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Rubber additives are chemicals or agents added during the processing and synthesis of rubber polymers. Rubber additives are incorporated with raw rubber polymer to enhance structural and mechanical properties, and improve the overall performance and quality of rubber.
In 2019, production of rubber antioxidant took about 38.27% of global rubber additives. Rubber accelerators and insoluble sulfur separately took 32.86% and 6.66% in 2019.Global demand for rubber additives is significantly driven by increasing consumption of rubber polymers in tire manufacturing and electrical insulation industries. Tire manufacturing industry is the largest consumer of rubber. Vulcanization accelerators, process aids and oil extenders are some of the rubber additives used in tire manufacturing. Asia Pacific is anticipated to be the fastest growing rubber additives market by the end of the forecast period. China is likely to lead in Asia Pacific, due to growth in automobile & rubber processing industries. Other countries that are likely to exhibit a similar trend include India and Japan. The rubber additives market in North America is likely to witness sluggish growth.
Market Analysis and Insights: Global Rubber Additives Market
The global Rubber Additives market was valued at US$ 4690.9 million in 2019 and it is expected to reach US$ 5809.3 million by the end of 2026, growing at a CAGR of 3.9% during 2021-2026.
Global Rubber Additives Market: Drivers and Restrains
The research report has incorporated the analysis of different factors that augment the market’s growth. It constitutes trends, restraints, and drivers that transform the market in either a positive or negative manner. This section also provides the scope of different segments and applications that can potentially influence the market in the future. The detailed information is based on current trends and historic milestones. This section also provides an analysis of the volume of production about the global market and about each type from 2016 to 2027. This section mentions the volume of production by region from 2016 to 2027. Pricing analysis is included in the report according to each type from the year 2016 to 2027, manufacturer from 2016 to 2021, region from 2016 to 2021, and global price from 2016 to 2027.
A thorough evaluation of the restrains included in the report portrays the contrast to drivers and gives room for strategic planning. Factors that overshadow the market growth are pivotal as they can be understood to devise different bends for getting hold of the lucrative opportunities that are present in the ever-growing market. Additionally, insights into market expert’s opinions have been taken to understand the market better.
Global Rubber Additives Market: Segment Analysis
The research report includes specific segments by region (country), by manufacturers, by Type and by Application. Each type provides information about the production during the forecast period of 2016 to 2027. by Application segment also provides consumption during the forecast period of 2016 to 2027. Understanding the segments helps in identifying the importance of different factors that aid the market growth.
Segment by Type
Rubber Antioxidant
Rubber Accelerators
Insoluble Sulfur
Other
Segment by Application
Tire & Tubing
Consumer Goods
Construction
Electrical Insulation
Other
By Company
Sennics
Eastman
Kemai Chemical
Sunsine
Lanxess
Shandong Yanggu Huatai Chemical
KUMHO PETROCHEMICAL
Red Avenue
SI Group (Addivant)
Puyang Willing Chemicals
Agrofert
Sumitomo Chemical
NCIC
OUCHI SHINKO CHEMICAL
Arkema
NOCIL
Zhedong Xiangzhu
Production by Region
North America
Europe
China
Japan
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
U.A.E
In 2019, production of rubber antioxidant took about 38.27% of global rubber additives. Rubber accelerators and insoluble sulfur separately took 32.86% and 6.66% in 2019.Global demand for rubber additives is significantly driven by increasing consumption of rubber polymers in tire manufacturing and electrical insulation industries. Tire manufacturing industry is the largest consumer of rubber. Vulcanization accelerators, process aids and oil extenders are some of the rubber additives used in tire manufacturing. Asia Pacific is anticipated to be the fastest growing rubber additives market by the end of the forecast period. China is likely to lead in Asia Pacific, due to growth in automobile & rubber processing industries. Other countries that are likely to exhibit a similar trend include India and Japan. The rubber additives market in North America is likely to witness sluggish growth.
Market Analysis and Insights: Global Rubber Additives Market
The global Rubber Additives market was valued at US$ 4690.9 million in 2019 and it is expected to reach US$ 5809.3 million by the end of 2026, growing at a CAGR of 3.9% during 2021-2026.
Global Rubber Additives Market: Drivers and Restrains
The research report has incorporated the analysis of different factors that augment the market’s growth. It constitutes trends, restraints, and drivers that transform the market in either a positive or negative manner. This section also provides the scope of different segments and applications that can potentially influence the market in the future. The detailed information is based on current trends and historic milestones. This section also provides an analysis of the volume of production about the global market and about each type from 2016 to 2027. This section mentions the volume of production by region from 2016 to 2027. Pricing analysis is included in the report according to each type from the year 2016 to 2027, manufacturer from 2016 to 2021, region from 2016 to 2021, and global price from 2016 to 2027.
A thorough evaluation of the restrains included in the report portrays the contrast to drivers and gives room for strategic planning. Factors that overshadow the market growth are pivotal as they can be understood to devise different bends for getting hold of the lucrative opportunities that are present in the ever-growing market. Additionally, insights into market expert’s opinions have been taken to understand the market better.
Global Rubber Additives Market: Segment Analysis
The research report includes specific segments by region (country), by manufacturers, by Type and by Application. Each type provides information about the production during the forecast period of 2016 to 2027. by Application segment also provides consumption during the forecast period of 2016 to 2027. Understanding the segments helps in identifying the importance of different factors that aid the market growth.
Segment by Type
Rubber Antioxidant
Rubber Accelerators
Insoluble Sulfur
Other
Segment by Application
Tire & Tubing
Consumer Goods
Construction
Electrical Insulation
Other
By Company
Sennics
Eastman
Kemai Chemical
Sunsine
Lanxess
Shandong Yanggu Huatai Chemical
KUMHO PETROCHEMICAL
Red Avenue
SI Group (Addivant)
Puyang Willing Chemicals
Agrofert
Sumitomo Chemical
NCIC
OUCHI SHINKO CHEMICAL
Arkema
NOCIL
Zhedong Xiangzhu
Production by Region
North America
Europe
China
Japan
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
U.A.E
Frequently Asked Questions
This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.
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The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.
