What Is The Global Butyl Rubber Market Valuation In 2025?
According to continuous research on the market, research institutions expect that by the end of 2025, the global butyl rubber market valuation will reach more than US$4.2 billion, and the compound annual growth rate during the forecast period will be 4.7%.
The increase in market value of butyl rubber was attributed to strong market demand, and the pharmaceutical industry and tire industry were its two major consumer industries.
The increase in the tire replacement rate has greatly promoted the desire of global manufacturers to increase the production capacity of butyl rubber, so that products can meet the growing market demand, and they are also actively developing overseas businesses.
In terms of rubber types, halogenated butyl rubber is expected to have a market share of more than 3.5 billion U.S. dollars by the end of 2025 and a compound average annual growth rate of 5.0% during the forecast period, of which bromobutyl contributes most to the growth of the halobutyl rubber market.
Regionally, the Asia-Pacific region leads the global market with high profit margins. It is estimated that by the end of 2025, the valuation of Asia-Pacific butyl rubber market will reach more than US$2.4 billion, and it will increase by 5.3% during the forecast period.