Rubber Additives Market is anticipated to experience a CAGR of 6% in the next six years and moreover, it is forecast to reach US$ 4.6 billion by 2027.

Rubber Additives specifically designed for natural and synthetic latex can be offered as aqueous dispersions or emulsions. Polymer additives include those materials which are used to make and modify polymers; these are the main factors that have considerably increased the demand for the Rubber Additives in the market, thereby driving the huge growth of the Rubber Additives market in the upcoming years

Market Drivers and Restrains:

The main factors that have considerably increased the demand for the Rubber Additives in the market are mainly due to the increasing consumption of rubber polymers in tire manufacturing and electrical insulation industries. Tire manufacturing industry is the largest consumer of rubber. Vulcanization accelerators, process aids and oil extenders are some of the rubber additives used in tire manufacturing. Accelerators which are used commonly to increase the cross-linking efficiency during vulcanization include guanidines, diazoles, theorems and sulphur. Furthermore, processing aids such as chemical peptizes and some plasticizers help reduce the viscosity for easy fabrication and stabilization. Extenders used during designing of tire treads include clay and calcium carbonate. Electrical insulation in household and industrial constructions is another driver of global demand for rubber additives. Rubber is a bad conductor of electricity; hence, it is one of the favoured insulation materials. Oil extenders are extensively used rubber additives that help reduce the overall insulation costs. Stabilizers such as esters of fatty acids are also added to improve the heat and voltage resistance of rubber; these are the main factors that have considerably increased the demand for the Rubber Additives in the market, thereby driving the huge growth of the Rubber Additives market in the upcoming years

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Report is segmented as:

Rubber Additives Market is segmented on the basis of by:

By Rubber Type (Synthetic rubber and Natural rubber)
By Additive type (Activators, Accelerator, Plasticizers, Peptizes, Pacifiers, Vulcanization inhibitors and others)
By Application (Insulation, Tires, Cable and roll coverings, Adhesives, Specialty tapes, Industrial hoses and others)
By End User (Aerospace and Defense, Automotive, Motorcycles and Bicycles, Building and Construction, Sports, Industrial and Others)
Geographical Segmentation:

Rubber Additives Market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa and rest of world. North America has the dominant share in the Rubber Additives is due to the increase in rubber plantations and rubber processing industries in the region these are the main factors that have considerably increased the demand for the Rubber Additives in the North America, followed by Europe, Asia Pacific, Latin America and Middle East & Africa will register a slower increase in the Rubber Additives Market

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Impact of COVID-19 on Market

Covid -19 pandemic has affected almost every industry, and the long-term effects are projected to impact the Rubber Additives growth during the forecast period. Covid-19 pandemic has impacted huge on the sales revenue of Rubber Additives market .The restrictions and lockdown imposed by the government in several countries has slow down the market and decrease the demand for Rubber Additives, In recent days relaxation in restrictions by the government and people are getting vaccinated to stop the spread of corona virus are expecting to raise the Rubber Additives market growth

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