Rubber Additives Market
The major industries where rubber additives are being used are construction, consumer goods, electrical insulation, and tire and tubing. As rubber is a bad conductor of electricity, it is highly favorable for insulation materials. Electrical insulation in a household and industrial construction is also driving the global demand for rubber additives. The oil extenders that widely use rubber additives help to reduce the overall insulation costs. Adding stabilizers such as esters of fatty acids improves the heat and voltage resistance of rubber. Tire and tubing industry has the largest market share. They are used in the automotive industry for the production of the automotive tires. Demand for automobiles has increased in the recent years which will boost the rubber additives market globally. However, new protocols imposed by the government regarding the environment may hinder the market growth. VOC emissions by the rubber manufacturing industries, which cause air pollution, are dangerous; hence, regulations are imposed by the government to lower the risk.
Request Report TOC( Table of Contents) @ https:// www. zionmarketresearch. com / toc / rubber-additives-market
The rubber additive market is segmented on the basis of application, type, and geography exclusively. On the basis of application, the market is segmented as adhesives, electric cables and hoses, insulation, specialty tapes, tiers, and others. The rubber additives market on the basis of types is categorized into accelerators, activators, peptizers, plasticizers, tackifiers, vulcanization inhibitors, and others. Each type greatly varies and their compositions also differ with different technical specifications. Based on the regions, the market has been segmented into four regions, namely, Asia-Pacific, Europe, North America, and Rest of the World.
The key players in the rubber additives market are Akrochem Corporation, Behn Meyer Holding AG, AkzoNobel N. V., Wacker Chemie AG, Arkema S. A., Thomas Swan & Co. Ltd., LLC, Struktol