Global rubber processing chemicals market forecast with a CAGR of 5.3 percent

The market demand for rubber processing chemicals is significantly high in the automotive industry. Rubber processing chemicals are widely used in the manufacturing of tires, and other automotive components such as body sealing systems, transmission systems, and automotive antivibration systems among others. The use of the product in tire manufacturing improves the life of tires, enhances fuel economy, and improves vibration and impact absorption

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