Product
Halo Butyl Rubber Price Trend and Forecast
Halo Butyl Rubber Price Trend and Forecast
Regional Market Overview
Get the latest insights on price movement and trend analysis of Halo Butyl Rubber in different regions across the world (Asia, Europe, North America, Latin America, and the Middle East & Africa).
Halo Butyl Rubber Price Trend for the H1 of 2023
Asia
The first quarter of 2023 showed mixed trends in the price of halo butyl rubber. However, the second quarter proved to be much more fruitful, and as a result, the price trend of halo butyl rubber inclined gradually in this quarter. The struggling market of automotive and the entry of Tesla in the China region negatively impacted the prices of halo butyl rubber in the first quarter. The second quarter, on the other hand, was supported by the rising demand for the product from the downstream industries and positive market sentiments in the pharmaceutical and automotive sectors.
Europe
The price trend of halo butyl rubber fluctuated throughout the first and second quarters of 2023. The first quarter was positively influenced by the growth of the automotive sector due to the increased availability of semiconductor chips.
But in the second quarter, the poor dynamics of the construction sector resulted in a decline in demand. The main influencing factors in this weak performance of the construction sector were the hike in interest rates, the low number of new orders, and the significant decrease in the cost of raw materials.
North America
The North American region showcased volatility in the price trend of halo butyl rubber in the first and second quarters of 2023. The region was affected by the slow recovery of the automotive and construction sector and falling prices of natural gas and crude oil.
The economic sector of the region also took a path down after the closing of two US banks that deeply affected the economy of the US. In addition, the falling feedstock prices also failed to provide the necessary support to the halo butyl rubber market, and as a result, the price trend of halo butyl rubber nosedived.
Analyst Insight
According to Procurement Resource, the price trend of Halo Butyl Rubber is estimated to showcase a mixed trend as the automotive and construction sectors are still in the recovery phase.
Procurement Resource provides latest prices of Halo Butyl Rubber. Each price database is tied to a user-friendly graphing tool dating back to 2014, which provides a range of functionalities: configuration of price series over user defined time period; comparison of product movements across countries; customisation of price currencies and unit; extraction of price data as excel files to be used offline.
About
The synthetic elastomer halo butyl rubber is created by halogenating butyl rubber, usually with chlorine or bromine. It is appropriate for a variety of industrial applications due to its exceptional impermeability to gases, resistance to the elements, and resistance to ozone. Halo butyl rubber has a low gas permeability, which makes it perfect for applications needing air and gas barriers, such pharmaceutical stoppers and tire inner liners. Due to its ozone and weather resistance, it can be used for outdoor applications such as roofing membranes. Halo butyl rubber is a valuable material in many industries due to these characteristics as well as its flexibility and durability.
Product Details
| Report Features | Details |
| Product Name | Halo Butyl Rubber |
| Synonyms | XIIR ( X= Br, Cl) |
| Industrial Uses | Lining of tanks and vessels, Electrical Insulation, Sports equipment, Pharmaceutical stoppers, Tire manufacturing, Conveyor belts, Seals and gaskets |
| HS Code | 40023900 |
| Supplier Database | Arlanxeo , JSR Corporation, China Petrochemical Corporation, Sibur International GmbH, Reliance Industries Limited, Exxon Mobole Corporation, Huntsman International LLC, Timco Rubber, SABIC, LANXESS, Lyondell Basell Industries Holdings B.V., INEOS AG, Formosa Plastics Corporation, TPC Group |
| Region/Countries Covered | Asia Pacific: China, India, Indonesia, Pakistan, Bangladesh, Japan, Philippines, Vietnam, Iran, Thailand, South Korea, Iraq, Saudi Arabia, Malaysia, Nepal, Taiwan, Sri Lanka, UAE, Israel, Hongkong, Singapore, Oman, Kuwait, Qatar, 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 Africa: South Africa, Nigeria, Egypt, Algeria, Morocco |
| Currency | US$ (Data can also be provided in local currency) |
| Supplier Database Availability | Yes |
| Customization Scope | The report can be customized as per the requirements of the customer |
| Post-Sale Analyst Support | 360-degree analyst support after report delivery |
Note: Our supplier search experts can assist your procurement teams in compiling and validating a list of suppliers indicating they have products, services, and capabilities that meet your company's needs.
Production Processes
In the first step, the cationic copolymerization of isobutylene and isoprene in presence of a Friedel-Craft catalyst at 100°C is used to produce butyl rubber. In the subsequent steps, the butyl rubber is subjected to a solution of elemental chlorine and bromine in hexane media to finally yield halo butyl rubber.
Methodology
The displayed pricing data is derived through weighted average purchase price, including contract and spot transactions at the specified locations unless otherwise stated. The information provided comes from the compilation and processing of commercial data officially reported for each nation (i.e. government agencies, external trade bodies, and industry publications).
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