Chlorinated Rubber Market to Gain a Positive CAGR Owing to Rise in Medical Infrastructure by 2022

Global Chlorinated Rubber Market is expected to gain a positive CAGR in the forthcoming period. Chlorinated rubber is also known as chlorub, which is a chemically inert material with excellent film forming properties and is widely used in paints, printing inks and adhesive industry. Chemically, it is non-flammable, tasteless and a non-toxic white powder which acts as an instant dry binder with a low chemical reactivity with solvent soluble properties. It exhibits a higher degree of impermeability to water and water vapour.

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Films of chlorinated rubber display powerful resistance to corrosive features and in adhesive applications, it enhances the bonding effect of nitrile and polychloroprene rubber based adhesives. Moreover, the chlorinated rubber market gains a positive traction owing to its use against corrosion and versatility. Overall, the commercial driving factors responsible for the growth of chlorinated rubber market include rise in government funding, versatile nature of chlorinated rubber and extensive use in production of paints and inks.

Based on segmentation by product, the chlorinated rubber market includes low viscosity, Medium Viscosity and High Viscosity. Based on segmentation by application, the chlorinated rubber market includes adhesive, traffic paint and marine paint.
Geographically, chlorinated rubber market spans North America, Europe, Asia-Pacific, Middle-East and Africa. APAC regions dominate the chlorinated rubber market owing to growth in after construction and printing activities. North America and Europe market is also expected to gain a positive traction owing to growth in paint industry for commercial purposes. MEA regions are also expected to gain a steady CAGR growth in the forthcoming period.

The key players in the chlorinated rubber market include Rishiroop Group, Bech Chem, Ruize Chemical, Shandong Tianchen Chemical, Fujian Wantaixiang Chemical Development, Fenghua Yuron Chemical Industry Material, Alfa Paints & Allied Products.

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