Butyl rubber is a synthetic rubber, a copolymer of isobutylene with isoprene. It stands for isobutylene isoprene rubber. Butyl rubber is impermeable to air and used in many applications requiring an airtight rubber. It is made from waste butyl inner tubes of trucks. Adopting the advanced desulfurization technique, the whole process is scientific and environmental protected. No chemical agents are added and also the rubber should be filtered twice by 100 mesh. This process technique is unique in China. The product quality is stable and performance is excellent. The content of PAHS is kept the lowest among the similar products.

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Major Driver of the Market

• The reclaim rubber industry is mainly driven by the replacement factors of the other rubber types. It is used as an alternative to synthetic and natural rubber. Reclaim rubber from a scrap of tread peelings, whole tires, and natural rubber tubes are used for both non-tire and tire applications in automobile and other industries. Recycling or reclaiming is a commonly known method allowing use of waste rubber and fractional recycling. Thermo-oxidative or destruction of turgid vulcanized rubber is the most common principle method among the existing ones.

• The global reclaimed rubber market size was estimated at USD 1.90 billion in 2015. The shift in trend towards rubber recycling to improve sustainability in the automotive tires industry has contributed largely to growth in recent years. Rubber is cured via a thermo-chemical process that softens & expands the product to reduce the overall viscosity and break the cross-links. The final product is highly uniform and costs around one-third of existing polymer prices.

• This inexpensive raw material is largely preferred by manufacturers owing to its lower power consumption rate & reduced thermal plasticity levels that make it easier to break down while processing, in comparison with the synthetic counterpart. The ready availability of waste tires and the low cost of reclaim rubber has further contributed to reclaimed rubber market growth in recent years.

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Global Market of Butyl Reclaim Rubber

The global reclaimed rubber market size was estimated at USD 2.39 billion in 2018 and is estimated to increase at a CAGR of 12.03 % from 2019 to 2026. The product is a cured rubber, produced via a thermochemical process and is less expensive than pure rubber. It is often formed by shortening of the polymer chain. These products are is extensively used in many end-use applications such as automobiles, belts & hoses, aircraft, adhesives, retreading, and footwear. Recycling of rubber to improve sustainability factors in the automotive tires industry has contributed significantly to the growth of the industry globally. This lesser expensive raw material for tires is largely preferred by manufacturers on account of its reduced thermal plasticity & lower power consumption rate.

Rapidly growing automobile industry is expected to strengthen the reclaimed rubber demand due to its resistance to ultraviolet rays and heat radiations from sun. Its consumption has increasingly gained significance in the production of tires, wheels, and belt & hoses with coupled with surging demand of other non-automobile parts.

The blend of reclaim rubber with the natural rubber for manufacturing various end-use products has also led to the demand growth substantially. Natural rubber reinforced reclaim rubber showcases exceptionally superior properties concerning morphology, tensile strength, curing, viscoelastic, and thermal properties. The primary option of producing such blend is to achieve suitable composite formation at economical costs.

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Conclusion

All the project reports by NPCS covers cover all the aspects of business, from analyzing the market, confirming availability of various necessities such as plant & machinery, raw materials to forecasting the financial requirements. The scope of the report includes assessing market potential, negotiating with collaborators, investment decision making, corporate diversification planning, etc. in a very planned manner by formulating detailed manufacturing techniques and forecasting financial aspects by estimating the cost of raw material, formulating the cash flow statement, projecting the balance sheet, etc.

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