{"id":356021,"date":"2019-04-16T10:10:08","date_gmt":"2019-04-16T10:10:08","guid":{"rendered":"http:\/\/www.abnewswire.com\/pressreleases\/?p=356021"},"modified":"2019-04-16T10:10:08","modified_gmt":"2019-04-16T10:10:08","slug":"butyl-rubber-market-value-to-cross-521-billion-by-2025-grand-view-research-inc","status":"publish","type":"post","link":"https:\/\/www.abnewswire.com\/pressreleases\/butyl-rubber-market-value-to-cross-521-billion-by-2025-grand-view-research-inc_356021.html","title":{"rendered":"Butyl Rubber Market Value To Cross $5.21 Billion By 2025: Grand View Research, Inc."},"content":{"rendered":"<div style=\" width:250px; padding:8px 10px 10px 10px; float:right;\"><a href=\"https:\/\/www.abnewswire.com\/pressreleases\/wp-content\/uploads\/2019\/04\/1555327607.jpeg\" style=\"border:none !important;\" target=\"_blank\" rel=\"nofollow\" ><img decoding=\"async\" class=\"alignnone size-medium wp-image-29\" title=\"image\" src=\"https:\/\/www.abnewswire.com\/pressreleases\/wp-content\/uploads\/2019\/04\/1555327607.jpeg\" alt=\"\" width=\"200\" style=\"padding:0px 0px 10px 10px; border:0 solid !important;\" \/><\/a><\/p>\n<div class=\"quotes\" style=\" font-weight:bold; font-style:italic;\">\n<div>&#8220;Grand View Research, Inc. &#8211; Market Research And Consulting&#8221;<\/div>\n<\/div>\n<\/div>\n<div style=\"font-style:italic; padding:8px 0px;\">According to report published by Grand View Research, Butyl rubber market is growing worldwide on account of superior product properties in comparison to natural rubber.Chloro butyl product segment is expected to witness the fastest growth of 7.9% from 2017 to 2025 on account of increasing focus toward better healthcare services.<\/div>\n<p style=\"text-align: justify;\">According to a report,&nbsp;<strong>&#8220;Butyl Rubber Market Analysis By Product (Regular Butyl, Bromo Butyl, Chloro Butyl), By Application (Tires &amp; Lubes, Adhesives, Sealants, Stoppers, Industrial &amp; Medical Gloves), By Region, And Segment Forecasts, 2018 &#8211; 2025&#8221;,&nbsp;<\/strong>published by Grand View Research, Inc.,&nbsp;The global&nbsp;<strong><a href=\"https:\/\/www.grandviewresearch.com\/industry-analysis\/butyl-rubber-iir-market?utm_source=abnewswire.com&amp;utm_medium=referral&amp;utm_campaign=abn_butylrubberiir_16Apr_RD&amp;utm_content=Content\" target=\"_blank\">butyl rubber market<\/a><\/strong>&nbsp;is expected to reach USD 5.21 billion by 2025.&nbsp;Regular butyl rubber exhibits properties such as resistance toward sunlight, ozone, gas permeability, and various polar solvents like alcohols and esters. The general temperature range of regular butyl rubber is about -34 to 110 degrees centigrade, which is anticipated to widen the application scope of the product.&nbsp;Increasing use of butyl rubber for manufacturing bushes, which are used as a fixture between two moving parts is anticipated to drive product demand over the forecast period.<\/p>\n<p style=\"text-align: justify;\"><strong>Key Takeaways from the report:<\/strong><\/p>\n<ul style=\"text-align: justify;\">\n<li>\n<p>The Middle East &amp; Africa butyl rubber market was valued at USD 175.7 million in 2016 owing to the presence of numerous oil &amp; gas industries in the region coupled with growing automotive &amp; medical sectors in Africa, which in turn is anticipated to augment market growth<\/p>\n<\/li>\n<li>\n<p>Germany accounted for the largest revenue share of 45.2% in 2016. High-scale operations of companies such as Lanxess and Denso in the economy are expected to drive product demand over the forecast period.<\/p>\n<\/li>\n<\/ul>\n<ul style=\"text-align: justify;\">\n<li>\n<p>India being one of the major pharmaceutical manufacturers is expected to drive the demand for butyl rubber in the pharmaceutical closures application<\/p>\n<\/li>\n<li>\n<p>Petrochemical companies, such as Reliance and ExxonMobil, are expected to gain higher profits in comparison to other players as they have the opportunity to utilize the raw materials that are manufactured in-house<\/p>\n<\/li>\n<li>\n<p>In March 2017, Sinopec announced that it budgeted 63.0% increase in its spending on oil refineries and petrochemical plants to conform with a national policy to bolster competitiveness across the industry<\/p>\n<\/li>\n<\/ul>\n<p style=\"text-align: justify;\"><img loading=\"lazy\" decoding=\"async\" title=\"U.S. butyl rubber market revenue, by product, 2014 - 2025 (USD Million)\" src=\"https:\/\/www.grandviewresearch.com\/static\/img\/research\/us-butyl-rubber-market.png\" alt=\"U.S. butyl rubber market revenue, by product, 2014 - 2025 (USD Million)\" width=\"400\" height=\"197\" \/><\/p>\n<p style=\"text-align: justify;\"><strong>Browse More Reports in&nbsp;Petrochemicals Industry:<\/strong><\/p>\n<p style=\"text-align: justify;\"><strong><a href=\"https:\/\/www.grandviewresearch.com\/industry-analysis\/naphtha-market?utm_source=abnewswire.com&amp;utm_medium=referral&amp;utm_campaign=abn_butylrubberiir_16Apr_R1&amp;utm_content=Content\" target=\"_blank\">Naphtha Market:<\/a>&nbsp;<\/strong>Increasing global demand for transportation fuel is expected to drive growth. Demand is also being driven by its robust use for hydrocarbon cracking process in the petrochemical industry.<strong>&nbsp;<\/strong><\/p>\n<p style=\"text-align: justify;\"><strong><a href=\"https:\/\/www.grandviewresearch.com\/industry-analysis\/aerospace-lubricant-market?utm_source=abnewswire.com&amp;utm_medium=referral&amp;utm_campaign=abn_butylrubberiir_16Apr_R2&amp;utm_content=Content\" target=\"_blank\">Aerospace Lubricant Market<\/a>:&nbsp;<\/strong>Rising number of trade activities in Asia Pacific and Middle East region has resulted in need for expansion of aviation capacity further driving lubricant demand.&nbsp;<strong>&nbsp;<\/strong><\/p>\n<p style=\"text-align: justify;\">Key players are expanding distribution channels to meet the rising demand and increasing their market share. Companies are expected to expand their footprint across Asia Pacific owing to rapid industrialization, which in turn is likely to provide a positive scope for the product growth.<\/p>\n<p style=\"text-align: justify;\"><img loading=\"lazy\" decoding=\"async\" title=\"Butyl Rubber market revenue, by application, 2016 (%)\" src=\"https:\/\/www.grandviewresearch.com\/static\/img\/research\/butyl-rubber-market.png\" alt=\"Butyl Rubber market revenue, by application, 2016 (%)\" width=\"400\" height=\"197\" \/><\/p>\n<p style=\"text-align: justify;\"><strong>Grand View Research has segmented the global butyl rubber market on the basis of product, application, and region:<\/strong><\/p>\n<p style=\"text-align: justify;\"><span>Product<\/span><span>&nbsp;Outlook (Volume, Kilotons; Revenue, USD Million; 2014 &#8211; 2025)<\/span><\/p>\n<ul style=\"text-align: justify;\">\n<li>\n<p>Regular Butyl<\/p>\n<\/li>\n<li>\n<p>Bromo Butyl<\/p>\n<\/li>\n<li>\n<p>Chloro Butyl<\/p>\n<\/li>\n<\/ul>\n<p style=\"text-align: justify;\"><span>Application<\/span><span>&nbsp;Outlook (Volume, Kilotons; Revenue, USD Million; 2014 &#8211; 2025)<\/span><\/p>\n<ul style=\"text-align: justify;\">\n<li>\n<p>Tires &amp; Lubes<\/p>\n<\/li>\n<li>\n<p>Adhesives, Sealants, Stoppers<\/p>\n<\/li>\n<li>\n<p>Industrial &amp; Medical Gloves<\/p>\n<\/li>\n<li>\n<p>Others<\/p>\n<\/li>\n<\/ul>\n<p style=\"text-align: justify;\"><span>Regional Outlook (Volume, Kilotons; Revenue, USD Million; 2014 &#8211; 2025)<\/span><\/p>\n<ul style=\"text-align: justify;\">\n<li>\n<p>North America<\/p>\n<ul>\n<li>\n<p>U.S.<\/p>\n<\/li>\n<\/ul>\n<\/li>\n<li>\n<p>Europe<\/p>\n<ul>\n<li>\n<p>Germany<\/p>\n<\/li>\n<\/ul>\n<\/li>\n<li>\n<p>Asia Pacific<\/p>\n<ul>\n<li>\n<p>China<\/p>\n<\/li>\n<\/ul>\n<\/li>\n<li>\n<p>Central &amp; South America<\/p>\n<ul>\n<li>\n<p>Brazil<\/p>\n<\/li>\n<\/ul>\n<\/li>\n<li>\n<p>Middle East &amp; Africa<\/p>\n<\/li>\n<\/ul>\n<p style=\"text-align: justify;\"><strong>Explore the BI enabled intuitive market research database, Navigate with&nbsp;<a href=\"https:\/\/www.grandviewresearch.com\/compass?utm_source=abnewswire.com&amp;utm_medium=referral&amp;utm_campaign=abn_butylrubberiir_GrandCompass_16Apr&amp;utm_content=content\" target=\"_blank\">Grand View Compass<\/a>, by Grand View Research, Inc.<\/strong><\/p>\n<p style=\"text-align: justify;\"><strong>About Grand View Research<\/strong><\/p>\n<p style=\"text-align: justify;\">Grand View Research provides syndicated as well as customized research reports and consulting services on 46 industries across 25 major countries worldwide. This U.S.-based market research and consulting company is registered in California and headquartered in San Francisco. Comprising over 425 analysts and consultants, the company adds 1200+ market research reports to its extensive database each year. Supported by an interactive market intelligence platform, the team at Grand View Research guides Fortune 500 companies and prominent academic institutes in comprehending the global and regional business environment and carefully identifying future opportunities.<\/p>\n<p style=\"text-align: justify;\"><strong>For more information:&nbsp;<a href=\"https:\/\/www.grandviewresearch.com\" target=\"_blank\">www.grandviewresearch.com<\/a><\/strong><\/p>\n<p><span style='font-size:18px !important;'>Media Contact<\/span><br \/><strong>Company Name:<\/strong> <a href=\"https:\/\/www.abnewswire.com\/companyname\/grandviewresearch.com\/industry-analysis\/butyl-rubber-iir-market_9886.html\" rel=\"nofollow\">Grand View Research, Inc.<\/a><br \/><strong>Contact Person:<\/strong> Sherry James, Corporate Sales Specialist &#8211; U.S.A.<br \/><strong>Email:<\/strong> <a href=\"https:\/\/www.abnewswire.com\/email_contact_us.php?pr=butyl-rubber-market-value-to-cross-521-billion-by-2025-grand-view-research-inc\" rel=\"nofollow\">Send Email<\/a><br \/><strong>Phone:<\/strong> 1-415-349-0058, Toll Free: 1-888-202-9519<br \/><strong>Address:<\/strong>201, Spear Street, 1100  <br \/><strong>City:<\/strong> San Francisco<br \/><strong>State:<\/strong> California<br \/><strong>Country:<\/strong> Switzerland<br \/><strong>Website:<\/strong> <a href=\"http:\/\/www.grandviewresearch.com\/industry-analysis\/butyl-rubber-iir-market\" target=\"_blank\" rel=\"nofollow\">www.grandviewresearch.com\/industry-analysis\/butyl-rubber-iir-market<\/a><\/p>\n<p>&nbsp;<\/p>\n<p><img decoding=\"async\" src=\"https:\/\/www.abnewswire.com\/press_stat.php?pr=butyl-rubber-market-value-to-cross-521-billion-by-2025-grand-view-research-inc\" alt=\"\" width=\"1px\" height=\"1px\" \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#8220;Grand View Research, Inc. &#8211; Market Research And Consulting&#8221; According to report published by Grand View Research, Butyl rubber market is growing worldwide on account of superior product properties in comparison to natural rubber.Chloro butyl product segment is expected to &hellip; <a href=\"https:\/\/www.abnewswire.com\/pressreleases\/butyl-rubber-market-value-to-cross-521-billion-by-2025-grand-view-research-inc_356021.html\">Continue reading <span class=\"meta-nav\">&rarr;<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[401],"tags":[],"class_list":["post-356021","post","type-post","status-publish","format-standard","hentry","category-Business"],"_links":{"self":[{"href":"https:\/\/www.abnewswire.com\/pressreleases\/wp-json\/wp\/v2\/posts\/356021","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.abnewswire.com\/pressreleases\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.abnewswire.com\/pressreleases\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.abnewswire.com\/pressreleases\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.abnewswire.com\/pressreleases\/wp-json\/wp\/v2\/comments?post=356021"}],"version-history":[{"count":0,"href":"https:\/\/www.abnewswire.com\/pressreleases\/wp-json\/wp\/v2\/posts\/356021\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.abnewswire.com\/pressreleases\/wp-json\/wp\/v2\/media?parent=356021"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.abnewswire.com\/pressreleases\/wp-json\/wp\/v2\/categories?post=356021"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.abnewswire.com\/pressreleases\/wp-json\/wp\/v2\/tags?post=356021"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}