DUBLIN, Nov. 15, 2018 /PRNewswire/ --
The "Global Neoprene Market 2019-2023" report has been added to ResearchAndMarkets.com's offering.
The global neoprene market to grow at a CAGR of 5.55% during the period 2019-2023.
One trend in the market is innovations in neoprene. Nobel gas-infused neoprene closed-cell foams for achieving ultra-low thermal conductivity is one of the emerging trends in the market. Closed-cell foams are extensively used for insulation and thermal management of protective garments for extreme environments.
According to the report, one driver in the market is increasing number of building and construction activities. The global construction industry will post a CAGR of 3.9% during the forecast period. Growth in the construction industry is likely to increase the demand for neoprene during the forecast period Neoprene is a rubber material used in the construction industry for fire-proof insulation. electrical wiring.
Further, the report states that one challenge in the market is fluctuating crude oil prices. For end-use industries, price is one of the key deciding factors for selecting materials.
Market Trends
- Innovations in Neoprene
- Increasing Demand for Medical Gloves
- Expansion of Chloroprene Production Capacities
Key Vendors
- Denka
- Lanxess
- Showa Denko
- Tosoh
- Zenith Rubber
Key Topics Covered
1. Executive Summary
2. Scope of the Report
3. Market Landscape
4. Market Sizing
5. Five Forces Analysis
6. Market Segmentation by Application
7. Customer Landscape
8. Market Segmentation by End-User
9. Geographic Landscape
10. Decision Framework
11. Drivers and Challenges
12. Market Trends
13. Vendor Landscape
14. Vendor Analysis
For more information about this report visit https://www.researchandmarkets.com/research/6lx93w/global_neoprene?w=5
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SOURCE Research and Markets
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