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    Home > Research Reports > The Butyl Rubber Market To Be Revolutionized By IoT
    Research Reports

    The Butyl Rubber Market To Be Revolutionized By IoT

    The Butyl Rubber Market To Be Revolutionized By IoT

    Published by Persistence MarketResearch

    Posted on October 7, 2021

    Featured image for article about Research Reports

    Butyl rubber is a synthetic rubber manufactured by the copolymerization of isobutylene with isoprene. Butyl rubber is mostly used in the tires and tubes industry. A new research report by Persistence market Research highlights the overall scenario as well as the forecast for the global butyl rubber market. The report further throws light on the key dynamics that are likely to impact the growth of the global butyl rubber market. According to the report titled “Butyl Rubber Market: Global Industry Analysis 2012-2016 and Forecast 2017-2025,” the global butyl rubber market is expected to reach a market valuation of over US$ 4,200 Mn by the end of 2025, growing at a CAGR of 4.7% during the forecast period.

    The rise in demand for butyl rubber is due to its growing applications. The butyl rubber market is witnessing a rapid increase in demand from the pharmaceutical industry. Another driver of the market is an increase in the rate of tire replacements taking place in the automobile industry. With the projected growth of the market, manufacturers are focusing on increasing production capacity of butyl rubber to cater to the ever increasing demand in various applications. Global market companies are also planning their overseas business development and sales in addition to the domestic market.

    Get Sample Copy of this Report@ https://www.persistencemarketresearch.com/samples/21742

    Company Profiles:

    • Lanxess AG
    • ExxonMobil Corporation
    • PJSC Nizhnekamskneftekhim
    • JSR Corporation
    • China Petroleum & Chemical Corp (Sinopec Corporation)
    • PAO SIBUR Holding
    • Reliance Industries Limited
    • Formosa Synthetic Rubber Corporation
    • Zhejiang Cenway New Synthetic Material Co. Ltd.
    • Panjin Heyun Industrial Group Co., Ltd.
    • Royal Adhesives & Sealants, LLC
    • Others.

    Get A Customized Scope To Match Your Need Ask An Expert –  sales@persistencemarketresearch.com

    butyl rubber market

    Butyl Rubber Market

    Global Butyl Rubber Market: Segmental Analysis

    • Based on application, the global butyl rubber market is expected to witness maximum demand from the tires and tubes segment, which is projected to reach a market value of over US$ 3,700 Mn by the end of 2025.
    • On the basis of rubber type, halo-butyl rubber is expected to lead the market with a market share of over US$ 3,500 Mn by the end of 2025, growing at a robust CAGR of 5.0% during the forecast period. Among the different types of halo butyl rubbers, bromo-butyl contributes the most in the growth of the halo butyl rubber market.
    • In terms of regions, APAC leads the global market with a high margin. The APAC butyl rubber market is expected to reach a valuation of over US$ 2,400 Mn by the end of 2025, with a growth rate of 5.3% during the forecast period.

    Access Full Report@ https://www.persistencemarketresearch.com/checkout/21742

    Related Reports:

    Polyvinyl Chloride Market – Polyvinyl Chloride Market Segmented By Rigid, Flexible Product in Construction, Automotive, Packaging, Electrical and Electronics, Consumer Goods for Pipes and Fittings, Profiles and Tubes, Films and Sheets, Cables, Bottles

    Rosin Resin Market – Rosin Resin Market is segmented by source type Gum Resin, Wood Resin, Tall Oil Resin, also by product type that is Rosin Esters, Hydrogenated Rosin Resins, Dimerized Rosin Resins used in Road Marking, Rubbers, Coatings and Inks, Adhesives, Paper Sizing

    About Us: Persistence Market Research

    Contact Us:

    Persistence Market Research
    Address – 305 Broadway, 7th Floor, New York City,
    NY 10007 United States
    U.S. Ph. – +1-646-568-7751
    USA-Canada Toll-free – +1 800-961-0353
    Sales – sales@persistencemarketresearch.com
    Website – https://www.persistencemarketresearch.com

    The post The Butyl Rubber Market To Be Revolutionized By IoT appeared first on Lake Shore Gazette.

    Butyl rubber is a synthetic rubber manufactured by the copolymerization of isobutylene with isoprene. Butyl rubber is mostly used in the tires and tubes industry. A new research report by Persistence market Research highlights the overall scenario as well as the forecast for the global butyl rubber market. The report further throws light on the key dynamics that are likely to impact the growth of the global butyl rubber market. According to the report titled “Butyl Rubber Market: Global Industry Analysis 2012-2016 and Forecast 2017-2025,” the global butyl rubber market is expected to reach a market valuation of over US$ 4,200 Mn by the end of 2025, growing at a CAGR of 4.7% during the forecast period.

    The rise in demand for butyl rubber is due to its growing applications. The butyl rubber market is witnessing a rapid increase in demand from the pharmaceutical industry. Another driver of the market is an increase in the rate of tire replacements taking place in the automobile industry. With the projected growth of the market, manufacturers are focusing on increasing production capacity of butyl rubber to cater to the ever increasing demand in various applications. Global market companies are also planning their overseas business development and sales in addition to the domestic market.

    Get Sample Copy of this Report@ https://www.persistencemarketresearch.com/samples/21742

    Company Profiles:

    • Lanxess AG
    • ExxonMobil Corporation
    • PJSC Nizhnekamskneftekhim
    • JSR Corporation
    • China Petroleum & Chemical Corp (Sinopec Corporation)
    • PAO SIBUR Holding
    • Reliance Industries Limited
    • Formosa Synthetic Rubber Corporation
    • Zhejiang Cenway New Synthetic Material Co. Ltd.
    • Panjin Heyun Industrial Group Co., Ltd.
    • Royal Adhesives & Sealants, LLC
    • Others.

    Get A Customized Scope To Match Your Need Ask An Expert –  sales@persistencemarketresearch.com

    butyl rubber market

    Butyl Rubber Market

    Global Butyl Rubber Market: Segmental Analysis

    • Based on application, the global butyl rubber market is expected to witness maximum demand from the tires and tubes segment, which is projected to reach a market value of over US$ 3,700 Mn by the end of 2025.
    • On the basis of rubber type, halo-butyl rubber is expected to lead the market with a market share of over US$ 3,500 Mn by the end of 2025, growing at a robust CAGR of 5.0% during the forecast period. Among the different types of halo butyl rubbers, bromo-butyl contributes the most in the growth of the halo butyl rubber market.
    • In terms of regions, APAC leads the global market with a high margin. The APAC butyl rubber market is expected to reach a valuation of over US$ 2,400 Mn by the end of 2025, with a growth rate of 5.3% during the forecast period.

    Access Full Report@ https://www.persistencemarketresearch.com/checkout/21742

    Related Reports:

    Polyvinyl Chloride Market – Polyvinyl Chloride Market Segmented By Rigid, Flexible Product in Construction, Automotive, Packaging, Electrical and Electronics, Consumer Goods for Pipes and Fittings, Profiles and Tubes, Films and Sheets, Cables, Bottles

    Rosin Resin Market – Rosin Resin Market is segmented by source type Gum Resin, Wood Resin, Tall Oil Resin, also by product type that is Rosin Esters, Hydrogenated Rosin Resins, Dimerized Rosin Resins used in Road Marking, Rubbers, Coatings and Inks, Adhesives, Paper Sizing

    About Us: Persistence Market Research

    Contact Us:

    Persistence Market Research
    Address – 305 Broadway, 7th Floor, New York City,
    NY 10007 United States
    U.S. Ph. – +1-646-568-7751
    USA-Canada Toll-free – +1 800-961-0353
    Sales – sales@persistencemarketresearch.com
    Website – https://www.persistencemarketresearch.com

    The post The Butyl Rubber Market To Be Revolutionized By IoT appeared first on Lake Shore Gazette.

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