Isobutylene isoprene rubber market forecast at $8.4 billion by 2027

Pune, India – The global Isobutylene Isoprene Rubber (IIR) market size was valued at USD 5901.08 million in 2021 and is expected to expand at a CAGR of 6.25% during the forecast period, reaching USD 8491.37 million by 2027 according to Market Research Guru.

The report combines extensive quantitative analysis and exhaustive qualitative analysis, ranges from a macro overview of the total market size, industry chain, and market dynamics to micro details of segment markets by type, application and region, and, as a result, provides a holistic view of, as well as a deep insight into the Isobutylene Isoprene Rubber (IIR) market covering all its essential aspects.

For the competitive landscape, the report also introduces players in the industry from the perspective of the market share, concentration ratio, etc., and describes the leading companies in detail, with which the readers can get a better idea of their competitors and acquire an in-depth understanding of the competitive situation. Further, mergers & acquisitions, emerging market trends, the impact of COVID-19, and regional conflicts will all be considered.

Some key players in the global Isobutylene Isoprene Rubber (IIR) market are Panjin Heyun Group, PJSC NizhneKamskneftekhim, Sibur, Lanxess, ExxonMobil, Sinopec Beijing Yanshan, Zhejiang Cenway Synthetic New Material, Formosa Synthetic Rubber (Ningbo), Shandong Chambroad Petrochemicals, JSR