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Abundance of Applications of Anti-tack Agents for Rubber Puts Market on Pace to surpass US$437.9 mn globally by 2023: Transparency Market Research

Albany - New York, Oct. 5, 2015 (GLOBE NEWSWIRE) -- Transparency Market Research has published a new report titled "Anti-Tack Agents Market for Rubber - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2015 - 2023". According to the report, the global anti-tack agents market for rubber was valued at US$306.5 mn in 2014 and is anticipated to reach US$437.9 mn by 2023, expanding at a CAGR of 4.1% between 2015 and 2023.

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Anti-tack agents are used in various segments of the rubber industry based on end-use of rubber. Different types of anti-tack agents are used; these include stearates, silicone polymers, talc, and fatty acid esters. Demand for anti-tack agents in tires has been increasing due to rapidly growing automotive industry. Anti-tack agents are widely used in the rubber industry to eliminate self-sticking property of rubber substrates. Demand for anti-tack agents has been rising lately due to growing modifications in rubber processing and rapid production in end-user industries such as automotive.

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Other factors such as rising consumption of anti-tack agents in the medical industry for rubber gloves has also contributed toward growth of the anti-tack agents market for rubber. However, issues such as rise in raw material prices, environmental regulations, and lack of consumer awareness are likely to hamper growth of the stearates market. This, in turn, is expected to hinder the industry for rubber processing chemicals such as anti-tack agents. Anti-tack agents such as stearates are manufactured through the reaction of fatty acids with metal oxides, hydroxides, or alkaline chemicals. Fatty acids commonly used in the manufacture of stearates include vegetable oil or animal fat oil-based stearic acids.

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Stearates accounted for over 40% share of the anti-tack agents for rubber market in 2014. They are widely favored due to beneficial properties such as good lubrication, foam inhibition, water repellency, gelling capacity, and separation. Asia Pacific is the primary consumer of stearates as anti-tack agents, particularly in ASEAN. Other products such as fatty acid esters are also used as rubber releasing agents, with products such as monoglycerides preventing adhesion to the rubber substrate.

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Development of anti-tack agents took place with changes and progress made in the rubber industry. Furthermore, this industry was fueled by improvements in environmental control, cost-effectiveness, health, and quality standards that most rubber manufacturers have faced in the past. Different types of anti-tack agents are used based on type of rubber. Products such as stearates, fatty acid esters, soaps, and silicone polymers are used in the removal of self-adhesive properties of rubber. Rubber products are then consumed by various end-users such as automotive, industrial, medical, and household products.

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The report segments the anti-tack agents market for rubber as follows:

Anti-Tack Agents Market for Rubber - Product Segment Analysis

  • Stearates
  • Fatty Acid Esters
  • Fatty Acid Amides
  • Soaps
  • Silicone Polymers
  • Others (Including Talc, etc.)

Anti-Tack Agents Market for Rubber - Regional Analysis

North America

  • S.
  • Rest of North America

Europe

  • Germany
  • France
  • K.
  • Italy
  • Spain
  • Rest of Europe

Asia Pacific

  • China
  • India
  • ASEAN
  • Rest of Asia Pacific

Latin America

  • Brazil
  • Rest of Latin America

Middle East & Africa

  • GCC
  • South Africa
  • Rest of Middle East & Africa

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About Us:

Transparency Market Research (TMR) is a U.S. based provider of syndicated research, customized research, and consulting services. TMR's global and regional market intelligence coverage includes industries such as pharmaceutical, chemicals and materials, technology and media, food and beverages, and consumer goods, among others. Each TMR research report provides clients with a 360-degree view of the market with statistical forecasts, competitive landscape, detailed segmentation, key trends, and strategic recommendations.

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Source:Transparency Market Research