Due to the growing demand in industries such as industrial rubber products, adhesives and automobiles, the global market demand for chloroprene rubber will reach 445,300 tons in 2017, especially in developing markets such as Asia Pacific and Latin America.

Chloroprene rubber has the characteristics of high elasticity and solvent resistance. It also has excellent properties such as heat resistance, ozone resistance, atmospheric aging resistance and can be used in organic peroxide environments. It can be used as hoses and automotive parts belts, wires, construction rubber products and general industrial materials.

In recent years, the demand for chloroprene rubber in general industrial products and automotive parts has been growing, especially in Asia. It is predicted that the Asia-Pacific region will become the fastest growing region in the world's chloroprene rubber market, with an average annual growth rate of more than 3.0% by 2017, of which adhesive use will account for the largest share of chloroprene rubber demand.