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Chloroprene Rubber Market Overview The global chloroprene rubber market is categorized into five regions based on geography, namely–North America, Europe, Asia Pacific, Latin America and the Middle East & Africa. Among them, the Europe accounts for around 25% market share as of 2016 and is predicted to grow with the healthy CAGR over the assessment period. Europe market is categorized into Germany, France, Italy, and U.K. Aforementioned nations are predicted to drive the demand for chloroprene rubber in the upcoming years due to presence of major automobile manufacturers, resulting in the higher consumption of chloroprene rubber. In North America, the chloroprene rubber market is predicted to grow with the highest CAGR during the assessment period, 2017 to 2023. Chloroprene rubber based adhesive formulation used in the furniture components bonding is the main area for chloroprene rubber consumption in the region. Manufacturers are shifting their focus in developing and pr...