Butyl Rubber Market by Application and Geography - Forecast and Analysis 2020-2024

The global butyl rubber market has the potential to grow by USD 853.29 million during 2020-2024, and the market’s growth momentum will accelerate throughout the forecast period because of the steady increase in year-over-year growth.

This report provides a detailed analysis of the market by application (tire, medical application, adhesives and sealants, and others) and geography (APAC, Europe, MEA, North America, and South America). Also, the report analyzes the market’s competitive landscape and offers information on several market vendors, including ARLANXEO, China Petrochemical Corp., Exxon Mobil Corp., Goodyear Rubber Co., JSR Corp., Panjin Heyun Industrial Group Co. Ltd., PJSC Nizhnekamskneftekhim, PJSC SIBUR Holding, Reliance Sibur Elastomers Pvt. Ltd., and Zhejiang Cenway New Materials Co. Ltd.

Market Overview

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Market Competitive Analysis

The butyl rubber market is currently concentrated, and the degree of concentration will remain the same during the forecast period. The various developments in end-user industries are expected to create several growth opportunities for vendors in the butyl rubber market. ARLANXEO, China Petrochemical Corp., and Exxon Mobil Corp. are a few of the major market participants. Although the increasing demand for synthetic rubber will offer immense growth opportunities, the recovering natural rubber market will challenge the growth of the market participants. To increase their butyl rubber market share, companies should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

To help clients improve their market positions, this butyl rubber market forecast report provides a detailed analysis of the market leaders and offers information on the competencies and capacities of these companies. The report also covers details on the market’s competitive landscape and provides information on the products offered by various companies. Moreover, this butyl rubber market analysis report also includes information on the upcoming trends and challenges that will influence market growth. This will help companies create strategies to make the most of future growth opportunities.

This report provides information on the production, sustainability, and prospects of several leading butyl rubber manufacturers, including:

• ARLANXEO
• China Petrochemical Corp.
• Exxon Mobil Corp.
• Goodyear Rubber Co.
• JSR Corp.
• Panjin Heyun Industrial Group Co. Ltd.
• PJSC Nizhnekamskneftekhim
• PJSC SIBUR Holding
• Reliance Sibur Elastomers Pvt. Ltd.
• Zhejiang Cenway New Materials Co. Ltd.

Butyl Rubber Market: Segmentation by Region