Butyl Adhesive Market Research Report- Forecast to 2027

Butyl Adhesive Market Information- by End Use Industry (Paper & Packaging, Building & Construction, Woodworking, Automotive, and Others) and by Region- Forecast till 2027

ID: MRFR/CnM/2820-HCR | February 2021 | Region: Global | 134 pages


Butyl Adhesive Market Overview


Butyl Adhesives are produced from butyl rubber which is a copolymer of Isobutylene Isoprene Rubber. Butyl Rubber is a synthetic rubber and manufactured by polymerization of about 2% of isoprene with 98% of isobutylene. It can be produced from the monomer isobutylene by cationic addition polymerization. Butyl Adhesives possess superior properties such as excellent resistance to sunlight and weather, high durability, resistance to heat and aging which makes it suitable for numerous end use industries such as paper & packaging, building & construction, woodworking, automotive, and others.


Increasing demand from paper & packaging industry that include cartons, paper bags, tapes, and boxes are predicted to drive the Butyl
Adhesive Market growth. In addition, demand for butyl adhesive is benefitting from social and regulatory intervention promoting the usage of eco-friendly adhesives. Escalating investments in the mining and construction industry along with expansion of industrial sector in developing as well as developed region is expected to bolster demand for Butyl Adhesive Market. Growing use of Butyl Adhesive tape in automotive sector is predicted to positively influence demand patterns. Additionally, expansion of woodworking sector in emerging economies is expected to fuel market growth over the forecast period. However, the industry is dependent upon the crude oil, hence raw material price fluctuation is the main concern governing revenues for Butyl Adhesive Market players.


List of Key Players in the Butyl Adhesive Market


The prominent players operating in the Butyl Adhesive Market include



  • Vinati Organics Ltd.,

  • ADCO Global,

  • Bostik SA,

  • Royal Adhesives & Sealants,

  • General Sealants,

  • Anabond


Global Butyl Adhesive Market Share by End Use Industry (2016), (%):

Butyl Adhesive Market

The increasing usage of Butyl Adhesive tapes in packaging material such as tapes, envelopes, and labels is further predicted to fuel market growth. The growth in consumption of Butyl Adhesive owing to its excellent properties such as resistance to abrasion, tear and flexing will fuel market expansion in upcoming years.

Regional Analysis:


The Global Butyl Adhesive Market is divided into five regions: Asia Pacific, Europe, Latin America, North America, and the Middle East & Africa. The Asia Pacific region is expected to grow at the highest CAGR over the forecast years due to increasing demand from end use industries such as building & construction, woodworking and automotive. The demand for Butyl Adhesive is predicted to surge in developing countries such as India, China, Vietnam, Bangladesh and Japan due to rising construction activities and expansion of woodworking industry. China is predicted to be the largest market in terms of consumption. Additionally, cheap labor cost, ease of availability of raw material, and increasing development strategies to fulfil the demand for Butyl Adhesives in the growing applications are the important factors for the regional market growth.

The Middle East & Africa is predicted to witness substantial growth in the upcoming years. This factor is attributed to the growing development activities in commercial as well as residential sector coupled with the increasing demand for VOC free adhesives, specifically in United Arab Emirates (UAE) and Saudi Arabia.


North America is predicted to witness steady growth in the use of butyl adhesive over the forecast period. The U.S. is expected to be the largest Butyl Adhesive Market in the region followed by Canada and Mexico. Latin American countries, specifically Argentina and Brazil, are also anticipated to witness steady growth due to moderate demand from woodworking and packaging industries. Europe is expected to be the second largest market after Asia Pacific in the consumption of Butyl Adhesive. European countries such as Germany, UK, France, and Italy are contributing in the regional market growth due to the presence of large number of manufacturing companies in the region.  Furthermore, strict regulation imposed by European Environment Agency (EEA) and European Chemicals Agency (ECHA) on the emission rate of volatile organic compound (VOCs) have compelled regional manufacturers to shift their focus towards production of environment friendly adhesives.

Segmentation:                                 


The Global Butyl Adhesive Market is fragmented on the basis of end use industry and region. On the basis of end use industry, the market has been segmented into paper & packaging, building & construction, woodworking, automotive, and others. Butyl Adhesives are impermeable to air and water and highly resistance to alkali and UV rays, thus widely used in the aforementioned end use industries. On the basis of region, this market is segmented into Asia Pacific, Europe, Latin America, North America, and Middle East & Africa.


Geographical Analysis:


The report covers brief analysis of geographical regions such as North America, Europe, Asia Pacific, Latin America and Middle East & Africa.


Intended Audience:



  • Butyl Adhesive manufacturers

  • Traders and distributors of butyl adhesive

  • Production process industries

  • Potential investors

  • Raw material suppliers

  • Nationalized laboratory



Report Scope:
Report Attribute/Metric Details
  Market Size   2027: Significant value
  CAGR   2019–2027: Substantial CAGR
  Base Year   2019
  Forecast Period   2020-2027
  Historical Data   2018
  Forecast Units   Value (USD Million)
  Report Coverage   Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
  Segments Covered   End-Use Industry and Region
  Geographies Covered   North America, Europe, Asia-Pacific, and Rest of the World (RoW)
  Key Vendors   Vinati Organics Ltd., ADCO Global, Bostik SA, Royal Adhesives & Sealants, General Sealants, Anabond and others.
  Key Market Opportunities   Excellent resistance to sunlight and weather, high durability, resistance to heat and aging
  Key Market Drivers   Increasing demand from paper & packaging industry that include cartons, paper bags, tapes, and boxes


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Frequently Asked Questions (FAQ) :


The forecast period for Butyl Adhesive Market research report is 2020-2027.

Butyl Adhesive Market is dominated by APAC region.

The main players in the Market are Vinati Organics Ltd., ADCO Global, Bostik SA, Royal Adhesives & Sealants, General Sealants, Anabond and others.

TABLE OF CONTENTS:

1 Executive Summary

2 Scope of The Report

2.1 Market Definition

2.2 Scope of The Study

2.2.1 Research Objectives

2.2.2 Assumptions & Limitations

2.3 Markets Structure

3 Market Research Methodology

3.1 Research Process

3.2 Secondary Research

3.3 Primary Research

3.4 Forecast Model

4 Market Landscape

4.1 Five Forces Analysis

4.1.1 Threat of New Entrants

4.1.2 Bargaining power of buyers

4.1.3 Threat of substitutes

4.1.4 Segment rivalry

4.2 Value Chain/Supply Chain of Global Butyl Adhesive Market

5 Industry Overview of Global Butyl Adhesive Market

5.1 Introduction

5.2 Growth Drivers

5.3 Impact analysis

5.4 Market Challenges

5.5 Impact analysis

6 Market Trends

6.1 Introduction

6.2 Growth Trends

6.3 Impact analysis

7. Global Butyl Adhesive Market by End Use Industry

7.1 Introduction

7.2 Paper & Packaging

7.3 Building & Construction

7.4 Woodworking

7.5 Automotive

7.6 Others

8. Global Butyl Adhesive Market by Region

8.1 Introduction

8.2 North America

8.2.1 US

8.2.2 Canada

8.3 Europe

8.3.1 Germany

8.3.2. France

8.3.3 Italy

8.3.4 Spain

8.3.5 UK

8.4 Asia Pacific

8.4.1 China

8.4.2 India

8.4.3 Japan

8.4.4 Australia

8.4.5 New Zealand

8.4.6 Rest of Asia Pacific

8.5 Middle East & Africa

8.5.1 Turkey

8.5.2 Israel

8.5.3 North Africa

8.5.4 GCC

8.5.5 Rest of Middle East & Africa

8.6 Latin America

8.6.1 Brazil

8.6.2 Argentina

8.6.3 Rest of Latin America

9. Company Landscape

10. Company Profiles

10.1 BASF SE

10.1.1 Company Overview

10.1.2 Product/Business Segment Overview

10.1.3 Financial Updates

10.1.4 Key Developments

10.2 ADCO Global

10.2.1 Company Overview

10.2.2 Product/Business Segment Overview

10.2.3 Financial Updates

10.2.4 Key Developments

10.3 Vinati Organic Ltd.

10.3.1 Company Overview

10.3.2 Product/Business Segment Overview

10.3.3 Financial Updates

10.3.4 Key Developments

10.4 Royal Adhesives & Sealants

10.4.1 Company Overview

10.4.2 Product/Business Segment Overview

10.4.3 Financial Updates

10.4.4 Key Developments

10.5 General Sealants

10.5.1 Company Overview

10.5.2 Product/Business Segment Overview

10.5.3 Financial Updates

10.5.4 Key Developments

10.6 Bostik SA

10.6.1 Company Overview

10.6.2 Product/Business Segment Overview

10.6.3 Financial Updates

10.6.4 Key Developments

10.7 Anabond

10.7.1 Company Overview

10.7.2 Product/Business Segment Overview

10.7.3 Financial Updates

10.7.4 Key Developments

11 Conclusion


LIST OF TABLES:

Table 1 World Population by Major Regions (2020-2027)

Table 2 Global Butyl Adhesive Market: By Region, 2020-2027

Table 3 North America Butyl Adhesive Market: By Country, 2020-2027

Table 4 Europe Butyl Adhesive Market: By Country, 2020-2027

Table 5 Asia-Pacific Butyl Adhesive Market: By Country, 2020-2027

Table 6 Middle East & Africa Butyl Adhesive Market: By Country, 2020-2027

Table 7 Latin America Butyl Adhesive Market: By Country, 2020-2027

Table 8 North America Butyl Adhesive for End use Industry: By Country, 2020-2027

Table 9 Europe Butyl Adhesive for End use Industry: By Country, 2020-2027

Table 10 Asia-Pacific Butyl Adhesive for End use Industry: By Country, 2020-2027

Table 11 Middle East & Africa Butyl Adhesive for End-use Industry: By Country, 2020-2027

Table 12 Latin America Butyl Adhesive for End-use Industry: By Country, 2020-2027

Table 13 Global End Use Industry Market: By Region, 2020-2027

Table 14 North America Butyl Adhesive Market, By Country

Table 15 North America Butyl Adhesive Market, By End Use Industry

Table 16 Europe: Butyl Adhesive Market, By Country

Table 17 Europe: Butyl Adhesive Market, By End use Industry

Table 18 Asia-Pacific: Butyl Adhesive Market, By Country

Table 19 Asia-Pacific: Butyl Adhesive Market, By End use Industry

Table 20 Middle East & Africa: Butyl Adhesive Market, By Country

Table 21 Middle East & Africa: Butyl Adhesive Market, By End use Industry

Table 22 Latin America: Butyl Adhesive Market, By Country

Table 23 Latin America: Butyl Adhesive Market, By End use Industry


LIST OF FIGURES:

FIGURE 1 Global Butyl Adhesive Market segmentation

FIGURE 2 Forecast Methodology

FIGURE 3 Five Forces Analysis of Global Butyl Adhesive Market

FIGURE 4 Value Chain of Global Butyl Adhesive Market

FIGURE 5 Share of Global Butyl Adhesive Market in 2020, by country (in %)

FIGURE 6 Global Butyl Adhesive Market, 2020-2027,

FIGURE 7 Sub segments of End Use Industry

FIGURE 7 Global Butyl Adhesive Market size by End Use Industry, 2020

FIGURE 9 Share of Global Butyl Adhesive Market by End Use Industry, 2020-2027