Report Code: A14894 | Pages: NA | Mar 2023 | 633 Views | ||
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Pandemic disrupted the entire world and affected many industries.
Get detailed COVID-19 impact analysis on the Antiozonant Market
Request Now !An antiozonant also known as antiozonant, is an organic compound that prevents or retards damage caused by ozone. The most important antiozonants are those which prevent degradation of elastomers like rubber.
Elastomers like rubber, including related material like butyl rubber and EPDM rubber are prone to ozone cracking. Antiozonants are used to prevent or delay that. In particular they are additives in tires manufacturing
Antiozonants have the ability to avert or reverse oxidation caused due to ozone.
COVID-19 Impact analysis
The market was negatively impacted by COVID-19 in 2020. Owing to the pandemic scenario, several countries went into lockdown, to curb the spreading of the virus. This completely disrupted the supply and chain, thus negatively affected the market's growth. Also, the production of dyes and pigments, rubber, etc. has been declined in 2020 due to the shutdown of manufacturing plants. However, the condition is expected to recover in 2021, which will restore the growth trajectory of the market forecast studied during the period. Slowing demand growth, growing surplus, and a shrinking value pool were already present before the pandemic and have only become more pronounced. In addition, the industry faces structural disruption from the tran¬sition to renewable energy resources and a regenerative, or circular, economy. The impact of the coronavirus on petrochemical demand was irregular across value chains, with automotive and construction applications seeing particularly steep declines, and packaging demand (especially in food, sanitary products, and medical applica¬tions) remaining robust.
Top Impacting Factors
Antiozonants have the capacity to forestall or withdraw oxidation caused due to ozone. Ozone responds to rubber and degenerates’ rubber or other forms of elastomers. Antiozonants behave as additives that protect elastomers from wear out caused due to exposure to atmospheric ozone. Elastomeric materials tend to become breakable and develop cracks with consonant exposure to ozone. Antiozonants are expected to witness notable demand in the near future, due to their potential to overcome destruction caused by ozone. Antiozonants are only on the surface of the rubber for its protection from ozone cracking, as ozone attacks mainly transpire at the facet of the rubber
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Antiozonant Market Report Highlights
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Key Market Players | SI Group, Inc., Eastman Chemical Company, NOCIL LIMITED, Akrochem Corporation, Kerax Ltd,, Repsol, The International Group, Inc., Alpine Chemie, Longsun, ASPPC, PMC Group, Inc, SASOL, LANXESS, Paramelt, Kiapolymer, DOG Chemie |
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