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Global Chloroprene Rubber (CR) Market 2015-2019

Global Chloroprene Rubber (CR) Market 2015-2019

About Chloroprene Rubber

Chloroprene rubber (CR) is an artificial polymer, which acts as an elastomer. Elastomers can experience significantly greater elastic deformation under anxiety and recovers its previous size without permanent deformation. CR has great mechanical quality, high ozone and weather resistance, great aging resistance, low flammability, great resistance toward chemicals, moderate oil and fuel resistance and adhesion to many substrates. It plays a central role in the global economy, with major applications in the automotive, manufacturing, consumer goods, and medical industries. The automotive industry alone accounts for the majority of the share in 2014 and is the primary driver of changes in year-on-year consumption.

Technavio forecasts the global chloroprene rubber market to grow at a CAGR of 5.89% and 6.36% on the basis of production and consumption, over the period 2014-2019.

Covered in this Report

Technavio’s report, the Global Chloroprene Rubber Market 2015-2019, has been prepared based on an in-depth market analysis with inputs from various industry experts. The report includes a comprehensive discussion on the market, an extensive coverage on various types of production techniques, applications and demand-supply dynamics in various geographies. The report provides comments on both the existing market landscape and its growth prospects over the forecast period. The report further includes a discussion of the key vendors.

The report further provides data on the following segments of the market

  • Application
  • End-use
  • Geography
  • Key Vendors
    • Asahi kasei Chemicals
    • Chongqing Changshou Chemical
    • Denka
    • Dupont
    • Lanxess
    • Showa Denko
    Other Prominent Vendors
    • China Bluestar New Chemical Materials
    • Chongqing Longevity Chemical
    • Nairit Plant
    • Zenith Industrial Rubber Products
    Market Driver
    • Increased Demand for CR in Automobile Sector
    • For a full, detailed list, view our report
    Market Challenge
    • Volatile Crude Oil Prices
    • For a full, detailed list, view our report
    Market Trend
    • Growing Number of Strategic Alliances
    • For a full, detailed list, view our report
    Key Questions Answered in this Report
    • What will the market size be in 2019 and what will the growth rate be?
    • What are the key market trends?
    • What is driving this market?
    • What are the challenges to market growth?
    • Who are the key vendors in this market space?
    • What are the market opportunities and threats faced by the key vendors?
    • What are the strengths and weaknesses of the key vendors?


    Press Release

    Technavio Announces the Publication of its Research Report – Global Chloroprene Rubber (CR) Market 2015-2019

    Technavio recognizes the following companies as the key players in the Global Chloroprene Rubber (CR) Market: Asahi kasei Chemicals, Chongqing Changshou Chemical, Denka, Dupont, Lanxess and Showa Denko

    Other Prominent Vendors in the market are: China Bluestar New Chemical Materials, Chongqing Longevity Chemical, Nairit Plant and Zenith Industrial Rubber Products

    Commenting on the report, an analyst from Technavio’s team said: “In December 2014, Denka signed a definitive agreement with DuPont, to sell DuPont's neoprene polychloroprene business to Denka Performance Elastomer, a new joint venture company owned 70% by Denka and 30% by Mitsui. Neoprene, invented by DuPont in 1931, is a synthetic rubber used for some chemical and climate-safe items, such as wet suits and orthopedic supports. It is also utilized as a base resin in cements, electrical sheathing, and coatings. DuPont is the main producer of neoprene polychloroprene in North America at its Pontchartrain Works site in Los Angeles, US.”

    According to the report, CR is used in the manufacture of tires, oil seals, and even in tire adhesive in the automotive sector. The rapid growth of the automotive sector in developing countries and increased demand for high-performance tires, oil seals, and even in tire adhesive, are contributing to the growth of the global CR market. Tires are being made from CR as it provides improved performance, safety, and fuel efficiency. APAC was the largest producer and consumer of CR in 2014, with its tire sector exhibiting substantial growth. Due to the low labor and operating costs, many manufacturers have shifted their production facilities to APAC. However, the downstream tire sector in China is operating its plants at a reduced rate because of antidumping duties on China-produced tires in the US.

    Further, the report states that butadiene obtained from crude oil is used to manufacture chloroprene, so the fluctuations in the price of crude oil have a significant impact on the global CR market.

    Companies Mentioned

    Asahi kasei Chemicals,Chongqing Changshou Chemical, Denka, Dupont, Lanxess, Showa Denko, China Bluestar New Chemical Materials, Chongqing Longevity Chemical, Nairit Plant, Zenith Industrial Rubber Products

    • Executive Summary
    • List of Abbreviations
    • Scope of the Report
      • Market Overview
    • Market Research Methodology
      • Market Research Process
      • Research Methodology
        • Table Market Research Methodology
    • Introduction
    • Market Landscape
      • Market Overview
        • Table Segmentation of Global CR Market
        • Table Segmentation of Global CR Market by Application
        • Table Segmentation of Global CR Market by End-user
        • Table Segmentation of Global CR Market by Geography
      • Five Forces Analysis
    • Global CR Market
      • Market Size and Forecast by Production
        • Table Global CR Market 2014-2019 by Production (kilotons)
      • Market Size and Forecast by Consumption
        • Table Global CR Market 2014-2019 by Consumption (kilotons)
    • Market Segmentation by Application
      • Global CR Market
        • Table Segmentation of Global CR Market by Application
      • Global CR Market by Application 2014 and 2019
        • Table Segmentation of Global CR Market by Application 2014 and 2019
      • Global CR Market in the Technical Rubber Industry
        • Market Size and Forecast
          • Table Global CR Market in Technical Rubber Industry 2014-2019 (kilotons)
      • Global CR Market in the Adhesives Industry
        • Market Size and Forecast
          • Table Global CR Market in Adhesives Industry 2014-2019 (kilotons)
          • Table Uses of CR in Adhesives Industry
      • Global CR Market in the Latex Industry
        • Market Size and Forecast
          • Table Global CR Market in Latex Industry 2014-2019 (kilotons)
          • Table Uses of CR in Latex Industry
    • Market Segmentation by End-user
      • Global CR Market by End-user 2014-2019
        • Table Segmentation of Global CR Market by End-user 2014 and 2019
      • Global CR Market in the Automotive Segment
        • Market Size and Forecast
          • Table Global CR Market in Automotive Segment 2014-2019 (kilotons)
      • Global CR Market in Manufacturing Segment
        • Market Size and Forecast
          • Table Global CR Market in Manufacturing Segment 2014-2019 (kilotons)
      • Global CR Market in Consumer Goods Segment
        • Market Size and Forecast
          • Table Global CR Market in Consumer Goods Segment 2014-2019 (kilotons)
      • Global CR Market in Medical Segment
        • Market Size and Forecast
          • Table Global CR Market in Medical Segment 2014-2019 (kilotons)
    • Geographical Segmentation
      • Global CR Market by Geographical Segmentation 2014-2019
        • Table Segmentation of Global CR Market by Geography 2014 and 2019
      • CR Market in APAC
        • Market Size and Forecast
          • Table CR Market in APAC 2014-2019 (kilotons)
      • CR Market in the North America
        • Market Size and Forecast
          • Table CR Market in North America 2014-2019 (kilotons)
      • CR Market in Europe
        • Market Size and Forecast
          • Table CR Market Europe 2014-2019 (kilotons)
    • Buying Criteria
    • Market Growth Drivers
      • Table Global Production of Tires by Vehicle Type (million)
      • Table Global Infrastructure and Energy Investment in Leading Regions by Project Value 2013 ($ billions)
    • Drivers and their Impact
    • Market Challenges
      • Table Brent Crude Oil Price ($ per barrel)
    • Impact of Drivers and Challenges
    • Market Trends
    • Trends and their Impact
    • Vendor Landscape
      • Competitive Scenario
      • Market Share Analysis 2014
        • Table Global CR Market: Major Vendors 2014
      • Other Prominent Vendors
    • Key Vendor Analysis
      • Asahi Kasei Chemicals
        • Key Facts
        • Business Overview
        • Product Segmentation
          • Table Asahi Kasei Chemicals: Product Segmentation 2013
        • Key Locations
          • Table Asahi Kasei Chemicals: Key Locations
        • Business Strategy
        • Recent Developments
        • SWOT Analysis
      • Chongqing Changshou Chemical
        • Key Facts
        • Business Overview
        • SWOT Analysis
      • DuPont
        • Key Facts
        • Business Overview
        • Business Segmentation by Revenue 2013
          • Table DuPont: Business Segmentation by Revenue 2013
        • Business Segmentation by Revenue 2012 and 2013
          • Table DuPont: Business Segmentation by Revenue 2012 and 2013 (US$ million)
        • Geographical Segmentation by Revenue 2013
          • Table DuPont: Geographical Segmentation by Revenue 2013
        • Business Strategy
        • Recent Developments
        • SWOT Analysis
      • Lanxess AG
        • Key Facts
        • Business Overview
        • Business Segmentation by Revenue 2012 and 2013
          • Table Lanxess: Business Segmentation by Revenue 2012 and 2013 (US$ billion)
        • Business Strategy
        • Key Information
        • SWOT Analysis
      • Showa Denko
        • Key Facts
        • Business Overview
        • Business Segmentation by Revenue 2013
          • Table Showa Denko: Business Segmentation by Revenue 2013
        • Business Segmentation by Revenue 2012 and 2013
          • Table Showa Denko: Business Segmentation by Revenue 2012 and 2013 (US$ million)
        • Geographical Segmentation by Revenue 2013
          • Table Showa Denko: Geographical Segmentation by Revenue 2013
        • Business Strategy
        • Recent Developments
        • SWOT Analysis
    • Other Reports in this Series

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