Press release
Neoprene Market 2021 Size, Status and Global Outlook - Denka Corpration, Pidilite Industries Ltd, Shanxi-Nairit Synthetic Rubber Co Ltd
The Neoprene Market report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.The market for neoprene is expected to grow at a CAGR of more than 3.5% during the forecast period.
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Top Leading Companies of Neoprene Market are ARLANXEO, Chang Horing Rubber Co. Ltd, Chongqing Chemical & Pharmaceutical Changshou Chemical Group Co., Ltd., Denka Corpration, Pidilite Industries Ltd, Shanxi-Nairit Synthetic Rubber Co Ltd (China Bluestar National Group Co Ltd), TOSOH Corporation, Zenith Rubber and others.
Key Market Trends
Increasing Demand for Building and Construction
- The neoprene market is quite extensive, and is widely used in building and construction applications. The building and construction segment represents one of the fastest growing end-user industries in terms of consumption of neoprene. Neoprene provides demonstrated performance for a wide range of structural sealing and waterproofing applications. In building and construction, neoprene is majorly used in window gaskets, cable coverings, and roof waterproofing membranes, and exhibit excellent durability, waterproofing, and resilience properties.
- Neoprene is widely used for preventing roof leaks, protecting custom windows from winds and shocks, sealing floors of multi-story buildings, and sheathing bridge bearing pads and cables. The high flexibility of neoprene has made it a frequent choice for structural engineering projects, where custom parts are required with excellent weather-, water-, chemical- and fire-resistant properties.
Regional Outlook of Neoprene Market report includes the following geographic areas such as: North America, Europe, China, Japan, Southeast Asia, India and ROW.
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What Are The Market Factors That Are Explained In The Report?
Key Strategic Developments: The study also includes the key strategic developments of the market, comprising R&D, new product launch, M&A, agreements, collaborations, partnerships, joint ventures, and regional growth of the leading competitors operating in the market on a global and regional scale.
Analytical Tools: The Neoprene Market Report includes the accurately studied and assessed data of the key industry players and their scope in the market by means of a number of analytical tools. The analytical tools such as Porter’s five forces analysis, SWOT analysis, feasibility study, and investment return analysis have been used to analyze the growth of the key players operating in the market.
Key Market Features: The report evaluated key market features, including revenue, price, capacity, capacity utilization rate, gross, production, production rate, consumption, import/export, supply/demand, cost, market share, CAGR, and gross margin. In addition, the study offers a comprehensive study of the key market dynamics and their latest trends, along with pertinent market segments and sub-segments.
Customization of the Report: This report can be customized as per your needs for additional data up to 3 companies or countries or 40 analyst hours.
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MarketInsightsReports provides syndicated market research on industry verticals including Healthcare, Information and Communication Technology (ICT), Technology and Media, Chemicals, Materials, Energy, Heavy Industry, etc. MarketInsightsReports provides global and regional market intelligence coverage, a 360-degree market view which includes statistical forecasts, competitive landscape, detailed segmentation, key trends, and strategic recommendations.
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