Rubber Antioxidant Market Size By Regional Analysis(Europe, Asia Pacific, America, Middle East And Africa), By Demand & COVID-19 Impact Analysis, By Type, By Applications And Forecasts 2023 - 2030 (Financial Impact Analysis)
ID : MRU_
313024 | Date :
Nov, 2021 | Pages :
164 | Region : Global |
Publisher : RI
The Market Research Update provide detailed report study and highlights market share and size, and regional changing trends, production value predication, new prospects for Rubber Antioxidant market development rate. This study report offers a current scenario of the market. The report also comprises a several market dynamics.
The Rubber Antioxidant is projected to rise moderately in the projected time frame of 2023-2030.
Rubber antioxidant is a kind of additive which is added during the production to prevent rubber aging. The common rubber antioxidants are aromatic amine, which are mainly used in tires, belts, hoses, cables, etc.
China is the dominate producer of rubber antioxidant, the production was 346 K MT in 2016, accounting for about 56.58% of the total amount. Besides that, China also is the largest consumer, with the sales volume of 310.8 K MT in 2016, occupied about 50.83% market share. And in the following years, China is expected to maintain the leading status.
The industry concentration of rubber antioxidant is relatively high. Eastman, Kumho Petrochemical, Lanxess, Agrofert(Duslo) once monopolized the industry, occupied almost 80% of the market share. While with the rubber industry shift to the east, Chinese rubber additives manufacturers seize the opportunity and realize the rapid development. In 2016, the above international companies only occupied about 29.95% market share. Leading players in China are Jiangsu Sinorgchem Technology, Xian Yu-Chem, Kemai Chemical, Sunsine. Jiangsu Sinorgchem Technology is the largest manufacturer, with the sales market share of 20.96% in 2016.
Under the influence of raw material, market competitions and economic conditions, the price of rubber antioxidant was lower year by year from 2736 $/MT in 2012 to 2451 $/MT in 2016. In 2020, with the higher price of raw materials and increasingly stricter environmental protection requirements, the price of rubber antioxidant has a certain level of rising.
Global Rubber Antioxidant market size will increase to 2080 Million US$ by 2030, from 1640 Million US$ in 2020, at a CAGR of 3.0% during the forecast period. In this study, 2023 has been considered as the base year and 2023 to 2030 as the forecast period to estimate the market size for Rubber Antioxidant.
Objectives of Research:
The overview of the global Rubber Antioxidant market
Report comprised of the market companies, to describe and define and analyze the Rubber Antioxidant market value, share competition landscape, development plans and SWOT analysis.
The report also involves the structure of the industry by identifying its several sub-segments.
To observe the industry with reverence to individual future prospects, development trends, and contribution to the overall market.
Major Players in the Market: The major competitors working in the market are:
, Eastman, Kumho Petrochemical, Lanxess, Agrofert(Duslo), NOCIL, OUCHI SHINKO CHEMICAL, GENERAL QUIMICA, Jiangsu Sinorgchem Technology, Xian Yu-Chem, Kemai Chemical, Sunsine, NCIC, Shandong Ekesen Chemical
Market by Order Type
PPDs
RD (TMQ)
Others
Rubber Antioxidant Data by Application
Tires
Automotive Rubber Products
Others
Rubber Antioxidant Production Regions Covered in the Report are:
North America
Europe
Asia Pacific
Middle East & Africa
Rest of the World
Our team of enthusiastic analysts, research experts, and experienced forecasters work precisely to produce such kind of market report. The research report defines USD values, CAGR (compound annual growth rate) values and their variations for the precise projected time frame.
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The research information and studies associated with participant analysis keep the competitive landscape noticeably into the focus with which the market can select or advance their own policies to increase in the market growth.
The Key Questions Answered In Market Report Are:
Summary of the Rubber Antioxidant market comprising definition
Rubber Antioxidant Market Growth Drivers, Restrains, Challenges and opportunities
Major trends which is impacting the global Rubber Antioxidant market
Rubber Antioxidant Market segmentation and complete information about the market
Regional analysis of the market
Which regional market will develop as a champion at intervals in the coming years?
What are the top companies at intervals in the global Rubber Antioxidant market?
What are the growth strategies of the key players to sustain hold at intervals in the global Rubber Antioxidant market?
Rubber Antioxidant Market – By Regions (Market Size –USD Million)
7.1 North America
7.2 Europe
7.3 Asia-Pacific
7.4 Middle East and Africa
7.5 Rest of the World
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