|12-11-2018 04:18 AM CET - Advertising, Media Consulting, Marketing Research||
Butyl Adhesives Market will reach 890 million US$ in 2023
Press release from: Global Info Research
New report published by Global Info Research which offers insights on the global Butyl Adhesives market.
This report focuses on Butyl Adhesives, Butyl Adhesives are produced from butyl rubber which is a copolymer of Isobutylene Isoprene Rubber. Butyl Rubber is a synthetic rubber and manufactured by polymerization of about 2% of isoprene with 98% of isobutylene. It can be produced from the monomer isobutylene by cationic addition polymerization.
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Global Butyl Adhesives Market: Forecast by Type / Application / Region
In global market, the production of butyl adhesives increases from 137.5 K MT in 2013 to 160.4 K MT in 2018, at a CAGR of 3.13%. In 2017, the global butyl adhesives market is led by USA, capturing about 33.33% of global butyl adhesives production. Europe is the second-largest region-wise market with 28.50% global production share.
In application, butyl adhesives downstream is wide and recently butyl adhesives has acquired increasing significance in various fields of paper & packaging, building & construction, woodworking, automotive and others. Globally, the butyl adhesives market is mainly driven by growing demand for building & construction which accounts for 73.24% global downstream consumption of butyl adhesives in 2017.
The worldwide market for Butyl Adhesives is expected to grow at a CAGR of roughly 4.9% over the next five years, will reach 890 million US$ in 2023, from 670 million US$ in 2017, according to a new GIR (Global Info Research) study.
Global Nonferrous Metal Recycling Market:Key Players
H. B. Fuller
HS Butyl Ltd
Guibao Science and Technology
Zhongyuan Silande High Technology
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United States Butyl Adhesives Market 2018 Forecast to 2023
Europe Butyl Adhesives Market 2018 Forecast to 2023
North America Butyl Adhesives Market 2018 Forecast to 2023
Asia-Pacific Butyl Adhesives Market 2018 Forecast to 2023
China Butyl Adhesives Market 2018 Forecast to 2023
EMEA Butyl Adhesives Market 2018 Forecast to 2023
Global Butyl Adhesives Market 2018 Forecast to 2023
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This release was published on openPR.
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