Global Butyl Rubber Market Size, Share, Growth Analysis Report - Forecast 2034

Butyl Rubber Market: Industry Perspective

The global butyl rubber market size was worth around USD 5.15 Billion in 2024 and is predicted to grow to around USD 7.77 Billion by 2034 with a compound annual growth rate (CAGR) of roughly 4.2% between 2025 and 2034. The report analyzes the global butyl rubber market's drivers, restraints/challenges, and the effect they have on the demands during the projection period. In addition, the report explores emerging opportunities in the butyl rubber industry.

Request Free Sample

Butyl Rubber Market: Overview

Butyl rubber is also referred to as isobutylene-isoprene rubber and is produced through cationic polymerization. Precisely, the product is a synthetic one and is a copolymer of isoprene & isobutylene. Moreover, butyl rubber is manufactured through polymerizing of nearly 98% of isobutylene and approximately 2% of isoprene. Additionally, the product demonstrates improved impermeability towards water & air and hence finds a slew of applications in airtight containers. Additionally, butyl rubber possesses features such as heat resistance and hence is preferred over traditional rubber.

Butyl Rubber Market: Growth Factors

An increase in the use of products in the automotive sector to drive global market trends 

The flourishing automotive sector along with a surge in the manufacture of tires will embellish the expansion of the butyl rubber market across the globe in the years ahead. Outstanding features such as chemical and weather resistance will embellish the global market trends. Immense use of products in consumer goods, construction, and healthcare sectors will steer the expansion of the market globally. Additionally, butyl rubber sorbent enabled in removal of PAH toxicity to a greater extent. In addition to this, the escalating use of the product for repairing roofs has prompted global market demand. The rise in the use of butyl rubber as a sealant will further enlarge the scope of the global market surge in the upcoming years. New product launches will contribute majorly towards the global market revenue in the coming years. For instance, in February 2021, Sibur, the largest liquefied petroleum exporter based in Russia, declared launching a production unit at halobutyl rubber unit in India. Such moves will steer the expansion of the market across the globe in the years ahead.    

Restraints:

The negative impact of the product on the global environment can restrict global industry expansion by 2030

Adverse impact on the environment due to the use of butyl rubber with the latter produced from petrochemicals can impede the product demand in the coming years. The negative impact of air pollution caused by isobutylene production can also hinder the growth of the global butyl rubber industry.  

Opportunities:

Beneficial product features have culminated in huge market growth across the globe in recent years

With non-allergic features, the market for butyl rubber is predicted to gain traction in the years ahead. Furthermore, high elasticity and resilience properties have increased its demand in the medical equipment sector, thereby generating a slew of opportunities for the global market.  

Challenges:

Strict government laws related to product utilization in various sectors can prove a huge challenge for the global industry

Strict laws restricting the production of products owing to their toxic nature are likely to restrict its sale in the forthcoming years. Lack of raw material supply leading to an increase in the costs of products can further downscale the growth of the industry globally.

Key Insights

• As per the analysis shared by our research analyst, the global butyl rubber market is estimated to grow annually at a CAGR of around 4.2% over the forecast period (2025-2034).
• Regarding revenue, the global butyl rubber market size was valued at around USD 5.15 Billion in 2024 and is projected to reach USD 7.77 Billion by 2034.
• The butyl rubber market is projected to grow at a significant rate due to growing demand in automotive tires, improved manufacturing technologies, and expanding applications in sealants and adhesives.
• Based on Product, the Regular Butyl segment is expected to lead the global market.
• On the basis of Application, the Tires & Lubes segment is growing at a high rate and will continue to dominate the global market.
• Based on region, Asia-Pacific is predicted to dominate the global market during the forecast period.

Butyl Rubber Market: Report Scope

Butyl Rubber Market: Segmentation

The global butyl rubber market is sectored into product, application, and region. All the segments have been analyzed based on present and future trends and the market is estimated from 2025 to 2034.                    

In product terms, the global butyl rubber market is segregated into chloro butyl, bromo butyl, and regular butyl segments. Furthermore, the bromo butyl segment, which acquired approximately 60% of the global market revenue in 2024, is expected to register the highest gains in the next couple of years. The growth of the segment during the projected timeframe can be ascribed to large-scale demand for products in the consumer goods and automotive sector owing to its superlative features such as chemical resistance and resistance to extreme temperatures.  

Based on the application, the global butyl rubber industry is sectored into pharmaceutical & healthcare, adhesives, industrial & medical gloves, sealants, tires & lubes, stoppers, consumer products, and others segments. Moreover, the tires & lubes segment, which accumulated the largest share of the global industry in 2024, is anticipated to dominate the segmental sphere in the upcoming years. The expansion of the segment in the forecasting years can be owing to the massive use of butyl rubber in the tires & lubes segment.

The Regional, this segment includes the current and forecast demand for North America, Europe, Asia Pacific, Latin America,and the Middle East and Africa.

Butyl Rubber Market: Regional Insights

The butyl rubber market demonstrates strong regional growth trends, with Asia-Pacific dominating due to high demand from the automotive, construction, and pharmaceutical sectors in countries like China and India. The region benefits from expanding tire manufacturing, infrastructure development, and increasing use in medical stoppers and seals. North America follows closely, supported by a well-established automotive industry and growing focus on sustainable, durable materials. Europe also holds a significant share, driven by strict environmental regulations and demand for high-performance rubber in automotive and industrial applications. Meanwhile, Latin America and the Middle East & Africa are emerging markets, showing potential due to growing industrialization and investment in infrastructure projects.

Butyl Rubber Market: Competitive Analysis

The report provides a company market share analysis to give a broader overview of the key market players. In addition, the report also covers key strategic developments of the market, including acquisitions & mergers, new product launches, agreements, partnerships, collaborations & joint ventures, research & development, and regional expansion of major participants involved in the butyl rubber market on a global and regional basis.

The global butyl rubber market is dominated by players like:

• Exxon Mobil Corporation
• LANXESS
• SIBUR Holding
• Reliance Industries Limited
• JSR Corporation
• Kiran Rubber Industries
• SABIC
• Veolia
• ARLANXEO
• The Goodyear Tire & Rubber Company

Butyl Rubber Market: Segmentation Analysis

The global butyl rubber market is segmented as follows;

By Product

• Regular Butyl
• Bromo Butyl
• Chloro Butyl

By Application

• Tires & Lubes
• Adhesives
• Sealants
• Stoppers
• Industrial & Medical Gloves
• Others

Butyl Rubber Market: Regional Segment Analysis

• North America
  • The U.S.
  • Canada
  • Mexico
• Europe
  • France
  • The UK
  • Spain
  • Germany
  • Italy
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • Australia
  • South Korea
  • Rest of Asia Pacific
• The Middle East & Africa
  • Saudi Arabia
  • UAE
  • Egypt
  • Kuwait
  • South Africa
  • Rest of the Middle East & Africa
• Latin America
  • Brazil
  • Argentina
  • Rest of Latin America