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Neoprene Market 2019 | Enhancing Huge Growth and Latest Trends by Top Players

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A new research report by IMARC Group, titled “ Neoprene Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2019-2024 ”, estimates that the global neoprene market reached a volume of 384 kilotons in 2018. First manufactured by DuPont in 1930, neoprene is a synthetic rubber that is produced by the polymerization of chloroprene. Highly resistant to water, oils, solvents and heat, neoprene is chemically stable and flexible over a wide range of temperatures. Unlike natural rubber, neoprene maintains its integrity even at extremely high temperatures, which helps in increasing the shelf life of neoprene-based products. In addition, it does not degrade when exposed to sunlight and provides excellent adhesion to fabrics and metals. As a result, neoprene is employed in a variety of products such as laptop sleeves, orthopedic braces, electrical insulation, hoses, belts, springs, flexible mounts, gaskets, adhesives and automotive fan belts.   ...