Soaring need to eliminate the cohesivity of rubber substrate during storage period is expected to push rubber anti-tack agents market. The beneficial feature of anti-tack agents to remove the stickiness of rubber have resulted in its wide adoption across various sectors such as medical, industrial, and automotive. As per Global Market Insights, Inc. “Rubber Anti-Tack Agents market is projected to record a revenue of USD 456 million by 2024, with a CAGR of more than 4% over the period 2016-2024.” Specific categories of rubbers such as Nitrile butadiene rubber(NBR) and styrene butadiene rubber(SBR) are extensively used in tire production due to their impervious nature. Global tire industry in 2015 was almost 3 billion units in terms of volume and is estimated to cover 4.2 billion units in the next seven years, which in turn will positively influence rubber anti-tack agents industry share. Additionally, another major use of NBR gloves in health care sector to prevent virus transmission will further enhance the rubber anti-tack agents industry trends.
Fatty Acid Esters, Silicone Polymers, Fatty Acid Amides, Soap, and Stearates are the four-major rubber anti-tack agents thriving in the industry. Fatty acid esters revenue contribution was more than USD 55 million in 2015 and is anticipated to grow lucratively in the coming time frame owing to the product’s eco-friendliness. Soap based rubber anti-tack agents which helps in processing of rubber compounds, is also witnessing a large-scale adoption in various industries especially manufacturing. Rubber anti-tack agents market share from this sector is estimated to grow significantly at a CAGR of 4% over 2016-2024.
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Considering the regional trends, Asia Pacific rubber anti-tack agents industry, accounted for over 50% of the total volume in 2015, and is anticipated to grow substantially at a CAGR of 4.5% over 2016-2024. The aforementioned growth prospect is linearly dependent on the flourishing automotive sector across this region. India, China, and Malaysia is expected to drive the regional demand. Malaysia being the biggest producer of rubber will contribute significantly toward the APAC rubber anti-tack agents market revenue over the coming years.
North America dominated by U.S. rubber anti-tack agents market held a revenue of USD 40 million in 2015 and will experience a remarkable surge over the next seven years. Heavy demand for nitrile rubber gloves from nursing homes, rise in disease-prone geriatric population, and high investments in medical sector are some of the factors boosting overall rubber anti-tack agents industry revenue.
Players operating in rubber anti-tack agents market are continuously investing on research to enhance the product portfolio by exploiting technological breakthroughs. Prominent industry participants include Kettlitz-Chemie GmbH & Co. KG, FACI S.p.a, Chem-Trend L.P., Baerlocher GmbH, Croda International plc, Fragon Produtos para Indústria de Borracha Limited, Evonik Industries AG, Schill + Seilacher GmbH, SASCO Chemical Group LLC, H.L. Blachford Limited, Parabor Ltda-div Mangueiras de Combate à Incêndio Limited, Hans W. Barbe Chemische Erzeugnisse GmbH, Lion Specialty Chemicals Company Limited, The Hallstar Company, King Industries Incorporation, Lotréc AB, Peter Greven GmbH & Co.KG, and McLube.
Author Name :Dhananjay Punekar