Global Isobutylene Isoprene Rubber (IIR) Market Growth 2023-2029

Global Isobutylene Isoprene Rubber (IIR) Market Growth 2023-2029

Isobutylene Isoprene Rubber, which is abbreviated as IIR, is a synthetic rubber, a copolymer of isobutylene with isoprene. Isobutylene Isoprene Rubber can also be called Butyl Rubber. The primary properties of Isobutylene Isoprene rubber are excellent air-barrier performance, good flex fatigue and vibration damping. From inner tubes to curing bladders, butyl properties are valued across a range of rubber products.

LPI (LP Information)' newest research report, the “Isobutylene Isoprene Rubber (IIR) Industry Forecast” looks at past sales and reviews total world Isobutylene Isoprene Rubber (IIR) sales in 2022, providing a comprehensive analysis by region and market sector of projected Isobutylene Isoprene Rubber (IIR) sales for 2023 through 2029. With Isobutylene Isoprene Rubber (IIR) sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Isobutylene Isoprene Rubber (IIR) industry.

This Insight Report provides a comprehensive analysis of the global Isobutylene Isoprene Rubber (IIR) 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 Isobutylene Isoprene Rubber (IIR) portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Isobutylene Isoprene Rubber (IIR) market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Isobutylene Isoprene Rubber (IIR) 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 Isobutylene Isoprene Rubber (IIR).

The global Isobutylene Isoprene Rubber (IIR) market size is projected to grow from US$ 5323.6 million in 2022 to US$ 7532.5 million in 2029; it is expected to grow at a CAGR of 7532.5 from 2023 to 2029.

Global Isobutylene Isoprene Rubber (IIR) key players include ExxonMobil, Lanxess, JSR, etc. Global top three manufacturers hold a share about 75%.

North America is the largest market, with a share over 30%, followed by China and Europe, both have a share over 40 percent.

In terms of product, Halogenated IIR is the largest segment, with a share about 65%. And in terms of application, the largest application is Tires, followed by Medical Stoppers, Protective Clothing, Sporting Equipment, etc.

This report presents a comprehensive overview, market shares, and growth opportunities of Isobutylene Isoprene Rubber (IIR) market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type

Regular IIR

Halogenated IIR

Segmentation by application

Tires

Medical Stoppers

Protective Clothing

Sporting Equipment

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

Shandong Chambroad Petrochemicals

Key Questions Addressed in this Report

What is the 10-year outlook for the global Isobutylene Isoprene Rubber (IIR) market?

What factors are driving Isobutylene Isoprene Rubber (IIR) market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Isobutylene Isoprene Rubber (IIR) market opportunities vary by end market size?

How does Isobutylene Isoprene Rubber (IIR) 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.