Global Butyl Adhesives Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Global Butyl Adhesives Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Butyl rubber is an elastomeric polymer that is widely used as an adhesive and sealant, both as a primary adhesive and as a tackifier and modifier. Butyl Adhesive can be divided into Butyl Adhesive Tape and Butyl Adhesive Paste.

Butyl Adhesives possess superior properties such as excellent resistance to sunlight and weather, high durability, resistance to heat and aging which makes it suitable for numerous end use industries such as paper & packaging, building & construction, woodworking, automotive, and others.

Market Overview:

The latest research study on the global Butyl Adhesives market finds that the global Butyl Adhesives market reached a value of USD 1434.85 million in 2022. It’s expected that the market will achieve USD 2088.51 million by 2028, exhibiting a CAGR of 6.46% during the forecast period.

Threat

of cheap alternatives
Butyl adhesive has low strength, small elasticity, poor characteristics, and slow vulcanization speed. It is necessary to continuously improve and update technology to modify butyl rubber. In addition, butyl rubber adhesives are more expensive than other adhesives, which will prompt consumers to choose cheaper adhesives, thereby limiting the development of the industry.

Rising labor costs

With the development of the economy, people have higher demands on wages, which has led to an increase in labor prices in various regions of the world. In view of the fact that the production of butyl adhesive requires more labor, the cost of manufacturer’s increases as labor costs increase.

With the rapid development of the construction industry in the Asia-Pacific region, it has brought huge development opportunities to the butyl adhesive industry.

The application of construction industry adhesives in the construction industry mainly includes: plate manufacturing, mortar infusion, bonding reinforcement, repair and bonding and other aspects. In addition, during the later decoration and maintenance, a large amount of building materials and decorations that are inseparable with adhesive will also be used. Therefore, no matter during the construction, decoration or maintenance of the building, there will be demand for adhesives.
With the increase in residential construction activities in Asia-Pacific countries (such as South Korea, Singapore, India, Indonesia), the demand for construction adhesives is also increasing. Increasing income levels and nuclear families in some countries, affordable interest rates, and modern attitudes towards housing ownership have led to a rapid increase in residential construction activities in the region. These factors are positively affecting the application of Butyl Adhesives in the construction industry.

Region Overview:

In 2022, the share of the Butyl Adhesives market in North America stood at 43.19%.

Company Overview:

Henkel is one of the major players operating in the Butyl Adhesives market, holding a share of 21.15% in 2023.

Henkel

Henkel AG & Co. KGaA manufactures industrial, commercial, and consumer chemical products. The Company produces reactive polyurethane and laminating adhesives, labeling for glass and PET plastic bottles, corrosion inhibitors and surface treatments, soaps, skin care products, hair dye, perfumes, detergents, dishwashing soaps, glass cleaners, wallpaper adhesives, and roofing products.

Bostik

Bostik Inc. develops and manufactures adhesives and sealants for construction, transportation, packaging, personal care and hygiene, and industrial assembly applications. The Company is headquartered in Wauwatosa, Wisconsin.

Segmentation Overview:

By type, Butyl Adhesive Paste segment accounted for the largest share of market in 2022.

Butyl Adhesive Tape

Butyl tape is a kind of adhesive tape with good adhesion and good sealing effect. It uses butyl rubber and polyisobutylene as the main raw materials to blend, and then attaches the surface to a release paper to make a roll. It has good water resistance, so it is also called butyl waterproof sealing tape. Mainly used for steel structure roof color steel plate, overlapping daylighting panels, doors and windows, roof concrete, ventilation pipes, dust removal equipment and waterproof sealing of automobile interiors

Butyl Adhesive Paste

Butyl Adhesive Paste is a pasty, non-sagging, solvent-based sealant based on butyl gum. Usually in barrels or bottles.

Application Overview:

By application, the Building & Construction segment occupied the biggest share from 2018 to 2022.

Key Companies in the global Butyl Adhesives market covered in Chapter 3:

deVan Sealants
3M
Zhongyuan Silande High Technology
HS Butyl
RENOLIT
Sika
Guibao Science and Technology
H. B. Fuller
K-FLEX
Credit (HeNan) Sealing Material
Henkel
Nitto
GSSI Sealants
Bostik
General Sealants

In Chapter 4 and Chapter 14.2, on the basis of types, the Butyl Adhesives market from 2018 to 2029 is primarily split into:

Butyl Adhesive Tape
Butyl Adhesive Paste

In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the Butyl Adhesives market from 2018 to 2029 covers:

Paper & Packaging
Building & Construction
Woodworking
Automotive
Others

Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2018-2029) of the following regions are covered in Chapter 8 to Chapter 14:

North America (United States, Canada)
Europe (Germany, UK, France, Italy, Spain, Russia, Netherlands, Turkey, Switzerland, Sweden)
Asia Pacific (China, Japan, South Korea, Australia, India, Indonesia, Philippines, Malaysia)
Latin America (Brazil, Mexico, Argentina)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa)