Butyl Rubber Trends and Forecast
The future of the global butyl rubber market looks promising with opportunities in the automotive, healthcare and medical, pharmaceutical, construction, industrial, textile, and rubber markets. The global butyl rubber market is expected to grow with a CAGR of 3.8% from 2024 to 2030. The major drivers for this market are increasing demand from the automotive sector and rising awareness towards the benefits of butyl rubber across various end use industries.
A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.
Butyl Rubber by Segment
The study includes a forecast for the global butyl rubber by type, application, end use, and region.
Butyl Rubber Market by Type [Shipment Analysis by Value from 2018 to 2030]:
• Brominated Butyl Rubber
• Regular Butyl Rubber
• Chlorinated Butyl Rubber
Butyl Rubber Market by Application [Shipment Analysis by Value from 2018 to 2030]:
• Coatings
• Adhesives & Sealants
• Tubes & Tires
• Wires & Cables
• Gaskets
• Membranes
• Footwear
• Conveyer Belts
• Protective Clothing
• Others
Butyl Rubber Market by End Use [Shipment Analysis by Value from 2018 to 2030]:
• Automotive
• Healthcare & Medical
• Pharmaceutical
• Construction
• Industrial
• Textile Industry
• Rubber Industry
• Others
Butyl Rubber Market by Region [Shipment Analysis by Value from 2018 to 2030]:
• North America
• Europe
• Asia Pacific
• The Rest of the World
List of Butyl Rubber Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies butyl rubber companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the butyl rubber companies profiled in this report include-
• Arlanxeo
• JSR
• China Petrochemical
• Sibur
• Reliance Industries
• PJSC
• Zhejiang Cenway New Synthetic Materials
Butyl Rubber Market Insights
Lucintel forecasts that regular butyl rubber is expected to witness the highest growth over the forecast period due to growing use of regular and chlorinated butyl in tire manufacturing.
Within this market, automotive will remain the largest segment due to significantly growing automobile production.
APAC is expected to witness highest growth over the forecast period due to growing demand from various end use industries, such as automotive, construction, and aerospace sectors and presence of major players in the region.
Features of the Global Butyl Rubber Market
Market Size Estimates: Butyl rubber market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Butyl rubber market size by type, application, end use, and region in terms of value ($B).
Regional Analysis: Butyl rubber market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different types, applications, end uses, and regions for the butyl rubber market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the butyl rubber market.
Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q1. What is the growth forecast for butyl rubber market?
Answer: The global butyl rubber market is expected to grow with a CAGR of 3.8% from 2024 to 2030.
Q2. What are the major drivers influencing the growth of the butyl rubber market?
Answer: The major drivers for this market are increasing demand from the automotive sector and rising awareness towards the benefits of butyl rubber across various end use industries.
Q3. What are the major segments for butyl rubber market?
Answer: The future of the global butyl rubber market looks promising with opportunities in the automotive, healthcare and medical, pharmaceutical, construction, industrial, textile, and rubber markets.
Q4. Who are the key butyl rubber market companies?
Answer: Some of the key butyl rubber companies are as follows:
• Arlanxeo
• JSR
• China Petrochemical
• Sibur
• Reliance Industries
• PJSC
• Zhejiang Cenway New Synthetic Materials
Q5. Which butyl rubber market segment will be the largest in future?
Answer: Lucintel forecasts that regular butyl rubber is expected to witness the highest growth over the forecast period due to growing use of regular and chlorinated butyl in tire manufacturing.
Q6. In butyl rubber market, which region is expected to be the largest in next 5 years?
Answer: APAC is expected to witness highest growth over the forecast period due to growing demand from various end use industries, such as automotive, construction, and aerospace sectors and presence of major players in the region.
Q7. Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.
This report answers following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the butyl rubber market by type (brominated butyl rubber, regular butyl rubber, and chlorinated butyl rubber), application (coatings, adhesives & sealants, tubes & tires, wires & cables, gaskets, membranes, footwear, conveyer belts, protective clothing, and others), end use (automotive, healthcare & medical, pharmaceutical, construction, industrial, textile industry, rubber industry, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
For any questions related to Butyl Rubber Market, Butyl Rubber Market Size, Butyl Rubber Market Growth, Butyl Rubber Market Analysis, Butyl Rubber Market Report, Butyl Rubber Market Share, Butyl Rubber Market Trends, Butyl Rubber Market Forecast, Butyl Rubber Companies, write Lucintel analyst at email: helpdesk@lucintel.com. We will be glad to get back to you soon.