Rubber Processing Chemicals Market to grow 4.9% CAGR from 2018 to 2025 - PowerPoint PPT Presentation

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Rubber Processing Chemicals Market to grow 4.9% CAGR from 2018 to 2025

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Request Sample of Report @ Asia Pacific is anticipated to grow with a highest CAGR over the forecast timeframe 2018-2025. Automobile is the major end-user in rubber chemicals market and 40% of automobile production is done China, due to which Asia Pacific registered highest product demand in 2017 with holding more than 60% market share. North America rubber processing market shall grow with a prominent CAGR in near future, owing to the presence of major automobile manufacturers in the U.S. – PowerPoint PPT presentation

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Title: Rubber Processing Chemicals Market to grow 4.9% CAGR from 2018 to 2025


1
Rubber Processing Chemicals Market to surpass
5.31bn by 2025 Global Market Insights Inc.
2
Key Insights from Rubber processing chemicals
market
  • Rubber Processing Chemicals Market is forecast to
    exceed USD 5.3 billion by 2025 according to a
    new research report by Global Market Insights.
  • Global rubber processing chemicals market will
    be primarily driven by rapidly increasing
    automobile industry. According to latest OICA
    reports global automobile sale in 2017 was 97
    million vehicles. This massive size of the
    automobile industry shall fuel the product demand
    in near future. In addition, positive growth
    number from the construction industry are likely
    to help the rubber processing chemical market to
    grow further. Product is used in the construction
    industry in roofing materials, floor covering,
    sound insulators and sealants.
  • However, rubber chemicals are facing stringent
    regulations by government due to hazardous impact
    of the product on human health and environment.
    This is likely to hamper the product demand over
    the forecast timespan. Furthermore, the tire
    industry is shifting from conventional tires to
    green tires. This shift in the industry is
    anticipated to curb the rubber processing
    chemicals market size in near future.

3
Continued...
  • in 2017, accelerator product segment generated
    revenue over USD 1.5 billion in rubber processing
    chemicals market and it is projected to
    experience a highest CAGR during the forecast
    period. These are used to accelerate the
    production speed. It reduces the rubber
    production time up to one tenth and contribute to
    fast and economical production of good quality
    rubber. Crude rubber can acquire high elasticity
    by using the accelerators while rubber
    manufacturing.
  • With increasing usage and application of rubber
    across the globe, accelerators rubber chemicals
    are anticipated to experience a healthy growth in
    demand near future. Anti-degradant rubber
    chemicals are likely to experience the
    significant growth number over the forecast
    period. Anti-degradant rubber chemicals improve
    the rubber's resistance to the effects of
    sunlight, oxidation, ozone, mechanical stress and
    heat.

4

Browse Full Market Research Report On Rubber
processing chemicals market _at_
https//bit.ly/2qj0pyC Request for a
Sample of this Research Report _at_
https//bit.ly/2PAXli5
5
U.S. rubber processing chemicals market size, by
product, 2014 - 2025 (USD Million)

6
Industry Coverage
Rubber Processing Chemicals Industry Background

7
Continued...
  • in 2017, accelerator product segment generated
    revenue over USD 1.5 billion in rubber processing
    chemicals market and it is projected to
    experience a highest CAGR during the forecast
    period. These are used to accelerate the
    production speed. It reduces the rubber
    production time up to one tenth and contribute to
    fast and economical production of good quality
    rubber.
  • Crude rubber can acquire high elasticity by using
    the accelerators while rubber manufacturing. With
    increasing usage and application of rubber across
    the globe, accelerators rubber chemicals are
    anticipated to experience a healthy growth in
    demand near future. Anti-degradant rubber
    chemicals are likely to experience the
    significant growth number over the forecast
    period.
  • Asia Pacific is anticipated to grow with a
    highest CAGR over the forecast timeframe
    2018-2025. Automobile is the major end-user in
    rubber chemicals market and 40 of automobile
    production is done China, due to which Asia
    Pacific registered highest product demand in 2017
    with holding more than 60 market share. North
    America rubber processing market shall grow with
    a prominent CAGR in near future, owing to the
    presence of major automobile manufacturers in the
    U.S.

8
Companies
  • Giant multinational players are operating in the
    rubber processing chemicals market. Some major
    players working in the industry includes, BASF
    SE, Solvay S.A., Kumho Petrochemicals, Eastman
    Chemical Company, AkzoNobel N.V., Emerald
    Performance Materials, Linkwell, Sumitomo
    Chemicals, R.T. Venderbilt Holding Company, Inc.,
    Merchem Ltd and Pukhraj Additives LLP.

9
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