Product Code: ETC100723 | Publication Date: Aug 2023 | Updated Date: Apr 2024 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
India Chloroprene rubber Market registered a growth of 48.39% in value shipments in 2022 as compared to 2021 and an increase of 2.06% CAGR in 2022 over a period of 2017. In Chloroprene rubber Market India is becoming more competitive as the HHI index in 2022 was 4690 while in 2017 it was 5423. Herfindahl Index measures the competitiveness of exporting countries. The range lies from 0 to 10000, where a lower index number represents a larger number of players or exporting countries in the market while a large index number means less numbers of players or countries exporting in the market. India has reportedly relied more on imports to meet its growing demand in Chloroprene rubber Market.
India chloroprene rubber market is expected to grow at a CAGR of 8.6% during the forecast period. The growing demand for various applications such as automobile and footwear has been driving the growth of this market in India. Moreover, rising investments by various manufacturers for expanding their manufacturing facilities and increasing capacity is further fuelling the growth of India chloroprene rubber market.
The key drivers identified driving the growth of India chloroprene rubber market include increasing use in a variety of applications such as automotive components, medical devices, adhesives & sealants, and industrial uses; growing demand from emerging economies like China and India; easy availability with low cost; superior mechanical properties like excellent resistance to oxidation; better fatigue strength than natural rubber or styrenic block copolymer (SBC) elastomers; strong chemical compatibility with most oils and solvents are some other factors augmenting the growth of India Chloroprene Rubber Market over next five years.
Some challenges that may hinder the growth rate in India Chloroprene Rubber Market are volatile raw material prices coupled with high energy costs which could lead to potential price rises passed on to customers; stringent regulations related to safety standards imposed on manufacturers owing to its flammability properties along with high melting point range among others.
Key players operating in India Chloroprene Rubber Market include Dow Chemical Company (U.S.), Kumho Polychems Co., Ltd (South Korea), LG Chem Ltd.( South Korea), DuPont de Nemours Inc.( U.S.), Sumitomo Chemical Co., Ltd( Japan) , Asahi Kasei Corporation(Japan ), ZEON CORPORATION (Japan), Exxon Mobil Corporation (U.S.) among others
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 India Chloroprene rubber Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India Chloroprene rubber Market Revenues & Volume, 2020 & 2027F |
3.3 India Chloroprene rubber Market - Industry Life Cycle |
3.4 India Chloroprene rubber Market - Porter's Five Forces |
3.5 India Chloroprene rubber Market Revenues & Volume Share, By Grade, 2020 & 2027F |
3.6 India Chloroprene rubber Market Revenues & Volume Share, By Application, 2020 & 2027F |
4 India Chloroprene rubber Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 India Chloroprene rubber Market Trends |
6 India Chloroprene rubber Market, By Types |
6.1 India Chloroprene rubber Market, By Grade |
6.1.1 Overview and Analysis |
6.1.2 India Chloroprene rubber Market Revenues & Volume, By Grade, 2018 - 2027F |
6.1.3 India Chloroprene rubber Market Revenues & Volume, By Linear, 2018 - 2027F |
6.1.4 India Chloroprene rubber Market Revenues & Volume, By Cross-linked, 2018 - 2027F |
6.1.5 India Chloroprene rubber Market Revenues & Volume, By Sulfur Modified, 2018 - 2027F |
6.1.6 India Chloroprene rubber Market Revenues & Volume, By Crystallizing Resistant, 2018 - 2027F |
6.1.7 India Chloroprene rubber Market Revenues & Volume, By Others, 2018 - 2027F |
6.2 India Chloroprene rubber Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 India Chloroprene rubber Market Revenues & Volume, By Automobile, 2018 - 2027F |
6.2.3 India Chloroprene rubber Market Revenues & Volume, By Construction, 2018 - 2027F |
6.2.4 India Chloroprene rubber Market Revenues & Volume, By Furniture, 2018 - 2027F |
6.2.5 India Chloroprene rubber Market Revenues & Volume, By Textiles, 2018 - 2027F |
6.2.6 India Chloroprene rubber Market Revenues & Volume, By Others, 2018 - 2027F |
7 India Chloroprene rubber Market Import-Export Trade Statistics |
7.1 India Chloroprene rubber Market Export to Major Countries |
7.2 India Chloroprene rubber Market Imports from Major Countries |
8 India Chloroprene rubber Market Key Performance Indicators |
9 India Chloroprene rubber Market - Opportunity Assessment |
9.1 India Chloroprene rubber Market Opportunity Assessment, By Grade, 2020 & 2027F |
9.2 India Chloroprene rubber Market Opportunity Assessment, By Application, 2020 & 2027F |
10 India Chloroprene rubber Market - Competitive Landscape |
10.1 India Chloroprene rubber Market Revenue Share, By Companies, 2020 |
10.2 India Chloroprene rubber Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |