Press release
Butyl Rubber Market is Expected to Witness Significant Growth of US$ 4,200 Mn by 2025
Butyl rubber is a synthetic rubber manufactured by the copolymerization of isobutylene with isoprene. Butyl rubber is mostly used in the tires and tubes industry. A new research report by Persistence market Research highlights the overall scenario as well as the forecast for the global butyl rubber market.
The report further throws light on the key dynamics that are likely to impact the growth of the global butyl rubber market. According to the report titled “Butyl Rubber Market: Global Industry Analysis 2012-2016 and Forecast 2017-2025,” the global butyl rubber market is expected to reach a market valuation of over US$ 4,200 Mn by the end of 2025, growing at a CAGR of 4.7% during the forecast period.
The rise in demand for butyl rubber is due to its growing applications. The butyl rubber market is witnessing a rapid increase in demand from the pharmaceutical industry. Another driver of the market is an increase in the rate of tire replacements taking place in the automobile industry.
With the projected growth of the market, manufacturers are focusing on increasing production capacity of butyl rubber to cater to the ever increasing demand in various applications. Global market companies are also planning their overseas business development and sales in addition to the domestic market.
Report Overview @ https://www.persistencemarketresearch.com/market-research/butyl-rubber-market.asp
Global Butyl Rubber Market: Segmental Analysis
Based on application, the global butyl rubber market is expected to witness maximum demand from the tires and tubes segment, which is projected to reach a market value of over US$ 3,700 Mn by the end of 2025.
On the basis of rubber type, halo-butyl rubber is expected to lead the market with a market share of over US$ 3,500 Mn by the end of 2025, growing at a robust CAGR of 5.0% during the forecast period. Among the different types of halo butyl rubbers, bromo-butyl contributes the most in the growth of the halo butyl rubber market.
In terms of regions, APAC leads the global market with a high margin. The APAC butyl rubber market is expected to reach a valuation of over US$ 2,400 Mn by the end of 2025, with a growth rate of 5.3% during the forecast period.Request for Table of Contents @ https://www.persistencemarketresearch.com/market-research/butyl-rubber-market/toc
Global Butyl Rubber Market: Competitive Landscape
This comprehensive research report consists of a brief profile of all the major players in the industry. Some of these major players mentioned in the report are Lanxess AG, ExxonMobil Corporation, PJSC Nizhnekamskneftekhim, JSR Corporation, China Petroleum & Chemical Corp (Sinopec Corporation), PAO SIBUR Holding, Reliance Industries Limited, Formosa Synthetic Rubber Corporation, Zhejiang Cenway New Synthetic Material Co. Ltd., Panjin Heyun Industrial Group Co., Ltd. and Royal Adhesives & Sealants, LLC. The report depicts the current scenario of all these players along with their future strategies during the forecast period.
Get Sample Copy of this Report @ https://www.persistencemarketresearch.com/samples/21742
About Us
Persistence Market Research (PMR) is a third-platform research firm. Our research model is a unique collaboration of data analytics and market research methodology to help businesses achieve optimal performance.
To support companies in overcoming complex business challenges, we follow a multi-disciplinary approach. At PMR, we unite various data streams from multi-dimensional sources. By deploying real-time data collection, big data, and customer experience analytics, we deliver business intelligence for organizations of all sizes.
Contact Us
Persistence Market Research
305 Broadway
7th Floor, New York City,
NY 10007, United States,
Telephone - +1-646-568-7751
USA – Canada Toll Free: 800-961-0353
Email: sales@persistencemarketresearch.com
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 is Expected to Witness Significant Growth of US$ 4,200 Mn by 2025 here
News-ID: 980193 • Views: …
More Releases from Persistence Market Research
Frozen Foods Market Heats Up with Innovation and Growing Consumer Demand
Market Overview:
The frozen foods market consists of a wide range of products, including frozen fruits and vegetables, meat and seafood, ready-to-eat meals, and desserts. These products are preserved through freezing to maintain freshness and quality for an extended period.
Market Size and Growth:
The global market for frozen foods is forecasted to be of valuation US$ 281.0 Billion in the year 2022 which is expanding at a value CAGR of 5.1% and…
The Global Graphene Market's Striking Growth and Innovative Applications
Introduction
Graphene, a single layer of carbon atoms arranged in a hexagonal lattice, has gained global recognition for its extraordinary properties, such as exceptional electrical and thermal conductivity, mechanical strength, and flexibility. Since its isolation in 2004 by Andre Geim and Konstantin Novoselov, graphene has sparked considerable interest in both scientific and industrial communities. This report explores the current state of the graphene market and its potential growth opportunities.
Get Access To…
Business Opportunities in Cyber Security Mesh Market : Top Countries Data Analys …
Market Overview:
The projected global market size for cyber security mesh is expected to reach $8.8 billion by the year 2033, with an estimated valuation of $1.2 billion by 2023. This market is poised to experience a compound annual growth rate (CAGR) of 21.7% from 2023 to 2033.
The global Cyber Security Mesh market is poised for significant growth as organizations worldwide grapple with the escalating threat landscape. Cybersecurity has become an…
Synthetic Beta-Carotene Market To Boost Incredible Growth: 2033, Share Valuation …
Key market trends included a shift towards natural and plant-based ingredients, as consumers sought cleaner labels and healthier options. This drove the demand for naturally sourced beta-carotene, but synthetic beta-carotene still had its place due to its cost-effectiveness and consistency in production. The market was also influenced by regulatory changes and evolving dietary preferences, which affected the application and formulation of synthetic beta-carotene in various products.
To obtain the latest market…
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…
