Butyl Rubber Market Expecting To Witness Really High Demands

05 June 2021
Global Trade Data

Butyl rubber which is also called Isoprene Isobutylene Copolymer, in which isoprene is a main component, and is manufactured by the process of copolymerization of isobutylene. Butyl rubber market is observed this year to rise with the increasing demand. The rise in demand for rubber is due to the rising demand for the products associated with butyl rubber.

 

Forecast for the butyl rubber market has been made, considering the high rising demands globally. It is expected that the demand for butyl rubber will reach a market evaluation of over $4,200 million by the end of 2025. The market of butyl rubber is expected to be growing at a CAGR of 4.7% for the forecast period. Get more information on butyl rubber and get access to analysis reports for the industry by Export Genius, and start boosting your business revenue.

 

Butyl Rubber Importing Countries 2020

 

As we can look at the export data of butyl rubber, it gives us insight into the previous demand. Data is featuring top countries who imported the product in the whole duration of the year 2020. The top importing countries for butyl rubber in 2020 were China with an import value of $362.9 million, Singapore with an import value of $119.9 million, India with an import value of $115.9 million, Belgium with a value of $105.2 million, United States with a value of $102.2 million, and more, as per the list of top importing countries for butyl rubber. Look at the butyl rubber export data below. Get more of such in-depth trade insights and evaluative reports on China’s export for butyl rubber.

 

 

Country

Value USD Million

China

362.9

Singapore

119.9

India

115.9

Belgium

105.2

United States of America

102.2

Thailand

87.0

Germany

74.5

South Korea

69.9

Brazil

61.1

Turkey

38.8

 

Butyl Rubber Exporting Countries 2020

 

Butyl rubber export data here shows that top countries importing the product in 2020 were as follows: Belgium with a total export value of $298.9 million, followed by Singapore with a total export value of $264.3 million, Russia with a value of $245.6 million, United States with a value of $232.9 million, and Canada with a value of $116.8 million, along with more names of exporting countries with their trade figures. Look at the export data of butyl rubber below. Get more information on Belgium’s market of butyl rubber by accessing butyl rubber export data.

 

 

Country

Value USD Million

Belgium

298.9

Singapore

264.3

Russia

245.6

United States of America

232.9

Canada

116.8

Japan

53.1

Hungary

33.2

China

27.2

United Arab Emirates

11.4

Poland

8.2

 

Rising Demand of Butyl Rubber

 

Butyl rubber, consisting of isoprene, is made for several daily-life items such as roofing membranes, cables, electrical condenser caps, airbags, protective clothing, and more. Since, the pandemic has increased the demand for several of these products, the rising demand for butyl rubber and its similar variant component are likely to create a huge share value in international trade and the supply chains between countries in the coming future for businesses. Get access to largest number of importer and exporter companies information and their contact details for butyl rubber and other industries to grow your business from Export Genius today.

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