It makes inner tubes of various tires, inner liners of tubeless tires and various sealing gaskets. It is used as lining, pipeline and conveyor belt for container containing corrosive liquid in chemical industry and as waterproof material in agriculture.
In 2020, China's consumption of butyl rubber will be nearly 1.5 million tons, while domestic butyl rubber will be less than 30000 tons, 80% of which will depend on imports. From 2017 to 2020, the average annual growth rate of imports will reach 26.9%. As a result, the international oil market prices continue to rise, butyl rubber prices are also rising. In recent years, the price of butyl rubber has increased from 19000 yuan / T to 32000 yuan / T. Although the price of butyl rubber products has increased, the overall price increase rate is less than 30%, which is far behind the doubling of the price of butyl rubber. So many enterprises using butyl rubber turn to the best substitute of butyl rubber - butyl reclaimed rubber.