United States Rubber Chemicals Market Analysis, 2024-2030

Rubber processing chemicals belong to a group of specialty chemicals added to rubber to make it commercially viable for usage in various application. This kind of rubber processing chemicals are used in many industries for various purposes. It is used in construction, electric and electronics, medical purposes, aerospace, polymer modification and even in the making of footwear.

The report on the United States rubber chemicals is based on 250 hours of research performed by analysts at Market Krystal. As per the report, the US market was valued at USD XX.XX million in 2017 and it is expected to reach USD XXX.XX million by the end of 2023. The US rubber processing chemicals market is predicted to grow at a CAGR of X.X% between 2017 and 2023. This is due to the development of the various industries in the US. People use of rubber processing chemicals as roofing materials, floor coverings, sound insulators, and sealants in the construction industry will aid the market’s expansion.

The growth in this industry is projected as it enables superior performance under extreme weather conditions in the rubber products. On the other hand, strict regulations have been laid out to curb the harmful effects of rubber processing chemicals and green tires are making their way into the market. These factors can lead to a restriction in the growth. The increase and the growth of tire and automotive industry has a direct influence on development of market for rubber processing chemicals.

The key players of rubber processing chemicals market share are Lanxess AG, AkzoNobel N.V., R.T. Vanderbilt Holding Company, Inc., Eastman Chemicals Company, Arkema Inc., Sumitomo Chemical Company, China Petroleum & Chemical Corporation and Emerald Performance Materials.

This is the recent trend in the US market for Rubber Chemicals.

Our Approach

The process begins with the bifurcation the US rubber chemicals market followed by identification of factors affecting the demand and supply of each segments in the United States. The growth in both tire and non-tire consumption has led to the development of this industry. The rubber chemicals market is divided based on product type and application. Based on the product, the categories are anti-degradants, accelerators, flame retardants, processing aid and promoters and others. On the basis of application, the market has been split into tyre and non-tyre segments. The insights are validated by involving business leaders across rubber chemicals industry value chain (Fig-1).

Figure 1 Primary research breakdown

Contents of the report:

• Insight on rubber chemicals industry in the United States.
• Estimation of the present rubber chemicals market size in terms of value and volume in the United States.
• Market bifurcation of the rubber chemicals based on the types, application and geography.
• Market size forecast for each segment of the United States rubber chemicals market.

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