DUBLIN--(BUSINESS WIRE)--The "Rubber Processing Chemicals Market Size, Share & Trends Analysis Report By Product (Anti-Degradants, Accelerators, Flame Retardants, Processing Aid), By Application, By Region, And Segment Forecasts, 2018 - 2024" report has been added to ResearchAndMarkets.com's offering.
Key Findings
- Asia Pacific accounted for 47.2% of the overall volume, thus, dominating the global market in 2015. This is owing to high demand from developing automotive and construction industries in emerging economies such as China and India.
- China was the market leader in terms of production and consumption on account of rapid industrialization. However, it is experiencing a shift from rapid to moderate industrial growth. The Chinese rubber processing chemicals market was valued at USD 1.18 billion in 2015.
- Flame retardants are expected to witness fastest growth over the forecast period on account of rising awareness regarding safety and protection across the globe and high demand for flame retardant rubber products.
- Latin America was estimated at 185.6 kilo tons in 2015 and the region exhibits expanding automotive industry. Increasing purchase of automobiles is expected to fuel regional demand for rubber tires.
- Lanxess AG, Solvay SA, AkzoNobel N.V., BASF SE, Arkema SA, Eastman Chemical Company and Kumho Petrochemicals are some of the key market players. Market is characterized by integration of key players across the value chain at stages involving raw material supply and product manufacturing. Moreover, these companies are focusing on increasing their market presence through production expansion and tie-ups with distributors.
- Growing Demand from the Automotive Sector
- Increasing Demand for Non-Tire Rubber Products
- Stringent Environment Regulatory Framework
Chapter 1 Methodology & Scope
Chapter 2 Executive Summary
Chapter 3 Rubber Processing Chemicals Industry Outlook
Chapter 4 Rubber Processing Chemicals Market: Product Estimates & Trends Analysis
Chapter 5 Rubber Processing Chemicals Market: Application Estimates & Trends Analysis
Chapter 6 Rubber Processing Chemicals Market: Regional Estimates & Trends Analysis
Chapter 7 Competitive Landscape
Companies Profiled
- Lanxess AG
- Solvay S.A.
- AkzoNobel N.V.
- BASF SE
- Emerald Performance Materials
- Arkema S.A.
- Eastman Chemical Company
- R.T. Vanderbilt Holding Company, Inc.
- Behn Meyer Group
- Emery Oleochemicals LLC
- Chemtura Corporation
- Kumho Petrochemicals
- Sinochem Group
- Paul & Company
- Sinopec Corporation
- Merchem Limited
For more information about this report visit https://www.researchandmarkets.com/research/tpfzmm/global_rubber?w=4