Pune, India -- (SBWIRE) -- 06/22/2018 -- Industry Trending News:
September, 2016 – Polymer Solutions Group, a leading player in the specialty polymers and additives acquired Alkon Solutions Ltd., a U.K based anti-tack products manufacturer for rubber industry. The acquisition was in line with the company's strategy to expand its global position in the specialty rubber additives business.
May, 2017 – Nordmann, Rassmann GmbH (NRC) and Faci S.p.A entered into a strategic partnership agreement in which Nordmann, Rassmann GmbH (NRC) has taken over the distribution of various anti-tack products from Faci S.p.A alcium stearate, zinc stearate, magnesium stearate, sodium stearate, and aluminium stearate as well as other additives from Faci in Germany.
Anti-Tack Agents Market – Competitive Analysis
The Anti-Tack Agents is a fragmented market, the competition is intense among the players operating in this market with increasing demand for rubber processing chemicals and increasing penetration of rubber in different end-use industries. Manufacturers are adopting various strategies to capture the market share with acquisitions, product launch and expansion of portfolio. For instance, Polymer Solutions Group's acquisition of Alkon Solutions Ltd. a U.K based manufacturer of anti-tack products for rubber industry.
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Anti-Tack Agents Market – Market Overview
Anti-Tack Agents are chemical compounds used widely across the rubber industry to eradicate the stickiness of uncured rubber. Anti-Tack Agents are applied on the surface of the uncured rubbers which helps in handling and transportation of uncured rubber. With profound application in the rubber industry the market for Anti-Tack Agents are highly dependent on the trends revolving around the rubber and rubber processing industry. In terms of regional growth, the ASEAN market is expected to grow at higher rate with the concentration of rubber producers and processing plants in the region.
Among the different types of Anti-Tack Agents in the market stearates accounts for the largest share in terms of value and volume. The demand for stearates type of anti-tack agent is from the plastic & rubber processing industry wherein it is consumed as lubricant and stabilizers. Thus, demand from plastic and rubber processing industry is expected to add substantial value to the anti-tack agents market globally.
Some of the prominent trends identified in the Global Anti-Tack Agents Market is the increasing demand for Anti-Tack Agents in the tire manufacturing industry. The global tire sales volume is expected to reach nearly 4.2 billion units by 2023. Thus, the subsequent increase in tyre production is expected to boost the demand for anti-tack agents market
Crude oil prices hit historical low in the recent past, resulting in declining gasoline prices and increasing sales of vehicles. The automotive production witnessed a 4.5% increase in 2016 in comparison with production growth in 2015, the global automotive industry is foreseen to register a growth rate of nearly 5% in the coming years. Thus, considering the prevailing trends in the automotive production will act as an underlying market driving factor for anti-tack agents market during the forecast period.
Apart from the tire industry, Anti-Tack Agents are used across various end-use industries such as molded rubber goods, and footwear among others. Penetration of rubber has evolved and has become an integral part in the consumer goods sector. With favourable macroeconomic conditions such as rise in disposable income, increasing middle class population and changing lifestyle has witnessed considerable spending on consumer goods, which in turn is increasing the demand for rubber mostly in the emerging economies. Thus, penetration of rubber goods among the consumers will drive the demand for Anti-Tack Agents among the rubber product manufacturers.
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