Title: Polyurethane Coating Market -Forecast (2022-2027)
1Plasticizers Tackifiers in Tyres MarketMarket
size, Industry outlook, Market Forecast, Demand
Analysis, Market Share, Market Report 2022-2027
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- Plasticizers Tackifiers in Tyres market size is
forecast to reach US49.2 billion by 2027 after
growing at a CAGR of 6.2 during 2022-2027. - Due to the increasing use of rubber additives
such as plasticizers and tackifiers in tyres as
they have low molecular weight properties of the
compounds, the demand for global plasticizers and
tackifiers resins in automotive tyres has risen. - Plasticizers play a very important role in the
rubber tyre industry because they can reduce
rubber viscosity and thus improve the processing
properties and filler dispersion to enhance
elasticity, known as viscoelasticity, and reduce
processing energy consumption.
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- Key Takeaways
- Asia-Pacific mainly dominates the plasticizers
tackifiers in tyres market, owing to the growing
demand from the automotive tyre manufacturing
industry, especially in China, India, Japan, and
South Korea. - The synthetic segment held the highest market
share of plasticizers and tackifiers in tyres
market. - Growing popularity of plasticizers tackifiers
in rubber tyres for their effectiveness and to
meet the demands of the end users application is
driving the market growth
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Plasticizers Tackifiers in Tyres Market Segment
Analysis By Geography Asia-Pacific region held
the largest share in the Plasticizers
Tackifiers in Tyres market in 2021 up to 43,
owing to the increasing demand from the
automotive industry, mainly in China, that has
increased at a rapid rate. Asia-Pacific holds the
position of the richest region in the world in
terms of its natural resources and availability
of raw materials, which is followed by other
major regions like Australia, North America, and
South America. Growing automotive industries in
the regions emerging economies such as China,
Japan, India, and Malaysia, is a key factor for
the plasticizers and tackifiers market to expand
steadily in the coming years.
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- Plasticizers Tackifiers in Tyres Industry
Outlook - BASF SE
- Exxon Mobil Chemical
- SI Group
- Eastman Chemical Company
- Kuraray Elastomer
- Evonik Industries AG
- Arkema S.A.
- Daelim Industrial Co. Ltd.
- Dow Chemical Company
- Ineos Group
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Plasticizers Tackifiers in Tyres Market -
Forecast ( 2022-2027) Learn More About the
Report _at_ https//www.industryarc.com/Report/191
42/plasticizers-tackifiers-in-tyres-market
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