Rubber Anti-Tack Agents Market Size

Rubber Anti-Tack Agents Market Size

Rubber Anti-tack Agents Market size was valued at USD 316.4 million in 2015 and is forecast to experience gains exceeding 4% CAGR over the forecast timeframe. Rising modifications in rubber processing and rapid growth in end-user industries such as automotive will positively influence the industry growth over the forecast timeframe.

Various types of rubbers such as styrene–butadiene rubber (SBR) and nitrile rubber (NBR) are used in tire manufacturing owing to their impermeable nature. SBR is being increasingly used in the tire industry due to its property to offer better oil and abrasion resistance. It also offers a better grip and lowers rolling resistance. Additionally, global tires market was approximately 3 billion units in 2015 and is anticipated to reach 4.2 billion units by 2024 owing to positively influence the rubber anti-tack agents market growth.

The product is used to remove the cohesive property of rubber products, which are then used in end-user industries such as medical and industrial. Rubbers, such as nitrile butadiene rubber (NBR), play an important role in the medical field, serving multiple purposes. One of the major NBR applications is nitrile gloves manufacturing for medical and industrial purposes. These gloves are used to prevent transmission of viruses from one source to another, which makes them vital in healthcare industry.
 

Increasing health concerns and awareness related to prevention of transmission of viruses and rising need for safety in industries are major factors driving the NBR rubber gloves business growth. This, in turn, is the key factor propelling the global rubber anti-tack agents market share over the forecast timeframe.
 

Stearic acid is a key feedstock stearate production. It is generally present in animal and vegetable oils & fats. Vegetable oils and fats include palm oil, shea butter, cocoa butter & soy oil. Rising oleochemical prices negatively impacts the rubber anti-tack agents market price trends. For instance, palm oil price stood at approximately USD 1,420 per metric ton in 2010.
 

Certain stearates including lead, are under serious threat due to environmental regulations associated with them. These are primarily used in PVC processing and compounding applications. Furthermore, zinc stearate is another product that has been witnessing limited usage due to stringent environmental regulations owing to hamper industry growth by 2024. However, increasing SBR production and usage, particularly in Asia Pacific, in end user industries such as automotive has created new growth opportunities for the industry participants.