World - Prepared Rubber Accelerators - Market Analysis, Forecast, Size, Trends And Insights
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The article discusses the global market for prepared rubber accelerators, forecasting an upward consumption trend with an anticipated CAGR of +2.7% in volume and +4.9% in value from 2022 to 2030. In 2022, global consumption totaled 477K tons, with China as the largest consumer. Production, imports, and exports of prepared rubber accelerators are also analyzed, with China leading in exports and the United States in imports. Prices, growth rates, and market shares are detailed to provide a comprehensive overview of the market dynamics.
Market Forecast
Driven by increasing demand for prepared rubber accelerators worldwide, the market is expected to continue an upward consumption trend over the next eight years. Market performance is forecast to decelerate, expanding with an anticipated CAGR of +2.7% for the period from 2022 to 2030, which is projected to bring the market volume to 592K tons by the end of 2030.
In value terms, the market is forecast to increase with an anticipated CAGR of +4.9% for the period from 2022 to 2030, which is projected to bring the market value to $3.2B (in nominal prices) by the end of 2030.
Consumption
World Consumption of Prepared Rubber Accelerators
In 2022, global consumption of prepared rubber accelerators totaled 477K tons, surging by 4.3% against the previous year's figure. Over the period under review, the total consumption indicated a strong increase from 2012 to 2022: its volume increased at an average annual rate of +5.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by +1.4% against 2019 indices. Global consumption peaked in 2022 and is likely to continue growth in the near future.
The global prepared rubber accelerators market revenue amounted to $2.1B in 2022, surging by 6.1% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, the total consumption indicated measured growth from 2012 to 2022: its value increased at an average annual rate of +4.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by +15.7% against 2020 indices. Global consumption peaked in 2022 and is expected to retain growth in the immediate term.
Consumption By Country
The country with the largest volume of prepared rubber accelerators consumption was China (85K tons), comprising approx. 18% of total volume. Moreover, prepared rubber accelerators consumption in China exceeded the figures recorded by the second-largest consumer, India (39K tons), twofold. The third position in this ranking was held by Thailand (31K tons), with a 6.6% share.
From 2012 to 2022, the average annual rate of growth in terms of volume in China stood at +4.1%. The remaining consuming countries recorded the following average annual rates of consumption growth: India (+4.9% per year) and Thailand (+11.3% per year).
In value terms, the largest prepared rubber accelerators markets worldwide were China ($259M), the United States ($221M) and Japan ($197M), with a combined 32% share of the global market. India, Thailand, Brazil, Indonesia, France, Vietnam, Turkey, Russia, Taiwan (Chinese) and Germany lagged somewhat behind, together comprising a further 40%.
Taiwan (Chinese), with a CAGR of +28.3%, saw the highest growth rate of market size among the main consuming countries over the period under review, while market for the other global leaders experienced more modest paces of growth.
The countries with the highest levels of prepared rubber accelerators per capita consumption in 2022 were Taiwan (Chinese) (549 kg per 1000 persons), Thailand (448 kg per 1000 persons) and France (232 kg per 1000 persons).
From 2012 to 2022, the most notable rate of growth in terms of consumption, amongst the key consuming countries, was attained by Taiwan (Chinese) (with a CAGR of +26.8%), while consumption for the other global leaders experienced more modest paces of growth.
Production
World Production of Prepared Rubber Accelerators
In 2022, the amount of prepared rubber accelerators produced worldwide dropped modestly to 472K tons, which is down by -1.9% on 2021 figures. Over the period under review, the total production indicated a prominent expansion from 2012 to 2022: its volume increased at an average annual rate of +5.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by -3.0% against 2019 indices. The most prominent rate of growth was recorded in 2014 with an increase of 17% against the previous year. Global production peaked at 486K tons in 2019; however, from 2020 to 2022, production stood at a somewhat lower figure.
In value terms, prepared rubber accelerators production contracted modestly to $1.8B in 2022 estimated in export price. The total output value increased at an average annual rate of +3.6% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2018 when the production volume increased by 27% against the previous year. As a result, production attained the peak level of $2.2B. From 2019 to 2022, global production growth remained at a lower figure.
Production By Country
The country with the largest volume of prepared rubber accelerators production was China (213K tons), accounting for 45% of total volume. Moreover, prepared rubber accelerators production in China exceeded the figures recorded by the second-largest producer, the United States (25K tons), eightfold. The third position in this ranking was taken by India (24K tons), with a 5.1% share.
In China, prepared rubber accelerators production increased at an average annual rate of +7.2% over the period from 2012-2022. In the other countries, the average annual rates were as follows: the United States (+1.0% per year) and India (+1.7% per year).
Imports
World Imports of Prepared Rubber Accelerators
Global prepared rubber accelerators imports contracted to 244K tons in 2022, declining by -3.3% against the previous year. The total import volume increased at an average annual rate of +4.4% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2017 with an increase of 17% against the previous year. Global imports peaked at 253K tons in 2021, and then reduced slightly in the following year.
In value terms, prepared rubber accelerators imports expanded rapidly to $1.1B in 2022. Over the period under review, total imports indicated a strong increase from 2012 to 2022: its value increased at an average annual rate of +5.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +47.3% against 2020 indices. The pace of growth was the most pronounced in 2021 with an increase of 37%. Over the period under review, global imports reached the maximum in 2022 and are expected to retain growth in the near future.
Imports By Country
In 2022, Thailand (33K tons), Indonesia (26K tons), India (21K tons), China (16K tons), Vietnam (15K tons), Germany (14K tons) and the United States (13K tons) represented the main importer of prepared rubber accelerators in the world, committing 57% of total import. Poland (8.4K tons), Spain (7.7K tons), Russia (7.7K tons), France (6K tons), Malaysia (5.8K tons) and South Korea (5.8K tons) followed a long way behind the leaders.
From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the leading importing countries, was attained by Poland (with a CAGR of +13.8%), while imports for the other global leaders experienced more modest paces of growth.
In value terms, the largest prepared rubber accelerators importing markets worldwide were Thailand ($120M), India ($95M) and Indonesia ($88M), with a combined 29% share of global imports. Vietnam, China, Germany, the United States, Poland, Spain, Russia, South Korea, France and Malaysia lagged somewhat behind, together comprising a further 42%.
In terms of the main importing countries, Poland, with a CAGR of +12.6%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other global leaders experienced more modest paces of growth.
Import Prices By Country
In 2022, the average prepared rubber accelerators import price amounted to $4,314 per ton, with an increase of 11% against the previous year. Overall, the import price recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when the average import price increased by 19%. Global import price peaked in 2022 and is likely to see steady growth in years to come.
Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Vietnam ($5,192 per ton), while Indonesia ($3,330 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (+2.8%), while the other global leaders experienced more modest paces of growth.
Exports
World Exports of Prepared Rubber Accelerators
In 2022, global exports of prepared rubber accelerators dropped to 239K tons, reducing by -13.4% compared with 2021. Overall, total exports indicated a prominent expansion from 2012 to 2022: its volume increased at an average annual rate of +5.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +3.3% against 2020 indices. The pace of growth appeared the most rapid in 2017 with an increase of 33%. The global exports peaked at 276K tons in 2021, and then dropped in the following year.
In value terms, prepared rubber accelerators exports rose to $1.1B in 2022. In general, total exports indicated buoyant growth from 2012 to 2022: its value increased at an average annual rate of +6.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +47.5% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 41% against the previous year. The global exports peaked in 2022 and are expected to retain growth in the immediate term.
Exports By Country
China prevails in exports structure, resulting at 143K tons, which was approx. 60% of total exports in 2022. Malaysia (19K tons) took an 8% share (based on physical terms) of total exports, which put it in second place, followed by Italy (7.9%). The following exporters - the United States (8.1K tons), Germany (7.5K tons), South Korea (5.8K tons), India (5.7K tons), Spain (5.6K tons) and Taiwan (Chinese) (4.1K tons) - together made up 15% of total exports.
Exports from China increased at an average annual rate of +8.8% from 2012 to 2022. At the same time, Spain (+20.4%), Italy (+11.3%), Malaysia (+6.7%), the United States (+3.4%) and India (+1.1%) displayed positive paces of growth. Moreover, Spain emerged as the fastest-growing exporter exported in the world, with a CAGR of +20.4% from 2012-2022. Germany experienced a relatively flat trend pattern. By contrast, South Korea (-1.1%) and Taiwan (Chinese) (-8.4%) illustrated a downward trend over the same period. China (+17 p.p.), Italy (+3.5 p.p.) and Spain (+1.8 p.p.) significantly strengthened its position in terms of the global exports, while South Korea, Germany and Taiwan (Chinese) saw its share reduced by -2%, -2.5% and -5% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.
In value terms, China ($631M) remains the largest prepared rubber accelerators supplier worldwide, comprising 57% of global exports. The second position in the ranking was taken by the United States ($74M), with a 6.8% share of global exports. It was followed by Italy, with a 6.6% share.
In China, prepared rubber accelerators exports expanded at an average annual rate of +13.0% over the period from 2012-2022. The remaining exporting countries recorded the following average annual rates of exports growth: the United States (+5.2% per year) and Italy (+10.5% per year).
Export Prices By Country
In 2022, the average prepared rubber accelerators export price amounted to $4,613 per ton, with an increase of 20% against the previous year. Over the last decade, it increased at an average annual rate of +1.4%. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was the United States ($9,192 per ton), while Malaysia ($2,648 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+3.9%), while the other global leaders experienced more modest paces of growth.
This report provides an in-depth analysis of the global prepared rubber accelerators market. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 20595630 - Prepared rubber accelerators
Country coverage:
Worldwide - the report contains statistical data for 200 countries and includes detailed profiles of the 50 largest consuming countries:
- USA
- China
- Japan
- Germany
- United Kingdom
- France
- Brazil
- Italy
- Russian Federation
- India
- Canada
- Australia
- Republic of Korea
- Spain
- Mexico
- Indonesia
- Netherlands
- Turkey
- Saudi Arabia
- Switzerland
- Sweden
- Nigeria
- Poland
- Belgium
- Argentina
- Norway
- Austria
- Thailand
- United Arab Emirates
- Colombia
- Denmark
- South Africa
- Malaysia
- Israel
- Singapore
- Egypt
- Philippines
- Finland
- Chile
- Ireland
- Pakistan
- Greece
- Portugal
- Kazakhstan
- Algeria
- Czech Republic
- Qatar
- Peru
- Romania
- Vietnam
+ the largest producing countries
Data coverage:
- Global market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Global production, split by region and country
- Global trade (exports and imports)
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- CONSUMPTION BY COUNTRY
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. GLOBAL PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
- PRODUCTION BY COUNTRY
8. GLOBAL IMPORTS
The Largest Importers on The Market and How They Succeed
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. GLOBAL EXPORTS
The Largest Exporters on The Market and How They Succeed
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
11. COUNTRY PROFILES
The Largest Markets And Their Profiles
This Chapter is Available Only for the Professional Edition PRO- United States
- China
- Japan
- Germany
- United Kingdom
- France
- Brazil
- Italy
- Russian Federation
- India
- Canada
- Australia
- Republic of Korea
- Spain
- Mexico
- Indonesia
- Netherlands
- Turkey
- Saudi Arabia
- Switzerland
- Sweden
- Nigeria
- Poland
- Belgium
- Argentina
- Norway
- Austria
- Thailand
- United Arab Emirates
- Colombia
- Denmark
- South Africa
- Malaysia
- Israel
- Singapore
- Egypt
- Philippines
- Finland
- Chile
- Ireland
- Pakistan
- Greece
- Portugal
- Kazakhstan
- Algeria
- Czech Republic
- Qatar
- Peru
- Romania
- Vietnam
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LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption, By Country, 2018–2023
- Production, In Physical Terms, By Country, 2012–2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Destination, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Origin, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Consumption, By Country, 2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Production, By Country, 2023
- Production, In Physical Terms, By Country, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, 2012–2023
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In value terms, prepared rubber accelerators imports amounted to $X in 2016. The total import value increased at an average annual rate of +X% over the period from 2007 to 2016; the trend pattern...
In value terms, prepared rubber accelerators exports stood at $X in 2016. In general, prepared rubber accelerators exports continue to indicate a relatively flat trend pattern. Over the period unde...