Press release
Synthetic Isobutylene Isoprene Market Research Report 2023
Global Synthetic Isobutylene Isoprene MarketSynthetic Isobutylene Isoprene, 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.
The global Synthetic Isobutylene Isoprene market was valued at US$ million in 2022 and is anticipated to reach US$ million by 2029, witnessing a CAGR of % during the forecast period 2023-2029. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
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North American market for Synthetic Isobutylene Isoprene is estimated to increase from $ million in 2023 to reach $ million by 2029, at a CAGR of % during the forecast period of 2023 through 2029.
Asia-Pacific market for Synthetic Isobutylene Isoprene is estimated to increase from $ million in 2023 to reach $ million by 2029, at a CAGR of % during the forecast period of 2023 through 2029.
The key global companies of Synthetic Isobutylene Isoprene include ExxonMobil, Lanxess, PJSC NizhneKamskneftekhim, Sibur, JSR, Sinopec Beijing Yanshan, Formosa Synthetic Rubber (Ningbo), Zhejiang Cenway Synthetic New Material and Panjin Heyun Group, etc. In 2022, the world's top three vendors accounted for approximately % of the revenue.
Report Scope
This report aims to provide a comprehensive presentation of the global market for Synthetic Isobutylene Isoprene, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Synthetic Isobutylene Isoprene.
The Synthetic Isobutylene Isoprene market size, estimations, and forecasts are provided in terms of output/shipments (Tons) and revenue ($ millions), considering 2022 as the base year, with history and forecast data for the period from 2018 to 2029. This report segments the global Synthetic Isobutylene Isoprene market comprehensively. Regional market sizes, concerning products by type, by application and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Synthetic Isobutylene Isoprene manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by type, by application, and by regions.
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Key Segmentations
By Company
• ExxonMobil
• Lanxess
• PJSC NizhneKamskneftekhim
• Sibur
• JSR
• Sinopec Beijing Yanshan
• Formosa Synthetic Rubber (Ningbo)
• Zhejiang Cenway Synthetic New Material
• Panjin Heyun Group
• Shandong Chambroad Petrochemicals
Segment by Type
• Regular IIR
• Halogenated IIR
Segment by Application
• Tires
• Medical Stoppers
• Protective Clothing
• Sporting Equipment
• Others
Production by Region
• North America
• Europe
• China
• Japan
View Full Report: https://reports.valuates.com/market-reports/QYRE-Auto-8E13593/global-synthetic-isobutylene-isoprene
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