USD 3.8 billion
Butyl Rubber Market Size, Share, and Growth Analysis
Butyl Rubber Market By Type (Regular Butyl Rubber, Chlorobutyl Rubber), By Application (Tire Manufacturing, Medical & Pharmaceuticals), By Region - Industry Forecast 2025-2032
Report ID:
SQMIG15E2637 |
Region:
Global |
Published Date: January, 2025
Pages:
195
|Tables:
93
|Figures:
71
Format -
Butyl Rubber Market Insights
Global Butyl Rubber Market size was valued at USD 3.8 billion in 2023 and is poised to grow from USD 3.96 billion in 2024 to USD 5.5 billion by 2032, growing at a CAGR of 4.2% during the forecast period (2025-2032).
Tire manufacturing is a significant consumer of butyl rubber due to its traction and grip. As the number of vehicles produced globally increases, the need for butyl rubber in the production of tires is expected to grow even further. This growth is also enhanced by the rising demand for electric vehicles, which generally require special tires to handle a range of performance attributes. The pharmaceutical industry also extensively employs butyl rubber since it finds application in different products such as pre-filled syringes, injection vials, and stoppers and seals for infusion bottles. The growth of the industry is largely influenced by the ongoing requirement to protect pharmaceutical sterile products from external contamination as these are utilized, stored, and transported.
Due to its strength, pliability, and resistance to weather, butyl rubber is widely used for making waterproofing, adhesive, and sealant products. Global demand for butyl rubber is expected to grow due to rapidly urbanising and infrastructure developing pace, especially in emerging economies. The product range has also been expanded due to the continuous industry innovations and improvement in production techniques. Butyl rubber is the ideal material for making hoses, gaskets, and vibration controls in the automotive industry due to its heat ageing resistance, high damping, ozone resistance, and barrier qualities. Conveyor belt, condenser packaging, and tank liner formulations are also improved by it.
Market snapshot - 2025-2032
Global Market Size
Largest Segment
Chlorinated Butyl
Fastest Growth
Brominated Butyl
Growth Rate
4.2% CAGR
Global Butyl Rubber Market ($ Bn)
Country Share by North America (%)
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Butyl Rubber Market Segments Analysis
Global Butyl Rubber Market is segmented by Type, Application and region. Based on Type, the market is segmented into Regular Butyl Rubber, Chlorobutyl Rubber and Bromobutyl Rubber. Based on Application, the market is segmented into Tire Manufacturing, Medical & Pharmaceuticals, Adhesives & Sealants and Others. Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa.
Analysis by Product
As per categorization by product, the market is classified as regular butyl, brominated butyl, and chlorinated butyl. Among these, chlorinated butyl earned the largest share and continues to hold the dominant global butyl rubber market share. Chlorinated butyl rubber has established dominance in the global butyl rubber market as it has superior properties such as better retention of air, improved sealing characteristics, as well as heat oxidation, and aging resistance. This makes it perfectly suitable for tire inner liners, pharmaceutical closures, as well as adhesive application. Its increasing demand is followed by the industries adopting safety, durability, and sustainability, especially in the automotive and healthcare sectors, wherein performance and reliability are of importance, further securing its leading place in the market for butyl rubber.
Brominated butyl rubber is expected to be the fastest-growing product in the global butyl rubber market due to its exceptional performance in applications requiring high durability and superior barrier properties. It has excellent heat, oxidation, and chemical resistance, which means it is quite suitable for inner liners of tires, automotive parts, and pharmaceutical products. The demand for high-performance materials in the automotive, tire, and healthcare industries are due to safety concerns, environmental laws, and sustainable preference of the consumer being on the rise are fueling the expansion of brominated butyl rubber. This factor, along with its increasing application in manufacturing processes, makes it ideal for rapid growth in the market.
Analysis by Application
The tires & lubes is a dominant segment in the global butyl rubber market, driven by continuous innovation in tire manufacturing, where butyl rubber's air retention, durability, and resistance to aging and oxidation are highly valued. Butyl rubber finds application in most inner liners used for tires due to its great potential to offer a tight air seal while at the same time reducing the rolling resistance as well as improve the fuel efficiency. It is also used for lubricants in vehicles as it can ensure high sealing performance. Rising demand for fuel-efficient, environment-friendly tires and very stringent automotive industry standards for durability and safety have been the most important factors propelling the Tires & Lubes segment in the market.
The adhesives-sealants-stoppers are poised to be the fastest-growing segment in the global butyl rubber market due to its superior sealing and bonding properties. B Butyl rubber's resistance to moisture, weathering, and chemicals makes it an ideal material for manufacturing high-performance adhesives, sealants, and stoppers, which are used in industries such as automotive, construction, and pharmaceuticals. As demand for durable, eco-friendly, and efficient sealing solutions rises, particularly in automotive assembly and medical packaging, butyl rubber's versatility and reliability are driving its rapid adoption. This trend, along with advances in adhesive technology, is going to see tremendous growth in this application area for the foreseeable future.
Global Butyl Rubber Market By Product (%)
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Butyl Rubber Market Regional Insights
North America is leading the global butyl rubber market due to its advanced manufacturing capabilities, strong automotive industry, and high demand for high-performance materials. Butyl rubber is extensively used in the automotive sector, especially in the U.S., for tire manufacturing, fuel-efficient vehicle parts, and other applications that require excellent resistance to abrasion and the ability to retain air, among others. The material is gaining traction due to a growing focus on environmental and eco-friendly products. North America's well-developed infrastructure, coupled with ongoing innovations in automotive technology and a high demand for quality adhesives and sealants, further strengthens its dominance in the global butyl rubber market.
Asia Pacific is the fastest-growing region in the global butyl rubber market, driven by rapid industrialization, urbanization, and significant growth in automotive and tire manufacturing. With respect to geography, the regions in China, India, and Japan are the major contributors due to the high demands for high-performance tires, adhesives, and automotive components. Increased emphasis on infrastructural development, as well as increasing consumer needs for fuel efficiency and durability, propel the growth of butyl rubber adoption. Another factor that promotes Asia Pacific is the presence of a strong manufacturing base and the low price associated with the butyl rubber market.
Global Butyl Rubber Market By Geography
- Largest
- Fastest
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Butyl Rubber Market Dynamics
Drivers
Rising Automotive Production
- The butyl rubber market is also fueled by the requirement of fuel-efficient, durable, and environmentally friendly vehicles, particularly in the manufacturing of tires. Excellent air retention, heat resistance, and durability make butyl rubber an essential material for tires, which creates a propelling factor for its use in the rapidly growing global automobile sector.
Demand for Sustainable Solutions
- The growing trend of environmental sustainability on a global scale is further driving the growth of the global butyl rubber market. Its popularity stems from its contribution to reducing emissions and improving energy efficiency in automotive applications, making it a preferred choice for industries seeking eco-friendly solutions, particularly in automotive and construction sectors.
Restraints
Limited Availability of Native 4K Content
- Strict environmental regulations and sustainability concerns are hindering the growth of the butyl rubber market. Butyl rubber production processes and disposal have been known to pollute the environment, thereby coming under heavy regulation. This inhibits expansion within the industry, particularly in areas where awareness and regulatory standards regarding the environment are on the rise.
Competition from Alternative Materials
- Alternative materials, such as synthetic rubber and thermoplastic elastomers, are also gaining prominence, thus limiting the growth of the butyl rubber market. Such alternatives have similar properties but can be more cost-effective or provide better environmental benefits, and this can deter manufacturers from opting for butyl rubber, thereby reducing its demand.
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Butyl Rubber Market Competitive Landscape
The global butyl rubber market is highly competitive as major players are mainly focusing on the production capacity expansion along with improving quality. Innovating through strategic partnerships and sustainability mostly cements the progression of leading companies in such markets. Some key companies operating in this market include ExxonMobil, Royal Dutch Shell, Sinopec Limited, and Lanxess companies, those leading by share of market and technological advancement. They are concentrating highly on R&D to provide high-performance butyl rubber products to the automotive, healthcare, and industrial sectors for them to solidify their lead.
Top Players in Butyl Rubber Market
- ExxonMobil Chemical Company (USA)
- Lanxess AG (Germany)
- PJSC Nizhnekamskneftekhim (Russia)
- Reliance Sibur Elastomers Private Limited (India)
- Sibur (Russia)
- JSR Corporation (Japan)
- Kumho Petrochemical Co., Ltd. (South Korea)
- Sinopec Beijing Yanshan Company (China)
- Panjin Heyun Industrial Group Co., Ltd. (China)
- Zhejiang Cenway New Synthetic Materials Co., Ltd. (China)
- Yanhua Petrochemical Company (China)
- Formosa Synthetic Rubber Corporation (Taiwan)
- LG Chem (South Korea)
- Goodyear Chemical (USA)
- JSR BST Elastomer Co., Ltd. (Thailand)
- Arlanxeo (Netherlands)
- Kraton Corporation (USA)
- Sibur-PJSC (Russia)
- Synthos S.A. (Poland)
- Versalis S.p.A. (Italy)
Recent Developments
- In October 2024, ExxonMobil unveiled the new production line of butyl rubber in Singapore in a bid to fulfil increasing demand in high-performance automotive and tire applications. This will boost its production by 15 percent and help maintain the position as market leader for the company in butyl rubber.
- In July 2024, Lanxess announces an expansion of its butyl rubber production capacity in the United States. This step, in fact, increases production by 10%, in line with growing demand for the automotive and tire sectors. Investments will focus on fulfilling increased demands for sustainable high-performance rubber solutions, particularly electric vehicle tires.
- In March 2024, The Bridgestone corporation has now announced a fresh lot of environment-friendly butyl rubber for tyre manufacture. Such advanced material was intended to raise the fuel economy, thereby reduce the carbon content and follow the criteria that the firm pursues regarding green technologies and lesser environmental burden from the products they manufacture.
Butyl Rubber Key Market Trends
- Increasing Demand for Sustainable Automotive Solutions: Increasingly, the pressure for butyl rubber has been based on fuel efficiency and environmental sustainability, especially in tire manufacturing. Eco-friendly products have become a trend for automotive companies, and superior air retention with durability makes the global butyl rubber market trends crucial in producing high-performance energy-efficient tires.
- Expansion of Butyl Rubber Applications in Several Sectors: Butyl rubber exhibits an ever-greater trend with wider applications in healthcare and industries by using it in medication packaging for gaskets and bottle stoppers since it offers complete chemical resistance that is not capable of any further reaction. All these factors are valuable for businesses employing safety, quality control, and assurance in critical surrounding environments.
Butyl Rubber Market SkyQuest Analysis
SkyQuest's ABIRAW (Advanced Business Intelligence, Research & Analysis Wing) is our Business Information Services team that Collects, Collates, Correlates, and Analyses the Data collected by means of Primary Exploratory Research backed by robust Secondary Desk research.
As per SkyQuest analysis, the global butyl rubber industry will experience growth into significant areas driven by expanding uses in the production of tires and pharmaceutical packaging besides industrial uses. The advancement is shaped by how the evolution has been contributed by product innovation especially chlorinated and brominated butyl rubber as well as growing interest in green alternatives.
North America is still at the top, although Asia-Pacific industrialization has been growing the fastest. While this market faces challenges including environmental concerns and competition from alternative materials, positive outlook has been reflected in the industry, with key players emphasizing innovation and expansion of their capacities to increase their output, to meet the need that is building through the various applications.
| Report Metric | Details |
|---|---|
| Market size value in 2023 | USD 3.8 billion |
| Market size value in 2032 | USD 5.5 billion |
| Growth Rate | 4.2% |
| Base year | 2024 |
| Forecast period | 2025-2032 |
| Forecast Unit (Value) | USD Billion |
| Segments covered |
|
| Regions covered | North America (US, Canada), Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe), Asia Pacific (China, India, Japan, Rest of Asia-Pacific), Latin America (Brazil, Rest of Latin America), Middle East & Africa (South Africa, GCC Countries, Rest of MEA) |
| Companies covered |
|
| Customization scope | Free report customization with purchase. Customization includes:-
|
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Table Of Content
Executive Summary
Market overview
- Exhibit: Executive Summary – Chart on Market Overview
- Exhibit: Executive Summary – Data Table on Market Overview
- Exhibit: Executive Summary – Chart on Butyl Rubber Market Characteristics
- Exhibit: Executive Summary – Chart on Market by Geography
- Exhibit: Executive Summary – Chart on Market Segmentation
- Exhibit: Executive Summary – Chart on Incremental Growth
- Exhibit: Executive Summary – Data Table on Incremental Growth
- Exhibit: Executive Summary – Chart on Vendor Market Positioning
Parent Market Analysis
Market overview
Market size
- Market Dynamics
- Exhibit: Impact analysis of DROC, 2021
- Drivers
- Opportunities
- Restraints
- Challenges
- Exhibit: Impact analysis of DROC, 2021
- SWOT Analysis
KEY MARKET INSIGHTS
- Technology Analysis
- (Exhibit: Data Table: Name of technology and details)
- Pricing Analysis
- (Exhibit: Data Table: Name of technology and pricing details)
- Supply Chain Analysis
- (Exhibit: Detailed Supply Chain Presentation)
- Value Chain Analysis
- (Exhibit: Detailed Value Chain Presentation)
- Ecosystem Of the Market
- Exhibit: Parent Market Ecosystem Market Analysis
- Exhibit: Market Characteristics of Parent Market
- IP Analysis
- (Exhibit: Data Table: Name of product/technology, patents filed, inventor/company name, acquiring firm)
- Trade Analysis
- (Exhibit: Data Table: Import and Export data details)
- Startup Analysis
- (Exhibit: Data Table: Emerging startups details)
- Raw Material Analysis
- (Exhibit: Data Table: Mapping of key raw materials)
- Innovation Matrix
- (Exhibit: Positioning Matrix: Mapping of new and existing technologies)
- Pipeline product Analysis
- (Exhibit: Data Table: Name of companies and pipeline products, regional mapping)
- Macroeconomic Indicators
COVID IMPACT
- Introduction
- Impact On Economy—scenario Assessment
- Exhibit: Data on GDP - Year-over-year growth 2016-2022 (%)
- Revised Market Size
- Exhibit: Data Table on Butyl Rubber Market size and forecast 2021-2027 ($ million)
- Impact Of COVID On Key Segments
- Exhibit: Data Table on Segment Market size and forecast 2021-2027 ($ million)
- COVID Strategies By Company
- Exhibit: Analysis on key strategies adopted by companies
MARKET DYNAMICS & OUTLOOK
- Market Dynamics
- Exhibit: Impact analysis of DROC, 2021
- Drivers
- Opportunities
- Restraints
- Challenges
- Exhibit: Impact analysis of DROC, 2021
- Regulatory Landscape
- Exhibit: Data Table on regulation from different region
- SWOT Analysis
- Porters Analysis
- Competitive rivalry
- Exhibit: Competitive rivalry Impact of key factors, 2021
- Threat of substitute products
- Exhibit: Threat of Substitute Products Impact of key factors, 2021
- Bargaining power of buyers
- Exhibit: buyers bargaining power Impact of key factors, 2021
- Threat of new entrants
- Exhibit: Threat of new entrants Impact of key factors, 2021
- Bargaining power of suppliers
- Exhibit: Threat of suppliers bargaining power Impact of key factors, 2021
- Competitive rivalry
- Skyquest special insights on future disruptions
- Political Impact
- Economic impact
- Social Impact
- Technical Impact
- Environmental Impact
- Legal Impact
Market Size by Region
- Chart on Market share by geography 2021-2027 (%)
- Data Table on Market share by geography 2021-2027(%)
- North America
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- USA
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Canada
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Europe
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- Germany
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Spain
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- France
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- UK
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of Europe
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Asia Pacific
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- China
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- India
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Japan
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- South Korea
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of Asia Pacific
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Latin America
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- Brazil
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of South America
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Middle East & Africa (MEA)
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- GCC Countries
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- South Africa
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of MEA
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
KEY COMPANY PROFILES
- Competitive Landscape
- Total number of companies covered
- Exhibit: companies covered in the report, 2021
- Top companies market positioning
- Exhibit: company positioning matrix, 2021
- Top companies market Share
- Exhibit: Pie chart analysis on company market share, 2021(%)
- Total number of companies covered
Methodology
For the Butyl Rubber Market, our research methodology involved a mixture of primary and secondary data sources. Key steps involved in the research process are listed below:
1. Information Procurement: This stage involved the procurement of Market data or related information via primary and secondary sources. The various secondary sources used included various company websites, annual reports, trade databases, and paid databases such as Hoover's, Bloomberg Business, Factiva, and Avention. Our team did 45 primary interactions Globally which included several stakeholders such as manufacturers, customers, key opinion leaders, etc. Overall, information procurement was one of the most extensive stages in our research process.
2. Information Analysis: This step involved triangulation of data through bottom-up and top-down approaches to estimate and validate the total size and future estimate of the Butyl Rubber Market.
3. Report Formulation: The final step entailed the placement of data points in appropriate Market spaces in an attempt to deduce viable conclusions.
4. Validation & Publishing: Validation is the most important step in the process. Validation & re-validation via an intricately designed process helped us finalize data points to be used for final calculations. The final Market estimates and forecasts were then aligned and sent to our panel of industry experts for validation of data. Once the validation was done the report was sent to our Quality Assurance team to ensure adherence to style guides, consistency & design.
Analyst Support
Customization Options
With the given market data, our dedicated team of analysts can offer you the following customization options are available for the Butyl Rubber Market:
Product Analysis: Product matrix, which offers a detailed comparison of the product portfolio of companies.
Regional Analysis: Further analysis of the Butyl Rubber Market for additional countries.
Competitive Analysis: Detailed analysis and profiling of additional Market players & comparative analysis of competitive products.
Go to Market Strategy: Find the high-growth channels to invest your marketing efforts and increase your customer base.
Innovation Mapping: Identify racial solutions and innovation, connected to deep ecosystems of innovators, start-ups, academics, and strategic partners.
Category Intelligence: Customized intelligence that is relevant to their supply Markets will enable them to make smarter sourcing decisions and improve their category management.
Public Company Transcript Analysis: To improve the investment performance by generating new alpha and making better-informed decisions.
Social Media Listening: To analyze the conversations and trends happening not just around your brand, but around your industry as a whole, and use those insights to make better Marketing decisions.
Butyl Rubber Market Report Snapshots
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