Neoprene Market Report by Manufacturing Route (Butadiene Route, Acetylene Route), Grade (General-Purpose Grade Neoprene, Pre-Crosslinked Grade Neoprene, Sulfur-Modified Grade Neoprene, Slow Crystallizing Grade Neoprene), Application (Technical Rubber, Adhesives Industry, Latex Industry), End-User (Automotive, Manufacturing, Consumer Goods, Medical), and Region 2025-2033

Neoprene Market Report by Manufacturing Route (Butadiene Route, Acetylene Route), Grade (General-Purpose Grade Neoprene, Pre-Crosslinked Grade Neoprene, Sulfur-Modified Grade Neoprene, Slow Crystallizing Grade Neoprene), Application (Technical Rubber, Adhesives Industry, Latex Industry), End-User (Automotive, Manufacturing, Consumer Goods, Medical), and Region 2025-2033

Report Format: PDF+Excel | Report ID: SR112025A1143

Market Overview:

The global neoprene market size reached 446.4 Kilo Tons in 2024. Looking forward, IMARC Group expects the market to reach 563.3 Kilo Tons by 2033, exhibiting a growth rate (CAGR) of 2.49% during 2025-2033.

Report Attribute 
Key Statistics
Base Year
2024
Forecast Years
2025-2033
Historical Years
2019-2024
Market Size in 2024
446.4 Kilo Tons
Market Forecast in 2033
563.3 Kilo Tons
Market Growth Rate 2025-2033 2.49%


Neoprene is a synthetic rubber produced artificially by free radical polymerization of chloroprene. It was first developed in the 1930s, as an oil-resistant substitute for natural latex rubber with DuPont being the first to market the compound in 1931. Neoprene offers various advantages over natural rubber latex and other synthetic compounds. Neoprene provides a strong level of protection from oxidizing agents such as alcohols, oils, and acids and offers resistant to all acetonic solvents. It also provides high resistance to physical failures like cuts and is resistant to damage caused by abrasion, flexing and twisting. Neoprene also does not degrade in the presence of sun, ozone or weather and provides excellent adhesion to fabrics and metals. Moreover, Neoprene exhibits good chemical stability and maintains flexibility over a wide temperature range. Compared to natural rubber, neoprene is more gas permeation resistant and can tolerate higher temperatures: up to 200 degrees Fahrenheit (F). Even at such elevated temperatures, neoprene maintains its integrity, making it better suited to long-term use in high temperature applications compared to natural rubber. Neoprene’s polymer structure also allows it to be modified to create a material compound with a diverse range of chemical and physical properties, based on the product needs.

The global demand of neoprene has been increasing continuously over the last few years catalyzed by its superior physical and chemical properties. The automotive sector represents one of the biggest end users of neoprene. In the automotive industry neoprene is used in the manufacturing of tires, oil seals, power transmission belts, breaking and steering system components, hose covers, etc. Apart from the automotive industry, the growth in the construction sector is also catalyzing the demand of neoprene where it is used to provide electrical insulation; seals for windows, doors, and facades; elevator astragals; deviator pads; Highway and bridge seals, etc.

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each sub-segment of the global neoprene market report, along with forecasts at the global and regional level from 2025-2033. Our report has categorized the market based on manufacturing route, grade, application and end-user.

Breakup by Manufacturing Route:

  • Butadiene Route
  • Acetylene Route

Based on the manufacturing route, the market has been segmented into the butadiene route and acetylene route. The butadiene route currently accounts for a higher share.

Breakup by Grade:

  • General-Purpose Grade Neoprene
  • Pre-Crosslinked Grade Neoprene
  • Sulfur-Modified Grade Neoprene
  • Slow Crystallizing Grade Neoprene

Based on the grade, the market has been segmented into general-purpose grade neoprene, pre-crosslinked grade neoprene, sulfur-modified grade neoprene and slow crystallizing grade neoprene.

Breakup by Application:

  • Technical Rubber
  • Adhesives Industry
  • Latex Industry

Based on the application, the market has been segmented into technical rubber, adhesives industry and latex industry. Technical rubber currently represents the biggest segment.

Breakup by End-User:

  • Automotive
  • Manufacturing
  • Consumer Goods
  • Medical

Based on the end-user, the market has been segmented into automotive, manufacturing, consumer goods and medical. The automotive segment currently represents the biggest end user.

Breakup by Region:

  • Asia Pacific
  • North America
  • Europe
  • Middle East and Africa
  • Latin America

Region-wise, the market has been segmented into Asia Pacific, North America, Europe, Middle East and Africa, and Latin America. Amongst these, Asia Pacific is the biggest region, accounting for the majority of the global market.

Competitive Landscape:

The competitive landscape of the market has also been examined with some of the key players being Denka Corporation, Lanxess, Showa Denko, Tosoh, Zenith Rubber, GK GmbH Endlosband, Pidilite Industries Ltd., Covestro AG and Asahi Kasei Corporation.

Report Coverage:

Report Features Details
Base Year of the Analysis 2024
Historical Period 2019-2024
Forecast Period 2025-2033
Units Kilo Tons
Segment Coverage Manufacturing Route, Grade, Application, End-User, Region
Region Covered Asia Pacific, Europe, North America, Latin America, Middle East and Africa
Companies Covered Denka Corporation, Lanxess, Showa Denko, Tosoh, Zenith Rubber, GK GmbH Endlosband, Pidilite Industries Ltd., Covestro AG and Asahi Kasei Corporation
Customization Scope 10% Free Customization
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 global neoprene market performed so far and how will it perform in the coming years?
  • What are the key regional markets in the global neoprene industry?
  • What has been the impact of COVID-19 on the global neoprene market?
  • What is the breakup of the global neoprene market on the basis of manufacturing route?
  • What is the breakup of the global neoprene market on the basis of grade?
  • What is the breakup of the global neoprene market on the basis of application?
  • What is the breakup of the global neoprene market on the basis of end-user?
  • What are the various stages in the value chain of the global neoprene market?
  • What are the key driving factors and challenges in the global neoprene market?
  • What is the structure of the global neoprene market and who are the key players?
  • What is the degree of competition in the global neoprene market?
  • How is neoprene manufactured?

Need more help?

  • Speak to our experienced analysts for insights on the current market scenarios.
  • Include additional segments and countries to customize the report as per your requirement.
  • Gain an unparalleled competitive advantage in your domain by understanding how to utilize the report and positively impacting your operations and revenue.
  • For further assistance, please connect with our analysts.
Neoprene Market Report by Manufacturing Route (Butadiene Route, Acetylene Route), Grade (General-Purpose Grade Neoprene, Pre-Crosslinked Grade Neoprene, Sulfur-Modified Grade Neoprene, Slow Crystallizing Grade Neoprene), Application (Technical Rubber, Adhesives Industry, Latex Industry), End-User (Automotive, Manufacturing, Consumer Goods, Medical), and Region 2025-2033
Purchase Options New Year Sale
Benefits of Customization
  • Personalize this research
  • Triangulate with your data
  • Get data as per your format and definition
  • Gain a deeper dive into a specific application, geography, customer, or competitor
  • Any level of personalization

Get in Touch With Us

UNITED STATES

Phone: +1-631-791-1145

INDIA

Phone: +91-120-433-0800

UNITED KINGDOM

Phone: +44-753-714-6104

Email: sales@imarcgroup.com

Client Testimonials