The import of Isobutene-Isoprene (Butyl) Rubber (IIR) to the UAE has shown a rising trend. In 2023, actual imports stood at 3.65 million kilograms. Forecasts for 2024 to 2028 exhibit positive growth each year, starting from 3.8277 million kilograms in 2024 to 4.59 million kilograms in 2028. Year-on-year variations indicate an increase of approximately 5.14% from 2024 to 2025, 4.78% from 2025 to 2026, 4.48% from 2026 to 2027, and 4.19% from 2027 to 2028. The compound annual growth rate (CAGR) over the five-year forecast period is around 4.52%.
Future trends to watch for include advancements in the automotive industry, emerging alternative materials, and global trade policies that may impact the demand and supply chain of IIR. Monitoring technological advancements and environmental regulations will be crucial in understanding the market dynamics.
