The Polychloroprene Rubber Market is mainly driven by experiencing significant expansion due to a rise in demand from the rubber industry as raw material for adhesives and for many latex applications. The utilization of Polychloroprene rubber has increased owing to the increase in several manufacturing industries across the globe. Economic growth, increasing automotive output, and the emergence of manufacturing industries globally has led to the higher consumption of polychloroprene rubber during the forecast period.
The major players in the polychloroprene rubber market include DuPont Performance Elastomers, Asahi Kasei Chemicals Corporation, Lanxess AG, Zenith Industrial Rubber Products Pvt. Ltd., Showa Denko K.K., Shanxi Synthetic Rubber Group Co. Ltd., Chongqing Longevity Salt and Chemical Co. Ltd., Nairit Plant CJSC and Others..
Global Polychloroprene Rubber Market Segmentation
By Grade
- Industrial
- Pharmaceutical
By Application
- Gasket & Hoses
- Disposable Gloves
- Paint & Coatings
- Consumer Goods
- Rubber & Adhesives
- Others
The polychloroprene rubber market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa.
Source: https://www.valuemarketresearch.com/report/polychloroprene-rubber-market
Naira Shekhawat has been into Content Writing just after completing her Graduation in English Literature. Her love for words has won her many accolades in her respective jobs ever since. Naira covers business sections for VMR News. She is a traveller by heart and loves writing on food blogs as a freelancer.