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...