Rubber Additives Global Market Report 2023 – By Type (Activators, Accelerators, Vulcanization Inhibitors, Plasticizers, Other Types), By Application (Tire, Non-Tire), By End Use (Automotive, Consumer Goods, Building and Construction, Electrical Insulation) – Market Size, Trends, And Global Forecast 2023-2032

Rubber products refers to a collective term for all the goods made from a flexible material that can be vulcanized and polished into a variety of items and is made from the latex sap of trees, particularly those in the genera Hevea and Ficus. Rubber products are used to produce tires and retreading, rubber hoses and belting, rubber sealants, and all other rubber products which have domestic and industrial applications. The main types of rubber products are tire, hoses and belting, and other rubber products. A tyre, sometimes known as a tyre, is a ring-shaped element which covers the rim of a wheel to carry a vehicle’s weight from the axle to the earth while also providing grip on the ground over which the wheel moves. The different processes include molded, extruded, fabricated, latex-based, others and is used in various sectors such as construction & infrastructure, automotive, electrical & electronics, others. The global rubber products market is segmented – 1) By Type: Tire, Hoses And Belting, Other Rubber Product 2) By Process: Molded, Extruded, Fabricated, Latex-based, Other Processes 3) By End-User Industry: Construction & Infrastructure, Automotive, Electrical & Electronics, Other End Users Subsegments Covered: Radial Tires, Bias Tires, Rubber Hoses, Rubber Belts The global rubber products market size will grow from $374.37 billion in 2022 to $400.07 billion in 2023 at a compound annual growth rate (CAGR) of 6.9%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of rubber products is expected to grow to $503.79 billion in 2027 at a CAGR of 5.9%. Technological advancement is expected to be a continued driver of market growth during this period. Industries that involve technology, such as this one, benefited from this trend during this period. For example, technologies such as ”Green Tires", where 20-30% of a vehicle'’s fuel consumption is related to tire performance, took off during this period. Green Tires offer wet grip, durability and low rolling resistance, reducing fuel consumption by 5-7%. Thus, technological advancement which enabled improved performance, reduced fuel consumption contributed to the growth rubber products market. Major companies in the rubber products market include The Michelin Group, Bridgestone Corporation, Continental AG, Good Year Tire & Rubber Company, Sumitomo Rubber Group, The Hankook Tire group, Pirelli & C SpA, Yokohama Rubber Company Ltd., Toyo Tire & Rubber Co Ltd and Toyota Tsusho. The outbreak of Corona virus disease (COVID-19) has acted as a massive restraint on the rubber products manufacturing market in 2022 as supply chains were disrupted due to trade restrictions and consumption declined due to lockdowns imposed by governments globally. COVID-19 is an infectious disease with flu-like symptoms including fever, cough, and difficulty in breathing. The virus was first identified in 2019 in Wuhan, Hubei province of the People’s Republic of China and spread globally including Western Europe, North America and Asia. Steps by national governments to contain the transmission have resulted in halting of manufacturing activities and a decline in economic activity with countries entering a state of '‘lock down'’ and the outbreak had a negative impact on businesses throughout 2021 and into 2021. However, it is expected that the rubber products manufacturing market will recover from the shock across the forecast period as it is a '‘black swan'’ event and not related to ongoing or fundamental weaknesses in the market or the global economy. Computer simulation and 3D printing technology is expected to have a significant impact on the rubber product manufacturing industry. Increasing number of companies are adopting 3D technology to design and develop rubber products. Software aided system offers 3D presentations on production line processes, including potential fault lines and also provides control on the manufacturing process. For example, Stratasys develops 3D printing technologies to produce automotive tires that can be customized to different levels of hardness, and elongation. Asia-Pacific was the largest region in the rubber products market in 2022. North America was the second largest region in the rubber products market share. The regions covered in the rubber products market analysis report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the rubber products market report are Argentina, Australia, Austria, Belgium, Brazil, Canada, Chile, China, Colombia, Czech Republic, Denmark, Egypt, Finland, France, Germany, Hong Kong, India, Indonesia, Ireland, Israel, Italy, Japan, Malaysia, Mexico, Netherlands, New Zealand, Nigeria, Norway, Peru, Philippines, Poland, Portugal, Romania, Russia, Saudi Arabia, Singapore, South Africa, South Korea, Spain, Sweden, Switzerland, Thailand, Turkey, UAE, UK, USA, Venezuela, Vietnam. The rubber products market consists of sales of pacifiers, clothes, mastication, tapping, and compression. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The rubber products market research report is one of a series of new reports from The Business Research Company that provides rubber products market statistics, including rubber products industry, global rubber products market size, regional shares, competitors with a rubber products market share, detailed rubber products market segments, market trends and opportunities, and any further data you may need to thrive in the rubber products industry. This rubber products market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

A rubber-tired gantry crane is a wheeled mobile gantry crane that is operated from the ground and is capable of lifting heavy containers for loading, unloading, and stacking at container yards and seaports. The main types of rubber-tired gantry cranes are 8-wheelers and 16-wheelers. The 8-wheeler is a smaller moving rubber-tired gantry crane used for loading and unloading containers at sea ports. The 8-wheeler rubber-tired gantry crane consists of 8 wheels in a configuration of 2 wheels in four corners, four in the rear, and two in front, and is capable of lifting the weight of 24.5–34.8 tons. The different power supplies include diesel, electric, hybrid, and others that are used in construction, oil and gas, shipbuilding, power and utilities, and other applications. The global rubber tired gantry crane market is segmented - 1) By Type: 8-Wheeler, 16-Wheeler 2) By Power Supply: Diesel, Electric, Hybrid, Other Power Supplies 3) By Application: Construction, Oil and Gas, Shipbuilding, Power and Utilities, Other Applications The global rubber tired gantry crane market size will grow from $1.18 billion in 2022 to $1.27 billion in 2023 at a compound annual growth rate (CAGR) of 7.0%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of global rubber tired gantry crane is expected to grow to $1.61 billion in 2027 at a CAGR of 6.2%. An increase in seaborne trade is expected to propel the growth of the rubber tired gantry crane market going forward. A rubber-tired gantry crane is a moving gantry crane commonly used in seaports for loading, unloading, and stacking containers that allow easy handling of cargo in the seaborne trade. So, an increase in seaborne trade has increased the use of rubber-tired gantry cranes in seaports for easy handling of heavy containers used in shipping via water. For instance, according to the United Nations Conference on Trade and Development (UNCTAD), a Switzerland-based intergovernmental organization intended to promote the interests of developing states in world trade, around 4.4 billion tons of cargo were loaded into Asian ports in 2020. This represents more than 41.3% of the total cargo loaded into ports globally. Also, in 2020, Asian ports received around 7.0 billion tons of cargo, or 65.5% of all commodities discharged globally. Therefore, the increase in seaborne trade is driving the growth of the rubber tired gantry crane market. Major players in the rubber tired gantry crane market are Anupam Industries Limited, KONE Corporation's Container Handling, Liebherr-International AG, Konecranes and Demag Private Limited, Reva Industries India Pvt. Ltd., SANY Heavy Industry India Pvt. Ltd., TNT Crane & Rigging Inc., Shanghai Zhenhua Heavy Industries Co. Ltd., ElectroMech Material Handling Systems (India) Pvt. Ltd., Bedeschi S.p.A, ASCOM S.p.A, and Paul Vahle GmbH & Co. KG. Technological advancement is the key trend gaining popularity in the rubber tired gantry crane market. Major companies operating in the rubber tired gantry crane market are focused on developing technologically advanced products to strengthen their market position. For instance, in June 2021, Kalmar, a part of Cargotec Corporation, a Finland-based company operating in rubber-tired gantry cranes, launched a new range of gantry cranes with energy regenerative technology. Regenerative technology is an energy-restoring mechanism of machinery that is capable of storing and using energy during changes in operations and reduces the use of fuel in operation as compared to other normal machinery. The regenerative system on the Kalmar Hybrid RTG is able to gather and store energy from brakes, container handling, gantry movements, and other activities and use it in future operations, reducing fuel usage by 64% and increasing productivity. In January 2022, Mi-Jack Product, a US-based company operating in rubber-tired gantry cranes and container handling machinery, acquired Yardeye GmbH for an undisclosed amount. Through this acquisition, Mi-Jack Products aims to strengthen its product portfolio in rubber-tired gantry cranes and container handling machinery. Additionally, it aims to be an expert in innovation and excellence for automation, work zone protection in intermodal terminals, ports, and others, enhancing collision avoidance systems (CAS), and others. Yardeye GmbH is a Germany-based company that manufactures rubber-tired gantry cranes. Asia-Pacific was the largest region in the rubber tired gantry crane market in 2022. Middle East is expected to be the fastest-growing region in the forecast period. The regions covered in the global rubber tired gantry crane market analysis report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The countries covered in the rubber tired gantry crane market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA. The rubber tired gantry crane market consists of sales of single-beam, double-beam, electric and hydraulic rubber-tired gantry crane. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The rubber tired gantry crane market research report is one of a series of new reports from The Business Research Company that provides rubber tired gantry crane market statistics, including global market size, regional shares, competitors with rubber tired gantry crane market share, detailed rubber tired gantry crane market segments, market trends, and opportunities, and any further data you may need to thrive in the rubber tired gantry crane industry. This rubber tired gantry crane market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.

Rubber glove refer to the protective hand coverings worn to lessen exposure to hazardous or dangerous settings. Rubber gloves are used for multiple purposes as a common household item, such as for cleaning purposes to avoid touching dirt and for personal care to avoid direct contact with sharp or hazardous materials. They provide significant protection from chemicals, hot water, stains, dust, oil, or other substances. The main types of rubber gloves are powdered and powder-free gloves. Powdered gloves refer to gloves that usually contain cornstarch powder, which is added as a donning agent. The rubber gloves are made of natural rubber or latex, nitrile, neoprene, and other materials. Natural rubber and latex are used to manufacture gloves, balloons, and parts of medical and dental equipment. The products involve disposable and durable parts. The distribution channels include online and physical. The various end-users include medical and healthcare, automotive, oil and gas, food and beverage, metal and machinery, chemicals and petrochemicals, pharmaceuticals, cleanroom, and other end users. The global rubber gloves market is segmented - 1) By Type: Powdered, Powder Free 2) By Material: Natural Rubber/Latex, Nitrile, Neoprene, Other Materials 3) By Product: Disposable, Durable 4) By Distribution Channel: Online, Physical 5) By End-User: Medical And Healthcare, Automotive, Oil And Gas, Food And Beverage, Metal And Machinery, Chemical And Petrochemical, Pharmaceutical, Cleanroom, Other End-User The global rubber gloves market size will grow from $19.96 billion in 2022 to $23.06 billion in 2023 at a compound annual growth rate (CAGR) of 15.5%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of global rubber gloves is expected to grow to $40.99 billion in 2027 at a CAGR of 15.5%. An increase in the usage of gloves in numerous surgeries is expected to propel the growth of the rubber glove market going forward. Gloves refer to hand coverings made with a separate part for each finger and for the thumb. Rubber gloves help physicians or surgeons avoid direct contact with body fluids such as blood, urine, feces, mucous membranes, or surgical equipment during surgeries. For instance, in April 2021, according to the statistics published by the American Society of Plastic Surgeons, a US-based plastic surgery specialty organization, a total of $6.9 million in reconstructive surgical procedures were performed, which was 3% more than that performed in 2019, at $6.7 million. Therefore, an increase in the usage of gloves in numerous surgeries is driving the rubber glove market. Major players in the rubber glove market are Sri Trang Gloves Public Company, Hartalega, Kossan Rubber Industries Bhd, Top Glove, Supermax Corporation, Unigloves, Mapa Professional, Kanam Latex Industries Pvt. Ltd., Shield Scientific, Atlantic Safety Products, Kimberly Clark, Cardinal Health, Clean Q Grip, Rubberex Corp, and Superior Gloves. Technological breakthroughs are the key trend gaining popularity in the rubber glove market. Major companies operating in the rubber glove market are focused on technological breakthroughs to strengthen their position in the rubber glove market. For instance, in September 2021, Ansell, an Australia-based manufacturer of protective industrial and medical gloves operating in the rubber glove market, launched HyFlex gloves, which are used in industrial residences to deliver the wearer extra luxury and extraordinary dexterity. The palm-coated finish includes Fortix technology, an Ansell grip technology for enhanced grip, increasing both ease of handling and safety when working with objects coated in or touched by oil. In December 2020, Ansell, an Australia-based company engaged in the manufacturing of protective industrial and medical gloves, acquired Primus gloves for an undisclosed amount. This acquisition aims to acquire the Primus brand and related assets that constitute the life science business belonging to Primus Gloves. Primus Gloves is an India-based, leading premium-quality sterile surgical and examination glove manufacturer operating in the rubber glove market. Asia-Pacific was the largest region in the rubber glove market in 2022. The regions covered in this rubber glove market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The countries covered in the rubber glove market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA. The rubber glove market consists of sales of chloronite, vinyl, butyl rubber and neoprene. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The rubber gloves market research report is one of a series of new reports from The Business Research Company that provides rubber gloves market statistics, including global market size, regional shares, competitors with a rubber gloves market share, detailed rubber gloves market segments, market trends and opportunities, and any further data you may need to thrive in the rubber gloves industry. This rubber gloves market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.

Paper is a thin, flexible material that is typically manufactured in sheets from rags, wood, and lastics are a collection of materials, either man-made or natural, that can be molded while still soft and then hardened to keep the desired shape; rubber is a material that can be made stretchy by coagulating the milky juice of a variety of tropical plants; wood refers to the majority of the stems, branches, and roots of trees and shrubs are made of a hard fibrous substance called xylem that lies beneath the bark, and "textile" is a colloquial term for any fabric or product made by knitting, felting, or weaving. The main types of paper, plastics, rubber, wood and textile are apparel and leather products, furniture, general manufactured goods, paper products, plastics and rubber products, printing and related support activities, textile and wood products. Leather and allied product manufacturers turn hides into leather by tanning or curing them and then constructing them into finished products, as well as producing similar goods from other materials, such as leather alternatives like rubber, polymers, or textiles (excluding clothes). The different natures include organic, conventional and is distributed through various channels such as supermarkets or hypermarkets, convenience stores, e-commerce, others. The global paper, plastics, rubber, wood and textile market is segmented - 1) By Type: Apparel And Leather Products, Furniture, General Manufactured Goods, Paper Products, Plastics And Rubber Products, Printing And Related Support Activities, Textile, Wood Products 2) By Distribution Channel: Supermarkets/Hypermarkets, Convenience Stores, E-Commerce, Other Distribution Channels 3) By Nature: Organic, Conventional Subsegments Covered: Leather And Allied Products, Apparel, Institutional And Office Furniture, Household Furniture And Kitchen Cabinet, Mattresses, Blinds And Shades, Jewelry And Silverware, Sporting And Athletic Goods, Doll, Toy, And Game, Office Supplies (except Paper), Sign, All Other Miscellaneous Manufactured Goods, Converted Paper Products, Unfinished Paper, Pulp Mills, Rubber Products, Plastic Products, Printing, Support Activities For Printing, Other Textile Product Mills, Fabrics, Yarn, Fiber And Thread, Home Furnishings And Floor Coverings, Textile and Fabric Finishing and Fabric Coating Mills, Finished Wood Products, Wood Processing, Manufactured Wood Materials The global paper, plastics, rubber, wood and textile market size will grow from $6573.88 billion in 2022 to $7032.76 billion in 2023 at a compound annual growth rate (CAGR) of 7.0%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of global paper, plastics, rubber, wood and textile is expected to grow to $8939.16 billion in 2027 at a CAGR of 6.2%. Rapid Technological Development - Technology is expected to be a continued driver of paper, plastics, rubber, wood and textile market growth during this period. Industries that involve technology, such as this one, benefited from this trend during this period. For example, technologies such as "Green Tires," where 20-30% of a vehicle's fuel consumption is related to tire performance, took off during this period. Green Tires offer wet grip, durability and low rolling resistance, reducing fuel consumption by 5-7%. Thus, technological advances which enabled improved performance, reduced fuel consumption contributed to the growth of the paper, plastics, rubber, wood and textile market. Major companies in the paper, plastics, rubber, wood and textile market include Nike Inc., Christian Dior SE, The Michelin Group, Adidas AG, Bridgestone Corporation, International Paper Company, Kimberly Clark Corporation, Rajesh Exports, Procter & Gamble and WestRock Company. Corona virus Pandemic - The outbreak of Corona virus disease (COVID-19) has acted as a massive restraint on the paper, plastics, rubber, wood and textile market in 2022 as supply chains were disrupted due to trade restrictions and consumption declined due to lockdowns imposed by governments globally. COVID-19 is an infectious disease with flu-like symptoms including fever, cough, and difficulty in breathing. The virus was first identified in 2019 in Wuhan, Hubei province of the People's Republic of China and spread globally including Western Europe, North America and Asia. Steps by national governments to contain the transmission have resulted in halting of manufacturing activities and a decline in economic activity with countries entering a state of 'lock down' and the outbreak had a negative impact on businesses throughout 2021 and into 2021. However, it is expected that the paper, plastics, rubber, wood and textile manufacturing market will recover from the shock across the forecast period as it is a 'black swan' event and not related to ongoing or fundamental weaknesses in the market or the global economy. Manufacturers in the plastic products industry are investing in automation technologies to reduce production costs, improve productivity and enhance product quality. The use of sensors and wireless technology aids in gathering valuable data that is used to improve efficiencies and reduce errors. This is resulting in streamlined manufacturing processes, better product quality at lower costs. According to ABB, an industrial robot manufacturer, some of their customers reported an increase of 15-30% in productivity after installing robotic automation systems. Around 180,000 machines were employed in the plastic manufacturing industry in 2021, an increase of 67,000 machines over the course of 4 years. Major companies providing industrial robotics include FANUC Corporation, Yaskawa Electric Corporation, ABB Group, KUKA AG, and Kawasaki Heavy Industries, Ltd. Asia-Pacific was the largest region in the paper, plastics, rubber, wood and textile market in 2022. Western Europe was the second largest region in the global paper, plastics, rubber, wood and textile market share. The regions covered in the global paper, plastics, rubber, wood and textile market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the paper, plastics, rubber, wood and textile market report are Argentina, Australia, Austria, Belgium, Brazil, Canada, Chile, China, Colombia, Czech Republic, Denmark, Egypt, Finland, France, Germany, Hong Kong, India, Indonesia, Ireland, Israel, Italy, Japan, Malaysia, Mexico, Netherlands, New Zealand, Nigeria, Norway, Peru, Philippines, Poland, Portugal, Romania, Russia, Saudi Arabia, Singapore, South Africa, South Korea, Spain, Sweden, Switzerland, Thailand, Turkey, UAE, UK, USA, Venezuela, Vietnam. The paper, plastics, rubber, wood and textile market consists of sales of clothes, groceries, and wood furniture. Values in the paper, plastics, rubber, wood and textile market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the paper, plastics, rubber, wood and textile market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The paper, plastics, rubber, wood and textile market research report is one of a series of new reports from The Business Research Company that provides paper, plastics, rubber, wood and textile market statistics, including paper, plastics, rubber, wood and textile industry global market size, regional shares, competitors with a paper, plastics, rubber, wood and textile market share, detailed paper, plastics, rubber, wood and textile market segments, market trends and opportunities, and any further data you may need to thrive in the paper, plastics, rubber, wood and textile industry. This paper, plastics, rubber, wood and textile market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

Plastics and rubber products refer to any substance that is a component of one of the many semi- or synthetic solids used in the production of various goods, as well as any elastic substance made from the latex sap of trees-particularly those in the genus Hevea and genus Ficus—that can be vulcanized and finished into a range of goods. The main types of plastics and rubber products are rubber products and plastic products. Plastics are a broad category of synthetic or semi-synthetic compounds made primarily of polymers. Plastics can be shaped, stretched, or compressed into solid objects of diverse shapes due to their fluidity. The different sectors include automotive and transportation, electrical and electronics, medical, construction, and others. The global plastics and rubber products market is segmented - 1) By Type: Rubber Products, Plastic Products 2) By End-User Industry: Automotive & Transportation, Electrical & Electronics, Medical, Construction, Other End Users Subsegments Covered: Tire, Hoses And Belting, Other Rubber Product, Plastics Packaging Materials And Unlaminated Film And Sheet, Plastic Pipes And Shapes, Laminated Plastics Plate, Sheet, And Shape, Plastics Bottle, Urethane And Other Foam Product, Polystyrene Foam Products, Other Plastics Product The global plastics and rubber products market size will grow from $1365.01 billion in 2022 to $1466.92 billion in 2023 at a compound annual growth rate (CAGR) of 7.5%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of plastics and rubber products is expected to grow to $1899.33 billion in 2027 at a CAGR of 6.7%. New Developments In Packaging - The plastics and rubber products manufacturing industry is affected by the growth of the packaging industry. There are a number of new developments in the packaging industry that will drive the demand for plastic materials. Convenience features, such as resealable packs, easy-to-open stand-up pouches and smaller pack sizes for single-servings are being introduced and more promotional packs and brand extensions are being developed to ensure customer loyalty. These developments in packaging will increase the consumption of plastics and rubber and are driving the market. Major companies in the plastics and rubber products market include The Michelin Group, Bridgestone Corporation, Continental AG, Amcor Limited, Good Year Tire & Rubber Company, Sumitomo Rubber Group, Berry Global Group Inc., The Hankook Tire group, Pirelli & C SpA and Avery dennison. Corona virus Pandemic - The outbreak of Corona virus disease (COVID-19) has acted as a massive restraint on the plastics and rubber products manufacturing market in 2022 as supply chains were disrupted due to trade restrictions and consumption declined due to lockdowns imposed by governments globally. COVID-19 is an infectious disease with flu-like symptoms including fever, cough, and difficulty in breathing. The virus was first identified in 2019 in Wuhan, Hubei province of the People's Republic of China and spread globally including Western Europe, North America and Asia. Steps by national governments to contain the transmission have resulted in halting of manufacturing activities and a decline in economic activity with countries entering a state of 'lock down' and the outbreak had a negative impact on businesses throughout 2021 and into 2021. However, it is expected that the plastics and rubber products manufacturing market will recover from the shock across the forecast period as it is a 'black swan' event and not related to ongoing or fundamental weaknesses in the market or the global economy. Manufacturers in the plastic and rubber products industry are investing in automation technologies to reduce production costs, improve productivity and enhance product quality. The use of sensors and wireless technology aids in gathering valuable data that is used to improve efficiencies and reduce errors. This is resulting in streamlined manufacturing processes, and better product quality at lower costs. According to ABB, an industrial robot manufacturer, some of their customers reported an increase of 15-30% in productivity after installing robotic automation systems. Around 180,000 machines are employed in the plastic manufacturing industry in 2021, an increase of 67,000 machines over the course of 4 years. Major companies providing industrial robotics include FANUC Corporation, Yaskawa Electric Corporation, ABB Group, KUKA AG, and Kawasaki Heavy Industries, Ltd. Asia-Pacific was the largest region in the plastics and rubber products market in 2022. North America was the second largest region in the plastics and rubber products market share. The regions covered in the plastics and rubber products market analysis report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the plastics and rubber products market report are Argentina, Australia, Austria, Belgium, Brazil, Canada, Chile, China, Colombia, Czech Republic, Denmark, Egypt, Finland, France, Germany, Hong Kong, India, Indonesia, Ireland, Israel, Italy, Japan, Malaysia, Mexico, Netherlands, New Zealand, Nigeria, Norway, Peru, Philippines, Poland, Portugal, Romania, Russia, Saudi Arabia, Singapore, South Africa, South Korea, Spain, Sweden, Switzerland, Thailand, Turkey, UAE, UK, USA, Venezuela, Vietnam. The plastics and rubber products market consists of sales of polymerproducts, elastic products, and flexible products. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The plastics and rubber products market research report is one of a series of new reports from The Business Research Company that provides plastics and rubber products market statistics, including plastics and rubber products industry, global plastics and rubber products market size, regional shares, competitors with a plastics and rubber products market share, detailed plastics and rubber products market segments, plastics and rubber products market trends and opportunities, and any further data you may need to thrive in the plastics and rubber products industry. This plastics and rubber products market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

The synthetic rubber and fiber refer to artificial elastomers that are produced via the polymerization of a variety of petroleum-based monomers. The synthetic rubber and fibers have superior elastic properties and greater durability. The main types of synthetic rubber and fibers are synthetic fibers, styrene-butadiene rubber (sbr), polybutadiene (BR), ethylene propylene (EPDM), and other types of synthetic rubber and fibers. Synthetic fibers are man-made textile fibers, including those made from natural materials (such as rayon and acetate from cellulose or regenerated protein fibers from zein or casein) and fully synthetic fibers (such as nylon or acrylic fibers). The applications involved are non-tire automotive, footwear, tire, construction, and other applications. The distribution channels are offline and online. The global synthetic rubber and fibers market is segmented - 1) By Type: Synthetic Fibers, Styrene Butadiene Rubber (SBR), Polybutadiene (BR), Ethylene Propylene (EPDM), Other Synthetic Rubber and Fibers 2) By Application: Non-Tire Automotive, Footwear, Tire, Construction, Other Applications 3) By Distribution Channel: Offline, Online The global synthetic rubber and fibers market grew from $285.65 billion in 2022 to $307.6 billion in 2023 at a compound annual growth rate (CAGR) of 7.7%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The synthetic rubber and fibers market is expected to grow to $403.27 billion in 2027 at a CAGR of 7.0%. Technology is expected to be a continued driver of market growth during this period. Industries that involve technology, such as this one, benefited from this trend during this period. For example, technologies such as Green Tires, where 20–30% of a vehicle's fuel consumption is related to tire performance, took off during this period. Green tires offer wet grip, durability, and low rolling resistance, reducing fuel consumption by 5–7%. Thus, technological advances that enabled improved performance and reduced fuel consumption contributed to the market growth. Major companies in the synthetic rubber and fibers market include Sinopec Limited, Mitsubishi Chemical Holdings Corp, Exxon Mobil, Lotte Chemical Corp, Odebrecht Engenharia E Construcao Sa, Teijin Ltd., Asahi Kasei Corporation, SK Innovation Co, GS Caltex Corporation, and Lenzing AG. Rising geopolitical tensions had a negative impact on the synthetic rubber and fibers markets during the historic period. Repercussions of geopolitical tensions include sanctions on Russia, trade protectionism, and heightened military tensions in the Middle East. Many countries place trade restrictions, especially on imports, to boost local production. For instance, Brexit is likely to lead to more trade restrictions between the UK and other countries in Europe. The US is also implementing several trade restrictions, especially with China, to boost its local production. For instance, the US imposed tariffs on $550 billion worth of Chinese goods, including chemicals and plastics, as of January 2020. Continued violence and terrorism in the Middle East and other parts of the world are also expected to have a negative impact on the market. Many manufacturers have started to use more synthetic than natural rubber because falling crude oil prices have led to lower prices. Synthetic rubber prices dropped 15% in Europe and 5% in the USA in the second quarter compared to a year earlier. The synthetic rubber supply was consistent and more affordable than natural rubber during the studied period. According to estimates, European manufacturers now use 60% synthetic rubber and 40% natural rubber for manufacturing products associated with rubber. For instance, according to a report by the Rubber World, the global synthetic rubber market is expected to reach 21.2 million metric tons by 2024. Asia-Pacific was the largest region in the synthetic rubber and fibers market in 2022. Western Europe was the second-largest region in the synthetic rubber and fibers market. The regions covered in the synthetic rubber and fibers market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa. The countries covered in the synthetic rubber and fibers market are Argentina, Australia, Austria, Bangladesh, Belgium, Brazil, Canada, Chile, China, Colombia, Czech Republic, Denmark, Egypt, Finland, France, Germany, Hong Kong, India, Indonesia, Ireland, Israel, Italy, Iran, Japan, Malaysia, Mexico, Netherlands, New Zealand, Nigeria, Norway, Peru, Philippines, Poland, Portugal, Romania, Russia, Saudi Arabia, Singapore, South Africa, South Korea, Spain, Sweden, Switzerland, Thailand, Turkey, UAE, UK, Ukraine, USA, and Vietnam. The synthetic rubber and fibers market consists of the sales of neoprene, buna rubbers, and butyl rubbers. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The synthetic rubber and fibers market research report is one of a series of new reports from The Business Research Company that provides synthetic rubber and fibers market statistics, including synthetic rubber and fibers industry global market size, regional shares, competitors with a synthetic rubber and fibers market share, detailed synthetic rubber and fibers market segments, market trends and opportunities, and any further data you may need to thrive in the synthetic rubber and fibers industry. This synthetic rubber and fibers market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future state of the industry.

Styrene-butadiene rubber is a synthetic rubber derived from the co-polymers styrene and butadiene. These materials have good abrasion resistance and good age stability when protected by additives. The main product types of styrene-butadiene rubber market are emulsion type and solution type. Emulsions are mixtures composed of two or more liquid types, where one is like tiny droplets of a tiny or even ultramicroscopic size and is distributed among the others. The various applications involved are automotive tires, footwear, polymer modification, adhesives, and other applications. The distribution channels are direct/institutional sales, retail sales, and other channel sales. The global styrene butadiene rubber (SBR) market is segmented - 1) By Product Type: Emulsion Type, Solution Type 2) By Application: Automotive Tire, Footwear, Polymer Modification, Adhesives, Other Applications 3) By Distribution Channel: Direct/Institutional Sales, Retail Sales, Other Distribution Channels The global styrene butadiene rubber (SBR) market size will grow from $35.7 billion in 2022 to $37.79 billion in 2023 at a compound annual growth rate (CAGR) of 5.8%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global styrene butadiene rubber (SBR) market size is expected to grow from $46.55 billion in 2027 at a CAGR of 5.4%. Increased use of styrene butadiene rubber (SBR) market in tire manufacturing has contributed to the growth of the SBR market. Styrene-butadiene rubber is one of the key elements in tire manufacturing. Styrene and butadiene monomers are a blend of styrene and butadiene monomers that have natural rubber-like properties. Along with that, they have unique characteristics such as abrasion resistance, perfect impact strength, good resilience, and high tensile strength, which permit them to be suitable for high-end tire manufacturing. Growing sales of automobiles in recent years have led to increased use of SBR by the automobile industry. According to TrueCar Inc., an automotive pricing and information website for new and used car buyers, indicated that in September 2020, sales of new vehicles reached 1,221,092 units. This has led to an increased demand for SBR from the end-use industry, thus driving the styrene butadiene rubber (SBR) market. Major players in the styrene butadiene rubber (SBR) market are Asahi Kasei, Lanxess, Bridgestone, Michelin, China Petroleum & Chemical, Jsr, The Goodyear Tire & Rubber, Sinopec, Eastman, and SIBUR. Safety hazards have always been a major challenge in the styrene-butadiene rubber industry. Due to its potential hazards, butadiene is not sold to customers directly, but it is used in the manufacture of polymers and elastomers. Butadiene is highly volatile and low-water soluble. Long-term exposure to butadiene is detrimental to human health. Exposure to high concentrations can result in damage to the central nervous system, blurred vision, nausea, headache, fatigue, decreased blood pressure, and coma. According to the International Agency for Research on Cancer, 1,3-Butadiene has been listed as a possible carcinogen. Major companies in the styrene-butadiene rubber industry are increasingly investing in artificial intelligence (AI) to enhance their decision-making abilities and thus drive profits. The companies in this industry gather huge amounts of raw data relating to the working of plants and other infrastructure through a large number of sensors placed across the production site. Using big data analytics, companies can detect sensible patterns, which can allow them to quickly react to unwanted changes or potential defects, thus saving costs. AI allows companies to make better operational decisions. Companies such as Zhongce Rubber Group and Yokohama Rubber have been increasingly investing in AI technology to have a centralized method of data management and support data integration across multiple applications. In September 2022, Naftna Industrija Srbije (NIS), a Serbian oil and gas company received permission from the executive of the European Union ‘European Commission’ to acquire HIP-Petrohemija LLC Pancevo (HIPP) for an undisclosed amount. As a result, NIS aims to build HIP Petrohemija through modernization of basic production capacities, development of new plants and improving energy and business efficiency. HIP-Petrohemija LLC Pancevo (HIPP) is a Serbian petrochemicals and synthetic rubber manufacturer. Asia-Pacific was the largest region in the styrene butadiene rubber (SBR) market in 2022. Western Europe was the second-largest region in the styrene butadiene rubber (SBR) market report. The regions covered in the styrene butadiene rubber (SBR) analysis report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa. The countries covered in the styrene butadiene rubber (SBR) market are Brazil, China, France, Germany, India, Indonesia, Japan, South Korea, Russia, the UK, the USA, and Australia. The styrene butadiene rubber (SBR) market market consists of the sales of hot styrene-butadiene rubbers, cold styrene-butadiene rubbers, and solution styrene-butadiene rubbers. Values in this market are factory gate values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The styrene butadiene rubber (SBR) market research report is one of a series of new reports from The Business Research Company that provides styrene butadiene rubber (SBR) market statistics, including global market size, regional shares, competitors with a styrene butadiene rubber (SBR) market share, detailed styrene butadiene rubber (SBR) market segments, market trends and opportunities, and any further data you may need to thrive in the styrene butadiene rubber (SBR) industry. This styrene butadiene rubber (SBR) market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

Chemical compounds are substances that are produced based on the transformation of organic and inorganic raw materials by a chemical process and the formulation of products. Chemicals have characteristics such as flammability, toxicity, acidity, reactivity, and heat of combustion. The main types of chemicals are general chemical products, printing inks, toiletries, soap and cleaning compounds, adhesives, paints and coatings, pesticide and other types of agricultural chemicals, chemical fertilizers, synthetic rubber and fibers, plastic material and resins, ethyl alcohol, and other basic types of organic chemical, and other types of basic inorganic chemical, synthetic dye, and pigment, industrial gas, and petrochemicals. Printing ink is ink used in printing and contains a pigment or pigments of the required color mixed with oil or varnish. The types of intermediate chemicals are methanol, ethylene oxide, and propylene oxide. The end-users involved are pharmaceuticals, agrochemicals, water treatment, construction, paints and dyes, oil and gas, rubber chemicals, surfactants, personal care, and other end-users. The global chemicals market is segmented - 1) By Type: General Chemical Product, Printing Inks, Toiletries, Soap and Cleaning Compounds, Adhesives, Paints and Coatings, Pesticide and Other Agricultural Chemicals, Chemical Fertilizers, Synthetic Rubber and Fibers, Plastic Material and Resins, Ethyl Alcohol and Other Basic Organic Chemical, Other Basic Inorganic Chemical, Synthetic Dye and Pigment, Industrial Gas, Petrochemicals 2) By Type of Intermediate Chemicals: Methanol, Ethylene Oxide, Propylene Oxide 3) By End User: Pharmaceuticals, Agrochemicals, Water Treatment, Construction, Paints and Dyes, Oil & Gas, Rubber Chemicals, Surfactants, Personal Care, Other End-Users Subsegments Covered: Oil-Based Printing Inks, Solvent-Based Printing Inks, Water-Based Printing Inks, Lotions (Including Sunscreens), Hair Preparations, Face Creams, Perfumes, Shaving Preparations, Other Cosmetic Preparations, Soap and Other Detergents, Surface Active Agents, Polish and Other Sanitation Goods, Water-Based Adhesives, Solvent-Based Adhesives, Hot-Melt-Based Adhesives, Reactive & Other Adhesives, Water Borne Coatings, Solvent Based Coatings, Powder Coatings, Other Paints and Coatings, Herbicides, Insecticides, Fungicides, Other Pesticide and Other Agricultural Chemicals, Nitrogen Fertilizer, Phosphate Fertilizer, Potash Fertilizer, Synthetic Fibers, Styrene Butadiene Rubber (SBR), Polybutadiene (BR), Ethylene Propylene (EPDM), Other Synthetic Rubber and Fibers, Polypropylene-Plastic Material and Resins, High-Density Polyethylene, Poly-Vinyl Chloride, Polyethylene Terephthalate, Polyurethane, Low-Density Polyethylene, Polystyrene-Plastic Material and Resins, Other Plastic Material and Resins, Synthetic Sweeteners, Plasticizers, Ethyl Alcohol, Silicone (except Resins), Fatty Acids, Gum and Wood Chemicals Synthetic Dye, Synthetic Pigments, Nitrogen, Oxygen, Carbon Dioxide, Hydrogen, Other Industrial Gas, Ethylene-Petrochemicals, Propylene-Petrochemicals, Benzene-Petrochemicals, Xylene, Styrene-Petrochemicals, Toluene, Cumene, Other Petrochemicals. The global chemicals market size will grow from $4700.13 billion in 2022 to $5079.29 billion in 2023 at a compound annual growth rate (CAGR) of 8.1%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of chemicals is expected to grow to $6851.59 billion in 2027 at a CAGR of 7.8%. Interest rates were low in most developed countries during this period. This positively impacted the growth of the chemicals market. For instance, in March 2020, the Bank of England, a UK-based central bank, reduced interest rates to 0.1%, the lowest level ever, as a measure of protest against COVID-19. These low-interest rates encouraged borrowing and increased the flow of money for investment. This allowed chemical companies to borrow money for process improvements, thus driving the market during the historic period. Major companies in the chemicals market include JXTG Holdings Inc., Sinopec Limited, BASF SE, Procter & Gamble, Unilever plc, L'Oreal SA, Dow Inc., Saudi Basic Industries Corporation (SABIC), Mitsubishi Chemical Holdings Corp, and Guardian Industries, LLC. Rising costs had a negative impact on the growth of the industrial gas market during the forecast period. This rise in raw material costs resulted in higher manufacturing costs, thus decreasing the investments available for research and development of new products. Additionally, companies invested heavily in marketing their products due to intense competition in the market. Rising trucking, railroad, dry-bulk, and air-freight rates also negatively impacted the market. This rise in operating costs increased the pressure on companies to protect margins while maintaining the quality of their products. Chemical companies are increasingly adopting sustainable and eco-friendly processes to eliminate the negative impact of chemical manufacturing on the environment. Evolution in technology and chemical sciences enables chemical companies to utilize alternative fuels to produce chemical products. They are using naturally available carbon dioxide to produce fuels, industrial products, and other substances. For instance, Akzo Nobel N.V., a chemicals and coatings giant, is planning to make a seven-figure investment in Green Lizard Technologies’ patented process to make surfactants from plants rather than from oils. Asia-Pacific was the largest region in the chemicals market in 2022. North America was the second-largest region in the chemicals market share. The regions covered in the chemicals market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa. The countries covered in the chemicals market report are Argentina, Australia, Austria, Bangladesh, Belgium, Brazil, Canada, Chile, China, Colombia, Czech Republic, Denmark, Egypt, Finland, France, Germany, Hong Kong, India, Indonesia, Ireland, Israel, Italy, Iran, Japan, Malaysia, Mexico, Netherlands, New Zealand, Nigeria, Norway, Peru, Philippines, Poland, Portugal, Romania, Russia, Saudi Arabia, Singapore, South Africa, South Korea, Spain, Sweden, Switzerland, Thailand, Turkey, UAE, UK, Ukraine, USA, and Vietnam. The chemicals market consists of the sales of petrochemicals, industrial gas, ethyl alcohol, organic chemicals and inorganic chemicals, resins, synthetic rubber, and artificial and synthetic fibers and filaments, pesticides, fertilizers, and other agricultural chemicals. The chemicals industry establishments produce a variety of chemical products by processing raw materials such as air, water, natural gas, oil, metals and minerals. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The chemicals market research report is one of a series of new reports from The Business Research Company that provides chemicals market statistics, including chemicals industry global market size, regional shares, competitors with a chemicals market share, detailed chemicals market segments, market trends and opportunities, and any further data you may need to thrive in the chemicals industry. This chemicals market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.