The Global Rubber Additives Market size was estimated at USD 7.8 billion in 2021 and is expected to hit around USD 9.3 billion by 2031, poised to grow at a compound annual growth rate (CAGR) of 3.5% from 2022 to 2031.
Global Rubber Additives Market: Breakup by Region, (USD Billion) 2022 & 2031
Source: Primary Research and Secondary Research Analysis
The production and distribution of chemical compounds intended to improve the processing properties, performance, and durability of rubber-based goods is referred to as the global rubber additives market. Rubber additives are essential for enhancing the performance and quality of a wide range of rubber products, such as seals, tyres, hoses, and belts. Rubber products perform better overall and last longer thanks to these additives, which are designed to fulfil certain needs like improved resilience, heat resistance, and wear resistance.
The global rubber additives market is driven by a number of factors, including the expanding automotive sector, the rising demand for high-performance tyres, and growing public awareness of the significance of sustainability in the rubber manufacturing process. Manufacturers are depending more and more on sophisticated rubber formulas to meet the growing demands for increased safety and fuel efficiency in cars, which is driving up the market for novel rubber additives. Key companies in the sector are present in the market and are actively conducting research and development to produce new additives that meet changing industry needs.
Several significant trends are influencing the direction of the global rubber additive market. The growing focus on environmentally friendly and sustainable chemicals is one important trend. There's a noticeable trend towards more environmentally friendly formulations as people become more conscious of the effects rubber manufacturing has on the environment. In order to provide bio-based rubber additives, manufacturers are funding research and development, which helps to promote a circular economy and a more sustainable society.
The growing need for high-performance tyres, which is being pushed by the developing automotive sector and rising consumer expectations for cutting-edge features, is another noteworthy trend. The demand for specialised rubber compositions with improved qualities, like increased durability, safety, and fuel efficiency, is growing as cars become more advanced. Rubber additives are seeing a surge in innovation as a result of this trend, with a particular emphasis on creating state-of-the-art solutions to satisfy the changing needs of the automobile industry.
Furthermore, the Asia-Pacific area is the market leader due to strong industrialization and a growing automotive industry, especially in nations like China and India. Rubber additive demand is being driven by the region's infrastructure development and economic expansion. In addition, the incorporation of smart technologies in tyre production is becoming a prominent trend due to technological improvements. This gives market participants the chance to investigate novel approaches and obtain a competitive advantage. All things considered, the global market for rubber additives is changing in response to the changing demands of the industry and the increased focus on performance and sustainability.
Recent Developments:
Current trends in the global rubber additives market show a changing environment fueled by innovation in technology and an emphasis on sustainability. The growing use of nanotechnology in rubber additive compositions is one noteworthy trend. Rubber's mechanical qualities, such as strength, flexibility, and thermal stability, are being improved via the incorporation of nanomaterials. The development of high-performance rubber products across multiple industries is being facilitated by this innovation.
Green and sustainable additives are also becoming more and more popular, and manufacturers are spending money on studies to lessen the environmental effect of rubber processing. Bio-based rubber additives—which come from renewable resources—are becoming more and more popular as a greener substitute. This is motivated by customer desires for ecologically friendly products as well as legislative pressures, and it is in line with the global movement towards sustainability.
Table of Content
Global Rubber Additives Market Research Report, 2020-2031.
Chapter 1. Introduction
1.1. Report description
1.2. Key market segments
1.3. Regional Scope
1.4. Executive Summary
Chapter 2. Research Methodology
2.1. Secondary Research
2.2. Primary Research
2.3. Secondary Analyst Tools and Models
Chapter 3. Market Dynamics
3.1. Market driver analysis
3.2. Market restraint analysis
3.3. Market Opportunity
3.4. Market Challenges
3.5. Impact analysis of COVID-19 on the Rubber Additives Market
Chapter 4. Market Variables and Outlook
4.1. SWOT Analysis
4.1.1. Strengths
4.1.2. Weaknesses
4.1.3. Opportunities
4.1.4. Threats
4.2. Supply Chain Analysis
4.3. PESTEL Analysis
4.3.1. Political Landscape
4.3.2. Economic Landscape
4.3.3. Social Landscape
4.3.4. Technological Landscape
4.3.5. Environmental Landscape
4.3.6. Legal Landscape
4.4. Porter’s Five Forces Analysis
4.4.1. Bargaining Power of Suppliers
4.4.2. Bargaining Power of Buyers
4.4.3. Threat of Substitute
4.4.4. Threat of New Entrant
4.4.5. Competitive Rivalry
Chapter 5. Rubber Additives Market: Type Estimates & Trend Analysis
5.1. Rubber Additives Market value share and forecast, (USD Billion) (2020 to 2031)
5.2. Incremental Growth Analysis and Infographic Presentation
5.3. Antioxidants
5.3.1. Market Size & Forecast, (USD Billion) 2020-2031
5.4. Accelerators
5.4.1. Market Size & Forecast, (USD Billion) 2020-2031
5.5. Anti-Aging Agents
5.5.1. Market Size & Forecast, (USD Billion) 2020-2031
5.6. Plasticizers
5.6.1. Market Size & Forecast, (USD Billion) 2020-2031
5.7. Vulcanizing Agents
5.7.1. Market Size & Forecast, (USD Billion) 2020-2031
5.8. Activators
5.8.1. Market Size & Forecast, (USD Billion) 2020-2031
5.9. Stabilizers
5.9.1. Market Size & Forecast, (USD Billion) 2020-2031
5.10. Others
5.10.1. Market Size & Forecast, (USD Billion) 2020-2031
Chapter 6. Rubber Additives Market: Application Estimates & Trend Analysis
6.1. Rubber Additives Market value share and forecast, (USD Billion) (2020 to 2031)
6.2. Incremental Growth Analysis and Infographic Presentation
6.3. Tires
6.3.1. Market Size & Forecast, (USD Billion) 2020-2031
6.4. Non-Tire Automotive Products
6.4.1. Market Size & Forecast, (USD Billion) 2020-2031
6.5. Footwear
6.5.1. Market Size & Forecast, (USD Billion) 2020-2031
6.6. Industrial Goods
6.6.1. Market Size & Forecast, (USD Billion) 2020-2031
6.7. Consumer Goods
6.7.1. Market Size & Forecast, (USD Billion) 2020-2031
6.8. Others
6.8.1. Market Size & Forecast, (USD Billion) 2020-2031
Chapter 7. Rubber Additives Market: End-Use Size Estimates & Trend Analysis
7.1. Rubber Additives Market value share and forecast, (USD Billion) (2020 to 2031)
7.2. Incremental Growth Analysis and Infographic Presentation
7.3. Automotive
7.3.1. Market Size & Forecast, (USD Billion) 2020-2031
7.4. Aerospace
7.4.1. Market Size & Forecast, (USD Billion) 2020-2031
7.5. Industrial Manufacturing
7.5.1. Market Size & Forecast, (USD Billion) 2020-2031
7.6. Consumer Goods
7.6.1. Market Size & Forecast, (USD Billion) 2020-2031
7.7. Healthcare
7.7.1. Market Size & Forecast, (USD Billion) 2020-2031
7.8. Others
7.8.1. Market Size & Forecast, (USD Billion) 2020-2031
Chapter 8. Rubber Additives Market: Function Estimates & Trend Analysis
8.1. Rubber Additives Market value share and forecast, (USD Billion) (2020 to 2031)
8.2. Incremental Growth Analysis and Infographic Presentation
8.3. Improving elasticity
8.3.1. Market Size & Forecast, (USD Billion) 2020-2031
8.4. Enhancing strength
8.4.1. Market Size & Forecast, (USD Billion) 2020-2031
8.5. Increasing durability
8.5.1. Market Size & Forecast, (USD Billion) 2020-2031
8.6. Heat resistance
8.6.1. Market Size & Forecast, (USD Billion) 2020-2031
8.7. Improving adhesion
8.7.1. Market Size & Forecast, (USD Billion) 2020-2031
8.8. Others
8.8.1. Market Size & Forecast, (USD Billion) 2020-2031
Chapter 9. Rubber Additives Market: Regional Estimates & Trend Analysis
9.1. Rubber Additives Market value share and forecast, (USD Billion) (2020 to 2031)
9.2. Incremental Growth Analysis and Infographic Presentation
9.3. North America
9.3.1. Market Size & Forecast, (USD Billion) 2020-2031
9.4. Europe
9.4.1. Market Size & Forecast, (USD Billion) 2020-2031
9.5. Asia Pacific
9.5.1. Market Size & Forecast, (USD Billion) 2020-2031
9.6. Middle East & Africa
9.6.1. Market Size & Forecast, (USD Billion) 2020-2031
9.7. Latin America
9.7.1. Market Size & Forecast, (USD Billion) 2020-2031
Chapter 10. Rubber Additives Market: Country Estimates & Trend Analysis
10.1. Rubber Additives Market value share and forecast, (USD Billion) (2020 to 2031)
10.2. Incremental Growth Analysis and Infographic Presentation
10.3. U.S.
10.3.1. Market Size & Forecast, (USD Billion) 2020-2031
10.4. Canada
10.4.1. Market Size & Forecast, (USD Billion) 2020-2031
10.5. Mexico
10.5.1. Market Size & Forecast, (USD Billion) 2020-2031
10.6. UK
10.6.1. Market Size & Forecast, (USD Billion) 2020-2031
10.7. France
10.7.1. Market Size & Forecast, (USD Billion) 2020-2031
10.8. Germany
10.8.1. Market Size & Forecast, (USD Billion) 2020-2031
10.9. Russia
10.9.1. Market Size & Forecast, (USD Billion) 2020-2031
10.10. Italy
10.10.1. Market Size & Forecast, (USD Billion) 2020-2031
10.11. Spain
10.11.1. Market Size & Forecast, (USD Billion) 2020-2031
10.12. China
10.12.1. Market Size & Forecast, (USD Billion) 2020-2031
10.13. India
10.13.1. Market Size & Forecast, (USD Billion) 2020-2031
10.14. Japan
10.14.1. Market Size & Forecast, (USD Billion) 2020-2031
10.15. Indonesia
10.15.1. Market Size & Forecast, (USD Billion) 2020-2031
10.16. South Korea
10.16.1. Market Size & Forecast, (USD Billion) 2020-2031
10.17. Australia
10.17.1. Market Size & Forecast, (USD Billion) 2020-2031
10.18. Brazil
10.18.1. Market Size & Forecast, (USD Billion) 2020-2031
10.19. Argentina
10.19.1. Market Size & Forecast, (USD Billion) 2020-2031
10.20. Saudi Arabia
10.20.1. Market Size & Forecast, (USD Billion) 2020-2031
10.21. UAE
10.21.1. Market Size & Forecast, (USD Billion) 2020-2031
10.22. South Africa
10.22.1. Market Size & Forecast, (USD Billion) 2020-2031
Chapter 11. Competitive Landscape
11.1. Company Market Share Analysis
11.2. Vendor Landscape
11.3. Competition Dashboard
Chapter 12. Company Profiles
12.1. Business Overview, Product Landscape, Financial Performanceand Company
Strategies for below companies
12.2. Lanxess AG
12.2.1. Company Overview
12.2.2. Financial Performance
12.2.3. Product Benchmarking
12.2.4. Geographic Footprint
12.2.5. Strategic Initiatives
12.3. Solvay S.A.
12.3.1. Company Overview
12.3.2. Financial Performance
12.3.3. Product Benchmarking
12.3.4. Geographic Footprint
12.3.5. Strategic Initiatives
12.4. Akzo Nobel N.V.
12.4.1. Company Overview
12.4.2. Financial Performance
12.4.3. Product Benchmarking
12.4.4. Geographic Footprint
12.4.5. Strategic Initiatives
12.5. Eastman Chemical Company
12.5.1. Company Overview
12.5.2. Financial Performance
12.5.3. Product Benchmarking
12.5.4. Geographic Footprint
12.5.5. Strategic Initiatives
12.6. Arkema S.A.
12.6.1. Company Overview
12.6.2. Financial Performance
12.6.3. Product Benchmarking
12.6.4. Geographic Footprint
12.6.5. Strategic Initiatives
12.7. Kumho Petrochemical Co., Ltd.
12.7.1. Company Overview
12.7.2. Financial Performance
12.7.3. Product Benchmarking
12.7.4. Geographic Footprint
12.7.5. Strategic Initiatives
12.8. Emerald Performance Materials
12.8.1. Company Overview
12.8.2. Financial Performance
12.8.3. Product Benchmarking
12.8.4. Geographic Footprint
12.8.5. Strategic Initiatives
12.9. Sumitomo Chemical Co., Ltd.
12.9.1. Company Overview
12.9.2. Financial Performance
12.9.3. Product Benchmarking
12.9.4. Geographic Footprint
12.9.5. Strategic Initiatives
12.10. Nouryon
12.10.1. Company Overview
12.10.2. Financial Performance
12.10.3. Product Benchmarking
12.10.4. Geographic Footprint
12.10.5. Strategic Initiatives
12.11. Behn Meyer Holding AG
12.11.1. Company Overview
12.11.2. Financial Performance
12.11.3. Product Benchmarking
12.11.4. Geographic Footprint
12.11.5. Strategic Initiatives
12.12. China Petroleum & Chemical Corporation (Sinopec)
12.12.1. Company Overview
12.12.2. Financial Performance
12.12.3. Product Benchmarking
12.12.4. Geographic Footprint
12.12.5. Strategic Initiatives
12.13. NOCIL Limited
12.13.1. Company Overview
12.13.2. Financial Performance
12.13.3. Product Benchmarking
12.13.4. Geographic Footprint
12.13.5. Strategic Initiatives
12.14. R.T. Vanderbilt Company, Inc.
12.14.1. Company Overview
12.14.2. Financial Performance
12.14.3. Product Benchmarking
12.14.4. Geographic Footprint
12.14.5. Strategic Initiatives
12.15. Struktol Company of America, LLC
12.15.1. Company Overview
12.15.2. Financial Performance
12.15.3. Product Benchmarking
12.15.4. Geographic Footprint
12.15.5. Strategic Initiatives
12.16. Behn Meyer Holding AG
12.16.1. Company Overview
12.16.2. Financial Performance
12.16.3. Product Benchmarking
12.16.4. Geographic Footprint
12.16.5. Strategic Initiatives
Chapter 13. Conclusion
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