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Rubber Additives Market Drivers

The rapid growth of the automotive industry has created an upsurge in the demand for rubber additives for the manufacturing of tires as well as other rubber products. Additives are largely comprised of fillers and there has been a rise in the demand for rubber additives from the tire industry, which is projected to support the demand for rubber additives over the forecast period.

There has been a significant increase in the demand for tires, which has been driving the rubber additives business growth. Increasing disposable income in developing countries is pushing the demand for the automotive market. Rise in the demand for tires from the automotive industry is expected to boost the growth of the rubber additives market

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