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Isobutylene Isoprene Rubber, which is abbreviated as IIR, is a synthetic rubber, a copolymer of isobutylene with isoprene. Isobutylene Isoprene Rubber can also be called Butyl Rubber. The primary properties of Isobutylene Isoprene rubber are excellent air-barrier performance, good flex fatigue and vibration damping. From inner tubes to curing bladders, butyl properties are valued across a range of rubber products.
Market Analysis and Insights: Global Isobutylene Isoprene Rubber (IIR) Market
Due to the COVID-19 pandemic, the global Isobutylene Isoprene Rubber (IIR) market size is estimated to be worth US$ 5731.3 million in 2022 and is forecast to a readjusted size of US$ 7636.7 million by 2028 with a CAGR of 4.9% during the forecast period 2022-2028. Fully considering the economic change by this health crisis, Regular IIR accounting for % of the Isobutylene Isoprene Rubber (IIR) global market in 2021, is projected to value US$ million by 2028, growing at a revised % CAGR from 2022 to 2028. While Tires segment is altered to an % CAGR throughout this forecast period.
Global Isobutylene Isoprene Rubber (IIR) key players include ExxonMobil, Lanxess, JSR, etc. Global top three manufacturers hold a share about 75%.
North America is the largest market, with a share over 30%, followed by China and Europe, both have a share over 40 percent.
In terms of product, Halogenated IIR is the largest segment, with a share about 65%. And in terms of application, the largest application is Tires, followed by Medical Stoppers, Protective Clothing, Sporting Equipment, etc.
Global Isobutylene Isoprene Rubber (IIR) Market: Drivers and Restrains
The research report has incorporated the analysis of different factors that augment the market’s growth. It constitutes trends, restraints, and drivers that transform the market in either a positive or negative manner. This section also provides the scope of different segments and applications that can potentially influence the market in the future. The detailed information is based on current trends and historic milestones. This section also provides an analysis of the volume of production about the global market and about each type from 2017 to 2028. This section mentions the volume of production by region from 2017 to 2028. Pricing analysis is included in the report according to each type from the year 2017 to 2028, manufacturer from 2017 to 2022, region from 2017 to 2022, and global price from 2017 to 2028.
A thorough evaluation of the restrains included in the report portrays the contrast to drivers and gives room for strategic planning. Factors that overshadow the market growth are pivotal as they can be understood to devise different bends for getting hold of the lucrative opportunities that are present in the ever-growing market. Additionally, insights into market expert’s opinions have been taken to understand the market better.
Global Isobutylene Isoprene Rubber (IIR) Market: Segment Analysis
The research report includes specific segments by region (country), by manufacturers, by Type and by Application. Each type provides information about the production during the forecast period of 2017 to 2028. by Application segment also provides consumption during the forecast period of 2017 to 2028. Understanding the segments helps in identifying the importance of different factors that aid the market growth.
Segment by Type
Regular IIR
Halogenated IIR
Segment by Application
Tires
Medical Stoppers
Protective Clothing
Sporting Equipment
Others
By Company
ExxonMobil
Lanxess
PJSC NizhneKamskneftekhim
Sibur
JSR
Sinopec Beijing Yanshan
Formosa Synthetic Rubber (Ningbo)
Zhejiang Cenway Synthetic New Material
Panjin Heyun Group
Shandong Chambroad Petrochemicals
Production by Region
North America
Europe
China
Japan
India
Mid East & Africa
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
China Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina
Market Analysis and Insights: Global Isobutylene Isoprene Rubber (IIR) Market
Due to the COVID-19 pandemic, the global Isobutylene Isoprene Rubber (IIR) market size is estimated to be worth US$ 5731.3 million in 2022 and is forecast to a readjusted size of US$ 7636.7 million by 2028 with a CAGR of 4.9% during the forecast period 2022-2028. Fully considering the economic change by this health crisis, Regular IIR accounting for % of the Isobutylene Isoprene Rubber (IIR) global market in 2021, is projected to value US$ million by 2028, growing at a revised % CAGR from 2022 to 2028. While Tires segment is altered to an % CAGR throughout this forecast period.
Global Isobutylene Isoprene Rubber (IIR) key players include ExxonMobil, Lanxess, JSR, etc. Global top three manufacturers hold a share about 75%.
North America is the largest market, with a share over 30%, followed by China and Europe, both have a share over 40 percent.
In terms of product, Halogenated IIR is the largest segment, with a share about 65%. And in terms of application, the largest application is Tires, followed by Medical Stoppers, Protective Clothing, Sporting Equipment, etc.
Global Isobutylene Isoprene Rubber (IIR) Market: Drivers and Restrains
The research report has incorporated the analysis of different factors that augment the market’s growth. It constitutes trends, restraints, and drivers that transform the market in either a positive or negative manner. This section also provides the scope of different segments and applications that can potentially influence the market in the future. The detailed information is based on current trends and historic milestones. This section also provides an analysis of the volume of production about the global market and about each type from 2017 to 2028. This section mentions the volume of production by region from 2017 to 2028. Pricing analysis is included in the report according to each type from the year 2017 to 2028, manufacturer from 2017 to 2022, region from 2017 to 2022, and global price from 2017 to 2028.
A thorough evaluation of the restrains included in the report portrays the contrast to drivers and gives room for strategic planning. Factors that overshadow the market growth are pivotal as they can be understood to devise different bends for getting hold of the lucrative opportunities that are present in the ever-growing market. Additionally, insights into market expert’s opinions have been taken to understand the market better.
Global Isobutylene Isoprene Rubber (IIR) Market: Segment Analysis
The research report includes specific segments by region (country), by manufacturers, by Type and by Application. Each type provides information about the production during the forecast period of 2017 to 2028. by Application segment also provides consumption during the forecast period of 2017 to 2028. Understanding the segments helps in identifying the importance of different factors that aid the market growth.
Segment by Type
Regular IIR
Halogenated IIR
Segment by Application
Tires
Medical Stoppers
Protective Clothing
Sporting Equipment
Others
By Company
ExxonMobil
Lanxess
PJSC NizhneKamskneftekhim
Sibur
JSR
Sinopec Beijing Yanshan
Formosa Synthetic Rubber (Ningbo)
Zhejiang Cenway Synthetic New Material
Panjin Heyun Group
Shandong Chambroad Petrochemicals
Production by Region
North America
Europe
China
Japan
India
Mid East & Africa
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
China Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina
Frequently Asked Questions
This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.
- By product type
- By End User/Applications
- By Technology
- By Region
The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.
