Global demand for chloropropene is expected to maintain a stable growth trend
2023/9/18
Analysis of the market size of chloropropene
Chloropropene is an organic compound with the chemical formula C4H5Cl. It is a colorless liquid with a rubber like odor. Chloropropene is obtained from chlorinated propylene and is mainly used in the rubber industry, widely used in the synthesis of chloroprene rubber (also known as chloroprene rubber). Market analysis of the chloropropene industry: In 2018, the global chloropropene market reached 2.244 billion US dollars, and it is expected to increase to 3.114 billion US dollars by 2023, an increase of 39.1% compared to 2018; During the same period, the global chloropropene market developed at a rate 37.2% higher than the world economic growth rate, and the overall market development situation was good.
Market analysis of the chloropropene industry. From the perspective of global chloropropene market sales, in 2018, the European market accounted for $793 million, accounting for 35.4% of the global chloropropene market. Both domestic and international market shares have significantly increased compared to 2017, followed by China. In 2018, the sales volume of the Chinese chloropropene market reached $454 million, accounting for 20.2%, ranking behind Europe.
With the development of China's chloropropene industry in the future, it is inevitable that both consumption and technology will be upgraded simultaneously, in order to achieve breakthroughs in China's chloropropene industry in both consumption and technology. On the one hand, due to the impact of market consumption, it is necessary to closely monitor the production opportunities of chloropropene brought about by consumption changes; On the other hand, it lies in technological breakthroughs, especially in high-end brand production technology.
Policy Environment for Chloropropene Market
In recent years, the government has focused on improving the environment for enterprise development, and various policy efforts have significantly increased. For example, by reducing policy regulations on the chloropropene industry, simplifying the approval process, and improving the competitiveness of enterprises, reducing the taxable tax rates of products related to the chloropropene industry, and improving the production efficiency of enterprises; Update technical standards and strengthen the pursuit of product quality to enhance the core competitiveness of the enterprise; Increase subsidies to improve the comprehensive strength of enterprises.
Technical Environment of Chloropropene Market
The technological progress and innovation of the chloropropene industry have played a crucial role in the development of the industry, and the technology of the entire industry is steadily improving. The core of technological development can be research and development investment initiated by enterprises investing a large amount of funds, or through internal technology transfer methods within the industry; Secondly, in order to improve the technological level of enterprises, many enterprises have started to cooperate with technology research and development institutions to further enhance their technological level.
Analysis of market demand for chloropropene
Tire industry: Neoprene rubber is one of the key raw materials for tire manufacturing, with a huge demand for chloropropene. With the development of the global automotive industry and the increasing demand for tires, the application of chloropropene in tire manufacturing will continue to increase.
Industrial products: Market analysis of the chloropropene industry mentions that chloroprene rubber is widely used in various industrial products, such as conveyor belts, seals, rubber pipes, and rubber pads. These products are in demand in industries such as construction, petrochemical, and mechanical manufacturing, further driving the demand in the chloropropene market.
Construction and building materials industry: Chloropropene is also used in the production of building materials such as waterproof rolls, fireproof coatings, and structural adhesives. With the acceleration of urbanization and the rapid development of the real estate industry, the demand for these building materials is also increasing, which has driven the demand for chloropropene in the market.
Chemical production: Chloropropene is also a raw material for synthesizing important chemicals such as sodium acrylate and acrylonitrile. These chemicals are widely used in fields such as textiles, coatings, plastic processing, and water treatment, resulting in a corresponding increase in demand for chloropropene.
Overall, the demand for chloropropene in the market mainly comes from the tire industry, industrial products, construction and building materials industries, as well as chemical production and other fields. With the continuous development of the global economy and the advancement of industrialization, the demand for chloropropene is expected to maintain a stable growth trend.
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