The import of Isobutene-Isoprene (Butyl) Rubber (IIR) to China is projected to grow steadily from 2024 through 2028, with imports in 2028 expected to reach 72.989 million kilograms. Compared to 2023, this shows a positive trend, reassuring China's automotive and manufacturing sectors that rely heavily on this material. Year-on-year growth remains consistent, averaging an approximate 1.75% increase per year over this period. This steady rise indicates a stable demand within China's market.
Future trends to watch for include:
- Potential impacts of global trade policies on import levels.
- Technological advancements increasing domestic production capabilities, potentially reducing import dependencies.
- Shifts in demand due to changes in China's automotive or manufacturing sectors.