Title: Rubber Additives Market - Forecast (2021 - 2026)
1Rubber Additives MarketMarket size, Industry
outlook, Market Forecast, Demand Analysis, Market
Share, Market Report (2021-2026)
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- Rubber Additives Market size is forecast to reach
US 4.6 billion by 2026, after growing at a CAGR
6 during 2021-2026. Globally, the rising demand
for automobile-related products that are both
efficient and of high quality is anticipated to
raise the demand for rubber additives. - Furthermore, increasing usage of rubber additives
that is to be applied on the finished product
during the ethylenepropylenediene
monomer vulcanization process to give it strength
and certain qualities is anticipated to boost the
market growth. The rising usage of silicone
rubber additives to cure speeds, hardness,
rheology, and various other physical properties
of the cured rubber will also drive the growth of
the rubber additives market.
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- Key Takeaways
- Asia-pacific region dominated the rubber
additives market due to the rising production of
automotive and aerospace in emerging economies
such as India, China, South Korea, and Japan. - Increasing demand for flame retardant rubber
owing to its cost effectiveness in applications
such as adhesives, hoses, and others, is
estimated to drive the growth of the market in
the projected period. - The rising usage of rubber polymers in tire
manufacturing and electrical insulation
industries is estimated to drive the global
demand for rubber additives over the forecast
period.
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By Distribution Channel- Segment
Analysis Synthetic rubber held the largest share
in the rubber additives market in 2020. As
compared to natural rubber, synthetic rubber
posses superior characteristics such as abrasion
resistance and ability to adhere to metals, due
to which it is extensively used to manufacture
parts such as rubber gaskets, seals, tubing, and
more. Rising usage of synthetic rubber owing to
its attractive properties has further raised the
demand for rubber additives. Furthermore, the
increasing usage of silicone rubber additives and
ethylenepropylenediene monomer vulcanization
rubber in several applications would further
drive the growth of the market over the forecast
period.
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- Rubber Additives Market Outlook
- BASF SE
- Lanxess AG
- Akzonobel N.V.
- Solvay SA
- Arkema SA
- China Petrochemical Corporation (Sinopec)
- Eastman Chemical Company
- NOCIL LIMITED
- China Sunsine Chemical Holdings Limited among
others.
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Rubber Additives Market Forecast (2021 -
2026) Learn More About the Report _at_
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dditives-market.html
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- Analyst Briefing
- Data Tables
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