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Showing posts with the label Neoprene Market Share

Neoprene Market Research Report, Upcoming Trends, Demand, Regional Analysis and Forecast 2024

The  global neoprene market  size reached a volume of 384 kilotons in 2018. Looking forward, the global neoprene market is expected to reach a volume of 498 kilotons by 2024 exhibiting a CAGR of around 4% during 2019-2024. Neoprene is a synthetic rubber that is produced by the polymerization of chloroprene in dry rubber (rigid) and latex forms. It offers high tensile strength, low gas permeability, superior combustion behavior and resistance against oil, flame and temperature. It is widely utilized in the manufacturing of hose and seat covers, laptop sleeves, vibration mounts, shock absorber seals, steering components, and windshield wipers. It also finds applications in electrical insulation, cushioning of electrical ducts and wires, and sealing strips for doors and windows. Request for a free sample copy of this report:  https://www.imarcgroup.com/neoprene-market/requestsample The increasing construction activities around the world represent one of the key...

Global Neoprene Market: Rising Demand from the Automotive Industry Supporting Growth

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Neoprene , also known as chloroprene rubber or polychloroprene, is a type of foamed synthetic rubber made through the polymerization of chloroprene. It exhibits a high level of chemical inertness, mechanical strength, low flammability, along with superior thermal, oil, water, and solvent resistance. On account of these beneficial properties, neoprene can be used as a raw material in the production of adhesives, conveyor belts, molded goods and cables. When compared to natural rubber, neoprene offers better gas permeation resistant and has better tolerance towards high temperatures up to 200 degrees Fahrenheit (F). Moreover, it is easier to produce and is preferred in applications where improved material properties are required. Neoprene first came into existence during the 1930s when an increase in the demand for natural rubber led to the discovery of its synthetic equivalent. Wallace Carothers, a chemist in the fundamental research group of DuPont, discovered neoprene during a p...