High performance rubber is mostly made of things like neodymium-based performance butadiene rubber (Nd-PBR) and solution styrene butadiene rubber (S-SBR). These items are made from styrene and butadiene, which are two chemicals that can be used to make synthetic rubbers. Nd-PBR is most often used to make the treads and side walls of “Green Tires,” while S-SBR is most often used to make the treads. When these products are added to tyres, they are safer, have less rolling resistance, grip better on wet roads, use less gas, and last longer because they are more resistant to wear. As high-performance rubber becomes more popular on the market, companies like LANXESS in Germany are able to come up with new production capacities and goals. In the automotive industry, high-performance rubber is used to make things like tyres.
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The automotive rubber market is likely to move away from commodity products and towards high performance rubber. This is because high performance rubber has many advantages over commodity products, such as making tyres safer, giving them a better grip on wet roads, making them less likely to roll, and more. Studies have shown that Green Tires can save up to 5–7% of fuel and have a faster price amortisation rate than other ways to save fuel in vehicles. Also, government agencies are working to reduce the impact of transportation on the environment. One step in this direction is being taken by the European regulatory body, which will start enforcing a new labelling law on November 1, 2012. Here, tyres will be put into groups based on how they affect gas mileage, how loud they are, and how well they work in the rain. This will be good for the market for high performance tyres.
On the basis of type, the global high-performance rubber market is split into natural and synthetic.
Natural: In the global high-performance rubber market, the main areas where natural is used are in automobiles, machinery and equipment, construction, consumer goods, and other areas. Natural is more popular than synthetic because it costs less. Also, it’s more expensive to keep an inventory of this type of raw material because its prices change a lot. These changes can be caused by things like weather patterns or problems with other sources, like monoculture crops that are harvested all at once instead of at different times.
Synthetic: Synthetic rubber is mostly used for tyres because it works better than natural rubbers. It is also being used more and more in other products, like conveyor belts, mats, and gaskets, to make machines that work at low or high temperatures work better. Synthetic rubber takes the place of some traditional materials that are getting harder to get from trees because people are cutting down too many trees around the world. Synthetic doesn’t need this material at all, which means less demand on logging operations. However, if synthetic alternatives contain petroleum compounds, there may be a trade-off in the form of more pollution.
The Global High-Performance Rubber Market is divided into Automotive, Machinery & Equipment, Construction, and Consumer Goods based on how it is used.
Automotive: One of the biggest uses of high-performance rubber is in making cars. When it comes to making cars, there are three main things to consider: how long they last, how reliable they are, and how well they use gas. All of these things affect what kind of tyres a company will use on the cars it makes and how many tyres each car needs. In the past few years, there has been a rise in the number of people who want low-rolling-resistance tyres. These tyres help you get better gas mileage, but they can lose some performance depending on things like the weather and how you drive.
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High Performance Rubber Market: Regional Segment Analysis
- North America
- The U.S.
- The UK
- Rest of Europe
- Asia Pacific
- South Korea
- Southeast Asia
- Rest of Asia Pacific
- Latin America
- Rest of Latin America
- Middle East & Africa
- South Africa
- Rest of Middle East & Africa