Polyisobutylene Market Size, Growth & Forecast to 2028
[Research Report] The polyisobutylene market was valued at US$ 2,871.14 million in 2021 and is projected to reach US$ 3,891.16 million by 2028; it is expected to grow at a CAGR of 4.4% from 2021 to 2028.
Polyisobutylene (PIB) is an elastomer or a synthetic rubber. By molecular weight, the market is segmented into low, medium, and high. It is a versatile, non-toxic, and water-white viscous liquid. Polyisobutylene can increase tackiness, provide water-repellency, improve viscosity-index, and provide excellent electrical insulation.
In 2020, North America held the largest revenue share of the global polyisobutylene market. Rising demands from various applications, such as transportation, agrochemical, electrical, and adhesive, drive the growth of the market in North America. Polyisobutylene is increasingly utilized in the transportation, food, and construction industries as it offers low gas permeability, excellent tensile strength, high chemical resistance, and increased stiffness.
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Polyisobutylene Market: Strategic Insights
Market Size Value in US$ 2,871.14 million in 2021 Market Size Value by US$ 3,891.16 million by 2028 Growth rate CAGR of 4.4% from 2021 to 2028 Forecast Period 2021-2028 Base Year 2021
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Polyisobutylene Market: Strategic Insights
| Market Size Value in | US$ 2,871.14 million in 2021 |
| Market Size Value by | US$ 3,891.16 million by 2028 |
| Growth rate | CAGR of 4.4% from 2021 to 2028 |
| Forecast Period | 2021-2028 |
| Base Year | 2021 |
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Impact of COVID-19 Pandemic on Polyisobutylene Market
The COVID-19 pandemic drastically altered the status of the chemicals & materials sector and negatively impacted the growth of the polyisobutylene market.The global chemical & materials industry is one of the major industries suffering serious disruptions of the pandemic, such as supply chain breaks, technology events cancellations, and office shutdowns. The global travel bans imposed by countries in Europe, Asia, and North America are affecting the business collaborations and partnerships opportunities. All these factors are anticipated to affect the electronics and chemical & materials industry in a negative manner, which hinders the growth of various markets related to these industries. However, as the economies are planning to revive their operations, the demand for polyisobutylene is expected to rise globally. The demand for polyisobutylene from the downstream industrial lubes and lube additives sectors has started rising with the resumption of business activities and the lifting of lockdown measures globally. Market Insights
Automotive Industry to Fuel Market Growth During Forecast Period
For the automotive industry, performance of engines to perform their daily functions is important. The automotive industry has been the key market for several types of fuel additives for many years. The share for automobiles has continuously been higher than that of the other fuel additives market segment due to the lack of efficient fossil fuel alternatives and an increasing middle-class economy. The relative importance of aviation for fuel additives has boosted in recent years, ultimately mounting the demand for polyisobutylene.
Application Insights
Based on application, the global polyisobutylene market is segmented into tires, industrial lubes and lube additives, fuel additives, adhesives and sealants, and others. The industrial lubes and lube additives segment held the largest share of the market in 2020. Polyisobutylene (PIB) reacts with maleic anhydride to form polyisobutenyl- succinic-anhydride (PIBSA), a basic building block for dispersants in lube oils and detergents in fuels. Its other variant polyisobutylene-succinimide (PIBSI) derived from polyisobutylene (PIB) acts as an antioxidant emulsifier in soluble metalworking fluids and a lube additive building block. PIB also burn cleaner, making them ideal for use in two-stroke engines oils and marine applications where lubricants are subjected to harsh blow-by gases from huge diesel engines.
BASF SE, Braskem S.A., Daelim Industrial Petrochemical Division, Ineos AG, Infineum International Limited., Kothari Petrochemicals., Sibur Holding PJSC, Kemat Polybutenes, The Lubrizol Corporation, and TPC Group are among the key players in the global polyisobutylene market. Players operating in the market are highly focused on developing high-quality and innovative product offerings to fulfill the customer's requirements.
Polyisobutylene Market Report Scope
Report Spotlights
- Progressive industry trends in the polyisobutylene market to help players develop effective long-term strategies
- Business growth strategies adopted by developed and developing markets
- Quantitative analysis of the polyisobutylene market from 2019 to 2028
- Estimation of global demand for polyisobutylene
- Porter's Five Forces analysis to illustrate the efficacy of buyers and suppliers operating in the industry
- Recent developments to understand the competitive market scenario
- Market trends and outlook, as well as factors driving and restraining the growth of the polyisobutylene market
- Assistance in the decision-making process by highlighting market strategies that underpin commercial interest, leading to the market growth
- The size of the polyisobutylene market size at various nodes
- Detailed overview and segmentation of the market, as well as the polyisobutylene industry dynamics
- Size of the polyisobutylene market in various regions with promising growth opportunities
Polyisobutylene Market
By Molecular Weight
- Low
- Medium
- High
- Product
- Conventional PIB
- Highly Reactive PIB
Application
- Tires
- Industrial Lubes and Lube Additives
- Fuel Additives
- Adhesives and Sealants
- Others
End-Use Industry
- Industrial
- Food
- Others
Company Profiles
- BASF SE
- Braskem S.A.
- Daelim Industrial Petrochemical Division
- Ineos AG
- Infineum International Limited.
- Kemat Polybutenes
- Kothari Petrochemicals
- Sibur Holding PJSC
- The Lubrizol Corporation
- TPC Group
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
Molecular Weight, Product, Application, and End-Use Industry
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
Argentina, Brazil, Canada, China, France, Germany, India, Italy, Japan, Mexico, Saudi Arabia, South Africa, South Korea, United Arab Emirates, United Kingdom, United States
Frequently Asked Questions
Polyisobutylene (PIB) are also used as substitutes for bright stock owing to their advantages such as better viscosity indices and more oxidative and hydrolytic stability. PIB also burn cleaner, making them ideal for use in two-stroke engines oils and marine applications where lubricants are subjected to harsh blow-by gases from huge diesel engines. PIBs are often used in industrial gear oils and have long been used as thickeners in automotive gear oils. The ubiquitous use of polyisobutylene in industrial gear oils is expected to have a positive influence on the polyisobutylene industry.
The major players operating in the global polyisobutylene market are BASF SE, Braskem SA, Daelim Industrial Petrochemical Division, Ineos AG, Infineum International Limited, Kemat Polybutenes, Kothari Petrochemicals, Sibur Holding PJSC, The Lubrizol Corporation, and TPC Group; among many others.
In 2018, the polyisobutylene market was predominant in North America at the global level. North America region has a well-established automotive and transport industry. The increase in the production of automotive propels the demand for polyisobutylene. Therefore, increased demand for automobiles and infrastructure developments in the US and Canada are expected to fuel the polyisobutylene market during the forecast period.
1. Introduction
1.1 Study Scope
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation
2. Key Takeaways
3. Research Methodology
3.1 Scope of the Study
3.2 Research Methodology
3.2.1 Data Collection:
3.2.2 Primary Interviews:
3.2.3 Hypothesis formulation:
3.2.4 Macro-economic factor analysis:
3.2.5 Developing base number:
3.2.6 Data Triangulation:
3.2.7 Country level data:
4. Polyisobutylene (PIB) Market Landscape
4.1 Market Overview
4.2 PEST Analysis
4.2.1 North America
4.2.2 Europe
4.2.3 APAC
4.2.4 MEA
4.2.5 SAM
4.3 Expert Opinion
5. Polyisobutylene (PIB) Market –Market Dynamics
5.1 Market Drivers
5.2 Market Restraints
5.2.1 Environmental impact and presence of alternatives/substitutes to hamper the market growth
5.3 Market Opportunities
5.3.1 Growing Demand for PIB From Developed and Developing Economies
5.4 Future Trends
5.4.1 Growing Demand For Polyisobutylene in Food Industry
5.5 Impact Analysis of Drivers and Restraints
6. Polyisobutylene (PIB)– Global Market Analysis
6.1 Polyisobutylene (PIB) Market Overview
6.2 Polyisobutylene (PIB) Market –Revenue and Forecast to 2028 (US$ Mn)
6.3 Competitive Positioning: Key Market Players
7. Global Polyisobutylene Market Analysis – By Molecular Weight
7.1 Overview
7.2 Polyisobutylene Market Breakdown, By Molecular Weight, 2020 &2028
7.3 Low Molecular Weight
7.3.1 Overview
7.3.2 Low Molecular Weight in Polyisobutylene Market, Revenue Forecast to 2028 (US$ Mn)
7.4 Medium Molecular Weight
7.4.1 Overview
7.4.2 Medium Molecular Weight in Polyisobutylene Market, Revenue and Forecast to 2028 (US$ Mn)
7.5 High Molecular Weight
7.5.1 Overview
7.5.2 High Molecular Weight in Polyisobutylene Market, Revenue and Forecast to 2028 (US$ Mn)
8. Global Polyisobutylene Market Analysis – By Product
8.1 Overview
8.2 Global Polyisobutylene Market Breakdown, By Product, 2020 &2028
8.3 Conventional PIB
8.3.1 Overview
8.3.2 Global Polyisobutylene Market Revenue Via Conventional PIB Revenue and Forecast, to 2028 (US$ Mn)
8.4 Highly Reactive PIB
8.4.1 Overview
8.4.2 Global Polyisobutylene Market Revenue Via Highly Reactive PIB Revenue and Forecast, to 2028 (US$ Mn)
9. Polyisobutylene (PIB) Market Analysis – By Application
9.1 Overview
9.2 Polyisobutylene (PIB) Market Share, by Application, 2019 and 2028 (%)
9.3 Tires
9.3.1 Overview
9.3.2 Tires: Polyisobutylene (PIB) Market– Revenue and Forecast to 2028 (US$ Mn)
9.3.3 Industrial Lubes and Lube Additives
9.3.3.1 Overview
9.3.3.2 Industrial Lubes and Lube Additives -: Polyisobutylene (PIB) Market– Revenue and Forecast to 2028 (US$ Mn)
9.3.4 Fuel Additives
9.3.4.1 Overview
9.3.4.2 Fuel Additives -: Polyisobutylene (PIB) Market– Revenue and Forecast to 2028 (US$ Mn)
9.3.5 Adhesives and Sealants
9.3.5.1 Overview
9.3.5.2 Adhesives and Sealants -: Polyisobutylene (PIB) Market– Revenue and Forecast to 2028 (US$ Mn)
9.3.6 Others
9.3.6.1 Overview
9.3.6.2 Others -: Polyisobutylene (PIB) Market– Revenue and Forecast to 2028 (US$ Mn)
10. Polyisobutylene (PIB) Market Analysis – By End-Use Industry
10.1 Overview
10.2 Polyisobutylene (PIB) Market Share, by End-Use Industry, 2020 and 2028 (%)
10.3 Industrial
10.3.1 Overview
10.3.2 Industrial: Polyisobutylene (PIB) Market– Revenue and Forecast to 2028 (US$ Mn)
10.4 Food
10.4.1 Overview
10.4.2 Food: Polyisobutylene (PIB) Market– Revenue and Forecast to 2028 (US$ Mn)
10.5 Others
10.5.1 Overview
10.5.2 Other: Polyisobutylene (PIB) Market– Revenue and Forecast to 2028 (US$ Mn)
11. Polyisobutylene Market – Geographic Analysis
11.1 Overview
11.2 North America: Polyisobutylene Market
11.2.1 North America: Polyisobutylene Market –Revenue and Forecast to 2028(US$ Mn)
11.2.2 North America: Polyisobutylene Market, Molecular Weight
11.2.3 North America: Polyisobutylene Market, Product
11.2.4 North America: Polyisobutylene Market, Application
11.2.5 North America: Polyisobutylene Market, End-User Industry
11.2.6 North America: Polyisobutylene Market, by Key Country
11.2.6.1 US: Polyisobutylene Market –Revenue and Forecast to 2028 (US$ Mn)
11.2.6.1.1 US: Polyisobutylene Market, Molecular Weight
11.2.6.1.2 US: Polyisobutylene Market, Product
11.2.6.1.3 US: Polyisobutylene Market, Application
11.2.6.1.4 US: Polyisobutylene Market, End-User Industry
11.2.6.2 Canada: Polyisobutylene Market –Revenue and Forecast to 2028 (US$ Mn)
11.2.6.2.1 Canada: Polyisobutylene Market, Molecular Weight
11.2.6.2.2 Canada: Polyisobutylene Market, Product
11.2.6.2.3 Canada: Polyisobutylene Market, Application
11.2.6.2.4 Canada: Polyisobutylene Market, End-User Industry
11.2.6.3 Mexico: Polyisobutylene Market –Revenue and Forecast to 2028 (US$ Mn)
11.2.6.3.1 Mexico: Polyisobutylene Market, Molecular Weight
11.2.6.3.2 Mexico: Polyisobutylene Market, Product
11.2.6.3.3 Mexico: Polyisobutylene Market, Application
11.2.6.3.4 Mexico: Polyisobutylene Market, End-User Industry
11.3 Europe: Polyisobutylene Market
11.3.1 Europe: Polyisobutylene Market –Revenue and Forecast to 2028(US$ Mn)
11.3.2 Europe: Polyisobutylene Market, Molecular Weight
11.3.3 Europe: Polyisobutylene Market, Product
11.3.4 Europe: Polyisobutylene Market, Application
11.3.5 Europe: Polyisobutylene Market, End-User Industry
11.3.6 Europe: Polyisobutylene Market, by Key Country
11.3.6.1 Germany: Polyisobutylene Market –Revenue and Forecast to 2028 (US$ Mn)
11.3.6.1.1 Germany: Polyisobutylene Market, Molecular Weight
11.3.6.1.2 Germany: Polyisobutylene Market, Product
11.3.6.1.3 Germany: Polyisobutylene Market, Application
11.3.6.1.4 Germany: Polyisobutylene Market, End-User Industry
11.3.6.2 France: Polyisobutylene Market –Revenue and Forecast to 2028 (US$ Mn)
11.3.6.2.1 France: Polyisobutylene Market, Molecular Weight
11.3.6.2.2 France: Polyisobutylene Market, Product
11.3.6.2.3 France: Polyisobutylene Market, Application
11.3.6.2.4 France: Polyisobutylene Market, End-User Industry
11.3.6.3 Italy: Polyisobutylene Market –Revenue and Forecast to 2028 (US$ Mn)
11.3.6.3.1 Italy: Polyisobutylene Market, Molecular Weight
11.3.6.3.2 Italy: Polyisobutylene Market, Product
11.3.6.3.3 Italy: Polyisobutylene Market, Application
11.3.6.3.4 Italy: Polyisobutylene Market, End-User Industry
11.3.6.4 UK: Polyisobutylene Market –Revenue and Forecast to 2028 (US$ Mn)
11.3.6.4.1 UK: Polyisobutylene Market, Molecular Weight
11.3.6.4.2 UK: Polyisobutylene Market, Product
11.3.6.4.3 UK: Polyisobutylene Market, Application
11.3.6.4.4 UK: Polyisobutylene Market, End-User Industry
11.3.6.5 Rest of Europe: Polyisobutylene Market –Revenue and Forecast to 2028 (US$ Mn)
11.3.6.5.1 Rest of Europe: Polyisobutylene Market, Molecular Weight
11.3.6.5.2 Rest of Europe: Polyisobutylene Market, Product
11.3.6.5.3 Rest of Europe: Polyisobutylene Market, Application
11.3.6.5.4 Rest of Europe: Polyisobutylene Market, End-User Industry
11.4 Asia Pacific: Polyisobutylene Market
11.4.1 Asia Pacific: Polyisobutylene Market – Revenue and Forecast to 2028(US$ Mn)
11.4.2 Asia Pacific: Polyisobutylene Market, Molecular Weight
11.4.3 Asia Pacific: Polyisobutylene Market, Product
11.4.4 Asia Pacific: Polyisobutylene Market, Application
11.4.5 Asia Pacific: Polyisobutylene Market, End-User Industry
11.4.6 Asia Pacific: Polyisobutylene Market, by Key Country
11.4.6.1 China: Polyisobutylene Market –Revenue and Forecast to 2028 (US$ Mn)
11.4.6.1.1 China: Polyisobutylene Market, Molecular Weight
11.4.6.1.2 China: Polyisobutylene Market, Product
11.4.6.1.3 China: Polyisobutylene Market, Application
11.4.6.1.4 China: Polyisobutylene Market, End-User Industry
11.4.6.2 Japan: Polyisobutylene Market –Revenue and Forecast to 2028 (US$ Mn)
11.4.6.2.1 Japan: Polyisobutylene Market, Molecular Weight
11.4.6.2.2 Japan: Polyisobutylene Market, Product
11.4.6.2.3 Japan: Polyisobutylene Market, Application
11.4.6.2.4 Japan: Polyisobutylene Market, End-User Industry
11.4.6.3 India: Polyisobutylene Market –Revenue and Forecast to 2028 (US$ Mn)
11.4.6.3.1 India: Polyisobutylene Market, Molecular Weight
11.4.6.3.2 India: Polyisobutylene Market, Product
11.4.6.3.3 India: Polyisobutylene Market, Application
11.4.6.3.4 India: Polyisobutylene Market, End-User Industry
11.4.6.4 South Korea: Polyisobutylene Market –Revenue and Forecast to 2028 (US$ Mn)
11.4.6.4.1 South Korea: Polyisobutylene Market, Molecular Weight
11.4.6.4.2 South Korea: Polyisobutylene Market, Product
11.4.6.4.3 South Korea: Polyisobutylene Market, Application
11.4.6.4.4 South Korea: Polyisobutylene Market, End-User Industry
11.4.6.5 Rest of Asia Pacific: Polyisobutylene Market –Revenue and Forecast to 2028 (US$ Mn)
11.4.6.5.1 Rest of Asia Pacific: Polyisobutylene Market, Molecular Weight
11.4.6.5.2 Rest of Asia Pacific: Polyisobutylene Market, Product
11.4.6.5.3 Rest of Asia Pacific: Polyisobutylene Market, Application
11.4.6.5.4 Rest of Asia Pacific: Polyisobutylene Market, End-User Industry
11.5 MEA: Polyisobutylene Market
11.5.1 MEA: Polyisobutylene Market – Revenue and Forecast to 2028(US$ Mn)
11.5.2 MEA: Polyisobutylene Market, Molecular Weight
11.5.3 MEA: Polyisobutylene Market, Product
11.5.4 MEA: Polyisobutylene Market, Application
11.5.5 MEA: Polyisobutylene Market, End-User Industry
11.5.6 MEA: Polyisobutylene Market, by Key Country
11.5.6.1 South Africa: Polyisobutylene Market –Revenue and Forecast to 2028 (US$ Mn)
11.5.6.1.1 South Africa: Polyisobutylene Market, Molecular Weight
11.5.6.1.2 South Africa: Polyisobutylene Market, Product
11.5.6.1.3 South Africa: Polyisobutylene Market, Application
11.5.6.1.4 South Africa: Polyisobutylene Market, End-User Industry
11.5.6.2 Saudi Arabia: Polyisobutylene Market –Revenue and Forecast to 2028 (US$ Mn)
11.5.6.2.1 Saudi Arabia: Polyisobutylene Market, Molecular Weight
11.5.6.2.2 Saudi Arabia: Polyisobutylene Market, Product
11.5.6.2.3 Saudi Arabia: Polyisobutylene Market, Application
11.5.6.2.4 Saudi Arabia: Polyisobutylene Market, End-User Industry
11.5.6.3 UAE: Polyisobutylene Market –Revenue and Forecast to 2028 (US$ Mn)
11.5.6.3.1 UAE: Polyisobutylene Market, Molecular Weight
11.5.6.3.2 UAE: Polyisobutylene Market, Product
11.5.6.3.3 UAE: Polyisobutylene Market, Application
11.5.6.3.4 UAE: Polyisobutylene Market, End-User Industry
11.5.6.4 Rest of MEA: Polyisobutylene Market –Revenue and Forecast to 2028 (US$ Mn)
11.5.6.4.1 Rest of MEA: Polyisobutylene Market, Molecular Weight
11.5.6.4.2 Rest of MEA: Polyisobutylene Market, Product
11.5.6.4.3 Rest of MEA: Polyisobutylene Market, Application
11.5.6.4.4 Rest of MEA: Polyisobutylene Market, End-User Industry
11.6 South America: Polyisobutylene Market
11.6.1 South America: Polyisobutylene Market –Revenue and Forecast to 2028(US$ Mn)
11.6.2 South America: Polyisobutylene Market, by Molecular Weight
11.6.3 South America: Polyisobutylene Market, by Product
11.6.4 South America: Polyisobutylene Market, by Application
11.6.5 South America: Polyisobutylene Market, by End-User Industry
11.6.6 South America: Polyisobutylene Market, by Key Country
11.6.6.1 Brazil: Polyisobutylene Market –Revenue and Forecast to 2028 (US$ Mn)
11.6.6.1.1 Brazil: Polyisobutylene Market, Molecular Weight
11.6.6.1.2 Brazil: Polyisobutylene Market, Product
11.6.6.1.3 Brazil: Polyisobutylene Market, Application
11.6.6.1.4 Brazil: Polyisobutylene Market, by End-User Industry
11.6.6.2 Argentina: Polyisobutylene Market –Revenue and Forecast to 2028 (US$ Mn)
11.6.6.2.1 Argentina: Polyisobutylene Market, Molecular Weight
11.6.6.2.2 Argentina: Polyisobutylene Market, Product
11.6.6.2.3 Argentina: Polyisobutylene Market, Application
11.6.6.2.4 Argentina: Polyisobutylene Market, by End-User Industry
11.6.6.3 Rest of South America: Polyisobutylene Market –Revenue and Forecast to 2028 (US$ Mn)
11.6.6.3.1 Rest of South America: Polyisobutylene Market, Molecular Weight
11.6.6.3.2 Rest of South America: Polyisobutylene Market, Product
11.6.6.3.3 Rest of South America: Polyisobutylene Market, Application
11.6.6.3.4 Rest of South America: Polyisobutylene Market, by End-User Industry
12. Overview- Impact of COVID-19 Outbreak
13. Impact of COVID-19 Pandemic on Global Polyisobutylene Market
13.1 North America: Impact Assessment of COVID-19 Pandemic
13.2 Europe: Impact Assessment of COVID-19 Pandemic
13.3 Asia-Pacific: Impact Assessment of COVID-19 Pandemic
13.4 Middle East and Africa: Impact Assessment of COVID-19 Pandemic
13.5 South America: Impact Assessment of COVID-19 Pandemic
14. Industry Landscape
14.1 Expansion
14.2 Business Planning and Strategy
15. Polyisobutylene (PIB) Market –Company Profiles
15.1 BASF SE
15.1.1 Key Facts
15.1.2 Business Description
15.1.3 Products and Services
15.1.4 Financial Overview
15.1.5 SWOT Analysis
15.1.6 Key Developments
15.2 Braskem SA
15.2.1 Key Facts
15.2.2 Business Description
15.2.3 Products
15.2.4 Financial Overview
15.2.5 SWOT Analysis
15.3 Daelim Industrial Petrochemical Division
15.3.1 Key Facts
15.3.2 Business Description
15.3.3 Products and Services
15.3.4 Financial Overview
15.3.5 SWOT Analysis
15.3.6 Key Developments
15.4 Ineos AG
15.4.1 Key Facts
15.4.2 Business Description
15.4.3 Products and Services
15.4.4 Financial Overview
15.4.5 SWOT Analysis
15.5 Infineum International Limited
15.5.1 Key Facts
15.5.2 Business Description
15.5.3 Products and Services
15.5.4 Financial Overview
15.5.5 SWOT Analysis
15.6 Kemat Polybutenes
15.6.1 Key Facts
15.6.2 Business Description
15.6.3 Products and Services
15.6.4 Financial Overview
15.6.5 SWOT Analysis
15.7 Kothari Petrochemicals
15.7.1 Key Facts
15.7.2 Business Description
15.7.3 Products
15.7.4 Financial Overview
15.7.5 SWOT Analysis
15.8 Sibur Holding PJSC
15.8.1 Key Facts
15.8.2 Business Description
15.8.3 Products
15.8.4 Financial Overview
15.8.5 SWOT Analysis
15.9 The Lubrizol Corporation
15.9.1 Key Facts
15.9.2 Business Description
15.9.3 Products
15.9.4 Financial Overview
15.9.5 SWOT Analysis
15.10 TPC Group
15.10.1 Key Facts
15.10.2 Business Description
15.10.3 Products and Services
15.10.4 Financial Overview
15.10.5 SWOT Analysis
16. Appendix
16.1 About The Insight Partners
16.2 Glossary
LIST OF TABLES
Table 1. Polyisobutylene (PIB) Market –Revenue and Forecast to 2028 (US$ Mn)
Table 2. North America Polyisobutylene Market, Molecular Weight– Revenue and Forecast to 2028 (US$ Mn)
Table 3. North America Polyisobutylene Market, Product – Revenue and Forecast to 2028 (US$ Mn)
Table 4. North America Polyisobutylene Market, Application– Revenue and Forecast to 2028 (US$ Mn)
Table 5. North America Polyisobutylene Market, End-User Industry – Revenue and Forecast to 2028 (US$ Mn)
Table 6. US Polyisobutylene Market, Molecular Weight– Revenue and Forecast to 2028 (US$ Mn)
Table 7. US Polyisobutylene Market, Product – Revenue and Forecast to 2028 (US$ Mn)
Table 8. US Polyisobutylene Market, Application – Revenue and Forecast to 2028 (US$ Mn)
Table 9. US Polyisobutylene Market, End-User Industry – Revenue and Forecast to 2028 (US$ Mn)
Table 10. Canada Polyisobutylene Market, Molecular Weight– Revenue and Forecast to 2028 (US$ Mn)
Table 11. Canada Polyisobutylene Market, Product – Revenue and Forecast to 2028 (US$ Mn)
Table 12. Canada Polyisobutylene Market, Application– Revenue and Forecast to 2028 (US$ Mn)
Table 13. Canada Polyisobutylene Market, End-User Industry– Revenue and Forecast to 2028 (US$ Mn)
Table 14. Mexico Polyisobutylene Market, Molecular Weight– Revenue and Forecast to 2028 (US$ Mn)
Table 15. Mexico Polyisobutylene Market, Product – Revenue and Forecast to 2028 (US$ Mn)
Table 16. Mexico Polyisobutylene Market, Application – Revenue and Forecast to 2028 (US$ Mn)
Table 17. Mexico Polyisobutylene Market, End-User Industry – Revenue and Forecast to 2028 (US$ Mn)
Table 18. Europe Polyisobutylene Market, Molecular Weight– Revenue and Forecast to 2028 (US$ Mn)
Table 19. Europe Polyisobutylene Market, Product – Revenue and Forecast to 2028 (US$ Mn)
Table 20. Europe Polyisobutylene Market, Application – Revenue and Forecast to 2028 (US$ Mn)
Table 21. Europe Polyisobutylene Market, End-User Industry – Revenue and Forecast to 2028 (US$ Mn)
Table 22. Germany Polyisobutylene Market, Molecular Weight– Revenue and Forecast to 2028 (US$ Mn)
Table 23. Germany Polyisobutylene Market, Product – Revenue and Forecast to 2028 (US$ Mn)
Table 24. Germany Polyisobutylene Market, Application – Revenue and Forecast to 2028 (US$ Mn)
Table 25. Germany Polyisobutylene Market, End-User Industry– Revenue and Forecast to 2028 (US$ Mn)
Table 26. France Polyisobutylene Market, Molecular Weight– Revenue and Forecast to 2028 (US$ Mn)
Table 27. France Polyisobutylene Market, Product – Revenue and Forecast to 2028 (US$ Mn)
Table 28. France Polyisobutylene Market, Application– Revenue and Forecast to 2028 (US$ Mn)
Table 29. France Polyisobutylene Market, End-User Industry– Revenue and Forecast to 2028 (US$ Mn)
Table 30. Italy Polyisobutylene Market, Molecular Weight– Revenue and Forecast to 2028 (US$ Mn)
Table 31. Italy Polyisobutylene Market, Product – Revenue and Forecast to 2028 (US$ Mn)
Table 32. Italy Polyisobutylene Market, Application – Revenue and Forecast to 2028 (US$ Mn)
Table 33. Italy Polyisobutylene Market, End-User Industry– Revenue and Forecast to 2028 (US$ Mn)
Table 34. UK Polyisobutylene Market, Molecular Weight– Revenue and Forecast to 2028 (US$ Mn)
Table 35. UK Polyisobutylene Market, Product – Revenue and Forecast to 2028 (US$ Mn)
Table 36. UK Polyisobutylene Market, Application – Revenue and Forecast to 2028 (US$ Mn)
Table 37. UK Polyisobutylene Market, End-User Industry– Revenue and Forecast to 2028 (US$ Mn)
Table 38. Rest of Europe Polyisobutylene Market, Molecular Weight – Revenue and Forecast to 2028 (US$ Mn)
Table 39. Rest of Europe Polyisobutylene Market, Product – Revenue and Forecast to 2028 (US$ Mn)
Table 40. Rest of Europe Polyisobutylene Market, Application – Revenue and Forecast to 2028 (US$ Mn)
Table 41. Rest of Europe Polyisobutylene Market, End-User Industry– Revenue and Forecast to 2028 (US$ Mn)
Table 42. Asia Pacific Polyisobutylene Market, Molecular Weight– Revenue and Forecast to 2028 (US$ Mn)
Table 43. Asia Pacific Polyisobutylene Market, Product – Revenue and Forecast to 2028 (US$ Mn)
Table 44. Asia Pacific Polyisobutylene Market, Application – Revenue and Forecast to 2028 (US$ Mn)
Table 45. Asia Pacific Polyisobutylene Market, End-User Industry – Revenue and Forecast to 2028 (US$ Mn)
Table 46. China Polyisobutylene Market, Molecular Weight – Revenue and Forecast to 2028 (US$ Mn)
Table 47. China Polyisobutylene Market, Product – Revenue and Forecast to 2028 (US$ Mn)
Table 48. China Polyisobutylene Market, Application – Revenue and Forecast to 2028 (US$ Mn)
Table 49. China Polyisobutylene Market, End-User Industry – Revenue and Forecast to 2028 (US$ Mn)
Table 50. Japan Polyisobutylene Market, Molecular Weight– Revenue and Forecast to 2028 (US$ Mn)
Table 51. Japan Polyisobutylene Market, Product – Revenue and Forecast to 2028 (US$ Mn)
Table 52. Japan Polyisobutylene Market, Application – Revenue and Forecast to 2028 (US$ Mn)
Table 53. Japan Polyisobutylene Market, End-User Industry – Revenue and Forecast to 2028 (US$ Mn)
Table 54. India Polyisobutylene Market, Molecular Weight– Revenue and Forecast to 2028 (US$ Mn)
Table 55. India Polyisobutylene Market, Product – Revenue and Forecast to 2028 (US$ Mn)
Table 56. India Polyisobutylene Market, Application – Revenue and Forecast to 2028 (US$ Mn)
Table 57. India Polyisobutylene Market, End-User Industry – Revenue and Forecast to 2028 (US$ Mn)
Table 58. South Korea Polyisobutylene Market, Molecular Weight– Revenue and Forecast to 2028 (US$ Mn)
Table 59. South Korea Polyisobutylene Market, Product – Revenue and Forecast to 2028 (US$ Mn)
Table 60. South Korea Polyisobutylene Market, Application – Revenue and Forecast to 2028 (US$ Mn)
Table 61. South Korea Polyisobutylene Market, End-User Industry – Revenue and Forecast to 2028 (US$ Mn)
Table 62. Rest of Asia Pacific Polyisobutylene Market, Molecular Weight– Revenue and Forecast to 2028 (US$ Mn)
Table 63. Rest of Asia Pacific Polyisobutylene Market, Product – Revenue and Forecast to 2028 (US$ Mn)
Table 64. Rest of Asia Pacific Polyisobutylene Market, Application – Revenue and Forecast to 2028 (US$ Mn)
Table 65. Rest of Asia Pacific Polyisobutylene Market, End-User Industry – Revenue and Forecast to 2028 (US$ Mn)
Table 66. MEA Polyisobutylene Market, Molecular Weight – Revenue and Forecast to 2028 (US$ Mn)
Table 67. MEA Polyisobutylene Market, Product– Revenue and Forecast to 2028 (US$ Mn)
Table 68. MEA Polyisobutylene Market, Application– Revenue and Forecast to 2028 (US$ Mn)
Table 69. MEA Polyisobutylene Market, End-User Industry – Revenue and Forecast to 2028 (US$ Mn)
Table 70. South Africa Polyisobutylene Market, Molecular Weight – Revenue and Forecast to 2028 (US$ Mn)
Table 71. South Africa Polyisobutylene Market, Product – Revenue and Forecast to 2028 (US$ Mn)
Table 72. South Africa Polyisobutylene Market, Application – Revenue and Forecast to 2028 (US$ Mn)
Table 73. South Africa Polyisobutylene Market, End-User Industry – Revenue and Forecast to 2028 (US$ Mn)
Table 74. Saudi Arabia Polyisobutylene Market, Molecular Weight – Revenue and Forecast to 2028 (US$ Mn)*+
Table 75. Saudi Arabia Polyisobutylene Market, Product – Revenue and Forecast to 2028 (US$ Mn)
Table 76. Saudi Arabia Polyisobutylene Market, Application – Revenue and Forecast to 2028 (US$ Mn)
Table 77. Saudi Arabia Polyisobutylene Market, End-User Industry – Revenue and Forecast to 2028 (US$ Mn)
Table 78. UAE Polyisobutylene Market, Molecular Weight – Revenue and Forecast to 2028 (US$ Mn)
Table 79. UAE Polyisobutylene Market, Product – Revenue and Forecast to 2028 (US$ Mn)
Table 80. UAE Polyisobutylene Market, Application – Revenue and Forecast to 2028 (US$ Mn)
Table 81. UAE Polyisobutylene Market, End-User Industry – Revenue and Forecast to 2028 (US$ Mn)
Table 82. Rest of MEA Polyisobutylene Market, Molecular Weight – Revenue and Forecast to 2028 (US$ Mn)
Table 83. Rest of MEA Polyisobutylene Market, Product – Revenue and Forecast to 2028 (US$ Mn)
Table 84. Rest of MEA Polyisobutylene Market, Application – Revenue and Forecast to 2028 (US$ Mn)
Table 85. Rest of MEA Polyisobutylene Market, End-User Industry – Revenue and Forecast to 2028 (US$ Mn)
Table 86. South America Polyisobutylene Market, by Molecular Weight– Revenue and Forecast to 2028 (US$ Mn)
Table 87. South America Polyisobutylene Market, by Product – Revenue and Forecast to 2028 (US$ Mn)
Table 88. South America Polyisobutylene Market, by Application – Revenue and Forecast to 2028 (US$ Mn)
Table 89. South America Polyisobutylene Market, by End-User Industry– Revenue and Forecast to 2028 (US$ Mn)
Table 90. Brazil Polyisobutylene Market, Molecular Weight – Revenue and Forecast to 2028 (US$ Mn)
Table 91. Brazil Polyisobutylene Market, Product – Revenue and Forecast to 2028 (US$ Mn)
Table 92. Brazil Polyisobutylene Market, Application – Revenue and Forecast to 2028 (US$ Mn)
Table 93. Brazil Polyisobutylene Market, by End-User Industry – Revenue and Forecast to 2028 (US$ Mn)
Table 94. Argentina Polyisobutylene Market, Molecular Weight – Revenue and Forecast to 2028 (US$ Mn)
Table 95. Argentina Polyisobutylene Market, Product – Revenue and Forecast to 2028 (US$ Mn)
Table 96. Argentina Polyisobutylene Market, Application – Revenue and Forecast to 2028 (US$ Mn)
Table 97. Argentina Polyisobutylene Market, by End-User Industry– Revenue and Forecast to 2028 (US$ Mn)
Table 98. Rest of South America Polyisobutylene Market, Molecular Weight – Revenue and Forecast to 2028 (US$ Mn)
Table 99. Rest of South America Polyisobutylene Market, Product – Revenue and Forecast to 2028 (US$ Mn)
Table 100. Rest of South America Polyisobutylene Market, Application – Revenue and Forecast to 2028 (US$ Mn)
Table 101. Rest of South America Polyisobutylene Market, by End-User Industry– Revenue and Forecast to 2028 (US$ Mn)
Table 102. Glossary of Terms, Global Polyisobutylene Market
LIST OF FIGURES
Figure 1. Polyisobutylene (PIB) Market Segmentation
Figure 2. Polyisobutylene (PIB) Market Segmentation – By Geography
Figure 3. Global Polyisobutylene (PIB) Market Overview
Figure 4. The Highly Reactive (PIB) Segment Held Largest Share of Global Polyisobutylene (PIB) Market By Product
Figure 5. North America Region Held Largest Share of Global Polyisobutylene (PIB) Market
Figure 6. Global Polyisobutylene (PIB) Market, Industry Landscape
Figure 7. North America PEST Analysis
Figure 8. Europe – PEST Analysis
Figure 9. APAC: PEST Analysis
Figure 10. MEA: PEST Analysis
Figure 11. SAM: PEST Analysis
Figure 12. Expert Opinion
Figure 13. Polyisobutylene (PIB) Market Impact Analysis of Drivers And Restraints
Figure 14. Geographic Overview of Polyisobutylene (PIB) Market
Figure 15. Polyisobutylene (PIB) Market – Revenue and Forecast to 2028 (US$ Mn)
Figure 16. Polyisobutylene Market Breakdown, by Molecular Weight, 2020 &2028 (%)
Figure 17. Low Molecular Weight in Polyisobutylene Market, Revenue and Forecast, 2017–2028 (US$ Mn)
Figure 18. Medium Molecular Weight in Polyisobutylene Market, Revenue and Forecast, 2017–2028 (US$ Mn)
Figure 19. High Molecular Weight in Polyisobutylene Market, Revenue and Forecast, 2017–2028 (US$ Mn)
Figure 20. Global Polyisobutylene Market Breakdown By Product, 2020 &2028 (%)
Figure 21. Global Polyisobutylene Market Revenue Via Conventional PIB Forecast, to 2028 (US$ Mn)
Figure 22. Global Polyisobutylene Market Revenue Via Highly Reactive PIB Revenue and Forecasts to 2028 (US$ Mn)
Figure 23. Polyisobutylene (PIB) Market Share, by Application, 2019 and 2028 (%)
Figure 24. Tires: Polyisobutylene (PIB) Market– Revenue and Forecast to 2028 (US$ Mn)
Figure 25. Industrial Lubes and Lube Additives-: Polyisobutylene (PIB) Market– Revenue and Forecast to 2028 (US$ Mn)
Figure 26. Fuel Additives-: Polyisobutylene (PIB) Market– Revenue and Forecast to 2028 (US$ Mn)
Figure 27. Adhesives and Sealants-: Polyisobutylene (PIB) Market– Revenue and Forecast to 2028 (US$ Mn)
Figure 28. Others-: Polyisobutylene (PIB) Market– Revenue and Forecast to 2028 (US$ Mn)
Figure 29. Polyisobutylene (PIB) Market Share, by End-Use Industry, 2020 and 2028 (%)
Figure 30. Industrial: Polyisobutylene (PIB) Market– Revenue and Forecast to 2028 (US$ Mn)
Figure 31. Food: Polyisobutylene (PIB) Market– Revenue and Forecast to 2028 (US$ Mn)
Figure 32. Other: Polyisobutylene (PIB) Market– Revenue and Forecast to 2028 (US$ Mn)
Figure 33. Global Polyisobutylene Market Revenue Share, by Region (2020 and 2028)
Figure 34. North America: Polyisobutylene Market – Revenue and Forecast to 2028 (US$ Mn)
Figure 35. North America: Polyisobutylene Market Revenue Share, Molecular Weight (2020 and 2028)
Figure 36. North America: Polyisobutylene Market Revenue Share, Product (2020 and 2028)
Figure 37. North America: Polyisobutylene Market Revenue Share, Application (2020 and 2028)
Figure 38. North America: Polyisobutylene Market Revenue Share, End-User Industry (2020 and 2028)
Figure 39. North America: Polyisobutylene Market Revenue Share, by Key Country (2020 and 2028)
Figure 40. US: Polyisobutylene Market –Revenue and Forecast to 2028 (US$ Mn)
Figure 41. Canada: Polyisobutylene Market –Revenue and Forecast to 2028 (US$ Mn)
Figure 42. Mexico: Polyisobutylene Market –Revenue and Forecast to 2028 (US$ Mn)
Figure 43. Europe: Polyisobutylene Market – Revenue and Forecast to 2028 (US$ Mn)
Figure 44. Europe: Polyisobutylene Market Revenue Share, Molecular Weight (2020 and 2028)
Figure 45. Europe: Polyisobutylene Market Revenue Share, Product (2020 and 2028)
Figure 46. Europe: Polyisobutylene Market Revenue Share, Application (2020 and 2028)
Figure 47. Europe: Polyisobutylene Market Revenue Share, End-User Industry (2020 and 2028)
Figure 48. Europe: Polyisobutylene Market Revenue Share, by Key Country (2020 and 2028)
Figure 49. Germany: Polyisobutylene Market –Revenue and Forecast to 2028 (US$ Mn)
Figure 50. France: Polyisobutylene Market –Revenue and Forecast to 2028 (US$ Mn)
Figure 51. Italy: Polyisobutylene Market –Revenue and Forecast to 2028 (US$ Mn)
Figure 52. UK: Polyisobutylene Market –Revenue and Forecast to 2028 (US$ Mn)
Figure 53. Rest of Europe: Polyisobutylene Market –Revenue and Forecast to 2028 (US$ Mn)
Figure 54. Asia Pacific: Polyisobutylene Market – Revenue and Forecast to 2028 (US$ Mn)
Figure 55. Asia Pacific: Polyisobutylene Market Revenue Share, Molecular Weight (2020 and 2028)
Figure 56. Asia Pacific: Polyisobutylene Market Revenue Share, Product (2020 and 2028)
Figure 57. Asia Pacific: Polyisobutylene Market Revenue Share, Application (2020 and 2028)
Figure 58. Asia Pacific: Polyisobutylene Market Revenue Share, End-User Industry (2020 and 2028)
Figure 59. Asia Pacific: Polyisobutylene Market Revenue Share, by Key Country (2020 and 2028)
Figure 60. China: Polyisobutylene Market –Revenue and Forecast to 2028 (US$ Mn)
Figure 61. Japan: Polyisobutylene Market –Revenue and Forecast to 2028 (US$ Mn)
Figure 62. India: Polyisobutylene Market –Revenue and Forecast to 2028 (US$ Mn)
Figure 63. South Korea: Polyisobutylene Market –Revenue and Forecast to 2028 (US$ Mn)
Figure 64. Rest of Asia Pacific: Polyisobutylene Market –Revenue and Forecast to 2028 (US$ Mn)
Figure 65. MEA: Polyisobutylene Market – Revenue and Forecast to 2028 (US$ Mn)
Figure 66. MEA: Polyisobutylene Market Revenue Share, Molecular Weight (2020 and 2028)
Figure 67. MEA: Polyisobutylene Market Revenue Share, Product (2020 and 2028)
Figure 68. MEA: Polyisobutylene Market Revenue Share, Application (2020 and 2028)
Figure 69. MEA: Polyisobutylene Market Revenue Share, End-User Industry (2020 and 2028)
Figure 70. MEA: Polyisobutylene Market Revenue Share, by Key Country (2020 and 2028)
Figure 71. South Africa: Polyisobutylene Market –Revenue and Forecast to 2028 (US$ Mn)
Figure 72. Saudi Arabia: Polyisobutylene Market –Revenue and Forecast to 2028 (US$ Mn)
Figure 73. UAE: Polyisobutylene Market –Revenue and Forecast to 2028 (US$ Mn)
Figure 74. Rest of MEA: Polyisobutylene Market –Revenue and Forecast to 2028 (US$ Mn)
Figure 75. South America: Polyisobutylene Market – Revenue and Forecast to 2028 (US$ Mn)
Figure 76. South America: Polyisobutylene Market Revenue Share, by Molecular Weight (2020 and 2028)
Figure 77. South America: Polyisobutylene Market Revenue Share, by Product (2020 and 2028)
Figure 78. South America: Polyisobutylene Market Revenue Share, by Application (2020 and 2028)
Figure 79. South America: Polyisobutylene Market Revenue Share, by End-User Industry(2020 and 2028)
Figure 80. South America: Polyisobutylene Market Revenue Share, by Key Country (2020 and 2028)
Figure 81. Brazil: Polyisobutylene Market –Revenue and Forecast to 2028 (US$ Mn)
Figure 82. Argentina: Polyisobutylene Market –Revenue and Forecast to 2028 (US$ Mn)
Figure 83. Rest of South America: Polyisobutylene Market –Revenue and Forecast to 2028 (US$ Mn)
Figure 84. Impact of COVID-19 Pandemic In North American Country Markets
Figure 85. Impact of COVID-19 Pandemic in Europe Country Markets
Figure 86. Impact of COVID-19 Pandemic in Asia Pacific Country Markets
Figure 87. Impact of COVID-19 Pandemic in Middle East And Africa Country Markets
Figure 88. Impact of COVID-19 Pandemic in South America Country Markets
The List of Companies - Polyisobutylene Market
- BASF SE
- Braskem SA
- Daelim Industrial Petrochemical Division
- Ineos AG
- Infineum International Limited
- Kemat Polybutenes
- Kothari Petrochemicals
- Sibur Holding PJSC
- The Lubrizol Corporation
- TPC Group
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.
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