IsobutyleneIsoprene Rubber (IIR)
Market
Isobutylene-Isoprene Rubber (IIR) Market Scope:
Industry Analysis, Market Size, Growth, Trends Till
2031
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Isobutylene-Isoprene Rubber (IIR) Market Size and Growth
The Isobutylene-Isoprene Rubber (IIR) market is experiencing steady growth due to increased demand in automotive, aerospace, and industrial applications. The global market size is projected to reach approximately $1.5 billion by 2025, driven by advancements in production techniques and rising applications in specialty rubber products. Sustainability trends also influence market dynamics.
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Companies Covered
(Covid 19 Impact Covered)
◍ Exxonmobil
◍ Lanxess
◍ Pjsc Nizhnekamskneftekhim
◍ JSR
◍ Sibur
◍ Sinopec Beijing Yanshan Company
The Isobutylene-Isoprene Rubber (IIR) market features key players like ExxonMobil, Lanxess, PJSC Nizhnekamskneftekhim, JSR, Sibur, Sinopec, Zhejiang Cenway, and Panjin Heyun Group. These companies drive market growth by innovating production techniques, expanding applications in automotive and industrial sectors, and enhancing product performance. Revenue figures include:
- ExxonMobil: $413 billion
- Lanxess: €7.67 billion
◍ Zhejiang Cenway Synthetic New Material
◍ Panjin Heyun Group
- JSR: ¥479 billion
Market Segmentation
By Application
Medical Stoppers
Gas Masks and Chemical Agent Protection
By Product
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1.6% ～ 2.0 ％
Market Growth
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$ X Billion USD
