DUBLIN--(BUSINESS WIRE)--The "Neoprene Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2019-2024" report has been added to ResearchAndMarkets.com's offering.
The global neoprene market reached a volume of 384 kilotons in 2018. Looking forward, we expect the global neoprene market to reach a volume of 498 kilotons by 2024 exhibiting a CAGR of around 4% during 2019-2024.
The global demand of neoprene has been increasing continuously over the last few years catalyzed by its superior physical and chemical properties.
The automotive sector represents one of the biggest end users of neoprene. In the automotive industry neoprene is used in the manufacturing of tires, oil seals, power transmission belts, breaking and steering system components, hose covers, etc.
Apart from the automotive industry, the growth in the construction sector is also catalyzing the demand of neoprene where it is used to provide electrical insulation; seals for windows, doors, and facades; elevator astragals; deviator pads; highway and bridge seals, etc.
Based on the manufacturing route, the market has been segmented into the butadiene route and acetylene route. The butadiene route currently accounts for a higher share.
Based on the grade, the market has been segmented into general-purpose grade neoprene, pre-crosslinked grade neoprene, sulfur-modified grade neoprene and slow crystallizing grade neoprene.
Based on the application, the market has been segmented into technical rubber, adhesives industry and latex industry. Technical rubber currently represents the biggest segment.
Based on the end-user, the market has been segmented into automotive, manufacturing, consumer goods and medical. The automotive segment currently represents the biggest end user.
Region-wise, the market has been segmented into Asia Pacific, North America, Europe, Middle East and Africa, and Latin America. Amongst these, Asia Pacific is the biggest region, accounting for the majority of the global market.
The competitive landscape of the market has also been examined with some of the key players being Denka, Lanxess, Showa Denko, Tosoh, Zenith Rubber, DowDuPont, GK GmbH Endlosband, Pidilite Industries Ltd., Covestro AG and Asahi Kasei Corporation.
Key Questions Answered
- How has the global neoprene market performed so far and how will it perform in the coming years?
- What are the key regional markets in the global neoprene industry?
- What is the breakup of the global neoprene market on the basis of manufacturing route?
- What is the breakup of the global neoprene market on the basis of grade?
- What is the breakup of the global neoprene market on the basis of application?
- What is the breakup of the global neoprene market on the basis of end-user?
- What are the various stages in the value chain of the global neoprene market?
- What are the key driving factors and challenges in the global neoprene market?
- What is the structure of the global neoprene market and who are the key players?
- What is the degree of competition in the global neoprene market?
- How is neoprene manufactured?
2 Scope and Methodology
2.1 Objectives of the Study
2.3 Data Sources
2.4 Market Estimation
2.5 Forecasting Methodology
3 Executive Summary
4.3 Key Industry Trends
5 Global Neoprene Market
5.1 Market Overview
5.2 Market Performance
5.3 Market Breakup by Manufacturing Route
5.4 Market Breakup by Grade
5.5 Market Breakup by Application
5.6 Market Breakup by End-User
5.7 Market Breakup by Region
5.8 Market Forecast
6 Market Breakup by Manufacturing Route
6.1 Butadiene Route
6.2 Acetylene Route
7 Market Breakup by Grade
7.1 General-Purpose Grade Neoprene
7.2 Pre-Crosslinked Grade Neoprene
7.3 Sulfur-Modified Grade Neoprene
7.4 Slow Crystallizing Grade Neoprene
8 Market Breakup by Application
8.1 Technical Rubber
8.2 Adhesives Industry
8.3 Latex Industry
9 Market Breakup by End-User
9.3 Consumer Goods
10 Market Breakup by Region
10.1 Asia Pacific
10.2 North America
10.4 Middle East and Africa
10.5 Latin America
11 Global Neoprene Industry: SWOT Analysis
12 Global Neoprene Industry: Value Chain Analysis
12.2 Research and Development
12.3 Raw Material Procurement
13 Global Neoprene Industry: Porters Five Forces Analysis
13.2 Bargaining Power of Buyers
13.3 Bargaining Power of Suppliers
13.4 Degree of Competition
13.5 Threat of New Entrants
13.6 Threat of Substitutes
14 Global Neoprene Industry: Price Analysis
14.1 Price Indicators
14.2 Price Structure
14.3 Margin Analysis
15 Neoprene Manufacturing Process
15.1 Product Overview
15.2 Raw Material Requirements
15.3 Manufacturing Process
15.4 Key Success and Risk Factors
16 Competitive Landscape
16.1 Market Structure
16.2 Key Players
16.3 Profiles of Key Players
16.3.3 Showa Denko
16.3.5 Zenith Rubber
16.3.7 GK GmbH Endlosband
16.3.8 Pidilite Industries Ltd.
16.3.9 Covestro AG
16.3.10 Asahi Kasei Corporation
For more information about this report visit https://www.researchandmarkets.com/research/l289rw/global_neoprene?w=4
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Related Topics: Rubber, Synthetic Textiles