Rubber is a polymeric compound, which consists of polymers of the organic compound isoprene, with minor impurities of other organic compounds and rubber is harvested mainly in the form of latex from certain trees. Latex is a sticky, milky colloid drawn off by making incisions into the bark and collecting the fluid in vessels in a process called "tapping". Rubber’s elastic property makes it suitable for various kinds of shock absorbers and for specialized machinery mountings designed to reduce vibration.
Global demand for rubber processing chemicals is forecast to increase X % per year through 2016 to XX million metric tons. Growth will be driven by continuing robust gains in the Asia- Pacific region (especially China), and recovery in demand in the U.S., Western Europe and Japan following declines in all three areas. Rubbers chemical demand in China is projected to grow X% per year through 2016 to more than XX metric tons. Gains will benefit from healthy growth in both tire and non-tire rubber demand, with the latter rising especially strongly. The U.S., Japan and Western Europe are all expected to see a reversal from the declines experienced between 2016 and 2021. However, growth in all three regions is projected to be less than one percent per year through 2016, reflecting market maturity in rubber consuming sectors. Demand for other processing chemicals including processing aids, adhesion promoters and blowing agents, among numerous others has reached almost XX metric tons in 2015. Processing aids, used to improve plasticity and molding properties of rubber, are expected to see above average gains due to faster growth in usage of natural rubber. Natural rubber is difficult to process due to low plasticity, and therefore requires greater loadings of processing aids.
The segmentation of the rubber processing chemicals can be done based on the priorities such as depending upon the function such as anti degradants, accelerators, processing aids, polymerization regulators, anti-scorch agents, blowing agents and also can be segmented based on the process such as compounding, mixing, shaping, vulcanizing, extrusion and also classified based on the applications such as tire as well as non-tire applications and also depending upon the geographical parameters.
The leading producer of the rubber processing chemicals is from the American continent with North American countries as the leading producers of the rubber processing chemicals. Whereas, the APAC countries occupies the next position while the major among the APAC countries is occupied by China and India.