Established Applications Sustain Growth in the Global Chloroprene Rubber Market
Sustained demand from major end-use applications specifically in automotive components, adhesives and industrial rubbers is poised to drive the global Chloroprene Rubber market to reach 370.7 thousand metric tons by 2024 . Chloroprene rubber or polychloroprene rubber or neoprene is a synthetic rubber that is produced through chloroprene’s polymerization. While elastomers such as rubber are characterized by their rigid yet soft feature, they are difficult to be reprocessed or recycled as processing leads to rubbers becoming crosslinked whereby they cannot be re-molded or softened through heating process. Chloroprene rubber is however an exception as it can be recycled easily, thus lowering the amount of waste and scrap being generated. CR also exhibits better resistance to solvents and oils compared to synthetic rubbers and natural rubber. The material also exhibits superior resistance to adverse impact of aging, sunlight and oxidation. Polychloroprene rubber is primarily used in ...