Rubber Processing Chemicals Market Size, Share & Trends Report

Rubber Processing Chemicals Market Size, Share & Trends Analysis Report By Product (Anti-Degradants, Accelerators, Flame Retardants, Processing Aid), By Application, By Region, And Segment Forecasts, 2018 - 2024

  • Published Date: Jul, 2018
  • Base Year for Estimate: 2015
  • Report ID: 978-1-68038-866-4
  • Format: Electronic (PDF)
  • Historical Data: 2013 - 2015
  • Number of Pages: 120

Industry Insights

The global rubber processing chemicals market size was estimated at USD 4.20 billion in 2015. It is projected to expand at a CAGR of 4.3% from 2016 to 2024. Rubber is used to manufacture a variety of products such as tires, belts, mats, hoses, gloves, and flooring among others. Demand for tires with improved resistance to heat, mechanical stress, and ozone is leading global market growth.

U.S. rubber processing chemicals market

Demand for rubber is dominated by the automotive sector, which has always been the backbone of the rubber industry. The auto industry in North America is witnessing a surge. The European market, on the other hand, was estimated to grow at a low pace, as it is recovering from its economic slump since the last few years. Asia is estimated to be the largest market for automobiles and is projected to continue the trend over the forecast period.

Market growth depends majorly on tire industry which includes both, natural and synthetic rubber. Product consumption is majorly driven by developing countries. China recorded car sales of 20.01 million units in 2015, including light trucks. It was followed by India with car sales of 2.06 million units in the same year.

Several regulatory bodies such as the National Emission Standards for Hazardous Air Pollutants (NESHAP), and the Registration, Evaluation, Authorization, and Restriction of Chemicals (REACH) have imposed strict policies regarding usage of hazardous chemicals and disposal of polluted wastewater from rubber processing. Hence, manufacturers are investing in R&D activities to launch new chemicals complying with guidelines set by different regulatory bodies. Green tires are being promoted to reduce environmental impact. Also, silica is being preferred over carbon black owing to its better performance.

Petroleum-based chemicals used in rubber tire manufacturing are being replaced by fibers and processing oils made of plant cellulose. Japanese tire manufacturer Yokohama Tire Corporation is using processing oil derived from orange peels and modified natural rubber compounds to manufacture tires. These green tires will also overcome the problem of poor traction in braking and cornering.

Application Insights

Rubber tire was estimated as the largest application segment for with 56.5% revenue share in 2015.Increasing per capita income is leading to growth of automobiles in Asia Pacific region, which in turn, will propel the demand in near future.

Asia Pacific also dominated the market for non-tire applications and is expected to continue leading over the forecast period. Growing industrialization in manufacturing sectors is fuelling growth for rubber processing chemicals in this application segment. Asia Pacific is also projected to be the fastest growing market for non-tire applications over the forecast period. It is followed by North America.

Product insights

Anti-degradants was the largest segment for rubber processing chemicals globally, with a revenue share of 55.5% in 2015. Anti-degradants are primarily used in manufacturing rubbers to prevent problems such as storage aging, heat, dynamic flex fatigue, and ozone cracking. In 2015, Asia Pacific registered highest demand for anti-degradants, followed by North America.

Accelerators segment was estimated at 615.8 kilo tons in 2015. Accelerators are the chemical agents used to effectively cause vulcanization. Vulcanization accelerators are extensively used in combination with sulfur as cross-linker along with zinc oxide and stearic acid as activators.

Flame retardants is projected to be the fastest growing segment at a CAGR of 4.7% from 2016 to 2024. Flame retardants are used as processing aids in rubbers, textiles, plastics, surface finishes, and coatings manufacturing. It suppresses chemical reactions by forming a coating on the surface of a material and delays the spread of fire.

Regional Insights

Asia Pacific held the largest volume share in 2015 due to rising demand from construction and automotive industries. China led the market in terms of consumption and production.

Europe is projected to witness volume gains, expanding at a CAGR of 2.4% from 2016 to 2024. Germany was estimated as the largest market while U.K. offers attractive growth opportunities on account of demand for high performance and quality products.

Global rubber processing chemicals market

The North America rubber processing chemicals market was valued at USD 835.1 million in 2015. Stringent government regulations are expected to result in moderate growth over the forecast period. However, processing aids such as curing and blowing agent segment is expected to experience significant growth owing to advancement in vulcanization process to manufacture high quality and performance rubber chemical.

Rubber Processing Chemicals Market Share Insights

The market is highly fragmented and competitive in nature with the larger players holding majority share. Prominent companies include Arkema S.A.; BASF SE; Lanxess AG; Solvay SA; AkzoNobel N.V.; and R.T. Vanderbilt Holding Company, Inc.

Major companies are involved in continuous product innovation and R&D activities owing to stringent environmental regulations. The market is characterized by new product launches and expansions, as companies are trying to expand their customer base. For instance, in April 2016, Chemtura announced capacity expansion of Adiprene LF MDI polyurethane elastomers manufacturing facility in Latina, Italy. This initiative will offer improved processing over 4,4′-methylene-bis-ortho-chloroaniline (MbOCA)-free alternatives in urethane applications.

Report Scope



Base year for estimation


Actual estimates/Historical data

2013 - 2015

Forecast period

2016 - 2024

Market representation

Volume in Kilotons, Revenue in USD Million & CAGR from 2016 to 2024

Regional scope

North America, Europe, Asia Pacific, Latin America, MEA

Country scope      

U.S., Germany, U.K., China, India, Brazil

Report coverage

Revenue forecast, company share, competitive landscape, growth factors and trends

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Segments Covered in the Report

This report forecasts revenue growth at global, regional, and country levels and provides an analysis of latest industry trends in each of the sub-segments from 2013 to 2024. For the purpose of this study, Grand View Research has segmented the global rubber processing chemicals market report on the basis of product, application, and region:

  • Product Outlook (Volume, Kilotons; Revenue, USD Million, 2013 - 2024)

    • Anti-degradants

    • Accelerators

    • Flame Retardants

    • Processing Aids/Promoters

      • Release Agents

      • Curing & Blowing Agents

      • Others

    • Others

  • Application Outlook (Volume, Kilotons; Revenue, USD Million, 2013 - 2024)

    • Tire

    • Non-tire

  • Regional Outlook (Volume, Kilotons; Revenue, USD Million, 2013 - 2024)

    • North America

      • U.S.

    • Europe

      • Germany

      • U.K.

    • Asia Pacific

      • China

      • India

    • Latin America

      • Brazil

    • Middle East & Africa

Key questions answered by the report
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