Neoprene Rubber Market Demand is Increasing Rapidly in Recent Years

Neoprene Rubber Market Demand is Increasing Rapidly
in Recent Years
May 2017
Report Id : REP-GB-3476
Status : Ongoing
Category : Chemicals and Materials
©2015 Future Market Insights, All Rights Reserved
About
Future Market Insights
Future Market Insights (FMI) is a premier provider of syndicated research reports, custom
research reports, and consulting services. We deliver a complete packaged solution, which
combines current market intelligence, statistical anecdotes, technology inputs, valuable growth
insights, aerial view of the competitive framework, and future market trends.
We provide research services at a global as well as regional level; key regions include GCC,
ASEAN, and BRIC.
Our offerings cover a broad spectrum of industries including Chemicals, Materials, Energy,
Technology, Healthcare, and Retail.
We have a global presence with delivery centers across India specializing in providing global
research reports and country research reports. FMI is headquartered out of London, U.K., with a
state-of-the-art delivery center located in Pune, India. We combine our knowledge and learning
from every corner of the world to distill it to one thing – the perfect solution for our client.
Research Capabilities




Customized
Research
Syndicated
Research
Investment
Research
Social Media
Research
Customized Research
Syndicated Research
Investment Research
Social Media Research
Sector Coverage




Automotive and Transportation
Electronics, Semiconductor, and ICT
Retail and Consumer Products
Industrial Automation and Equipment




Chemicals & Materials
Food and Beverages
Services and Utilities
Energy, Mining, Oil, and Gas
Subscription Information
For detailed subscription information please contact
Hari. T (Sr. Manager - Global Business Development)
T: +44 (0) 20 7692 8790 | D: +44 20 3287 4268
Email: [email protected]
©2015 Future Market Insights, All Rights Reserved
2
Research Methodology (1/2)
Systematic Research Approach
1
Market profiling
2
Formulating discussion guide
3
Developing list of respondents
4
In-depth secondary research is used to
ascertain overall market size, top
industry players, top products, industry
associations, etc.
PMR formulates a detailed discussion
guide to conduct expert and industry
interviews
PMR develops a list of industry players
(manufacturers), distributors, retailers
and industry experts
Data collection
PMR conducts interviews with industry
experts, industry players, distributors
and retailers
Data validation
Data is validated by triangulation
method, wherein secondary, primary
and PMR analysis contribute to the final
data
5
6
Data analysis
Insights
7
Data is scrutinized using MS-Excel to
obtain qualitative and quantitative
insights about the industry
PMR delivers industry insights and
information in the required format
(PDF)
Data
Collection




Research &
Intelligence
Data Filter
& Analysis
Identifying key opinion leaders
Questionnaire design
In-depth interviews
Coverage across value chain
Actionable
Insights
A
Primary
Research






B
SOLUTION





Market participants
Key strengths
Product portfolio
Mapping as per value chain
Key focus segments
Primary Research #




Linkedin
Zoominfo
Salesforce
Avention
Business
Solution
Desk
Research
C
Key industry experts
Channel study
Developments
Market dynamics
Products
Conclusions
Company
Analysis
Secondary Research #




Company websites
Company annual
reports
White papers
Financial reports
Paid Publications#




Factiva
GBI
Genios
Meltwater
# includes sources of databases
©2015 Future Market Insights, All Rights Reserved
3
Neoprene Rubber Market
Over a couple of decades, the global economy has witnessed rapid growth in the rubber industry, due to
highly innovative and constantly growing products. The rubber industry is among the ever growing
industries across the globe, owing to the significant properties of rubber. Rubber has low thermal
conductivity and is useful in reducing heat transfer, it can reduce noise and vibration, and acts as an
insulator, along with these advantage it provides excellent resistance to oil, chemical and heat and is used
in a wide range of applications. It also offers high ultra violet and ozone resistance. Various types of
rubbers are used for various applications in industries as well as for domestic purposes, each rubber type
possesses some distinctive desirable properties, which increase its demand in the market. Among all
types, neoprene rubber exhibits excellent properties that give it an edge over other rubber types.
Neoprene is usually known as polychloroprene, because it can be produced by polymerization of
chloroprene, which belongs to the synthetic rubber group. Neoprene rubber is soft, flexible and durable.
It is a synthetic spongy rubber that possesses various unique characteristics, such as water and weather
resistance, and thermal and moisture insulation; additionally, it is light weight, and latex free. Neoprene
rubber is extensively used in gaskets, pads, bumpers, conveyor belts, insulators, and many more.
Neoprene rubber is capable of dampening shock and vibrations in vertical, as well as lateral positions.
Neoprene Rubber Market: Dynamics
The global neoprene rubber market is significantly expected to drive demand for the global rubber
market between 2016 and 2026. Sustainable production and environmental capability are expected to
drive the demand for neoprene rubber.
©2015 Future Market Insights, All Rights Reserved
4
Neoprene Rubber Market
There are other factors expected to boost demand for the market over the forecast period, such as
sophisticated technological development, high requirement of functionality and safety. Manufacturers
have a significant opportunity to invest in the neoprene rubber business to capture maximum profit.
Regulations pertaining to the use of neoprene rubber in various applications across the globe, and
availability of raw material in specified timeframe are the major factors estimated to restrict growth of
the neoprene rubber market. Manufacturers are leaning towards increasing mergers and acquisitions and
product development, which are expected to be new trends in the global neoprene rubber market. On
the basis of geographical regions, high consumption of neoprene rubber is expected to translate to
significant demand in Asia Pacific. The region is expected to create a benchmark for all other regions by
growing with a healthy CAGR over the forecast period.
Request For [email protected] http://www.futuremarketinsights.com/reports/sample/rep-gb-3476
Neoprene Rubber Market: Segmentation
On the basis of product types, the neoprene rubber market can be segmented as follows:
• Neoprene Rubber Pad
• Neoprene Rubber Sheet
• Others
©2015 Future Market Insights, All Rights Reserved
5
Neoprene Rubber Market
On the basis of application, the neoprene rubber market can be segmented as follows:
• Automotive & Aerospace
• Wire & Cables
•
Electronics
• Construction
• Others
Request For [email protected] http://www.futuremarketinsights.com/toc/rep-gb-3476
Neoprene Rubber Market: Regional Outlook
Globally, the market for neoprene rubber is expected to grow at a healthy CAGR during the forecast
period. North America and Europe have high standards of living with luxurious lifestyles, and high
disposable incomes, and thus can afford using high quality products manufactured with the use of
neoprene rubber. Economies in the APEJ region, especially India and China, will play a significant role in
the growth of the neoprene rubber market over the forecast period.
©2015 Future Market Insights, All Rights Reserved
6
Neoprene Rubber Market
Globally, the Indian rubber industry stands fourth in terms of rubber production and second in terms of
rubber consumption, which denotes significant potential for key players in the neoprene rubber market.
Attributing to the increasing adoption of sustainable technology in production globally, the neoprene
rubber market is projected to grow at a significantly high CAGR during the forecast period. Furthermore,
new technologies and inventions in neoprene rubber will foster growth in the global market.
Neoprene Rubber Market: Market Participants
Examples of some of the prominent market participants in the neoprene rubber market are as follows:
• Macro International Co.
• ACRO Industries
• Canada Rubber Group
Click here to
Order a free sample
• AJ Rubber & Sponge Ltd.
• Martin’s Rubber Company
©2015 Future Market Insights, All Rights Reserved
7
To know more about us, please visit our website:
www.futuremarketinsights.com
For sales queries or new topics email us on:
[email protected]
For media queries, contact the press office at
[email protected]
For other queries contact:
Hari. T (Sr. Manager - Global Business Development)
Future Market Insights: 3rd Floor,
207 Regent Street, London W1B 3HH
T: +44 20 7692 8790 | D: +44 20 3287 4268
Email: [email protected]
Thank You
Future Market Insights Global & Consulting Private Limited (FMI)
©2015 Future Market Insights, All Rights Reserved
8