Europe Neoprene Market Size, Report, and Forecast

Europe Neoprene Market Report by Manufacturing Route (Butadiene Route, Acetylene Route), Grade (General-Purpose Grade Neoprene, Pre-Crosslinked Grade Neoprene, Sulfer-Modified Grade Neoprene, Slow Crystallizing Grade Neoprene), Application (Technical Rubber, Adhesives Industry, Latex Industry), End User (Automotive, Manufacturing, Consumer Goods, Medical), and Country 2024-2032

Report Format: PDF+Excel | Report ID: SR112025A2981

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Market Overview:

The Europe neoprene market size reached US$ 360.4 Million in 2023. Looking forward, IMARC Group expects the market to reach US$ 426.6 Million by 2032, exhibiting a growth rate (CAGR) of 1.83% during 2024-2032.

Report Attribute	Key Statistics
Base Year	2023
Forecast Years	2024-2032
Historical Years	2018-2023
Market Size in 2023	US$ 360.4 Million
Market Forecast in 2032	US$ 426.6 Million
Market Growth Rate (2024-2032)	1.83%

Neoprene is a synthetic polymer produced by the radical polymerization of chloroprene. It offers high tensile strength and prevents degradation from damage caused by the sun, ozone and weather. Moreover, it exhibits remarkable chemical stability, maintains flexibility, and can tolerate temperatures up to 250 degrees Fahrenheit. Consequently, it is used as a substitute for natural latex rubber.

The market growth can be primarily attributed to the extensive utilization of neoprene in the manufacturing and automotive industries across Europe. Apart from this, as it resists physical damages to twisting and flexing, its demand is escalating in the region. Furthermore, the increasing population, along with the strong economy, are also positively influencing the growth of the neoprene market. However, the sudden coronavirus disease outbreak (COVID-19) and lockdowns imposed in different countries of the region have temporarily impacted the production of neoprene across various manufacturing units. This can also be accredited to hindrances caused in international trade on account of the pandemic. The market is anticipated to experience an increase in sales once lockdown relaxations are introduced by governing agencies.

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each segment of the Europe neoprene market report, along with forecasts at the regional and country levels from 2024-2032. Our report has categorized the market based on manufacturing route, grade, application and end user.

Breakup by Manufacturing Route:

Butadiene Route
Acetylene Route

Breakup by Grade:

General-Purpose Grade Neoprene
Pre-Crosslinked Grade Neoprene
Sulfer-Modified Grade Neoprene
Slow Crystallizing Grade Neoprene

Breakup by Application:

Technical Rubber
Adhesives Industry
Latex Industry

Breakup by End User:

Automotive
Manufacturing
Consumer Goods
Medical

Breakup by Country:

Germany
France
United Kingdom
Italy
Spain
Others

Competitive Landscape:

The competitive landscape of the industry has also been examined along with the profiles of the key players.

Report Coverage:

Report Features	Details
Base Year of the Analysis	2023
Historical Period	2018-2023
Forecast Period	2024-2032
Units	US$ Million
Scope of the Report	Exploration of Historical and Forecast Trends, Industry Catalysts and Challenges, Segment-Wise Historical and Predictive Market Assessment: Manufacturing Route Grade Application End User Country
Manufacturing Routes Covered	Butadiene Route, Acetylene Route
Grades Covered	General-Purpose Grade Neoprene, Pre-Crosslinked Grade Neoprene, Sulfer-Modified Grade Neoprene, Slow Crystallizing Grade Neoprene
Applications Covered	Technical Rubber, Adhesives Industry, Latex Industry
End Users Covered	Automotive, Manufacturing, Consumer Goods, Medical
Countries Covered	Germany, France, United Kingdom, Italy, Spain, Others
Customization Scope	10% Free Customization
Report Price and Purchase Option	Single User License: US$ 3699 Five User License: US$ 4699 Corporate License: US$ 5699
Post-Sale Analyst Support	10-12 Weeks
Delivery Format	PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

Key Questions Answered in This Report:

How has the Europe neoprene market performed so far and how will it perform in the coming years?
What has been the impact of COVID-19 on the Europe neoprene market?
What are the key regional markets?
What is the breakup of the market based on the manufacturing route?
What is the breakup of the market based on the grade?
What is the breakup of the market based on the application?
What is the breakup of the market based on the end user?
What are the various stages in the value chain of the industry?
What are the key driving factors and challenges in the industry?
What is the structure of the Europe neoprene market and who are the key players?
What is the degree of competition in the industry?

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