Rubber accelerators are chemicals used in the process of rubber vulcanization. Vulcanization refers to the process of improving rubber strength and elasticity through heating in the presence of sulphur. Further, a rubber accelerator is used to increase the speed of vulcanization along with allowing vulcanization to occur at lower temperatures with greater efficiency.
The rubber accelerators market is of interest to a wide audience as rubber is adopted across various industries including automotive, industrial, pharmaceutical, consumer goods, and others. The global rubber accelerators market is expected to witness a single-digit CAGR over the forecast period of 2019-2029. Increasing rubber production across the globe and rapidly growing application industries are some of the major factors propelling the market growth over the forecast period. However, fluctuating raw material prices is one of the restraining factors of the market over the forecast period.
Request for Sample here – https://www.factmr.com/connectus/sample?flag=S&rep_id=3654
Furthermore, rubber production is projected to increase in the future years owing to high demand from the automotive, pharmaceutical, and consumer goods industries. In addition, as per Business Financial Articles, the top 5 rubber-producing countries are Thailand, Indonesia, Malaysia, India, and Vietnam. The rising automotive industry also tends to create wide adoption opportunities for rubber accelerators that, in turn, drives the global market.
As per OICA (International Organization of Motor Vehicle Manufacturers), Paris, the total cars and commercial vehicle production in 2016 were recorded to be around 72.1 million that further escalated up to 73.4 million in 2017. Furthermore, the growing construction industry also drives the rubber accelerators market. According to the Institution of Civil Engineers, UK, a report “Global Construction Perspectives and Oxford Economics” suggests that the global construction market is expected to reach US$ 8 trillion by the end of 2030. Also, China, India, and United States will lead the industry by accounting for about 57% of the global construction industry growth.
The global rubber accelerators market is segmented into six regions including North America, Latin America, Europe, East Asia, South Asia & Oceania, and Middle East & Africa (MEA). Among the above-mentioned regions, East Asia and South Asia accounted for a majority of the market share under the global Rubber accelerators market owing to the high adoption of Rubber accelerators within various end-user industries. In addition, the presence of key market players along with their initiatives for increasing the rubber accelerators production also tends to strengthen East Asia and South Asia market growth.
Furthermore, Europe is expected to follow East Asia and South Asia in the global rubber accelerators market in terms of revenue. Moreover, North America is expected to hold a significant market share till 2028 owing to the wide adoption of rubber across the pharmaceutical and automotive industries coupled with the presence of various key players in the rubber accelerators market.
Request for Customization – https://www.factmr.com/connectus/sample?flag=RC&rep_id=3654
Prominent players in the global rubber accelerators market are LANXESS AG, Eastman Chemical, Arkema, Shandong Yanggu Huatai Chemical, Puyang Willing Chemicals, Agrofert, etc. The rubber accelerators market consists of well-diversified global and regional players with global vendors ruling the market.
The global rubber accelerators market is bifurcated into two major segments that are type and application.
On the basis of type, the global rubber accelerators market is divided into:
On the basis of form, the global rubber accelerators market is divided into:
Based on region, the global rubber accelerators market is segmented as:
Read More Trending Reports of Fact.MR-
Why choose Fact.MR?
Reports published by Fact.MR are a result of the combination of our experts and digital technologies. We thrive to provide innovative business solutions to the clients as well as tailor the reports aligning with the clients’ requisites. Our analysts perform comprehensive research to offer ins and outs of the current market situation. Clients across various time zones tend to utilize our 24/7 service availability.
Explore Fact.MR’s Comprehensive Coverage on Industrial Goods Domain:
Utility Locator Market – https://www.factmr.com/report/5411/utility-locator-market
Firestop Sealants Market – https://www.factmr.com/report/3646/firestop-sealants-market
Centrifugal Chiller Market – https://www.factmr.com/report/4231/centrifugal-chiller-market
About Fact.MR
Market research and consulting agency with a difference! That’s why 80% of Fortune 1,000 companies trust us for making their most critical decisions. We have offices in US and Dublin, whereas our global headquarter is in Dubai. While our experienced consultants employ the latest technologies to extract hard-to-find insights, we believe our USP is the trust clients have on our expertise. Spanning a wide range – from automotive & industry 4.0 to healthcare & retail, our coverage is expansive, but we ensure even the most niche categories are analyzed. Reach out to us with your goals, and we’ll be an able research partner.
Contact:
136 Sejong-daero
Level 21
Seoul, 100-768
South Korea
E-Mail: sales@factmr.com
Written By
The projected valuation of the trauma care centres market is estimated to reach USD 28.58 billion by the year 2032, reflecting a compound annual growth rate (CAGR) of 7.50% during the period from 2022 to 2032. Furthermore, it is anticipated that the market value of trauma care centres will amount to USD 13.87 billion in 2022. The Trauma Care Centers market is a critical component of the healthc...
Automated label Inspection Machines Market has been evolving and changing over the course of past few decades and the market scope has changed a lot over the course of time and to better understand the market’s current landscape this report on Automated label Ins...
As per industry analysis by Fact.MR, a market research and competitive intelligence provider, the global water enhancer market is estimated to exceed a valuation of US$ 2.9 Bn by 2022, and expand at a significant CAGR of 9.4% by value over the assessment period (...
The sleep mask industry is projected to rise at a moderate CAGR of 4% between 2019 and 2029. Rising concerns over diseases associated to sleep issues, and the resultant dependency on medication are the primary factors driving sales. Awareness about the importance...