Brominated IsobutyleneIsoprene Rubber (BIIR)
Market
Brominated Isobutylene-Isoprene Rubber (BIIR)
Market Scope: Industry Analysis, Market Size, Growth, Trends Till 2031
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Brominated Isobutylene-Isoprene Rubber (BIIR)
Market Size and Growth
The Brominated Isobutylene-Isoprene Rubber (BIIR) market has shown steady growth, driven by increasing demand in automotive and industrial applications. The global market size is projected to reach approximately $1.5 billion by 2025, reflecting a CAGR of about 4%. Key trends include advancements in production techniques and sustainability initiatives.
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Companies Covered (Covid 19 Impact Covered)
◍ ExxonMobil
◍ Panjin Heyun Group
◍ JSR
◍ Lanxess
◍ Zhejiang Cenway Synthetic New Material
◍ PJSC NizhneKamskneftekhim
◍ Shandong Chambroad Petrochemicals
◍ Sinopec Beijing Yanshan
◍ Sibur
◍ Formosa Synthetic Rubber (Ningbo)
The Brominated Isobutylene-Isoprene Rubber (BIIR) market features key players like ExxonMobil and Lanxess, leveraging BIIR for applications in tires and seals. Companies enhance market growth through innovation and expanding production capacities. Revenue figures include ExxonMobil approximating $413 billion and Lanxess around $8 billion, underscoring strong market presence. Request Sample Report
Market Segmentation
By Application
Tires ◍ Pharmaceutical Stoppers
◍ Vibration-absorptive Materials ◍ Others
By Product
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Others
Market Growth
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$ X Billion USD
