Showing posts with label Asia Butyl Rubber Industry Growth. Show all posts
Showing posts with label Asia Butyl Rubber Industry Growth. Show all posts

Wednesday, August 1, 2018

Versatile Nature to Propel Butyl Rubber Market in Asia: Ken Research

Butyl rubber is known as butyl which is a synthetic rubber, a copolymer of isobutylene with isoprene. Polymerization of 98% of isobutylene with about 2% of isoprene results in production of butyl rubber. Butyl rubber is a synthetic rubber, or elastomer that is impermeable to air and used in many applications which require airtight rubber. It is used in the manufacture of adhesives, agricultural chemicals, fiber optic compounds, ball bladders, caulks, sealants, cling film, electrical fluids, lubricants, paper, pulp, personal care products, pigment concentrates, for rubber and polymer modification, for protecting and sealing certain equipment for use in areas where chemical weapons are present, as gasoline, diesel fuel additive and chewing gum. Initially butyl rubber was used in tyres as inner tubes and the trend continues.

The major advantages of butyl rubber are Flexibility, air tight and gas impermeable, low glass transition temperature, good ozone resistance, displays high damping at ambient temperatures, good weathering resistance, heat resistance, chemical resistance, good vibration damper, biocompatible and age resistance. Butyl rubber is used as shock mounts, sealant for rubber roof repair, tubeless tire liners, inner tubes, stoppers for glass bottles, medicine bottles, and pharmaceuticals, adhesives, butyl O rings, pond liners, tank liners and as construction sealants, hoses, and mechanical goods.

According to the study “Asia Butyl Rubber Industry Situation and Prospects Research report”, butyl rubber market in Asia is anticipated to display a considerable growth due to its rising demand in several applications and exceptional characteristics such as excellent permeability to moisture and gases (ozone) and ageing stability which is preferred over conventional rubbers. Butyl rubber is used in tire applications but now it is increasingly being used in other sectors such as healthcare, consumer products, automotives and adhesives. Butyl rubber possesses enhanced damping property which is increasing the demand in the manufacture of plastics. It is also used for damp proofing and roof repairing, used as food grade butyl rubber in food applications which is expected to propel the demand for the product. Butyl rubber is used in the manufacture of plastic explosives that are used in the mining industry, it is added to diesel fuel to withstand fouling of fuel injectors, regulates hydrocarbon and particulate matter emissions.

Geographically, butyl rubber market in Asia is spread across China, India, Japan, Korea, Saudi Arabia and other regions. Asia is the largest manufacturer of butyl rubber due to evolution in tire and tubes industry at an unprecedented pace. China and India account for highest consumption of butyl rubber in Asia. The leading manufacturers of butyl rubber in Asia are Exxon Mobil, Lanxess, PJSC Nizhne Kamskneftekhim, JSR, Sibur, Sinopec Beijing, Yanshan Company, Zhejiang Cenway Synthetic New Material and Panjin Heyun Group.

Asia butyl rubber market will witness a drastic growth because of increasing consumption supported by the ongoing demand adhering to the government’s regulations. The major challenges that are faced in butyl rubber market are fluctuating raw material prices, regulations for volatile organic compound (VOC) emissions due to rubber manufacturing, and availability of substitutes. With numerous constraints and wide spread applications the butyl rubber market in Asia will witness a drastic growth over the next few years.

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