Rubber Additives Market Size, Share, Opportunities, And Trends By Type (Accelerators, Antidegradants, Vulcanization, Tackifiers, Others), By Application (Non-Tire, Tire), And By Geography - Forecasts From 2023 To 2028
- Published : Feb 2023
- Report Code : KSI061610812
- Pages : 114
The global rubber additives market is projected to grow from US$4.264 billion in 2017 to US$5.440 billion in 2022, at a CAGR of 4.99% over the forecast period. Additives can include vulcanization processes, fillers, accelerators, and other materials and are used to enhance processability, facilitate or accelerate cross-linking or improve the finished rubber product properties. The increasing consumption of rubber polymers from various industries such as the growing automotive industry, manufacturing industry, and electrical insulation industries drive the global market of rubber additives, Moreover, the utilization of rubber in non-tire applications also impacts the market growth significantly. However, stringent regulations and policies from necessary authorities across the globe impair market growth. Geographically, the Asia Pacific region is expected to drive the global market of rubber additives on account of the expansion of various end-use industries owing to rapid industrialization, especially in countries like India and China. Similarly, Europe is estimated to have significant market growth on account of the expansion of the automobile market in Germany.
This research study examines the rubber additives market on the basis of various segments - by type, by application, and by geography. Major drivers, restraints, and opportunities have been mentioned to provide an exhaustive picture of the market. Furthermore, the current market trends related to demand, supply, and sales, in addition to the recent developments, have been provided in this report. The report also analyzes key players in the rubber additives market. The report provides a comprehensive forecast up to the period 2022 for various key segments, with 2016 as the base year.
The analysis presents in-depth information regarding the development, trends, and industry policies and regulations implemented in each of the geographical segments. Moreover, the research study analyzes the overall regulatory framework of the rubber additives market, offering stakeholders a better understanding of the key factors affecting the overall market environment.
The first step towards determining rubber additives market size involves identifying key players and the revenue contribution of the overall business or relevant segment aligned to the study in consideration through extensive secondary research. This also includes various studies and data published by industry associations, analyst reports, investor presentations, press releases, and journals among others. Both bottom-up and top-down approaches are utilized to determine the market size of the overall market and key segments. The values obtained are correlated with the primary inputs of the key stakeholders in the rubber additives value chain, such as C-Level Executives, Directors, and Managers among others across key enterprises operating as manufacturers, suppliers, and distributors. The last phase is providing intelligence in the form of presentations, charts, graphics, and other different formats helping the clients to a faster and more efficient understanding of the market. Under this phase complete market engineering is involved which includes analyzing the gathered data from different sources and existing proprietary datasets while using various data triangulation methods for market breakdown and forecasting.
Key industry players profiled as part of this section are Emery Oleochemicals, BEHN MEYER, Akzo Nobel N.V., King Industries, Inc., Thomas Swan & Co. Ltd., Eastman Chemical Company, and BASF SE
Segments covered under the rubber additives market report are as below:
- By Type
- By Application
- By Geography
- North America
- South America
- Europe Middle East and Africa
- Middle East and Africa
- Asia Pacific
Akzo Nobel N.V
King Industries, Inc
Thomas Swan & Co. Ltd.
Eastman Chemical Company
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