Butyl Rubber Market Size Worth $5.21 Billion by 2025 | Cagr: 6.9%

Wednesday 29 November 2017, Amsterdam

Butyl Rubber Market Size Worth $5.21 Billion by 2025 | Cagr: 6.9%

 

The global butyl rubber market is expected to reach USD 5.21 billion by 2025, according to a new report by Grand View Research, Inc. Butyl rubber market is growing worldwide on account of superior product properties in comparison to natural rubber.

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.

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.

Butyl Rubber Market- 2014 - 2025

Butyl Rubber Market- 2014 - 2025

Publish date : October 2017
Report code : ASDR-430708
Pages : 84

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