The pandemic continues to cause unprecedented disruption across industries worldwide.
Get detailed insights regarding the impact of COVID-19 on the market.
The global rubber processing chemicals market size reached US$ 4.6 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 6.4 Billion by 2027, exhibiting a growth rate (CAGR) of 5.6% during 2022-2027. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end use industries. These insights are included in the report as a major market contributor.
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.
IMARC Group’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.
IMARC Group 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 2022-2027. Our report has categorized the market based on type, application and end-use.
Breakup by Type:
Breakup by Application:
Breakup by End-Use:
Breakup by Region:
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.
|Base Year of the Analysis||2021|
|Segment Coverage||Type, Application, End-Use, Region|
|Region Covered||Asia Pacific, Europe, North America, Latin America, Middle East and Africa|
|Countries Covered||United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico, Argentina, Colombia, Chile, Peru, Turkey, Saudi Arabia, Iran, United Arab Emirates|
|Companies Covered||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 and Vanderbilt Chemicals LLC|
|Customization Scope||10% Free Customization|
|Report Price and Purchase Option||Single User License: US$ 2499
Five User License: US$ 3499
Corporate License: US$ 4499
|Post-Sale Analyst Support||10-12 Weeks|
|Delivery Format||PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)|
The global rubber processing chemicals market was valued at US$ 4.6 Billion in 2021.
We expect the global rubber processing chemicals market to exhibit a CAGR of 5.6% during 2022-2027.
The rising utilization of rubber processing chemicals to enhance numerous properties of rubber-based products, such as resilience, hardness, heat and abrasion resistance, etc., to make them commercially useful, is primarily driving the global rubber processing chemicals market.
The sudden outbreak of the COVID-19 pandemic had led to the implementation of stringent lockdown regulations across several nations resulting in the temporary closure of numerous end-use industries for rubber processing chemicals.
Based on the type, the global rubber processing chemicals market can be segmented into antidegradants, accelerators, flame retardants, processing aids, and others. Currently, antidegradants hold the majority of the total market share.
Based on the application, the global rubber processing chemicals market has been categorized into tire and non-tire, where tire currently accounts for the majority of the global market share.
Based on the end use, the global rubber processing chemicals market can be bifurcated into tire and related products, automotive components, medical products, footwear products, industrial rubber products, and others. Among these, tire and related products exhibit a clear dominance in the market.
On a regional level, the market has been classified into North America, Europe, Asia Pacific, Latin America, and Middle East and Africa, where Asia Pacific currently dominates the global market.
Some of the major players in the global rubber processing chemicals market include 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.
REACH OUT TO US
Call us on
( US: +1-631-791-1145 )
( UK: +44-753-713-2163 )
( India: +91 120 433 0800 )
Drop us an email at