Top 9 Neoprene Manufacturers in the World

The global neoprene market reached a volume of 435.0 Kilotons in 2023. As per the analysis by IMARC Group, the leading companies in the neoprene industry are tackling rising demands on account of the rising applications of neoprene in the construction industry for structural sealing and waterproofing purposes. They are also diversifying into new industries, improving polymer solutions for existing businesses, and providing a better experience to their clients with high-quality neoprene. Key manufacturers are planning strategic collaborations with leading plastic, insulation, and rubber product suppliers to boost their sales and expand their business operations. They are also focusing on research and development (R&D) activities to improve and increase the production of neoprene to fulfill the high demands. In addition, key market players are taking the assistance of online portals to conduct business operations, connect with a greater number of customers, and boost their sales. Furthermore, leading manufacturers are investing in expanding their production facilities to increase their annual neoprene production. Looking forward, the market volume is expected to reach 552.8 Kilotons by 2032, growing at a CAGR of 2.6% during the forecast period (2024-2032).

Learn about opportunities, challenges, and trends in the global Neoprene market with IMARC’s market research report. Try a free sample today!

List of Top Manufacturers Operating in the Neoprene Industry:

The global neoprene market has several major players, including Denka Company Limited, Lanxess AG, Resonac Holdings Corporation, Tosoh Corporation, Zenith Industrial Rubber Products Private Limited, BGK GmbH ENDLOSBAND, Pidilite Industries Ltd., Covestro AG, and Asahi Kasei Corporation. More information about these companies has been provided below.

1. Denka Company Limited

Denka Company Limited has been focusing on building rich lives and contributing to society through chemical manufacturing. It offers elastomers and infrastructure solutions by utilizing the carbide chain in place and supporting safe and secure lives with a wide range of organic and inorganic technologies, including elastomers, cement, and special admixtures employed for infrastructure building, along with fertilizers for agriculture and corrugated pipes. It also specializes in providing polymer solutions and producing a wide array of rapid testing kits that are necessary for the diagnosis and treatment of various life-threatening diseases.

2. Lanxess AG

Lanxess AG is a leading specialty chemical manufacturing company that focuses on the production and marketing of a wide variety of chemical intermediates, additives, consumer protection products, and specialty additives. It relies on artificial intelligence (AI) while manufacturing novel products to reduce development times for its customers. It is also a leading manufacturer of biocidal active ingredients and formulations and offers a wide range of products for numerous applications. The company is continuously investing in research and development (R&D) of innovative products to fulfill the demand and specific requirements of its customers. Furthermore, its manufacturing administration and logistics processes are designed efficiently with a focus on improving performance.

3. Resonac Holdings Corporation

Resonac Holdings Corporation was formed after Showa Denko K.K. and Showa Denki Materials CO., Ltd (formerly known as Hitachi Chemical Co., Ltd.) merged and transformed themselves. The company focuses on the manufacturing of electronics, mobility solutions, high-performance materials, olefins and derivatives, basic chemicals, graphite, resins, adhesives, specialty chemical materials, and aluminum products. It also specializes in the production of automotive products and a wide variety of industrial gases, elastomers, sodium cyanide, caustic soda, liquid chlorine, chloroprene, and chelate materials.

4. Tosoh Corporation

Tosoh Corporation is the holding company of a specialty and chemical products and materials group that focuses on building balanced product lines of commodity chemicals for industry and specialty products for high technology and niche markets. It specializes in chemical and petrochemical, construction, automotive, consumer electronics, information technology (IT), bioscience, and environmental markets. It offers a wide variety of advanced materials, such as battery materials, fabricated quartz ware, silica glass, zeolite for catalysts, zirconia powders and fine beads, and zirconia injection mold compounds. It also manufactures cement, chlor-alkali, olefins, various organic chemicals, polymers, and polyurethanes. The company is also a supplier of chromatic columns, media, and sophisticated diagnostic systems.

5. Zenith Industrial Rubber Products Private Limited

Zenith Industrial Rubber Products Private Limited is the largest manufacturer and exporter of technical and commercial rubber sheeting, wear-resistant rubber sheeting, anti-skid rubber flooring, and custom molded and extruded products and coated fibers. The company is a star government-recognized export house and has excellent infrastructure for research and development facilities. It has built state-of-the-art manufacturing, with a newly built compounding unit that is entirely automated and dust free to produce consistent and quality products.

6. BGK GmbH ENDLOSBAND

BGK GmbH ENDLOSBAND is one of the few manufacturers in the world with the expertise needed to produce truly endless belts. The company utilizes various innovative machines which are developed by its own engineers and built by its in-house mechanical engineering department to ensure all equipment fulfills the specifications and various highly specialized requirements of its customers. Furthermore, the company focuses on the manufacturing and distribution of polyurethane, neoprene, and silicone of high quality.

7. Pidilite Industries Ltd.

Pidilite Industries Ltd. is a pioneer in consumer and specialty chemicals in India that is committed to quality and innovation. The company has been pioneering products for small- and large-scale applications, at home and in industry, which have forged strong bonds with customers. It specializes in the production and distribution of adhesives, sealants, waterproofing solutions and construction chemicals, arts and crafts materials, industrial resins, polymers, and various other products.

8. Covestro AG

 
Covestro AG is one of the leading suppliers of premium polymers that focuses on developing materials and application solutions appropriate for modern life. The company manufactures 3D paints, adhesives, coatings, paints, inks, elastomers, films, foams, and thermoplastics. It provides a wide array of services and products in numerous industries, including automotive, energy, construction and architectural, electronics, appliances, and telecom, healthcare, and agricultural sectors.

9. Asahi Kasei Corporation

Asahi Kasei Corporation specializes in reinforcing aspects of sustainability and contributes to a sustainable society by providing solutions to the challenges of the world via business development and innovation. The company focuses on the manufacturing and production of acrylonitrile, separator membranes, and alkaline water electrolysis systems. It also strives to improve the lives of people by supplying an abundance of the highest-quality daily necessities for the most affordable prices.

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