Butyl Rubber Market Is Expected To Show A Value Of USD 5.30 Billion By 2029
Over the years, butyl rubber has been expanding significantly and the expansion rate is projected to accelerate over forecast period. The major key players are focusing on developing innovative materials and high-grade butyl rubber. For instance, to improve fuel efficiency, the manufacturers developed halo-butyl rubber. The application of halo-butyl in tire treads improves dynamic properties such as rolling resistance and wet and dry traction.