Butyl Elastomers Market
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<strong>Butyl</strong> <strong>Elastomers</strong><br />
<strong>Market</strong><br />
Share, Global Trends,<br />
Analysis, Research, Report,<br />
Opportunities,<br />
Segmentation and Forecast,<br />
2016<br />
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Report Description<br />
<strong>Butyl</strong> elastomer, commonly known as butyl rubber, is basically a synthetic rubber<br />
produced by co-polymerization of isobutylene with isoprene. <strong>Butyl</strong> rubber possesses<br />
several superior physical and chemical characteristics which makes it extremely useful<br />
across various industries. <strong>Butyl</strong> rubber is highly impermeable to air, gases, and moisture,<br />
thus, becoming very useful for applications requiring an airtight atmosphere. <strong>Butyl</strong><br />
rubber is highly resistant to heat, aging, weathering, chemical attack, abrasion and<br />
tearing and also possess good shock absorption and electrical insulation characteristics.<br />
Due to such physiochemical properties, butyl rubber finds its utilization in the<br />
manufacturing of automotive tyres (inner liners), tubes & other ancillaries, sports goods,<br />
vibration mounts, electrical fluids, ball bladders, adhesives and sealants etc.<br />
<strong>Butyl</strong> <strong>Elastomers</strong> Industry: <strong>Market</strong> Dynamics<br />
Increasing utilization of butyl rubbers for end-use applications such as tyre & tubes,<br />
various mechanical automotive components e.g. vibration control products, hoses and<br />
gaskets, in manufacturing of adhesives and sealants and other construction products etc.<br />
is driving their demand in the market. Besides, adaption of butyl rubbers for newer<br />
applications, due to introduction of novel technical grades of butyl rubbers by<br />
manufacturers, is also driving their demand globally. Besides, factors such as high raw<br />
material costs, fierce competition and cyclic nature of major end-use industries such as<br />
automotive and construction etc. is expected to pose significant challenges in the overall<br />
butyl elastomers market between 2016 and 2026.
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<strong>Market</strong> players, in order to serve new areas of applications for butyl elastomers products,<br />
are highly focused in increasing their product offerings by altering physical and chemical<br />
properties of regular butyl rubber products. Over the last couple of decades, after the<br />
introduction of tubeless tyres in the market, butyl rubber products has witnessed a sharp<br />
increase in their demand. Besides, halogenated grade butyl rubber, unlike the normal<br />
butyl rubber grades, can be used in blend with natural rubber or synthetic rubbers such<br />
as nitrile rubber (NBR), styrene-butadiene rubber (SBR), polychloroprene rubber (CR),<br />
ethylene-propylene rubber (EPDM), or butadiene rubber (BR). Companies are increasing<br />
investing in research and development to produce more technical grades to serve newer<br />
applications for butyl rubbers.<br />
<strong>Butyl</strong> <strong>Elastomers</strong> <strong>Market</strong> Segmentation<br />
Global butyl elastomers market is segmented on the basis of type and application. On the<br />
basis of type, butyl elastomers market is segmented into regular butyl rubber and<br />
halogenated butyl rubber. The halogenated butyl rubber segment is further subsegmented<br />
into chloro butyl and bromo butyl rubbers. On the basis of application, butyl<br />
elastomers market is segmented into tyres and tubes, automotive mechanical<br />
component, adhesives & sealants, pharmaceutical & healthcare, consumer products and<br />
others (industrial etc.). The tyre and tubes segment is anticipated to hold the largest<br />
market share in the global butyl elastomers market by end of the forecast period (2016-
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<strong>Butyl</strong> <strong>Elastomers</strong> <strong>Market</strong>: Regional Outlook<br />
On the basis of region, global butyl elastomers market is segmented into seven key<br />
regions namely North America, Latin America, Western Europe, Eastern Europe, Asia-<br />
Pacific excluding Japan, Middle East and Africa and Japan. The report covers market<br />
demand for butyl elastomers in each region between years 2016-2026.<br />
<strong>Butyl</strong> <strong>Elastomers</strong> <strong>Market</strong>: Key Players<br />
The key players reported in this study of butyl elastomers market include Exxon Mobil<br />
Corporation, China Petroleum & Chemical Corporation, Lanxess AG, Reliance Industries<br />
Ltd., PJSC "Nizhnekamskneftekhim", SIBUR (PJSC SIBUR Holding), etc.
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