Rubber Additives Market - Forecast (2022 - 2027)
Rubber Additives Market size is forecast to reach US$ 4.6 billion by 2026, after growing at a CAGR 6% during 2021-2026. Globally, the rising demand for automobile-related products that are both efficient and of high quality is anticipated to raise the demand for rubber additives. Furthermore, increasing usage of rubber additives that is to be applied on the finished product during the ethylenepropylenediene monomer vulcanization process to give it strength and certain qualities is anticipated to boost the market growth. The rising usage of silicone rubber additives to cure speeds, hardness, rheology, and various other physical properties of the cured rubber will also drive the growth of the rubber additives market. Moreover, the increasing usage of flame retardant rubber in the infrastructure sector and rising production of electric vehicles is anticipated to boost the rubber additives industry in the projected time frame. Impact of Covid-19 Due to the COVID-19 pandemic the automotiv...