REPORT DESCRIPTION
A new research report by Transparency Market Research offers a comprehensive evaluation of the global butyl rubber market . The study , titled “ Butyl Rubber Market - Global Industry Analysis , Size , Share , Growth , Trends and Forecast 2016 - 2024 ”, is available for sale on the firm ’ s website .
Global Butyl Rubber Market : Overview
The global butyl rubber market is anticipated to display considerable growth in the near future due to its rising demand for several applications . Typically , butyl rubber contains 98 % polyisobutylene and 2 % isoprene that are randomly spread in the polymer chain . Due to the exceptional product characteristics of butyl rubber , which includes excellent permeability to moisture and gases and outstanding heat resistance and ageing stability , they are preferred over conventional rubbers .
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The market study assesses market indicators , growth trends , and product innovations that will impact the growth of the global butyl rubber market over the forecast period .
Global Butyl Rubber Market : Drivers and Restraints
Butyl rubber is expected to exhibit significant growth over the forecast period owing to its superior properties including exceptional resistance to chemical , ozone , and weather . Though initially developed for tire applications , butyl rubber is increasingly being used in other sectors such as healthcare , consumer products , and adhesives .
Butyl rubber is used in several end-user applications such as adhesive and automotive . The enhanced damping property of butyl rubber accounts for its huge demand in the tire industry . Furthermore , the increasing demand for butyl rubber in the manufacture of plastics is expected to propel this market in the coming years .