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Global Neoprene Market 2016-2020

About the Neoprene Market

Neoprene is a synthetic polymer of chloroprene. It has excellent mechanical quality, high ozone and weather resistance, aging resistance, low flammability, high resistance to chemicals and fuel, moderate resistance to oil, and good adhesion to different type substrates.

Technavio’s analysts forecast the global neoprene market to grow at a CAGR of 5.53% during the period 2016-2020.

Covered in this report

The report covers the present scenario and the growth prospects of the global neoprene market for 2016-2020.

The market is divided into the following segments based on geography:

  • Americas
  • APAC
  • EMEA
Technavio's report, Global Thoracic Surgery Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
  • Chongqing Changshou Chemical
  • Denka
  • LANXESS
  • Shanxi Synthetic Rubber Group
  • Tosoh
Other prominent vendors
  • Mitsui
  • Showa Denko
Market driver
  • Increase in demand from emerging economies
  • For a full, detailed list, view our report
Market challenge
  • Overcapacity of neoprene plants
  • For a full, detailed list, view our report
Market trend
  • Shift of manufacturing base to APAC
  • For a full, detailed list, view our report
Key questions answered in this report
  • What will the market size be in 2020 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 Neoprene Market 2016-2020

Technavio recognizes the following companies as the key players in the global neoprene market: Chongqing Changshou Chemical, Denka, LANXESS, Shanxi Synthetic Rubber Group, and Tosoh.

Other Prominent Vendors in the market are: Mitsui and Showa Denko.

Commenting on the report, an analyst from Technavio’s team said: “A trend which is expected to boost market growth is shifting production to APAC. Demand for fuel-efficient tires has increased due to the rise in environmental issues as well as modifications in the labeling regulations for tires in Japan and the European Union. By an increase in production capacity, neoprene manufacturers are able to meet this demand and introduce production lines to manufacture other grades of the product. Many neoprene manufacturers based in Europe are setting up production plants in APAC because of the low cost of production.”

According to the report, a key growth driver is the rising demand from emerging counries. The demand for neoprene in emerging economies will increase at a steady pace during the forecast period. APAC is the largest consumer of neoprene, and China is one of the leaders in neoprene production and consumption. The neoprene market in APAC will grow at a rapid pace during the forecast period. It is anticipated to account for more than half of the production and consumption of neoprene driven by the demand from the automotive and construction industries during the forecast period.

Further, the report states that one challenge that could hinder market growth is the overcapacity of neoprene plants. Overcapacity of neoprene plants at the global level has led to a reduction in exports from Central and Eastern Europe and Asia to North America and Western Europe.





Companies Mentioned

Chongqing Changshou Chemical, Denka, LANXESS, Shanxi Synthetic Rubber Group, Tosoh, Mitsui, Showa Denko.

  • Executive summary
    • Highlights
  • Scope of the report
    • Market overview
      • Table Global neoprene market
      • Table Global neoprene market by application
      • Table Global neoprene market by end-user
      • Table Global neoprene market by grade
      • Table Global neoprene market by manufacturing route
      • Table Global neoprene market by geography
  • Market research methodology
    • Research methodology
    • Economic indicators
  • Introduction
    • Key market highlights
    • Overview
      • Table Global production capacity of neoprene 2015
      • Table Advantages of neoprene
  • Market landscape
    • Market outlook and forecast
      • Table Global neoprene market by production volume 2015-2020 (kilotons)
      • Table Global neoprene market by consumption volume 2015-2020 (kilotons)
    • Porter's five forces analysis
      • Table Five forces analysis
  • Market segmentation by application
    • Overview
      • Table Global neoprene market by application 2015
      • Table Global neoprene market by application 2020
      • Table CAGR (%) and consumption volume (kilotons) 2015
    • Neoprene in technical rubber market
      • Table Neoprene in technical rubber market 2015-2020 (kilotons)
    • Neoprene in adhesives market
      • Table Neoprene in adhesives market 2015-2020 (kilotons)
    • Neoprene in latex market
      • Table Neoprene in latex market 2015-2020 (kilotons)
  • Market segmentation by end-user
    • Overview
      • Table Global neoprene market by end-user 2015
      • Table Global neoprene market by end-user 2020
      • Table CAGR (%) and consumption volume (kilotons) 2015
    • Neoprene in automotive sector
      • Table Neoprene in automotive sector 2015-2020 (kilotons)
    • Neoprene in manufacturing sector
      • Table Neoprene in manufacturing sector 2015-2020 (kilotons)
    • Neoprene in consumer goods sector
      • Table Neoprene in consumer goods sector 2015-2020 (kilotons)
    • Neoprene in medical sector
      • Table Neoprene in medical sector 2015-2020 (kilotons)
  • Market segmentation by grade
    • Overview
  • Market segmentation by manufacturing route
    • Overview
      • Table Market segmentation by manufacturing route 2015
  • Geographical segmentation
    • Overview
      • Table Market segmentation by geography 2015
      • Table Market segmentation by geography 2020
      • Table CAGR (%) and consumption volume (kilotons) 2015
    • Neoprene market in APAC
      • Table Neoprene market in APAC 2015-2020 (kilotons)
    • Neoprene market in North America
      • Table Neoprene market in North America 2015-2020 (kilotons)
    • Neoprene market in Europe
      • Table Neoprene market in Europe 2015-2020 (kilotons)
    • Neoprene market in ROW
      • Table Neoprene market in ROW 2015-2020 (kilotons)
  • Market drivers
    • Growth in construction industry
      • Table Expected spending on construction in US 2015-2019 ($ trillions)
      • Table Expected residential construction spending in US 2015-2019 ($ billions)
    • Increase in demand from emerging economies
      • Table Anticipated infrastructure spending in emerging economies by 2017 ($ trillions)
    • Rise in demand from automotive industry
      • Table Global car sales 2013-2016f (millions of units)
      • Table Automotive production 2015-2020 (millions of units)
  • Impact of drivers
    • Table Impact of drivers
  • Market challenges
    • Overcapacity of neoprene plants
      • Table Global capacity utilization rate of neoprene industry 2015-2020
    • Environmental concerns
    • Demand for green tires
    • Volatile crude oil prices
      • Table Europe Brent spot price freight on board 2010-2015 ($ per barrel)
  • Impact of drivers and challenges
    • Table Impact of drivers and challenges
  • Market trends
    • Use of sulfur-modified neoprene
    • During mastication, the viscosity is lowered.
    • Shift of production plants to APAC
  • Vendor landscape
    • Competitive scenario
      • Table Market share by production capacity 2015
    • Neoprene target markets
    • Global production base
      • Table Global neoprene market: Production base by region
    • Value chain
    • Porter's generic strategy
      • Table Porter's generic strategy
    • Competitive advantage for vendors in the market
      • Table Anticipated competitive advantage during forecast period
    • Key market vendors
      • Table Key market vendors 2015
    • Other prominent vendors
    • Chongqing Changshou Chemical
      • Table Chongqing Changshou Chemical: Product segmentation
    • Denka
      • Table Denka: Business segmentation by revenue 2015
      • Table Denka: Business segmentation by revenue 2014 and 2015
    • LANXESS
      • Table LANXESS: Business segmentation by revenue 2015
      • Table LANXESS: Business segmentation by revenue 2014 and 2015 ($ billions)
    • Shanxi Synthetic Rubber Group
      • Table Shanxi Synthetic Rubber Group: Product segmentation
    • Tosoh
      • Table Tosoh: Business segmentation by revenue 2015
      • Table Tosoh: Geographical segmentation by revenue 2015
  • Appendix
    • List of abbreviations
  • Explore Technavio

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