The global rubber processing chemicals market size reached US$ 4.9 Billion in 2022. Looking forward, the publisher expects the market to reach US$ 6.7 Billion by 2028, exhibiting a growth rate (CAGR) of 5.4% during 2023-2028.
Rubber processing chemicals are unique compounds that are used for improving the physical properties of natural and synthetic rubber products. Anti-degradants, accelerators, flame retardants, processing aids, vulcanizing agents, stabilizers, blowing agents and adhesion promoters are some of the most common types of chemicals that are utilized in the processing of rubber. These chemicals enhance various properties of rubber-based products, including resilience, hardness, heat and abrasion resistance and tensile strength, to make them commercially useful. They also aid in preventing damage caused by oxidation and dynamic stress. Owing to these benefits, these chemicals find extensive applications in the production of tires, linings and coatings, conveyor belts, gaskets, seals, hoses, among others.
The growing utilization of synthetic rubber products is among the key factors driving the growth of the market. Furthermore, the thriving construction, electronics, aerospace, medical and footwear industries are boosting the product adoption in the manufacturing of rubber-based sealants, insulating agents, roofing materials and floor coverings. Additionally, the growth in the automotive sector is acting as another major growth-inducing factor. These chemicals are utilized in tire manufacturing plants to maintain the quality of both pneumatic and non-pneumatic tires. Moreover, rubber accelerators are used to speed up the vulcanization process and make the rubber react more swiftly with sulfur. This bridges the gap amidst the polymer chains, thus allowing the rubber to deform when stress is applied and return to its original shape when the stress is removed. Other factors, including the development of chemicals with improved ease of handling, along with rapid urbanization, are projected to drive the market further.
The publisher's latest report provides a deep insight into the global rubber processing chemicals market covering all its essential aspects. This ranges from macro overview of the market to micro details of the industry performance, recent trends, key market drivers and challenges, SWOT analysis, Porter’s five forces analysis, value chain analysis, etc. This report is a must-read for industry players, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the rubber processing chemicals market in any manner.
2. What is the expected growth rate of the global rubber processing chemicals market during 2023-2028?
3. What are the key factors driving the global rubber processing chemicals market?
4. What has been the impact of COVID-19 on the global rubber processing chemicals market?
5. What is the breakup of the global rubber processing chemicals market based on the type?
6. What is the breakup of the global rubber processing chemicals market based on the application?
7. What is the breakup of the global rubber processing chemicals market based on the end use?
8. What are the key regions in the global rubber processing chemicals market?
9. Who are the key players/companies in the global rubber processing chemicals market?
Rubber processing chemicals are unique compounds that are used for improving the physical properties of natural and synthetic rubber products. Anti-degradants, accelerators, flame retardants, processing aids, vulcanizing agents, stabilizers, blowing agents and adhesion promoters are some of the most common types of chemicals that are utilized in the processing of rubber. These chemicals enhance various properties of rubber-based products, including resilience, hardness, heat and abrasion resistance and tensile strength, to make them commercially useful. They also aid in preventing damage caused by oxidation and dynamic stress. Owing to these benefits, these chemicals find extensive applications in the production of tires, linings and coatings, conveyor belts, gaskets, seals, hoses, among others.
The growing utilization of synthetic rubber products is among the key factors driving the growth of the market. Furthermore, the thriving construction, electronics, aerospace, medical and footwear industries are boosting the product adoption in the manufacturing of rubber-based sealants, insulating agents, roofing materials and floor coverings. Additionally, the growth in the automotive sector is acting as another major growth-inducing factor. These chemicals are utilized in tire manufacturing plants to maintain the quality of both pneumatic and non-pneumatic tires. Moreover, rubber accelerators are used to speed up the vulcanization process and make the rubber react more swiftly with sulfur. This bridges the gap amidst the polymer chains, thus allowing the rubber to deform when stress is applied and return to its original shape when the stress is removed. Other factors, including the development of chemicals with improved ease of handling, along with rapid urbanization, are projected to drive the market further.
The publisher's latest report provides a deep insight into the global rubber processing chemicals market covering all its essential aspects. This ranges from macro overview of the market to micro details of the industry performance, recent trends, key market drivers and challenges, SWOT analysis, Porter’s five forces analysis, value chain analysis, etc. This report is a must-read for industry players, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the rubber processing chemicals market in any manner.
Key Market Segmentation:
The publisher provides an analysis of the key trends in each sub-segment of the global rubber processing chemicals market report, along with forecasts at the global, regional and country level from 2023-2028. Our report has categorized the market based on type, application and end-use.Breakup by Type:
- Antidegradants
- Accelerators
- Flame Retardants
- Processing Aids
- Others
Breakup by Application:
- Tire
- Non-Tire
Breakup by End-Use:
- Tire and Related Products
- Automotive Components
- Medical Products
- Footwear Products
- Industrial Rubber Products
- Others
Breakup by Region:
- North America
- United States
- Canada
- Europe
- Germany
- France
- United Kingdom
- Italy
- Spain
- Russia
- Others
- Asia Pacific
- China
- Japan
- India
- South Korea
- Australia
- Indonesia
- Others
- Latin America
- Brazil
- Mexico
- Argentina
- Colombia
- Chile
- Peru
- Others
- Middle East and Africa
- Turkey
- Saudi Arabia
- Iran
- United Arab Emirates
- Others
Competitive Landscape:
The competitive landscape of the industry has also been examined with some of the key players being BASF SE, Akzo Nobel N.V., Arkema S.A., Behn Meyer Holdings AG, China Petroleum & Chemical Corporation, Eastman Chemical Company, Emerald Performance Materials LLC, Emery Oleochemicals Group, Lanxess AG, Merchem Limited, Solvay Group, Sumitomo Chemical Company, Vanderbilt Chemicals LLC, etc.Key Questions Answered in This Report
1. What was the size of the global rubber processing chemicals market in 2022?2. What is the expected growth rate of the global rubber processing chemicals market during 2023-2028?
3. What are the key factors driving the global rubber processing chemicals market?
4. What has been the impact of COVID-19 on the global rubber processing chemicals market?
5. What is the breakup of the global rubber processing chemicals market based on the type?
6. What is the breakup of the global rubber processing chemicals market based on the application?
7. What is the breakup of the global rubber processing chemicals market based on the end use?
8. What are the key regions in the global rubber processing chemicals market?
9. Who are the key players/companies in the global rubber processing chemicals market?
Table of Contents
1 Preface3 Executive Summary11 Value Chain Analysis
2 Scope and Methodology
4 Introduction
5 Global Rubber Processing Chemicals Market
6 Market Breakup by Type
7 Market Breakup by Application
8 Market Breakup by End-Use
9 Market Breakup by Region
10 SWOT Analysis
12 Porters Five Forces Analysis
13 Price Analysis
14 Competitive Landscape
List of Figures
List of Tables
Companies Mentioned
- BASF SE
- Akzo Nobel N.V.
- Arkema S.A.
- Behn Meyer Holdings AG
- China Petroleum & Chemical Corporation
- Eastman Chemical Company
- Emerald Performance Materials LLC
- Emery Oleochemicals Group
- Lanxess AG
- Merchem Limited
- Solvay Group
- Sumitomo Chemical Company
- Vanderbilt Chemicals LLC
Methodology
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Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 145 |
| Published | July 2023 |
| Forecast Period | 2022 - 2028 |
| Estimated Market Value ( USD | $ 4.9 Billion |
| Forecasted Market Value ( USD | $ 6.7 Billion |
| Compound Annual Growth Rate | 5.4% |
| Regions Covered | Global |
| No. of Companies Mentioned | 13 |
