The rubber additives market is expected to reach USD 6,493.06 million by 2026, growing at a CAGR of 4.08% during the forecast period (2021-2026). Growth in the tire and rubber industry and rising demand in the non-tire segment of the construction industry are the major factors driving the demand for the research market. On the other hand, environmental concerns, recession in the automotive industry, and the impact of COVID 19 are expected to hinder the growth of the market.

Applications in tire manufacturing dominate the market and are expected to grow over the forecast period owing to increasing consumer demand for more durable and long-lasting products.

The development of new additives to produce high-performance rubbers that improve the durability of end products may be an opportunity in the future.

The Asia-Pacific region dominates the rubber additives market, with India, China, and Japan driving consumption.