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Halogenated Butyl Rubber Market Size to Hit 5970 Million US$ by 2025 Growing at a CAGR of 6.2%

 

Los Angeles, CA -- (SBWIRE) -- 04/17/2019 -- Halogenated butyl rubber is white to light amber bales. It is got from butyl rubber halogenated with chlorine and bromine.

Both chlorinated (chlorobutyl) and brominated (bromobutyl) versions of halobutyl are commercially available. They are mainly used in the tire industry. In addition to tire applications, halogenated butyl rubber's good impermeability, weathering resistance, ozone resistance, vibration dampening, and stability make them good materials for pharmaceutical stoppers, construction sealants, hoses, and mechanical goods.

In this report, the volume of halogenated butyl rubber is calculated by chlorinated (chlorobutyl) and brominated (bromobutyl) rubber.

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Asian region is one of the major consuming regions of halogenated butyl rubber. And insiders predict that the region will become the key stimulator to the development of halogenated butyl rubber industry in the coming years. Asian consumption is about 323.4 K MT in 2015, accounting for about 39.71% consumption share. In the next few years, more and more capacity will release in Asian region. With the increase output of halogenated butyl rubber, price and gross margin are estimated to decline further.

The global Halogenated Butyl Rubber market was 3690 million US$ in 2018 and is expected to 5970 million US$ by the end of 2025, growing at a CAGR of 6.2% between 2019 and 2025.

This report studies the Halogenated Butyl Rubber market size (value and volume) by players, regions, product types and end industries, history data 2014-2018 and forecast data 2019-2025; This report also studies the global market competition landscape, market drivers and trends, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.

Geographically, this report is segmented into several key regions, with sales, revenue, market share and growth Rate of Halogenated Butyl Rubber in these regions, from 2014 to 2025, covering

North America (United States, Canada and Mexico)

Europe (Germany, UK, France, Italy, Russia and Turkey etc.)

Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)

South America (Brazil etc.)

Middle East and Africa (Egypt and GCC Countries)

The various contributors involved in the value chain of the product include manufacturers, suppliers, distributors, intermediaries, and customers. The key manufacturers in this market include

ExxonMobil

Lanxess

PJSC Nizhnekamskneftekhim

Japan Butyl

Sinopec Beijing Yanshan

Panjin Heyun Group

Zhejiang Cenway

By the product type, the market is primarily split into

Chlorinated butyl rubber

Brominated butyl rubber

By the end users/application, this report covers the following segments

Tires

Pharmaceutical Stoppers

Vibration-Absorptive Materials

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