Market Overview:
The global neoprene foam market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for neoprene foam in various applications, such as automotive, wire & cables, electronics, construction and aerospace. Neoprene foam is used as an insulation material in various end-use industries owing to its properties such as high thermal resistance and excellent acoustic absorption. In addition, the growing demand for lightweight vehicles has led to an increase in the use of neoprene foam in automotive applications. Furthermore, rising disposable income and changing lifestyle preferences are also contributing towards the growth of the global neoprene foam market.
Product Definition:
A synthetic rubber foam that is used as a padding or insulation material. It is composed of polychloroprene and exhibits good resistance to oil, water, and weathering.
Industrial Grade:
Industrial grade neoprene foam is a type of synthetic rubber, produced from the polymerization process of chloroprene. It has high tensile strength and tear resistance as compared to standard polyisobutylene foam. The product finds application in various industries including packaging, construction, automotive & transportation and consumer goods owing to its properties such as insulation, durability and flexibility at low cost.
Other:
Other is a generic name for all the chemical compounds, which are produced as a by-product during the production of neoprene. Other compounds include cyclohexane, acetone and methyl ethyl ketone (MEK). The other compound is used to manufacture polyurethane foams. Neoprene foam can be manufactured using other compounds such as cyclohexane and MEK.
Application Insights:
The automotive application segment led the global neoprene foam market in 2017 and is projected to expand at a CAGR of XX% over the forecast period. The growing demand for passenger cars and light commercial vehicles due to rising income levels, coupled with increasing disposable income, especially in emerging markets such as China, India & Brazil is expected to drive product demand over the next seven years.
Neoprene foam based products are used for manufacturing car seats cushioning material that offer support and comfort during long journeys. They are also used in airbags, headliners/trim strips, door panels interiors as well as exteriors of automobiles owing to their shock absorption properties along with high durability which has resulted in increased automobile production globally since past few decades resulting in higher neoprene foam consumption globally for automotive applications.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The region is home to some of the largest automotive, electronics, construction and food & beverage companies. It has been observed that Asia Pacific manufacturers are adopting neoprene foam for packaging material as it helps maintain product quality and reduces scraped products.
The growing manufacturing sector in India owing to various policy reforms by the government is anticipated to drive demand for neoprene foam in this country. The Indian government's Make In India initiative aims at making India a manufacturing hub by attracting foreign investment through ease of doing business rankings among others; which will further propel industry growth over the coming years.
North America accounted for a significant share of revenue on account of high product adoption across major industries including aerospace, automotive, consumer goods etc.
Growth Factors:
- Increasing demand for neoprene foam in the automotive and transportation industry as a replacement for traditional materials such as metal, plastic, and rubber.
- Growing use of neoprene foam in the construction industry as an insulation material due to its thermal and acoustic properties.
- Rising demand from the sports and recreation sector for use in products such as wetsuits, life jackets, surfboards, etc.
- Increasing popularity of neoprene foam among consumers due to its comfort, durability, and breathability properties.
- Technological advancements that have led to development of new applications for neoprene foam in sectors such as healthcare and aerospace
Scope Of The Report
Report Attributes
Report Details
Report Title
Neoprene Foam Market Research Report
By Type
Industrial Grade, Other
By Application
Automotive, Wire & Cables, Electronics, Construction, Aerospace
By Companies
Wisconsin Foam Products, Ridderflex, Rubatex, Williams Products, GCP Industrial Products, ...
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
249
Number of Tables & Figures
175
Customization Available
Yes, the report can be customized as per your need.
Global Neoprene Foam Market Report Segments:
The global Neoprene Foam market is segmented on the basis of:
Types
Industrial Grade, Other
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
Automotive, Wire & Cables, Electronics, Construction, Aerospace
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:
- Wisconsin Foam Products
- Ridderflex
- Rubatex
- Williams Products
- GCP Industrial Products
- ...
Highlights of The Neoprene Foam 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:
- Industrial Grade
- Other
- By Application:
- Automotive
- Wire & Cables
- Electronics
- Construction
- Aerospace
- 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 Foam 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
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
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 foam is a type of closed-cell, thermoplastic foam made from synthetic rubber. It is often used in products that need to be resistant to water and other chemicals, such as insulation for boats and aircraft.
Some of the major players in the neoprene foam market are Wisconsin Foam Products, Ridderflex, Rubatex, Williams Products, GCP Industrial Products.
The neoprene foam market is expected to grow at a compound annual growth rate of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Neoprene Foam Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Neoprene Foam Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Neoprene Foam Market - Supply Chain
4.5. Global Neoprene Foam Market Forecast
4.5.1. Neoprene Foam Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Neoprene Foam Market Size (000 Units) and Y-o-Y Growth
4.5.3. Neoprene Foam Market Absolute $ Opportunity
5. Global Neoprene Foam Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Neoprene Foam Market Size and Volume Forecast by Type
5.3.1. Industrial Grade
5.3.2. Other
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Neoprene Foam Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Neoprene Foam Market Size and Volume Forecast by Application
6.3.1. Automotive
6.3.2. Wire & Cables
6.3.3. Electronics
6.3.4. Construction
6.3.5. Aerospace
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Neoprene Foam Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Neoprene Foam Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Neoprene Foam Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Neoprene Foam Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Neoprene Foam Demand Share Forecast, 2019-2029
9. North America Neoprene Foam Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Neoprene Foam Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Neoprene Foam Market Size and Volume Forecast by Application
9.4.1. Automotive
9.4.2. Wire & Cables
9.4.3. Electronics
9.4.4. Construction
9.4.5. Aerospace
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Neoprene Foam Market Size and Volume Forecast by Type
9.7.1. Industrial Grade
9.7.2. Other
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Neoprene Foam Demand Share Forecast, 2019-2029
10. Latin America Neoprene Foam Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Neoprene Foam Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Neoprene Foam Market Size and Volume Forecast by Application
10.4.1. Automotive
10.4.2. Wire & Cables
10.4.3. Electronics
10.4.4. Construction
10.4.5. Aerospace
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Neoprene Foam Market Size and Volume Forecast by Type
10.7.1. Industrial Grade
10.7.2. Other
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Neoprene Foam Demand Share Forecast, 2019-2029
11. Europe Neoprene Foam Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Neoprene Foam Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Neoprene Foam Market Size and Volume Forecast by Application
11.4.1. Automotive
11.4.2. Wire & Cables
11.4.3. Electronics
11.4.4. Construction
11.4.5. Aerospace
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Neoprene Foam Market Size and Volume Forecast by Type
11.7.1. Industrial Grade
11.7.2. Other
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Neoprene Foam Demand Share, 2019-2029
12. Asia Pacific Neoprene Foam Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Neoprene Foam Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Neoprene Foam Market Size and Volume Forecast by Application
12.4.1. Automotive
12.4.2. Wire & Cables
12.4.3. Electronics
12.4.4. Construction
12.4.5. Aerospace
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Neoprene Foam Market Size and Volume Forecast by Type
12.7.1. Industrial Grade
12.7.2. Other
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Neoprene Foam Demand Share, 2019-2029
13. Middle East & Africa Neoprene Foam Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Neoprene Foam Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Neoprene Foam Market Size and Volume Forecast by Application
13.4.1. Automotive
13.4.2. Wire & Cables
13.4.3. Electronics
13.4.4. Construction
13.4.5. Aerospace
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Neoprene Foam Market Size and Volume Forecast by Type
13.7.1. Industrial Grade
13.7.2. Other
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Neoprene Foam Demand Share, 2019-2029
14. Competition Landscape
14.1. Global Neoprene Foam Market: Market Share Analysis
14.2. Neoprene Foam Distributors and Customers
14.3. Neoprene Foam Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Wisconsin Foam Products
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Ridderflex
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Rubatex
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Williams Products
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. GCP Industrial Products
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. ...
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. COMPANY7
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. COMPANY8
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. COMPANY9
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. COMPANY 10
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
