IMPACT Covid-19 Rubber Processing Chemicals Market Top Companies, Investment Trend, Growth & Innovation Trends 2025
According to the IMARC Group, the global rubber processing chemicals market is expected to grow at a CAGR of 5.6% during 2020-2025. Rubber processing chemicals are specialty chemicals that help in preventing damage caused by oxidation and dynamic stress, as well as enhancing the mechanical properties, such as tensile strength, durability, temperature resistance, and shock-absorbance of rubber products. Owing to these characteristics, these chemicals are used in the manufacturing of conveyor belts, footwear, ball bladders, gaskets, seals, O-rings, hoses, and linings and coatings. The increasing usage of rubber processing chemicals in the automotive industry acts as the primary growth-inducing factor. These chemicals are used in the production of tires, which provide grip and resist abrasion in vehicles. Apart from this, due to their resistance against heat, mechanical stress, and vibrations, rubber processing chemicals are also used in construction and building a...