Market Overview:
The global neoprene sponge rubber market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for neoprene sponge rubber from various end-use industries, such as construction, automotive, transportation and others. Neoprene sponge rubber is used in a wide range of applications owing to its properties such as resistance against oil and chemicals, thermal stability and high resilience. In addition, adhesive neoprene sponge rubber is witnessing high demand due to its ability to stick firmly onto surfaces and provide good insulation properties. North America dominates the global neoprene sponge rubber market followed by Europe and Asia Pacific region.
Product Definition:
Neoprene sponge rubber is a synthetic polymer made from chloroprene. It is used in applications where a high degree of chemical and oil resistance is required, such as gaskets, seals, hoses and belting.
Non Adhesive:
Non-adhesive neoprene is a type of synthetic rubber that was developed in England. It has been used as an alternative to natural rubber for many years and has recently gained popularity due to its superior physical properties. These include high strength, abrasion resistance, excellent resilience, low heat buildup & release and good elasticity & tensile strength.
Adhesive:
Adhesive is a chemical that can stick two or more surfaces together. The most common types of adhesives are synthetic rubber-based and natural based. Synthetic rubber-based adhesive is widely used in the automotive industry for bonding various parts such as engine covers, dashboards, door panels, etc.
Application Insights:
The construction industry accounted for the largest market share in 2017 and is expected to grow at a CAGR of XX% over the forecast period. The product has excellent properties, such as water resistance, abrasion resistance, tensile strength and flexibility which makes it suitable for use in various construction applications including flooring & roofing underlayment.
Neoprene sponges are widely used in automotive interior trim application owing to its superior aesthetic appeal and low cost compared to high grade leather or vinyl materials. It also provides better protection against extreme heat & cold, UV rays & moisture which enhances driving comfort and safety respectively.
Regional Analysis:
Asia Pacific dominated the global market in terms of revenue with a share of over 45.0% in 2017. The region is expected to witness significant growth over the forecast period owing to increasing construction activities and automobile production, especially in China and India. Increasing foreign investments coupled with government initiatives for infrastructure development are likely to drive the regional market further.
The growing demand for neoprene sponges from various end-use industries such as automotive, construction, marine is anticipated to propel product demand across several regions globally including North America and Europe during the forecast period.
Growth Factors:
- Increasing demand from automotive and construction industries
- Growing popularity of neoprene sponge rubber in medical and healthcare sector
- Rising awareness about the benefits of neoprene sponge rubber among consumers
- Technological advancements in manufacturing process of neoprene sponge rubber
- Growing number of applications for neoprene sponge rubber
Scope Of The Report
Report Attributes
Report Details
Report Title
Neoprene Sponge Rubber Market Research Report
By Type
Non Adhesive, Adhesive
By Application
Construction Industry, Automotive Industry, Transportation, Other
By Companies
The Rubber Company, Frank Lowe, Ramsay Rubber, Alanto, C.B.Frost, PAR Group, Aquaseal Rubber, Delta Rubber, rubberandsponge, RH Nuttall, Advanced Seals & Gaskets, MacLellan Rubber
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
210
Number of Tables & Figures
147
Customization Available
Yes, the report can be customized as per your need.
Global Neoprene Sponge Rubber Market Report Segments:
The global Neoprene Sponge Rubber market is segmented on the basis of:
Types
Non Adhesive, Adhesive
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Construction Industry, Automotive Industry, Transportation, Other
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- The Rubber Company
- Frank Lowe
- Ramsay Rubber
- Alanto
- C.B.Frost
- PAR Group
- Aquaseal Rubber
- Delta Rubber
- rubberandsponge
- RH Nuttall
- Advanced Seals & Gaskets
- MacLellan Rubber
Highlights of The Neoprene Sponge Rubber Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Non Adhesive
- Adhesive
- By Application:
- Construction Industry
- Automotive Industry
- Transportation
- Other
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Neoprene Sponge Rubber Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Neoprene Sponge Rubber is a type of rubber that is made from synthetic materials. It has a very low coefficient of friction, which makes it ideal for use in applications where high levels of lubrication are required.
Some of the major players in the neoprene sponge rubber market are The Rubber Company, Frank Lowe, Ramsay Rubber, Alanto, C.B.Frost, PAR Group, Aquaseal Rubber, Delta Rubber, rubberandsponge, RH Nuttall, Advanced Seals & Gaskets, MacLellan Rubber.
The neoprene sponge rubber market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Neoprene Sponge Rubber Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Neoprene Sponge Rubber Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Neoprene Sponge Rubber Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Neoprene Sponge Rubber Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Neoprene Sponge Rubber Market Size & Forecast, 2020-2028
4.5.1 Neoprene Sponge Rubber Market Size and Y-o-Y Growth
4.5.2 Neoprene Sponge Rubber Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Non Adhesive
5.2.2 Adhesive
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Construction Industry
6.2.2 Automotive Industry
6.2.3 Transportation
6.2.4 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Neoprene Sponge Rubber Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Neoprene Sponge Rubber Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Non Adhesive
9.6.2 Adhesive
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Construction Industry
9.10.2 Automotive Industry
9.10.3 Transportation
9.10.4 Other
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Non Adhesive
10.6.2 Adhesive
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Construction Industry
10.10.2 Automotive Industry
10.10.3 Transportation
10.10.4 Other
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Non Adhesive
11.6.2 Adhesive
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Construction Industry
11.10.2 Automotive Industry
11.10.3 Transportation
11.10.4 Other
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Non Adhesive
12.6.2 Adhesive
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Construction Industry
12.10.2 Automotive Industry
12.10.3 Transportation
12.10.4 Other
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Non Adhesive
13.6.2 Adhesive
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Construction Industry
13.10.2 Automotive Industry
13.10.3 Transportation
13.10.4 Other
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Neoprene Sponge Rubber Market: Competitive Dashboard
14.2 Global Neoprene Sponge Rubber Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 The Rubber Company
14.3.2 Frank Lowe
14.3.3 Ramsay Rubber
14.3.4 Alanto
14.3.5 C.B.Frost
14.3.6 PAR Group
14.3.7 Aquaseal Rubber
14.3.8 Delta Rubber
14.3.9 rubberandsponge
14.3.10 RH Nuttall
14.3.11 Advanced Seals & Gaskets
14.3.12 MacLellan Rubber
