Global Vulcanization Accelerators Market Size study, By Product Type (Thiozoles, Sulfanamides, Dithiocarbamates, Thiuram, Others) By End Use Industries (Automotive, Industrial, Medical, Consumer Goods) and Regional Forecasts 2022-2028Global Vulcanization Accelerators Market is valued approximately USD XX billion in 2021 and is anticipated to grow with a healthy growth rate of more than XX % over the forecast period 2022-2028. In vulcanization, rubber is heated with Sulphur, accelerator, and activator at 140-160C to achieve improved elasticity, resilience, tensile strength, viscosity, hardness, and weather resistance. An Accelerator is a chemical additive which is added into a rubber compound in order to increase speed of vulcanization. Growing automotive industry and rising tyre manufacturing capacity are key drivers for the growth of Vulcanization Accelerators market. For instance, according to global database management company Statista- The size of the global automotive tire market is valued at USD 112 billion in the year 2019, it is expected to reach the value of over USD 154 billion in the year 2027.Also, as per the American Automotive Policy Council (AAPC)'s STATE OF THE U.S. AUTOMOTIVE INDUSTRY 2020 report- the U.S. automobile production was estimated at 11.1 million vehicles in 2018 and auto production is expected to reach 11.7 million by the year 2025. Also, with the increasing industrialization in emerging economies and growing medical equipment industry, the adoption & demand for Vulcanization Accelerators is likely to increase the market growth during the forecast period. However, rising focus over adverse effects associated with rubber production and stringent government regulations impede the growth of the market over the forecast period of 2022-2028.
The key regions considered for the global Vulcanization AcceleratorsMarket study includes Asia Pacific, North America, Europe, Latin America and Rest of the World. North America is the leading region across the world in terms of market share owing to presence of leading tyre manufacturers players and growing fleet size of passenger and commercial vehicles in the region. Whereas, Asia-Pacific is anticipated to exhibit highest growth rate over the forecast period 2022-2028. Factors such as rising population and increasing demand for personal vehicles in the region would create lucrative growth prospects for the Vulcanization Accelerators Market across Asia-Pacific region.
Major market player included in this report are:
Lanxess AG
NOCIL LIMITED
Sumitomo Chemical Co., Ltd.
Arkema
Eastman Chemical Corporation
KUMHO PETROCHEMICAL
Emerald Performance Materials
King Industries, Inc.
Duslo, a.s
Jing Xian Yuelong Metal Rubber Products Co., Ltd.
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Product Type:
Thiozoles
Sulfanamides
Dithiocarbamates
Thiuram
Others
By End Use Industries:
Automotive
Industrial
Medical
Consumer Goods
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World
Furthermore, years considered for the study are as follows:
Historical year - 2018, 2019, 2020
Base year - 2021
Forecast period - 2022 to 2028
Target Audience of the Global Vulcanization Accelerators Market in Market Study:
Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors
Companies Mentioned
Lanxess AG
NOCIL LIMITED
Sumitomo Chemical Co., Ltd.
Arkema
Eastman Chemical Corporation
KUMHO PETROCHEMICAL
Emerald Performance Materials
King Industries, Inc.
Duslo, a.s
Jing Xian Yuelong Metal Rubber Products Co., Ltd.
