Latest Update: Impact of current COVID-19 situation has been considered in this report while making the analysis.
Global Neoprene Foam Market by Type (Industrial Grade, Other), By Application (Automotive, Wire & Cables, Electronics, Construction, Aerospace) And By Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030-report

Global Neoprene Foam Market by Type (Industrial Grade, Other), By Application (Automotive, Wire & Cables, Electronics, Construction, Aerospace) And By Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030

Report ID: 135784 3300 Chemical & Material 377 249 Pages 4.7 (45)

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.

Global Neoprene Foam Industry Outlook

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 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


Historical Year

2019 to 2020 (Data from 2010 can be provided as per availability)

Forecast Year


Number of Pages


Number of Tables & Figures


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:


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.


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:

  1. Wisconsin Foam Products
  2. Ridderflex
  3. Rubatex
  4. Williams Products
  5. GCP Industrial Products
  6. ...

Global Neoprene Foam Market Overview

Highlights of The Neoprene Foam Market Report:

  1. The market structure and projections for the coming years.
  2. Drivers, restraints, opportunities, and current trends of market.
  3. Historical data and forecast.
  4. Estimations for the forecast period 2030.
  5. Developments and trends in the market.
  6. By Type:

    1. Industrial Grade
    2. Other
  1. By Application:

    1. Automotive
    2. Wire & Cables
    3. Electronics
    4. Construction
    5. Aerospace
  1. Market scenario by region, sub-region, and country.
  2. Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
  3. Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
  4. 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

Global Neoprene Foam Market Statistics

8 Reasons to Buy This Report

  1. Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
  2. Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
  3. Implemented Robust Methodology to Prepare the Report
  4. Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
  5. Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
  6. Provides Information About the Top-winning Strategies Implemented by Industry Players.
  7. In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
  8. 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 Overview Financials Developments Strategic Outlook
      14.4.2. Ridderflex Overview Financials Developments Strategic Outlook
      14.4.3. Rubatex Overview Financials Developments Strategic Outlook
      14.4.4. Williams Products Overview Financials Developments Strategic Outlook
      14.4.5. GCP Industrial Products Overview Financials Developments Strategic Outlook
      14.4.6. ... Overview Financials Developments Strategic Outlook
      14.4.7. COMPANY7 Overview Financials Developments Strategic Outlook
      14.4.8. COMPANY8 Overview Financials Developments Strategic Outlook
      14.4.9. COMPANY9 Overview Financials Developments Strategic Outlook
      14.4.10. COMPANY 10 Overview Financials Developments Strategic Outlook
      14.4.11. COMPANY 11 Overview Financials Developments Strategic Outlook
      14.4.12. COMPANY 12 Overview Financials Developments Strategic Outlook
      14.4.13. COMPANY 13 Overview Financials Developments Strategic Outlook
      14.4.14. COMPANY 14 Overview Financials Developments Strategic Outlook
      14.4.15. COMPANY 15 Overview Financials Developments Strategic Outlook
      14.4.16. COMPANY 16 Overview Financials Developments Strategic Outlook
      14.4.17. COMPANY 17 Overview Financials Developments Strategic Outlook
      14.4.18. COMPANY 18 Overview Financials Developments Strategic Outlook
      14.4.19. COMPANY 19 Overview Financials Developments Strategic Outlook
      14.4.20. COMPANY 20 Overview Financials Developments Strategic Outlook

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