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Global Chloroprene Rubber (CR) Market 2015-2019
The report discusses the following in-depth:
• Market Size and Forecast
• Market Segmentation
• Buying Criteria
• Vendor Landscape
• Business Segmentation
• Geographical Segmentation
For more information on theGlobal Chloroprene Rubber
(CR) Market 2015-2019,please mail us at
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Key Trends
Technavio’s Senior Analyst says, “The global CR market is driven by many factors. Robust growth in the automotive industry and the concomitant need for automotive components is one of the major drivers of the market. As CR has great mechanical quality, high ozone and weather resistance, low flammability, and great oil and fuel resistance, this has further expanded the scope of its application in the automotive industry.”
• Chloroprene rubber (CR) is an artificial polymer, which acts as an elastomer. Elastomers can experience significantly greater elastic deformation under anxiety and recovers its previous size without permanent deformation.
• Technavio forecasts the global chloroprene rubber market to grow at a CAGR of 5.89% and 6.36% on the basis of production and consumption, over the period 2014-2019.
• Understanding the key drivers influencing the market
• Understanding the challenges faced by the market
• Activities of various stakeholders involved
• Key focus areas for the vendors
• Major trends that will shape the future of this market
• Vendor landscape and trajectory of the market
• Conclusion
Scope of The Report
A detailed analysis of each market driver, challenge
and trend isavailable in our report:
Global Chloroprene Rubber (CR) Market 2015-2019
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Vendors
To understand the vendor landscape and
for a full list of vendors view our report:
Global Chloroprene Rubber (CR) Market 2015-2019
Asahi Kasei Chemicals
DuPont
Lanxess AG
The company has set up a catalyst laboratory, and a chemistry and chemical process laboratory in Okayama, Japan, and it also has a laboratory of plastics in Kanagava, Japan. It also has major affiliates and subsidiaries in the US, Belgium, Germany, Singapore, Thailand, Korea, Hong Kong, China, and Japan.
The company broadly has 13 businesses which are assimilated into eight reportable segments based on the similar economic characteristics such as nature of the products and production processes, end-use markets, channels of distribution, and regulatory environment.
Lanxess was founded in 2004, following a strategic realignment of Bayer Group’s chemical and plastics business. Today, the company is a leading specialty chemicals company. It is headquartered at Cologne, North Rhine-Westphalia, Germany.
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Market Landscape
• The market is expected to grow at a steady pace during the forecast period owing to the demand for CR in the automotive component manufacturing process.
• CR is the most widely used material among the various grades of rubber.
• CR products are extremely versatile. Various features of CR such as high elasticity and its resistance to heat, ozone, and solvents etc.
• make it one of the most popular synthetic rubbers.
• CR is widely used in hoses and belts for vehicles, in sheathing for electric wire, as an architectural rubber product, and in general industrial materials.
• Earlier, this grade of rubber was primarily used in sheathing for electric wire and adhesives, but it is now in high demand for a wide range of applications including industrial products and automotive components, especially in Asia.
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Key Buying Criteria
Parameter Details
Availability CR should be readily available.
Cost CR should be available at low cost.
Durability CR used in various applications should be durable.
Performance CR should deliver high performance.
• Growth Forecasts?
• Market Analysis?
• Revenue Forecasts?
• Regional and Country level Analysis?
• Competitive Structure?
• Emerging Trends?
• Vendor Landscape?
• Other?
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Global Chloroprene Rubber (CR) Market 2015-2019
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