Product Code: ETC083683 | Publication Date: Jul 2023 | Updated Date: Aug 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
The India butyl rubbers market import shipments experienced a notable decline with a CAGR of -13.9% from 2020 to 2024. The growth rate further decreased by -27.1% between 2023 and 2024, indicating a significant slowdown in market expansion. The trend suggests a challenging period with a clear downward momentum in import shipments during the specified years.
India Butyl rubber market is expected to witness a significant growth over the forecast period owing to its increasing applications in automotive & construction industries. The growing demand from automobile industry as a result of rapid industrialization and urbanization has been driving the butyl rubber market in India. Rising preference for green tires with better fuel efficiency, improved grip performance due to their higher adhesion properties are some of the factors which have increased their popularity among automakers. Moreover, growing demand from homecare products such as caulks and sealants mainly used for improving energy efficiency & waterproofing has also propelled the butyl rubber market in India.
In terms of drivers, rising disposable income levels, high economic development goals by government across various sectors are majorly driving the butyl rubber demand in India. Additionally, advancements in materials technology leading to improvements in product quality coupled with cost effectiveness is expected to boost growth opportunities over the forecast period. Furthermore, supportive government policies encouraging foreign investments along with continuous R&D activities focused on developing new grades of specialty rubbers including butyl will further propel market growth.
However, fluctuations raw material prices and volatile currencies may pose challenges for players operatingin this space during next few years.Moreover stringent environmental regulations related emissions could hamper production operations of companies engaging into manufacturing activities thereby determining future prospects for India Butyl Rubber Market over next five years
Major key players operating inn this space include Lanxess AG , Nizhnekamskneftekhim PJSC , KUMHO Petrochemical Co Ltd., Sinopec Group , Royal Dutch Shell Plc , ExxonMobil Corporation etc
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 India Butyl rubbers Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India Butyl rubbers Market Revenues & Volume, 2021 & 2031F |
3.3 India Butyl rubbers Market - Industry Life Cycle |
3.4 India Butyl rubbers Market - Porter's Five Forces |
3.5 India Butyl rubbers Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 India Butyl rubbers Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.7 India Butyl rubbers Market Revenues & Volume Share, By End-user Industry, 2021 & 2031F |
4 India Butyl rubbers Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for butyl rubber in automotive industry due to its excellent properties such as high impermeability to air, heat resistance, and damping characteristics. |
4.2.2 Growth in the pharmaceutical industry driving demand for butyl rubber stoppers for vials and bottles due to its inertness and durability. |
4.2.3 Rising investments in infrastructure projects in India leading to higher demand for butyl rubber in construction and infrastructure applications. |
4.3 Market Restraints |
4.3.1 Fluctuating prices of raw materials like isobutylene impacting the production cost of butyl rubber. |
4.3.2 Competition from alternative materials such as natural rubber and synthetic rubbers affecting the market share of butyl rubber. |
4.3.3 Stringent environmental regulations related to the manufacturing process of butyl rubber leading to compliance challenges for manufacturers. |
5 India Butyl rubbers Market Trends |
6 India Butyl rubbers Market, By Types |
6.1 India Butyl rubbers Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 India Butyl rubbers Market Revenues & Volume, By Product Type, 2021-2031F |
6.1.3 India Butyl rubbers Market Revenues & Volume, By Biobutanol, 2021-2031F |
6.1.4 India Butyl rubbers Market Revenues & Volume, By Chemical butanol, 2021-2031F |
6.2 India Butyl rubbers Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 India Butyl rubbers Market Revenues & Volume, By Intermediate, 2021-2031F |
6.2.3 India Butyl rubbers Market Revenues & Volume, By Humectant, 2021-2031F |
6.2.4 India Butyl rubbers Market Revenues & Volume, By Feedstock, 2021-2031F |
6.2.5 India Butyl rubbers Market Revenues & Volume, By Others, 2021-2031F |
6.3 India Butyl rubbers Market, By End-user Industry |
6.3.1 Overview and Analysis |
6.3.2 India Butyl rubbers Market Revenues & Volume, By Paints & coating, 2021-2031F |
6.3.3 India Butyl rubbers Market Revenues & Volume, By Textiles, 2021-2031F |
6.3.4 India Butyl rubbers Market Revenues & Volume, By Polymer, 2021-2031F |
6.3.5 India Butyl rubbers Market Revenues & Volume, By Pharmaceutical, 2021-2031F |
6.3.6 India Butyl rubbers Market Revenues & Volume, By Cosmetics, 2021-2031F |
6.3.7 India Butyl rubbers Market Revenues & Volume, By Agricultural, 2021-2031F |
6.3.8 India Butyl rubbers Market Revenues & Volume, By Others, 2021-2031F |
6.3.9 India Butyl rubbers Market Revenues & Volume, By Others, 2021-2031F |
7 India Butyl rubbers Market Import-Export Trade Statistics |
7.1 India Butyl rubbers Market Export to Major Countries |
7.2 India Butyl rubbers Market Imports from Major Countries |
8 India Butyl rubbers Market Key Performance Indicators |
8.1 Percentage increase in demand from the automotive industry for butyl rubber components. |
8.2 Number of new pharmaceutical companies adopting butyl rubber stoppers for packaging purposes. |
8.3 Growth in the number of infrastructure projects utilizing butyl rubber-based products. |
9 India Butyl rubbers Market - Opportunity Assessment |
9.1 India Butyl rubbers Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 India Butyl rubbers Market Opportunity Assessment, By Application, 2021 & 2031F |
9.3 India Butyl rubbers Market Opportunity Assessment, By End-user Industry, 2021 & 2031F |
10 India Butyl rubbers Market - Competitive Landscape |
10.1 India Butyl rubbers Market Revenue Share, By Companies, 2024 |
10.2 India Butyl rubbers Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |