Antidegradants Market, Global Outlook and Forecast 2024-2030
The global Antidegradants market was valued at US$ million in 2022 and is projected to reach US$ million by 2029, at a CAGR of % during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes. Rubber products, such as tires, are subjected to wear over a period of time due to air, heat, light, and flexing as rubber slowly loses its tensile strength and other properties. In order to retard the ageing of tires, several substances are used to manufacture rubber, one of such substance is antidegradants or deterioration inhibitor. These antidegradants include various antioxidants and antiozonants. Along with this, other materials such as organic compounds that, which is largely present in the rubber are used as antidegradants in the rubber industry. Antidegradants are categorized into staining antidegradants and non-staining antidegradants depending up on whether or not the rubber is colored, discolored, or otherwise stain...