Rubber Additives Market worth $9.3 billion by 2026
Antidegradants is the largest type segment of the rubber additives market. Tire was the largest application segment of the rubber additives market. Asia Pacific 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.
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