Vulcanization Accelerators Market
Vulcanization Accelerators Market Analysis by Chemical Group (Aldehyde Amine, Guanidine, Thiazole), by Role (Primary, Secondary Vulcanization Accelerators), by Vulcanization Rates (Slow, Fast Delayed Action, Semi Ultra-fast, Ultra-fast Vulcanization Accelerators) & Regional Forecast 2019-2029
Analysis of Vulcanization Accelerators market covering 30 + countries including analysis of US, Canada, UK, Germany, France, Nordics, GCC countries, Japan, Korea and many more
Vulcanization Accelerators Market: an overview:
Vulcanization of rubber with sulfur is a prolonged process. Vulcanization with sulfur takes place at 140 0 C and requires around 6 hours, which is indeed a high energy-consuming process, thus vulcanization accelerators are used to increase the vulcanization rate and enhance the product quality. Besides, vulcanization accelerators also lower the temperature of the vulcanization process and prevent the degradation of rubber at elevated temperatures. There are over 150 chemicals that are known to be vulcanization accelerators, but only 50 of them are commercially being used.
Vulcanization Accelerators Market: Dynamics:
Vulcanization accelerators belong to different chemical groups. These vulcanization accelerators are used for the production of different grades of vulcanized rubber products depending upon the compatibility. The vulcanized rubber is majorly used for the production of a variety of goods including shoe soles, rubber hoses, bowling balls, tires, toys, instrument mouthpieces, erasers, and others.
According to the International Organization of Motor Vehicle Manufacturers OICA, global vehicle production is expected to increase by over 25%. This increase is likely to boost the production of tires that in turn will boost the demand for vulcanization accelerators. The developments in low-cost technologies are helping automobile manufacturers to make cost-effective and economical automobiles.
This has resulted in to surge in sales of vehicles. The demand for a tire is ever-increasing, and so is the demand for vulcanization accelerators. The tires of heavy vehicles are required to be replaced very frequently. The highest demand for vulcanization accelerators is from tires manufacturers. The increasing environmental awareness across the globe has helped in the acceleration of new technologies and has compiled the governments to make regulations for the production of cleaner engines and accessories used in it.
In India, the government has made it mandatory to use BS 4 and above rating engines in the new vehicles that increased the production of vehicles. Further, it has plans to scrap all the old vehicles that will force the consumers to buy new vehicles. The demand for vulcanization accelerators is expected to increase from the toys and sports ware industry as well as this segment is growing at high rates.
Certain Vulcanization accelerators are toxic and are subjected to several regulations for their use. Regulations are being set and implemented by the food department, environmental protection regulators on the use of specific vulcanization accelerators. This restricts the use of vulcanization accelerators.
Vulcanization Accelerators: Regional Outlook:
The market of vulcanization accelerators is concentrated in the Asia-Pacific region. China is the leading producer of vulcanization accelerators. The demand in North America is expected to increase as the evolution of electric vehicles is on the rise. The increasing mining activities are driving the production of premium OTR (Off the Road) tires used by heavy-duty mining trucks. There are significant growth opportunities for the production of vulcanization accelerators in the Asia-Pacific region, especially in countries like India.
India is the world’s largest manufacturer of a tractor, the second-largest manufacturer of two-wheelers, the eighth most significant manufacturer of commercial vehicles, and the second-largest manufacturer of the bus. The shoe market in the Asia-pacific region is enormous. Therefore, the demand for vulcanization accelerators is expected to further rise from natural rubber processing countries such as Thailand and Malaysia. The Luxury products industry, including luxury rubber products, in the Middle East region, is likely to increase the demand for vulcanization accelerators as well.
Vulcanization Accelerators: Key Players:
There are many key players in the vulcanization Accelerators market. Some of them are.
- Kemai Chemical Co., Ltd.
- Shandong Sunshine Chemical Co. Ltd
- Zhengzhou Double Vigour Chemical Product Co.,Ltd
- Eastman Chemical Company
- Sumitomo Chemical Co., Ltd.
- KUMHO PETROCHEMICAL
- Nocil limited
- Jiangsu Sinorgchem Technology
- SANSHIN CHEMICAL INDUSTRY CO.,LTD
The research report presents a comprehensive assessment of the Vulcanization accelerators market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The Vulcanization accelerators market report provides analysis and information, according to market segments such as geographies, application and industry.
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The Vulcanization accelerators Market Report Covers Exhaustive Analysis On:
- Market Segments
- Market Dynamics
- Market Size & Demand
- Current Trends/Issues/Challenges
- Competition & Companies involved
- Value Chain
The Vulcanization accelerators Market Regional Analysis Includes:
- North America (U.S., Canada)
- Latin America (Mexico, Brazil, Argentina, Chile, Peru)
- Western Europe (Germany, Italy, France, U.K, Spain, BENELUX, Nordic, Eastern Europe)
- CIS & Russia
- Asia-Pacific (China, India, ASEAN, South Korea)
- Middle East & Africa (GCC Countries, South Africa)
The Vulcanization accelerators report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts, and industry participants across the value chain. The Vulcanization accelerators report provides an in-depth analysis of parent market trends, macroeconomic indicators, and governing factors along with market attractiveness as per segments. The Vulcanization accelerators report also maps the qualitative impact of various market factors on market segments and geographies.
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The Vulcanization accelerators Market Report Highlights:
- A Detailed overview of the parent market
- Changing market dynamics in the industry
- In-depth market segmentation
- Historical, current and projected market size in terms of volume and value
- Recent industry trends and developments
- Competitive landscape
- Strategies of key players and products offered
- Potential and niche segments, geographical regions exhibiting promising growth
- A neutral perspective on market performance
- Must-have information for market players to sustain and enhance their market footprint
Vulcanization Accelerators Market: Segments:
On the basis of the chemical group present in the Vulcanization accelerators, the market is segmented as.
- Aldehyde Amine
On the basis of a role the vulcanization accelerators play, the market can be classified into.
- Primary vulcanization accelerators
- Secondary vulcanization accelerators
On the basis of vulcanization rates, the vulcanization accelerators promote, the market can be segmented into.
- Slow vulcanization accelerators
- Fast delayed action vulcanization accelerators
- Semi ultra-fast vulcanization accelerators
- Ultra-fast vulcanization accelerators
On the basis of geographical regions, the market is segmented into.
- North America
- Latin America
- East Asia
- South Asia
- Middle East & Africa
- FAQs -
At present, the global vulcanization accelerators market is valued at US$ 1.7 billion.
Global sales of vulcanization accelerators are predicted to reach US$ 2.5 billion by 2029.
Currently, North America accounts for 50% share of the global vulcanization accelerators market.