The Global Butyl Adhesives Market Size will Reach $1549.32 Million in 2023

Global Butyl Adhesives Market Overview

According to Global Market Monitor, the global butyl adhesives market size will reach $1549.32 million in 2023 and is expected to grow to $2078.32 million by 2028.

Butyl Rubber Performance Advantages

Butyl rubber is an elastomeric polymer that is widely used as an adhesive and sealant, both as a primary adhesive and as a tackier and modifier. Butyl adhesives possess superior properties such as excellent resistance to sunlight and weather, high durability, and resistance to heat and aging which makes them suitable for numerous end-use industries such as paper & packaging, building & construction, woodworking, automotive, and others.

Butyl Rubber Market Restraints

Butyl adhesive has low strength, small elasticity, poor characteristics, and slow vulcanization speed. It is necessary to continuously improve and update technology to modify butyl rubber. In addition, butyl rubber adhesives are more expensive than others, which will prompt consumers to choose cheaper adhesives, thereby limiting the development of the industry. With the development of the economy, people have higher demands on wages, which has led to an increase in labor prices in various regions of the world. Because the production of butyl adhesive requires more labor, the cost of manufacturers also rises.

Butyl Rubber Market Segment

The application of construction industry adhesives in the construction industry mainly includes plate manufacturing, mortar infusion, bonding reinforcement, repair and bonding, and other aspects. In addition, during the later decoration and maintenance, a large amount of building materials and decorations that are inseparable from adhesive will also be used. Therefore, during all the construction, decoration, or maintenance of the building, there will be demand for adhesives.

With the augment in residential construction activities in Asia-Pacific countries (such as South Korea, Singapore, India, and Indonesia), the demand for construction adhesives is also increasing. Higher income levels in some countries and attitudes toward housing ownership have led to a rapid rise in residential construction activities in the region. These factors are positively affecting the application of butyl adhesives in the construction industry.

By Type	Butyl Adhesive Tape
	Butyl Adhesive Paste
	The butyl adhesive paste segment accounted for the largest share in 2022.
By Application	Paper & Packaging
	Building & Construction
	Woodworking
	Automotive
	Others
	The building & construction segment occupied the biggest share in 2022.
By Region	North America
	Europe
	Asia-Pacific
	Latin America
	Middle East & Africa
	In 2022, the share of the butyl adhesives market in North America stood at 43.19%.