Rubber Processing Chemicals Market Size, Share, Growth Report 2032

Rubber Processing Chemicals Market

Rubber Processing Chemicals Market (Flame Retardants, Anti-Degradants, Processing Aid And Accelerators) For Non Tire And Tire Applications: Global Industry Perspective, Comprehensive Analysis, Size, Share, Growth, Segment, Trends And Forecast, 2020-2028

Category: Chemical & Materials Report Format : PDF Pages: 120 Report Code: ZMR-184 Published Date: Aug-2021 Status : Published

The global Rubber Processing Chemicals Market accounted for USD 4.87 Billion in 2020 and is expected to reach USD 6.72 Billion by 2028, growing at a CAGR of 4% from 2021 to 2028.

Rubber Processing Chemicals Market

Market Overview   

The global Rubber Processing Chemicals Market accounted for USD 4.87 Billion in 2020 and is expected to reach USD 6.72 Billion by 2028, growing at a CAGR of 4% from 2021 to 2028.    

The worldwide rubber processing chemicals market is expanding progressively all across the globe as a result of the rising stipulation across the tires industry and from other different end-use industries. Key firms are involved in constant R&D activities and product innovation on account of strict environmental guidelines. The market is distinguished by new product expansions and launches, as companies are attempting to enlarge their customer base. For example, Chemtura, in April 2016, declared the capacity extension of Adiprene LF MDI polyurethane elastomers production unit in Latina, Italy. This project will provide enhanced processing over MbOCA-free alternatives in the urethane applications.

Global Rubber Processing Chemicals Market SizeRequest Free Sample

COVID-19 Impact Analysis:

Due to government-imposed lockdowns to prevent the spreading of COVID, the Rubber Processing Chemicals industry has seen a small decrease in revenues in the short term. Because of the increasing infections and curbs, sales of chemicals are likely to suffer across the globe. Owing to the pandemic, paints & coatings, adhesives, composites, and electronic encapsulation industries have been shut down across all economies, potentially reducing the production and its usage. However, amid the pandemic, there has been a surge in product demand for applications such as paints and coating, and electronic encapsulation, which in turn, provides an opportunity post covid. Various scenarios have been analyzed based on inputs from various secondary sources and the current data available about the situation.

Growth Factors

Rubber is used to manufacture a variety of products such as gloves, tires, mats, flooring, pipes, and belts. Its improved resistance against the effects of heat, sunlight, oxygen, mechanical stress, and ozone is leading the global market growth. Owing to growing domestic demand for automobiles and an extensive network of automotive manufacturers, the rubber processing chemical market in the U.S. is witnessing a surge.

Report Scope:

 

Segment Analysis Preview

The rubber processing chemicals market can be segmented based on type and application. On the basis of types, the rubber processing chemicals market can be segmented as flame retardants, anti-degradants, processing aid and accelerators. Some of the wide spread applications of rubber processing chemicals are non tire and tire.

Regional Analysis Preview

North America and Europe were the primary markets in 2018 for the rubber processing chemicals market and Europe is projected to observe considerable expansion over the near future. Nevertheless, strict regulations passed by North America’s government on the rubber processing may hamper the rubber processing chemicals market growth in this region.

The rising requirement for rubber processing chemicals in Germany as a result of its numerous end-user applications like automobile industry might propel the growth of the rubber processing chemicals market in Europe. The mounting R&D spending for rubber processing chemicals owing to laws implemented by the government and strong friendship owing to the existence of several substitute products and vendors is anticipated to drive the rubber processing chemical market.

Global Rubber Processing Chemicals Market ShareRequest Free Sample

Key Market Players & Competitive Landscape

Key participants profiled in the report include R.T. Vanderbilt Company, Inc, Emerald Performance Materials, LANXESS Corporation, Chemtura Corporation, Solvay SA, Eastman Chemical Company, Emery Oleochemicals Llc, Behn Meyer Group, Akzonobel N.V, China Petroleum & Chemical Corporation are some of the major players in the rubber processing chemical market.

Global Rubber Processing Chemicals Market Regional AnalysisRequest Free Sample

The global Rubber Processing Chemicals Market are segmented as follows:  

By Application

  • Tire
  • Non tire

By Type

  • Flame retardants
  • Anti-degradants
  • Processing aid
  • Accelerators

By Region

  • North America
    • The U.S.
    • Canada
  • Europe
    • France
    • The UK
    • Spain
    • Germany
    • Italy
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Southeast Asia
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East & Africa
    • GCC
    • South Africa
    • Rest of Middle East & Africa

Table Of Content

Methodology

Free Analysis

FrequentlyAsked Questions

The global Rubber Processing Chemicals Market was valued at USD 4.87 Billion in 2020.

The global Rubber Processing Chemicals Market is expected to reach USD 6.72 Billion by 2028, growing at a CAGR of 4% between 2021 to 2028.

Rubber is used to manufacture a variety of products such as gloves, tires, mats, flooring, pipes, and belts. Its improved resistance against the effects of heat, sunlight, oxygen, mechanical stress, and ozone is leading the global market growth.

North America in 2020 ruled the Rubber Processing Chemicals Market and was believed to be the highest income-generating area all over the globe.  

Key participants profiled in the report include R.T. Vanderbilt Company, Inc, Emerald Performance Materials, LANXESS Corporation, Chemtura Corporation, Solvay SA, Eastman Chemical Company, Emery Oleochemicals Llc, Behn Meyer Group, Akzonobel N.V, China Petroleum & Chemical Corporation are some of the major players in the rubber processing chemical market.

Choose License Type

  • zion payment modes

HappyClients

Office Address

Contact Us

Zion Market Research
Tel: +1 (302) 444-0166
USA/Canada Toll Free No.+1 (855) 465-4651

Asia Pacific Office

3rd Floor, Mrunal Paradise, Opp Maharaja Hotel, Pimple Gurav, Pune 411061, Maharashtra, India
Phone No +91 7768 006 007, +91 7768 006 008

Contact #

US OFFICE NO +1 (302) 444-0166
US/CAN TOLL FREE +1 (855) 465-4651
Email: sales@zionmarketresearch.com

We Are On Social

Industry Press Release

We Accept

We have secured system to process your transaction.

  • payment methods

Business Hours

Our support available to help you 24 hours a day, five days a week.

Monday - Friday: 9AM - 6PM

Saturday - Sunday: Closed