Product Code: ETC100722 | Publication Date: Jun 2021 | Updated Date: Aug 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
South Korea Chloroprene Rubber market currently, in 2023, has witnessed an HHI of 8381, Which has increased moderately as compared to the HHI of 6671 in 2017. The market is moving towards Highly concentrated. 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 fewer numbers of players or countries exporting in the market.
The Chloroprene Rubber market in South Korea is driven by its extensive use in the automotive, construction, and industrial sectors. Known for its excellent chemical stability and flexibility, this synthetic rubber is crucial for manufacturing various products like hoses, belts, and gaskets.
The South Korean chloroprene rubber market is expanding with automotive components, industrial adhesives, and construction materials. Chloroprene rubber offers weather resistance, durability, and chemical stability in automotive seals, adhesive bonding, and architectural applications, supporting manufacturing durability, and product performance in challenging environmental conditions.
Balancing demand from automotive and industrial sectors, managing price volatility in raw materials, and addressing environmental concerns related to production pose challenges for the chloroprene rubber market in South Korea.
In South Korea, government policies impacting the chloroprene rubber market primarily address polymer regulations, industrial standards, and environmental sustainability. Regulations govern the production, importation, and use of chloroprene rubber, synthetic elastomers, and specialty polymers for automotive, construction, and industrial applications to ensure material integrity, product safety, and regulatory compliance. Government agencies oversee polymer certifications, enforce environmental standards, and promote sustainable manufacturing practices to mitigate environmental impact and enhance market competitiveness. Policies also support polymer recycling initiatives, material science research, and industry collaborations to develop advanced chloroprene rubber formulations, improve product performance, and drive growth in the chloroprene rubber market in South Korea.
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 South Korea Chloroprene rubber Market Overview |
3.1 South Korea Country Macro Economic Indicators |
3.2 South Korea Chloroprene rubber Market Revenues & Volume, 2020 & 2027F |
3.3 South Korea Chloroprene rubber Market - Industry Life Cycle |
3.4 South Korea Chloroprene rubber Market - Porter's Five Forces |
3.5 South Korea Chloroprene rubber Market Revenues & Volume Share, By Grade, 2020 & 2027F |
3.6 South Korea Chloroprene rubber Market Revenues & Volume Share, By Application, 2020 & 2027F |
4 South Korea Chloroprene rubber Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing demand from end-use industries such as automotive, construction, and electronics |
4.2.2 Technological advancements in production processes leading to increased efficiency and product quality |
4.2.3 Favorable government regulations supporting the use of chloroprene rubber in various applications |
4.3 Market Restraints |
4.3.1 Fluctuating raw material prices impacting production costs |
4.3.2 Competition from alternative rubber products such as nitrile rubber and ethylene propylene diene monomer (EPDM) |
4.3.3 Environmental concerns related to the production and disposal of chloroprene rubber |
5 South Korea Chloroprene rubber Market Trends |
6 South Korea Chloroprene rubber Market, By Types |
6.1 South Korea Chloroprene rubber Market, By Grade |
6.1.1 Overview and Analysis |
6.1.2 South Korea Chloroprene rubber Market Revenues & Volume, By Grade, 2018 - 2027F |
6.1.3 South Korea Chloroprene rubber Market Revenues & Volume, By Linear, 2018 - 2027F |
6.1.4 South Korea Chloroprene rubber Market Revenues & Volume, By Cross-linked, 2018 - 2027F |
6.1.5 South Korea Chloroprene rubber Market Revenues & Volume, By Sulfur Modified, 2018 - 2027F |
6.1.6 South Korea Chloroprene rubber Market Revenues & Volume, By Crystallizing Resistant, 2018 - 2027F |
6.1.7 South Korea Chloroprene rubber Market Revenues & Volume, By Others, 2018 - 2027F |
6.2 South Korea Chloroprene rubber Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 South Korea Chloroprene rubber Market Revenues & Volume, By Automobile, 2018 - 2027F |
6.2.3 South Korea Chloroprene rubber Market Revenues & Volume, By Construction, 2018 - 2027F |
6.2.4 South Korea Chloroprene rubber Market Revenues & Volume, By Furniture, 2018 - 2027F |
6.2.5 South Korea Chloroprene rubber Market Revenues & Volume, By Textiles, 2018 - 2027F |
6.2.6 South Korea Chloroprene rubber Market Revenues & Volume, By Others, 2018 - 2027F |
7 South Korea Chloroprene rubber Market Import-Export Trade Statistics |
7.1 South Korea Chloroprene rubber Market Export to Major Countries |
7.2 South Korea Chloroprene rubber Market Imports from Major Countries |
8 South Korea Chloroprene rubber Market Key Performance Indicators |
8.1 Research and development investment in new chloroprene rubber formulations |
8.2 Percentage of chloroprene rubber used in high-growth sectors like automotive and electronics |
8.3 Adoption rate of eco-friendly production practices in chloroprene rubber manufacturing |
8.4 Number of patents filed for innovations in chloroprene rubber technology |
8.5 Compliance with industry standards and certifications for quality and safety |
9 South Korea Chloroprene rubber Market - Opportunity Assessment |
9.1 South Korea Chloroprene rubber Market Opportunity Assessment, By Grade, 2020 & 2027F |
9.2 South Korea Chloroprene rubber Market Opportunity Assessment, By Application, 2020 & 2027F |
10 South Korea Chloroprene rubber Market - Competitive Landscape |
10.1 South Korea Chloroprene rubber Market Revenue Share, By Companies, 2020 |
10.2 South Korea Chloroprene rubber Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |