The global butyl adhesives market was valued at $1.0 billion in 2022 and is projected to reach $1.7 billion by 2032, growing at a CAGR of 5.2% from 2023 to 2032.  

Allied Market Research published a report, titled, “Butyl Adhesives Market by Type (Tape and Paste), and End-Use Industry (Building and Construction, Automotive, Packaging, Electronics, and Others): Global Opportunity Analysis and Industry Forecast, 2022-2032”.  

Prime determinants of growth  

The global butyl adhesives market is experiencing growth due to several factors such as the increasing demand for lightweight and fuel-efficient vehicles, which require advanced adhesive solutions to bond different materials. Additionally, the growing construction industry, particularly in emerging economies, is driving the demand for butyl adhesives for various applications, such as roofing and insulation. However, the volatility in raw material prices and the availability of substitutes, such as silicone adhesives hinders market growth to some extent. Moreover, the development of bio-based butyl adhesives and the increasing use of butyl adhesives in the medical and electronics industries offer remunerative opportunities for the expansion of the butyl adhesives market.  

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