Report

Global Polyisobutylene Market Size study, By Product Outlook, By Application Outlook, and Regional Forecasts 2021-2027

  • Publish Date: Mar,2022
  • Report ID: QI037
  • Page : 250
  • Report Type : PDF (Email)
Global Polyisobutylene Market is valued at approximately USD 1.87 billion in 2020 and is anticipated to grow with a healthy growth rate of more than 4.0 % over the forecast period 2021-2027. Polyisobutylene is basically a rubber which possesses high resistance to oxidative and thermal degradation. It is chemically inert and impermeable to water vapor or gas. Polyisobutylene is used as modifier in different types of sealants and adhesives. Rising investment in automotive industry push the market growth of global polyisobutylene. For Instance, according to India brand equity foundation, in 2021, Indian automobiles exports is estimated to stood at 1,419,430 units. It states that the total production volume of three wheelers two wheelers and quadricycles reached to 1,693,639 units. According to International energy agency (IEA), the sales of electric cars topped globally by 2.1 million in 2019. Technological innovation such as electrification, tubeless tires etc. are expanding significantly which enhances the market growth of polyisobutylene. Growing demand and adoption for lubricant additives enhances the market growth of polyisobutylene. However, Strict environmental laws impede the growth of the market over the forecast period of 2021-2027. Also, growth of telecommunication industry is likely to increase the market growth during the forecast period.

The regional analysis of the global Polyisobutylene Market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. Asia Pacific is the significant region across the world in terms of market share owing to increasing demand for industries such as automotive, aerospace, construction and cosmetics. Whereas, Europe is also anticipated to exhibit the highest growth rate over the forecast period 2021-2027. Factors such as use of polyisobutylene in sealant formulations, as hot melt sealants in double glazed windows, and the increasing investment in construction industry would create lucrative growth prospects for the Polyisobutylene Market across Asia-Pacific region.

Major market players included in this report are:
BASF SE
Daelim Co., Ltd.
TPC Group
INEOS
Kothari Petrochemicals
Braskem
Lubrizol
ENEOS Corporation
Zhejiang Shunda New Material Co., Ltd.
Shandong Hongrui New Material Technology Co., Ltd.

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Product Outlook:
High Molecular Weight
Medium Molecular Weight
Low Molecular Weight
By Application Outlook :
Adhesives & Sealants
Automotive Rubber Components
Fuel Additives
Lubricant Additives
Others
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE

Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World

Furthermore, years considered for the study are as follows:

Historical year - 2018, 2019
Base year - 2020
Forecast period - 2021 to 2027

Target Audience of the Global Polyisobutylene Market in Market Study:

Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors

Companies Mentioned

BASF SE
Daelim Co., Ltd.
TPC Group
INEOS
Kothari Petrochemicals
Braskem
Lubrizol
ENEOS Corporation
Zhejiang Shunda New Material Co., Ltd.
Shandong Hongrui New Material Technology Co., Ltd.