Rubber Processing Chemicals Market Analysis - Global Industry Size, Share, Trends and Forecast, 2014 - 2024

Category : Chemicals and Materials | Delivery Format : PDF | Status: Forthcoming | Report ID : ARC312

Rubber is a common polymer that is mainly categorized as synthetic rubber and natural rubber. Natural rubber contains only the monomers of isoprene while synthetic rubbers might contain several types of monomers. Moreover, natural rubber is considered as a coagulated latex achieved from various types of trees which are grown in the wilds and tropics. The synthetic rubber is extracted by mixing styrene and butadiene that are the two major by-products of petroleum refining. Around 70% of the rubber being consumed across the globe belongs to the category of synthetic rubbers. In addition, manufacturers of synthetic rubbers adapt to diverse chemical formulations to achieve specific requirements of several end-use industries. Rubber is processed by using several types of chemicals in order to produce crucially useful products including automobile tires and rubber mats. The rubber processing chemicals aids in enhancing the resistance of rubber against the ill-effects of oxidation, heat, ozone, sunlight and other mechanical stress. Rubber processing chemicals also helps in improving the total process of vulcanization. Rubber processing chemicals involves a broad range of products including accelerators, anti-degradants and processing aids among others.

Increasing population across the globe coupled with rise in spending abilities and purchasing power among various consumers has bolstered the overall demand for rubber processing chemicals in automobiles. Rubber processing chemicals play a vital role in improving the properties of rubber for its use in production of automobile tires. Hence, the rising automobile industry is anticipated to augment the total growth of global rubber processing chemicals market. In addition, increasing technological advancements in the manufacture of automotive tires is another major factor accelerating the growth of rubber processing chemicals market. Rubber processing chemicals does not only add superficial qualities to rubber but also improves the overall manufacturing process of raw material for other applications such as manufacturing of door mats. However, factors such as increasing environmental norms and stringent governmental regulations are anticipated to hamper the growth of global rubber processing market over the forecast period.

The global rubber processing chemicals market can be segmented on the basis of type, application and region. On the basis of type, the global rubber processing chemicals market can be segmented into flame retardants, anti-degradants, processing aids and accelerators. On the basis of application, the global rubber processing chemicals market can be segmented into tire and non-tire. By region, the global rubber processing chemicals market can be segmented into North America, Latin America, Europe, Middle East & Africa (MEA) and Asia-Pacific. The demand in Asia-Pacific is analyzed to be the major driving factor for the growth of global market. China is anticipated to account for the largest share and lead the overall demand owing to the increasing industrial production over the last few years. The markets in other developing countries such as Brazil, Russia, Poland, Indonesia, New Zealand, Argentina and India among others are also anticipated to grow rapidly throughout the forecast period.

Major players operating in the global rubber processing chemicals market are focusing on some key market strategies such as mergers and acquisitions to keep hold in the ever competitive market. Moreover, they are concentrating on collaborating with local players to increase their market reach as well as strengthen their goodwill in the global market. Some of the major players in the global rubber processing chemicals market include Eastman Chemical, Emerald Performance Materials, R.T. Vanderbilt Company, Inc., Chemtura Corporation and LANXESS Corporation among others.

Market Segmentation

Market by Type

·         Flame retardants

·         Anti-degradants

·         Processing aids

·         Accelerators

Market by Application

·         Tire

·         Non-tire

Market by Geography

·         North America

o   US

o   Canada

o   Mexico

·         Europe

o   UK

o   Germany

o   France

o   Rest of Europe

·         Asia-Pacific

o   China

o   Japan

o   India

o   Philippines

o   Rest of Asia-Pacific

·         Latin America

o    Brazil

o   Chile

o   Rest of Latin America

·         Middle East and Africa (MEA)

o   South Africa

o   Saudi Arabia

o   Rest of MEA


Related Reports

Ink Solvents Market (By Solvent Type: Alcohols, Ketones, Hydrocarbons, Others (including Ethers and Esters); By Type: Conventional, Bio-based; By Process: Flexography, Gravure, Others (including Screen and Digital) ) - Global Industry Analysis, Market Size, Opportunities and Forecast, 2018 - 2026

Introduction The global ink solvents Market is projected worth US$ 658.3 Million by 2026 and the market is projected to showcase 4.9% CAGR during the forecast period. The ink solvents market is driven by inexpensive nature and non-coating properties that are important factors which are promoting the market positively. Ma

High Purity Quartz Market (By Application: Semiconductors, Solar, Lightening, Optics, Others) - Global Industry Analysis, Market Size, Opportunities and Forecast, 2018 - 2026

Introduction The global high purity quartz industry’s size is prophesied to reach USD 1143.6 million by 2026 and the market is anticipated to witness a CAGR of 5.8% during the predicted years. The market is determined by increase in demand from the solar industry. Market Dynamics

Coating Resins Market (By Type: Acrylic, Epoxy, Alkyd, Vinyl, Polyurethane, Amino, Polyester, Others; By Technology: Solvent Based, UV Cured, Water Based, High Solids; By Application: Industrial Coatings, Automotive Coatings, Wood Coatings, Protective Coatings, Architectural Coatings, Marine Coatings) - Global Industry Analysis, Market Size, Opportunities and Forecast, 2018 - 2026

Introduction The global coating resins Market is projected worth US$ 51.3 billion by 2026 and the market is projected to show case 5.0% CAGR during the forecast period. The coating resins market is driven by an increase in demand for paint & coatings in the automotive sector. Market Dynamics

Synthetic Paper Market (By Product: BOPP (Biaxially Oriented Polypropylene), HDPE (High-Density Polyethylene), PET (Polyethylene Terephthalate); By Application: Label, Non-Label) - Global Industry Analysis, Market Size, Opportunities and Forecast, 2018 - 2026

Introduction Global synthetic paper market size is estimated to reach a value of around USD 1.4 billion by the end of the year 2026. The industry is expected to grow with a CAGR of 7.1% during the upcoming years. Market Dynamics Synthetic papers are 100% recyclable and are es

Paint Protection Film Market (By Product: TPU (Thermoplastic Polyurethane), PVC (Polyvinyl Chloride), Polyester, PET(Polyethylene Terephthalate), Polyethylene; By Application: Automotive, Aerospace, Marine, Electrical & Electronics) - Global Industry Analysis, Market Size, Opportunities and Forecast, 2018 - 2026

Introduction The global paint protection film market size was valued at USD 468 million in 2017, and is estimated to reach at 809 million by the end of year 2026, expand at a growth rate of 7.2% during the forecast period. Market Dynamics Paint Protection Film is categorized

Optical Coatings Market (By Product: Anti-reflective Coatings, Reflective Coatings, Filter Coatings, Conductive Coatings, Electrochromic Coatings; By Application: Consumer Electronics, Solar, Medical, Architecture, Aerospace & Defense, Automotive, Telecommunication) - Global Industry Analysis, Market Size, Opportunities and Forecast, 2018 - 2026

Introduction The global market size of optical coatings was value at 12.8 billion at 2017 and is expected to reach 25.7 billion by the end of year 2026. The market is estimated to grow at a CAGR of 9% over the forecast period. Market Dynamics Optical coatings are used in the

Cart Summary