Market Overview:
The Asia Pacific neoprene market is currently witnessing moderate growth. Neoprene is a synthetic rubber widely utilized as a substitute for natural latex rubber. It provides protection against oxidizing agents, such as alcohol, oil and acids. Moreover, as it offers resistance from acetonic solvents, it finds application in the automotive and construction industries. At present, rapid industrialization is positively influencing the demand for neoprene in the Asia Pacific region.
The increasing number of tire manufacturing plants, along with the flourishing automotive sector, represents one of the significant factors propelling the growth of the neoprene market in the Asia Pacific region. Neoprene is utilized in the automotive industry to manufacture tires, oil seals, braking and steering system components, hose covers and power transmission belts. Moreover, economic growth and rising construction activities, especially in the residential and commercial sectors, are driving the market further. However, the market is experiencing a decline on account of the rapid increase in the coronavirus disease (COVID-19) cases and lockdowns imposed in different parts of the region to prevent the spread of the pandemic. The market will experience growth when lockdown restrictions are uplifted in the region. Looking forward, the market is expected to continue its moderate growth during the forecast period (2021-2026).
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the Asia Pacific neoprene market report, along with forecasts for growth at the region level from 2021-2026. Our report has categorized the market based on region, 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:
- China
- Japan
- India
- South Korea
- Australia
- Indonesia
- Others
Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players.
Key Questions Answered in This Report:
- How has the Asia Pacific neoprene market performed so far and how will it perform in the coming years?
- What has been the impact of COVID-19 on the Asia Pacific 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 Asia Pacific neoprene market and who are the key players?
- What is the degree of competition in the industry?
1 Preface
2 Scope and Methodology
2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
2.3.1 Primary Sources
2.3.2 Secondary Sources
2.4 Market Estimation
2.4.1 Bottom-Up Approach
2.4.2 Top-Down Approach
2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
4.1 Overview
4.2 Key Industry Trends
5 Asia Pacific Neoprene Market
5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Forecast
6 Market Breakup by Manufacturing Route
6.1 Butadiene Route
6.1.1 Market Trends
6.1.2 Market Forecast
6.2 Acetylene Route
6.2.1 Market Trends
6.2.2 Market Forecast
7 Market Breakup by Grade
7.1 General-Purpose Grade Neoprene
7.1.1 Market Trends
7.1.2 Market Forecast
7.2 Pre-Crosslinked Grade Neoprene
7.2.1 Market Trends
7.2.2 Market Forecast
7.3 Sulfer-Modified Grade Neoprene
7.3.1 Market Trends
7.3.2 Market Forecast
7.4 Slow Crystallizing Grade Neoprene
7.4.1 Market Trends
7.4.2 Market Forecast
8 Market Breakup by Application
8.1 Technical Rubber
8.1.1 Market Trends
8.1.2 Market Forecast
8.2 Adhesives Industry
8.2.1 Market Trends
8.2.2 Market Forecast
8.3 Latex Industry
8.3.1 Market Trends
8.3.2 Market Forecast
9 Market Breakup by End User
9.1 Automotive
9.1.1 Market Trends
9.1.2 Market Forecast
9.2 Manufacturing
9.2.1 Market Trends
9.2.2 Market Forecast
9.3 Consumer Goods
9.3.1 Market Trends
9.3.2 Market Forecast
9.4 Medical
9.4.1 Market Trends
9.4.2 Market Forecast
10 Market Breakup by Country
10.1 China
10.1.1 Market Trends
10.1.2 Market Breakup by Manufacturing Route
10.1.3 Market Breakup by Grade
10.1.4 Market Breakup by Application
10.1.5 Market Breakup by End User
10.1.6 Market Forecast
10.2 Japan
10.2.1 Market Trends
10.2.2 Market Breakup by Manufacturing Route
10.2.3 Market Breakup by Grade
10.2.4 Market Breakup by Application
10.2.5 Market Breakup by End User
10.2.6 Market Forecast
10.3 India
10.3.1 Market Trends
10.3.2 Market Breakup by Manufacturing Route
10.3.3 Market Breakup by Grade
10.3.4 Market Breakup by Application
10.3.5 Market Breakup by End User
10.3.6 Market Forecast
10.4 South Korea
10.4.1 Market Trends
10.4.2 Market Breakup by Manufacturing Route
10.4.3 Market Breakup by Grade
10.4.4 Market Breakup by Application
10.4.5 Market Breakup by End User
10.4.6 Market Forecast
10.5 Australia
10.5.1 Market Trends
10.5.2 Market Breakup by Manufacturing Route
10.5.3 Market Breakup by Grade
10.5.4 Market Breakup by Application
10.5.5 Market Breakup by End User
10.5.6 Market Forecast
10.6 Indonesia
10.6.1 Market Trends
10.6.2 Market Breakup by Manufacturing Route
10.6.3 Market Breakup by Grade
10.6.4 Market Breakup by Application
10.6.5 Market Breakup by End User
10.6.6 Market Forecast
10.7 Others
10.7.1 Market Trends
10.7.2 Market Breakup by Manufacturing Route
10.7.3 Market Breakup by Grade
10.7.4 Market Breakup by Application
10.7.5 Market Breakup by End User
10.7.6 Market Forecast
11 SWOT Analysis
11.1 Overview
11.2 Strengths
11.3 Weaknesses
11.4 Opportunities
11.5 Threats
12 Value Chain Analysis
13 Porters Five Forces Analysis
13.1 Overview
13.2 Bargaining Power of Buyers
13.3 Bargaining Power of Suppliers
13.4 Degree of Competition
13.5 Threat of New Entrants
13.6 Threat of Substitutes
14 Price Analysis
15 Policy and Regulatory Landscape
16 Competitive Landscape
16.1 Market Structure
16.2 Key Players
16.3 Profiles of Key Players
List of Figures
Figure 1: Asia Pacific: Neoprene Market: Major Drivers and Challenges
Figure 2: Asia Pacific: Neoprene Market: Volume Trends (in Kilotons), 2015-2020
Figure 3: Asia Pacific: Neoprene Market: Breakup by Manufacturing Route (in %), 2020
Figure 4: Asia Pacific: Neoprene Market: Breakup by Grade (in %), 2020
Figure 5: Asia Pacific: Neoprene Market: Breakup by Application (in %), 2020
Figure 6: Asia Pacific: Neoprene Market: Breakup by End User (in %), 2020
Figure 7: Asia Pacific: Neoprene Market: Breakup by Country (in %), 2020
Figure 8: Asia Pacific: Neoprene Market Forecast: Volume Trends (in Kilotons), 2021-2026
Figure 9: Asia Pacific: Neoprene (Butadiene Route) Market: Volume Trends (in Kilotons), 2015 & 2020
Figure 10: Asia Pacific: Neoprene (Butadiene Route) Market Forecast: Volume Trends (in Kilotons), 2021-2026
Figure 11: Asia Pacific: Neoprene (Acetylene Route) Market: Volume Trends (in Kilotons), 2015 & 2020
Figure 12: Asia Pacific: Neoprene (Acetylene Route) Market Forecast: Volume Trends (in Kilotons), 2021-2026
Figure 13: Asia Pacific: Neoprene (General-Purpose Grade) Market: Volume Trends (in Kilotons), 2015 & 2020
Figure 14: Asia Pacific: Neoprene (General-Purpose Grade) Market Forecast: Volume Trends (in Kilotons), 2021-2026
Figure 15: Asia Pacific: Neoprene (Pre-Crosslinked Grade) Market: Volume Trends (in Kilotons), 2015 & 2020
Figure 16: Asia Pacific: Neoprene (Pre-Crosslinked Grade) Market Forecast: Volume Trends (in Kilotons), 2021-2026
Figure 17: Asia Pacific: Neoprene (Sulfer-Modified Grade) Market: Volume Trends (in Kilotons), 2015 & 2020
Figure 18: Asia Pacific: Neoprene (Sulfer-Modified Grade) Market Forecast: Volume Trends (in Kilotons), 2021-2026
Figure 19: Asia Pacific: Neoprene (Slow Crystallizing Grade) Market: Volume Trends (in Kilotons), 2015 & 2020
Figure 20: Asia Pacific: Neoprene (Slow Crystallizing Grade) Market Forecast: Volume Trends (in Kilotons), 2021-2026
Figure 21: Asia Pacific: Neoprene (Technical Rubber) Market: Volume Trends (in Kilotons), 2015 & 2020
Figure 22: Asia Pacific: Neoprene (Technical Rubber) Market Forecast: Volume Trends (in Kilotons), 2021-2026
Figure 23: Asia Pacific: Neoprene (Adhesives Industry) Market: Volume Trends (in Kilotons), 2015 & 2020
Figure 24: Asia Pacific: Neoprene (Adhesives Industry) Market Forecast: Volume Trends (in Kilotons), 2021-2026
Figure 25: Asia Pacific: Neoprene (Latex Industry) Market: Volume Trends (in Kilotons), 2015 & 2020
Figure 26: Asia Pacific: Neoprene (Latex Industry) Market Forecast: Volume Trends (in Kilotons), 2021-2026
Figure 27: Asia Pacific: Neoprene (Automotive) Market: Volume Trends (in Kilotons), 2015 & 2020
Figure 28: Asia Pacific: Neoprene (Automotive) Market Forecast: Volume Trends (in Kilotons), 2021-2026
Figure 29: Asia Pacific: Neoprene (Manufacturing) Market: Volume Trends (in Kilotons), 2015 & 2020
Figure 30: Asia Pacific: Neoprene (Manufacturing) Market Forecast: Volume Trends (in Kilotons), 2021-2026
Figure 31: Asia Pacific: Neoprene (Consumer Goods) Market: Volume Trends (in Kilotons), 2015 & 2020
Figure 32: Asia Pacific: Neoprene (Consumer Goods) Market Forecast: Volume Trends (in Kilotons), 2021-2026
Figure 33: Asia Pacific: Neoprene (Medical) Market: Volume Trends (in Kilotons), 2015 & 2020
Figure 34: Asia Pacific: Neoprene (Medical) Market Forecast: Volume Trends (in Kilotons), 2021-2026
Figure 35: China: Neoprene Market: Volume Trends (in Kilotons), 2015 & 2020
Figure 36: China: Neoprene Market: Breakup by Manufacturing Route (in %), 2020
Figure 37: China: Neoprene Market: Breakup by Grade (in %), 2020
Figure 38: China: Neoprene Market: Breakup by Application (in %), 2020
Figure 39: China: Neoprene Market: Breakup by End User (in %), 2020
Figure 40: China: Neoprene Market Forecast: Volume Trends (in Kilotons), 2021-2026
Figure 41: Japan: Neoprene Market: Volume Trends (in Kilotons), 2015 & 2020
Figure 42: Japan: Neoprene Market: Breakup by Manufacturing Route (in %), 2020
Figure 43: Japan: Neoprene Market: Breakup by Grade (in %), 2020
Figure 44: Japan: Neoprene Market: Breakup by Application (in %), 2020
Figure 45: Japan: Neoprene Market: Breakup by End User (in %), 2020
Figure 46: Japan: Neoprene Market Forecast: Volume Trends (in Kilotons), 2021-2026
Figure 47: India: Neoprene Market: Volume Trends (in Kilotons), 2015 & 2020
Figure 48: India: Neoprene Market: Breakup by Manufacturing Route (in %), 2020
Figure 49: India: Neoprene Market: Breakup by Grade (in %), 2020
Figure 50: India: Neoprene Market: Breakup by Application (in %), 2020
Figure 51: India: Neoprene Market: Breakup by End User (in %), 2020
Figure 52: India: Neoprene Market Forecast: Volume Trends (in Kilotons), 2021-2026
Figure 53: South Korea: Neoprene Market: Volume Trends (in Kilotons), 2015 & 2020
Figure 54: South Korea: Neoprene Market: Breakup by Manufacturing Route (in %), 2020
Figure 55: South Korea: Neoprene Market: Breakup by Grade (in %), 2020
Figure 56: South Korea: Neoprene Market: Breakup by Application (in %), 2020
Figure 57: South Korea: Neoprene Market: Breakup by End User (in %), 2020
Figure 58: South Korea: Neoprene Market Forecast: Volume Trends (in Kilotons), 2021-2026
Figure 59: Australia: Neoprene Market: Volume Trends (in Kilotons), 2015 & 2020
Figure 60: Australia: Neoprene Market: Breakup by Manufacturing Route (in %), 2020
Figure 61: Australia: Neoprene Market: Breakup by Grade (in %), 2020
Figure 62: Australia: Neoprene Market: Breakup by Application (in %), 2020
Figure 63: Australia: Neoprene Market: Breakup by End User (in %), 2020
Figure 64: Australia: Neoprene Market Forecast: Volume Trends (in Kilotons), 2021-2026
Figure 65: Indonesia: Neoprene Market: Volume Trends (in Kilotons), 2015 & 2020
Figure 66: Indonesia: Neoprene Market: Breakup by Manufacturing Route (in %), 2020
Figure 67: Indonesia: Neoprene Market: Breakup by Grade (in %), 2020
Figure 68: Indonesia: Neoprene Market: Breakup by Application (in %), 2020
Figure 69: Indonesia: Neoprene Market: Breakup by End User (in %), 2020
Figure 70: Indonesia: Neoprene Market Forecast: Volume Trends (in Kilotons), 2021-2026
Figure 71: Others: Neoprene Market: Volume Trends (in Kilotons), 2015 & 2020
Figure 72: Others: Neoprene Market Forecast: Volume Trends (in Kilotons), 2021-2026
Figure 73: Asia Pacific: Neoprene Industry: SWOT Analysis
Figure 74: Asia Pacific: Neoprene Industry: Value Chain Analysis
Figure 75: Asia Pacific: Neoprene Industry: Porter’s Five Forces Analysis
List of Tables
Table 1: Asia Pacific: Neoprene Market: Key Industry Highlights, 2020 and 2026
Table 2: Asia Pacific: Neoprene Market Forecast: Breakup by Manufacturing Route (in Kilotons), 2021-2026
Table 3: Asia Pacific: Neoprene Market Forecast: Breakup by Grade (in Kilotons), 2021-2026
Table 4: Asia Pacific: Neoprene Market Forecast: Breakup by Application (in Kilotons), 2021-2026
Table 5: Asia Pacific: Neoprene Market Forecast: Breakup by End User (in Kilotons), 2021-2026
Table 6: Asia Pacific: Neoprene Market Forecast: Breakup by Country (in Kilotons), 2021-2026
Table 7: Asia Pacific: Neoprene Market: Competitive Structure
Table 8: Asia Pacific: Neoprene Market: Key Players