Neoprene Market Neoprene Market Size Worth USD 2,759.69 Million by 2034 | CAGR: 3.1% “Neoprene Market Size, Share, Trends, & Industry Analysis Report: By Grade, By Application (Latex, Elastomers, and Adhesives), By End Use, and By Region – Market Forecast, 2025–2034”
Neoprene Market The neoprene market size is expected to reach USD 2,759.69 million by 2034. The shift toward sustainable and eco-conscious products is driving demand for greener versions of neoprene. Traditional neoprene has environmental drawbacks, but manufacturers are now developing bio-based or recycled neoprene using limestone or other low-impact materials. Brands in fashion, sports, and outdoor gear increasingly promote eco-neoprene to appeal to environmentally aware consumers. Press Release: https://www.polarismarketresearch.com/pressreleases/neoprene-market
Neoprene Market Key Market Players : • • • • • • • • •
Ansell ARIAPRENE (Tiong Liong Industrial Co., Ltd) Denka Company Limited Guangzhou Huaxing Sports Goods Co. Ltd. Macro Products, Inc. Mueller Sports Medicine Neoprene Craft Hub Pidilite Industries YuHuang Chemical
Neoprene Market Report Attributes
Details
Market Size Value in 2024
USD 2,027.89 Million
Market Size Value in 2025
USD 2,089.98 Million
Revenue Forecast by 2034
USD 2,759.69 Million
CAGR
3.1% from 2025 to 2034
Base Year
2024
Historical Data
2020–2023
Forecast Period
2025–2034
Quantitative Units
Volume in Kilo Tons, Revenue in USD Million and CAGR from 2025 to 2034
Report Coverage
Revenue Forecast, Volume Forecast, Competitive Landscape, Growth Factors, and Industry Trends
Neoprene Market Neoprene Market Report Highlights: • By application, in 2024, the elastomer segment recorded the largest market share as it utilizes neoprene’s natural flexibility, strength, and resilience. • The automotive segment, by end use, is expected to record significant growth during the forecast period due to the material’s reliability and resistance to oil, heat, and wear. • In 2024, the Asia Pacific neoprene market dominated with the largest share, driven by rapid industrialization, infrastructure development, and strong manufacturing growth across countries such as China, Japan, and South Korea.
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