Rubber Additives Market report has explained the breakdown and estimations of important industry trends, market drivers, market restraints, market size, market share, and sales volume. The report is just the resource that players need to strengthen their overall growth and exhibit a strong position in the global market. The report focuses on a number of factors such as the general market conditions, trends, key players, and geographical analysis. The report analyzes the general market conditions and rubber additives market demand, investment, costing, market insights. The report throws light on the most recent improvements, market share, as well as segmentation by type, application, key players, and regions. Several critical aspects studied in the report include consumption, revenue, sales, production, trends, opportunities, geographic expansion, competition, segmentation, growth drivers, and challenges.

What is Rubber Additives Industry? 

Rubber additives are materials added to rubber during the manufacturing process to improve its properties and performance. The rubber additives industry is a segment of the chemical industry that produces and sells these additives.

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Rubber additives can be classified into different types depending on their function, including:

  1. Antidegradants: These additives help to prevent the breakdown of rubber due to oxidation or other chemical reactions.
  2. Antiozonants: These additives protect rubber from the harmful effects of ozone exposure.
  3. Fillers: These additives are used to improve the mechanical properties of rubber and reduce its cost.
  4. Plasticizers: These additives improve the flexibility of rubber.
  5. Accelerators: These additives speed up the chemical reaction that occurs during the vulcanization process.
  6. Retarders: These additives slow down the vulcanization process, allowing for better control of the curing process.

Top leading key players included in the market are:

  • Arkema S.A.(France)
  • Lanxess AG (Germany)
  • BASF SE (Germany)
  • Solvay S.A. (Belgium)
  • Sinopec Corporation (China)
  • R.T. Vanderbilt Holding Company, Inc. (US)
  • Emery Oleochemicals (US)
  • Behn Meyer Group (Germany)
  • Toray Industries, Inc. (Japan)
  • Sumitomo Chemical (Japan)

Arkema SA is a major player in specialty materials and intermediates with applications in diversified end markets such as General Industry, Building & Construction, Consumer Goods, Paints & Coatings, Automotive & Transportation, Electronics & Energy and Nutrition & Water.

On the other hand, Lanxess AG is a leading specialty chemical based in Cologne. Their primary expertise lies in producing, developing and marketing chemical intermediates, additives, specialty chemicals and plastics.

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Antidegradants segment is projected to be the fastest-growing type for rubber additives market between 2021 and 2026.

The demand for antidegradants is fuelled by the expansion in its applications such as tire and industrial rubber products. These are used to improve the rubber’s resistance against the effects of sunlight, oxidation, heat, and mechanical stress. Moreover, they are used to improve the performance and lengthen the service life of rubber products.

Non-tire is projected to be the fastest-growing application in rubber additives market between 2021 and 2026.

Non-tire applications of rubber additives include conveyor belts, footwear, floor tiles, hoses, gaskets, among others. To meet the demand of consumers for durable and high-quality footwear, the brands make use of the finest rubber. Thus, the rubber is processed using the additives to make it suitable to be used for various applications.

Asia Pacific is projected to be the fastest-growing region for the rubber additives market during the forecast period.

Asia Pacific is the fastest-growing region in rubber additives market owing to rapid economic growth in the region. The increased demand for superior quality processed rubber from the automotive industry is driving the market for rubber additives in the region. The growing population coupled with the increasing purchasing power of consumers is boosting the demand for automobiles in the region. This in turn drives the market for rubber additives as they are required to enhance the properties of rubber which is used to manufacture automotive tires.

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Reasons for Buying this Report

  • This report provides pin-point analysis for changing competitive dynamics.
  • It provides a forward-looking perspective on different factors driving or restraining market growth
  • It provides a six-year forecast assessed based on how the market is predicted to grow
  • It helps in understanding the key product segments and their future
  • It provides pinpoint analysis of changing competition dynamics and keeps you ahead of competitors
  • It helps in making informed business decisions by having complete insights of market and by making in-depth analysis of market segments

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