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Updated Edition Report on Antidegradants Market Size & Share, Growth, Trends and Forecast 2017- 2025
"Antidegradants Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2017 - 2025 " is the latest addition to MarketResearchReports.Biz industry research reports collection.The main objective of this report is to define, describe, and forecast the global “Antidegradants” market on the basis of types of applications, major sectors, deployment models, organization size, and regions. The report contains an analysis of the major factors influencing the growth of the market (drivers, restraints, opportunities, and challenges). It aims to strategically analyze the micromarkets with respect to individual growth trends, prospects, and their contribution to the market. The report attempts to forecast the market size for 5 major regions, namely, North America, Europe, Asia Pacific (APAC), Middle East and Africa (MEA), and Latin America. It contains key vendor profiles and comprehensively analyzes their core competencies. The report also tracks and analyzes competitive developments, including partnerships, collaborations, acquisitions, new product developments, and R&D activities in the market.
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Rubber products, such as tires, are subjected to wear over a period of time due to air, heat, light, and flexing as rubber slowly loses its tensile strength and other properties. In order to retard the ageing of tires, several substances are used to manufacture rubber, one of such substance is antidegradants or deterioration inhibitor. These antidegradants include various antioxidants and antiozonants. Along with this, other materials such as organic compounds that, which is largely present in the rubber are used as antidegradants in the rubber industry. Antidegradants are categorized into staining antidegradants and non-staining antidegradants depending up on whether or not the rubber is colored, discolored, or otherwise stained.
Antidegradants are accounted to hold a significant share of the rubber additives market. This dominance is attributed to its property to safeguard the rubber from degradation caused by ozone and oxidation. They enhance dynamic properties of rubber, thereby preventing the aging of rubber products. Various applications of non-tire rubber, and increasing demand for rubber processing chemicals are driving the market. Increasing focus on green tires is proving to be a promising opportunity for rubber and additive manufacturers. On the other hand, rising environmental regulations are likely to hamper the antidegradants market. Additionally, high cost of production & raw material and environmental concerns are expected to restrain the market.
In terms of application, the antidegradants market is further segmented into tire and non-tire. The tire segment is the largest and accounted for a major share of the rubber additives market owing to the expansion of the automotive industry. Demand for antidegradants in industrial rubber products is expected to drive the market in near future.
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In terms of geography, the antidegradants market is divided into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. Asia Pacific is anticipated to lead the global antidegradants market in the forecast period. The growing production of rubber in China, India, and Japan is projected to drive the consumption of antidegradants. After China and Japan, Germany and France are projected to be the promising markets for the antidegradants. The mentioned countries are estimated to adopt new technological developments as compared to other geographic regions. Presence of large automobile producers in Europe is also projected to propel the antidegradants market.
Key players operating in the antidegradants market include Akrochem Corporation, Akzonobel N.V., Arkema S.A., Behn Meyer Holding AG, Eastman Chemical Company, Lanxess Aktiengesellschaft, and Struktol Company of America LLC.
The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.
The study is a source of reliable data on:
Market segments and sub-segments
Market trends and dynamics
Supply and demand
Market size
Current trends/opportunities/challenges
Competitive landscape
Technological breakthroughs
Value chain and stakeholder analysis
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The regional analysis covers:
North America (U.S. and Canada)
Latin America (Mexico, Brazil, Peru, Chile, and others)
Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
Eastern Europe (Poland and Russia)
Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
Middle East and Africa (GCC, Southern Africa, and North Africa)
The report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases). The report also features a complete qualitative and quantitative assessment by analyzing data gathered from industry analysts and market participants across key points in the industry’s value chain.
A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the report projects the attractiveness of each major segment over the forecast period.
Highlights of the report:
A complete backdrop analysis, which includes an assessment of the parent market
Important changes in market dynamics
Market segmentation up to the second or third level
Historical, current, and projected size of the market from the standpoint of both value and volume
Reporting and evaluation of recent industry developments
Market shares and strategies of key players
Emerging niche segments and regional markets
An objective assessment of the trajectory of the market
Recommendations to companies for strengthening their foothold in the market
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Antidegradant is basically an ingredient in the rubber compounds that deters the aging of the rubber products. Antidegradants include antioxidants and antiozonants. The aging of rubber is caused largely by oxygen, regarding this material that react with oxygen are used as an antidegradant depending on the type of rubber. Antidegradant is classified into staining as well as non-staining antidegradants.
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