Polyisobutylene Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027

Polyisobutylene Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027

Report Format: PDF+Excel | Report ID: SR112023A896
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Market Overview:

The global polyisobutylene market size reached US$ 2.2 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 2.9 Billion by 2027, exhibiting a growth rate (CAGR) of 4.87% during 2022-2027. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end use industries. These insights are included in the report as a major market contributor.

Polyisobutylene (C4H8)n is a versatile, non-toxic, tasteless, transparent, and odorless viscoelastic polymer. It is produced by the cationic polymerization of isobutylene (C4H8) and is used as a modifier for various adhesives and sealants. It provides water repellency to improve viscosity-index and offers high-temperature resistance and excellent electrical insulation. It is highly resistant to acids, alkalis, and salt solutions, and soluble in ether, hydrocarbons, and chlorinated hydrocarbons. Besides this, it is gas permeable and holds air for a longer time, which makes (C4H8)n ideal for various applications in the automotive industry. As a result, it is gaining immense traction across the globe.

Polyisobutylene Market Trends:

The increasing global population is catalyzing the demand for passenger and commercial vehicles. This represents one of the key factors positively influencing the market. (C4H8)n is extensively used in the manufacturing of tubeless tires on account of its high gas permeability and resistance to water. In line with this, shifting consumer preferences toward electric vehicles (EVs) with tubeless tires to minimize drag and maintenance is supporting the market growth. In addition, the growing use of (C4H8)n in the telecommunication industry to produce optical fibers is creating a positive market outlook. Furthermore, a significant rise in the construction, remodeling, and renovation activities of residential and commercial buildings is increasing the requirement for adhesives and sealants. This, in turn, is offering lucrative opportunities to manufacturers. Besides this, the rising adoption of (C4H8)n in the cosmetic industry to formulate personal care products is strengthening the market growth. Moreover, rapid industrialization and advancements in production technologies are the other factors driving the market.

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each sub-segment of the global polyisobutylene market report, along with forecasts at the global and regional level from 2022-2027. Our report has categorized the market based on product, end use industry and application.

Breakup by Product:

  • Conventional PIB 
  • Highly Reactive PIB

Based on the product, the market has been segmented into conventional and highly reactive (C4H8)n.

Breakup by End Use Industry:

  • Transportation Sector
  • Industrial
  • Food
  • Others

Based on the end use industry, the market has been segregated into the transportation, industrial, food, and other sectors.

Breakup by Application:

  • Tires 
  • Lube Additives 
  • Fuel Additives 
  • 2-stroke Engines 
  • Industrial Lubes & Others 
  • Adhesives and Sealants

Based on the application, the market has been classified into tires, lube additives, fuel additives, 2-stroke engines, industrial lubes & others, and adhesives and sealants.

Regional Insights:

  • Europe
  • North America
  • Asia Pacific
  • Middle East and Africa
  • Latin America

On the geographical front, the market has been divided into Europe, North America, Asia-Pacific, Middle East and Africa, and Latin America.

Competitive Landscape:

The competitive landscape of the industry has also been examined along with the profiles of the key players being Lanxess, BASF, Daelim Industrial Co. Ltd., Reliance Industries Limited and Lubrizol.

This report provides a deep insight into the global polyisobutylene market covering all its essential aspects. This ranges from macro overview of the market to micro details of the industry performance, recent trends, key market drivers and challenges, SWOT analysis, Porter’s five forces analysis, value chain analysis, etc. This report is a must-read for entrepreneurs, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the global polyisobutylene industry in any manner.

Report Coverage:

Report Features Details
Base Year of the Analysis 2021
Historical Period 2016-2021
Forecast Period 2022-2027
Units US$ Billion
Segment Coverage Product, End Use Industry, Application, Region
Region Covered  Asia Pacific, Europe, North America, Latin America, Middle East and Africa
Companies Covered Lanxess, BASF, Daelim Industrial Co. Ltd., Reliance Industries Limited and Lubrizol
Customization Scope 10% Free Customization
Report Price and Purchase Option Single User License: US$ 2499
Five User License: US$ 3499
Corporate License: US$ 4499
Post-Sale Analyst Support 10-12 Weeks
Delivery Format PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

Key Questions Answered in This Report:

  • How has the global polyisobutylene market performed so far and how will it perform in the coming years?
  • What are the key regions in the global polyisobutylene market?
  • What has been the impact of COVID-19 on the global polyisobutylene market?
  • Which are the popular product types in the global polyisobutylene market?
  • What are the key application segments in the global polyisobutylene market?
  • What are the major end use industries in the global polyisobutylene market?
  • What are the import and export trends of polyisobutylene?
  • What are the various stages in the value chain of the global polyisobutylene market?
  • What are the key driving factors and challenges in the global polyisobutylene market?
  • What is the structure of the global polyisobutylene market and who are the key players?
  • What is the degree of competition in the global polyisobutylene market?
  • How are polyisobutylene manufactured?

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Polyisobutylene Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027
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