Title: Diphenylamine Rubber Antioxidant Market – Forecast (2022-2027)
1Diphenylamine Rubber Antioxidant MarketMarket
size, Industry outlook, Market Forecast, Demand
Analysis, Market Share, Market Report 2022-2027
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- Diphenylamine Rubber Antioxidant Market size is
forecast to reach US95.3 million by 2027, after
growing at a CAGR of 3.3 during 2022-2027. - Diphenylamine is an amine-type antioxidant
generally used in the elastomers. It is a
staining and blooming type antioxidant that
provides superior heat and flex-cracking
resistance to rubber vulcanizates and is utilized
in natural rubber (NR) and synthetic rubber (SR)
goods. - The increasing preference for synthetic rubber
over natural rubber due to its superior abrasion
resistance and heat resistance is the critical
factor estimated to fuel the demand for
diphenylamine rubber antioxidant over the
forecast period.
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- Key Takeaways
- The APAC region dominates the diphenylamine
rubber antioxidant market due to the rising
growth and demand of the automotive sector. - For instance, according to the China Association
of Automobile Manufacturers car sales were 25.28
million units in 2020, 25.76 million units in
2019, and 28.04 million units in 2018. Automobile
sales exceeded 2017-2018 levels in the second
half of 2020. - An increase in demand for electric vehicles (EVs)
is one of the primary factors driving the growth
of the market. For instance, according to India's
National Investment Promotion and Facilitation
Agency electric vehicle demand is expected to
rise even more in the near future.
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Diphenylamine Rubber Antioxidant Market Segment
Analysis By Geography The Asia-Pacific region
dominated the diphenylamine rubber antioxidant
market with a share of 45 in terms of value in
the year 2021. The market in the region is
witnessing expansion with increasing investments
in several end-use sectors. Also, companies here
are offered with lucrative opportunities to
increase their production capacity and, in turn,
to stimulate market growth. According to the
International Rubber Study Group, in 2020 the
consumption of synthetic rubber in Asia-Pacific
stood 8,500 '000 mt. Also, natural rubber use is
predominantly concentrated in the Asia Pacific
region, with China, India, and Thailand being the
largest consumers.
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- Diphenylamine Rubber Antioxidant Outlook
- Lanxess
- Eastman Chemical Company
- Jiangsu Feiya Chemical Industry Co. Ltd.
- Huntsman International LLC
- Agrofert
- Naiknavare Chemicals Limited
- Kawachem
- OUCHI SHINKO CHEMICAL
- Feiya Chemical
- Duslo A.S.
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Diphenylamine Rubber Antioxidant Market
Forecast ( 2022-2027) Learn More About the
Report _at_ https//www.industryarc.com/Research/G
lobal-Diphenylamine-Rubber-Antioxidant-Market-Rese
arch-511636
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