Rubber Additives Market worth $9.3 billion by 2026

Rubber Additives Market worth $9.3 billion by 2026 - Exclusive Report by MarketsandMarkets NEWS PROVIDED BY MarketsandMarkets Mar 28, 2022, 07:42 ET CHICAGO, March 28, 2022 /PRNewswire/ -- According to the new market research report "Rubber Additives Market with Covid-19 Impact Analysis, by Type (Antidegradants, Accelerators), Application (Tire and Non-Tire), and Region (Asia Paci?c, North America, Europe, Middle East & Africa, South America) - Global Forecast to 2026", published by MarketsandMarkets , the Rubber Additives Market is projected to reach USD 9.3 billion by 2026, at a CAGR of 3.5% from USD 7.8 billion in 2021. Rubber is a polymer, which is primarily categorized as natural and synthetic rubber. Natural rubber is obtained from certain trees that are found particularly in the tropical areas. On the other hand, synthetic rubber is obtained by the by-products of petroleum re?ning. To meet the speci?c requirements of end-use industries, the rubber has to be treated with chemicals to give it the desired properties. Thus, rubber additives are used to improve properties of the rubber. Rubber is processed using various additives to make it suitable to be used for various applications such as automobile, rubber mats, conveyor belts, and others. Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp? id=258971862 Browse in-depth TOC on "Rubber Additives Market"

226 Tables 47 Figures 182 Pages View Detailed Table of Content Here: https://www.marketsandmarkets.com/Market-Reports/rubber- additives-market-258971862.html Antidegradants is the largest type segment of the rubber additives market. Tire was the largest application segment of the rubber additives market. Asia Paci?c was the largest market for rubber additives in 2020, in terms of value. The increased demand for superior quality processed rubber from the automotive industry is driving the market for rubber additives in the region. The growing population coupled with the increasing purchasing power of consumers is boosting the demand for automobiles in the region. This in turn drives the market for rubber additives as they are required to enhance the properties of rubber which is used to manufacture automotive tires. Antidegradants segment is projected to be the fastest-growing type for rubber additives market between 2021 and 2026. The demand for antidegradants is fueled by the expansion in its applications such as tire and industrial rubber products. These are used to improve the rubber's resistance against the e?ects of sunlight, oxidation, heat, and mechanical stress. Moreover, they are used to improve the performance and lengthen the service life of rubber products. The market for accelerators is estimated to witness a decent growth due to their increased demand for vulcanizing rubber products. The others segment is estimated to witness slow growth during the forecast period. Processing aids, blowing agents, among others are used to improve the plasticity of rubber. Request Sample Pages: https://www.marketsandmarkets.com/requestsampleNew.asp? id=258971862 Non-tire is projected to be the fastest-growing application in rubber additives market between 2021 and 2026. Non-tire applications of rubber additives include conveyor belts, footwear, ?oor tiles, hoses, gaskets, among others. To meet the demand of consumers for durable and high-quality footwear, the brands make use of the ?nest rubber. Thus, the rubber is processed using the additives to make it suitable to be used for various applications. Rubber is used in the production of conveyor belts, and it is processed

using rubber additives to make it e?cient for use. Manufacturers in the Asia-Paci?c region are focusing on increasing the quality of the conveyor belts to match the quality standards of the European products. The demand is also expected to arise from the Eastern European countries because of the economic development in the region Asia Paci?c is projected to be the fastest-growing region for the rubber additives market during the forecast period. Asia Paci?c is the fastest-growing region in rubber additives market owing to rapid economic growth in the region. The increased demand for superior quality processed rubber from the automotive industry is driving the market for rubber additives in the region. The growing population coupled with the increasing purchasing power of consumers is boosting the demand for automobiles in the region. This in turn drives the market for rubber additives as they are required to enhance the properties of rubber which is used to manufacture automotive tires. The key market players pro?led in the report Arkema S.A.(France), Lanxess AG (Germany), BASF SE (Germany), Solvay S.A. (Belgium), Sinopec Corporation (China), R.T. Vanderbilt Holding Company, Inc. (US), Emery Oleochemicals (US), Behn Meyer Group (Germany), Toray Industries, Inc. (Japan), and Sumitomo Chemical (Japan). They have adopted strategies such as and new product launch, acquisition, and collaboration in order to gain an advantage over their competitors Browse Adjacent Markets: Chemical Market Research Reports & Consulting Related Reports: 1. SYNTHETIC RUBBER MARKET - GLOBAL FORECAST TO 2026 By Type (SBR, BR, SBC, EPDM, IIR, NBR) Application (Tire, Automotive (Non-tire), Footwear, Industrial Goods, Consumer Goods, Textile), Region (North America, Europe, APAC, South America, MEA) https://www.marketsandmarkets.com/Market-Reports/synthetic-rubber-market-761.html 2. AUTOMOTIVE TIRES MARKET - GLOBAL FORECAST TO 2025

by Rim Size (13-15, 16-18, 19-21,>21 inches), Replacement Market, by Aspect Ratio (<60, 60-70, >70), Section Width (<200, 200-230,>230 mm), Season, Vehicle Type, Retreading Market, and Region https://www.marketsandmarkets.com/Market-Reports/automotive-tire-market-40166492.html About MarketsandMarkets MarketsandMarkets provides quanti?ed B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies' revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top o?cers across eight industries worldwide approach MarketsandMarkets for their painpoints around revenues decisions. Our 850 fulltime analyst and SMEs at MarketsandMarkets are tracking global high growth markets following the "Growth Engagement Model GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets is determined to bene?t more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve. MarketsandMarkets's ?agship competitive intelligence and market research platform, "Knowledge Store" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets. Contact: Mr. Aashish Mehra MarketsandMarkets INC. 630 Dundee Road Suite 430 Northbrook, IL 60062 USA: +1-888-600-6441 Email: sales@marketsandmarkets.com

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