Vulcanization Accelerators Market Growth, Trends, Analysis by Forecast 2019-2029 | FMI Report

Global Vulcanization Accelerators Market Introduction

Vulcanization Accelerators are employed for minimizing the degradation of rubber as well as acceleration of the vulcanization process. Vulcanization accelerators also help in lowering the temperature and increasing efficiency of the overall vulcanization process. The cross linking of polylines requires sulfur, less sulfur may increase the chances of early aging of vulcanized rubber. Use of vulcanization accelerators reduces this consumption of sulfur and improves the ageing properties of rubber. A wide range of chemicals are used as vulcanization accelerators, which can be grouped into five to six classes including mercapto accelerators, sulfenamide accelerators, thiuram accelerators, dithiocarbamate accelerators, amine accelerator and others. The speed of vulcanization of rubber depends on the class of chemical which is used as vulcanization accelerator. Vulcanization accelerators can also be classified into primary and secondary accelerators. Secondary vulcanization accelerators acts as activators for primary accelerators which also substantially increases the speed of vulcanization. Advancement in the vulcanization processes to speed up the production of rubber products, is expected to boost the demand for high performance vulcanization accelerators, in coming years.

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Market Dynamics of Vulcanization Accelerators Market

Increasing demand for vulcanized rubber from wide range of applications

Rising demand for automotive and transportation vehicles is pushing the rubber industry growth. Additionally, the demand for rubber is being pooled by wide range of applications of vulcanized rubber including automotive and aerospace tires, building & construction, industrial products, wires & cables, electronics, footwear, healthcare and others. Increasing demand for vulcanized rubber is pushing the speedy rubber production which include need for speedy vulcanization process. Therefore, demand for vulcanization accelerators is expected to increase at a significant rate in coming years. Vulcanization accelerators also improves the cross linking properties of rubber, this is expected to drive its demand from vulcanization process.

Rise in the regulations and environmental laws

European regulations by REACH on the rubber products and chemicals used in the production of rubber needs to be noted during the use of vulcanization accelerators in European countries. Additionally, increasing regulations on rubber industry globally may impact the potential growth of the vulcanization accelerators market. However, new developments in the rubber industry is expected to counter the impacts of environmental regulations by developing improved and ecofriendly materials and processes.

Vulcanization Accelerators market trends: Innovation, Research and New Product Developments

Extensive research in the material development is bolstering the growth of the high performance materials market. Rising demand for high performance tires and other rubber products from a wide range of applications is expected to push innovation in this field. Key market players such as LANXESS, Mitsubishi Chemicals Corporation, and Sumitomo Chemical Co. Ltd, are focusing on the sustainable solutions for meeting the changing demand, for improved materials, from application industry.

Vulcanization Accelerators Market: Regional Outlook

Asia Pacific is the leading market for vulcanization accelerators, due to large rubber production capacities in the region. Tire market is the leading application market of the rubber, in Asia Pacific. Growing automotive and footwear industry in Asia Pacific is pooling the demand for vulcanization accelerators in this region. Vulcanization accelerators demand from North America is also substantial and the growth of the vulcanization accelerators market is expected to be supported by increasing demand for high performance rubber products from various industries in this region. Europe follows North America in terms of demand, however the growth of the market is relatively slow in Europe. Diversification of industry in Middle East & Africa is supporting the growth of the rubber market along with the growth of vulcanization accelerators demand in this region. Latin America accounts for a relatively small share in the global vulcanization accelerators market and is expected to grow at a decent rate in coming years.

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Global Vulcanization Accelerators Market Participants

Some of the market participants identified across the value chain of global Vulcanization Accelerators market are:

LANXESSKing Industries, IncStair Chemical&Technology Co., Ltd.KUMHO PETROCHEMICAL.Mitsubishi Chemical CorporationSumitomo Chemical Co., Ltd.Goodyear Rubber CompanyLIONS INDUSTRIES, s.r.o.Emerald Performance MaterialsDOG ChemieSANSHIN CHEMICAL INDUSTRY CO.,LTD.Henan Kailun Chemical Co., Ltd.Jiangsu Kaou Chemical Co., Ltd.

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