As per this study the Global Rubber Additives Market was valued USD XX MN (by revenue) in 2021 and is anticipated to reach USD XX MN by 2027 with a CAGR of XX%. By volume, the market was estimated XX KT in 2019 and is expected to reach XX KT by 2026 with a CAGR of XX%.
Rubber additives are the chemical substance which is added during the processing and synthesis of rubber polymers. They are mixed with the raw rubber polymer to enhance the structural and mechanical properties and improve the overall the quality and performance of rubber. Different types of rubber additives are vulcanization accelerators & inhibitors, adhesion promoters, processing aids, chemical blowing agents, antiozonants, and fillers. The major end-user industry includes consumer goods, tire & tubing, construction, and electrical insulation industries.
Growing construction activities around the globe are the prime reason for the growth of the rubber additives market. The tire and tubing industry is the largest consumer of rubber additives product where they are used in automotive industry for the production of tire thereby raising the growth of the market. In the recent years, the production of the automobiles products has been significantly increased which will further add growth to the market globally.
This detailed market study is centered on the data obtained from multiple sources and is analyzed using numerous tools including porter’s five forces analysis, market attractiveness analysis and value chain analysis. These tools are employed to gain insights of the potential value of the market facilitating the business strategists with the latest growth opportunities. Additionally, these tools also provide a detailed analysis of each application/product segment in the global market of rubber additives.
The broad rubber additives market has been sub-grouped into end-user. The report studies these subsets with respect to the geographical segmentation. The strategists can gain a detailed insight and devise appropriate strategies to target specific market. This detail will lead to a focused approach leading to identification of better opportunities.
- Consumer Goods
- Electrical Insulation
- Tire And Tubing
Furthermore, the report comprises of the geographical segmentation which mainly focuses on current and forecast demand for rubber additives in North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The report further focuses on demand for individual application segments in all the regions.
Global Rubber Additives Market Share by Region (Representative Graph)
The report also covers detailed competitive landscape including company profiles of key players operating in the global market. The key players in the rubber additives market includes Akrochem Corporation, AkzoNobel N.V., Arkema S.A., Behn Meyer Holding AG, Eastman Chemical Company, LANXESS Aktiengesellschaft, Struktol Company of America, Thomas Swan & Co. Ltd., LLC, VELOX GmbH, Wacker Chemie AG, and others. An in-depth view of the competitive outlook includes future capacities, key mergers & acquisitions, financial overview, partnerships, collaborations, new product launches, new product developments and other developments with information in terms of H.Q.
A combination of primary and secondary research has been used to determine the market estimates and forecasts. Sources used for secondary research include (but not limited to) Paid Data Sources, Company Websites, Technical Journals, Annual Reports, SEC Filings and various other industry publications. Specific details on methodology used for this report can be provided on demand.