Rubber Processing Chemicals Market Size, Share Global Analysis Report, 2020–2026

Industry Insights

[191+ Pages Report] According to the report published by Facts Factors, the global rubber processing chemicals market size was worth around USD 4.6 billion in 2019 and is predicted to grow to around USD 6.5 billion by 2026 with a compound annual growth rate (CAGR) of roughly 5.2% between 2020 and 2026. The report analyzes the global rubber processing chemicals market drivers, restraints/challenges, and the effect they have on the demands during the projection period. In addition, the report explores emerging opportunities in the rubber processing chemicals market.

The rubber processing chemicals market report analyzes and notifies the industry statistics at the global as well as regional and country levels in order to acquire a thorough perspective of the entire rubber processing chemicals market. The historical and past insights are provided for FY 2016 to FY 2019 whereas projected trends are delivered for FY 2020 to FY 2026. The quantitative and numerical data is represented in terms of both volume (Kilo Tons) and value (USD Billion) from FY 2016 – 2026.

This specialized and expertise-oriented industry research report scrutinizes the technical and commercial business outlook of the rubber processing chemicals industry. The report analyzes and declares the historical and current trends analysis of the rubber processing chemicals industry and subsequently recommends the projected trends anticipated to be observed in the rubber processing chemicals market during the upcoming years.

Key Insights from Primary Research

• As per our primary respondents, the rubber processing chemicals market is set to grow annually at a rate of around 5.2%
• It was established through primary research that the rubber processing chemicals market was valued at around USD 4.6 billion in 2019
• The Asia Pacific held the largest market share of rubber processing chemicals in terms of revenue in 2019
• The “Anti-Degradants” category, on the basis of type segmentation, was the leading revenue-generating category in 2019
• The “Tire” category, on the basis of application segmentation, was the leading revenue-generating in 2019

Key Recommendations from Analysts

• As per our analysts, the rubber and automobile industry is expected to drive the market for rubber processing chemicals in the coming years
• High demand for heat, water, and mechanical resistance rubber is likely to fuel the rubber processing chemicals market in the near future
• Stringent regulation led by the government for rubber processing due to the huge amount of pollution caused by rubber processing is anticipated to hamper the market growth
• Emerging economies such as India, China, and Japan are expected to be the most prominent markets for rubber processing chemicals in the near future due to the increasing automobile industry
• Stringent regulations imposed by the government in North America for the use of rubber processing chemicals may limit the growth of the rubber processing chemicals market

Global Rubber Processing Chemicals Market Share – By Region

The quantitative data is further underlined and reinforced by comprehensive qualitative data which comprises various across-the-board market dynamics. The rationales which directly or indirectly impact the rubber processing chemicals industry are exemplified through parameters such as growth drivers, restraints, challenges, and opportunities among other impacting factors.

Throughout our research report, we have encompassed all the proven models and tools of industry analysis and extensively illustrated all the key business strategies and business models adopted in the rubber processing chemicals industry. The report provides an all-inclusive and detailed competitive landscape prevalent in the rubber processing chemicals market.

The report utilizes established industry analysis tools and models such as Porter’s Five Forces framework to analyze and recognize critical business strategies adopted by various stakeholders involved in the entire value chain of the rubber processing chemicals industry. The rubber processing chemicals market report additionally employs SWOT analysis and PESTLE analysis models for further in-depth analysis. The report is equipped with a radar chart that will compare various categories of the segment on a given scale in order to give a scale for comparison.

The report study further includes an in-depth analysis of industry players' market shares and provides an overview of leading players' market position in the rubber processing chemicals sector. Key strategic developments in the rubber processing chemicals market competitive landscape such as acquisitions & mergers, inaugurations of different products and services, partnerships & joint ventures, MoU agreements, VC & funding activities, R&D activities, and geographic expansion among other noteworthy activities by key players of the rubber processing chemicals market are appropriately highlighted in the report.

Rubber processing chemicals enhance rubber properties in terms of heat resistance, water, and mechanical stress resistance. Therefore, rubber processing chemicals find applications in various industries such as in rubber and automobile industries which are expected to drive the market growth of rubber processing chemicals in the coming years. Rubber-based products such as tires, mats, hoses, floors, gloves, and belts are highly consumed across the globe.

This has led to the high growth of the rubber industry, in turn, exhibiting the growth of the rubber processing chemical market in the coming years. Stringent regulations imposed by the governing bodies on harmful emissions exhaled out during rubber processing may hinder the rubber processing chemical market growth in the forecast period. Nevertheless, increasing demand for bio-based rubber along with growing demand for rubber processing chemicals from emerging countries is likely to open a new avenue for the rubber processing chemicals market in the coming years.

The rubber processing chemicals market research report delivers an acute valuation and taxonomy of the rubber processing chemicals industry by practically splitting the market on the basis of different types, applications, and regions. Through the analysis of the historical and projected trends, all the segments and sub-segments were evaluated through the bottom-up approach, and different market sizes have been projected for FY 2020 to FY 2026.

Report Scope

The regional segmentation of the rubber processing chemicals industry includes the complete classification of all the major continents including North America, Latin America, Europe, Asia Pacific, and the Middle East & Africa. Further, country-wise data for the rubber processing chemicals industry is provided for the leading economies of the world.

The rubber processing chemicals market is segmented based on Type and Application. On the basis of type segmentation, the market is classified into Flame Retardants, Anti-Degradants, Processing Aids, and Accelerators. In terms of Application segmentation, the market is bifurcated into Non-Tire and Tire.

Some of the essential players operating in the rubber processing chemicals market, but not restricted include

•  LANXESS Corporation
•  Solvay SA
•  Emerald Performance Materials
•  Chemtura Corporation
•  China Petroleum & Chemical Corporation
•  Behn Meyer Group
•  R.T. Vanderbilt Company
•  Eastman Chemical Company
•  Akzonobel N.V
•  Emery OleochemicalsLlc

The taxonomy of the rubber processing chemicals industry by its scope and segmentation is as follows:

By Type Segmentation Analysis

• Flame retardants
• Anti-degradants
• Processing aid
• Accelerators

By Application Segmentation Analysis

• Tire
• Non-tire

Regional Segmentation Analysis

• North America
  • The U.S.
  • Canada
• Europe
  • Germany
  • The UK
  • France
  • Spain
  • Italy
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Southeast Asia
  • Rest of Asia Pacific
• Latin America
  • Brazil
  • Mexico
  • Rest of Latin America
• Middle East & Africa
  • GCC
  • South Africa
  • Rest of the Middle East & Africa