Product
Chloroprene Rubber Price Trend and Forecast
Chloroprene Rubber Price Trend and Forecast
Regional Price Overview
Get the latest insights on price movement and trend analysis of Chloroprene Rubber in different regions across the world (Asia, Europe, North America, Latin America, and the Middle East & Africa).
For the First Half of 2022
Asia
The price trends for chloroprene rubber, commonly known as neoprene, remained strong throughout the first half of 2022. The inflated costs of feedstock butadiene and the soaring transport costs due to the resurgence of covid cases in China kept the rubber prices high. The prices of butadiene averaged around 11000 RMB/MT in North China. In June, the price of neoprene-Guangdong CR121 averaged 43250 RMB/MT.
Europe
The crude oil prices soared to an unprecedented level due to the Russia-Ukraine confrontation, triggering an economic backlash in Europe and giving rise to double-digit inflation. The price of feedstock Butadiene averaged around 1350 USD/MT FD Hamburg. With the high feedstock prices and strong pricing globally, the prices of chloroprene rubber increased by 7.3%.
North America
The prices of chloroprene rubber soared throughout the first half of the said year owing to the inflated prices, supply shortages, lack of skilled labour and robust demand from rubber and automotive industries. The price trends of chloroprene rubber recorded a hike of 4.5% ( approx.) during the said period.
Procurement Resource provides latest prices of Chloroprene Rubber. Each price database is tied to a user-friendly graphing tool dating back to 2014, which provides a range of functionalities: configuration of price series over user defined time period; comparison of product movements across countries; customisation of price currencies and unit; extraction of price data as excel files to be used offline.
About
Chloroprene Rubber (CR) is a synthetic rubber that is also known as Neoprene. The properties of CR are well-balanced and include good chemical stability and utility over a broad temperature range. It exhibits good resistance to ozone cracking, heat ageing, and chemical attack because of its low reactivity. For instance, it has only moderate or poor resistance to acids, solvents, and fuels, but good resistance to many chlorofluorocarbons, aliphatic hydrocarbons, mineral oils, greases, and ozone.
Product Details:
| Report Features | Details |
| Product Name | Chloroprene Rubber |
| HS CODE | 40024900 |
| CAS Number | 9010-98-4 |
| Industrial Uses | Fire protection accessories, Aerospace, Mobile technology, Food Equipment (FDA-approved rubber), Stainless Steel, Medical and Healthcare |
| Chemical Formula | C4H5Cl |
| Synonyms | Neoprene |
| Molecular Weight | 88.53 g/mol |
| Supplier Database | Denka Group, DuPont Performance Elastomers, Dow Chemical Company, Showa Denko K.K., Lanxess AG |
| Region/Countries Covered | Asia Pacific: China, India, Indonesia, Pakistan, Bangladesh, Japan, Philippines, Vietnam, Iran, Thailand, South Korea, Iraq, Saudi Arabia, Malaysia, Nepal, Taiwan, Sri Lanka, UAE, Israel, Hongkong, Singapore, Oman, Kuwait, Qatar, Australia, and New Zealand Europe: Germany, France, United Kingdom, Italy, Spain, Russia, Turkey, Netherlands, Poland, Sweden, Belgium, Austria, Ireland Switzerland, Norway, Denmark, Romania, Finland, Czech Republic, Portugal and Greece North America: United States and Canada Latin America: Brazil, Mexico, Argentina, Columbia, Chile, Ecuador, and Peru Africa: South Africa, Nigeria, Egypt, Algeria, Morocco |
| Currency | US$ (Data can also be provided in local currency) |
| Supplier Database Availability | Yes |
| Customization Scope | The report can be customized as per the requirements of the customer |
| Post-Sale Analyst Support | 360-degree analyst support after report delivery |
Note: Our supplier search experts can assist your procurement teams in compiling and validating a list of suppliers indicating they have products, services, and capabilities that meet your company's needs.
Production Processes
- Production of Chloroprene Rubber from Butadiene and Chlorine; from Chloroprene, Water and Sulphur
A butadiene chlorination in the vapour phase is followed by the polymerization of a free-radical emulsion in the integrated process. First, 1,4-dichloro-2-butene and 3,4-dichloro-1-butene are formed by chlorinating butadiene. After that, 3,4-dichloro-1-butene isomers are produced from the 1,4-dichloro-2-butene isomers, which are then further dehydrochlorinated. Caustic soda facilitates the dehydrochlorination, which results in the production of sodium chloride and chloroprene. Chloroprene rubber is the end result of the polymerization process that the produced chloroprene goes through.
Methodology
The displayed pricing data is derived through weighted average purchase price, including contract and spot transactions at the specified locations unless otherwise stated. The information provided comes from the compilation and processing of commercial data officially reported for each nation (i.e. government agencies, external trade bodies, and industry publications).
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