Chloroprene Rubber(CR) Market
Chloroprene Rubber(CR) Market Scope: Industry
Analysis, Market Size, Growth, Trends Till 2031
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Chloroprene Rubber(CR) Market Size and Growth
The Chloroprene Rubber (CR) market is experiencing steady growth, driven by increasing demand from automotive, construction, and consumer goods sectors. The global market size is projected to reach approximately USD 2.5 billion by 2025, with a compound annual growth rate (CAGR) of around 4% due to escalating industrial applications and innovations.
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Companies Covered
(Covid 19 Impact Covered)
◍ Dopont
◍ Denki Kagaku Kogyo Kabushiki Kaisha
◍ Lanxess
◍ COG
◍ Tosoh Corporation
◍ Shanna Synthetic Rubber
◍ Changshou Chemical
◍ Shanxi Synthetic Rubber Group
◍ Pidilite
◍ Showa Denko K.K
◍ Nairit Plant
The Chloroprene Rubber (CR) market features key players like DuPont, Denki Kagaku, and Lanxess, leveraging CR for automotive, adhesives, and industrial applications. Their innovations enhance product performance, expanding market reach. Notable revenues include DuPont at $54 billion and Lanxess at $9 billion, contributing to market growth through strategic advancements.
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Market Segmentation
By Application
Solvent-based Adhesive
Latex Type Adhesive
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By Product
Adhesive
Industrial rubber Products
Others
Market Growth
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$ X Billion USD
