET FOR ELECTRICAL & ELECTRONICS, BY REGION, 2020–2030 (KILOTONS)
TABLE 15.NEOPRENE MARKET FOR BUILDING & CONSTRUCTION, BY REGION, 2020–2030 ($MILLION)
TABLE 16.NEOPRENE MARKET FOR BUILDING & CONSTRUCTION, BY REGION, 2020–2030 (KILOTONS)
TABLE 17.NEOPRENE MARKET FOR TEXTILES, BY REGION, 2020–2030 ($MILLION)
TABLE 18.NEOPRENE MARKET FOR TEXTILES, BY REGION, 2020–2030 (KILOTONS)
TABLE 19.NEOPRENE MARKET FOR OTHERS, BY REGION, 2020–2030 ($MILLION)
TABLE 20.NEOPRENE MARKET FOR OTHERS, BY REGION, 2020–2030 (KILOTONS)
TABLE 21.NEOPRENE MARKET, BY REGION, 2020-2030 ($MILLION)
TABLE 22.NEOPRENE MARKET, BY REGION, 2020-2030 (KILOTONS)
TABLE 23.NORTH AMERICA NEOPRENE MARKET, BY PRODUCT, 2020-2030 ($MILLION)
TABLE 24.NORTH AMERICA NEOPRENE MARKET, BY PRODUCT, 2020-2030 (KILOTONS)
TABLE 25.NORTH AMERICA NEOPRENE MARKET, BY END-USER, 2020-2030 ($MILLION)
TABLE 26.NORTH AMERICA NEOPRENE MARKET, BY END-USER, 2020-2030 (KILOTONS)
TABLE 27.NORTH AMERICA NEOPRENE MARKET, BY COUNTRY, 2020-2030 ($MILLION)
TABLE 28.NORTH AMERICA NEOPRENE MARKET, BY COUNTRY, 2020-2030 (KILOTONS)
TABLE 29.U.S. NEOPRENE MARKET, BY PRODUCT, 2020-2030 ($MILLION)
TABLE 30.U.S. NEOPRENE MARKET, BY PRODUCT, 2020-2030 (KILOTONS)
TABLE 31.U.S. NEOPRENE MARKET, BY END-USER, 2020-2030 ($MILLION)
TABLE 32.U.S. NEOPRENE MARKET, BY END-USER, 2020-2030 (KILOTONS)
TABLE 33.CANADA NEOPRENE MARKET, BY PRODUCT, 2020-2030 ($MILLION)
TABLE 34.CANADA NEOPRENE MARKET, BY PRODUCT, 2020-2030 (KILOTONS)
TABLE 35.CANADA NEOPRENE MARKET, BY END-USER, 2020-2030 ($MILLION)
TABLE 36.CANADA NEOPRENE MARKET, BY END-USER, 2020-2030 (KILOTONS)
TABLE 37.MEXICO NEOPRENE MARKET, BY PRODUCT, 2020-2030 ($MILLION)
TABLE 38.MEXICO NEOPRENE MARKET, BY PRODUCT, 2020-2030 (KILOTONS)
TABLE 39.MEXICO NEOPRENE MARKET, BY END-USER, 2020-2030 ($MILLION)
TABLE 40.MEXICO NEOPRENE MARKET, BY END-USER, 2020-2030 (KILOTONS)
TABLE 41.EUROPE NEOPRENE MARKET, BY PRODUCT, 2020-2030 ($MILLION)
TABLE 42.EUROPE NEOPRENE MARKET, BY PRODUCT, 2020-2030 (KILOTONS)
TABLE 43.EUROPE NEOPRENE MARKET, BY END-USER, 2020-2030 ($MILLION)
TABLE 44.EUROPE NEOPRENE MARKET, BY END-USER, 2020-2030 (KILOTONS)
TABLE 45.EUROPE NEOPRENE MARKET, BY COUNTRY, 2020-2030 ($MILLION)
TABLE 46.EUROPE NEOPRENE MARKET, BY COUNTRY, 2020-2030 (KILOTONS)
TABLE 47.GERMANY NEOPRENE MARKET, BY PRODUCT, 2020-2030 ($MILLION)
TABLE 48.GERMANY NEOPRENE MARKET, BY PRODUCT, 2020-2030 (KILOTONS)
TABLE 49.GERMANY NEOPRENE MARKET, BY END-USER, 2020-2030 ($MILLION)
TABLE 50.GERMANY NEOPRENE MARKET, BY END-USER, 2020-2030 (KILOTONS)
TABLE 51.FRANCE NEOPRENE MARKET, BY PRODUCT, 2020-2030 ($MILLION)
TABLE 52.FRANCE NEOPRENE MARKET, BY PRODUCT, 2020-2030 (KILOTONS)
TABLE 53.FRANCE NEOPRENE MARKET, BY END-USER, 2020-2030 ($MILLION)
TABLE 54.FRANCE NEOPRENE MARKET, BY END-USER, 2020-2030 (KILOTONS)
TABLE 55.ITALY NEOPRENE MARKET, BY PRODUCT, 2020-2030 ($MILLION)
TABLE 56.ITALY NEOPRENE MARKET, BY PRODUCT, 2020-2030 (KILOTONS)
TABLE 57.ITALY NEOPRENE MARKET, BY END-USER, 2020-2030 ($MILLION)
TABLE 58.ITALY NEOPRENE MARKET, BY END-USER, 2020-2030 (KILOTONS)
TABLE 59.SPAIN NEOPRENE MARKET, BY PRODUCT, 2020-2030 ($MILLION)
TABLE 60.SPAIN NEOPRENE MARKET, BY PRODUCT, 2020-2030 (KILOTONS)
TABLE 61.SPAIN NEOPRENE MARKET, BY END-USER, 2020-2030 ($MILLION)
TABLE 62.SPAIN NEOPRENE MARKET, BY END-USER, 2020-2030 (KILOTONS)
TABLE 63.UK NEOPRENE MARKET, BY PRODUCT, 2020-2030 ($MILLION)
TABLE 64.UK NEOPRENE MARKET, BY PRODUCT, 2020-2030 (KILOTONS)
TABLE 65.UK NEOPRENE MARKET, BY END-USER, 2020-2030 ($MILLION)
TABLE 66.UK NEOPRENE MARKET, BY END-USER, 2020-2030 (KILOTONS)
TABLE 67.REST OF EUROPE NEOPRENE MARKET, BY PRODUCT, 2020-2030 ($MILLION)
TABLE 68.REST OF EUROPE NEOPRENE MARKET, BY PRODUCT, 2020-2030 (KILOTONS)
TABLE 69.REST OF EUROPE NEOPRENE MARKET, BY END-USER, 2020-2030 ($MILLION)
TABLE 70.REST OF EUROPE NEOPRENE MARKET, BY END-USER, 2020-2030 (KILOTONS)
TABLE 71.ASIA-PACIFIC NEOPRENE MARKET, BY PRODUCT, 2020-2030 ($MILLION)
TABLE 72.ASIA-PACIFIC NEOPRENE MARKET, BY PRODUCT, 2020-2030 (KILOTONS)
TABLE 73.ASIA-PACIFIC NEOPRENE MARKET, BY END-USER, 2020-2030 ($MILLION)
TABLE 74.ASIA-PACIFIC NEOPRENE MARKET, BY END-USER, 2020-2030 (KILOTONS)
TABLE 75.ASIA-PACIFIC NEOPRENE MARKET, BY COUNTRY, 2020-2030 ($MILLION)
TABLE 76.ASIA-PACIFIC NEOPRENE MARKET, BY COUNTRY, 2020-2030 (KILOTONS)
TABLE 77.CHINA NEOPRENE MARKET, BY PRODUCT, 2020-2030 ($MILLION)
TABLE 78.CHINA NEOPRENE MARKET, BY PRODUCT, 2020-2030 (KILOTONS)
TABLE 79.CHINA NEOPRENE MARKET, BY END-USER, 2020-2030 ($MILLION)
TABLE 80.CHINA NEOPRENE MARKET, BY END-USER, 2020-2030 (KILOTONS)
TABLE 81.JAPAN NEOPRENE MARKET, BY PRODUCT, 2020-2030 ($MILLION)
TABLE 82.JAPAN NEOPRENE MARKET, BY PRODUCT, 2020-2030 (KILOTONS)
TABLE 83.JAPAN NEOPRENE MARKET, BY END-USER, 2020-2030 ($MILLION)
TABLE 84.JAPAN NEOPRENE MARKET, BY END-USER, 2020-2030 (KILOTONS)
TABLE 85.SOUTH KOREA NEOPRENE MARKET, BY PRODUCT, 2020-2030 ($MILLION)
TABLE 86.SOUTH KOREA NEOPRENE MARKET, BY PRODUCT, 2020-2030 (KILOTONS)
TABLE 87.SOUTH KOREA NEOPRENE MARKET, BY END-USER, 2020-2030 ($MILLION)
TABLE 88.SOUTH KOREA NEOPRENE MARKET, BY END-USER, 2020-2030 (KILOTONS)
TABLE 89.INDIA NEOPRENE MARKET, BY PRODUCT, 2020-2030 ($MILLION)
TABLE 90.INDIA NEOPRENE MARKET, BY PRODUCT, 2020-2030 (KILOTONS)
TABLE 91.INDIA NEOPRENE MARKET, BY END-USER, 2020-2030 ($MILLION)
TABLE 92.INDIA NEOPRENE MARKET, BY END-USER, 2020-2030 (KILOTONS)
TABLE 93.AUSTRALIA NEOPRENE MARKET, BY PRODUCT, 2020-2030 ($MILLION)
TABLE 94.AUSTRALIA NEOPRENE MARKET, BY PRODUCT, 2020-2030 (KILOTONS)
TABLE 95.AUSTRALIA NEOPRENE MARKET, BY END-USER, 2020-2030 ($MILLION)
TABLE 96.AUSTRALIA NEOPRENE MARKET, BY END-USER, 2020-2030 (KILOTONS)
TABLE 97.REST OF ASIA-PACIFIC NEOPRENE MARKET, BY PRODUCT, 2020-2030 ($MILLION)
TABLE 98.REST OF ASIA-PACIFIC NEOPRENE MARKET, BY PRODUCT, 2020-2030 (KILOTONS)
TABLE 99.REST OF ASIA-PACIFIC NEOPRENE MARKET, BY END-USER, 2020-2030 ($MILLION)
TABLE 100.REST OF ASIA-PACIFIC NEOPRENE MARKET, BY END-USER, 2020-2030 (KILOTONS)
TABLE 101.LAMEA NEOPRENE MARKET, BY PRODUCT, 2020-2030 ($MILLION)
TABLE 102.LAMEA NEOPRENE MARKET, BY PRODUCT, 2020-2030 (KILOTONS)
TABLE 103.LAMEA NEOPRENE MARKET, BY END-USER, 2020-2030 ($MILLION)
TABLE 104.LAMEA NEOPRENE MARKET, BY END-USER, 2020-2030 (KILOTONS)
TABLE 105.LAMEA NEOPRENE MARKET, BY COUNTRY, 2020-2030 ($MILLION)
TABLE 106.LAMEA NEOPRENE MARKET, BY COUNTRY, 2020-2030 (KILOTONS)
TABLE 107.BRAZIL NEOPRENE MARKET, BY PRODUCT, 2020-2030 ($MILLION)
TABLE 108.BRAZIL NEOPRENE MARKET, BY PRODUCT, 2020-2030 (KILOTONS)
TABLE 109.BRAZIL NEOPRENE MARKET, BY END-USER, 2020-2030 ($MILLION)
TABLE 110.BRAZIL NEOPRENE MARKET, BY END-USER, 2020-2030 (KILOTONS)
TABLE 111.SAUDI ARABIA NEOPRENE MARKET, BY PRODUCT, 2020-2030 ($MILLION)
TABLE 112.SAUDI ARABIA NEOPRENE MARKET, BY PRODUCT, 2020-2030 (KILOTONS)
TABLE 113.SAUDI ARABIA NEOPRENE MARKET, BY END-USER, 2020-2030 ($MILLION)
TABLE 114.SAUDI ARABIA NEOPRENE MARKET, BY END-USER, 2020-2030 (KILOTONS)
TABLE 115.SOUTH AFRICA NEOPRENE MARKET, BY PRODUCT, 2020-2030 ($MILLION)
TABLE 116.SOUTH AFRICA NEOPRENE MARKET, BY PRODUCT, 2020-2030 (KILOTONS)
TABLE 117.SOUTH AFRICA NEOPRENE MARKET, BY END-USER, 2020-2030 ($MILLION)
TABLE 118.SOUTH AFRICA NEOPRENE MARKET, BY END-USER, 2020-2030 (KILOTONS)
TABLE 119.REST OF LAMEA NEOPRENE MARKET, BY PRODUCT, 2020-2030 ($MILLION)
TABLE 120.REST OF LAMEA NEOPRENE MARKET, BY PRODUCT, 2020-2030 (KILOTONS)
TABLE 121.REST OF LAMEA NEOPRENE MARKET, BY END-USER, 2020-2030 ($MILLION)
TABLE 122.REST OF LAMEA NEOPRENE MARKET, BY END-USER, 2020-2030 (KILOTONS)
TABLE 123.SUNDOW POLYMERS CO., LTD.: COMPANY SNAPSHOT
TABLE 124.SUNDOW POLYMERS CO., LTD.: OPERATING SEGMENTS
TABLE 125.SUNDOW POLYMERS CO., LTD.: PRODUCT PORTFOLIO
TABLE 126.OVERALL FINANCIAL STATUS ($MILLION)
TABLE 127.TUHUANG CHEMICAL CO.: COMPANY SNAPSHOT
TABLE 128.TUHUANG CHEMICAL CO.: OPERATING SEGMENTS
TABLE 129.TUHUANG CHEMICAL CO.: PRODUCT PORTFOLIO
TABLE 130.OVERALL FINANCIAL STATUS ($MILLION)
TABLE 131.COVESTRO AG: COMPANY SNAPSHOT
TABLE 132.COVESTRO AG: OPERATING SEGMENTS
TABLE 133.COVESTRO AG: PRODUCT PORTFOLIO
TABLE 134.OVERALL FINANCIAL STATUS ($MILLION)
TABLE 135.LANXESS: COMPANY SNAPSHOT
TABLE 136.LANXESS: PRODUCT PORTFOLIO
TABLE 137.LANXESS: OVERALL FINANCIAL STATUS ($MILLION)
TABLE 138.TOSOH CORPORATION: COMPANY SNAPSHOT
TABLE 139.TOSOH CORPORATION: OPERATING SEGMENTS
TABLE 140.TOSOH CORPORATION: PRODUCT PORTFOLIO
TABLE 141.TOSOH CORPORATION: OVERALL FINANCIAL STATUS ($MILLION)
TABLE 142.ZENITH RUBBER: COMPANY SNAPSHOT
TABLE 143.ZENITH RUBBER: OPERATING SEGMENTS
TABLE 144.ZENITH RUBBER: PRODUCT PORTFOLIO
TABLE 145.ZENITH RUBBER: OVERALL FINANCIAL STATUS ($MILLION)
TABLE 146.BGK GMBH ENDLOSBAND: COMPANY SNAPSHOT
TABLE 147.BGK GMBH ENDLOSBAND: OPERATING SEGMENTS
TABLE 148.BGK GMBH ENDLOSBAND: PRODUCT PORTFOLIO
TABLE 149.BGK GMBH ENDLOSBAND: OVERALL FINANCIAL STATUS ($MILLION)
TABLE 150.PIDILITE INDUSTRIES: COMPANY SNAPSHOT
TABLE 151.PIDILITE INDUSTRIES: OPERATING SEGMENTS
TABLE 152.PIDILITE INDUSTRIES: PRODUCT PORTFOLIO
TABLE 153.PIDILITE INDUSTRIES: OVERALL FINANCIAL STATUS ($MILLION)
TABLE 154.THE 3M COMPANY: COMPANY SNAPSHOT
TABLE 155.THE 3M COMPANY: OPERATING SEGMENTS
TABLE 156.THE 3M COMPANY.: PRODUCT PORTFOLIO
TABLE 157.THE 3M COMPANY: OVERALL FINANCIAL STATUS ($MILLION)
TABLE 158.DENKA COMPANY LIMITED: COMPANY SNAPSHOT
TABLE 159.DENKA COMPANY LIMITED: OPERATING SEGMENTS
TABLE 160.DENKA COMPANY LIMITED.: PRODUCT PORTFOLIO
TABLE 161.DENKA COMPANY LIMITED: OVERALL FINANCIAL STATUS ($MILLION)

LIST OF FIGURES

FIGURE 01.EXECUTIVE SUMMARY
FIGURE 02.GLOBAL NEOPRENE MARKET SEGMENTATION
FIGURE 03.TOP INVESTMENT POCKETS, BY COUNTRY
FIGURE 04.LOW BARGAINING POWER OF SUPPLIERS
FIGURE 05.MODERATE BARGAINING POWER OF BUYERS
FIGURE 06.LOW THREAT OF NEW ENTRANTS
FIGURE 07.HIGH THREAT OF SUBSTITUTES
FIGURE 08.MODERATE INTENSITY OF COMPETITIVE RIVALRY
FIGURE 09.PRICING ANALYSIS, BY PRODUCT, 2020–2030 ($/KG)
FIGURE 10.PRICING ANALYSIS, BY END-USER, 2020–2030 ($/KG)
FIGURE 11.PRICING ANALYSIS, BY REGION, 2020–2030 ($/KG)
FIGURE 12.VALUE CHAIN ANALYSIS
FIGURE 13.PATENT ANALYSIS: BY REGION (2016-2020)
FIGURE 14.GLOBAL NEOPRENE MARKET DYNAMICS
FIGURE 15.PARENT MARKET OVERVIEW
FIGURE 16.GLOBAL NEOPRENE MARKET, BY PRODUCT, 2020 VS 2030 ($MILLION)
FIGURE 17.COMPARATIVE ANALYSIS OF NEOPRENE MARKET FOR NEOPRENE SPONGE/FOAM, BY COUNTRY, 2020 VS 2030 ($MILLION)
FIGURE 18.COMPARATIVE ANALYSIS OF NEOPRENE MARKET FOR NEOPRENE SHEET, BY COUNTRY, 2020 VS 2030 ($MILLION)
FIGURE 19.COMPARATIVE ANALYSIS OF NEOPRENE MARKET FOR NEOPRENE LATEX, BY COUNTRY, 2020 VS 2030 ($MILLION)
FIGURE 20.GLOBAL NEOPRENE MARKET, BY END-USER, 2020 VS 2030 ($MILLION)
FIGURE 21.COMPARATIVE ANALYSIS OF NEOPRENE MARKET FOR AUTOMOTIVE, BY COUNTRY, 2020 VS 2030 ($MILLION)
FIGURE 22.COMPARATIVE ANALYSIS OF NEOPRENE MARKET FOR ELECTRICAL & ELECTRONICS, BY COUNTRY, 2020 VS 2030 ($MILLION)
FIGURE 23.COMPARATIVE ANALYSIS OF NEOPRENE MARKET FOR BUILDING & CONSTRUCTION, BY COUNTRY, 2020 VS 2030 ($MILLION)
FIGURE 24.COMPARATIVE ANALYSIS OF NEOPRENE MARKET FOR TEXTILES, BY COUNTRY, 2020 VS 2030 ($MILLION)
FIGURE 25.COMPARATIVE ANALYSIS OF NEOPRENE MARKET FOR OTHERS, BY COUNTRY, 2020 VS 2030 ($MILLION)
FIGURE 26.GLOBAL NEOPRENE MARKET, BY REGION, 2020 VS 2030 ($MILLION)
FIGURE 27.U.S. NEOPRENE MARKET REVENUE, 2020–2030 ($MILLION)
FIGURE 28.CANADA NEOPRENE MARKET REVENUE, 2020–2030 ($MILLION)
FIGURE 29.MEXICO NEOPRENE MARKET REVENUE, 2020–2030 ($MILLION)
FIGURE 30.GERMANY NEOPRENE MARKET REVENUE, 2020–2030 ($MILLION)
FIGURE 31.FRANCE NEOPRENE MARKET REVENUE, 2020–2030 ($MILLION)
FIGURE 32.ITALY NEOPRENE MARKET REVENUE, 2020–2030 ($MILLION)
FIGURE 33.SPAIN NEOPRENE MARKET REVENUE, 2020–2030 ($MILLION)
FIGURE 34.UK NEOPRENE MARKET REVENUE, 2020–2030 ($MILLION)
FIGURE 35.REST OF EUROPE NEOPRENE MARKET REVENUE, 2020–2030 ($MILLION)
FIGURE 36.CHINA NEOPRENE MARKET REVENUE, 2020–2030 ($MILLION)
FIGURE 37.JAPAN NEOPRENE MARKET REVENUE, 2020–2030 ($MILLION)
FIGURE 38.SOUTH KOREA NEOPRENE MARKET REVENUE, 2020–2030 ($MILLION)
FIGURE 39.INDIA NEOPRENE MARKET REVENUE, 2020–2030 ($MILLION)
FIGURE 40.AUSTRALIA NEOPRENE MARKET REVENUE, 2020–2030 ($MILLION)
FIGURE 41.REST OF ASIA-PACIFIC NEOPRENE MARKET REVENUE, 2020–2030 ($MILLION)
FIGURE 42.BRAZIL NEOPRENE MARKET REVENUE, 2020–2030 ($MILLION)
FIGURE 43.SAUDI ARABIA NEOPRENE MARKET REVENUE, 2020–2030 ($MILLION)
FIGURE 44.SOUTH AFRICA NEOPRENE MARKET REVENUE, 2020–2030 ($MILLION)
FIGURE 45.REST OF LAMEA NEOPRENE MARKET REVENUE, 2020–2030 ($MILLION)
FIGURE 46.TOP PLAYER POSITIONING, 2020
FIGURE 47.PRODUCT MAPPING OF TOP 10 PLAYERS
FIGURE 48.COMPETITIVE HEATMAP OF KEY PLAYERS
FIGURE 49.SUNDOW POLYMERS CO., LTD.: REVENUE, 2018–2020 ($MILLION)
FIGURE 50.SUNDOW POLYMERS CO., LTD.: REVENUE SHARE BY SEGMENT, 2020 (%)
FIGURE 51.SUNDOW POLYMERS CO., LTD.: REVENUE SHARE BY REGION, 2020 (%)
FIGURE 52.TUHUANG CHEMICAL CO.: REVENUE, 2018–2020 ($MILLION)
FIGURE 53.TUHUANG CHEMICAL CO.: REVENUE SHARE BY SEGMENT, 2020 (%)
FIGURE 54.TUHUANG CHEMICAL CO.: REVENUE SHARE BY REGION, 2020 (%)
FIGURE 55.COVESTRO AG: REVENUE, 2018–2020 ($MILLION)
FIGURE 56.COVESTRO AG: REVENUE SHARE BY SEGMENT, 2020 (%)
FIGURE 57.COVESTRO AG: REVENUE SHARE BY REGION, 2020 (%)
FIGURE 58.LANXESS: REVENUE, 2018–2020 ($MILLION)
FIGURE 59.LANXESS: REVENUE SHARE BY REGION, 2020 (%)
FIGURE 60.TOSOH CORPORATION: REVENUE, 2018–2020 ($MILLION)
FIGURE 61.TOSOH CORPORATION: REVENUE SHARE BY SEGMENT, 2020 (%)
FIGURE 62.TOSOH CORPORATION: REVENUE SHARE BY REGION, 2020 (%)
FIGURE 63.ZENITH RUBBER: REVENUE, 2018–2020 ($MILLION)
FIGURE 64.ZENITH RUBBER: REVENUE SHARE BY SEGMENT, 2020 (%)
FIGURE 65.BGK GMBH ENDLOSBAND: REVENUE, 2018–2020 ($MILLION)
FIGURE 66.BGK GMBH ENDLOSBAND: REVENUE SHARE BY SEGMENT, 2020 (%)
FIGURE 67.BGK GMBH ENDLOSBAND: REVENUE SHARE BY REGION, 2020 (%)
FIGURE 68.PIDILITE INDUSTRIES: REVENUE, 2018–2020 ($MILLION)
FIGURE 69.PIDILITE INDUSTRIES: REVENUE SHARE BY SEGMENT, 2020 (%)
FIGURE 70.PIDILITE INDUSTRIES: REVENUE SHARE BY REGION, 2020 (%)
FIGURE 71.THE 3M COMPANY: REVENUE, 2018–2020 ($MILLION)
FIGURE 72.THE 3M COMPANY: REVENUE SHARE BY SEGMENT, 2020 (%)
FIGURE 73.THE 3M COMPANY: REVENUE SHARE BY REGION, 2020 (%)
FIGURE 74.DENKA COMPANY LIMITED: REVENUE, 2018–2020 ($MILLION)
FIGURE 75.DENKA COMPANY LIMITED: REVENUE SHARE BY SEGMENT, 2020 (%)
FIGURE 76.DENKA COMPANY LIMITED: REVENUE SHARE BY REGION, 2020 (%)


 
 

The global neoprene market is anticipated to witness growth during the forecast period driven by rise in demand from automotive and building & construction industries. Increase in demand for neoprene in the building & construction sector for applications such as window gaskets, cable coverings, and roof waterproofing membranes due to excellent durability, waterproofing, and resilience properties. The building & construction industry is growing globally at a rapid pace, and thus is one of the key drivers for the neoprene market. In addition, surge in automobile production, especially the electric vehicles has led to increase in demand for neoprene from the automotive industry for manufacturing of hose covers, constant velocity joint (CVJ) boots, power transmission belts, vibration mounts, shock absorber seals, and steering system components. These factors are projected to drive the growth of neoprene market during the forecast period.

However, volatility in crude oil prices and presence of substitutes are expected to hamper the growth of the neoprene market during the forecast period. Furthermore, increase in popularity of neoprene gloves is expected to provide growth opportunities for the neoprene market during the forecast period.

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FREQUENTLY ASKED QUESTIONS?
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A. Growing adoption of neoprene rubber in the automobile Industry, rapidly expanding construction and electronic industry in the developing economies, and advancement of technologies are the driving factors and opportunities in the neoprene market.

A. Business expansion and acquisitions are the key growth strategies of neoprene market players.

A. LAMEA region will provide more business opportunities for neoprene in future.

A. Sundow Polymers Co., Ltd, Covestro AG, Lanxess, TOSOH Corporation, Zenith Rubber, BGK GmbH Endlosband, Pidilite Industries, The 3M Company, Denka Company Limited, and TuHuang Chemical Co. are the leading global players in the neoprene market.

A. Neoprene sheet and automotive segments holds the maximum share of the neoprene market.

A. Automobile, construction, electrical & electronics, and textile companies across the globe are the potential customers of neoprene industry.

A. The global neoprene market was valued at $1.9 billion in 2020, and is projected to reach $2.4 billion by 2030, growing at a CAGR of 2.5% from 2021 to 2030.

A. The global neoprene market analysis covers in-depth information of major industry participants, Porter’s five forces analysis help analyze potential of buyers & suppliers and the competitive scenario of the industry for strategy building, major countries have been mapped according to their individual revenue contribution to the regional market, the report provides in-depth analysis of the global neoprene market forecast for the period 2021–2030, the report outlines the current global neoprene market trends and future scenario of the global neoprene market from 2020 to 2030 to understand the prevailing opportunities and potential investment pockets, and key drivers, restraints, & opportunities and their detailed impact analysis are explained in the global neoprene market study.

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