Global Butyl Rubber Market Dominated by APAC, Informs GlobalInfoResearch in Its New Report Recently Added at MarketPublishers.com10 Oct 2017 • by Natalie Aster
LONDON – Given a wide range of beneficial properties of butyl rubber, the demand for this product is set to show robust growth across several applications in the foreseeable future. Initially developed for adoption in tire production, currently butyl rubber is being widely used in manifold industries, including healthcare, consumer products, adhesives, to name a few.
Globally, the market for butyl rubber is poised to demonstrate colossal growth in the offing owing to booming demand for the product from a slew of applications including damp proofing and roof repairing, food industry, amid others.
Geographically, APAC is the leading regional market for butyl rubber, majorly due to unprecedentedly rising tire and tubes industry in the region. The APAC butyl rubber market is led by China and India, that boast the highest consumption of butyl rubber in the region. Malaysia, Hong Kong, Indonesia, Australia and Republic of Korea are also important butyl rubber consumers in APAC.
The world’s butyl rubber market is highly competitive, inhabited by a great number of large and medium chemical vendors. ExxonMobil Chemical, Yanhua Petrochemical Company, Reliance Industries, Nizhnekamskneftekhim JSC, Japan Butyl Company, Kiran Rubber Industries, Timco Rubber, Togliattikauchuk are amid the most prominent players in the global butyl rubber market.
New research report “Global (North America, Europe and Asia-Pacific, South America, Middle East and Africa) Butyl Rubber Market 2017 Forecast to 2022” prepared by GlobalInfoResearch provides a profound analysis of the global market for butyl rubber, with a special focus on such regions as North America, Europe, Asia-Pacific, South America, Middle East and Africa. The report also presents a detailed market segmentation analysis based on manufacturers, types, regions, countries and applications. Besides, the market dynamics is thoroughly examined here. The report highlights the market growth encouraging and restraining factors, explores the main sales channels and uncovers valuable details on the key distributors, traders and dealers. The publication discusses prevailing and emerging market development trends, outlines future growth prospects, points out the main opportunities and risks, provides statistics and details on the market currents and future size, shares and growth rates. The competitive environment in the marketplace is examined here, and the most prominent market participants are profiled. Additionally, future forecasts for the market development from 2017 till 2022 are also at hand in this insightful report.
For a full collection of research reports by GlobalInfoResearch visit this page.