Rubber process oil and Tyre market in Asia
The rubber processing chemicals market is mainly driven by the growth in the demand for automobiles. We use Rubber processing chemicals to enhance the properties of rubber used in the manufacture of tires. With the growing population and increased spending by the consumers, the demand for automobiles has increased which in turn has led to the increased demand for rubber processing chemicals. These chemicals add superior qualities to the rubber.
The most important role which cause high demand for rubber process oil is automobile segment which boosts demand of rubber processing oils. As mentioned the rubber processing chemicals market is usually affect by the growth in the demand for automobiles. We use Rubber processing chemicals to enhance the properties of rubber used in the manufacture of tires. With the growing population and increased spending by the consumers, the demand for automobiles has increased which in turn has led to the increased demand for rubber processing chemicals. These chemicals add superior qualities to the rubber.
Asia is the fastest-growing market for rubber processing oils and chemicals. The increasing request for rubber processing oil chemicals from the tire industry is further driving the market in this region. The economic development in the region has led to the increased demand for vehicles, which in turn drives the market for rubber processing chemicals.
Here we take a look at some companys which produce Tyre around the world:
Philippines tyre market
Due to governmental support of automobile, tyre making sector needs to import more rubber process oil .according to newly researched tyre market, the tyre market in the Philippines is forecast to cross usd970 million. Major factors propelling growth include increasing concentration of automobile oems in the country, rapid infrastructure developments, and favorable trading and policy environment. We expect Region-wise, a major portion of the demand for tyres to stem from the national capital region (ncr) of the country due to high levels of urbanization and a large automotive fleet size in the region.
Usage tyre market
Passenger car tyre remained the leading market segment in 2013, holding significant majority share in volume as well as value sales. Urban cities in the uae such as dubai, abu dhabi and sharjah are among the leading demand generators for tyres. Industry events such as automechanika’ and green auto show’ also have a profound impact on the uae’s ever-growing automotive trade, which in turn are influencing tyre sales in the country. Global automotive tyre manufacturers such as bridgestone, michelin, continental, goodyear, and pirelli are the key tyre players in the country. The uae is among the major economic epicenters in gulf cooperation council due to the presence of significant oil reserves. The country is characterized by affluent consumers with high purchasing power at par with most of the developed countries worldwide. On account of significant industrial growth, the country’s automotive industry has been flourishing at a rapid pace. In addition, the country has been witnessing immense developments in infrastructure in the form of new hotels, commercial complexes and sky-rise buildings being built. All these factors are creating significant impetus in the country’s tyre demand.
Rubber Process Oils (RPO)
Rubber Process Oils (RPO), both synthetic and natural are commercially used to produce products from rubber bands to a toy to the giant tyres for various vehicles including aircrafts.
Rubber Process Oils are used during mixing of rubber compounds. These help in improving the dispersion of fillers and flow characteristics of the compound during further processing. We specially develop IPOL Rubber process oils to taking into consideration the type of rubber and the end product applications.
We broadly divide the range of IPOL Rubber Process Oils in following three categories.
Aromatic types :
The primary characteristics of aromatic hydrocarbons are the presence of the double bonded mix ring carbon structure. Aromatic extracts procured from selected refineries and suitably blended to meet stringent specifications, are used for compounding batches to manufacture Tyres, calendared and moulded sheets, Tread rubber etc.
Naphthenic types :
Naphthenic are a class of hydrocarbons also referred to as ‘cycloparaffins’. Though their structure is similar to the aromatic ring, these are single bonded thus having a stable structure. Several such hydrocarbon rings may be linked indicating a variety of available grades. Their unique colour stability, solubility and good thermal stability makes them ideal for moulded articles, slippers, LPG tubes, floor tiles, etc.
Paraffinic types :
This class of hydrocarbons constitutes branched chain or straight linked hydrocarbon molecules of various viscosities. As the chain length increases, the viscosity increases and the rubber process oil becomes more viscous. They find extensive usage in EPDM, Butyl rubbers. IPOL grades include Paraffinic oils with high viscosity and high flash point for better shelf life of the end product. We extensively use the high viscosity and high flash point IPOL paraffinic oils in EPDM profiles for automotive applications.
In addition to these three types IPOL has a range of non carcinogenic low PCA (Polycyclic aromatics) oils meeting EU regulation. The range includes Mild extracted solvate (MES) type and Residual Aromatic Extract (RAE) type of oils. MES are blend of special heavy paraffinic oils while RAE are aromatic extracts. Both the types have Polycyclic aromatics content (as tested by IP 346 ) of less than 3% as required by EU regulation.