Increasing Utilization of Synthetic Rubber Products to be Key Growth Opportunity for Anti-Degradant Rubber Processing Chemicals
The report offers actionable and valuable market insights of Anti-Degradant Rubber Processing Chemicals. The latest report by Fact.MR provides details on the present scenario of the market across various regions along with the historic data and forecast of the market. The report also includes information on the sales and demand of Anti-Degradant Rubber Processing Chemicals Market across various industries and regions.
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The market study done by Fact.MR gives exclusive information about how the market will grow. The study identifies crucial trends that are determining the growth of Anti-Degradant Rubber Processing Chemicals market. This newly published report sheds light on vital dynamics, such as the drivers, restraints, and opportunities for key market players as well as emerging players associated with the production and supply. The latest report by Fact.MR provides detailed Market Analysis of Anti-Degradant Rubber Processing Chemicals
The rubber processing chemicals market experienced slow growth in 2020, closing in at just over US$ 5 Bn, attributed to recessionary impacts induced by the COVID-19 pandemic. A new forecast by Fact.MR estimates that rubber processing chemical revenue will expand 1.2X from 2021 to 2031, reaching close to US$ 6 Bn at a 10-year CAGR of nearly 3%.
This newly published and insightful report sheds light on Market Insights of Anti-Degradant Rubber Processing Chemicals, key dynamics, their impact on the overall value chain from suppliers to end-users and Growth of Anti-Degradant Rubber Processing Chemicals Market.
Estimates at global and regional levels for rubber processing chemicals are available in terms of "US$ Mn" for value and in "'000 Units" for volume. A Y-o-Y growth contrast on prominent market segments, along with market attractiveness evaluation, has been incorporated in the report. Furthermore, absolute dollar opportunity analysis of all the segments adds prominence to the report. Absolute dollar opportunity plays a crucial role in assessing the level of opportunity that a manufacturer/distributor can look to achieve, along with identifying potential resources, considering the sales and distribution perspective in the global rubber processing chemicals market.
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Key Segments Covered in Market Study
Anti-Degradant Rubber Processing Chemicals
Rubber Processing Accelerators
Rubber Flame Retardant Chemicals
Rubber Processing Aids/Promoters
Other Rubber Processing Chemical Products
Rubber Processing Chemicals for Tire Applications
Rubber Processing Chemicals for Non-Tire Applications
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Key Takeaways from Market Study
Demand for flame retardants in rubber processing to incline at a CAGR exceeding 3%
Anti-degradant rubber processing chemical sales to reach nearly US$ 3 Bn by 2031
By application, tire manufacturing to account for over 40% rubber processing chemical demand
Sales across the U.S. surpassed US$ 1 Bn in 2020, nudged by applications across synthetic rubber manufacturing
Robust chemical industry growth to heighten sales across China, poised to expand at over 5% CAGR
India, Australia, and South Korea to contribute a total of over US$ 800 Mn by 2031
"Growing emphasis on improving structural quality of rubber-manufactured products, in terms of durability, flexibility, and abrasion resistance, is heightening incorporation of rubber processing chemicals by key industries," says a Fact.MR analyst.
BASF SE, Arkema Group, Behn Meyer Holding AG, China Petroleum & Chemical Corporation (SINOPEC), Eastman Chemical Company, Emerald Kalama Chemical LLC, Emery Oleochemicals Group, Kumho Petrochemical Co. Ltd. (KKPC), and Sinochem Group Co. Ltd. are prominent rubber processing chemical manufacturers profiled in Fact.MR's report.
In March 2019, Emerald Kalama Chemical LLC announced the launch of two new proprietary innovations in its VITROFLEX® benzoate plasticizers A90 and A99, which are used in the A (polymer) side of 2-part polysulfide sealants, ensuring higher performance.
In May 2021, Behn Meyer Holding AG companies operating across Thailand acquired the ISO 14001: 2015 certification for their impressive environmental management systems (EMS). These include its chemicals and agribusiness units.
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Report Benefits & Key Questions Answered
Anti-Degradant Rubber Processing Chemicals Company & brand share analysis: The report offers brand-share analysis on Anti-Degradant Rubber Processing Chemicals market to offer a more in-depth competition deep-dive. This is intended at assisting companies at proactive long-term planning.
Anti-Degradant Rubber Processing Chemicals Historical volume analysis: Factors affecting sales in the past are analyzed in detail. The report also offers comparative analysis between growth trajectory exhibited in 2016-2020 and 2021-2031.
Anti-Degradant Rubber Processing Chemicals Category & segment level analysis: To offer a comprehensive analysis, the market identifies leading segments and highlights chief factors enabling growth across these categories.
Anti-Degradant Rubber Processing Chemicals Consumption by demographics: The demographic analysis is intended at providing recommendations to companies to help them create growth strategies around dynamic consumption patterns.
Anti-Degradant Rubber Processing Chemicals Manufacturing trend analysis: Manufacturing trend analysis is the key highlight of the study. It offers vital data on strategies adopted by market players to align their manufacturing strategies as per prevailing market trends.
Post COVID consumer spending on Anti-Degradant Rubber Processing Chemicals: The survey offers a chapter dedicated to analyzing post COVID consumer behavior. Changes in their spending pattern are carefully analyzed to offer insights into potential impact on Anti-Degradant Rubber Processing Chemicals sales.
More Valuable Insights on Anti-Degradant Rubber Processing Chemicals Market
Fact.MR, in its new report, offers an unbiased Market Analysis of Anti-Degradant Rubber Processing Chemicals, Sales and Demand of Anti-Degradant Rubber Processing Chemicals, analyzing forecast statistics through 2019 and beyond. The study reveals growth projections on the basis of various criteria.
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