The global butyl rubber business

According to experts the global market for butyl rubber will grow at an annual rate of three percent over the next 15 years, but the rate of growth will not be the same the world over. 

Thanks to the expanding markets in China and India, Asia is the world’s number one growth region. China’s butyl rubber market is forecast to grow at an annual rate of over six percent. India, although starting from a lower level, is predicted to achieve record long-term growth to the order of nine percent. By comparison, the market development in Europe, the Middle East and Africa is much more modest. Growth in these regions is only predicted to reach an annual rate of around two percent. The American continent is characterized by a decreasing demand in the US, which in turn will be compensated through a relocation and expansion of the capacities to Mexico and South America.