Research and Markets: Global Rubber Processing Chemicals Market 2015-2019 – Ongoing Research to Develop Bio-based Rubber
By Business Wire News
By Business Wire News
Research and Markets (http://www.researchandmarkets.com/research/x7w5k9/global_rubber) has announced the addition of the “Global Rubber Processing Chemicals Market 2015-2019” report to their offering.
The global rubber processing chemicals market to grow at a CAGR of 5.84% during 2015-2019
The global rubber processing chemicals market has grown rapidly in the past few years with China and India representing the largest markets. Although rubber processing chemicals find a wide range of applications, tire manufacturing industries are its major consumers.
Rubber is a polymer which is classified into two types, natural and synthetic. Natural rubber is extracted from latex, while synthetic rubber is manufactured through chemical processes. Rubber is processed using various chemicals to improve its resistance against heat, sunlight, oxidation, ozone and mechanical stress. Rubber processing chemicals are also integral to vulcanization process.
India and China are set to have a significant impact in the global rubber processing chemicals market. Industrial growth will be the major factor driving the growth of the rubber processing chemicals industry in APAC. Also, rubber is finding use in infrastructural developments such as rubber flooring and rubber-based roads. This will drive the growth of rubber in the future as these applications will gain popularity, increasing the consumption of rubber processing chemicals.
According to the report, developing economies such as China and India are focusing more and more on industrialization. The setting up of industries will drive the growth of rubber as more products made of rubber are being used in the industries in these countries. Conveyor belts and rubber flooring are some of the uses that have gained importance over the years.
Further, the report states that the threat of the increased usage of substitutes hinders the growth of the rubber industry and has an adverse effect on the growth of the global rubber processing chemicals market.
These chemicals can be classified into different groups, based on functions, as follows:
- Processing aids
- Anti-scorch agents
- Blowing agents
- Polymerization regulators
- Akzo Nobel
- Emerald Performance Chemicals
- Lanxess Corporation
- Vanderbilt Chemicals
Other Prominent Vendors
- Georgia Pacific Chemicals
- PMC Rubber Chemicals
- Velox Chemicals
For more information visit http://www.researchandmarkets.com/research/x7w5k9/global_rubber
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