Increasing Use in the Tires Industry Creating a Huge Demand for Halo-Butyl Rubber Globally | TechSci Research Report
A new market research report titled "Global Halo-Butyl Rubber Market Research, By Type (Chloro-Butyl Rubber, Bromo-Butyl Rubber and Others), By Applications (Tire and Non-Tire), By Company and By Geography, Forecast & Opportunities, 2023", has been added to the wide online database overseen by TechSci Research. The study talks about the prime market growth factors alongside future projections that would affect the Global Halo-Butyl Rubber Market amid the forecast period between 2018 and 2023. The concerned study is broken-down in various market factors including top players, demand & production stats, challenges, and opportunities with the end goal to edify the readers about the real scenario in the Global Halo-Butyl Rubber Market.
Global Halo-Butyl Rubber Market is likely to witness growth at a high CAGR by 2023, owing to the increasing use of halo-butyl rubber in the inner-liners of tires as they provide higher heat stability and high damping properties. Moreover, Halo-butyl rubber enjoys a huge demand from the automotive industry as it provides good impermeability, curing rates, Wide latitude in cure and cocure and enables co-vulcanization with general purpose rubbers like natural rubbers and styrene-butadiene rubbers. Moreover, the growing use of halo-butyl rubbers in the pharmaceutical industry as stoppers, automotive vibration control, gaskets, explosives, sealants, adhesives, tubes, sporting equipment will drive the growth of the Global Halo-Butyl Rubber Market in the next five years. Further, properties imparted by the halogenation of Butyl rubber such as chemical and withering resistance, ozone protection, biocompatibility, has enabled widespread use across various end-use industries, which in turn is likely to propel the demand of Halo-Butyl Rubber market in the coming years.
Based on the applications, the tire segment leads the market and is projected to hold the largest market share by 2023, due to widespread use of Halo-Butyl Rubber in Tubeless tire liners, resistance to chemicals, weathering, and ozone which enables long-lasting tires. Asia-Pacific is expected to dominate the Halo-Butyl Rubber market during the forecast period, due to increasing demand for Halo-Butyl Rubber from end-use industries like automotive, pharmaceuticals, adhesives and others due to flourishing tire industry, high investments in R&D, growing population and rising per capita in emerging economies in the region like China and India.
Some of the leading players in the Global Halo-Butyl Rubber Market are ExxonMobil, BASF SE, Eastman Chemical Company, Aekyung Petrochemical, OXEA GmbH, LG Chemical, Nan Ya Plastics, UPC Group, Bluesail Chemical Group, Xiongye Chemical, Lingchuang Chemical, Jiangsu Lemon Chemical & Technology etc.
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Table of Content:
1. Product Overview
2. Research Methodology
3. Executive Summary
4. Voice of Customers
4.1. Product Pricing
4.2. Product Quality
4.3. Product After Sale Services
5. Global Halo-Butyl Rubber Market Landscape
6. Global Halo-Butyl Rubber Market Outlook
6.1. Market Size & Forecast
6.1.1. By Value & Volume
6.2. Market Share & Forecast
6.2.1. By Type (Chloro-Butyl Rubber, Bromo-Butyl Rubber and Others)
6.2.2. By Applications (Tire and Non-Tire)
6.2.3. By Company
6.2.4. By Region
6.3. Market Attractiveness Index
7. Asia-Pacific Halo-Butyl Rubber Market Outlook
7.1. Market Size & Forecast
7.1.1. By Value & Volume
7.2. Market Share & Forecast
7.2.1. By Type
7.2.2. By Applications
7.2.3. By Country
7.3. Market Attractiveness Index
7.4. Asia-Pacific: Country Analysis
7.4.1. China Halo-Butyl Rubber Market Outlook
7.4.1.1. Market Size & Forecast
7.4.1.1.1. By Value & Volume
7.4.1.2. Market Share & Forecast
7.4.1.2.1. By Type
7.4.1.2.2. By Applications
7.4.2. India Halo-Butyl Rubber Market Outlook
7.4.2.1. Market Size & Forecast
7.4.2.1.1. By Value & Volume
7.4.2.2. Market Share & Forecast
Continued………………
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