Highly Reactive Polyisobutylene Market Share, Trends, and Analysis by 2028
Highly Reactive Polyisobutylene Market: Strategic Insights
Highly Reactive Polyisobutylene Market
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CAGR (2021 - 2028)4.6% -
Market Size 2021
US$ 508.77 Million -
Market Size 2028
US$ 697.44 Million
Market Dynamics
GROWTH DRIVERS
- Increase in demand for synthetic rubber in automotive and industrial applications
- Growth in use of polyisobutylene (PIB) in diverse industries
FUTURE TRENDS
- Use of polyisobutylene (PIB) in a wide range of applications
- Increasing demand in the automotive, adhesives, and industrial manufacturing sectors
OPPORTUNITIES
- Growth in the synthetic rubber market
- Expansion of applications for polyisobutylene in automotive, adhesives, and industrial sectors
Key Players
- TPC Group
- RB PRODUCTS INC
- BASF PETRONAS Chemicals Sdn Bhd
- Shandong Hongrui New Material Technology Co Ltd
- Daelim Co Ltd
- Chevron Corporation
- The Lubrizol Corporation
- KEMAT Polybutenes
- Weifang Binhai Petro chem Co Ltd
Regional Overview
- North America
- Europe
- Asia-Pacific
- South and Central America
- Middle East and Africa
Market Segmentation
Application
- Adhesives/Sealants
- Lubricants & Grease
- Hydraulic Fluids
- Metal Working Fluids