Market Overview:
The global rubber chemicals 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 rubber chemicals from various end-use industries, such as automotive, medical, industrial and consumer goods. In addition, the growing demand for eco-friendly and bio-based rubber chemicals is also contributing to the growth of this market. On the basis of type, accelerators accounted for the largest share of the global rubber chemicals market in 2017. This can be attributed to their ability to improve process efficiency and product quality in manufacturing processes.
Product Definition:
Rubber chemicals are a class of specialty chemicals used in the production of rubber products. They include accelerators, curing agents, modifiers, and antioxidants. The importance of rubber chemicals is that they impart specific properties to the final product. For example, accelerators make the rubber harder and more durable while curing agents promote cross-linking between polymer chains to give the rubber increased strength and elasticity.
Accelerator:
Accelerator is a chemical that increases the speed of chemical reactions. It can be used in rubber chemicals for accelerating the polymerization process, which produces high-quality rubber. Rubber chemicals are used to manufacture tires and other products that require high-quality materials such as accelerators. The global market for accelerators is expected to witness significant growth over the forecast period owing to increasing demand from tire manufacturers across various regions including North America, Europe, Asia Pacific and Central & South America.
Vulcanizing Agent:
Vulcanizing agent is a chemical added to natural rubber to accelerate the vulcanization process. Vulcanizing agents are classified as organic or inorganic depending on their origin. Inorganic vulcanizing agents include antimony oxide, brominated & chlorinated, and organic includes formaldehyde & accelerator compounds.
Application Insights:
The automotive segment accounted for the largest volume share of over 30% in 2017. The growing importance of lightweight materials has led to an increased use of rubber chemicals in the automotive industry. Rubber is used as a material for manufacturing tires, which are considered as one of the most important components for any vehicle due to their ability to provide grip and handling characteristics.
Rubber compounds are also used extensively in automobile parts such as brake pads, engine mounts, gaskets and seals, shock absorbers, power steering hoses and belts owing to their high resistance against oil, gas and chemical stains. These factors have resulted in a significant rise in demand from the automotive sector over recent years.
In addition to this application area within transportation & infrastructure applications include industrial machinery & equipment (excluding rubber compounding), consumer goods (excluding footwear) construction materials other than vulcanized rubber (elements such as cables).
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The region accounted for a volume share of 68.1% in 2017, which can be attributed to high demand from various end-use industries such as automotive, construction, consumer goods and medical among others. Increasing population coupled with rapid urbanization has led to an increase in automobile production across emerging economies such as China and India thus driving product demand further.
China rubber chemicals market is anticipated to witness significant growth on account of increasing investments by domestic manufacturers along with growing consumption from other end-use sectors including automotive, construction & infrastructure among others will drive growth over the next eight years.
Growth Factors:
- Increasing demand for rubber chemicals from the automotive industry as a result of the increasing production of automobiles.
- Rising demand for rubber chemicals from the construction industry due to growth in infrastructure development activities.
- Rapid growth in the Asia Pacific region, especially China and India, which is expected to drive the demand for rubber chemicals in these regions over the next few years.
- Growing use of synthetic rubbers as compared to natural rubbers, which is expected to boost the demand for rubber chemicals in coming years
Scope Of The Report
Report Attributes
Report Details
Report Title
Rubber Chemicals Market Research Report
By Type
Accelerator, Vulcanizing Agent, Activator, Other
By Application
Automotive, Medical, Industrial, Consumer Goods, Other
By Companies
Akrochem Corporation, Chemours, Lanxess, Eastman, Agrofert, KUMHO PETROCHEMICAL, Arkema, Kemai Chemical, Sunsine, Shandong Yanggu Huatai Chemical, Jiangsu Sinorgchem Technology, Puyang Willing Chemicals, Sumitomo Chemical, Sanshin, King Industries, Stairchem, PMC Group, Linkwell Rubber Chemicals, Akzonobel, Solvay, Sinopec
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
236
Number of Tables & Figures
166
Customization Available
Yes, the report can be customized as per your need.
Global Rubber Chemicals Market Report Segments:
The global Rubber Chemicals market is segmented on the basis of:
Types
Accelerator, Vulcanizing Agent, Activator, 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
Automotive, Medical, Industrial, Consumer Goods, Other
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:
- Akrochem Corporation
- Chemours
- Lanxess
- Eastman
- Agrofert
- KUMHO PETROCHEMICAL
- Arkema
- Kemai Chemical
- Sunsine
- Shandong Yanggu Huatai Chemical
- Jiangsu Sinorgchem Technology
- Puyang Willing Chemicals
- Sumitomo Chemical
- Sanshin
- King Industries
- Stairchem
- PMC Group
- Linkwell Rubber Chemicals
- Akzonobel
- Solvay
- Sinopec
Highlights of The Rubber Chemicals 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:
- Accelerator
- Vulcanizing Agent
- Activator
- Other
- By Application:
- Automotive
- Medical
- Industrial
- Consumer Goods
- Other
- 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 Chemicals 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.
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- Correctly Positioning New Products
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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 chemicals are a type of chemical used to make rubber.
Some of the major players in the rubber chemicals market are Akrochem Corporation, Chemours, Lanxess, Eastman, Agrofert, KUMHO PETROCHEMICAL, Arkema, Kemai Chemical, Sunsine, Shandong Yanggu Huatai Chemical, Jiangsu Sinorgchem Technology, Puyang Willing Chemicals, Sumitomo Chemical, Sanshin, King Industries, Stairchem, PMC Group, Linkwell Rubber Chemicals, Akzonobel, Solvay, Sinopec.
The rubber chemicals market is expected to grow at a compound annual growth rate of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Rubber Chemicals Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Rubber Chemicals Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Rubber Chemicals Market - Supply Chain
4.5. Global Rubber Chemicals Market Forecast
4.5.1. Rubber Chemicals Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Rubber Chemicals Market Size (000 Units) and Y-o-Y Growth
4.5.3. Rubber Chemicals Market Absolute $ Opportunity
5. Global Rubber Chemicals Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Rubber Chemicals Market Size and Volume Forecast by Type
5.3.1. Accelerator
5.3.2. Vulcanizing Agent
5.3.3. Activator
5.3.4. Other
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Rubber Chemicals Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Rubber Chemicals Market Size and Volume Forecast by Application
6.3.1. Automotive
6.3.2. Medical
6.3.3. Industrial
6.3.4. Consumer Goods
6.3.5. Other
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Rubber Chemicals Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Rubber Chemicals Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Rubber Chemicals Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Rubber Chemicals Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Rubber Chemicals Demand Share Forecast, 2019-2029
9. North America Rubber Chemicals Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Rubber Chemicals Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Rubber Chemicals Market Size and Volume Forecast by Application
9.4.1. Automotive
9.4.2. Medical
9.4.3. Industrial
9.4.4. Consumer Goods
9.4.5. Other
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Rubber Chemicals Market Size and Volume Forecast by Type
9.7.1. Accelerator
9.7.2. Vulcanizing Agent
9.7.3. Activator
9.7.4. Other
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Rubber Chemicals Demand Share Forecast, 2019-2029
10. Latin America Rubber Chemicals Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Rubber Chemicals Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Rubber Chemicals Market Size and Volume Forecast by Application
10.4.1. Automotive
10.4.2. Medical
10.4.3. Industrial
10.4.4. Consumer Goods
10.4.5. Other
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Rubber Chemicals Market Size and Volume Forecast by Type
10.7.1. Accelerator
10.7.2. Vulcanizing Agent
10.7.3. Activator
10.7.4. Other
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Rubber Chemicals Demand Share Forecast, 2019-2029
11. Europe Rubber Chemicals Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Rubber Chemicals Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Rubber Chemicals Market Size and Volume Forecast by Application
11.4.1. Automotive
11.4.2. Medical
11.4.3. Industrial
11.4.4. Consumer Goods
11.4.5. Other
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Rubber Chemicals Market Size and Volume Forecast by Type
11.7.1. Accelerator
11.7.2. Vulcanizing Agent
11.7.3. Activator
11.7.4. Other
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projection by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Rubber Chemicals Demand Share, 2019-2029
12. Asia Pacific Rubber Chemicals Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Rubber Chemicals Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Rubber Chemicals Market Size and Volume Forecast by Application
12.4.1. Automotive
12.4.2. Medical
12.4.3. Industrial
12.4.4. Consumer Goods
12.4.5. Other
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Rubber Chemicals Market Size and Volume Forecast by Type
12.7.1. Accelerator
12.7.2. Vulcanizing Agent
12.7.3. Activator
12.7.4. Other
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Rubber Chemicals Demand Share, 2019-2029
13. Middle East & Africa Rubber Chemicals Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Rubber Chemicals Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Rubber Chemicals Market Size and Volume Forecast by Application
13.4.1. Automotive
13.4.2. Medical
13.4.3. Industrial
13.4.4. Consumer Goods
13.4.5. Other
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Rubber Chemicals Market Size and Volume Forecast by Type
13.7.1. Accelerator
13.7.2. Vulcanizing Agent
13.7.3. Activator
13.7.4. Other
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Rubber Chemicals Demand Share, 2019-2029
14. Competition Landscape
14.1. Global Rubber Chemicals Market: Market Share Analysis
14.2. Rubber Chemicals Distributors and Customers
14.3. Rubber Chemicals Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Akrochem Corporation
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Chemours
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Lanxess
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Eastman
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Agrofert
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. KUMHO PETROCHEMICAL
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Arkema
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Kemai Chemical
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Sunsine
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Shandong Yanggu Huatai Chemical
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Jiangsu Sinorgchem Technology
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Puyang Willing Chemicals
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Sumitomo Chemical
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Sanshin
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. King Industries
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. Stairchem
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. PMC Group
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. Linkwell Rubber Chemicals
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. Akzonobel
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. Solvay
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
