Butyl Rubber Market will be Valued at $5200 million by 2023 | Global Key Players (ExxonMobil, Lanxess, JSR, Sibur, Sinopec Beijing Yanshan)

BusinessIndustryReports have new report on “Global Butyl Rubber Market 2019-2023”. The report provides the newest industry data and industry future trends. The industry report lists the leading competitors and provides the insights strategic industry Analysis of the key factors influencing the market.

This Report covers the Major Players data, including: shipment, revenue, gross profit, interview record, business distribution etc., these data help the consumer know about the competitors’ better. This report also covers all the regions and countries of the world, which shows a regional development status, including market size. 

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with the slowdown in world economic growth, the Butyl Rubber industry has also suffered a certain impact, but still maintained a relatively optimistic growth, the past four years, Butyl Rubber market size to maintain the average annual growth rate of -2.49% from 4400.00 million $ in 2015 to 4080.00 million $ in 2018, market analysts believe that the next few years, Butyl Rubber market size will be further expanded, we expect that by 2023 , The market size of the Butyl Rubber will reach 5200 million $.

Increasing application in construction, healthcare, and consumer product are supporting the growth of butyl rubber market. Further, growing demand for butyl rubber for roof repairing and damp proofing and application of food grade butyl rubber as a chewing base are further expected to stimulate the growth of butyl rubber in coming years. However, fluctuating raw material prices and availability of substitutes may restrict the growth of the market. Nonetheless, demand of butyl rubber as a binding agent in explosives is increasing significantly. It can be added to diesel fuel in order to resist fouling of fuel injectors.

Furthermore, the butyl rubber is used in the explosives industry for the manufacture of plastic explosives. The increasing demand for butyl rubber as a binding agent in explosives along with the rising demand for explosives from the mining industry will propel its demand over the forecast period. Furthermore, butyl rubber can be added to diesel fuel to withstand fouling of fuel injectors. Last but not the least, increasing environmental considerations for regulating hydrocarbon and particulate matter emissions is expected to fuel market growth.

Key Players:

1 ExxonMobil

2 Lanxess

3 PJSC NizhneKamskneftekhim

4 JSR

5 Sibur

6 Sinopec Beijing Yanshan and more.......

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The report covers the Segments and sub-segments of the Global Butyl Rubber Market by:

Regions:

1 North America Country (United States, Canada)

2 South America

3 Asia Country (China, Japan, India, Korea)

4 Europe Country (Germany, UK, France, Italy)

5 Other Country (Middle East, Africa, GCC)

Product Types:

1 Regular Butyl Rubber

2 Chlorinated Butyl Rubber

3 Brominated Butyl Rubber

Industry Segmentation:

1 Tires

2 Medical Materials

Key questions answered in the report include:

1 What are the key factors driving the Butyl Rubber market?

2 What are the key market trends impacting the growth of the global Butyl Rubber market?

3 What are the challenges to Butyl Rubber market growth?

4 Who are the key vendors in the global Butyl Rubber market?

5 What are the market opportunities and threats faced by the vendors in the global Butyl Rubber market?

6 What are the key outcomes of the five forces analysis of the global Butyl Rubber market?

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Table of Content:

1 Butyl Rubber Product Definition

2 Global Butyl Rubber Manufacturer Share and Market Overview

3 Manufacturer Butyl Rubber Business Introduction

4 Global Butyl Rubber Market Segmentation (Region Level)

5 Global Butyl Rubber Market Segmentation (Product Type Level)

6 Global Butyl Rubber Market Segmentation (Industry Level)

7 Global Butyl Rubber Market Segmentation (Channel Level)

8 Butyl Rubber Market Forecast 2019-2023

9 Butyl Rubber Segmentation Product Type

10 Butyl Rubber Segmentation Industry

11 Butyl Rubber Cost of Production Analysis

12 Conclusion

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