Global Butyl Rubber Market Growth 2023-2029
Butyl rubber is the foundation of today’s butyl rubber technology. Butyl rubber is a copolymer of isobutylene and a small amount of isoprene providing for a highly saturated backbone. The primary properties of butyl rubber are excellent air-barrier performance, good flex fatigue and vibration damping.
LPI (LP Information)' newest research report, the “Butyl Rubber Industry Forecast” looks at past sales and reviews total world Butyl Rubber sales in 2022, providing a comprehensive analysis by region and market sector of projected Butyl Rubber sales for 2023 through 2029. With Butyl Rubber sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Butyl Rubber industry.
This Insight Report provides a comprehensive analysis of the global Butyl Rubber landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Butyl Rubber portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Butyl Rubber market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Butyl Rubber and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Butyl Rubber.
The global Butyl Rubber market size is projected to grow from US$ 5184.8 million in 2022 to US$ 7185.3 million in 2029; it is expected to grow at a CAGR of 7185.3 from 2023 to 2029.
Global Butyl Rubber main players are ExxonMobil, Lanxess, PJSC NizhneKamskneftekhim, JSR, etc. Global top four manufacturers hold a share over 80%. North America is the largest market, with a share nearly 30%.
This report presents a comprehensive overview, market shares, and growth opportunities of Butyl Rubber market by product type, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
Regular Butyl Rubber
Chlorinated Butyl Rubber
Brominated Butyl Rubber
Segmentation by application
Tire
Medical Materials
Adhesives and Sealants
Others
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
ExxonMobil
Lanxess
PJSC NizhneKamskneftekhim
Sibur
JSR
Sinopec Beijing Yanshan
Formosa Synthetic Rubber (Ningbo)
Zhejiang Cenway Synthetic New Material
Panjin Heyun Group
Key Questions Addressed in this Report
What is the 10-year outlook for the global Butyl Rubber market?
What factors are driving Butyl Rubber market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Butyl Rubber market opportunities vary by end market size?
How does Butyl Rubber break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?
Please note: The report will take approximately 2 business days to prepare and deliver.
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