Market Overview:
The global rubber additive market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for tires and non-tires applications, and the growing awareness about the benefits of rubber additives. The global rubber additive market is segmented by type, application, and region. By type, the market is divided into antidegradants, accelerators, and other additives. Antidegradants are used to prevent or delay degradation of elastomers caused by environmental factors such as heat, ozone gas,, sunlight radiation etc., while accelerators are used to speed up vulcanization process during manufacturing of tires and other products made from rubber compounds. Other additives include tackifiers (agents that increase adhesion between surfaces), plasticizers (substances that increase flexibility), antioxidants (chemicals that retard oxidation), pigments etc.
Product Definition:
Rubber additive is a material that is mixed in with rubber to improve its properties. This can include making it more resistant to heat and chemicals, as well as making it more elastic. Rubber additives are important because they help to improve the overall quality and performance of rubber products.
Antidegradants:
Antidegradants are used in rubber additive industry to prevent the rubber from premature degradation. It is also known as anti-oxidant or retardant and it's function is similar to that of antioxidants present in fruits & vegetables. Rubber has a high content of iron oxide which on oxidation produces tiresome smoke, this property makes antidegradants necessary for the production of tires.
Accelerators:
Accelerators are chemicals that increase the speed of chemical reactions. They can be used to accelerate various processes in rubber additive manufacturing. The most common accelerators used in rubber additive manufacturing include nitric acid, sulfuric acid, phosphoric acid and acetic anhydride among others.
Application Insights:
Tires was the largest application segment in 2017 and is expected to witness significant growth over the forecast period. The growing automotive industry, especially in emerging markets of China, India and Brazil is anticipated to have a positive impact on market growth. In addition, increasing disposable income among consumers in developing countries such as Vietnam is likely to propel demand for tires over the next eight years.
The non-tire applications include industrial rubber products which are used extensively across several end-use industries including construction materials; automotive; electronics; furniture & upholstery; footwear etc.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The region accounts for approximately 60% of the total rubber production, 80% of global automotive production, and 50% of passenger cars produced worldwide. China is one of the largest producers as well as consumers in this region owing to its large domestic market along with easy access to natural resources.
The Asia Pacific was followed by North America which accounted for over 20% share in terms of revenue in 2017 on account high demand tire applications across various commercial vehicles including buses, trucks, and ambulances. Moreover, growing construction spending coupled with increasing number electric vehicle charging stations across major cities such as Los Angeles has further boosted product demand from 2018 to 2030 time frame.
Europe also witnessed significant growth on account high consumer preference towards premium tires especially for luxury vehicles such as BMWs.
Growth Factors:
- Increasing demand for rubber additives from the automotive industry as a result of the increasing production of passenger cars and commercial vehicles.
- Rising demand for rubber additives in Asia Pacific due to the growth of end-user industries such as tire, footwear, and medical devices.
- Growing use of rubber additives in construction and engineering applications to improve durability and performance properties of rubbers.
- Increasing penetration of synthetic rubbers over natural rubbers, which is expected to drive the demand for rubber additives over the forecast period.
Scope Of The Report
Report Attributes
Report Details
Report Title
Rubber Additive Market Research Report
By Type
Antidegradants, Accelerators, Other
By Application
Tires, Non-tires
By Companies
Akzo Nobel, BASF, Emerald Performance Chemicals, Lanxess Corporation, Vanderbilt, Georgia Pacific Chemicals, Merchem, PMC Rubber Chemicals, Eastman Chemical, Arkema SA, Sinopec Corp, Behn Meyer Group, Duslo, Xiangyu Chem
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
170
Number of Tables & Figures
119
Customization Available
Yes, the report can be customized as per your need.
Global Rubber Additive Market Report Segments:
The global Rubber Additive market is segmented on the basis of:
Types
Antidegradants, Accelerators, Other
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Tires, Non-tires
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Akzo Nobel
- BASF
- Emerald Performance Chemicals
- Lanxess Corporation
- Vanderbilt
- Georgia Pacific Chemicals
- Merchem
- PMC Rubber Chemicals
- Eastman Chemical
- Arkema SA
- Sinopec Corp
- Behn Meyer Group
- Duslo
- Xiangyu Chem
Highlights of The Rubber Additive Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Antidegradants
- Accelerators
- Other
- By Application:
- Tires
- Non-tires
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Rubber Additive Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Rubber additives are chemicals that are added to natural rubber products in order to improve their performance. These additives can help the rubber resist wear and tear, increase flexibility, and improve durability.
Some of the major companies in the rubber additive market are Akzo Nobel, BASF, Emerald Performance Chemicals, Lanxess Corporation, Vanderbilt, Georgia Pacific Chemicals, Merchem, PMC Rubber Chemicals, Eastman Chemical, Arkema SA, Sinopec Corp, Behn Meyer Group, Duslo, Xiangyu Chem.
The rubber additive market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Rubber Additive Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Rubber Additive Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Rubber Additive Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Rubber Additive Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Rubber Additive Market Size & Forecast, 2020-2028
4.5.1 Rubber Additive Market Size and Y-o-Y Growth
4.5.2 Rubber Additive Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Antidegradants
5.2.2 Accelerators
5.2.3 Other
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Tires
6.2.2 Non-tires
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Rubber Additive Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Rubber Additive Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Antidegradants
9.6.2 Accelerators
9.6.3 Other
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Tires
9.10.2 Non-tires
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Antidegradants
10.6.2 Accelerators
10.6.3 Other
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Tires
10.10.2 Non-tires
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Antidegradants
11.6.2 Accelerators
11.6.3 Other
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Tires
11.10.2 Non-tires
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Antidegradants
12.6.2 Accelerators
12.6.3 Other
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Tires
12.10.2 Non-tires
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Antidegradants
13.6.2 Accelerators
13.6.3 Other
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Tires
13.10.2 Non-tires
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Rubber Additive Market: Competitive Dashboard
14.2 Global Rubber Additive Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Akzo Nobel
14.3.2 BASF
14.3.3 Emerald Performance Chemicals
14.3.4 Lanxess Corporation
14.3.5 Vanderbilt
14.3.6 Georgia Pacific Chemicals
14.3.7 Merchem
14.3.8 PMC Rubber Chemicals
14.3.9 Eastman Chemical
14.3.10 Arkema SA
14.3.11 Sinopec Corp
14.3.12 Behn Meyer Group
14.3.13 Duslo
14.3.14 Xiangyu Chem
