Copyright © IMARC Service Pvt Ltd. All Rights Reserved Author: Elena Anderson, Marketing Manager | © 2019 IMARC All Rights Reserved IMARC Group www.imarcgroup.com [email protected] +1-631-791-1145 Rubber Additives Market Report 2023 By Type, Rubber Type and Application Key Regions and Competitive Landscape
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Report Description Report Description and Highlights Global Rubber Additives Market Outlook 2023-2028: The global rubber additives market size reached US$ 5.4 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 7.0 Billion by 2028, exhibiting a growth rate (CAGR) of 4.1% during 2023-2028. Rubber additives are compounds commonly added to natural and synthetic rubber to achieve the desired qualities. They are rubber polymers manufactured by combining various chemicals to improve their overall performance. They are used to enhance the physical properties of the finished product and provide tires with superior heat-resistance properties to withstand extreme temperature variations caused by high speed. Since they possess excellent cross-linkage and viscosity capabilities, rubber additives are gaining immense traction in various industrial manufacturing processes across the globe.
Report Description Report Description and Highlights Global Rubber Additives Market Trends: The global rubber additives market is primarily driven by rapid growth in the rubber industry. Additionally, the escalating demand for rubber additives in manufacturing rubber and its allied products is positively influencing the market growth. Additionally, the increasing use of rubber in the production of gaskets and covers for electrical wires is another major growth-inducing factor. Besides this, the surging adoption of rubber in the automotive and defense industries for manufacturing long-lasting and durable tires has catalyzed market growth. Furthermore, the increasing utilization of rubber products in conveyor belts and cable production that requires different rubber additives to improve their properties is contributing to the market growth. Other factors, including elevating vehicle sales, ongoing research and development (R&D) activities, rapid urbanization, and product innovations, are also anticipated to drive the market further. Request for a free sample report: https://www.imarcgroup.com/rubber-additivesmarket/requestsample
Market Summary: Breakup by Type: • Activators • Accelerators • Vulcanization Inhibitors • Plasticizers • Others Breakup by Rubber Type: • Natural Rubber • Synthetic Rubber Report Description Report Description and Highlights
Breakup by Application: • Tire • Conveyor Belts • Electric Cables • Others Breakup by Region: • North America • Europe • Asia Pacific • Middle East and Africa • Latin America On account of the aforementioned factors, the market is anticipated to witness strong growth during 2023-2028. Report Description Report Description and Highlights
Competitive Landscape With Key player: • Akrochem Corporation • Arkema S.A. • BASF SE • Behn Meyer Holding AG • China Petroleum & Chemical Corporation • China Sunsine Chemical Holdings Ltd. • Eastman Chemical Company • Lanxess AG • Nocil Ltd. • Solvay S.A. • Struktol Company of America LLC • Sumitomo Chemical Co. Ltd. • Thomas Swan & Co. Ltd View Report TOC, Figures and Tables: https://www.imarcgroup.com/rubber-additives-market Report Description Report Description and Highlights
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Report Description Report Description and Highlights © 2019 IMARC All Rights Reserved This Publication and all it’s contents unless otherwise mentioned are copyrighted in the name of International Market Analysis Research and Consulting (IMARC). No part of this publication may be reproduced, repackaged, redistributed or resold in whole or in any part. The publication may also not be used in any form or by and means graphic electronic or mechanical, including photocopying, recording, taping or by information storage or retrieval, or by any other form, without the express consent of International Market Analysis Research and Consulting (IMARC). Disclaimer: All contents and data of this publication, including forecasts, data analysis and opinion have been based on information and sources believed to be accurate and reliable at the time of publishing. International Market Analysis Research and Consulting makes no representation of warranty of any kind as to the accuracy or completeness of any Information provided. IMARC accepts no liability whatsoever for any loss or damage resulting from opinion, errors or inaccuracies if any found this publication. IMARC, IMARC Group and Global Therapy Insight Series are registered trademarks of International Market Analysis Research and Consulting. All other trademarks used in this publication are registered trademarks of their respective companies.
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