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Rubber Anti-Tack Agents Market Is Set to Grow at A Healthy CAGR Up To 2024, North America To Show Steady Growth

Author : Ronak Bora | Published Date : 2019-08-07 

North America dominated by U.S. rubber anti-tack agents market held a revenue of USD 40 million in 2015 and will experience a remarkable surge over the next seven years. Heavy demand for nitrile rubber gloves from nursing homes, rise in disease-prone geriatric population, and high investments in medical sector are some of the factors boosting overall rubber anti-tack agents industry revenue.

Considering the regional trends, Asia Pacific rubber anti-tack agents market, accounted for over 50% of the total volume in 2015, and is anticipated to grow substantially at a CAGR of 4.5% over 2016-2024. The aforementioned growth prospect is linearly dependent on the flourishing automotive sector across this region. India, China, and Malaysia is expected to drive the regional demand. Malaysia being the biggest producer of rubber will contribute significantly toward the APAC rubber anti-tack agents market revenue over the coming years.

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Players operating in rubber anti-tack agents market are continuously investing on research to enhance the product portfolio by exploiting technological breakthroughs. Prominent industry participants include Kettlitz-Chemie gmbh & Co. KG, FACI S.p.a, Chem-Trend L.P., Baerlocher gmbh, Croda International plc, Fragon Produtos para Indústria de Borracha Limited, Evonik Industries AG, Schill + Seilacher gmbh, SASCO Chemical Group LLC, H.L. Blachford Limited, Parabor Ltda-div Mangueiras de Combate à Incêndio  Limited, Hans W. Barbe Chemische Erzeugnisse gmbh, Lion Specialty Chemicals Company Limited, The Hallstar Company, King Industries Incorporation, Lotréc AB, Peter Greven gmbh & Co.KG, and mclube.

Robust growth in end-user industries including automotive accompanied with increasing modifications in rubber processing will be a key industry driver. Nitrile rubber (NBR) and styrene–butadiene rubber (SBR) are majorly used in tire production due to their water, oil and abrasion resistant characteristics. Additionally, it also bids superior grip along with lower rolling resistance. In 2015, the global tires industry was roughly around 3 billion units and is forecast to surpass 4.2 billion units, which will boost global rubber anti-tack agents market size.

These agents are primarily used to eliminate cohesive property, which makes them preferred to find applications in industrial and medical sector. For instance, NBR plays a crucial role in preventing virus transmission and are widely accepted in the healthcare industry. Growing awareness and concern towards health and hygiene will stimulate rubber anti-tack agents market size.

Stearic acid is the chief raw material for stearate production, found in vegetable and animal oil &fats. Vegetable sources include shea, cocoa, soy and palm oil. Inclining oleochemicals prices may hamper rubber anti-tack agents market price trend.

Various stearates including lead are strictly regulated with environment regulations synced with them. These are mainly used in compounding applications and PVC processing. Also, zinc stearate has been experiencing restricted usage owing to stringent legislations. This will hinder rubber anti-tack agents market over the forecast timeframe. However, escalating SBR manufacturing along with its widespread applications in end user industries, mainly in Asia Pacific (China, India, Malaysia and Indonesia) will create new growth avenues for industry players.

Glimpse of Table of Content (ToC)

Chapter 3.    Anti-tack Agents for Rubber Market Insights

3.1.   Rubber Anti-Tack Agents Market segmentation

3.2.   Rubber Anti-Tack Agents Market Size and forecast, 2013 - 2024

3.3.   Rubber Anti-Tack Agents Market ecosystem analysis

3.3.3.  Supplier matrix

3.4.   Industry Impact forces

3.4.1.  Growth drivers

3.4.1.1. Increasing rubber consumption in tire industry

3.4.1.2. Rising rubber processing chemicals demand for nitrile gloves

3.4.2.  Industry pitfalls & challenges

3.4.2.1. Increasing raw material prices along with stringent environmental regulations

3.5.   Growth potential analysis

3.6.   Porter's analysis

3.7.   Company market share analysis, 2015

3.8.   PESTEL analysis

3.9    Pricing trends

Browse complete Table of Contents (ToC) of this research report @ https://www.gminsights.com/toc/detail/rubber-anti-tack-agents-market

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About Author

Ronak Bora

Ronak Bora

A graduate in Electronics Engineering, Ronak writes for Fractovia.org and carries a rich experience in digital marketing, exploring how the online world works from a technical and marketing perspective. His other areas of interest include reading, music, and sport. He can be contacted at- [email protected] | https://twitter.com/RonakBora26

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