The global butyl rubber market size was USD 3.21 Billion in 2022 and is expected to register a rapid revenue CAGR of 5.1 % during the forecast period. Rising demand for butyl rubber for manufacturing automotive tires and tubes is a key factor driving market revenue growth.
Furthermore, the report is attuned with the latest market changes and economic landscape with regard to the currently unfolding COVID-19 pandemic. The crisis has affected the demand and supply pattern, as well as the trends of the industry. It has also brought an economic slowdown that has affected the business of the key manufacturers of the industry. The report estimates the impact of this crisis on the current scenario and future prospects and provides a post-COVID market scenario.
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Key companies operating in the Butyl Rubber market include:
LANXESS, Exxon Mobil Corporation, SIBUR Holding PJSC, JSR Corporation, China Petroleum & Chemical Corporation, Reliance Industries Limited, Zhejiang Cenway Materials Co., Ltd, Royal Adhesive Industries, Vip Rubber Co., Inc., Hallstar, THE RUBBER COMPANY, BRP Manufacturing, and Eswar Rubber Products Pvt. Ltd
Key market aspects studied in the report:
Market Scope: The report explains the scope of various commercial possibilities in the global Butyl Rubber market over the upcoming years. The estimated revenue build-up over the forecast years has been included in the report. The report analyzes the key market segments and sub-segments and provides deep insights into the market to assist readers with the formulation of lucrative strategies for business expansion.
Key Benefits of the Report:
- Comprehensive analysis of the competitive scenario and its changing dynamics
- Analytical data with detailed SWOT analysis and Porter’s Five Forces analysis
- In-depth 8-year analysis of the Global Butyl Rubber Market
- Critical understanding of the key market segments
- Comprehensive analysis of the drivers, restraints, trends, and opportunities
- Detailed regional analysis and extensive company profiling
- Extensive assessment of current and emerging trends of the market
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Butyl Rubber Market Segmentation:
-
Rubber Type Outlook (Revenue, USD Billion; 2019-2032)
- Regular Butyl
- Bromo Butyl
- Chloro Butyl
-
Application Outlook (Revenue, USD Billion; 2019-2032)
- Tires and Tube
- Pharmaceuticals
- Adhesives and Sealants
- Industrial and Medical Gloves
- Others
-
Regional Outlook (Revenue, USD Billion; 2019-2032)
- North America
- U.S.
- Canada
- Mexico
- Europe
- Germany
- France
- UK
- Italy
- Spain
- Benelux
- Rest of Europe
- Asia Pacific
- China
- India
- Japan
- South Korea
- Rest of APAC
- Latin America
- Brazil
- Rest of LATAM
- Middle East & Africa
- Saudi Arabia
- UAE
- South Africa
- Turkey
- Rest of Middle East & Africa
- North America
Butyl Rubber Market Segmentation by Regions:
- North America (U.S., Canada)
- Europe (U.K., Italy, Germany, France, Rest of EU)
- Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
- Latin America (Chile, Brazil, Argentina, Rest of Latin America)
- Middle East Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
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