No

A thermoplastic elastomer.

No.

Elastomer = possesses elasticity. As with most rubbers, neoprene is an elastomer.

Thermoplastic = can be melted and re-formed. Neoprene is a thermoset material, which means that it will chemically degrade instead of melting.

yes

There is a huge range of elastomer products that are put to use in different industries. Like for example, in the automobile industry, elastomer products like ball joints and anti-vibration mounts are used. Annular blowout preventer packing unit, annular blowout seal kits, ram blowout spare parts, pipe wipers, wiper cutter assembly, drill pipe protector, tong and elevator straps and aero union tubes are some of the Elastomer productsused in the oil drilling industry.