Product Code: ETC100733 | Publication Date: Jun 2021 | Updated Date: Apr 2025 | Product Type: Report | |
Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 |
The Myanmar Chloroprene rubber Market is projected to witness mixed growth rate patterns during 2025 to 2029. Starting at -0.07% in 2025, the market peaks at 0.13% in 2028, and settles at 0.12% by 2029.
The Chloroprene rubber market in Myanmar is projected to grow at a stable growth rate of 0.11% by 2027, highlighting the country's increasing focus on advanced technologies within the Asia region, where China holds the dominant position, followed closely by India, Japan, Australia and South Korea, shaping overall regional demand.
The chloroprene rubber market in Myanmar is seeing increased demand due to its applications in the automotive, construction, and adhesive industries. Known for its durability, resistance to chemicals, and flexibility, chloroprene rubber is essential for producing hoses, belts, and gaskets. The burgeoning automotive and construction sectors in Myanmar are key drivers of market growth, enhancing the demand for high-performance synthetic rubbers.
Chloroprene rubber (CR) finds extensive usage in the production of automotive parts, industrial hoses, and adhesives in Myanmar. The market growth is driven by the expanding automotive and construction sectors, where CR is preferred for its excellent resistance to oil, heat, and weathering. Additionally, the increasing demand for CR-based adhesives and sealants in manufacturing and construction applications further boosts market growth.
Price volatility of raw materials and competition from synthetic rubber alternatives could be significant challenges for the chloroprene rubber market. Developing cost-effective production methods and expanding into niche applications may help overcome these obstacles.
In the chloroprene rubber market in Myanmar, government policies focus on promoting the sustainable production and use of chloroprene rubber while minimizing its environmental impact. The government encourages investment in technologies that reduce energy consumption and emissions in chloroprene rubber manufacturing processes. Additionally, there are regulations in place to control the import and distribution of chloroprene rubber to prevent market manipulation and ensure fair competition among industry players.
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 Myanmar Chloroprene rubber Market Overview |
3.1 Myanmar Country Macro Economic Indicators |
3.2 Myanmar Chloroprene rubber Market Revenues & Volume, 2021 & 2031F |
3.3 Myanmar Chloroprene rubber Market - Industry Life Cycle |
3.4 Myanmar Chloroprene rubber Market - Porter's Five Forces |
3.5 Myanmar Chloroprene rubber Market Revenues & Volume Share, By Grade, 2021 & 2031F |
3.6 Myanmar Chloroprene rubber Market Revenues & Volume Share, By Form, 2021 & 2031F |
4 Myanmar Chloroprene rubber Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Myanmar Chloroprene rubber Market Trends |
6 Myanmar Chloroprene rubber Market, By Types |
6.1 Myanmar Chloroprene rubber Market, By Grade |
6.1.1 Overview and Analysis |
6.1.2 Myanmar Chloroprene rubber Market Revenues & Volume, By Grade, 2021-2031F |
6.1.3 Myanmar Chloroprene rubber Market Revenues & Volume, By Linear, 2021-2031F |
6.1.4 Myanmar Chloroprene rubber Market Revenues & Volume, By Cross-linked, 2021-2031F |
6.1.5 Myanmar Chloroprene rubber Market Revenues & Volume, By Sulfur Modified, 2021-2031F |
6.1.6 Myanmar Chloroprene rubber Market Revenues & Volume, By Crystallizing Resistant, 2021-2031F |
6.1.7 Myanmar Chloroprene rubber Market Revenues & Volume, By Others, 2021-2031F |
6.2 Myanmar Chloroprene rubber Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Myanmar Chloroprene rubber Market Revenues & Volume, By Automobile, 2021-2031F |
6.2.3 Myanmar Chloroprene rubber Market Revenues & Volume, By Construction, 2021-2031F |
6.2.4 Myanmar Chloroprene rubber Market Revenues & Volume, By Furniture, 2021-2031F |
6.2.5 Myanmar Chloroprene rubber Market Revenues & Volume, By Textiles, 2021-2031F |
6.2.6 Myanmar Chloroprene rubber Market Revenues & Volume, By Others, 2021-2031F |
7 Myanmar Chloroprene rubber Market Import-Export Trade Statistics |
7.1 Myanmar Chloroprene rubber Market Export to Major Countries |
7.2 Myanmar Chloroprene rubber Market Imports from Major Countries |
8 Myanmar Chloroprene rubber Market Key Performance Indicators |
9 Myanmar Chloroprene rubber Market - Opportunity Assessment |
9.1 Myanmar Chloroprene rubber Market Opportunity Assessment, By Grade, 2021 & 2031F |
9.2 Myanmar Chloroprene rubber Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Myanmar Chloroprene rubber Market - Competitive Landscape |
10.1 Myanmar Chloroprene rubber Market Revenue Share, By Companies, 2024 |
10.2 Myanmar Chloroprene rubber Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |