Butyl Rubber Market size is forecast to reach $5.2 billion by 2025 after growing at a CAGR of 5% during 2020-2025, according to Type– Segment Analysis.
Butyl rubber is an isobutylene copolymer with a small amount of isoprene. The special properties such as permeability to gas, excellent resistance to heat, chemicals & ozone and high low-temperature flexibility are making it prominent material into rubber, tubes and tires application. Tires made of butyl rubber have excellent inflation pressure retention, which makes them a preferred tire solution for various types of vehicles including passenger and commercial vehicles.
Regular Butyl Rubber segment held the largest share in the Butyl Rubber market in 2019. The increasing use of regular and chlorinated butyl in tire manufacturing is expected to provide a positive space for the growth of the market over the forecast period. The use of these products offer benefits such as consistent inflation pressure, durability, and heat stability. The increasing use of regular and chlorinated butyl in tire manufacturing is expected to provide a positive space for the growth of the market over the forecast period. The use of these items provide benefits such as constant temperature pressure, longevity, and heat control. Higher curing rate coupled with product vulcanization efficiency is anticipated to drive demand for the product. The product’s advantages in terms of adhesion, as opposed to generic butyl, are expected to fuel market growth over the forecast period.
