Packaging Industry Trends Butyl Rubber Market Trends Report & Forecast, 2019 | Page 2
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Fluctuation in feedstock prices may hamper butyl rubber market in the coming years.
Isobutylene, one of the raw materials used in butyl rubber manufacturing, has been
witnessing very unstable prices since past few years. These petrochemical derivatives
experience periodic fluctuation in demand and thus their prices are greatly affected, which
ultimately affects IIR production and supply.
On the basis of type, the butyl rubber market is segmented into regular, chlorinated and
brominated butyl rubber. Chlorinated and brominated types fall under the halogenated butyl
rubber category. These halogenated butyl rubbers cure much faster than regular butyl rubber
and can be covulcanised with highly unsaturated elastomers. Chlorinated butyl rubber is likely
to expand with significant CAGR during the forecast timespan.
The product has various application and is mainly categorized into sealants for roof repair,
tire liners, medical equipment, mechanical goods and others. Other segment includes
consumer and industrial goods. The tire liners segment will be experiencing prominent
growth in the coming years owing to huge demand from automotive sector globally.
Mechanical goods are also an important segment in this market.
Asia Pacific, mainly due to China, will be leading global butyl rubber market, in terms of
production and demand over the forecast duration. China has an extensive base of
mechanical and consumer goods manufacturers. Moreover, due to cost competitive raw
materials and labor, China manufactures and supplies butyl rubber components and goods at
low prices to various nations across the globe
The butyl rubber industry is very competitive and multi-national giants have a wide
distribution network coupled with extensive product lines, which gives them a competitive
edge over others in this industry. ExxonMobil and Lanxess are two such important players of
this industry. Other companies operational in this industry include Sinopec Beijing Yanhua
Petrochemical Company Limited, Rishiroop Group, Kiran Rubber Industries Pvt. Ltd. and
Timco Rubber.
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Partial Chapter of the Table of Content:
Butyl Rubber Market, By Type, 2014-2025 (Tons) (USD Million)
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Regular butyl rubber
Chlorinated butyl rubber
Brominated butyl rubber
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