Butyl Rubber Market By Type , By Application By End-use Industry : Global Opportunity Analysis and Industry Forecast, 2024-2033

Description

Butyl Rubber Market

The butyl rubber market was valued at $4.0 billion in 2023 and is projected to reach $6.5 billion by 2033, growing at a CAGR of 5.1% from 2024 to 2033.

Butyl rubber, a copolymer of isoprene with isobutylene, is a man-made rubber. Isobutylene is the key component of butyl rubber with 98% of the proportion. The major characteristics of the rubber include its flexibility, resilience, and weather resistance. These characteristics are attributed to the remarkable impermeability toward water, gases, and even chemicals. The ingenious molecular structure of the rubber elicits it to be an excellent sealant for roofing membranes, tire inner tubes, and in the construction & automotive industries.

Rapid surge in urbanization has boosted construction activities across the globe, which propels the demand for butyl rubber in sealants and roofing membranes. In addition, the market growth is driven due to advancements in formulation and processing techniques of butyl rubber, expanding the scope of its applications. Recycling initiatives and green chemistry are the major trends gaining prominence in the butyl rubber market. Manufacturers are shifting toward renewable materials and sustainable practices for the development of butyl rubber. The rubber produced from such techniques remains recyclable, thereby reducing the waste generation and environmental impact.

However, volatility in the prices of raw materials used to synthesize butyl rubber leads to uncertainty in the growth of the market. In addition, the compound faces strong competition from alternative materials such as natural rubber, hence hampering the market development. Despite the restraints, the butyl rubber market is expected to witness several lucrative growth opportunities due to the high consumption of synthetics rubbers globally. According to Statistica, a data analytics platform, the consumption of natural rubber was 14.3 million metric tons, whereas 15.4 million metric tons of synthetic rubber was utilized globally. Therefore, the butyl rubber market is anticipated to gain a competitive advantage over natural rubber.

Segment Review

The butyl rubber market is segmented into type, application, end-use industry, and region. On the basis of type, the market is bifurcated into regular butyl rubber and halogenated butyl rubber. Depending on application, it is divided into tires & tubes, hoses & gaskets, adhesives & sealants, medical equipment, and others. As per end-use industry, it is classified into automotive, pharmaceutical, consumer, construction, and others. Region wise, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.

Key Findings

On the basis of type, the halogenated butyl rubber segment is anticipated to dominate the market throughout the forecast period.

Depending on application, the tires & tubes segment is expected to be the highest shareholder by 2033.

As per end-use industry, the automotive segment is predicted to acquire a high stake in the market during the forecast period.

Region wise, Asia-Pacific is projected to by the highest revenue generator by 2033.

Competition Analysis

The leading players operating in the global butyl rubber market include Exxon Mobil Corporation, Reliance Industries Limited, Ramsay Rubber Limited, Lanxess AG, Timco Rubber, Goodyear Rubber Company, JSR Corporation, China Petrochemical Corporation, SIBUR Holding PJSC, and Zhejiang Cenway Materials Co., Ltd. These major players have adopted various key development strategies such as business expansion, new product launches, and partnerships, to strengthen their foothold in the competitive market.

Additional benefits you will get with this purchase are:

Quarterly Update and* (only available with a corporate license, on listed price)
5 additional Company Profile of client Choice pre- or Post-purchase, as a free update.
Free Upcoming Version on the Purchase of Five and Enterprise User License.
16 analyst hours of support* (post-purchase, if you find additional data requirements upon review of the report, you may receive support amounting to 16 analyst hours to solve questions, and post-sale queries)
15% Free Customization* (in case the scope or segment of the report does not match your requirements, 15% is equivalent to 3 working days of free work, applicable once)
Free data Pack on the Five and Enterprise User License. (Excel version of the report)
Free Updated report if the report is 6-12 months old or older.
24-hour priority response*
Free Industry updates and white papers.

Possible Customization with this report (with additional cost and timeline, please talk to the sales executive to know more)

Manufacturing Capacity
Supply Chain Analysis & Vendor Margins
Upcoming/New Entrant by Regions
Technology Trend Analysis
Market share analysis of players by products/segments
Regulatory Guidelines
Strategic Recommendations
Additional company profiles with specific to client's interest
Additional country or region analysis- market size and forecast
Expanded list for Company Profiles
Import Export Analysis/Data
Key player details (including location, contact details, supplier/vendor network etc. in excel format)
Market share analysis of players at global/region/country level
SWOT Analysis
Volume Market Size and Forecast

Key Market Segments

By Type

Regular Butyl Rubber
Halogenated Butyl Rubber
- Chlorinated Butyl Rubber
- Brominated Butyl Rubber

By Application

Tires and Tubes
Hoses and Gaskets
Adhesives and Sealants
Medical Equipment
Others

By End-use Industry

Automotive
Pharmaceutical
Consumer
Construction
Others

By Region

North America
- U.S.
- Canada
- Mexico
Europe
- France
- Germany
- Italy
- Spain
- UK
- Rest of Europe
Asia-Pacific
- China
- Japan
- India
- South Korea
- Australia
- Rest of Asia-Pacific
LAMEA
- Brazil
- South Africa
- Saudi Arabia
- UAE
- Rest of LAMEA

Key Market Players:

Exxon Mobil Corporation
Reliance Industries Limited
Ramsay Rubber Limited
Lanxess AG
Timco Rubber
Goodyear Rubber Company
JSR Corporation
China Petrochemical Corporation
SIBUR Holding PJSC
Zhejiang Cenway Materials Co., Ltd.

Product Code: A07552

CHAPTER 1: INTRODUCTION

1.1. Report Description
1.2. Key Market Segments
1.3. Key Benefits
1.4. Research Methodology
- 1.4.1. Primary Research
- 1.4.2. Secondary Research
- 1.4.3. Analyst Tools and Models

CHAPTER 2: EXECUTIVE SUMMARY

2.1. CXO Perspective

CHAPTER 3: MARKET LANDSCAPE

3.1. Market Definition and Scope
3.2. Key Findings
- 3.2.1. Top Investment Pockets
- 3.2.2. Top Winning Strategies
3.3. Porter's Five Forces Analysis
- 3.3.1. Bargaining Power of Suppliers
- 3.3.2. Threat of New Entrants
- 3.3.3. Threat of Substitutes
- 3.3.4. Competitive Rivalry
- 3.3.5. Bargaining Power among Buyers
3.4. Market Dynamics
- 3.4.1. Drivers
- 3.4.2. Restraints
- 3.4.3. Opportunities

CHAPTER 4: BUTYL RUBBER MARKET, BY TYPE

4.1. Market Overview
- 4.1.1 Market Size and Forecast, By Type
4.2. Regular Butyl Rubber
- 4.2.1. Key Market Trends, Growth Factors and Opportunities
- 4.2.2. Market Size and Forecast, By Region
- 4.2.3. Market Share Analysis, By Country
4.3. Halogenated Butyl Rubber
- 4.3.1. Key Market Trends, Growth Factors and Opportunities
- 4.3.2. Market Size and Forecast, By Region
- 4.3.3. Market Share Analysis, By Country
- 4.3.5. Chlorinated Butyl Rubber
  - 4.3.5.1. Market Size and Forecast
- 4.3.6. Brominated Butyl Rubber
  - 4.3.6.1. Market Size and Forecast

CHAPTER 5: BUTYL RUBBER MARKET, BY APPLICATION

5.1. Market Overview
- 5.1.1 Market Size and Forecast, By Application
5.2. Tires And Tubes
- 5.2.1. Key Market Trends, Growth Factors and Opportunities
- 5.2.2. Market Size and Forecast, By Region
- 5.2.3. Market Share Analysis, By Country
5.3. Hoses And Gaskets
- 5.3.1. Key Market Trends, Growth Factors and Opportunities
- 5.3.2. Market Size and Forecast, By Region
- 5.3.3. Market Share Analysis, By Country
5.4. Adhesives And Sealants
- 5.4.1. Key Market Trends, Growth Factors and Opportunities
- 5.4.2. Market Size and Forecast, By Region
- 5.4.3. Market Share Analysis, By Country
5.5. Medical Equipment
- 5.5.1. Key Market Trends, Growth Factors and Opportunities
- 5.5.2. Market Size and Forecast, By Region
- 5.5.3. Market Share Analysis, By Country
5.6. Others
- 5.6.1. Key Market Trends, Growth Factors and Opportunities
- 5.6.2. Market Size and Forecast, By Region
- 5.6.3. Market Share Analysis, By Country

CHAPTER 6: BUTYL RUBBER MARKET, BY END-USE INDUSTRY

6.1. Market Overview
- 6.1.1 Market Size and Forecast, By End-use Industry
6.2. Automotive
- 6.2.1. Key Market Trends, Growth Factors and Opportunities
- 6.2.2. Market Size and Forecast, By Region
- 6.2.3. Market Share Analysis, By Country
6.3. Pharmaceutical
- 6.3.1. Key Market Trends, Growth Factors and Opportunities
- 6.3.2. Market Size and Forecast, By Region
- 6.3.3. Market Share Analysis, By Country
6.4. Consumer
- 6.4.1. Key Market Trends, Growth Factors and Opportunities
- 6.4.2. Market Size and Forecast, By Region
- 6.4.3. Market Share Analysis, By Country
6.5. Construction
- 6.5.1. Key Market Trends, Growth Factors and Opportunities
- 6.5.2. Market Size and Forecast, By Region
- 6.5.3. Market Share Analysis, By Country
6.6. Others
- 6.6.1. Key Market Trends, Growth Factors and Opportunities
- 6.6.2. Market Size and Forecast, By Region
- 6.6.3. Market Share Analysis, By Country

CHAPTER 7: BUTYL RUBBER MARKET, BY REGION

7.1. Market Overview
- 7.1.1 Market Size and Forecast, By Region
7.2. North America
- 7.2.1. Key Market Trends and Opportunities
- 7.2.2. Market Size and Forecast, By Type
- 7.2.3. Market Size and Forecast, By Application
- 7.2.4. Market Size and Forecast, By End-use Industry
- 7.2.5. Market Size and Forecast, By Country
- 7.2.6. U.S. Butyl Rubber Market
  - 7.2.6.1. Market Size and Forecast, By Type
  - 7.2.6.2. Market Size and Forecast, By Application
  - 7.2.6.3. Market Size and Forecast, By End-use Industry
- 7.2.7. Canada Butyl Rubber Market
  - 7.2.7.1. Market Size and Forecast, By Type
  - 7.2.7.2. Market Size and Forecast, By Application
  - 7.2.7.3. Market Size and Forecast, By End-use Industry
- 7.2.8. Mexico Butyl Rubber Market
  - 7.2.8.1. Market Size and Forecast, By Type
  - 7.2.8.2. Market Size and Forecast, By Application
  - 7.2.8.3. Market Size and Forecast, By End-use Industry
7.3. Europe
- 7.3.1. Key Market Trends and Opportunities
- 7.3.2. Market Size and Forecast, By Type
- 7.3.3. Market Size and Forecast, By Application
- 7.3.4. Market Size and Forecast, By End-use Industry
- 7.3.5. Market Size and Forecast, By Country
- 7.3.6. France Butyl Rubber Market
  - 7.3.6.1. Market Size and Forecast, By Type
  - 7.3.6.2. Market Size and Forecast, By Application
  - 7.3.6.3. Market Size and Forecast, By End-use Industry
- 7.3.7. Germany Butyl Rubber Market
  - 7.3.7.1. Market Size and Forecast, By Type
  - 7.3.7.2. Market Size and Forecast, By Application
  - 7.3.7.3. Market Size and Forecast, By End-use Industry
- 7.3.8. Italy Butyl Rubber Market
  - 7.3.8.1. Market Size and Forecast, By Type
  - 7.3.8.2. Market Size and Forecast, By Application
  - 7.3.8.3. Market Size and Forecast, By End-use Industry
- 7.3.9. Spain Butyl Rubber Market
  - 7.3.9.1. Market Size and Forecast, By Type
  - 7.3.9.2. Market Size and Forecast, By Application
  - 7.3.9.3. Market Size and Forecast, By End-use Industry
- 7.3.10. UK Butyl Rubber Market
  - 7.3.10.1. Market Size and Forecast, By Type
  - 7.3.10.2. Market Size and Forecast, By Application
  - 7.3.10.3. Market Size and Forecast, By End-use Industry
- 7.3.11. Rest of Europe Butyl Rubber Market
  - 7.3.11.1. Market Size and Forecast, By Type
  - 7.3.11.2. Market Size and Forecast, By Application
  - 7.3.11.3. Market Size and Forecast, By End-use Industry
7.4. Asia-Pacific
- 7.4.1. Key Market Trends and Opportunities
- 7.4.2. Market Size and Forecast, By Type
- 7.4.3. Market Size and Forecast, By Application
- 7.4.4. Market Size and Forecast, By End-use Industry
- 7.4.5. Market Size and Forecast, By Country
- 7.4.6. China Butyl Rubber Market
  - 7.4.6.1. Market Size and Forecast, By Type
  - 7.4.6.2. Market Size and Forecast, By Application
  - 7.4.6.3. Market Size and Forecast, By End-use Industry
- 7.4.7. Japan Butyl Rubber Market
  - 7.4.7.1. Market Size and Forecast, By Type
  - 7.4.7.2. Market Size and Forecast, By Application
  - 7.4.7.3. Market Size and Forecast, By End-use Industry
- 7.4.8. India Butyl Rubber Market
  - 7.4.8.1. Market Size and Forecast, By Type
  - 7.4.8.2. Market Size and Forecast, By Application
  - 7.4.8.3. Market Size and Forecast, By End-use Industry
- 7.4.9. South Korea Butyl Rubber Market
  - 7.4.9.1. Market Size and Forecast, By Type
  - 7.4.9.2. Market Size and Forecast, By Application
  - 7.4.9.3. Market Size and Forecast, By End-use Industry
- 7.4.10. Australia Butyl Rubber Market
  - 7.4.10.1. Market Size and Forecast, By Type
  - 7.4.10.2. Market Size and Forecast, By Application
  - 7.4.10.3. Market Size and Forecast, By End-use Industry
- 7.4.11. Rest of Asia-Pacific Butyl Rubber Market
  - 7.4.11.1. Market Size and Forecast, By Type
  - 7.4.11.2. Market Size and Forecast, By Application
  - 7.4.11.3. Market Size and Forecast, By End-use Industry
7.5. LAMEA
- 7.5.1. Key Market Trends and Opportunities
- 7.5.2. Market Size and Forecast, By Type
- 7.5.3. Market Size and Forecast, By Application
- 7.5.4. Market Size and Forecast, By End-use Industry
- 7.5.5. Market Size and Forecast, By Country
- 7.5.6. Brazil Butyl Rubber Market
  - 7.5.6.1. Market Size and Forecast, By Type
  - 7.5.6.2. Market Size and Forecast, By Application
  - 7.5.6.3. Market Size and Forecast, By End-use Industry
- 7.5.7. South Africa Butyl Rubber Market
  - 7.5.7.1. Market Size and Forecast, By Type
  - 7.5.7.2. Market Size and Forecast, By Application
  - 7.5.7.3. Market Size and Forecast, By End-use Industry
- 7.5.8. Saudi Arabia Butyl Rubber Market
  - 7.5.8.1. Market Size and Forecast, By Type
  - 7.5.8.2. Market Size and Forecast, By Application
  - 7.5.8.3. Market Size and Forecast, By End-use Industry
- 7.5.9. UAE Butyl Rubber Market
  - 7.5.9.1. Market Size and Forecast, By Type
  - 7.5.9.2. Market Size and Forecast, By Application
  - 7.5.9.3. Market Size and Forecast, By End-use Industry
- 7.5.10. Rest of LAMEA Butyl Rubber Market
  - 7.5.10.1. Market Size and Forecast, By Type
  - 7.5.10.2. Market Size and Forecast, By Application
  - 7.5.10.3. Market Size and Forecast, By End-use Industry

CHAPTER 8: COMPETITIVE LANDSCAPE

8.1. Introduction
8.2. Top Winning Strategies
8.3. Product Mapping of Top 10 Player
8.4. Competitive Dashboard
8.5. Competitive Heatmap
8.6. Top Player Positioning, 2023

CHAPTER 9: COMPANY PROFILES

9.1. Exxon Mobil Corporation
- 9.1.1. Company Overview
- 9.1.2. Key Executives
- 9.1.3. Company Snapshot
- 9.1.4. Operating Business Segments
- 9.1.5. Product Portfolio
- 9.1.6. Business Performance
- 9.1.7. Key Strategic Moves and Developments
9.2. Reliance Industries Limited
- 9.2.1. Company Overview
- 9.2.2. Key Executives
- 9.2.3. Company Snapshot
- 9.2.4. Operating Business Segments
- 9.2.5. Product Portfolio
- 9.2.6. Business Performance
- 9.2.7. Key Strategic Moves and Developments
9.3. Ramsay Rubber Limited
- 9.3.1. Company Overview
- 9.3.2. Key Executives
- 9.3.3. Company Snapshot
- 9.3.4. Operating Business Segments
- 9.3.5. Product Portfolio
- 9.3.6. Business Performance
- 9.3.7. Key Strategic Moves and Developments
9.4. Lanxess AG
- 9.4.1. Company Overview
- 9.4.2. Key Executives
- 9.4.3. Company Snapshot
- 9.4.4. Operating Business Segments
- 9.4.5. Product Portfolio
- 9.4.6. Business Performance
- 9.4.7. Key Strategic Moves and Developments
9.5. Timco Rubber
- 9.5.1. Company Overview
- 9.5.2. Key Executives
- 9.5.3. Company Snapshot
- 9.5.4. Operating Business Segments
- 9.5.5. Product Portfolio
- 9.5.6. Business Performance
- 9.5.7. Key Strategic Moves and Developments
9.6. Goodyear Rubber Company
- 9.6.1. Company Overview
- 9.6.2. Key Executives
- 9.6.3. Company Snapshot
- 9.6.4. Operating Business Segments
- 9.6.5. Product Portfolio
- 9.6.6. Business Performance
- 9.6.7. Key Strategic Moves and Developments
9.7. JSR Corporation
- 9.7.1. Company Overview
- 9.7.2. Key Executives
- 9.7.3. Company Snapshot
- 9.7.4. Operating Business Segments
- 9.7.5. Product Portfolio
- 9.7.6. Business Performance
- 9.7.7. Key Strategic Moves and Developments
9.8. China Petrochemical Corporation
- 9.8.1. Company Overview
- 9.8.2. Key Executives
- 9.8.3. Company Snapshot
- 9.8.4. Operating Business Segments
- 9.8.5. Product Portfolio
- 9.8.6. Business Performance
- 9.8.7. Key Strategic Moves and Developments
9.9. SIBUR Holding PJSC
- 9.9.1. Company Overview
- 9.9.2. Key Executives
- 9.9.3. Company Snapshot
- 9.9.4. Operating Business Segments
- 9.9.5. Product Portfolio
- 9.9.6. Business Performance
- 9.9.7. Key Strategic Moves and Developments
9.10. Zhejiang Cenway Materials Co., Ltd.
- 9.10.1. Company Overview
- 9.10.2. Key Executives
- 9.10.3. Company Snapshot
- 9.10.4. Operating Business Segments
- 9.10.5. Product Portfolio
- 9.10.6. Business Performance
- 9.10.7. Key Strategic Moves and Developments