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Global Butyl Rubber Market Is Expected to Reach 4.7% CAGR in Terms of Revenue, Reach USD 5.8 Billion by 2023, from USD 4.39 Billion in 2017

New Global Butyl Rubber Market Report Covers market forecast and top Companies like ExxonMobil, Lanxess, PJSC NizhneKamskneftekhim, Sibur, JSR, Sinopec Beijing Yanshan and others.

 

Lewes, DE -- (SBWIRE) -- 07/10/2018 -- Global Butyl Rubber will register a 4.7% CAGR in terms of revenue, reach US$ 5800 million by 2023, from US$ 4390 million in 2017. Butyl rubber is the foundation of today's butyl rubber technology. Butyl rubber is a copolymer of isobutylene and a small amount of isoprene providing for a highly saturated backbone. The primary properties of butyl rubber are excellent air-barrier performance, good flex fatigue and vibration damping.

Butyl rubber can be compounded with fillers and other modifiers and then vulcanized into practical rubber products. Owing to its excellent air retention, butyl rubber is the preferred material for inner tubes in all but the largest sizes. It also plays an important part in the inner liners of tubeless tires. (Because of poor tread durability, all-butyl tires have not proved successful.) IIR is also used for many other automobile components, including window strips, because of its resistance to oxidation. Its resistance to heat has made it indispensable in tire manufacture, where it forms the bladders that retain the steam or hot water used to vulcanize tires.

The market for butyl rubber is highly concentrated with limited players. The largest producers of butyl rubber in the worldwide are ExxonMobil, Lanxess, PJSC NizhneKamskneftekhim, JSR, Sibur, Sinopec Beijing Yanshan, Zhejiang Cenway Synthetic New Material and PanjinHeyun Group. Production of butyl rubber is North America. Europe, Japan and China are also major producing area of butyl rubber. Since the production of butyl rubber requires high technical experience, the competition would be moderate in the future.

Over the next five years, Publisher projects that Butyl Rubber will register a 4.7% CAGR in terms of revenue, reach US$ 5800 million by 2023, from US$ 4390 million in 2017.

This report studies the global market, especially in North America, Europe, Asia-Pacific, South America, Middle East and Africa, focuses on the top 5 players in each region, with sales, price, revenue and market share from 2013 to 2018, the top players:
- ExxonMobil
- Lanxess
- PJSC NizhneKamskneftekhim
- Sibur
- JSR
- Sinopec Beijing Yanshan
- Formosa Synthetic Rubber (Ningbo)
- Zhejiang Cenway Synthetic New Material
- PanjinHeyun Group

Market Segment by Regions, this report splits Global into several key Regions, with sales, revenue, market share of top players in these regions, from 2013 to 2018 (forecast), like
- North America (United States, Canada and Mexico)
- Asia-Pacific (China, Japan, Southeast Asia, India and Korea)
- Europe (Germany, UK, France, Italy and Russia etc.)
- South America (Brazil, Chile, Peru and Argentina)
- Middle East and Africa (Egypt, South Africa, Saudi Arabia)

Split by Product Types, with sales, revenue, price, market share of each type, can be divided into
- Regular Butyl Rubber
- Chlorinated Butyl Rubber
- Brominated Butyl Rubber

Split by applications, this report focuses on sales, market share and growth rate in each application, can be divided into
- Tire
- Medical Materials
- Adhesives and Sealants
- Others

Spanning over 122 pages"Forecast of Global Butyl Rubber Market 2023" report covers Butyl Rubber Market Overview, Global Butyl Rubber Sales, Revenue (Value) and Market Share by Players, Global Butyl Rubber Sales, Revenue (Value) by Regions, Type and Application (2013-2018), North America Top 5 Players Butyl Rubber Sales, Revenue and Price, Europe Top 5 Players Butyl Rubber Sales, Revenue and Price, Asia-Pacific Top 5 Players Butyl Rubber Sales, Revenue and Price, South America Top 5 Players Butyl Rubber Sales, Revenue and Price, Middle East & Africa Top 5 Players Butyl Rubber Sales, Revenue and Price, Global Butyl Rubber Players Profiles/Analysis, Global Butyl Rubber Market Forecast (2018-2023), Butyl Rubber Manufacturing Cost Analysis, Industrial Chain, Sourcing Strategy and Downstream Buyers, Marketing Strategy Analysis, Distributors/Traders, Market Effect Factors Analysis, Research Findings and Conclusion, Appendix.

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