Press release
Global Butyl Rubber Is Expected To Witness A Significant Growth Of USD ~ 6,034.33 Million By 2022
The Global Butyl Rubber is expected to witness a significant growth of USD ~ 6,034.33 million by 2022 with CAGR of ~ 6% between 2016 and 2022.
Butyl rubber, also known as isobutylene-isoprene rubber, which is a synthetic rubber formed by copolymerizing isobutylene with lesser volumes of isoprene. Butyl rubber is basically valued for its impermeability to gases, chemical inertness and impermeability to gases.
Butyl rubber has found in various applications such as additives, sealant for rubber roof repair, tubeless tire liners, medicine bottles, mechanical good, automotive tubes, medical stoppers, ball bladders, adhesives, sealants, vibration mounts, electrical fluids, lubricants, and others. Increasing in The demand of tires and tubes and other products in automotive industries will increase the butyl rubber market. Moreover, the increase in demand for materials such as sealants, medical stoppers, in pharmaceutical industry will also boost the butyl rubber market.
However, some factors such as fluctuating raw material prices, regulations for volatile organic compound emissions due to rubber manufacturing, and availability of alternatives are predicted to encounter the market’s growth in the future.
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The global butyl rubber market is majorly segmented on the basis of types, application, end users and region. Based on types butyl rubber the market is segmented into regular butyl rubber, chlorinated butyl rubber, brominated butyl rubber. Based on application of butyl rubber the market is segmented into adhesives, sealant for rubber roof repair, tubeless tire liners, medicine bottles, mechanical goods, and others. Based on end user butyl rubber the market is segmented into automotive industry, pharmaceutical industry, consumer products, rubber industries, construction industries, and others and based on region market is segmented into North America, Europe, APAC, Latin America, Middle East & Africa.
Study Objectives of Butyl Rubber Market:
• To provide detailed analysis of the market structure along with forecast for the next 7 years of the various segments and sub-segments of the Global Butyl Rubber Market
• To understand the supply and demand dynamics including supply and consumption concentration mapping
• To provide region level market analysis and future outlook for North America, Europe, Asia, and Rest of the World (ROW) and their countries
• To provide competitor positioning of the market
• To provide company profiling of major players in the market along with their production and capacity
• To provide regional trade analysis
• To evaluate historical market trends, patents and technologies, and current government regulatory requirements that are relevant to the market.
Key Players:
• Exxon Mobil Corporation (US)
• Lanxess AG (Germany)
• Reliance Industries Limited (India)
• JSR Corporation (Japan)
• Yanhua Petrochemical Company (China)
• Cenway Polymer Co., Ltd (China)
• Panjin Heyun Industrial Group Co., Ltd. (China)
• PJSC Nizhnekamskneftekhim (Russia)
Browse complete report at https://www.marketresearchfuture.com/reports/butyl-rubber-market .
Intended Audience:
• Butyl Rubber manufacturers
• Traders and distributors of Butyl Rubber
• Production Process industries
• Potential investors
• Raw material suppliers
• Nationalized laboratory
Regional Analysis:
Asia Pacific is the largest market of butyl rubber due to rapid growth of automotive and construction industries in China region followed by Japan, Australia and India. North America is expected to drive the market on account of increasing demand in various applications applications including packaging and sealing. Increasing demand in medical products such as medical stoppers, curing bladders, sealing medicine vials and bottles, and others from developed economies is expected to open new avenues for the market. Europe has been expected to experience moderate growth owing to developed consumer Industry. Latin America is expected to witness an increasing demand on account of rapid development of tire and rubber industry.
Geographic Analysis:
The report covers brief analysis of geographical region such as:
North America
• US
• Canada
Europe
• Germany
• France
• Italy
• Netherlands
• U.K.
• Rest of Europe
APAC
• China
• India
• Japan
• Rest of Asia-Pacific
RoW
• South America
• Middle East
• Africa
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The report about Global Butyl Rubber Market by Market Research Future comprises of extensive primary research along with detail analysis of qualitative as well as quantitative aspects by various industry experts and key opinion leaders to gain a deeper insight of the market and industry performance. The report gives a clear picture of the current market scenario which includes past and estimated future market size in terms of value and volume, technological advancement, macro economical and governing factors in the market. The report further provides detail information about strategies used by top key players in the industry. It also gives a broad study about different market segments and regions.
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.
MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.
In order to stay updated with technology and work process of the industry, MRFR often plans & conducts meet with the industry experts and industrial visits for its research analyst members.
Akash Anand
P: +1 646 845 9312
W: www.marketresearchfuture.com
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