Polyisobutylene (PIB) (CAS 9003-27-4) Market Size By Regional Analysis(Europe, Asia Pacific, America, Middle East And Africa), By Demand & COVID-19 Impact Analysis, By Type, By Applications And Forecasts 2023 - 2030
Report Overview
The market research report is created with a compilation of analytical research based on historic records, current statistics, and future predictions. The report contains details on the leading players operating in the Polyisobutylene (PIB) (CAS 9003-27-4) market including various factors related to and dependent influencing the market growth.
Polyisobutylene (PIB, also called polyisobutene) is a vinyl polymer that is made from the monomer isobutylene (IB) by cationic polymerization.
PIB is a colorless to light-yellow, elastic, semisolid or viscous substance. It is odorless, tasteless, and nontoxic. Because of their highly paraffinic and nonpolar nature, PIBs are soluble in aliphatic and aromatic hydrocarbon solvents and insoluble in polar solvents. Solubility generally decreases with increasing molecular weight of the polymer and increasing size of the aliphatic portion of the solvent molecule. The amorphous characteristics and low glass transition temperature (Tg = −62°C) of PIB impart high flexibility and permanent tack. Despite the favorable tack property, the adhesion of PIBs to many surfaces is weak because of their low polarity. This problem can be overcome by the addition of tackifiers (such as rosin ester resins) and other materials that will impart some polar properties to the formulation.
In the past several years, the global Polyisobutylene market is relatively stable with CAGR of 5.21% from 2012 to 2016. Leading supplers in the market are TPC Group, Infineum, Lubrizol, BASF, Ineos, Daelim and Chevron Oronite.
PIBs are usually classified into three groups according to molecular weight: Low Molecular Weight Polyisobutylene, Medium Molecular Weight Polyisobutylene and High Molecular Weight Polyisobutylene. Low Molecular Weight Polyisobutylene is the major types of Polyisobutylene which accounts for 95.96% of world production in terms of volume. Low Molecular Weight Polyisobutylene can be further divided in to high reactive Polyisobutylene and conventional. Production of Medium Molecular Weight Polyisobutylene is more concentrated. Key players operating in the medium molecular weight polyisobutylene market include BASF SE, Zhejiang Shunda New Material Co., JX Nippon Oil & Energy Corporation, and Shandong Hongrui Petrochemical Co., Ltd. High Molecular Weight Polyisobutylene production is comparatively limited. Currently BASF is the major supplier.
Application of Polyisobutylene can be classified as Fuel & Lube Additives, Adhesive & Sealant, Plastic & Elastomer Modifier, Gum Base etc. Fuel & Lube Additives is the largest application of Polyisobutylene, which accounts for 78.14% of world total consumption volume.
Global Polyisobutylene (PIB) (CAS 9003-27-4) market size will increase to 2720 Million US$ by 2030, from 1990 Million US$ in 2020, at a CAGR of 4.0% during the forecast period. In this study, 2023 has been considered as the base year and 2023 to 2030 as the forecast period to estimate the market size for Polyisobutylene (PIB) (CAS 9003-27-4).
The report is prepared using analytical methods such as SWOT (strengths, weaknesses, opportunities, and threats)) analysis, PESTEL Analysis, Porter\'s Five Force Analysis, and value chain analysis. These methods provide a clear view of the market structure and analyze competition at a global level. They also provide detailed information on each segment in the global Polyisobutylene (PIB) (CAS 9003-27-4) market.
The aim of the report is to interpret the market sizes of various segments and countries for the forecast period. The study includes the qualitative and quantitative analysis of the market. The report analyses the Polyisobutylene (PIB) (CAS 9003-27-4) market on a regional and global level with a deep analysis of macro-and micro-economic factors impacting the growth of the market. This report also includes market information related to the latest industry trends, market developments, and analysis of products and end users contributing to market growth. An in-depth study of the current market scenario, major driving factors, and restraining factors for the market are also included in the report.
The Polyisobutylene (PIB) (CAS 9003-27-4) market report includes information related to market segmentation, market size and revenue forecasts, and regional forecasts along with information about the leading market players operating in the market, company revenue shares and, their recent developments. The market is classified regionally on country-level into North America, Europe, Asia Pacific, the Middle East and Africa, and South America.
Scope of the Polyisobutylene (PIB) (CAS 9003-27-4) Market:
The major competitors working in the market are:
, TPC, Infineum, Lubrizol, BASF, Ineos, Daelim, Chevron Oronite, ENEOS, Braskem, Jilin Petrochemical, Shandong Hongrui, Zhejiang Shunda, BASF-YPC
Market by Order Type
Low Molecular Weight Polyisobutylene
Medium Molecular Weight Polyisobutylene
High Molecular Weight Polyisobutylene
Polyisobutylene (PIB) (CAS 9003-27-4) Data by Application
Fuel & Lube Additives
Adhesive & Sealant
Plastic & Elastomer Modifier
Gum Base
Other
Polyisobutylene (PIB) (CAS 9003-27-4) Production Regions Covered in the Report are:
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Rest of the World
The information about the Polyisobutylene (PIB) (CAS 9003-27-4) market is obtained from several sources such as company websites, journals, annual reports, which were then assessed and verified by the industry experts. The information is represented in the form of diagrams, charts, pie charts, and infographics, which helps in a better understanding of the market.
Objectives of Polyisobutylene (PIB) (CAS 9003-27-4) Market Report:
- To analyze the factors driving the market growth including supply chain analysis, price analysis along with other analytical methods
- To provide an in-depth analysis of the Polyisobutylene (PIB) (CAS 9003-27-4) market with information on various segment and sub-segments
- To provide a regional analysis and global analysis for the Polyisobutylene (PIB) (CAS 9003-27-4) market size and their forecasts
- To provide strategic profiles of the key players operating in the Polyisobutylene (PIB) (CAS 9003-27-4) market, their key competencies, and market competition
- To provide a competitive scenario about the key factors driving, restraining, and challenging the market growth.
- The impact of COVID-19 pandemic on the Polyisobutylene (PIB) (CAS 9003-27-4) market
Target Audiences for Polyisobutylene (PIB) (CAS 9003-27-4) Market:
- Investors
- Investment Bankers
- Key Consulting Companies and Advisors
- Venture Capitalists
- Large, Medium-sized, and Small enterprises
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