Bromobutyl Rubber or BIIR is a copolymer of isobutylene and small amounts of brominated isoprene derived from halogenating butyl rubber with bromine, exhibiting qualities like excellent physical strength, great vibration dampening, a low permeability, and offering resistance to aging and weathering from environmental exposure. According to BlueQuark Research & Consulting, the global Bromobutyl Rubber market is expected to witness a significant growth rate during the forecasted period. Factors like the growing use of Bromobutyl rubber in the automotive sector for making engine mountings, window seals, tires, etc., are expected to drive the global market. Further, the use of Bromobutyl for the manufacturing of conveyor belts used in industries is projected to drive the market. Furthermore, the use of Bromobutyl in the medical industry to make medical stoppers and membranes is expected to drive the global market. However, factors like availability of substitutes, Environmental concerns, and fluctuating raw material prices are expected to hinder the global market growth.
Bromobutyl Rubber manufactures components like inner tubes of bicycles, trucks, and industrial and agricultural tires, hoses, seals, membranes, tank linings, special-purpose conveyor belts, engine mounts, protective clothing, medical stoppers, membranes, among others. BIIR is also used in end-use industries like automotive, industrial and medical.
The Automobile industry is the main consumer of Bromobutyl Rubber and is projected to drive the global Bromobutyl Rubber market. Increasing population and rapid urbanization are some of the reasons behind the increased sales of automobiles, especially in countries like India and China. Bromobutyl rubber is primarily used in the inner liners of tires of passenger vehicles to keep tire pressures constant over a long period, thus adding to the life of the tires, at the same time increasing fuel economy and efficiency and reducing carbon emissions. Further, the use of Bromobutyl in the making of automobile windscreen wipers is expected to drive the demand for BIIR in the automotive segment. Since Bromobutyl is used as a critical component of all vehicles, its use is similar in both conventional and electric vehicles, making it essential for the industry's future growth. Further, according to the International Organization of Motor Vehicle Manufacturers, 2021 saw nearly 21 million vehicles manufactured in the first three months, a 17% year-on-year increase. Thus, Bromobutyl is a critical component of the automotive segment, which is necessary for the industry's growth.
Some of the market's key players areExxonMobil Chemical,Lanxess AG,Reliance Industries Limited,Japan Butyl Company,The Goodyear Tire and Rubber Company, andSIBUR, among others.
Asia-Pacific region is expected to be the leader in Bromobutyl Rubber production, with most of the consumption in China and India. Bromobutyl Rubber has a vast scope of application in the automotive industry in making the inner lining used to contain and maintain air pressure in the tires. Apart from the tires, the use of Bromobutyl rubber in the windshield wipers makes its use critical in automobile production. China is the biggest country in terms of the number of automobiles manufactured, with thousands manufactured daily, not only catering to its domestic need but also the international market, with the China Association of Automobile Manufacturers reporting vehicle sales in China to hit nearly 27 million in 2021. Further, the use of Bromobutyl in the manufacture of conveyor belts used in the industry is expected to drive the demand for BIIR in the region, with many factories being set up recently. Since greater than half of the world’s population lives in the region, the medical industry is critical to the region, and the use of Bromobutyl rubber in the industry to make medical stoppers and membranes is expected to drive the regional market. Thus, factors like these have made Asia-Pacific an essential scope for the global Bromobutyl Rubber market.
In August 2020,Reliance Industries Limitedand SIBUR started a joint venture in India to produce synthetic rubber, Reliance Sibur Elastomers Private Limited, of which RIL holds 74.9% while SIBUR holds 25.1%, with an annual production of 120000 metric tons.
In July 2019,Shandong Chambroad Petrochemicals Co., Ltdgave a new contract to CONSER to produce Bromobutyl Rubber, producing nearly 50000 tones annually.
Global Bromobutyl Rubber Market report provides deep insight into the Industrial market's current and future state across various regions. The study comprehensively analyses the Bromobutyl Rubber market by segmenting based on the Type (Regular Butyl, Bromobutyl, Others), Application (Tires and Tubes, Windscreen Wipers, Medical Stoppers, Others), and Geography (Asia-Pacific, North America, Europe, South America, and Middle-East and Africa). The report examines the market drivers and restraints and the impact of Covid-19 on the market growth in detail. The study covers and includes emerging market trends, developments, opportunities, and challenges in the industry. This report also covers extensively researched competitive landscape sections with prominent companies and profiles, including their market shares and projects.