Healthy growth in both tire and non-tire product consumption is resulting in product demand. Rubber processing chemicals impart superior performance under extreme weather conditions to the rubber products. This property is expected to bode well for market expansion. The Global Rubber Processing Chemicals Market size is expected to reach USD 6.10 billion by 2024, according to a new report by Grand View Research, Inc. It is anticipated to expand at a CAGR of 4.3% over the forecast period. Growth of tire and automotive industry has a direct influence on development of market for rubber processing chemicals. Advancing automotive sector and aftermarket is anticipated to subsequently drive demand for tires over the forecast period. The growth of this market largely depends on tire industry, which utilizes both, natural and synthetic rubber. Significant rise in demand for green, high-performance, and fuel-efficient tires in emerging countries is driving the market for rubber processi...