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

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Rubber Processing Chemicals Market to surpass
5.31bn by 2025 Global Market Insights Inc.
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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.

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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.

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processing chemicals market _at_
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U.S. rubber processing chemicals market size, by
product, 2014 - 2025 (USD Million)

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Industry Coverage
Rubber Processing Chemicals Industry Background

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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.

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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.

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