Butyl Rubber Pricing Report 2024: Price Trend, Chart, Market Analysis, News, Demand, Historical and Forecast Data

Butyl Rubber Pricing Report 2024: Price Trend, Chart, Market Analysis, News, Demand, Historical and Forecast Data

Report Format: PDF+Excel | Report ID: SR112024A22433
Buy Now

Butyl Rubber Prices December 2023

Category Region Price
Butyl Rubber Elastomer USA 2045 USD/MT
Butyl Rubber Elastomer Singapore 2115 USD/MT (MV 32-51)
Butyl Rubber Elastomer Russia 1795 USD/MT (MV 32-51)

During Q4 2023 in the United States, butyl rubber prices and demand were impacted by the issues faced by the automotive sector as a result of the United Auto Workers (UAW) strike, which disrupted supply chains. Besides this, the European construction industry's slowdown reduced import orders, further affecting demand. Rising global crude oil prices increased production costs, causing the price to increase to 2045 USD/MT.

Similarly in Singapore, low supply contrasted with high demand, leading to a bullish market situation and a slight price increase. However, weak domestic demand persisted due to sluggish construction industry performance, leading to the final price of 2115 USD/MT for butyl rubber (MV 32-51).

Furthermore, in Russia, the butyl rubber’s (MV 32-51) price spiked to 1795 USD/MT during Q4 2023, due to increased European automotive market inquiries, resulting in sustained demand. Concurrently, conflicts between Ukraine and Russia also disrupted the supply chain, contributing to the price hike.

Butyl Rubber Price Trend, Market Analysis, and News

IMARC’s newly published report, titled “Butyl Rubber Pricing Report 2024: Price Trend, Chart, Market Analysis, News, Demand, Historical and Forecast Data,” offers an in-depth analysis of butyl rubber pricing, covering an analysis of global and regional market trends and the critical factors driving these price movements.

It encompasses an in-depth review of spot price of butyl rubber at major ports, a breakdown of prices including Ex Works, FOB, and CIF, alongside a region-wise dissection of butyl rubber price trend across North America, Europe, Asia Pacific, Latin America, the Middle East and Africa.

The report examines the elements influencing butyl rubber price fluctuations, such as changes in raw material costs, supply-demand dynamics, geopolitical factors, and industry-specific developments. Additionally, it integrates the latest market news, providing stakeholders with up-to-date information on market shifts, regulatory changes, and technological advancements, thereby offering a comprehensive overview that aids in strategic decision-making and forecasting.

Butyl Rubber Price Trend

Butyl Rubber Market Analysis

The global butyl rubber market size reached US$ 4.1 Billion in 2023. By 2032, IMARC Group expects the market to reach US$ 6.3 Billion, at a projected CAGR of 4.90% during 2023-2032.

  • The burgeoning automotive industry is a primary driver as butyl rubber is extensively used in tire manufacturing due to its excellent air retention properties, enhancing tire performance and fuel efficiency.
  • Along with this, the flourishing expansion of the construction sector is propelling the market growth as butyl rubber finds application in roofing membranes, sealants, and adhesives, thanks to its superior weather resistance and durability.
  • The increasing demand for pharmaceutical packaging materials is boosting the market growth, with butyl rubber being preferred for its gas impermeability, ensuring the integrity and longevity of pharmaceutical products.
  • Moreover, the rise in healthcare expenditure worldwide is driving the demand for pharmaceutical stoppers and closures, further fueling the butyl rubber market.
  • Concurrent with this, the burgeoning consumer goods industry, particularly in the Asia-Pacific region, is bolstering market growth as butyl rubber is utilized in the production of consumer products such as chewing gum for its chewy texture and flavor retention capabilities.
  • The implementation of strict regulations regarding fuel efficiency and emissions standards pushing automotive manufacturers towards lightweight materials like butyl rubber is creating a positive outlook for market expansion.
  • Furthermore, the increasing adoption of tubeless tires in both commercial and passenger vehicles spurring the demand for butyl rubber, given its crucial role in maintaining tire pressure is acting as another significant growth-inducing factor.
  • Concurrent with this, the thriving oil and gas industry is providing an impetus to the market expansion as butyl rubber is utilized in pipeline coatings and seals, ensuring the safety and integrity of the oil and gas infrastructure.
  • Additionally, the growing trend towards sustainable and eco-friendly materials resulting in a surging demand for butyl rubber, which is recyclable and has a lower environmental impact compared to alternatives is presenting lucrative opportunities for market expansion.
  • Apart from this, the rapid urbanization and infrastructure development in developing countries are further propelling the market forward, as the demand for construction materials and automotive components continues to rise in tandem with urban growth.

Butyl Rubber News

The report covers the latest developments, updates, and trends impacting the global butyl rubber market, providing stakeholders with timely and relevant information. This segment covers a wide array of news items, including the inauguration of new production facilities, advancements in butyl rubber production technologies, strategic market expansions by key industry players, and significant mergers and acquisitions that impact the butyl rubber price trend.

Latest developments in the butyl rubber industry:

  • In December 2023, SIBUR, the sole local manufacturer of halobutyl rubbers (HBR) in Russia, announced the completion of its RUB 8 billion project, which upgraded its capacity by one-third from 150 to 200 kt. It entailed installing 6 new HBR production units and renovating 16 others, which will elevate productivity, automation, and environmental standards compliance of the company. 
  • In September 2023, Pyrowave, a Canadian technology company partnered with Michelin and Knauf Industries to produce elastomer and plastic products using 100% recycled styrene from plastic waste. The resulting elastomers displayed similar quality and properties to those made from fossil-sourced materials. Pyrowave's technology helped mitigate the environmental footprint of styrene production by 82% in comparison to fossil sources.
  • In April 2023, China's Hainan Baling Chemical New Material Co., Ltd., a Sinopec subsidiary, began production of its styrene-butadiene copolymer (SBC) project in Hainan, China, with an annual production capacity of 170,000 tons. This 1.924-billion-yuan investment will maximize turnover, reduce expenses, and fortify Sinopec's competitiveness in the market.

Product Description

Butyl rubber commonly known as polyisobutylene, refers to a type of synthetic rubber compound noted for its distinct set of features. It is mostly made up of isobutylene and a little amount of isoprene. Its molecular structure is composed of lengthy chains of repeating units, which give it its distinctive features. Butyl rubber displays great resistance to gas and moisture infiltration, making it perfect for applications that require airtight seals or barriers.

This rubber is also exceptionally durable and weather resistant, maintaining its integrity even in difficult and harsh environmental conditions. It is highly resistant to heat, ozone, chemicals, and oxidation, making it ideal for a variety of industrial applications. Butyl rubber is widely utilized in the production of inner tube tires, seals and gaskets, roofing membranes, adhesives, and pharmaceutical stoppers. Aside from that, it is used in the manufacture of chewing gum due to its chewiness and capacity to maintain flavor.

Regional Coverage

The report provides a detailed analysis of the butyl rubber market across different regions, each with unique pricing dynamics influenced by localized market conditions, supply chain intricacies, and geopolitical factors. This includes price trends, price forecast and supply and demand trends for each region, along with spot prices by major ports. The report also provides coverage of ex-works, FOB, and CIF prices, as well as the key factors influencing the butyl rubber price trend.

Global Butyl Rubber Price

The report offers a holistic view of the global butyl rubber pricing trends in the form of butyl rubber price charts, reflecting the worldwide interplay of supply-demand balances, international trade policies, and overarching economic factors that shape the market on a macro level. This comprehensive analysis not only highlights current price of butyl rubber but also provides insights into historical price trends, enabling stakeholders to understand past fluctuations and their underlying causes.

The report also delves into price forecast models, projecting future price movements based on a variety of indicators such as expected changes in supply chain dynamics, anticipated policy shifts, and emerging market trends. By examining these factors, the report equips industry participants with the necessary tools to make informed strategic decisions, manage risks, and capitalize on market opportunities. Furthermore, it includes a detailed butyl rubber demand analysis, breaking down regional variations and identifying key drivers specific to each geographic market, thus offering a nuanced understanding of the global pricing landscape.

Europe Butyl Rubber Price

In Q4 2023, butyl rubber prices climbed, particularly in Russia due to a recovery in European demand for used cars and improved automotive industry. Western Europe saw a slight increase in vehicle sales, indicating sustained demand for butyl rubber. However, tension between Ukraine and Russia in December 2023 disrupted supply and demand, leading to increased prices. The downstream automotive sector also increased demand, causing buyers to increase their purchasing activities.

This analysis can be extended to include detailed butyl rubber price information for a comprehensive list of countries.

Region Countries Covered
Europe Germany, France, United Kingdom, Italy, Spain, Russia, Turkey, Netherlands, Poland, Sweden, Belgium, Austria, Ireland, Switzerland, Norway, Denmark, Romania, Finland, Czech Republic, Portugal, and Greece, among other European countries.

North America Butyl Rubber Price

In Q4 2023, butyl rubber in the North American region faced challenges due to a strike by the UAW union, a slowdown in the European construction industry, and rising global crude oil prices. The US automotive sector experienced a decline in sales, while the European construction industry experienced a slowdown, affecting import orders. Despite these challenges, the market experienced a slight price increase in the USA.

Specific butyl rubber historical data within the United States and Canada can also be provided.

Region Countries Covered
North America United States and Canada

Middle East and Africa Butyl Rubber Price

In Q4 2023, the pricing of butyl rubber in the Middle East and Africa (MEA) region was influenced by the global automotive industry's recovery, fluctuating crude oil prices, and steady availability. Saudi Arabia experienced the most significant price increase due to increased production costs and reduced supply.

In addition to region-wise data, information on butyl rubber prices for countries can also be provided.

Region Countries Covered
Middle East and Africa Saudi Arabia, UAE, Israel, Iran, South Africa, Nigeria, Oman, Kuwait, Qatar, Iraq, Egypt, Algeria, and Morocco, among other Middle Eastern and African countries.

Asia Pacific Butyl Rubber Price

In Q4 2023, the APAC region's butyl rubber market experienced a bullish market with a slight increase in prices due to strong consumer sentiment and growth in the automotive sector. However, in Singapore, the demand for butyl rubber remained weak due to the construction industry's lackluster performance.

This butyl rubber price analysis can be expanded to include a comprehensive list of countries within the region.

Region Countries Covered
Asia Pacific China, India, Indonesia, Pakistan, Bangladesh, Japan, Philippines, Vietnam, Thailand, South Korea, Malaysia, Nepal, Taiwan, Sri Lanka, Hongkong, Singapore, Australia, and New Zealand, among other Asian countries.

Latin America Butyl Rubber Price

The analysis of butyl rubber prices in Latin America provides a detailed overview, reflecting the unique market dynamics in the region influenced by economic policies, industrial growth, and trade frameworks.

This comprehensive review can be extended to include specific countries within the region.

Region Countries Covered
Latin America Brazil, Mexico, Argentina, Columbia, Chile, Ecuador, and Peru, among other Latin American countries.Brazil, Mexico, Argentina, Columbia, Chile, Ecuador, and Peru, among other Latin American countries.

Report Coverage

Key Attributes Details
Product Name Butyl Rubber
Report Features Exploration of Historical Trends and Market Outlook, Industry Demand, Industry Supply, Gap Analysis, Challenges, Butyl Rubber Price Analysis, and Segment-Wise Assessment.
Currency/Units US$ (Data can also be provided in local currency) or Metric Tons
Region/Countries Covered The current coverage includes analysis at the global and regional levels only. 
Based on your requirements, we can also customize the report and provide specific information for the following countries: 
Asia Pacific: China, India, Indonesia, Pakistan, Bangladesh, Japan, Philippines, Vietnam, Thailand, South Korea, Malaysia, Nepal, Taiwan, Sri Lanka, Hongkong, Singapore, Australia, and New Zealand*
Europe: Germany, France, United Kingdom, Italy, Spain, Russia, Turkey, Netherlands, Poland, Sweden, Belgium, Austria, Ireland, Switzerland, Norway, Denmark, Romania, Finland, Czech Republic, Portugal and Greece* 
North America: United States and Canada

Latin America: Brazil, Mexico, Argentina, Columbia, Chile, Ecuador, and Peru*

Middle East & Africa: Saudi Arabia, UAE, Israel, Iran, South Africa, Nigeria, Oman, Kuwait, Qatar, Iraq, Egypt, Algeria, and Morocco*

*The list of countries presented is not exhaustive. Information on additional countries can be provided if required by the client.
Information Covered for Key Suppliers
  • Company Overview
  • Business Description
  • Product Portfolio
  • Recent Trends and Developments
Customization Scope The report can be customized as per the requirements of the customer
Report Price and Purchase Option

Plan A: Monthly Updates - Annual Subscription

  • Scope
    • Historical Data for the Current Month
    • Forecast for Next Month
  • Total Deliverables Per Year: 12 (One Per Month)
  • Includes: One PDF and Excel datasheet per month, Post Purchase Analyst Support throughout the year

Plan B: Quarterly Updates - Annual Subscription

  • Scope
    • Historical Data for the Current Quarter
    • Forecast for Next Quarter
  • Total Deliverables Per Year: 4 (One Per Quarter)
  • Includes: One PDF and Excel datasheet per Quarter, Purchase Analyst Support throughout the year

Plan C: Biannually Updates - Annual Subscription

  • Scope
    • Historical Data for the Current Half
    • Forecast for the Next Half
  • Total Deliverables Per Year: 2 (One Per 6 Months)
  • Includes: One PDF and Excel datasheet per Half, Purchase Analyst Support throughout the year
Post-Sale Analyst Support  360-degree analyst support after report delivery
Delivery Format PDF and Excel through email (We can also provide the editable version of the report in PPT/Word format on special request) 

Key Benefits for Stakeholders:

  • IMARC’s report presents a detailed analysis of butyl rubber pricing, covering global and regional trends, spot prices at key ports, and a breakdown of Ex Works, FOB, and CIF prices.
  • The study examines factors affecting butyl rubber price trend, including raw material costs, supply-demand shifts, geopolitical impacts, and industry developments, offering insights for informed decision-making.
  • The competitive landscape review equips stakeholders with crucial insights into the latest market news, regulatory changes, and technological advancements, ensuring a well-rounded, strategic overview for forecasting and planning.
  • IMARC offers various subscription options, including monthly, quarterly, and biannual updates, allowing clients to stay informed with the latest market trends, ongoing developments, and comprehensive market insights. The butyl rubber price charts ensure our clients remain at the forefront of the industry.

Need more help?

  • Speak to our experienced analysts for insights on the current market scenarios.
  • Include additional segments and countries to customize the report as per your requirement.
  • Gain an unparalleled competitive advantage in your domain by understanding how to utilize the report and positively impacting your operations and revenue.
  • For further assistance, please connect with our analysts.
Butyl Rubber Pricing Report 2024: Price Trend, Chart, Market Analysis, News, Demand, Historical and Forecast Data
Purchase options
For 2 Deliverables, Billed Annually

For 4 Deliverables, Billed Annually

For 12 Deliverables, Billed Annually

Benefits of Customization

Personalize this research

Triangulate with your data

Get data as per your format and definition

Gain a deeper dive into a specific application, geography, customer, or competitor

Any level of personalization

Get in Touch With Us

Phone: +1-631-791-1145


Phone: +91-120-433-0800


Phone: +44-753-714-6104

Email: sales@imarcgroup.com

Client Testimonials

Aktive Services

IMARC made the whole process easy. Everyone I spoke with via email was polite, easy to deal with, kept their promises regarding delivery timelines and were solutions focused. From my first contact, I was grateful for the professionalism shown by the whole IMARC team. I recommend IMARC to all that need timely, affordable information and advice. My experience with IMARC was excellent and I can not fault it.

Read More
Greenfish S.A.

The IMARC team was very reactive and flexible with regard to our requests. A very good overall experience. We are happy with the work that IMARC has provided, very complete and detailed. It has contributed to our business needs and provided the market visibility that we required

Read More
Colruyt Group

We were very happy with the collaboration between IMARC and Colruyt. Not only were your prices competitive, IMARC was also pretty fast in understanding the scope and our needs for this project. Even though it was not an easy task, performing a market research during the COVID-19 pandemic, you were able to get us the necessary information we needed. The IMARC team was very easy to work with and they showed us that it would go the extra mile if we needed anything extra

Read More

Last project executed by your team was as per our expectations. We also would like to associate for more assignments this year. Kudos to your team.

Read More
Zee Media Corp. Ltd.

We would be happy to reach out to IMARC again, if we need Market Research/Consulting/Consumer Research or any associated service. Overall experience was good, and the data points were quite helpful.

Read More
Arabian Plastic Manufacturing Company Ltd.

The figures of market study were very close to our assumed figures. The presentation of the study was neat and easy to analyse. The requested details of the study were fulfilled. My overall experience with the IMARC Team was satisfactory.

Read More
Sumitomo Corporation

The overall cost of the services were within our expectations. I was happy to have good communications in a timely manner. It was a great and quick way to have the information I needed.

Read More
Hameln Rds

My questions and concerns were answered in a satisfied way. The costs of the services were within our expectations. My overall experience with the IMARC Team was very good.

Read More
Quality Consultants BV

I agree the report was timely delivered, meeting the key objectives of the engagement. We had some discussion on the contents, adjustments were made fast and accurate. The response time was minimum in each case. Very good. You have a satisfied customer.

Read More
TATA Advanced Systems Limited

We would be happy to reach out to IMARC for more market reports in the future. The response from the account sales manager was very good. I appreciate the timely follow ups and post purchase support from the team. My overall experience with IMARC was good.

Read More

IMARC was a good solution for the data points that we really needed and couldn't find elsewhere. The team was easy to work, quick to respond, and flexible to our customization requests.

Read More