Global Butyl Rubber Market, By Type (Regular Butyl, Bromo Butyl, Chloro Butyl), Application (Adhesives, Sealant for Rubber Roof Repair, Tubeless Tire Liners, Medicine Bottles, Mechanical Goods, and Others), End-User (Automotive Industry, Pharmaceutical Industry, Consumer Products, Rubber Industries, Construction Industries, and Others), Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, U.A.E, Saudi Arabia, Egypt, South Africa, Israel, Rest of Middle East and Africa) Industry Trends and Forecast to 2027
Butyl rubber market will reach at an estimated value of USD 4.81 billion and grow at a rate of 5.90% for the forecast period of 2020 to 2027. The rising demand for automobile tires for new vehicles and the replacement of old tires is a vital factor driving the growth of butyl rubber market.
Butyl rubber is a type of polymer or synthetic rubber and has different chemical and physical properties. It is linked with two monomers, isobutylene and isoprene. There are numerous applications of butyl rubber which includes high flexibility, biocompatibility, air tight and gas impermeability (specific), good vibration damper, good weathering, and chemical and heat resistance.
The rising growth in the production of vehicles is the vital factor escalating the market growth, also rising food grade butyl rubber application and increasing infrastructure activities are the major factors among others driving the butyl rubber market. Moreover, continuous research and development activities and modernization will further create new opportunities for the butyl rubber market in the forecast period of 2020- 2027.
However, fluctuation in feedstock prices in the market is the vital factor among others acting as a restraint, and will further challenge the growth of butyl rubber market in the forecast period mentioned above.
This butyl rubber market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographical expansions, technological innovations in the market. To gain more info on butyl rubber market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Butyl Rubber Market Scope and Market Size
Butyl rubber market is segmented on the basis of product, application and end-user. The growth amongst the different segments helps you in attaining the knowledge related to the different growth factors expected to be prevalent throughout the market and formulate different strategies to help identify core application areas and the difference in your target markets.
- Based on product, the butyl rubber market is segmented into regular butyl, bromo butyl and chloro butyl.
- On the basis of application, the butyl rubber market is segmented into adhesives, sealant for rubber roof repair, tubeless tire liners, medicine bottles, mechanical goods and others.
- The butyl rubber market is also segmented on the basis of end-user into automotive industry, pharmaceutical industry, consumer products, rubber industries, construction industries, and others.
Global Butyl Rubber Market Country Level Analysis
Butyl rubber market is analysed and market size, volume information is provided by country, product, application and end-user as referenced above.
The countries covered in the butyl rubber market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
North America dominates the butyl rubber market due to rising industrialization in this region. Asia-Pacific is the expected region in terms of growth in butyl rubber market due to the growing automotive sector in this region.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Butyl Rubber Market Share Analysis
Butyl rubber market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to butyl rubber market.
The major players covered in the butyl rubber market report are Arlanxeo., Timco Rubber., Reliance Industries Limited., Eastman Chemical Company or its subsidiaries, Huntsman International LLC., Formosa Plastics Corporation, Royal Dutch Shell Plc, Eni S.p.A., Evonik Industries AG, Ineos Group AG, LANXESS, LyondellBasell Industries Holdings B.V., SABIC, Exxon Mobil Corporation., and TPC Group among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
Customization Available : Global Butyl Rubber Market
Data Bridge Market Research is a leader in consulting and advanced formative research. We take pride in servicing our existing and new customers with data and analysis that match and suits their goal. The report can be customised to include production cost analysis, trade route analysis, price trend analysis of target brands understanding the market for additional countries (ask for the list of countries), import export and grey area results data, literature review, consumer analysis and product base analysis. Market analysis of target competitors can be analysed from technology-based analysis to market portfolio strategies. We can add as many competitors that you require data about in the format and data style you are looking for. Our team of analysts can also provide you data in crude raw excel files pivot tables (Factbook) or can assist you in creating presentations from the data sets available in the report.