Polyisobutylene Market Share, Size, and Trends by 2028
Polyisobutylene Market: Strategic Insights
Polyisobutylene Market
-
CAGR (2021 - 2028)4.4% -
Market Size 2021
US$ 2.87 Billion -
Market Size 2028
US$ 3.89 Billion
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
- BASF SE
- Braskem SA
- Daelim Industrial Petrochemical Division
- Ineos AG
- Infineum International Limited
- Kemat Polybutenes
- Kothari Petrochemicals
- Sibur Holding PJSC
- The Lubrizol Corporation
Regional Overview
- North America
- Europe
- Asia-Pacific
- South and Central America
- Middle East and Africa
Market Segmentation
Molecular Weight - Low
- Medium
- High
Product - Conventional PIB and Highly Reactive PIB
Application - Tires
- Industrial Lubes and Lube Additives
- Fuel Additives
- Adhesives and Sealants
End-Use Industry - Industrial
- Food
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