Polyisobutylene Market will reach an estimated valuation of USD 3.54 billion by 2027, while registering this growth at a rate of 4% for the forecast period of 2021 to 2027.
Polyisobutylene (PIB) is a bright, transparent liquid obtained by polymerizing isobutene under a catalyst system. It is widely used as an additive in lubricants and fuels. Excellent properties including corrosion resistance, oxidation stability, high thickening efficiency and low electrical conductivity. The absurd developments in the automotive industry worldwide will fuel the polyisobutylene (PIB) market significantly over the next few years.
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Market Segments
Polyisobutylene Market, by Molecular Weight
- Low Molecular Weight Polyisobutylene
- Medium Molecular Weight Polyisobutylene
- High Molecular Weight Polyisobutylene
Polyisobutylene Market, by Product
- C-PIB
- HR-PIB
Polyisobutylene Market, by Application
- Tires
- Lube Additives
- Fuel Additives
- 2-stroke Engines
- Industrial Lubes & Others
- Adhesives & Sealants
Key Players
The major players covered in the polyisobutylene market report are China Petroleum & Chemical Corporation, Royal Dutch Shell Plc, Eni S.p.A., Evonik Industries AG, Ineos Group AG, LANXESS, LG Chem, LyondellBasell Industries Holdings B.V., Nizhnekamskneftekhim., Repsol, SABIC, The Dow Chemical Company, TPC Group, Formosa Plastics Corporation, U.S.A., ZEON Corporation., Shanghai Petrochemical, Borealis AG., Versalis S.p.A.
Scope of the Report
The research study analyzes the global Polyisobutylene industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as:
Recent Developments
o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment
A full report of Global Polyisobutylene Market is available at: https://www.orionmarketreports.com/polyisobutylene-market/60785/
Geographic Coverage
o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume
Key Questions Answered by Polyisobutylene Market Report
1. What was the Polyisobutylene Market size in 2019 and 2020; what are the estimated growth trends and market forecast (2021-2027).
2. What will be the CAGR of the Polyisobutylene Market during the forecast period (2021-2027)?
3. Which segments (product type/applications/end-user) were most attractive for investments in 2021? How these segments are expected to grow during the forecast period (2021-2027).
4. Which manufacturer/vendor/players in the Polyisobutylene Market was the market leader in 2020?
5. Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.
The report covers the following objectives:
- Proliferation and maturation of trade in the global Polyisobutylene market.
- The market share of the global Polyisobutylene market, supply and demand ratio, growth revenue, supply chain analysis, and business overview.
- Current and future market trends that are influencing the growth opportunities and growth rate of the global Polyisobutylene market.
- Feasibility study, new market insights, company profiles, investment return, revenue (value), and consumption (volume) of the global Polyisobutylene market.
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