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.

Market Analysis and Insights: Global Halogenated Butyl Rubber Market

Due to the COVID-19 pandemic, the global Halogenated Butyl Rubber market size is estimated to be worth US$ 5063.5 million in 2022 and is forecast to a readjusted size of US$ 7264.3 million by 2028 with a CAGR of 6.2% during the forecast period 2022-2028. Fully considering the economic change by this health crisis, Chlorinated Butyl Rubber accounting for % of the Halogenated Butyl Rubber global market in 2021, is projected to value US$ million by 2028, growing at a revised % CAGR from 2022 to 2028. While Tires segment is altered to an % CAGR throughout this forecast period.

The top three manufacturers, ExxonMobil, Lanxess, PJSC Nizhnekamskneftekhim, hold about 85% output share. Asian region is one of the major consuming regions of halogenated butyl rubber, accounting for about 39% consumption share.

Global Halogenated Butyl Rubber Market: Drivers and Restrains

The research report has incorporated the analysis of different factors that augment the market’s growth. It constitutes trends, restraints, and drivers that transform the market in either a positive or negative manner. This section also provides the scope of different segments and applications that can potentially influence the market in the future. The detailed information is based on current trends and historic milestones. This section also provides an analysis of the volume of production about the global market and about each type from 2017 to 2028. This section mentions the volume of production by region from 2017 to 2028. Pricing analysis is included in the report according to each type from the year 2017 to 2028, manufacturer from 2017 to 2022, region from 2017 to 2022, and global price from 2017 to 2028.

A thorough evaluation of the restrains included in the report portrays the contrast to drivers and gives room for strategic planning. Factors that overshadow the market growth are pivotal as they can be understood to devise different bends for getting hold of the lucrative opportunities that are present in the ever-growing market. Additionally, insights into market expert’s opinions have been taken to understand the market better.

Global Halogenated Butyl Rubber Market: Segment Analysis

The research report includes specific segments by region (country), by manufacturers, by Type and by Application. Each type provides information about the production during the forecast period of 2017 to 2028. by Application segment also provides consumption during the forecast period of 2017 to 2028. Understanding the segments helps in identifying the importance of different factors that aid the market growth.


Segment by Type


Chlorinated Butyl Rubber

Brominated Butyl Rubber


Segment by Application


Tires

Pharmaceutical Stoppers

Vibration-Absorptive Materials

Others


By Company


ExxonMobil

Lanxess

PJSC Nizhnekamskneftekhim

Japan Butyl

Sinopec Beijing Yanshan

Panjin Heyun Group

Zhejiang Cenway


Production by Region



North America

Europe

Southeast Asia

Japan

China


Consumption by Region


North America

U.S.

Canada

Europe

Germany

France

U.K.

Italy

Russia

Asia-Pacific

China

Japan

South Korea

India

Australia

China Taiwan

Indonesia

Thailand

Malaysia

Philippines

Vietnam

Latin America

Mexico

Brazil

Argentina