세계의 고무 첨가제 시장 규모 : 유형별, 용도별, 최종사용자 산업별, 지역별, 범위 및 예측

Rubber Additives Market Size And Forecast

Rubber Additives Market size was valued at USD 6.43 Billion in 2024 and is projected to reach USD 11.11 Billion by 2031, growing at a CAGR of 7.8% from 2024 to 2031. Rubber additives are chemicals that are mixed into rubber compounds to improve their qualities and performance. They include vulcanizing agents like sulfur, accelerators, antioxidants, reinforcing fillers like carbon black and silica, plasticizers, and other compounds that alter the polymer by establishing cross-links between individual chains. Vulcanized rubber with additives has better mechanical qualities, is less sticky, and lasts longer than raw rubber. Furthermore, rubber additives have numerous applications in the tire industry, automotive parts, footwear, construction materials, and consumer items.

Global Rubber Additives Market Dynamics

The key market dynamics that are shaping the rubber additives market include:

Key Market Drivers

Growing Automotive Industry:

Rubber additives are widely used in the automobile industry, where they are found in tires, hoses, and other parts. According to the International Organization of Motor Vehicle Manufacturers (OICA), worldwide vehicle production reached 80.1 million units in 2021, up 3% from 2020. The United States Bureau of Labor Statistics predicts a 6% increase in car manufacturing jobs between 2020 and 2030, indicating continued demand for rubber additives in this region.

Increasing Demand for Green Tires:

Environmental concerns are promoting the use of eco-friendly tires, which necessitate particular rubber additives. According to the European Tyre and Rubber Manufacturers' Association (ETRMA), 39% of replacement automobile tires supplied in Europe in 2020 were classified as the top two in terms of fuel efficiency, up from 26% in 2012. This trend is predicted to boost the demand for performance-enhancing rubber additives globally.

Expansion of the Construction Industry:

Rubber additives are used in a variety of applications in the construction industry, such as roofing and sealants. According to the United States Census Bureau, the value of building projects in the United States reached $1.57 trillion in 2021, up 8.2% from 2020. According to Oxford Economics' Global Building 2030 research, building production would increase by 85% to $15.5 trillion globally by 2030, led by China, the United States, and India, indicating a strong market for rubber additives in construction applications.

Key Challenges:

Volatility in Raw Material Prices:

The rubber additives market is primarily reliant on petrochemical-derived raw materials, leaving it vulnerable to oil price swings. Unexpected jumps in crude oil prices have a substantial impact on production costs, compelling firms to either absorb the additional charges or pass them on to customers, thus lowering demand and profitability.

Competition from Alternative Materials:

The growing popularity of alternative materials in areas that have traditionally relied on rubber, such as automotive and construction, threatens market expansion. Advances in plastics, composites, and other synthetic materials provide lighter, more durable, or cost-effective alternatives in some applications, potentially reducing the demand for rubber and, as a result, rubber additives.

Key Trends:

Shift towards Bio-based and Sustainable Additives:

Manufacturers are progressively producing eco-friendly, bio-based rubber additives in response to rising environmental concerns and regulatory requirements. These sustainable alternatives, sourced from renewable resources, seek to lower the carbon footprint of rubber products while retaining or improving performance attributes, making them appealing to environmentally concerned customers and businesses.

Adoption of Nanotechnology:

The use of nanotechnology in rubber additives is gaining popularity. Nano-sized particles improve the qualities of rubber composites by increasing strength, durability, and temperature stability. This trend is especially visible in the tire business, where nanoparticle additives can considerably enhance fuel efficiency and tire longevity while satisfying strict performance and environmental requirements.

What's inside a VMR industry report?

Our reports include actionable data and forward-looking analysis that help you craft pitches, create business plans, build presentations and write proposals.

Global Rubber Additives Market Regional Analysis

Here is a more detailed regional analysis of the rubber additives market:

Asia Pacific:

According to Verified Market Research, Asia Pacific is estimated to dominate the rubber additives market over the forecast period. The Asia Pacific region, particularly China and India, has experienced a major expansion in vehicle production, fueling demand for rubber additives. According to the International Organization of Motor Vehicle Manufacturers (OICA), China produced 26.08 million vehicles in 2021, accounting for 32.5% of global output. India produced 4.4 million units in the same year. The China Association of Automobile Manufacturers forecasts a 5.4% increase in vehicle sales in 2023, indicating that demand for rubber additives will continue to expand.

Asia Pacific is home to some of the world's major tire manufacturers, which contributes to the region's dominant position in the rubber additives market. According to the Asian Rubber Association, Asia was home to six of the world's top ten tire manufacturers in 2020. According to Tire Business, the Asia-Pacific region accounted for over 57% of worldwide tire manufacturing in 2021, with China alone producing over 800 million tires each year.

Furthermore, the construction industry in the Asia Pacific is expanding rapidly, increasing demand for rubber additives used in building materials. According to Oxford Economics' Global Construction 2030 research, Asia Pacific construction output is predicted to expand by 6.8% per year between 2020 and 2030, above any other region. China, India, and Indonesia are expected to account for 57% of global construction growth by 2030, increasing the demand for rubber additives in applications such as sealants, adhesives, and roofing materials.

Europe:

Europe is estimated to exhibit substantial growth during the forecast period. Europe has imposed stringent emission rules, increasing demand for high-performance tires that require new rubber additives. According to the European Environment Agency, CO2 emissions from new passenger cars in the EU fell 12% between 2019 and 2020, to 108.2 g CO2/km. This trend is projected to continue, with the EU aiming for a 55% decrease in new car emissions by 2030 compared to 2021 levels, driving up demand for rubber additives that improve tire performance and fuel efficiency.

The rapid expansion of the EV market in Europe is increasing demand for specialist rubber additives used in EV tires and components. The European Automobile Manufacturers Association (ACEA) estimated that electric car registrations in the EU climbed by 63.1% in 2022, reaching 1.56 million units. Battery electric vehicles accounted for 12.1% of all new car registrations in the EU in 2022, up from 9.1% in 2021, indicating an increasing demand for rubber additives designed specifically for EV applications.

Furthermore, Europe's emphasis on sustainability is driving the development and use of environmentally friendly rubber additives. According to the European Tyre and Rubber Manufacturers' Association (ETRMA), the European tire sector invests almost €4 billion per year in research and innovation, with a particular emphasis on sustainable materials.

North America:

North America has a booming automotive industry, which drives demand for rubber additives used in tires and other components. The U.S. Bureau of Economic Analysis estimates that motor vehicle and components manufacturing contributed $196.3 billion to the US GDP in 2021. According to the Center for Automotive Research, the US light vehicle market will increase at a 2.4% CAGR from 2021 to 2026, reaching 17.8 million units by 2026, indicating continued demand for rubber additives in this region.

The North American construction industry consumes a substantial amount of rubber additives for sealants, roofing materials, and other purposes. According to the United States Census Bureau, the value of building projects in the United States reached $1.59 trillion in 2021, up 8.2% from 2020. According to the Canadian Construction Association, the construction industry accounts for almost 7% of Canada's total GDP. The American Society of Civil Engineers' 2021 Infrastructure Report Card projects that the United States will need to invest $5.9 trillion in infrastructure by 2029, indicating an increasing market for rubber additives in North American construction and infrastructure applications.

Furthermore, North American consumers are increasingly seeking environmentally friendly products, especially those from the rubber industry. The United States Tire Manufacturers Association (USTMA) estimated that in 2019, 81.4% of trash tires were recycled, up from 76% in 2013. This trend is encouraging innovation in rubber additives aimed at improving recyclability and reducing environmental impact. The United States Environmental Protection Agency estimates that recycling one ton of tires saves 1.5 barrels of oil, supporting the development of additives that improve tire longevity and recyclability.

Global Rubber Additives Market: Segmentation Analysis

The Rubber Additives Market is segmented based on Type, Application, End-User Industry, and Geography.

Rubber Additives Market, By Type

• Antidegradants
• Activators
• Plasticizers
• Vulcanization Inhibitors
• Accelerators
• Others

Based on the Type, the market is segmented into Antidegradants, Activators, Plasticizers, Vulcanization Inhibitors, Accelerators, and Others. The antidegradant segment is estimated to dominate the rubber additives market during the forecast period. Antidegradants are the most commonly used rubber additives because they increase the rubber's resilience to sunlight, oxidation, heat, and mechanical stress. The need for antidegradants is driven by their widespread use in tires and other industrial rubber goods, where they are critical for improving performance and extending the service life of rubber components. The rising automotive industry, notably in Asia-Pacific, is a major contributor to the antidegradants segment's dominant position in the overall rubber additives market.

Rubber Additives Market, By Application

• Tires
• Electric Cables and Hoses
• Conveyor Belts
• Specialty Tapes
• Others

Based on Application, the market is segmented into Tires, Electric Cables & Hoses, Conveyor Belts, Specialty Tapes, and Others. The tire segment is estimated to dominate the rubber additives market. Tires are the largest consumer of rubber additives, as they are essential for obtaining tire performance attributes such as strength, durability, traction, and fuel economy. The particular composition and amount of additives used varies depending on the type of tire being manufactured and the performance requirements. The fast rise of the automotive industry has increased demand for tire manufacture, which in turn drives demand for rubber additives in this segment.

Rubber Additives Market, By End-User Industry

• Automotive
• Electronics and Semiconductors
• Construction
• Industrial
• Healthcare
• Others

Based on the End-User Industry, the market is segmented into Automotive, Electronics & Semiconductors, Construction, Industrial, Healthcare, and Others. The automotive segment is estimated to dominate the rubber additives market. This is being driven by the rising demand for high-performance tires, seals, and other rubber components in the automotive industry. Rubber additives have an important role in improving the durability, flexibility, and heat resistance of automobile parts, making them necessary for achieving safety and efficiency requirements. As the global automotive sector grows, particularly in developing economies, the need for sophisticated rubber additives is likely to stay high, cementing the automotive segment's dominant position in the rubber additives market.

Rubber Additives Market, By Geography

• North America
• Europe
• Asia Pacific
• Rest of the wWorld

Based on Geography, the Rubber Additives Market is classified into North America, Europe, Asia Pacific, and the Rest of the World. According to the VMR analyst, North America is estimated to dominate during the forecasted period due to the presence of significant tire manufacturing hubs in countries such as China and India, which are among the world's largest producers of natural and synthetic rubber. China alone generates more than 800,000 tons of natural rubber every year. The Indian government's import limits on tires encourage domestic manufacturing to drive up demand for rubber additives in the region.

Key Players

• The "Rubber Additives Market" study report will provide valuable insight with an emphasis on the global market. The major players in the market are
• Sennics, Eastman, Kemai Chemical, Sunsine, Lanxess, Shandong Yanggu Huatai Chemical, KUMHO PETROCHEMICAL, Red Avenue, SI Group (Addivant), Puyang Willing Chemicals, Agrofert, Sumitomo Chemical, NCIC, OUCHI SHINKO CHEMICAL, Arkema, NOCIL, and Zhedong Xiangzhu.

Our market analysis also entails a section solely dedicated to such major players wherein our analysts provide an insight into the financial statements of all the major players, along with product benchmarking and SWOT analysis. The competitive landscape section also includes key development strategies, market share, and market ranking analysis of the above-mentioned players globally.

• Rubber Additives Market Recent Developments
• In February 2023, Yokohama Rubber Co., Ltd. (YRC) announced its 2023 expansion program, following the conclusion of its medium-term business strategy, Yokohama Transformation 2023 (YX2023). The project comprises expanding passenger car fire production capacity in India, which will increase the Group's annual production by 60% to 4.5 million units.
• In July 2022, Birch Chemicals established a new organization in India to address the expanding demand in the Asian market. The company sells a variety of items, including curing activators and desiccants. The company plans to expand to take advantage of the developing automotive sector in the country.
• In June 2022, Evonik announced POLYVEST eCO, a new line of sustainable liquid polybutadienes for use as liquid rubber additives in tire manufacture. The product introduction aims to address the expanding demands of the sustainable market.

TABLE OF CONTENTS

1. Introduction

• Market Definition
• Market Segmentation
• Research Methodology

2. Executive Summary

• Key Findings
• Market Overview
• Market Highlights

3. Market Overview

• Market Size and Growth Potential
• Market Trends
• Market Drivers
• Market Restraints
• Market Opportunities
• Porter's Five Forces Analysis

4. Rubber Additives Market, By Type of Additives

• Antioxidants
• Accelerators
• Antiozonants
• Plasticizers
• Activators

5. Rubber Additives Market, By Application

• Tire Industry
• Automotive Industry
• Industrial Products
• Consumer Goods

6. Rubber Additives Market, By End-User

• Automotive
• Construction
• Chemical

7. Regional Analysis

• North America
• United States
• Canada
• Mexico
• Europe
• United Kingdom
• Germany
• France
• Italy
• Asia-Pacific
• China
• Japan
• India
• Australia
• Latin America
• Brazil
• Argentina
• Chile
• Middle East and Africa
• South Africa
• Saudi Arabia
• UAE

8. Market Dynamics

• Market Drivers
• Market Restraints
• Market Opportunities
• Impact of COVID-19 on the Market

9. Competitive Landscape

• Key Players
• Market Share Analysis

10. Company Profiles

• Sennics
• Eastman
• Kemai Chemical
• Sunsine
• Lanxess
• Shandong Yanggu Huatai Chemical
• KUMHO PETROCHEMICAL
• Red Avenue
• SI Group (Addivant)
• Puyang Willing Chemicals
• Agrofert
• Sumitomo Chemical
• NCIC
• OUCHI SHINKO CHEMICAL
• Arkema
• NOCIL
• Zhedong Xiangzhu

11. Market Outlook and Opportunities

• Emerging Technologies
• Future Market Trends
• Investment Opportunities

12. Appendix

• List of Abbreviations
• Sources and References