Chloroprene Rubber Market to 2023 | Evolving Technology, Trends and Industry Analysis

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Chloroprene Rubber Market Trends, Size, Top 10
Key Players Forecast to 2023
Industry Survey, Growth, Competitive
Landscapeand Forecasts to 2023
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Chloroprene Rubber Market Research Report
Global Forecast to 2023
Market Overview / Study Objective / Synopsis
Chloroprene Rubber offers greater resistance to
oils and solvents than its counterpart natural
rubber and synthetic styrene butadiene rubber
(SBR), and against the destructive effects of
sunlight, aging and oxidation. This is solely
because chloroprene is a liquid similar to its
other counterpart isoprene in chemical structure,
the only difference being chloroprene having a
chlorine atom where isoprene has a methyl group.
The significant properties such as resistant to
heat, abrasion, and flame. Its resilience is
lower than that of natural rubber and decreases
rapidly at lower temperature. Major applications
are found in rubber industry, as raw material for
modifying adhesives and in latex products
manufacturing.
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Chloroprene Rubber Market Research Report
Global Forecast to 2023
Competitive Analysis
As per our Analysis, some of the prominent market
factors and trends identified in the Global
Chloroprene Rubber Market are rising demand for
protective linings in many chemical plants owing
to rapid industrialization, rising demand for
chloroprene based rubber components in
automobiles, and increasing demand for modified
adhesives with Chloroprene. Moreover, the
demand for Chloroprene rubber is predicted to
witness significant growth over the assessment
period due to inefficient Chloroprene Rubber
counterpart such as synthetic SBR, natural rubber
and isoprene. Rising demand for chloroprene based
bearing pads in building bridges owing to
increasing intra and inter trade transportation
is anticipated to be an important driver for
Chloroprene Rubber Market during the review
period. Increasing automobile production and
sales along with rising consumption of
chloroprene based automotive components is
estimated to fuel the growth of the market.
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Chloroprene Rubber Market Research Report
Global Forecast to 2023
Top 10 Global key Players Their Strategy

• Chongqing Changshou Chemical Co., Ltd. (China),
• Denka Company Limited (Japan),
• The Dow Chemical Company (U.S.),
• Denka Company Limited (the Netherlands),
• MITSUI CO., LTD. (Japan),
• Tosoh Corporation (Japan),
• Shanxi Synthetic Rubber Group Co.Ltd (China),
• SHOWA DENKO K.K. (Japan),
• The Goodyear Tire Rubber Company (U.S.), and
• Dunlop (U.S.)

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Chloroprene Rubber Market Research Report
Global Forecast to 2023
Segmentation Analysis
The Global Chloroprene Rubber Market is
categorized on the basis of type, application,
and region. On the Basis of Grade, the market is
bifurcated into linear, cross-linked, sulfur
modified, and crystallizing resistant. On the
basis of End Use Industry, the chloroprene rubber
market is categorized into automobile,
construction, furniture, chemical industries,
textiles, and others. On the basis of Region, the
market is categorized into Asia Pacific, Europe,
Latin America, North America, and the Middle East
Africa.
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Chloroprene Rubber Market Research Report
Global Forecast to 2023
Regional Analysis
U.S accounts for the largest market share and is
followed by Canada in terms of value volume and
is estimated to grow with the moderate CAGR on
account of growth in the production of crude oil.
Furthermore, penetration of light weight
transportation trucks and vehicles is predicted
to boost the existing growing chloroprene based
tire market in this region. Latin American
countries such as Argentina, Colombia, and Brazil
are also predicted to witness substantial growth
owing to increasing consumer spending on
passenger cars as well as involvement of new
technologies and inventions in chloroprene rubber.
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