Polyisobutylene Trends and Forecast
The future of the global polyisobutylene market looks promising with opportunities in the transportation, industrial, and food markets. The global polyisobutylene market is expected to reach an estimated $4.3 billion by 2030 with a CAGR of 6.5% from 2024 to 2030. The major drivers for this market are rising demand in transportation industry and growing adoption in the construction industry.
A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.
Polyisobutylene by Segment
The study includes a forecast for the global polyisobutylene by product, molecular weight, application, end use, and region.
Polyisobutylene Market by Product [Shipment Analysis by Value from 2018 to 2030]:
• C-PIB
• HR-PIB
Polyisobutylene Market by Molecular Weight [Shipment Analysis by Value from 2018 to 2030]:
• Low Molecular Weight Polyisobutylene
• Medium Molecular Weight Polyisobutylene
• High Molecular Weight Polyisobutylene
Polyisobutylene Market by Application [Shipment Analysis by Value from 2018 to 2030]:
• Tires
• Lube Additives
• Fuel Additives
• 2-Stroke Engines
• Industrial Lubes
• Adhesives & Sealants
• Others
Polyisobutylene Market by End Use [Shipment Analysis by Value from 2018 to 2030]:
• Transportation
• Industrial
• Food
• Others
Polyisobutylene Market by Region [Shipment Analysis by Value from 2018 to 2030]:
• North America
• Europe
• Asia Pacific
• The Rest of the World
List of Polyisobutylene Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies polyisobutylene companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the polyisobutylene companies profiled in this report include-
• Lubrizol Corporation
• BASF
• TPC Group
• LANXESS
• Nizhnekamskneftekhim
• Reliance Industries
• Sibur
Polyisobutylene Market Insights
Lucintel forecasts that C-PIB will remain the larger segment over the forecast period due to growing significance of polyisobutylene (PIB) in the construction industry.
Within this market, transportation is expected to witness the higher growth due to rising demand for polyisobutylene in the transportation industry.
APAC will remain the largest region over the forecast period due to rising demand from the key industries like automotive and construction.
Features of the Global Polyisobutylene Market
Market Size Estimates: Polyisobutylene market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Polyisobutylene market size by various segments, such as by product, molecular weight, application, end use, and region in terms of value ($B).
Regional Analysis: Polyisobutylene market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different products, molecular weight, applications, end uses, and regions for the polyisobutylene market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the polyisobutylene market.
Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q1. What is the polyisobutylene market size?
Answer: The global polyisobutylene market is expected to reach an estimated $4.3 billion by 2030.
Q2. What is the growth forecast for polyisobutylene market?
Answer: The global polyisobutylene market is expected to grow with a CAGR of 6.5% from 2024 to 2030.
Q3. What are the major drivers influencing the growth of the polyisobutylene market?
Answer: The major drivers for this market are rising demand in transportation industry and growing adoption in the construction industry.
Q4. What are the major segments for polyisobutylene market?
Answer: The future of the polyisobutylene market looks promising with opportunities in the transportation, industrial, and food markets.
Q5. Who are the key polyisobutylene market companies?
Answer: Some of the key polyisobutylene companies are as follows:
• Lubrizol Corporation
• BASF
• TPC Group
• LANXESS
• Nizhnekamskneftekhim
• Reliance Industries
• Sibur
Q6. Which polyisobutylene market segment will be the largest in future?
Answer: Lucintel forecasts that C-PIB will remain the larger segment over the forecast period due to growing significance of polyisobutylene (pib) in the construction industry.
Q7. In polyisobutylene market, which region is expected to be the largest in next 5 years?
Answer: APAC will remain the largest region over the forecast period due to rising demand from the key industries like automotive and construction.
Q.8 Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.
This report answers following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the polyisobutylene market by product (C-PIB and HR-PIB), molecular weight (low molecular weight polyisobutylene, medium molecular weight polyisobutylene, and high molecular weight polyisobutylene), application (tires, lube additives, fuel additives, 2-stroke engines, industrial lubes, adhesives & sealants, and others), end use (transportation, industrial, food, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
For any questions related to Polyisobutylene Market, Polyisobutylene Market Size, Polyisobutylene Market Growth, Polyisobutylene Market Analysis, Polyisobutylene Market Report, Polyisobutylene Market Share, Polyisobutylene Market Trends, Polyisobutylene Market Forecast, Polyisobutylene Companies, write Lucintel analyst at email: helpdesk@lucintel.com. We will be glad to get back to you soon.