Press release
Butyl Rubber Market SWOT Analysis, Top Players - LANXESS, Exxon Mobil Corporation, SIBUR Holding PJSC, JSR Corporation
Butyl Rubber Market
We Have Recent Updates of butyl rubber Market in Sample Copy: https://www.emergenresearch.com/request-sample/2552
Driving Factors:
1. Automotive Sector Boost: The automotive industry's increasing reliance on butyl rubber for tire production, owing to its exceptional properties facilitating enhanced grip and traction, is a significant growth catalyst. This trend is further amplified by the rising adoption of Electric Vehicles (EVs), which surpassed 10 million units in sales in 2022, as reported by the International Energy Agency (IEA).
2. Construction Industry Demand: Butyl rubber finds extensive application in the construction sector, particularly in the production of rubber tires, tracks, mounts, and pads. These rubber components play a pivotal role in various construction machinery, ensuring optimal performance, noise reduction, and vibration absorption, thereby contributing to a quieter and safer work environment.
Market Challenges:
1. Price Fluctuations: The market faces challenges stemming from the fluctuating prices of rubber, influenced by factors such as global demand-supply dynamics, market trends, and government policies. The increasing demand for rubber from automotive companies exerts pressure on manufacturers to meet the escalating requirements, thereby impacting pricing stability.
Segment Insights:
1. Butyl Rubber Types: The market is segmented into regular butyl, bromo butyl, and chloro butyl. Regular butyl rubber dominates the segment, driven by its heat resistance, chemical resistance, and durability, making it a preferred choice in tire manufacturing and construction applications.
2. Application Spectrum: Butyl rubber finds extensive application in tires and tubes, pharmaceuticals, adhesive and sealants, industrial and medical gloves, among others. The tires and tubes segment commands a significant revenue share, supported by advancements in tire technology aimed at reducing dependence on air pressure, exemplified by initiatives like Michelin's collaboration with DHL to test airless tires.
Browse the complete Global Butyl Rubber Market Research Report - Industry Analysis, Size, Share, Growth, Trends and Forecast Till 2032 @ https://www.emergenresearch.com/industry-report/butyl-rubber-market
Butyl Rubber Top Companies and Competitive Landscape
The global butyl rubber market is fragmented, with several key players accounting for the majority of market revenue. Major players are deploying various strategies, entering mergers & acquisitions, strategic agreements & contracts, developing, testing, and introducing new products and solutions.
Some major players included in the global butyl rubber market report are:
• LANXESS
• Exxon Mobil Corporation
• SIBUR Holding PJSC
• JSR Corporation
• China Petroleum & Chemical Corporation
• Reliance Industries Limited
• Zhejiang Cenway Materials Co., Ltd.
• Royal Adhesive Industries
• Vip Rubber Co., Inc.
• Hallstar
• THE RUBBER COMPANY
• BRP Manufacturing
• Eswar Rubber Products Pvt. Ltd.
Butyl Rubber Latest Industry News
• On 15 August 2023, The Global Platform for Sustainable Natural Rubber (GPSNR) revealed that Sri Trang Agro-Industry (STA) has become the group's latest member within the producers, processors and traders category. STA has become part of GPSNR to work toward the sustainable and equitable production of natural rubber at scale. The firm has rubber plantations covering approximately 7,000ha in 19 provinces in Thailand.
• On 10 August 2022, Quanex released a new moisture protectant for solar panels that solar panel manufacturers can apply during the final manufacturing process. SolarGain Edge Sealant LP03 is a polyisobutylene butyl rubber adhesive with integrated desiccant. Preventing moisture ingress in solar modules, Solar Gain Edge Sealant helps better protect cells, connections, and conductive coatings to maximize performance and longevity. Quanex suggests an additional 10 to 15 years of useful life can be added to a solar panel with use of its sealant.
Request For Customization in Report @: https://www.emergenresearch.com/request-sample/2552
Butyl Rubber Market Segment Analysis
For the purpose of this report, Emergen Research has segmented the global butyl rubber market on the basis of rubber type, application, and region:
• Rubber Type Outlook (Revenue, USD Billion; 2019-2032)
o Regular Butyl
o Bromo Butyl
o Chloro Butyl
• Application Outlook (Revenue, USD Billion; 2019-2032)
o Tires and Tube
o Pharmaceuticals
o Adhesives and Sealants
o Industrial and Medical Gloves
o Others
• Regional Outlook (Revenue, USD Billion; 2019-2032)
o North America
1. U.S.
2. Canada
3. Mexico
o Europe
1. Germany
2. France
3. UK
4. Italy
5. Spain
6. Benelux
7. Rest of Europe
o Asia Pacific
1. China
2. India
3. Japan
4. South Korea
5. Rest of APAC
o Latin America
1. Brazil
2. Rest of LATAM
o Middle East & Africa
1. Saudi Arabia
2. UAE
3. South Africa
4. Turkey
5. Rest of Middle East & Africa
Future Outlook:
The global butyl rubber market is poised for steady growth, fueled by the automotive and construction sectors' robust demand. With ongoing technological advancements and increasing applications across various industries, the market is expected to witness sustained expansion in the foreseeable future.
Contact Us:
Eric Lee
Corporate Sales Specialist
Emergen Research
Direct Line: +1 (604) 757-9756
E-mail: sales@emergenresearch.com
Visit for More Insights: https://www.emergenresearch.com/insights
About Us:
Emergen Research is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target, and analyse consumer behavior shifts across demographics, across industries, and help clients make smarter business decisions. We offer market intelligence studies ensuring relevant and fact-based research across multiple industries, including Healthcare, Touch Points, Chemicals, Types, and Energy. We consistently update our research offerings to ensure our clients are aware of the latest trends existent in the market. Emergen Research has a strong base of experienced analysts from varied areas of expertise. Our industry experience and ability to develop a concrete solution to any research problems provides our clients with the ability to secure an edge over their respective competitors.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Butyl Rubber Market SWOT Analysis, Top Players - LANXESS, Exxon Mobil Corporation, SIBUR Holding PJSC, JSR Corporation here
News-ID: 3476528 • Views: …
More Releases from Emergen Research
Bacteriophage Market Size to Boost USD 65.67 Million By 2032 | CAGR 4.2% - Publi …
The global Bacteriophage Market size was USD 43.52 Million in 2022 and is expected to register a steady revenue CAGR of 4.2% during the forecast period, according to latest analysis by Emergen Research. Increasing prevalence of antibiotic-resistant bacteria and rising demand for personalized medicine and investments and research activities for the production of bacteriophage based treatments and medications are key factors driving market revenue growth.
Bacteriophages have been shown to be…
Internet of Behaviors (IoB) Market Size to Boost USD 3,087.86 Billion By 2032 | …
The global Internet of Behaviors (IoB) market size is expected to reach USD 3.087.86 Billion in 2032 and register a steady revenue CAGR of 23.6% over the forecast period, according to the latest analysis by Emergen Research. Stringent regulations on the use of Internet of Behaviors (IoB) in various industries and technological advancements of big data analytics and IoB technology are key factors driving market revenue growth. The use and…
Consumer Internet of Things (IoT) Market Size to Boost USD 334.78 Billion By 203 …
The global Consumer Internet of Things (IoT) Market size is expected to reach USD 334.78 Billion in 2032 and register a revenue CAGR of 13.9% during the forecast period, according to the latest analysis by Emergen Research. Increasing adoption of smart devices and growing number of internet users is a major factor driving the market revenue growth. When using the Internet of Things for customer care, organizations can use the…
Industrial Safety Market Size to Boost USD 12.33 Billion By 2032 | CAGR 6.8% - P …
The Industrial Safety Market is experiencing robust growth, driven by the imperative need for workplace safety across various industries worldwide. Industrial safety encompasses a range of products, solutions, and services designed to protect workers, assets, and the environment from occupational hazards and accidents. With an increasing focus on compliance with stringent safety regulations, risk mitigation, and employee well-being, industries are investing in advanced safety technologies and practices. The market's expansion…
More Releases for Butyl
Butyl Rubber Market Top Key Players- Reliance Industries Ltd., ExxonMobil Chemic …
Zion Market Research published a new 110+ pages industry research “Butyl Rubber Market: Global Industry Analysis, Size, Share, Growth, Trends, 2015 to 2021” is exhaustively researched and analyzed in the report to help market players to improve their business tactics and ensure long-term success. The authors of the report have used easy-to-understand language and uncomplicated statistical images but provided thorough information and detailed data on the Global Butyl Rubber Market.…
Butyl Rubber Market Report 2018: Segmentation by Type (Regular Butyl Rubber, Chl …
Global Butyl Rubber market research report provides company profile for Sibur, Sinopec Beijing Yanshan, Zhejiang Cenway Synthetic New Material, Panjin Heyun Group, Formosa Synthetic Rubber (Ningbo), ExxonMobil, Lanxess, PJSC NizhneKamskneftekhim, JSR and Others.
This market study includes data about consumer perspective, comprehensive analysis, statistics, market share, company performances (Stocks), historical analysis 2012 to 2017, market forecast 2018 to 2025 in terms of volume, revenue, YOY growth rate, and CAGR for…
Global Halogenated Butyl Rubber Market 2017- Lanxess, ExxonMobil, PJSC Nizhnekam …
The main objective of the report titled Global Halogenated Butyl Rubber Market is to give a complete idea of the Halogenated Butyl Rubber market for the duration of 2017-2022. The Halogenated Butyl Rubber report focuses on market overview, market growth factors, market segmentation, regional analysis and competitive players involved in Halogenated Butyl Rubber market.
Global Halogenated Butyl Rubber market report provides qualitative and quantitative knowledge about Halogenated Butyl Rubber industry. The…
Global Halogenated Butyl Rubber Market 2017 - ExxonMobil, Japan Butyl, Lanxess, …
The report studies Halogenated Butyl Rubber in Global market Professional Survey 2017 : Size, Share, Trends, Industry Growth, Opportunity, Application, Production, Segmentation, Cost Structure, Company Profile, Product Picture and Specifications during the Forecast period by 2022
Global Halogenated Butyl Rubber Industry 2017 is a comprehensive, professional report delivering market research data that is relevant for new market entrants or established players. Key strategies of the companies operating in the market…
Halogenated Butyl Rubber Market 2017- ExxonMobil, Lanxess, PJSC Nizhnekamsknefte …
MarketReports.biz, recently published a detailed market research study focused on the "Halogenated Butyl Rubber Market" across the global, regional and country level. The report provides 360° analysis of "Halogenated Butyl Rubber Market" from view of manufacturers, regions, product types and end industries. The research report analyses and provides the historical data along with current performance of the global Halogenated Butyl Rubber industry, and estimates the future trend of Halogenated…
Global Halogenated Butyl Rubber Market-Japan Butyl, Lanxess, ExxonMobil, Zhejian …
Global Halogenated Butyl Rubber Market report 2017 is an in-depth research on the current situation of the Halogenated Butyl Rubber industry.
The Scope of the Halogenated Butyl Rubber research report:
The Global Halogenated Butyl Rubber Market primarily includes a basic overview of the Halogenated Butyl Rubber industry. It also includes Halogenated Butyl Rubber definitions, classifications and applications. It segments the market by applications, types, regions, competitive players and also analyzes Halogenated Butyl…
