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Butyl Rubber

Butyl Rubber Price Trend and Forecast

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Butyl Rubber Price Trend and Forecast

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Market Overview

For the Quarter Ending September 2021

North America

In North America, Butyl Rubber prices continued the upward trajectory during Q3 of 2021 owing to the recovered demand from both the international and domestic markets. During the hurricane season, supply was affected as most of the refineries were shut as a part of emergency plan for almost around 2 weeks. Hence, prices of Butyl Rubber shot up followed by the constrained supply and firm demand from the downstream sectors in this timeframe. Furthermore, volatility in the value of crude oil also influenced its prices throughout the quarter.

Asia Pacific

During the third quarter of 2021, Butyl Rubber prices witnessed an upward trajectory in the Asian markets backed by the robust demand from the automotive sector following the economic recovery in the post pandemic period. Recovery in the automotive sector pushed up the demand for Butyl Rubber in India as well. In addition, soaring feedstock Isobutylene and Isoprene values kept its pricing trend high throughout the quarter. Thus, Butyl Rubber IIR Mm 45-46 Ex- Ludhiana prices rose to USD 2266.65 per MT in September showcasing a significant rise since July.

Europe

In the European market, Butyl Rubber witnessed an upward trend during the third quarter of 2021 mirroring the market trend of other regions. Soaring raw materials values as well as delayed imports as an impact of Ida hurricane led to a significant hike in the prices of Butyl Rubber in this timeframe. Moreover, exorbitant freight charges and constraint availability of shipping containers further influenced the cost of Butyl Rubber in Europe.

Butyl Rubber Market Analysis: Plant Capacity, Production, Operating Efficiency, Technology, Demand & Supply, Application, Distribution Channel, Regional Demand, 2015-2030

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Services

Market Analysis

Company-wise installed capacity, production volume and plant operating efficiency is captured directly from manufacturers. Import and Export volume is captured from government sources and demand for Butyl Rubber is calculated considering the production, import, export and inventory-levels on the country and regional level markets.

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Pricing Analysis

The product price is correlated with the price trend of crude oil, demand-supply gap, fluctuations in the feedstock and with the market movement of the downstream sectors.

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Company Profile

Basic details and information on financial performance of leading global players in the Butyl Rubber market is presented in a visually captivating manner. Expansion plans and the company’s strategy is also captured to understand the vision and mission of the company to help understand the areas where companies need to focus more.

News & Deals

Daily updates on industry-specific and product-specific news, exclusive primary-based news capturing plant shutdowns/outages/closures, capacity expansions, operating rates, insights on demand-supply situation, awarding of technology licenses, new product launch and deals specifying mergers and acquisitions, strategic investments and disinvestments, to help players capitalize on market opportunity.

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Methodology

ChemAnalyst gathers information through primary research surveys conducted with various Butyl Rubber manufacturers, spread across the domestic and international market, suppliers and dealers/distributors to gain insights into value-chains and demand-supply scenario to assess the market situation. Thorough study of company’s annual reports and secondary sources such as exhaustive search on credible paid databases, including our internal database is done to verify the information. All the collected information is analyzed, evaluated and presented in chronological order to depict a meaningful and clear picture of the concerned market.

Our dedicated team of industry experts comprehensively monitors and analyzes various aspects of the Global Butyl Rubber market. The team analyzes various industrial segments, strategic viewpoints and provides an analysis of the industry’s performance in the long run. This would enable our clients in efficiently plan their future investments, mitigate risk, understand the cost dynamics and strike out a balance amidst market volatility.

Critical examination of the impact of COVID-19 pandemic on the global supply chains and shift in demand patterns with change in buying behavior of consumers across the globe.

Several ongoing development projects across industries are tracked, followed by the details of major projects in the development stage, which can positively or negatively influence Global Butyl Rubber market.

Pricing is captured through exhaustive primary interviews with domestic and international manufacturers, traders and importers and customers on monthly and yearly basis.

Finally, region-specific markets for Butyl Rubber are analyzed and region-wise demand pattern is tracked.

About

Butyl Rubber is also known as Isobutylene -Isoprene (IIR) as it is synthetic elastomer, made by the copolymerization of 1,1-dimethylethylene (isobutylene) and 1-2% of 1-methyl-1-butenylene (isoprene). Butyl Rubber is produced by low temperature copolymerization of isobutylene and isoprene using Lewis catalysts in chlorocarbon solvents where the isoprene offers the essential unsaturation sites for vulcanization. Butyl Rubber has several properties such as shock absorption, vibration damping, lower moisture and gas permeability, excellent resistance to oxygen and ozone attack. Its flexibility and slow gas permeability making it an ideal material for inner tubes of tyre and other high-pressure tubes. The various applications of Butyl Rubber include gaskets, wire and cable insulations, diaphragms, O-rings, liners, weather stripping, caulks, adhesives, hot melts, and sealants.

Product Specific Details

CAS No:	308063-42-5
HS Code:	40023100
Grade:	Industrial
Contract Size:	50MT
Packaging Type:

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Countries Covered:

· China

· Japan

· India

· South Korea

· Singapore

· Germany

· France

· Belgium

· USA

· Brazil

· Saudi Arabia

· UAE

· South Africa

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Butyl Rubber Price Trend and Forecast