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PUBLISHER: Grand View Research | PRODUCT CODE: 1654301

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PUBLISHER: Grand View Research | PRODUCT CODE: 1654301

Chloroprene Rubber Market Size, Share & Trends Analysis Report By Application (Textile, Automotive, Electrical & Electronics, Construction), By Region (North America, Europe, Asia Pacific, Latin America, MEA), And Forecasts, 2025 - 2030

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Description

Table of Contents

List of Tables

Chloroprene Rubber Market Growth & Trends:

The global chloroprene rubber market size is expected to reach USD 1.58 billion by 2030, according to a new report by Grand View Research, Inc. The market is expected to grow at a CAGR of 6.0% from 2025 to 2030. Increasing adoption of chloroprene rubber in the automotive, electrical & electronics, construction, and textile industries is projected to fuel the market growth during the forecast period. It is widely used in tire sidewalls, automotive trims, gaskets, and related products owing to the rising demand for Electric Vehicles (EVs).

The growing requirement for electrical power is expected to drive the demand for electric cables for power transmission. This is expected to drive the product demand in cable jackets. The rising private & public investments in the construction sector focusing on the development of infrastructure projects across the globe remain critical to the product demand in construction applications. The product has a wide scope of application in the manufacture of rubber pads products due to the demand arising from the construction industry.

Major key players in the market are investing in expanding and developing chloroprene for end-use industries. For instance, in April 2021, ARLANXEO established ARLANXEO India Private Limited in India to strengthen its position in the Indian market to meet the needs of quickly expanding industries, such as pharmaceuticals, tires, automotive, and end-user products.

The demand for industrial products and chemicals in countries such as China, Japan, India, South Korea, and Thailand is expected to impact the consumption of chloroprene rubber used in these products. Many elastomer manufacturers are carrying out research and development activities to develop a vulcanization process for manufacturing chloroprene rubber to replace the existing smoked rubber suppression technique. One of the main advantages offered by the vulcanization process is the improvement in absorbent properties. This has helped position chloroprene rubber as a suitable material for manufacturing protective lining in chemical plants.

Chloroprene Rubber Market Report Highlights:

  • The automotive sector dominated the global chloroprene rubber industry and accounted for the largest revenue share of 37.1% in 2024.
  • The construction industry is expected to grow at a CAGR of 6.4% from 2025 to 2030, owing to its durability and weather resistance, making it suitable for a range of applications including seals, waterproof membranes, and bridge bearings.
  • Asia Pacific chloroprene rubber market dominated the global market and accounted for the largest revenue share of 54.8% in 2024.
  • The North America chloroprene rubber market is expected to grow significantly over the forecast period, owing to increasing demand from automotive and construction industries.
  • The chloroprene rubber market in the U.S. held the largest revenue share in 2024 within the North American market, primarily driven by the rising demand from the automotive and construction sectors.
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Product Code: GVR-4-68039-554-2

Table of Contents

Chapter 1. Methodology and Scope

  • 1.1. Market Segmentation & Scope
  • 1.2. Market Definition
  • 1.3. Information Procurement
    • 1.3.1. Purchased Database
    • 1.3.2. GVR's Internal Database
    • 1.3.3. Secondary Sources & Third-Party Perspectives
    • 1.3.4. Primary Research
  • 1.4. Information Analysis
    • 1.4.1. Data Analysis Models
  • 1.5. Market Formulation & Data Visualization
  • 1.6. Data Validation & Publishing

Chapter 2. Executive Summary

  • 2.1. Market Insights
  • 2.2. Segmental Outlook
  • 2.3. Competitive Outlook

Chapter 3. Chloroprene Rubber Market Variables, Trends & Scope

  • 3.1. Global Chloroprene Rubber Market Outlook
  • 3.2. Industry Value Chain Analysis
  • 3.3. Average Price Trend Analysis
  • 3.4. Supply-Demand Gap Analysis, 2024
  • 3.5. Regulatory Framework
  • 3.6. Market Dynamics
    • 3.6.1. Market Driver Analysis
    • 3.6.2. Market Restraint Analysis
    • 3.6.3. Industry Challenges
  • 3.7. Porter's Five Forces Analysis
    • 3.7.1. Supplier Power
    • 3.7.2. Buyer Power
    • 3.7.3. Substitution Threat
    • 3.7.4. Threat from New Entrant
    • 3.7.5. Competitive Rivalry
  • 3.8. PESTEL Analysis
    • 3.8.1. Political Landscape
    • 3.8.2. Economic Landscape
    • 3.8.3. Social Landscape
    • 3.8.4. Technological Landscape
    • 3.8.5. Environmental Landscape
    • 3.8.6. Legal Landscape

Chapter 4. Chloroprene Rubber Market: Application Outlook Estimates & Forecasts

  • 4.1. Chloroprene Rubber Market: Application Movement Analysis, 2024 & 2030
    • 4.1.1. Automotive
      • 4.1.1.1. Market Estimates and Forecast, 2018 - 2030 (Kilotons) (USD Million)
    • 4.1.2. Electrical & Electronics
      • 4.1.2.1. Market Estimates and Forecast, 2018 - 2030 (Kilotons) (USD Million)
    • 4.1.3. Construction
      • 4.1.3.1. Market Estimates and Forecast, 2018 - 2030 (Kilotons) (USD Million)
    • 4.1.4. Textile
      • 4.1.4.1. Market Estimates and Forecast, 2018 - 2030 (Kilotons) (USD Million)
    • 4.1.5. Others
      • 4.1.5.1. Market Estimates and Forecast, 2018 - 2030 (Kilotons) (USD Million)

Chapter 5. Chloroprene Rubber Market Regional Outlook Estimates & Forecasts

  • 5.1. Regional Snapshot
  • 5.2. Chloroprene Rubber Market: Regional Movement Analysis, 2024 & 2030
  • 5.3. North America
    • 5.3.1. Market Estimates and Forecast, 2018 - 2030 (Kilotons) (USD Million)
    • 5.3.2. Market Estimates and Forecast, By Application, 2018 - 2030 (Kilotons) (USD Million)
    • 5.3.3. U.S.
      • 5.3.3.1. Market Estimates and Forecast, 2018 - 2030 (Kilotons) (USD Million)
      • 5.3.3.2. Market Estimates and Forecast, By Application, 2018 - 2030 (Kilotons) (USD Million)
  • 5.4. Europe
    • 5.4.1. Market Estimates and Forecast, 2018 - 2030 (Kilotons) (USD Million)
    • 5.4.2. Market Estimates and Forecast, By Application, 2018 - 2030 (Kilotons) (USD Million)
    • 5.4.3. Germany
      • 5.4.3.1. Market Estimates and Forecast, 2018 - 2030 (Kilotons) (USD Million)
      • 5.4.3.2. Market Estimates and Forecast, By Application, 2018 - 2030 (Kilotons) (USD Million)
  • 5.5. Asia Pacific
    • 5.5.1. Market Estimates and Forecast, 2018 - 2030 (Kilotons) (USD Million)
    • 5.5.2. Market Estimates and Forecast, By Application, 2018 - 2030 (Kilotons) (USD Million)
    • 5.5.3. China
      • 5.5.3.1. Market Estimates and Forecast, 2018 - 2030 (Kilotons) (USD Million)
      • 5.5.3.2. Market Estimates and Forecast, By Application, 2018 - 2030 (Kilotons) (USD Million)
    • 5.5.4. Japan
      • 5.5.4.1. Market Estimates and Forecast, 2018 - 2030 (Kilotons) (USD Million)
      • 5.5.4.2. Market Estimates and Forecast, By Application, 2018 - 2030 (Kilotons) (USD Million)
    • 5.5.5. India
      • 5.5.5.1. Market Estimates and Forecast, 2018 - 2030 (Kilotons) (USD Million)
      • 5.5.5.2. Market Estimates and Forecast, By Application, 2018 - 2030 (Kilotons) (USD Million)
  • 5.6. Latin America
    • 5.6.1. Market Estimates and Forecast, 2018 - 2030 (Kilotons) (USD Million)
    • 5.6.2. Market Estimates and Forecast, By Application, 2018 - 2030 (Kilotons) (USD Million)
  • 5.7. Middle East & Africa
    • 5.7.1. Market Estimates and Forecast, 2018 - 2030 (Kilotons) (USD Million)
    • 5.7.2. Market Estimates and Forecast, By Application, 2018 - 2030 (Kilotons) (USD Million)

Chapter 6. Competitive Landscape

  • 6.1. Recent Developments & Impact Analysis, By Key Market Participants
  • 6.2. Vendor Landscape
    • 6.2.1. Company Categorization
    • 6.2.2. List of Key Distributors and Channel Partners
    • 6.2.3. List of Potential Customers/End Users
  • 6.3. Competitive Dynamics
    • 6.3.1. Competitive Benchmarking
    • 6.3.2. Strategy Mapping
    • 6.3.3. Heat Map Analysis
  • 6.4. Company Profiles/Listing
    • 6.4.1. DuPont Performance Elastomers
      • 6.4.1.1. Participant's Overview
      • 6.4.1.2. Financial Performance
      • 6.4.1.3. Product Benchmarking
      • 6.4.1.4. Strategic Initiatives
    • 6.4.2. Showa Denko K.K.
      • 6.4.2.1. Participant's Overview
      • 6.4.2.2. Financial Performance
      • 6.4.2.3. Product Benchmarking
      • 6.4.2.4. Strategic Initiatives
    • 6.4.3. Denka Group
      • 6.4.3.1. Participant's Overview
      • 6.4.3.2. Financial Performance
      • 6.4.3.3. Product Benchmarking
      • 6.4.3.4. Strategic Initiatives
    • 6.4.4. Shanxi Synthetic Rubber Group Co. Ltd.
      • 6.4.4.1. Participant's Overview
      • 6.4.4.2. Financial Performance
      • 6.4.4.3. Product Benchmarking
      • 6.4.4.4. Strategic Initiatives
    • 6.4.5. Chongqing Longevity Salt and Chemical Co. Ltd.
      • 6.4.5.1. Participant's Overview
      • 6.4.5.2. Financial Performance
      • 6.4.5.3. Product Benchmarking
      • 6.4.5.4. Strategic Initiatives
    • 6.4.6. Lanxess AG
      • 6.4.6.1. Participant's Overview
      • 6.4.6.2. Financial Performance
      • 6.4.6.3. Product Benchmarking
      • 6.4.6.4. Strategic Initiatives
    • 6.4.7. Tosoh Corporation
      • 6.4.7.1. Participant's Overview
      • 6.4.7.2. Financial Performance
      • 6.4.7.3. Product Benchmarking
      • 6.4.7.4. Strategic Initiatives
    • 6.4.8. Nairit Plant CJSC
      • 6.4.8.1. Participant's Overview
      • 6.4.8.2. Financial Performance
      • 6.4.8.3. Product Benchmarking
      • 6.4.8.4. Strategic Initiatives
    • 6.4.9. Zenith Industrial Rubber Products Pvt. Ltd.
      • 6.4.9.1. Participant's Overview
      • 6.4.9.2. Financial Performance
      • 6.4.9.3. Product Benchmarking
      • 6.4.9.4. Strategic Initiatives
    • 6.4.10. Asahi Kasei Chemicals Corporation
      • 6.4.10.1. Participant's Overview
      • 6.4.10.2. Financial Performance
      • 6.4.10.3. Product Benchmarking
      • 6.4.10.4. Strategic Initiatives
    • 6.4.11. Dow Chemical Company.
      • 6.4.11.1. Participant's Overview
      • 6.4.11.2. Financial Performance
      • 6.4.11.3. Product Benchmarking
      • 6.4.11.4. Strategic Initiatives
    • 6.4.12. ARLANXEO
      • 6.4.12.1. Participant's Overview
      • 6.4.12.2. Financial Performance
      • 6.4.12.3. Product Benchmarking
      • 6.4.12.4. Strategic Initiatives
    • 6.4.13. SEDO Chemicals Neoprene GmbH
      • 6.4.13.1. Participant's Overview
      • 6.4.13.2. Financial Performance
      • 6.4.13.3. Product Benchmarking
      • 6.4.13.4. Strategic Initiatives
    • 6.4.14. Qingdao Nova Rubber
      • 6.4.14.1. Participant's Overview
      • 6.4.14.2. Financial Performance
      • 6.4.14.3. Product Benchmarking
      • 6.4.14.4. Strategic Initiatives
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Product Code: GVR-4-68039-554-2

List of Tables

  • Table 1 List of Abbreviations
  • Table 2 Chloroprene Rubber Market Estimates and Forecasts, By Application, 2018 - 2030 (Kilotons) (USD Million)
  • Table 3 Chloroprene Rubber Market Estimates and Forecasts, By Region, 2018 - 2030 (Kilotons) (USD Million)
  • Table 4 North America Chloroprene Rubber Market Estimates and Forecasts, By Country, 2018 - 2030 (Kilotons) (USD Million)
  • Table 5 North America Chloroprene Rubber Market Estimates and Forecasts, By Application, 2018 - 2030 (Kilotons) (USD Million)
  • Table 6 U.S Chloroprene Rubber Market Estimates and Forecasts, By Application, 2018 - 2030 (Kilotons) (USD Million)
  • Table 7 Europe Chloroprene Rubber Market Estimates and Forecasts, By Country, 2018 - 2030 (Kilotons) (USD Million)
  • Table 8 Europe Chloroprene Rubber Market Estimates and Forecasts, By Application, 2018 - 2030 (Kilotons) (USD Million)
  • Table 9 Germany Chloroprene Rubber Market Estimates and Forecasts, By Application, 2018 - 2030 (Kilotons) (USD Million)
  • Table 10 Asia Pacific Chloroprene Rubber Market Estimates and Forecasts, By Country, 2018 - 2030 (Kilotons) (USD Million)
  • Table 11 Asia Pacific Chloroprene Rubber Market Estimates and Forecasts, By Application, 2018 - 2030 (Kilotons) (USD Million)
  • Table 12 China Chloroprene Rubber Market Estimates and Forecasts, By Application, 2018 - 2030 (Kilotons) (USD Million)
  • Table 13 Japan Chloroprene Rubber Market Estimates and Forecasts, By Application, 2018 - 2030 (Kilotons) (USD Million)
  • Table 14 India Chloroprene Rubber Market Estimates and Forecasts, By Application, 2018 - 2030 (Kilotons) (USD Million)
  • Table 15 Latin America Chloroprene Rubber Market Estimates and Forecasts, By Country, 2018 - 2030 (Kilotons) (USD Million)
  • Table 16 Latin America Chloroprene Rubber Market Estimates and Forecasts, By Application, 2018 - 2030 (Kilotons) (USD Million)
  • Table 17 Middle East & Africa Chloroprene Rubber Market Estimates and Forecasts, By Country, 2018 - 2030 (Kilotons) (USD Million)
  • Table 18 Middle East & Africa Chloroprene Rubber Market Estimates and Forecasts, By Application, 2018 - 2030 (Kilotons) (USD Million)

List of Figures

  • Fig. 1 Market Segmentation
  • Fig. 2 Information Procurement
  • Fig. 3 Data Analysis Models
  • Fig. 4 Market Formulation and Validation
  • Fig. 5 Market Snapshot
  • Fig. 6 Segmental Outlook- Application, and Region
  • Fig. 7 Competitive Outlook
  • Fig. 8 Value Chain Analysis
  • Fig. 9 Market Dynamics
  • Fig. 10 Porter's Analysis
  • Fig. 11 PESTEL analysis
  • Fig. 12 Chloroprene Rubber Market, By Application: Key Takeaways
  • Fig. 13 Chloroprene Rubber Market, By Application: Market Share, 2024 & 2030
  • Fig. 14 Automotive Market, 2018 - 2030 (Kilotons) (USD Million)
  • Fig. 15 Electrical & Electronics Market, 2018 - 2030 (Kilotons) (USD Million)
  • Fig. 16 Construction Market, 2018 - 2030 (Kilotons) (USD Million)
  • Fig. 17 Textile Market, 2018 - 2030 (Kilotons) (USD Million)
  • Fig. 18 Others Market, 2018 - 2030 (Kilotons) (USD Million)
  • Fig. 19 Chloroprene Rubber Market, By Region: Key Takeaways
  • Fig. 20 Chloroprene Rubber Market, By Region: Market Share, 2024 & 2030
  • Fig. 21 North America Chloroprene Rubber Market, 2018 - 2030 (Kilotons) (USD Million)
  • Fig. 22 U.S Chloroprene Rubber Market, 2018 - 2030 (Kilotons) (USD Million)
  • Fig. 23 Europe Chloroprene Rubber Market, 2018 - 2030 (Kilotons) (USD Million)
  • Fig. 24 Germany Chloroprene Rubber Market, 2018 - 2030 (Kilotons) (USD Million)
  • Fig. 25 Asia Pacific Chloroprene Rubber Market, 2018 - 2030 (Kilotons) (USD Million)
  • Fig. 26 China Chloroprene Rubber Market, 2018 - 2030 (Kilotons) (USD Million)
  • Fig. 27 Japan Chloroprene Rubber Market, 2018 - 2030 (Kilotons) (USD Million)
  • Fig. 28 India Chloroprene Rubber Market, 2018 - 2030 (Kilotons) (USD Million)
  • Fig. 29 Latin America Chloroprene Rubber Market, 2018 - 2030 (Kilotons) (USD Million)
  • Fig. 30 Middle East and Africa Chloroprene Rubber Market, 2018 - 2030 (Kilotons) (USD Million)
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