Chloroprene Rubber Global Market Report 2026

Chloroprene rubber, also known as Neoprene, is a synthetic rubber produced by polymerizing chloroprene (2-chloro-1,3-butadiene). It is renowned for its durability, flexibility, and resistance to various environmental factors such as heat, oil, chemicals, and weathering. These characteristics make chloroprene rubber suitable for a range of industrial and consumer applications.

The primary methods for producing chloroprene rubber are the acetylene method and the butadiene method. The acetylene method involves polymerizing acetylene-derived monomers and is often used for applications that require high resistance to oil, heat, and chemicals. Chloroprene rubber is available in different grades, including linear, cross-linked, sulfur-modified, and crystallization-resistant. It is utilized in applications such as coatings and adhesives, wires and cables, hoses and tubes, among others. Chloroprene rubber is extensively used in various end-use industries, including automotive, construction, furniture, electronics, textiles, and more.

Note that the outlook for this market is being affected by rapid changes in trade relations and tariffs globally. The report will be updated prior to delivery to reflect the latest status, including revised forecasts and quantified impact analysis. The report's Recommendations and Conclusions sections will be updated to give strategies for entities dealing with the fast-moving international environment.

Tariffs are impacting the chloroprene rubber market by increasing costs of imported chloroprene monomers, processing chemicals, and specialized additives required for high-performance rubber grades. Automotive, construction, and electronics sectors in North America and Europe are most affected due to reliance on imported raw materials, while Asia-Pacific faces cost pressure on rubber exports. These tariffs are raising production costs and affecting supply consistency. However, they are also promoting regional raw material sourcing, domestic rubber manufacturing expansion, and innovation in alternative elastomer technologies.

The chloroprene rubber market research report is one of a series of new reports from The Business Research Company that provides chloroprene rubber market statistics, including chloroprene rubber industry global market size, regional shares, competitors with a chloroprene rubber market share, detailed chloroprene rubber market segments, market trends and opportunities, and any further data you may need to thrive in the chloroprene rubber industry. This chloroprene rubber market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

The chloroprene rubber market size has grown rapidly in recent years. It will grow from $1.74 billion in 2025 to $1.93 billion in 2026 at a compound annual growth rate (CAGR) of 11.0%. The growth in the historic period can be attributed to expansion of automotive manufacturing activities, rising demand for industrial rubber components, growth in electrical and electronics production, increased use of synthetic rubber in construction, availability of chloroprene monomers.

The chloroprene rubber market size is expected to see rapid growth in the next few years. It will grow to $2.9 billion in 2030 at a compound annual growth rate (CAGR) of 10.7%. The growth in the forecast period can be attributed to increasing demand from electric vehicle components, rising focus on high-durability elastomers, expansion of infrastructure development projects, growing use in renewable energy installations, increasing investments in specialty rubber formulations. Major trends in the forecast period include increasing use in automotive hoses and seals, rising demand for oil and chemical resistant rubber, growing adoption in wire and cable insulation, expansion of adhesive and coating applications, enhanced focus on weather-resistant rubber grades.

The growth in the construction sector is expected to drive the chloroprene rubber market in the coming years. The construction sector encompasses the planning, designing, and building of infrastructure, including residential, commercial, and industrial structures, as well as roads, bridges, and other public works. Expansion in this sector is fueled by rising population and urbanization, increased government infrastructure spending, economic development, technological advancements in construction methods, and an increased focus on sustainable and green building practices. Chloroprene rubber, commonly known as Neoprene, is extensively used in construction for its durability, flexibility, and resistance to environmental factors. Its resistance to aging, chemicals, and extreme temperatures makes it a valuable material for numerous applications, enhancing the longevity and reliability of building structures. For instance, in August 2024, according to a report by the US Census Bureau, the value of construction operations for residential projects in the US rose from $875,539 million in June 2023 to $939,806 million in June 2024. Consequently, the growth in the construction sector is expected to bolster the chloroprene rubber market.

The chloroprene rubber market is also witnessing a trend toward the development of high-performance elastomers for improved durability and resistance in industrial applications. Advanced elastomers are polymer materials that can undergo significant deformation under stress-such as stretching, compressing, or bending-and return to their original shape once the stress is removed. For example, in June 2023, Denka Company Limited, a Japan-based chemical company, in collaboration with ChemSpec Ltd., a specialty polymer distributor, launched Evolmer for the US market. Evolmer is a copolymer of chloroprene and acrylonitrile (NCR) that combines the resilience and environmental resistance of traditional chloroprene rubber with enhanced mechanical properties. These elastomers provide improved oil and ozone resistance, superior dynamic performance, good abrasion resistance, and lower heat build-up under stress, extending service life and maintaining performance stability in demanding applications such as automotive components, industrial hoses and tubes, sealants, and machinery parts.

In June 2023, ChemSpec Ltd., a UK-based specialty polymer and chemical additive distributor, partnered with Denka Company Limited to launch the Evolmer product line in the United States. The partnership focuses on offering a copolymer of chloroprene and acrylonitrile (NCR) with enhanced performance compared to traditional chloroprene rubber. Denka Company Limited is a Japan-based chemical company specializing in rubber-based adhesives.

Major companies operating in the chloroprene rubber market are Sinopec Group, SABIC, Goodyear Chemical, Mitsui Chemicals Inc., Freudenberg Group, Resonac Holdings Corporation, Celanese Corporation, Avery Dennison Corporation, LANXESS AG, Tosoh Corporation, ContiTech Deutschland GmbH, Toyoda Gosei Co. Ltd., Kumho Petrochemical, Hutchinson SA, Trelleborg AB, Denka Company Limited, Cooper-Standard Holdings Inc., Zeon Corporation, ARLANXEO, Pidilite Industries Ltd., Zenith Industrial Rubber Products Pvt. Ltd.

Asia-Pacific was the largest region in the chloroprene rubber market in 2025. The regions covered in the chloroprene rubber market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

The countries covered in the chloroprene rubber market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The chloroprene rubber market consists of sales of automotive seals, gaskets, belts, and wetsuits. Values in this market are 'factory gate' values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

Chloroprene Rubber Market Global Report 2026 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.

This report focuses chloroprene rubber market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.

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Where is the largest and fastest growing market for chloroprene rubber ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward, including technological disruption, regulatory shifts, and changing consumer preferences? The chloroprene rubber market global report from the Business Research Company answers all these questions and many more.

The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, total addressable market (TAM), market attractiveness score (MAS), competitive landscape, market shares, company scoring matrix, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.

• The market characteristics section of the report defines and explains the market. This section also examines key products and services offered in the market, evaluates brand-level differentiation, compares product features, and highlights major innovation and product development trends.
• The supply chain analysis section provides an overview of the entire value chain, including key raw materials, resources, and supplier analysis. It also provides a list competitor at each level of the supply chain.
• The updated trends and strategies section analyses the shape of the market as it evolves and highlights emerging technology trends such as digital transformation, automation, sustainability initiatives, and AI-driven innovation. It suggests how companies can leverage these advancements to strengthen their market position and achieve competitive differentiation.
• The regulatory and investment landscape section provides an overview of the key regulatory frameworks, regularity bodies, associations, and government policies influencing the market. It also examines major investment flows, incentives, and funding trends shaping industry growth and innovation.
• The market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
• The forecasts are made after considering the major factors currently impacting the market. These include the technological advancements such as AI and automation, Russia-Ukraine war, trade tariffs (government-imposed import/export duties), elevated inflation and interest rates.
• The total addressable market (TAM) analysis section defines and estimates the market potential compares it with the current market size, and provides strategic insights and growth opportunities based on this evaluation.
• The market attractiveness scoring section evaluates the market based on a quantitative scoring framework that considers growth potential, competitive dynamics, strategic fit, and risk profile. It also provides interpretive insights and strategic implications for decision-makers.
• Market segmentations break down the market into sub markets.
• The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth.
• Expanded geographical coverage includes Taiwan and Southeast Asia, reflecting recent supply chain realignments and manufacturing shifts in the region. This section analyzes how these markets are becoming increasingly important hubs in the global value chain.
• The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
• The company scoring matrix section evaluates and ranks leading companies based on a multi-parameter framework that includes market share or revenues, product innovation, and brand recognition.

Scope

• Markets Covered:1) By Type: Acetylene Method; Butadiene Method
• 2) By Grade: Linear; Cross-Linked; Sulfur Modified; Crystallizing Resistant; Other Grades
• 3) By Application: Coating And Adhesives; Wires And Cables; Hoses And Tubes; Other Applications
• 4) By End-Use Industry: Automotive; Construction; Furniture; Electronics; Textile; Other End User Industries
• Subsegments:
• 1) By Acetylene Method: Standard Chloroprene Rubber (CR) Via Acetylene; High-Performance Chloroprene Rubber (CR) Via Acetylene; Specialty-Grade Chloroprene Rubber (CR) Via Acetylene
• 2) By Butadiene Method: Standard Chloroprene Rubber (CR) Via Butadiene; High-Performance Chloroprene Rubber (CR) Via Butadiene; Specialty-Grade Chloroprene Rubber (CR) Via Butadiene
• Companies Mentioned: Sinopec Group; SABIC; Goodyear Chemical; Mitsui Chemicals Inc.; Freudenberg Group; Resonac Holdings Corporation; Celanese Corporation; Avery Dennison Corporation; LANXESS AG; Tosoh Corporation; ContiTech Deutschland GmbH; Toyoda Gosei Co. Ltd.; Kumho Petrochemical; Hutchinson SA; Trelleborg AB; Denka Company Limited; Cooper-Standard Holdings Inc.; Zeon Corporation; ARLANXEO; Pidilite Industries Ltd.; Zenith Industrial Rubber Products Pvt. Ltd.
• Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Taiwan; Russia; South Korea; UK; USA; Canada; Italy; Spain.
• Regions: Asia-Pacific; South East Asia; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
• Time Series: Five years historic and ten years forecast.
• Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita,
• Data Segmentations: country and regional historic and forecast data, market share of competitors, market segments.
• Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
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