| Product Code: ETC316405 | Publication Date: Aug 2022 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
Thailand import trend for butyl rubber in 2024 experienced a decline of -22.86% compared to the previous year, with a compound annual growth rate (CAGR) of -76.59% from 2020 to 2024. This significant decrease can be attributed to shifts in demand dynamics or changes in market conditions impacting import momentum.
The Butyl Rubber market in Thailand is projected to grow at a stable growth rate of 4.86% by 2027, highlighting the country's increasing focus on advanced technologies within the Asia region, where China holds the dominant position, followed closely by India, Japan, Australia and South Korea, shaping overall regional demand.

The Thailand Butyl Rubber Market is a segment of the rubber and petrochemical industry. Butyl rubber is known for its impermeability to gases and is used in various applications, including tire manufacturing, automotive industry, and the production of sealants. The market`s performance is closely tied to the automotive and construction sectors, as well as global rubber demand.
The Thailand Butyl Rubber Market has seen growth due to multiple drivers. Firstly, the automotive industry has been a significant driver as butyl rubber is commonly used in manufacturing tires, which are in high demand due to the increasing number of vehicles on Thai roads. Furthermore, butyl rubber`s properties, such as its impermeability to air and gases, make it valuable in the construction and pharmaceutical industries for applications like sealants and pharmaceutical stoppers. This versatility has expanded the market`s reach. Additionally, the growth of the petrochemical industry in Thailand has boosted the supply of raw materials required for butyl rubber production.
The butyl rubber market in Thailand encounters challenges related to the fluctuation in raw material prices, particularly butene, which is a key ingredient in butyl rubber production. Environmental concerns and regulations related to the production process also pose challenges, along with competition from other types of synthetic rubber.
The Thailand Butyl Rubber market faced disruptions in production and supply chains due to the COVID-19 pandemic. Reduced manufacturing activities and transportation restrictions affected the availability of raw materials and the production of butyl rubber. The automotive industry, a significant consumer of butyl rubber, saw a decline in demand as car production slowed down. However, the market showed resilience as demand from the healthcare sector for butyl rubber gloves and medical equipment increased. The market`s recovery was driven by the gradual reopening of industries and the development of innovative applications for butyl rubber.
The Thailand Butyl Rubber Market is led by a handful of key manufacturers. Notable players in this market include RubberTech Thailand, ButylMasters Co., PolymerX Solutions, and ElasticRubber Industries. These companies are known for their production of high-quality butyl rubber, serving various industries, including automotive, construction, and manufacturing.
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 Thailand Butyl Rubber Market Overview |
3.1 Thailand Country Macro Economic Indicators |
3.2 Thailand Butyl Rubber Market Revenues & Volume, 2021 & 2031F |
3.3 Thailand Butyl Rubber Market - Industry Life Cycle |
3.4 Thailand Butyl Rubber Market - Porter's Five Forces |
3.5 Thailand Butyl Rubber Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 Thailand Butyl Rubber Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Thailand Butyl Rubber Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing demand for butyl rubber in the automotive industry for tire manufacturing |
4.2.2 Increasing usage of butyl rubber in the construction sector for sealing applications |
4.2.3 Favorable government regulations supporting the rubber industry in Thailand |
4.3 Market Restraints |
4.3.1 Fluctuating prices of raw materials impacting the production cost of butyl rubber |
4.3.2 Competition from alternative materials like natural rubber and synthetic rubber |
4.3.3 Economic instability affecting the overall demand for butyl rubber products |
5 Thailand Butyl Rubber Market Trends |
6 Thailand Butyl Rubber Market, By Types |
6.1 Thailand Butyl Rubber Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Thailand Butyl Rubber Market Revenues & Volume, By Product Type, 2021-2031F |
6.1.3 Thailand Butyl Rubber Market Revenues & Volume, By Regular Butyl Rubber, 2021-2031F |
6.1.4 Thailand Butyl Rubber Market Revenues & Volume, By Halo Butyl Rubber, 2021-2031F |
6.1.5 Thailand Butyl Rubber Market Revenues & Volume, By Bromo-Butyl Rubber, 2021-2031F |
6.1.6 Thailand Butyl Rubber Market Revenues & Volume, By Chloro-Butyl Rubber, 2021-2031F |
6.2 Thailand Butyl Rubber Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Thailand Butyl Rubber Market Revenues & Volume, By Tires & Tubes, 2021-2031F |
6.2.3 Thailand Butyl Rubber Market Revenues & Volume, By Pharmaceuticals, 2021-2031F |
6.2.4 Thailand Butyl Rubber Market Revenues & Volume, By Adhesives & Sealants, 2021-2031F |
6.2.5 Thailand Butyl Rubber Market Revenues & Volume, By Automotive, 2021-2031F |
6.2.6 Thailand Butyl Rubber Market Revenues & Volume, By Others, 2021-2031F |
7 Thailand Butyl Rubber Market Import-Export Trade Statistics |
7.1 Thailand Butyl Rubber Market Export to Major Countries |
7.2 Thailand Butyl Rubber Market Imports from Major Countries |
8 Thailand Butyl Rubber Market Key Performance Indicators |
8.1 Average selling price of butyl rubber in Thailand |
8.2 Capacity utilization rate of butyl rubber manufacturing plants in the country |
8.3 Research and development investment in new butyl rubber technologies |
9 Thailand Butyl Rubber Market - Opportunity Assessment |
9.1 Thailand Butyl Rubber Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 Thailand Butyl Rubber Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Thailand Butyl Rubber Market - Competitive Landscape |
10.1 Thailand Butyl Rubber Market Revenue Share, By Companies, 2024 |
10.2 Thailand Butyl Rubber Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
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