Global EPPD (6PPD+7PPD) Market was valued at USD 0.4 Billion in 2022 and is projected to reach USD 0.7 Billion by 2030, growing at a CAGR of 7.8% from 2024 to 2030.
The EPPD (6PPD+7PPD) market has been experiencing significant growth due to increasing global concerns about tire degradation and the subsequent environmental impact. EPPD, primarily used as a chemical antioxidant in tires, has been gaining attention due to its critical role in extending the lifespan and safety of rubber products. 6PPD and 7PPD are essential ingredients in the manufacturing process, offering resistance against oxidative aging, which is key to ensuring the durability of tires under extreme conditions.
In recent years, the demand for more sustainable products has driven manufacturers to invest heavily in the development of EPPD compounds. Several leading companies in the rubber and tire industry have prioritized incorporating these chemicals to meet evolving environmental regulations and consumer expectations for longer-lasting, eco-friendly products. The market is also being propelled by the increasing production and consumption of vehicles, particularly in developing nations, where urbanization and industrialization are on the rise.
Among the main factors influencing the growth of the EPPD (6PPD+7PPD) market is the push for better performance in high-mileage tires and the ongoing advancements in tire technology. As vehicle manufacturers aim to produce tires with enhanced longevity, the market for EPPD chemicals is expected to expand. Additionally, the growing awareness of tire-related pollution is further boosting market demand, as environmentally conscious consumers seek alternatives to tires that contribute to toxic runoff from road surfaces.
While there are significant opportunities, the EPPD market also faces challenges. The potential health and environmental risks associated with the chemicals have raised concerns among regulatory bodies, particularly regarding the leaching of 6PPD into water systems. These issues could lead to stricter regulations, which may influence the growth of the market in the coming years. Manufacturers are therefore investing in research to create safer, more eco-friendly alternatives that meet both industry needs and regulatory standards.
Despite these challenges, the EPPD (6PPD+7PPD) market remains on an upward trajectory, with forecasts indicating continued growth. As demand for longer-lasting and eco-conscious tires intensifies, companies will continue to innovate to meet the evolving needs of the market, ensuring the sustainability and performance of future tire products.
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Sennics
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the Global EPPD (6PPD+7PPD) Market
Natural Rubber
Synthetic Rubber
Based on Types the Market is categorized into Below types that held the largest EPPD (6PPD+7PPD) market share In 2023.
Liquid
Other
Global (United States, Global and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Global, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the Global EPPD (6PPD+7PPD) Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Global EPPD (6PPD+7PPD) Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global EPPD (6PPD+7PPD) Market, By Type
6. Global EPPD (6PPD+7PPD) Market, By Application
7. Global EPPD (6PPD+7PPD) Market, By Geography
Global
Europe
Asia Pacific
Rest of the World
8. Global EPPD (6PPD+7PPD) Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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