Global Butyl Rubber Market Size, Status, and Forecast 2029. In-depth research accumulated to offer Latest insights about acute features of the global Butyl Rubber market. This report provides a detailed overview of key factors in the Butyl Rubber Market and factors such as driver, restraint, past and current trends, regulatory scenarios and technology development. The impact of the COVID-19 outbreak on the industry was fully assessed. Fully risk assessment and industry recommendations were made for Butyl Rubber in a special period. This report also compares the markets of Pre COVID-19 and Post COVID-19. In addition, research considers the impact of COVID-19 on the regional economy.
Global Butyl Rubber Market was valued at USD 3.57 billion in 2021 and is expected to reach USD 5.30 billion by 2029, registering a CAGR of 5.05% during the forecast period of 2022-2029.
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Some of the major players operating in the Butyl Rubber market
Arlanxeo (Netherlands), JSR Corporation (Japan), China Petrochemical Corporation (China), Sibur International GmbH (Austria), Reliance Industries Limited (India), PJSC Nizhnekamskneftekhim (Russia), Exxon Mobile Corporation (U.S.), Huntsman International LLC. (U.S.), Zhejiang Cenway New Synthetic Materials Co., Ltd. (China), Timco Rubber (U.S.), SABIC (Saudi Arabia), LANXESS (German), LyondellBasell Industries Holdings B.V. (U.S.), INEOS AG (U.K.), Eni S.p.A. (Italy), Formosa Plastics Corporation (Taiwan) and TPC Group (U.S.), among others.
Global Butyl Rubber Market Scope
Type
- Regular Butyl
- Brominated Butyl
- Chlorinated Butyl
Application
- Adhesives
- Sealant for Rubber Roof Repair
- Tubeless Tire Liners
- Medicine Bottles
- Mechanical Goods
- Others
End-User
- Automotive Industry
- Pharmaceutical Industry
- Consumer Products
- Rubber Industries
- Construction Industries
- Others
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Butyl Rubber Market Country Level Analysis
Butyl Rubber market is analyzed and market size, volume information is provided by country, site location and foundation type as referenced above.
The countries covered in the market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
Asia-Pacific dominates the market in terms of market share and market revenue and will continue to flourish its dominance during the forecast period of 2022-2029. The market growth over this region is attributed to the rapid industrial development within the region. China leads the world in automobile production, which bodes well for the country's Butyl Rubber Industry. Furthermore, rising demand for passenger and commercial vehicles in countries such as India and China is boosting the region's butyl rubber market.
On the other hand, North America is estimated to show lucrative growth over the forecast period of 2022-2029, due to the high expansion of pharmaceutical industry within the region due to increased customer healthcare awareness, which boost the application of medical gloves. Moreover, the new U.S. reforms have accelerated the country's industrialization rate, which is expected to provide a favorable environment for business growth.
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Important Sections from the Table of Contents:
- Global Butyl Rubber Market Overview
- Economic Impact on Industry
- Market Competition by Manufacturers
- Production, Revenue (Value) by Region
- Supply (Production), Consumption, Export, Import by Regions
- Production, Revenue (Value), Price Trend by Type
- Market Analysis by Application
- Manufacturing Cost Analysis
- Industrial Chain, Sourcing Strategy and Downstream Buyers
- Marketing Strategy Analysis, Distributors/Traders
- Market Effect Factors Analysis
- Global Butyl Rubber Market Forecast
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