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Showing posts with the label Butyl Rubber Market 2018

Butyl Rubber Market: Evolving Technology, Trends and Industry Analysis – 2025

Butyl Rubber Market is growing worldwide on account of superior product properties in comparison to natural rubber. 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. 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. Chloro butyl product segment is expected to witness the fastest growth of 7.9% from 2017 to 2025 on account of increasing focus toward be