Rubber Processing Chemicals Market, Application Development Potential, Price Trends, 2017-2024

The global rubber processing chemicals market size is propelled by positive growth initiators in the construction industry. As the product finds application in floor covering, roofing materials, sealants and sound insulators in the industry. Due to rapid industrialization and urbanization, the construction industry is gaining momentum and is expected to grow at a CAGR close to 4% over the projected timeframe. It is probable to positively influence the rubber processing chemicals market by 2024.

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Rubber is a polymer of isoprene, harvested in the form of latex and contains minor impurities. The elasticity of rubber makes it suitable for shock absorbers and other applications to reduce vibrations in machinery. The product is used to increase the commercial viability of rubber in various end user applications. Automotive industry is a major growth driver for rubber industry due to heavy consumption of rubber in manufacturing tires and other small equipment.

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Stringent regulations are imposed by government due to hazardous impact of the product on human health and environment. It is expected to curb the rubber processing chemicals market size in the coming future. Furthermore, the shift in the industry from conventional tires to green tires in future is likely to decrease the footholds and henceforth resulting in hampering the overall rubber processing chemicals market over the forecast timespan.

Global rubber processing chemicals market share is divided based on product into accelerators, anti-degradants, flame retardants and processing aids/promoters. Anti-degradants are a major segment in the business and captures over 50% of market size in terms of revenue. During vulcanization process, it is mixed with other products including curing agents, accelerators and crude rubber to obtain exceptional results in terms of finishing, tensile strength and higher resistance from heat.

The Rubber Processing Chemicals Market Report Consists of,
1. Methodology and Scope
2. Executive Summary
3. Rubber Processing Chemicals Industry Insights
3.1 Industry segmentation
3.2. Industry size, forecast and growth expectations, 2016 - 2024
3.3. Industry ecosystem analysis
3.4. Raw material insights
3.5. Technology insights
3.6. Regulatory framework
3.7. Industry dynamics
3.8. Key growth opportunities
3.9. Porter's analysis
3.10. Company market share, 2015
3.11. PESTEL analysis
3.14. Regional price trends
4. Rubber Processing Chemicals Product Insights
5. Rubber Processing Chemicals Application Insights
6. Rubber Processing Chemicals Regional Insights
7. Competitor Profiles

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In North America, countries including the U.S. and Canada has growing automobile sector due to consistent technological developments which are likely to scale the growth of rubber usage in the industry. It is expected to contribute towards growing trends in the rubber processing chemicals market. In Asia Pacific, countries including China and India are witnessing rapid industrialization and urbanization and henceforth resulting in booming construction industry.

The key global players of rubber processing chemicals market share are BASF SE, Solvay SA, Lanxess AG, AkzoNobel N.V., R.T. Vanderbilt Holding Company, Inc., Eastman Chemicals Company, Arkema Inc., Sumitomo Chemical Company, China Petroleum & Chemical Corporation, LINKWELL, Merchem. Company and Emerald Performance Materials.

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