What is Global Rubber Accelerator Market?
The Global Rubber Accelerator Market is a vast and dynamic sector that plays a crucial role in the rubber industry. Rubber accelerators are chemicals used to speed up the manufacturing process of rubber products. They are primarily used in the production of tires, belts, hoses, cables, and other rubber goods. The market for these accelerators is global, with demand stemming from various industries worldwide. The value of this market was pegged at US$ 2623.6 million in 2022, and it is projected to grow to US$ 3039.7 million by 2029. This growth is expected to occur at a Compound Annual Growth Rate (CAGR) of 2.1% from 2023 to 2029.
MBT, MBTS, CBS, TBBS in the Global Rubber Accelerator Market:
The Global Rubber Accelerator Market is segmented based on the type of accelerators used. These include MBT, MBTS, CBS, and TBBS. MBT, or Mercaptobenzothiazole, is a primary accelerator used for natural and synthetic rubbers. It is known for its excellent scorch safety and fast cure rate. MBTS, or Dibenzothiazole disulfide, is a semi-ultra fast accelerator suitable for natural and synthetic rubber and also can be used as a retarder in the vulcanization of polychloroprene. CBS, or N-cyclohexyl-2-benzothiazolesulfenamide, is a delayed action accelerator suitable for natural and synthetic rubber and tire rubber products. TBBS, or N-tert-butyl-2-benzothiazolesulfenamide, is a delayed action accelerator with fast curing rate. It is widely used in all sort of rubber products and tires. The choice of accelerator type depends on the specific requirements of the end product and the manufacturing process.
Automotive, Medical, Industrial, Consumer Goods in the Global Rubber Accelerator Market:
The Global Rubber Accelerator Market finds its usage in various sectors such as Automotive, Medical, Industrial, and Consumer Goods. In the automotive industry, rubber accelerators are used in the production of tires, belts, hoses, and other rubber parts. The medical industry uses rubber accelerators in the manufacturing of gloves, catheters, balloons, and other medical equipment. In the industrial sector, rubber accelerators are used in the production of conveyor belts, rubber flooring, insulation, and other rubber-based products. Lastly, in the consumer goods sector, rubber accelerators are used in the production of footwear, toys, and other rubber-based consumer goods. The demand for rubber accelerators in these sectors is driven by the need for durable, high-quality rubber products that can withstand various environmental conditions.
Global Rubber Accelerator Market Outlook:
To rephrase the market outlook, the Global Rubber Accelerator Market, which was valued at US$ 2623.6 million in 2022, is expected to grow to US$ 3039.7 million by 2029. This represents a Compound Annual Growth Rate (CAGR) of 2.1% from 2023 to 2029. The largest share of this market is held by the Asia-Pacific region, which accounts for about 56% of the total market. Europe follows closely behind, holding about 24% of the market share. This data indicates the significant role these regions play in the global rubber accelerator market.
| Report Metric | Details |
| Report Name | Rubber Accelerator Market |
| Accounted market size in 2022 | US$ 2623.6 million |
| Forecasted market size in 2029 | US$ 3039.7 million |
| CAGR | 2.1% |
| Base Year | 2022 |
| Forecasted years | 2023 - 2029 |
| Segment by Type |
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| Segment by Application |
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| Production by Region |
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| Consumption by Region |
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| By Company | Sunsine, Shandong Yanggu Huatai Chemical, Kemai Chemical, Puyang Willing Chemicals, Sennics, Henan Kailun Chemical, Stair Chemical & Technology, Rongcheng Chemical, Huaxia Chemical, Zhedong Xiangzhu, Zhengzhou Double Vigour Chemical, Northeast Auxiliary Chemical, Lanxess, Eastman, Agrofert, Kumho Petrochemical, Arkema, Sumitomo Chemical |
| Forecast units | USD million in value |
| Report coverage | Revenue and volume forecast, company share, competitive landscape, growth factors and trends |
