| Product Code: ETC5251941 | Publication Date: Nov 2023 | Updated Date: Sep 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Bhawna Singh | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
Gambia Butyl Rubber market currently, in 2023, has witnessed an HHI of 10000, Which has decreased substantially as compared to the HHI of 10000 in 2017. The market is moving towards Highly concentrated. Herfindahl index measures the competitiveness of exporting countries. The range lies from 0 to 10000, where a lower index number represents a larger number of players or exporting countries in the market while a large index number means fewer numbers of players or countries exporting in the market.
The butyl rubber market in Gambia is growing due to the increasing demand for rubber in various industrial applications, particularly in the automotive and manufacturing sectors. Butyl rubber is known for its excellent impermeability to air, making it ideal for tire inner linings, sealing compounds, and medical supplies. With Gambia`s expanding industrial landscape and the automotive sector showing potential growth, the demand for butyl rubber is expected to rise. As infrastructure projects increase and manufacturing capabilities improve, the market for this material is likely to see further expansion.
The Gambia butyl rubber market is experiencing growth due to its increasing demand in various industries, particularly in the automotive and construction sectors. Butyl rubber is used extensively in tire manufacturing, adhesives, sealants, and roofing materials, contributing to its rising demand as infrastructure projects expand in the country. The growing automotive market, fueled by increased vehicle ownership and demand for durable, high-performance tires, is a key driver. Additionally, the use of butyl rubber in medical devices and pharmaceutical packaging is adding to its market potential, driven by the countrys expanding healthcare industry.
The Butyl Rubber Market in Gambia is challenged by a lack of local production facilities, which results in a heavy reliance on imports. This dependency increases the cost and limits the availability of butyl rubber in the market. Moreover, fluctuations in global rubber prices, combined with logistical difficulties in importing raw materials, exacerbate price instability. Additionally, limited awareness about the diverse applications of butyl rubber, especially in industries like automotive and manufacturing, hinders market expansion.
The Gambian government has shown interest in promoting industries that support infrastructure development and the automotive sector, indirectly influencing the butyl rubber market. Policies encouraging industrialization, such as reduced tariffs on raw materials and incentives for local manufacturing, have facilitated growth. Furthermore, environmental regulations on sustainable industrial practices ensure that butyl rubber production complies with eco-friendly standards.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Gambia Butyl Rubber Market Overview |
3.1 Gambia Country Macro Economic Indicators |
3.2 Gambia Butyl Rubber Market Revenues & Volume, 2021 & 2031F |
3.3 Gambia Butyl Rubber Market - Industry Life Cycle |
3.4 Gambia Butyl Rubber Market - Porter's Five Forces |
3.5 Gambia Butyl Rubber Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 Gambia Butyl Rubber Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Gambia Butyl Rubber Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for butyl rubber in the automotive industry due to its excellent properties such as heat resistance, flexibility, and durability. |
4.2.2 Growth in the manufacturing sector in Gambia leading to higher demand for butyl rubber in various applications. |
4.2.3 Rising investments in infrastructure projects driving the demand for butyl rubber for construction purposes. |
4.3 Market Restraints |
4.3.1 Fluctuating prices of raw materials used in the production of butyl rubber impacting the overall production cost. |
4.3.2 Competition from alternative materials such as natural rubber affecting the market share of butyl rubber. |
4.3.3 Environmental concerns related to the production and disposal of butyl rubber leading to regulatory challenges. |
5 Gambia Butyl Rubber Market Trends |
6 Gambia Butyl Rubber Market Segmentations |
6.1 Gambia Butyl Rubber Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Gambia Butyl Rubber Market Revenues & Volume, By Regular Butyl Rubber, 2021-2031F |
6.1.3 Gambia Butyl Rubber Market Revenues & Volume, By Halo Butyl Rubber, 2021-2031F |
6.1.4 Gambia Butyl Rubber Market Revenues & Volume, By Bromo-Butyl Rubber, 2021-2031F |
6.1.5 Gambia Butyl Rubber Market Revenues & Volume, By Chloro-Butyl Rubber, 2021-2031F |
6.2 Gambia Butyl Rubber Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Gambia Butyl Rubber Market Revenues & Volume, By Tires & Tubes, 2021-2031F |
6.2.3 Gambia Butyl Rubber Market Revenues & Volume, By Pharmaceuticals, 2021-2031F |
6.2.4 Gambia Butyl Rubber Market Revenues & Volume, By Adhesives & Sealants, 2021-2031F |
6.2.5 Gambia Butyl Rubber Market Revenues & Volume, By Automotive, 2021-2031F |
6.2.6 Gambia Butyl Rubber Market Revenues & Volume, By Others, 2021-2031F |
7 Gambia Butyl Rubber Market Import-Export Trade Statistics |
7.1 Gambia Butyl Rubber Market Export to Major Countries |
7.2 Gambia Butyl Rubber Market Imports from Major Countries |
8 Gambia Butyl Rubber Market Key Performance Indicators |
8.1 Capacity utilization rate of butyl rubber manufacturing plants in Gambia. |
8.2 Percentage of butyl rubber used in the automotive sector compared to other industries. |
8.3 Research and development investment in developing innovative butyl rubber products. |
8.4 Number of new applications or industries adopting butyl rubber as a preferred material. |
8.5 Environmental sustainability metrics related to butyl rubber production processes. |
9 Gambia Butyl Rubber Market - Opportunity Assessment |
9.1 Gambia Butyl Rubber Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 Gambia Butyl Rubber Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Gambia Butyl Rubber Market - Competitive Landscape |
10.1 Gambia Butyl Rubber Market Revenue Share, By Companies, 2024 |
10.2 Gambia Butyl Rubber Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |