About Rubber Processing Chemicals
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. These chemicals can be classified into different groups, based on functions, as follows:
Technavio Announces the Publication of its Research Report – Global Rubber Processing Chemicals Market 2015-2019
Technavio recognizes the following companies as the key players in the Global Rubber Processing Chemicals Market: Akzo Nobel, BASF, Emerald Performance Chemicals, Lanxess Corporation and Vanderbilt Chemicals
Other Prominent Vendors in the market are: Georgia Pacific Chemicals, Merchem, PMC Rubber Chemicals and Velox Chemicals
Commenting on the report, an analyst from Technavio’s team said: “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.
Akzo Nobel, BASF, Emerald Performance Chemicals, Lanxess Corporation, Vanderbilt Chemicals, Georgia Pacific Chemicals, Merchem, PMC Rubber Chemicals, Velox Chemicals