Global Rubber Processing Chemicals Market: Application across Diverse Industries to Boost Growth, says TMR
The global rubber processing chemicals market is highly consolidated with the top four companies accounting for nearly 41% of the overall market in 2015. These companies were BASF SE, Eastman Chemical Company, LANXESS, and Akzo Nobel N.V. Of these, the dominant share was with BASF SE due to its persistent efforts toward technological innovations and launching novel products, finds Transparency Market Research (TMR) in a recent study. The success of companies operating in the global rubber processing chemicals market is determined to an extent by their goodwill and product portfolio. Besides this, a considerable number of companies seek long-term contracts to sustain their market position. These forces have rendered the vendor landscape of the global rubber processing chemicals market highly competitive despite consolidation. In addition, the presence of numerous regional players has made the prevailing competition fiercer. Browse The Full Article Here: htt...