Vulcanization Accelerators Market to Witness Growth Acceleration During 2019 202

Posted by Arslan on October 3rd, 2019

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 sole, 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 automotive. This has resulted in to surge in sales of vehicles. The demand for a tire is ever-increasing, and so is for 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 its use. Regulations are being set and implemented by 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-wheeler, the eighth most significant manufacturer of commercial vehicle and the second-largest manufacturer of the bus. The shoe market in 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.

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