Scienza e Tecnologia
Rubber Processing Chemicals Sales to Grow by 3% as Demand for Rubber Flame Retardants Continues Accelerating: Fact MR Study
Among products available, sales of rubber flame retardants will rise at a high pace. Sales of this product category will rise in response to the increasing demand for solutions to prevent tire overheating in the automotive sector.
Based on application, sales within rubber processing chemicals for tire manufacturing will account for nearly 40% of revenue generated in the market by 2031. Rising demand for curing systems and anti-ozonants is expected to primary cash cow since these systems are often incorporated to prevent wear and tear of rubber tires.
Rising demand for curing anti-ozonants, and antioxidants systems will generate revenue as they are increasingly demanded to prevent wear and tear of rubber tires. For instance, Brenntag SE deliver AMINOX and BLE 65 stabilizers that perform the same.
Key players operating in the global rubber processing chemicals market are investing in research and development activities to accelerate production capacities. They are also engaging in core strategies such as collaborations, merger & acquisitions to enhance their footprints in the market.
For instance, BASF SE, offers Koresin rubber tackifier that is suitable for application in production of premium and quality tires for replacement & re-treading operations, OEMs, special vehicles, trucks, and cars in the automotive industry.
Key players operating in the rubber processing chemicals market profiled by Fact.MR includes
Fact.MR provides an unbiased analysis of the rubber processing chemicals market, presenting historical demand data (2016-2020) and forecast statistics for the forecast periods from 2021-2031. The study divulges compelling insights on the global rubber processing chemicals with a detailed segmentation on the basis of
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