The Europe neoprene market size reached USD 367.0 Million in 2024. Looking forward, IMARC Group expects the market to reach USD 432.2 Million by 2033, exhibiting a growth rate (CAGR) of 1.74% during 2025-2033.
Report Attribute
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Key Statistics
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Base Year
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2024
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Forecast Years
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2025-2033
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Historical Years
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2019-2024
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Market Size in 2024 | USD 367.0 Million |
Market Forecast in 2033 | USD 432.2 Million |
Market Growth Rate (2025-2033) | 1.74% |
Neoprene is a synthetic polymer produced by the radical polymerization of chloroprene. It offers high tensile strength and prevents degradation from damage caused by the sun, ozone and weather. Moreover, it exhibits remarkable chemical stability, maintains flexibility, and can tolerate temperatures up to 250 degrees Fahrenheit. Consequently, it is used as a substitute for natural latex rubber.
The market growth can be primarily attributed to the extensive utilization of neoprene in the manufacturing and automotive industries across Europe. Apart from this, as it resists physical damages to twisting and flexing, its demand is escalating in the region. Furthermore, the increasing population, along with the strong economy, are also positively influencing the growth of the neoprene market. However, the sudden coronavirus disease outbreak (COVID-19) and lockdowns imposed in different countries of the region have temporarily impacted the production of neoprene across various manufacturing units. This can also be accredited to hindrances caused in international trade on account of the pandemic. The market is anticipated to experience an increase in sales once lockdown relaxations are introduced by governing agencies.
IMARC Group provides an analysis of the key trends in each segment of the Europe neoprene market report, along with forecasts at the regional and country levels from 2025-2033. Our report has categorized the market based on manufacturing route, grade, application and end user.
Breakup by Manufacturing Route:
Breakup by Grade:
Breakup by Application:
Breakup by End User:
Breakup by Country:
The competitive landscape of the industry has also been examined along with the profiles of the key players.
Report Features | Details |
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Base Year of the Analysis | 2024 |
Historical Period | 2019-2024 |
Forecast Period | 2025-2033 |
Units | Million USD |
Scope of the Report | Exploration of Historical and Forecast Trends, Industry Catalysts and Challenges, Segment-Wise Historical and Predictive Market Assessment:
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Manufacturing Routes Covered | Butadiene Route, Acetylene Route |
Grades Covered | General-Purpose Grade Neoprene, Pre-Crosslinked Grade Neoprene, Sulfer-Modified Grade Neoprene, Slow Crystallizing Grade Neoprene |
Applications Covered | Technical Rubber, Adhesives Industry, Latex Industry |
End Users Covered | Automotive, Manufacturing, Consumer Goods, Medical |
Countries Covered | Germany, France, United Kingdom, Italy, Spain, Others |
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: