Analysis of the Impact of COVID-19 on Butyl Rubber Market 2020-2024 | Increasing Demand For Synthetic Rubber to Augment Growth | Technavio

Technavio has been monitoring the butyl rubber market and it is poised to grow by $ 853.29 mn during 2020-2024, progressing at a CAGR of over 3% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.

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Although the COVID-19 pandemic continues to transform the growth of various industries, the immediate impact of the outbreak is varied. While a few industries will register a drop in demand, numerous others will continue to remain unscathed and show promising growth opportunities. Technavio’s in-depth research has all your needs covered as our research reports include all foreseeable market scenarios, including pre- & post-COVID-19 analysis. Download a Free Sample Report

The market is concentrated, and the degree of concentration will accelerate during the forecast period. ARLANXEO, China Petrochemical Corp., Exxon Mobil Corp., Goodyear Rubber Co., JSR Corp., Panjin Heyun Industrial Group Co. Ltd., PJSC Nizhnekamskneftekhim, PJSC SIBUR Holding, Reliance Sibur Elastomers Pvt. Ltd., and Zhejiang Cenway New Materials Co. Ltd. are some of the major market participants. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

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Increasing demand for synthetic rubber has been instrumental in driving the growth of the market.

Technavio's custom research reports offer detailed insights on the impact of COVID-19 at an industry level, a regional level, and subsequent supply chain operations. This customized report will also help clients keep up with new product launches in direct & indirect COVID-19 related markets, upcoming vaccines and pipeline analysis, and significant developments in vendor operations and government regulations. https://www.technavio.com/report/report/butyl-rubber-market-industry-analysis

Butyl Rubber Market 2020-2024: Segmentation

Butyl Rubber Market is segmented as below:

• Application
  • Tire
  • Medical Application
  • Adhesives And Sealants
  • Others
• Geographic Landscape
  • APAC
  • Europe
  • MEA
  • North America
  • South America

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Butyl Rubber Market 2020-2024: Scope

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. The butyl rubber market report covers the following areas:

• Butyl Rubber Market Size
• Butyl Rubber Market Trends
• Butyl Rubber Market Industry Analysis

This study identifies increasing demand from medical and healthcare sector as one of the prime reasons driving the butyl rubber market growth during the next few years.

Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Technavio’s in-depth research has direct and indirect COVID-19 impacted market research reports.

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Butyl Rubber Market 2020-2024: Key Highlights

• CAGR of the market during the forecast period 2020-2024
• Detailed information on factors that will assist butyl rubber market growth during the next five years
• Estimation of the butyl rubber market size and its contribution to the parent market
• Predictions on upcoming trends and changes in consumer behavior
• The growth of the butyl rubber market
• Analysis of the market’s competitive landscape and detailed information on vendors
• Comprehensive details of factors that will challenge the growth of butyl rubber market, vendors

Table of Contents:

PART 01: EXECUTIVE SUMMARY

PART 02: SCOPE OF THE REPORT

• 2.1 Preface
• 2.2 Preface
• 2.3 Currency conversion rates for US$

PART 03: MARKET LANDSCAPE

• Market ecosystem
• Market characteristics
• Value Chain Analysis
• Market segmentation analysis

PART 04: MARKET SIZING

• Market definition
• Market sizing 2019
• Market size and forecast 2019-2024

PART 05: FIVE FORCES ANALYSIS

• Bargaining power of buyers
• Bargaining power of suppliers
• Threat of new entrants
• Threat of substitutes
• Threat of rivalry
• Market condition

PART 06: MARKET SEGMENTATION BY APPLICATION

• Market segmentation by application
• Comparison by application
• Tire - Market size and forecast 2019-2024
• Medical application - Market size and forecast 2019-2024
• Adhesives and sealants - Market size and forecast 2019-2024
• Others - Market size and forecast 2019-2024
• Market opportunity by application

PART 07: CUSTOMER LANDSCAPE

PART 08: GEOGRAPHIC LANDSCAPE

• Geographic segmentation
• Geographic comparison
• APAC - Market size and forecast 2019-2024
• North America - Market size and forecast 2019-2024
• Europe - Market size and forecast 2019-2024
• South America - Market size and forecast 2019-2024
• MEA - Market size and forecast 2019-2024
• Key leading countries
• Market opportunity

PART 09: DECISION FRAMEWORK

PART 10: DRIVERS AND CHALLENGES

• Market drivers
• Market challenges

PART 11: MARKET TRENDS

• Increasing demand from medical and healthcare sector
• Growing demand from tire industry
• Rapid industrialization in emerging economies

PART 12: VENDOR LANDSCAPE

• Overview
• Landscape disruption
• Competitive scenario

PART 13: VENDOR ANALYSIS

• Vendors covered
• Vendor classification
• Market positioning of vendors
• ARLANXEO
• China Petrochemical Corp.
• Exxon Mobil Corp.
• Goodyear Rubber Co.
• JSR Corp.
• Panjin Heyun Industrial Group Co. Ltd.
• PJSC Nizhnekamskneftekhim
• PJSC SIBUR Holding
• Reliance Sibur Elastomers Pvt. Ltd.
• Zhejiang Cenway New Materials Co. Ltd.

PART 14: APPENDIX

• Research methodology
• List of abbreviations
• Definition of market positioning of vendors

PART 15: EXPLORE TECHNAVIO

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