Allied Market Research
Allied Market Research

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

Pages: NA
Sep 2021 | 75 Views
Author(s) : Eswara Prasad
Tables: NA
Charts: NA
  • Formats*:

  • SIngle User License, Five User
    License & Enterprise User License

  • Data Pack Excel License

  • IComes with the additional cost
    of $2500.00 contact sales.



Pandemic disrupted the entire world and affected many industries.

Get detailed COVID-19 impact analysis on the Neoprene Market

Request Now !

Neoprene rubber is a tough substance that is used in a wide range of applications, including marine and outdoor. It can be used in place of or as a substitute for rubber. Polychloroprene is another name for neoprene rubber, which is made by polymerizing chloroprene. It is more resistant to rubber degradation than natural and synthetic rubber. The substance is chemically stable and can be employed in a variety of situations. Neoprene rubber comes in a variety of thicknesses ranging from 1mm to 50mm, with a Shore hardness of 60. This is a standard hardness rating for usage in commercial applications. Neoprene is commonly used in automotive products such as rubber gaskets, O-rings, seals, hoses, and other similar items, as well as in building products such as fire doors, electrical insulation, waterproofing membranes, and other similar items. Neoprene is more resistant to gas permeation than natural rubber and can withstand higher temperatures: up to 200 degrees Fahrenheit (F). Neoprene preserves its integrity even at such high temperatures, making it better suited to long-term use in high-temperature applications than natural rubber. The polymer structure of neoprene also allows it to be manipulated to create a material compound with a wide range of chemical and physical qualities, depending on the needs of the product.

Market Scope and Structure Analysis

Report Metric


Market Size Available for Years


 Base Year Considered


 Forecast Period


 Forecast Unit

 Value (USD)

 Segments Covered

 Product, End User, and Region

 Regions Covered

 North America, Europe, Asia-Pacific, LAMEA

 Companies Covered

BASF SE, LANXESS, Tosoh, Asahi Kasei Corporation, Showa Denko. Canada Rubber Group, ACRO Industries, Macro, International Co., AJ Rubber & Sponge Ltd., Chongqing, Changshou Chemical, Martin's Rubber Company, China Bluestar New Chemical Materials


Covid-19 impact analysis

  • The market was negatively impacted by COVID-19 in 2020. The deteriorating vehicle sector, as well as a temporary halt in building and automotive activities due to the pandemic lockdown, have had a substantial impact on the neoprene market. However, demand for neoprene products such as medical gloves has expanded dramatically as a result of this situation, boosting the neoprene market demand.
  • Manufacturers have had a number of issues with neoprene production as a result of the COVID-19 disrupting the raw material supply chain. Due to weaker demand from tire makers in the global market, synthetic rubber demand in industries has decreased drastically.
  • The demand for neoprene has decreased in industries like automotive and construction due to fewer completed goods production, resulting in a decrease in the price of neoprene on the world market. Due to the pandemic condition generated by COVID-19, synthetic rubber export and import have decreased in many nations.

Top impacting factors

Automotive is one of the leading markets for neoprene rubber on a global level. Increased production of electric vehicles will result from initiatives to adopt green vehicles, raising demand for neoprene rubber in the automotive industry. The demand for neoprene rubber is predicted to rise as technology advances and neoprene rubber develops in international markets. The global neoprene rubber market is driven by firms' environmental capabilities and sustainable production. The worldwide neoprene rubber market is additionally fueled by advanced technical advancements, as well as a strong demand for neoprene rubber's functionality and safety. Manufacturers will also have a substantial potential to profitably participate in the neoprene rubber sector.

Market Trends

New product

  • Neoprene is a type of synthetic rubber that is typically made by polymerizing chloroprene. They are grease and ageing resistant. These are commonly seen in waterproof items like gloves and wet suits. They are able to maintain good flexibility over a wide temperature range and are usually chemically stable. They also adhere to metals and fabrics and do not deteriorate in the presence of sunlight, ozone, or other environmental factors. The gloves and suits were introduced to tackle current environment scenario.
  • The market for neoprene is fairly large, and it's commonly employed in building and construction. Neoprene has proven to be effective in a variety of structural sealing and waterproofing applications. Neoprene is commonly used in window gaskets, cable covers, and roof waterproofing membranes in architecture and construction, and it has great durability, waterproofing, and resilience capabilities.
  • Neoprene is commonly used to seal floors of multi-story structures, prevent roof leaks, and sheath bridge bearing pads and cables. Neoprene's great flexibility has made it a popular choice for structural engineering applications requiring unique parts with exceptional weather, water, chemical, and fire resistance.
  • Neoprene has a great resistance to dilute acids, bases, and salt solutions, as well as grease, wax, and oil. Another major benefit of neoprene is that it performs well in a wide variety of temperatures, from -20°C to 95°C, and can even be compounded for even higher temperatures. These benefits make neoprene one of the most appealing building and construction materials.
  • One of the largest users of neoprene is the electronics sector. Smartphones, OLED TVs, and tablets are among the consumer electronics devices that are growing the fastest in China. The domestic manufacture of electronic devices is expected to develop quickly in the foreseeable future, thanks to rising middle-class disposable income and the availability of cheap labor.

Key Segments covered


  • Neoprene Sponge/Foam
  • Neoprene Rubber Sheet
  • Neoprene Latex

End User

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


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

Key Benefits of the Report

  • This study presents the analytical depiction of the neoprene industry along with the current trends and future estimations to determine the imminent investment pockets.
  • The report presents information related to key drivers, restraints, and opportunities along with detailed analysis of the neoprene market share.
  • The current market is quantitatively analyzed from 2020 to 2030 to highlight the neoprene market growth scenario.
  • Porter’s five forces analysis illustrates the potency of buyers & suppliers in the market.
  • The report provides a detailed neoprene market analysis based on competitive intensity and how the competition will take shape in coming years

Questions answered in the neoprene Report

  • Who are the leading market players active in the neoprene market?
  • What current trends will influence the market in the next few years?
  • What are the driving factors, restraints, and opportunities in the market?
  • What future projections would help in taking further strategic steps?
    • Upcoming Report specific
      • What is "neoprene"?
      • What does "neoprene" allow organizations to achieve?
      • What will be the anticipated growth rates for your own neoprene market economy altogether and also for every segment inside?
      • Which will be the niches at which players profiling with recent advancements should set a presence?
      • What are the driving factors and opportunities in the market?
With collective industry experience of about 200 years of its analysts and experts, Allied Market Research (AMR) encompasses most infallible research methodology for its market intelligence and industry analysis. We do not only engrave the deepest levels of markets but also sneak through its slimmest details for the purpose of our market estimates and forecasts. Our approach helps in building greater market consensus view for size, shape and industry trends within each industry segment. We carefully factor in industry trends and real developments for identifying key growth factors and future course of the market. Our research proceeds are the resultant of high quality data, expert views and analysis and high value independent opinions. Our research process is designed to deliver balanced view of the global markets and allow stakeholders to make informed decisions.

We offer our clients exhaustive research and analysis based on wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics and regional intelligence. Our in-house industry experts play instrumental role in designing analytic tools and models, tailored to the requirements of particular industry segment. These analytical tools and models sanitize the data & statistics and enhance the accuracy of our recommendations and advice. With AMR’s calibrated research process and 360` degree data-evaluation methodology, our clients are assured of receiving:

  • Consistent, valuable, robust and actionable data & analysis that can easily be referenced for strategic business planning
  • Technologically sophisticated and reliable insights through well audited and veracious research methodology
  • Sovereign research proceeds that present a tangible depiction of marketplace

With a strong methodology we are, therefore, confident that our research and analysis are most reliable and guarantees sound business planning.

Secondary research
We refer a broad array of industry sources for our secondary, which typically include; however, not limited to: Company SEC filings, annual reports, company websites, broker & financial reports and investor presentations for competitive scenario and shape of the industry

  • Patent and regulatory databases for understanding of technical & legal developments
  • Scientific and technical writings for product information and related preemptions
  • Regional government and statistical databases for macro analysis
  • Authentic new articles, web-casts and other related releases for market evaluation
  • Internal and external proprietary databases, key market indicators and relevant press releases for market estimates and forecast

Primary research
Our primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks and face-to-face interactions. We are also in professional corporate relations with various companies that allow us greater flexibility for reaching out industry participants and commentators for interviews and discussions, fulfilling following functions:

  • Validates and improves the data quality and strengthens research proceeds
  • Further develops analyst team’s market understanding and expertise
  • Supplies authentic information about market size, share, growth and forecasts

Our primary research interview and discussion panels are typically composed of most experienced industry members. These participants include; however, not limited to:

  • Chief executives and VPs of leading corporations specific to industry
  • Product and sales managers or country heads; channel partners and top level distributors; banking, investments and valuation experts Key opinion leaders (KOLs)

Analyst tools and models
AMR has developed set of analyst tools and data models to supplement and expedite the analysis process. Corresponding to markets, where there is significant lack of information and estimates, AMR’s team of experts and analyst develop specific analyst tools and industry models to translate qualitative and quantitative industry indicators into exact industry estimates. These models also allow analysts to examine the prospects and opportunities prevailing in the market to accurately forecast the course of the market.

Start reading ,This Report and over 13000+ thousand more Reports, Available with Avenue Library, T&C*

Reach out to us

Call us on
( U.S. - Canada toll free )
Int'l : +1-503-894-6022
( Europe )
+ 44-845-528-1300
Drop us an email at

Allied Market Research Allied Market Research Allied Market Research

Access from any device, anywhere

Clients can easily download both quantitative as well as
qualitative reports in PDF and excel formats.











Purchase Full Report of
Neoprene Market

  • Online Only
  • $3,456  $3,110
  • Online cloud access only
  • Restricted print, copy, paste & download
  • Read only
  •   Free quarterly industry update
  •   Free report update (Within 180 days)
  •   Subscription model sign in
  • Data Pack
  • $3,840  $3,456
  • Restricted to one authorized user
  • One print only
  • Available in
  •   Free quarterly industry update
  •   Free report update (Within 180 days)
  •   Subscription model sign in
  • Single User
  • $5,769  $5,192
  • Restricted to one authorized user
  • One print only
  • Available in Excel & PDF
  •   Free quarterly industry update
  •   Free report update (Within 180 days)
  •   Subscription model sign in
  • Five Users
  • $6,450  $5,805
  • Limited to five authorized users
  • Print upto five copies
  • Available in Excel & PDF
  •   Free quarterly industry update
  •   Free report update (Within 180 days)
  •   Subscription model sign in
  • Enterprise

  • $8,995  $8,096
  • Unlimited
  • Available in Excel & PDF
  •   Free quarterly industry update
  •   Free report update (Within 180 days)
  •   Subscription model sign in
  • Library Membership
  • $ 699/mo
  • Published Content
  • Company Profiles
  • Newly Added Content Access
  • 10 PDF
  • 5 Excel Data
    Pack Downloads
  • 250 Company Profiles PDF Downloads
  • Start reading.
    This Report and over 13,000+ thousand more Reports, Available with Avenue Library. T&C*.

    Buy Now

*Taxes/Fees, if applicable will be added during checkout. All prices in USD


Why Allied Market Research?


Infallible Methodology

To ensure high-level data integrity, accurate analysis, and impeccable forecasts

Analyst Support

For complete satisfaction


On-demand customization of scope of the report to exactly meet your needs


Targeted market view to provide pertinent information and save time of readers


Featured Reports


Erythropoietin Drugs Market

Global Opportunity Analysis and Industry Forecast, 2021–2028

Published in May 2021

Download Sample

Protein Therapeutics Market

Global Opportunity Analysis and Industry Forecast, 2017-2023

Published in Nov 2017

Download Sample

Surgical Equipment Market

Global Opportunity Analysis and Industry Forecast, 2020-2027

Published in Jan 2021

Download Sample

Medical Implant Market

Global Opportunity Analysis and Industry Forecast, 2020–2027

Published in Nov 2020

Download Sample

Featured Readings


Get fresh content delivered

Get insights on topics that are crucial for your business. Stay abreast of your interest areas.

Get Industry Data Alerts

Why Allied Market Research?


Infallible Methodology

To ensure high-level data integrity, accurate analysis, and impeccable forecasts

Analyst Support

For complete satisfaction


On-demand customization of scope of the report to exactly meet your needs


Targeted market view to provide pertinent information and save time of readers