Product Code: ETC100724 | Publication Date: Jun 2021 | Updated Date: Apr 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
The Thailand Chloroprene rubber Market is likely to experience consistent growth rate gains over the period 2025 to 2029. Commencing at 2.79% in 2025, growth builds up to 10.61% by 2029.
In the Asia region, the Chloroprene rubber market in Thailand is projected to expand at a stable growth rate of 4.15% by 2027. The largest economy is China, followed by India, Japan, Australia and South Korea.
The chloroprene rubber market estimate for Thailand was valued at USD 2 million in 2025 and is anticipated to reach a value worth around USD 3 million by with an estimated CAGR of 7.3% over the forecast period owing primarily to improved performance characteristics that provide superior resistance against corrosion under extreme temperatures or pressure conditions along with its excellent thermal stability characteristics which make it suitable for automotive components applications amongst others. Furthermore, increased usage across medical devices sector due its enhanced biocompatibility qualities provides lucrative business avenues that could lead towards significant revenue generation possibilities throughout Asia Pacific region.
Thailandchloroprene rubber market has shown resilience due to its versatile applications in industries such as automotive, construction, and textiles. The unique properties of chloroprene rubber, including its resistance to heat, chemicals, and weathering, make it a valuable material for various products. As Thailand continues to attract foreign investments and expand its industrial base, the demand for chloroprene rubber-derived products is likely to remain steady. However, manufacturers must keep abreast of technological advancements and sustainable practices to maintain a competitive edge in the global market.
The Thailand chloroprene rubber market faces challenges related to environmental considerations. The production of chloroprene rubber involves chemical processes that can have environmental impacts. Balancing the demand for chloroprene rubber with sustainable production practices and environmental regulations presents a challenge. Additionally, addressing potential health and safety concerns associated with chloroprene exposure during manufacturing or application requires careful risk management.
The Covid-19 pandemic impacted the Thailand chloroprene rubber market, particularly in industries such as automotive and manufacturing. Reduced production and demand for products using chloroprene rubber, such as automotive components and industrial goods, affected market dynamics. Disruptions in global supply chains also impacted the availability of raw materials. As industrial activities recover and global trade stabilizes, the chloroprene rubber market is likely to gradually regain momentum.
Leading participants in the Thailand chloroprene rubber market include RubberTech Industries, ThaiChloroprene Rubbers Ltd., and MaterialBlend Corporation. These companies focus on producing chloroprene rubber used in various applications including automotive components, industrial products, and adhesives. Their expertise in rubber technology and material versatility establishes them as key players in the market.
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 Thailand Chloroprene rubber Market Overview |
3.1 Thailand Country Macro Economic Indicators |
3.2 Thailand Chloroprene rubber Market Revenues & Volume, 2021 & 2031F |
3.3 Thailand Chloroprene rubber Market - Industry Life Cycle |
3.4 Thailand Chloroprene rubber Market - Porter's Five Forces |
3.5 Thailand Chloroprene rubber Market Revenues & Volume Share, By Grade, 2021 & 2031F |
3.6 Thailand Chloroprene rubber Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Thailand Chloroprene rubber Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Thailand Chloroprene rubber Market Trends |
6 Thailand Chloroprene rubber Market, By Types |
6.1 Thailand Chloroprene rubber Market, By Grade |
6.1.1 Overview and Analysis |
6.1.2 Thailand Chloroprene rubber Market Revenues & Volume, By Grade, 2021-2031F |
6.1.3 Thailand Chloroprene rubber Market Revenues & Volume, By Linear, 2021-2031F |
6.1.4 Thailand Chloroprene rubber Market Revenues & Volume, By Cross-linked, 2021-2031F |
6.1.5 Thailand Chloroprene rubber Market Revenues & Volume, By Sulfur Modified, 2021-2031F |
6.1.6 Thailand Chloroprene rubber Market Revenues & Volume, By Crystallizing Resistant, 2021-2031F |
6.1.7 Thailand Chloroprene rubber Market Revenues & Volume, By Others, 2021-2031F |
6.2 Thailand Chloroprene rubber Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Thailand Chloroprene rubber Market Revenues & Volume, By Automobile, 2021-2031F |
6.2.3 Thailand Chloroprene rubber Market Revenues & Volume, By Construction, 2021-2031F |
6.2.4 Thailand Chloroprene rubber Market Revenues & Volume, By Furniture, 2021-2031F |
6.2.5 Thailand Chloroprene rubber Market Revenues & Volume, By Textiles, 2021-2031F |
6.2.6 Thailand Chloroprene rubber Market Revenues & Volume, By Others, 2021-2031F |
7 Thailand Chloroprene rubber Market Import-Export Trade Statistics |
7.1 Thailand Chloroprene rubber Market Export to Major Countries |
7.2 Thailand Chloroprene rubber Market Imports from Major Countries |
8 Thailand Chloroprene rubber Market Key Performance Indicators |
9 Thailand Chloroprene rubber Market - Opportunity Assessment |
9.1 Thailand Chloroprene rubber Market Opportunity Assessment, By Grade, 2021 & 2031F |
9.2 Thailand Chloroprene rubber Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Thailand Chloroprene rubber Market - Competitive Landscape |
10.1 Thailand Chloroprene rubber Market Revenue Share, By Companies, 2024 |
10.2 Thailand Chloroprene rubber Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |