Market Overview:
The global brominated butyl rubber market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for tires and medical materials across the globe. In terms of type, the medical grade segment is expected to lead the global brominated butyl rubber market during the forecast period. This can be attributed to its properties such as high tensile strength, resistance against heat and chemicals, and low gas permeability. In terms of application, tires are expected to account for a major share of the global brominated butyl rubber market during the forecast period.
Product Definition:
Brominated butyl rubber is a synthetic rubber made from polymerization of butadiene and bromine. It has better heat resistance and oil resistance than other rubbers, so it is used for making hoses, belts, seals, and gaskets that need to withstand high temperatures or contact with oils.
Medical Grade:
Medical-grade is a new term in the rubber industry. It was introduced to distinguish products that are suitable for medical applications from those that are not. The demand for medical-grade butyl rubber has been growing rapidly on account of its increasing application in the healthcare sector, especially in orthopedic devices and surgical gloves. Rising geriatric population coupled with increased awareness regarding health & safety is expected to drive the global market over the forecast period.
Industrial Grade:
Industrial grade is a high performance, premium brominated rubber designed for industrial applications. It has the highest melting point and tensile strength of any brominated butyl compound. Industrial grade is used in various industries including automotive, construction, furniture & appliances and packaging where high performance is required at an economical price.
Application Insights:
Tires emerged as the dominant application segment and accounted for over 35% of the total demand in 2017. Rising automotive production across emerging markets including China, India, and Brazil is expected to have a positive impact on market growth over the forecast period.
Medical materials are anticipated to be one of the fastest-growing applications owing to increasing product utilization in medical applications such as tubing & hoses, gloves, masks & endotracheal tubes among others. The other major application includes brominated butyl rubber products used as an adhesive or sealant in various industries such as construction; it also finds use as a gasket material for oil seals and diaphragms.
The global Bromine content in BBBR is around 0.5%, which makes it suitable for numerous industrial purposes where bromine based compounds are required due to their high chemical stability.
Regional Analysis:
North America accounted for the largest share of over 40% in 2017. The market is driven by growing demand from tire manufacturers, especially in U.S., owing to low manufacturing cost and high performance as compared to other synthetic rubber alternatives. Europe was the second-largest consumer of this product with a share of over 30% in 2017 on account of rising applications from medical sector due to increasing geriatric population base thereby driving BBBR market growth across this region.
The major raw material required for its production includes tertiary amine which is obtained via amidation process using tertiary amine donor such as 4-tert.
Growth Factors:
- Increasing demand for Brominated Butyl Rubber in the automotive industry due to its excellent properties such as heat resistance, ozone resistance and weathering resistance.
- Rising demand from the construction industry for Brominated Butyl Rubber as a sealant and adhesive owing to its superior properties such as high strength, durability and flexibility.
- Growing use of Brominated Butyl Rubber in electrical insulation applications on account of its excellent dielectric strength and thermal stability.
- Increasing demand from the medical sector for Brominated Butyl Rubber products used in medical devices and implants on account of their biocompatibility characteristics
Scope Of The Report
Report Attributes
Report Details
Report Title
Brominated Butyl Rubber Market Research Report
By Type
Medical Grade, Industrial Grade, Other
By Application
Tires, Medical Materials, Other
By Companies
ExxonMobil, Lanxess, PJSC NizhneKamskneftekhim, JSR, Sibur, Sinopec Beijing Yanshan, Zhejiang Cenway Synthetic New Material, Panjin Heyun Group, Formosa Synthetic Rubber (Ningbo)
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
237
Number of Tables & Figures
166
Customization Available
Yes, the report can be customized as per your need.
Global Brominated Butyl Rubber Market Report Segments:
The global Brominated Butyl Rubber market is segmented on the basis of:
Types
Medical Grade, Industrial Grade, Other
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Tires, Medical Materials, Other
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- ExxonMobil
- Lanxess
- PJSC NizhneKamskneftekhim
- JSR
- Sibur
- Sinopec Beijing Yanshan
- Zhejiang Cenway Synthetic New Material
- Panjin Heyun Group
- Formosa Synthetic Rubber (Ningbo)
Highlights of The Brominated Butyl Rubber Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Medical Grade
- Industrial Grade
- Other
- By Application:
- Tires
- Medical Materials
- Other
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Brominated Butyl Rubber Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Brominated butyl rubber is a type of synthetic rubber that contains bromine atoms. Brominated butyl rubber is used in products that need to resist heat and oil, such as weatherstripping and gaskets.
Some of the major players in the brominated butyl rubber market are ExxonMobil, Lanxess, PJSC NizhneKamskneftekhim, JSR, Sibur, Sinopec Beijing Yanshan, Zhejiang Cenway Synthetic New Material, Panjin Heyun Group, Formosa Synthetic Rubber (Ningbo).
The brominated butyl rubber market is expected to register a CAGR of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Brominated Butyl Rubber Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Brominated Butyl Rubber Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Brominated Butyl Rubber Market - Supply Chain
4.5. Global Brominated Butyl Rubber Market Forecast
4.5.1. Brominated Butyl Rubber Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Brominated Butyl Rubber Market Size (000 Units) and Y-o-Y Growth
4.5.3. Brominated Butyl Rubber Market Absolute $ Opportunity
5. Global Brominated Butyl Rubber Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Brominated Butyl Rubber Market Size and Volume Forecast by Type
5.3.1. Medical Grade
5.3.2. Industrial Grade
5.3.3. Other
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Brominated Butyl Rubber Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Brominated Butyl Rubber Market Size and Volume Forecast by Application
6.3.1. Tires
6.3.2. Medical Materials
6.3.3. Other
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Brominated Butyl Rubber Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Brominated Butyl Rubber Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Brominated Butyl Rubber Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Brominated Butyl Rubber Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Brominated Butyl Rubber Demand Share Forecast, 2019-2026
9. North America Brominated Butyl Rubber Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Brominated Butyl Rubber Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Brominated Butyl Rubber Market Size and Volume Forecast by Application
9.4.1. Tires
9.4.2. Medical Materials
9.4.3. Other
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Brominated Butyl Rubber Market Size and Volume Forecast by Type
9.7.1. Medical Grade
9.7.2. Industrial Grade
9.7.3. Other
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Brominated Butyl Rubber Demand Share Forecast, 2019-2026
10. Latin America Brominated Butyl Rubber Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Brominated Butyl Rubber Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Brominated Butyl Rubber Market Size and Volume Forecast by Application
10.4.1. Tires
10.4.2. Medical Materials
10.4.3. Other
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Brominated Butyl Rubber Market Size and Volume Forecast by Type
10.7.1. Medical Grade
10.7.2. Industrial Grade
10.7.3. Other
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Brominated Butyl Rubber Demand Share Forecast, 2019-2026
11. Europe Brominated Butyl Rubber Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Brominated Butyl Rubber Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Brominated Butyl Rubber Market Size and Volume Forecast by Application
11.4.1. Tires
11.4.2. Medical Materials
11.4.3. Other
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Brominated Butyl Rubber Market Size and Volume Forecast by Type
11.7.1. Medical Grade
11.7.2. Industrial Grade
11.7.3. Other
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Brominated Butyl Rubber Demand Share, 2019-2026
12. Asia Pacific Brominated Butyl Rubber Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Brominated Butyl Rubber Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Brominated Butyl Rubber Market Size and Volume Forecast by Application
12.4.1. Tires
12.4.2. Medical Materials
12.4.3. Other
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Brominated Butyl Rubber Market Size and Volume Forecast by Type
12.7.1. Medical Grade
12.7.2. Industrial Grade
12.7.3. Other
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Brominated Butyl Rubber Demand Share, 2019-2026
13. Middle East & Africa Brominated Butyl Rubber Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Brominated Butyl Rubber Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Brominated Butyl Rubber Market Size and Volume Forecast by Application
13.4.1. Tires
13.4.2. Medical Materials
13.4.3. Other
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Brominated Butyl Rubber Market Size and Volume Forecast by Type
13.7.1. Medical Grade
13.7.2. Industrial Grade
13.7.3. Other
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Brominated Butyl Rubber Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Brominated Butyl Rubber Market: Market Share Analysis
14.2. Brominated Butyl Rubber Distributors and Customers
14.3. Brominated Butyl Rubber Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. ExxonMobil
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Lanxess
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. PJSC NizhneKamskneftekhim
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. JSR
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Sibur
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Sinopec Beijing Yanshan
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Zhejiang Cenway Synthetic New Material
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Panjin Heyun Group
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Formosa Synthetic Rubber (Ningbo)
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. COMPANY 10
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook