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Press Release:

Global Polyisobutylene Market Spurred by Growing Demand for Tires

*As the coronavirus disease (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the purchase behaviours of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.

Polyisobutylene Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2020-2025

Polyisobutylene, also known as PIB, is a polymer of isobutylene found in liquid or rubber form. It is a tasteless and odourless viscoelastic with a clear to light yellow colour. It is also gas impermeable, that is, it can hold air for a long period of time, which makes it suitable for use in the automobile industry. Polyisobutylene is also highly resistant to acids, alkalis and salt solutions but degradable under sunlight and ultraviolent rays. It is soluble in ether, hydrocarbons as well as chlorinated hydrocarbons. Some of the other characteristics of polyisobutylene include versatility, non-toxicity, water-repellence and insulation. According to IMARC Group’s latest report, titled “Polyisobutylene Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2020-2025”, the global polyisobutylene market reached a value of US$ 2.1 Billion in 2019.

Polyisobutylene is majorly used in the production of tubeless tires owing to its properties such as water-resistance and gas impermeability. The introduction of new tyre patterns and improving purchasing power of the consumers have substantially propelled the sales of tyres, thereby inducing the market growth. Moreover, a rise in the number of automobiles in the emerging regions such as India, China, Africa, etc. is projected to increase the demand for high-performance tires, in turn, boosting the growth prospects of the market over the next few years. Apart from this, polyisobutylene helps in eliminating deposits of oxidised by-products, sludge, soot and other compounds that get accumulated with time on the critical components of the engine. Owing to this, polyisobutylene is used as a fuel additive in engine fuel. Growth in the demand for PIB-based fuel additives is stimulating the market growth. Looking forward, IMARC Group expects the global autoimmune disease diagnosis market to exhibit moderate growth during the next five years.

The report has segmented the market on the basis of product into conventional and highly reactive polyisobutylene.  On the basis of end-use, transportation accounts for the majority of the total share. It is followed by industrial, food and other industries. The market is further segregated on the basis of application, wherein tires dominate the polyisobutylene market. Other applications include lube additives, fuel additives, 2-stroke engines, industrial lubes and others, and adhesives and sealants. Region-wise, the report covers Europe, North America, Asia Pacific, Middle East and Africa, and Latin America. Currently, Europe represents the largest market, accounting for the majority of the total global share. Based on import and export trends, France represents the largest importer whereas Republic of Korea is the biggest exporter of polyisobutylene. The report has also analysed the competitive landscape of the market with some of the key global 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 polyisobutylene industry in any manner.

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?

1   Preface
2   Scope and Methodology
    2.1    Objectives of the Study
    2.2    Stakeholders
    2.3    Data Sources
        2.3.1    Primary Sources
        2.3.2    Secondary Sources
    2.4    Market Estimation
        2.4.1    Bottom-Up Approach
        2.4.2    Top-Down Approach
    2.5    Forecasting Methodology
3   Executive Summary
4   Introduction
    4.1    Overview
    4.2    Properties
    4.3    Key Industry Trends
5   Global Polyisobutylene Market
    5.1    Market Overview
    5.2    Market Performance
    5.3    Impact of COVID-19
    5.4    Market Breakup by Product
    5.5    Market Breakup by End Use Industry
    5.6   Market Breakup by Application
    5.7    Market Breakup by Region
    5.8    Market Forecast
    5.9    SWOT Analysis
        5.9.1    Overview
        5.9.2    Strengths
        5.9.3    Weaknesses
        5.9.4    Opportunities
        5.9.5    Threats
    5.10    Value Chain Analysis
        5.10.1    Overview
        5.10.2    Research and Development
        5.10.3    Raw Material Procurement
        5.10.4    Manufacturing
        5.10.5    Marketing
        5.10.6    Distribution
        5.10.7    End-Use
    5.11    Porters Five Forces Analysis
        5.11.1    Overview
        5.11.2    Bargaining Power of Buyers
        5.11.3    Bargaining Power of Suppliers
        5.11.4    Degree of Competition
        5.11.5    Threat of New Entrants
        5.11.6    Threat of Substitutes
6   Market Breakup by Product
    6.1    Conventional PIB
        6.1.1 Market Trends
        6.1.2 Market Forecast
    6.2    Highly Reactive PIB
        6.2.1 Market Trends
        6.2.2 Market Forecast
7   Market Breakup by End Use Industry
    7.1    Transportation Sector
        7.1.1 Market Trends
        7.1.2 Market Forecast
    7.2    Industrial
        7.2.1 Market Trends
        7.2.2 Market Forecast
    7.3    Food
        7.3.1 Market Trends
        7.3.2 Market Forecast
    7.4    Others
        7.4.1 Market Trends
        7.4.2 Market Forecast
8   Market Breakup by Application
    8.1    Tires
        8.1.1 Market Trends
        8.1.2 Market Forecast
    8.2    Lube Additives
        8.2.1 Market Trends
        8.2.2 Market Forecast
    8.3    Fuel Additives
        8.3.1 Market Trends
        8.3.2 Market Forecast
    8.4    2-Stroke Engines
        8.4.1 Market Trends
        8.4.2 Market Forecast
    8.5    Industrial Lubes & Others
        8.5.1 Market Trends
        8.5.2 Market Forecast
    8.6    Adhesives & Sealants
        8.6.1 Market Trends
        8.6.2 Market Forecast
9   Market Breakup by Region
    9.1    Europe
        9.1.1 Market Trends
        9.1.2 Market Forecast
    9.2    North America
        9.2.1 Market Trends
        9.2.2 Market Forecast
    9.3    Asia Pacific
        9.3.1 Market Trends
        9.3.2 Market Forecast
    9.4    Middle East and Africa
        9.4.1 Market Trends
        9.4.2 Market Forecast
    9.5    Latin America
        9.5.1 Market Trends
        9.5.2 Market Forecast
10  Imports and Exports
    10.1    Imports by Major Countries
    10.2    Exports by Major Countries
11  Polyisobutylene Manufacturing Process
    11.1    Product Overview
    11.2    Raw Material Requirements
    11.3    Manufacturing Process
    11.4    Key Success and Risk Factors
12  Competitive Landscape
    12.1    Market Structure
    12.2    Key Players
    12.3    Profiles of Key Players
        12.3.1    Lanxess
            12.3.1.1    Company Overview
            12.3.1.2    Description
            12.3.1.3    Product Portfolio
            12.3.1.4    Financials
            12.3.1.5    SWOT Analysis
        12.3.2    BASF
            12.3.2.1    Company Overview
            12.3.2.2    Description
            12.3.2.3    Product Portfolio
            12.3.2.4    Financials
            12.3.2.5    SWOT Analysis
        12.3.3    Daelim Industrial Co., Ltd.
            12.3.3.1    Company Overview
            12.3.3.2    Description
            12.3.3.3    Product Portfolio
            12.3.3.4    Financials
        12.3.4    Reliance Industries Limited
            12.3.4.1    Company Overview
            12.3.4.2    Description
            12.3.4.3    Product Portfolio
            12.3.4.4    Financials
            12.3.4.5    SWOT Analysis
        12.3.5    Lubrizol
            12.3.5.1    Company Overview
            12.3.5.2    Description
            12.3.5.3    Product Portfolio
            12.3.5.4    SWOT Analysis

List of Figures

Figure 1: Global: Polyisobutylene Market: Major Drivers and Challenges
Figure 2: Global: Polyisobutylene Market: Sales Value (in Billion US$), 2014 - 2019
Figure 3: Global: Polyisobutylene Market: Breakup by Product (in %), 2019
Figure 4: Global: Polyisobutylene Market: Breakup by End Use Industry (in %), 2019
Figure 5: Global: Polyisobutylene Market: Breakup by Application (in %), 2019
Figure 6: Global: Polyisobutylene Market: Breakup by Region (in %), 2019
Figure 7: Global: Polyisobutylene Market Forecast: Sales Value (in Billion US$), 2020-2025
Figure 8: Global: Polyisobutylene Industry: SWOT Analysis
Figure 9: Global: Polyisobutylene Industry: Value Chain Analysis
Figure 10: Global: Polyisobutylene Industry: Porter’s Five Forces Analysis
Figure 11: Global: Conventional PIB Market: Sales Value (in Million US$), 2014 & 2019
Figure 12: Global: Conventional PIB Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 13: Global: Highly Reactive PIB Market: Sales Value (in Million US$), 2014 & 2019
Figure 14: Global: Highly Reactive PIB Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 15: Global: Polyisobutylene (Transportation Sector) Market: Sales Value (in Million US$), 2014 & 2019
Figure 16: Global: Polyisobutylene (Transportation Sector) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 17: Global: Polyisobutylene (Industrial Sector) Market: Sales Value (in Million US$), 2014 & 2019
Figure 18: Global: Polyisobutylene (Industrial Sector) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 19: Global: Polyisobutylene (Food Sector) Market: Sales Value (in Million US$), 2014 & 2019
Figure 20: Global: Polyisobutylene (Food Sector) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 21: Global: Polyisobutylene (Other Sectors) Market: Sales Value (in Million US$), 2014 & 2019
Figure 22: Global: Polyisobutylene (Other Sectors) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 23: Global: Polyisobutylene (Applications in Tires) Market: Sales Value (in Million US$), 2014 & 2019
Figure 24: Global: Polyisobutylene (Applications in Tires) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 25: Global: Polyisobutylene (Applications in Lube Additives) Market: Sales Value (in Million US$), 2014 & 2019
Figure 26: Global: Polyisobutylene (Applications in Lube Additives) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 27: Global: Polyisobutylene (Applications in Fuel Additives) Market: Sales Value (in Million US$), 2014 & 2019
Figure 28: Global: Polyisobutylene (Applications in Fuel Additives) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 29: Global: Polyisobutylene (Applications in 2-Stroke Engines) Market: Sales Value (in Million US$), 2014 & 2019
Figure 30: Global: Polyisobutylene (Applications in 2-Stroke Engines) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 31: Global: Polyisobutylene (Applications in Industrial Lubes & Others) Market: Sales Value (in Million US$), 2014 & 2019
Figure 32: Global: Polyisobutylene (Applications in Industrial Lubes & Others) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 33: Global: Polyisobutylene (Applications in Adhesives & Sealants) Market: Sales Value (in Million US$), 2014 & 2019
Figure 34: Global: Polyisobutylene (Applications in Adhesives & Sealants) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 35: Europe: Polyisobutylene Market: Sales Value (in Million US$), 2014 & 2019
Figure 36: Europe: Polyisobutylene Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 37: North America: Polyisobutylene Market: Sales Value (in Million US$), 2014 & 2019
Figure 38: North America: Polyisobutylene Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 39: Asia Pacific: Polyisobutylene Market: Sales Value (in Million US$), 2014 & 2019
Figure 40: Asia Pacific: Polyisobutylene Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 41: Middle East and Africa: Polyisobutylene Market: Sales Value (in Million US$), 2014 & 2019
Figure 42: Middle East and Africa: Polyisobutylene Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 43: Latin America: Polyisobutylene Market: Sales Value (in Million US$), 2014 & 2019
Figure 44: Latin America: Polyisobutylene Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 45: Global: Polyisobutylene: Import Breakup by Country (in %), 2017
Figure 46: Global: Polyisobutylene: Export Breakup by Country (in %), 2017
Figure 47: Polyisobutylene Manufacturing: Process Flow
 
List of Tables

Table 1: Polyisobutylene: General Properties
Table 2: Global: Polyisobutylene Market: Key Industry Highlights, 2019 and 2025
Table 3: Global: Polyisobutylene Market Forecast: Breakup by Product (in Million US$), 2020-2025
Table 4: Global: Polyisobutylene Market Forecast: Breakup by End Use Industry (in Million US$), 2020-2025
Table 5: Global: Polyisobutylene Market Forecast: Breakup by Application (in Million US$), 2020-2025
Table 6: Global: Polyisobutylene Market Forecast: Breakup by Region (in Million US$), 2020-2025
Table 7: Global: Polyisobutylene: Import Data by Country, 2017
Table 8: Global: Polyisobutylene: Export Data by Country, 2017
Table 9: Polyisobutylene: Raw Material Requirements
Table 10: Global: Polyisobutylene Market Structure
Table 11: Global: Polyisobutylene Market: Key Players

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