Global Polyisobutylene (PIB) Market

Description

Market Overview

The global polyisobutylene (PIB) market reached US$ XX million in 2022 and is projected to witness lucrative growth by reaching up to US$ XX million by 2030. The market is growing at a CAGR of 6.9% during the forecast period (2023-2030).

Polyisobutylene is a very adaptable, non-toxic, water-white viscous liquid that can improve viscosity index, increase tackiness, provide water repellency and provide excellent electrical insulation. It has many exceptional qualities, including non-toxicity, dielectricity, chemical resistance, low gas permeability, thermal stability and tackiness. It uses lubricants, tires & tubes, automobiles, adhesives & sealants and more. Additionally, enhanced PIB-based additives are also utilized in the automotive industry to prevent this deposition from occurring in the fuel intake system and combustion chamber.

Market Dynamics

The rising demand for sealants and adhesives

Product advantages include high degree elongation, moisture resistance and superior adhesive characteristics to various substrates, making them suitable for sealants. Due to the increasing product use in sealants and adhesives for damp proofing and roof repair, the growing construction industry is a significant contributor to the growth of the global market for polyisobutylene. The need for polyisobutylene in adhesive applications is anticipated to expand as construction expenditure grows.

The presence of alternatives

The availability of alternatives is one of the important reasons limiting the growth of the polyisobutylene market. There are numerous Polyisobutylene substitutes. The rising quantity of product alternatives is constraining the market. There are numerous substitutes for the polymer known as polyisobutylene.

COVID-19 Impact Analysis

The COVID-19 Analysis includes Pre-COVID Scenario, COVID Scenario and Post-COVID Scenario along with Pricing Dynamics (Including pricing change during and post-pandemic comparing it with pre-COVID scenarios), Demand-Supply Spectrum (Shift in demand and supply owing to trading restrictions, lockdown and subsequent issues), Government Initiatives (Initiatives to revive market, sector or Industry by Government Bodies) and Manufacturers Strategic Initiatives (What manufacturers did to mitigate the COVID issues will be covered here).

Segment Analysis

The global polyisobutylene market is segmented based on molecular weight, application, end-user and region.

The growing automotive sector drives the demand for polyisobutylene in automotive

Polyisobutylene is added to engine fuel to prevent soot, sludge and other deposit precursors from accumulating on the engine parts. The trend is expected to raise lubricant demand over the future years and promote the use of polyisobutylene as a lubricant ingredient. The growing worldwide e-commerce and logistics sectors are also predicted to enhance the demand for commercial vehicles.

Geographical Analysis

The growing expansion of major end-use industries in Asia-Pacific

During the projection period, Asia-Pacific is anticipated to be the region with the largest demand for polyisobutylene. The area controls the market for products like electrical insulation, lubricants, plasticizers, adhesives and sealants, tire tubes and adhesives & sealants.

To change or improve the viscosity of lubricant formulations to the desired end viscosity, polyisobutylene is frequently utilized in lubricants. Due to their better and improved characteristics, such as decreased flammability, less gear wear and increased service life, high-performance lubricants are currently in higher demand in the market.

Competitive Landscape

The major global players in the market are LANXESS AG, Exxon Mobil Corporation, INEOS Capital Limited, TPC Group, Lubrizol Corporation, BASF SE, JX Nippon Oil & Energy Corporation, Shandong Hongrui Petrochemical Co. Ltd., Zhejiang Shunda New Material Co and Infineum International Limited.

Why Purchase the Report?

To visualize the global polyisobutylene market segmentation based on molecular weight, application, end-user and region, as well as understand key commercial assets and players.
Identify commercial opportunities by analyzing trends and co-development.
Excel data sheet with numerous data points of polyisobutylene market-level with all segments.
PDF report consists of a comprehensive analysis after exhaustive qualitative interviews and an in-depth study.
Product mapping available as excel consisting of key products of all the major players.

The global polyisobutylene market report would provide approximately 61 tables, 60 figures and 202 Pages.

Target Audience 2023

Manufacturers/ Buyers
Industry Investors/Investment Bankers
Research Professionals
Emerging Companies

Product Code: CH397

1. Methodology and Scope

1.1. Research Methodology
1.2. Research Objective and Scope of the Report

2. Definition and Overview

3. Executive Summary

3.1. Market Snippet By Molecular Weight
3.2. Market Snippet By Application
3.3. Market Snippet By End-User
3.4. Market Snippet By Region

4. Dynamics

4.1. Impacting Factors
- 4.1.1. Drivers
  - 4.1.1.1. The rising demand for sealants and adhesives
  - 4.1.1.2. The rising demand for tires & tubes
- 4.1.2. Restraints
  - 4.1.2.1. The presence of alternatives
  - 4.1.2.2. XX
- 4.1.3. Opportunity
  - 4.1.3.1. XX
- 4.1.4. Impact Analysis

5. Industry Analysis

5.1. Porter's Five Forces Analysis
5.2. Supply Chain Analysis
5.3. Pricing Analysis
5.4. Regulatory Analysis

6. COVID-19 Analysis

6.1. Analysis of COVID-19
- 6.1.1. Before COVID-19 Scenario
- 6.1.2. Present COVID-19 Scenario
- 6.1.3. Post COVID-19 or Future Scenario
6.2. Pricing Dynamics Amid COVID-19
6.3. Demand-Supply Spectrum
6.4. Government Initiatives Related to the Market During Pandemic
6.5. Manufacturers Strategic Initiatives
6.6. Conclusion

7. By Molecular Weight

7.1. Introduction
- 7.1.1. Market Size Analysis and Y-o-Y Growth Analysis (%), By Molecular Weight
- 7.1.2. Market Attractiveness Index, By Molecular Weight
7.2. Low*
- 7.2.1. Introduction
- 7.2.2. Market Size Analysis and Y-o-Y Growth Analysis (%)
7.3. Medium
7.4. High

8. By Application

8.1. Introduction
- 8.1.1. Market Size Analysis and Y-o-Y Growth Analysis (%), By Application
- 8.1.2. Market Attractiveness Index, By Application
8.2. Tires & Tubes*
- 8.2.1. Introduction
- 8.2.2. Market Size Analysis and Y-o-Y Growth Analysis (%)
8.3. Automotive
8.4. Lubricants
8.5. Adhesives & Sealants
8.6. Others

9. By End-User

9.1. Introduction
- 9.1.1. Market Size Analysis and Y-o-Y Growth Analysis (%), By End-User
- 9.1.2. Market Attractiveness Index, By End-User
9.2. Transportation*
- 9.2.1. Introduction
- 9.2.2. Market Size Analysis and Y-o-Y Growth Analysis (%)
9.3. Industrial
9.4. Food & Beverages
9.5. Others

10. By Region

10.1. Introduction
10.2. Market Size Analysis and Y-o-Y Growth Analysis (%), By Region
10.3. Market Attractiveness Index, By Region
10.4. North America
- 10.4.1. Introduction
- 10.4.2. Key Region-Specific Dynamics
- 10.4.3. Market Size Analysis and Y-o-Y Growth Analysis (%), By Molecular Weight
- 10.4.4. Market Size Analysis and Y-o-Y Growth Analysis (%), By Application
- 10.4.5. Market Size Analysis and Y-o-Y Growth Analysis (%), By End-User
- 10.4.6. Market Size Analysis and Y-o-Y Growth Analysis (%), By Country
  - 10.4.6.1. U.S.
  - 10.4.6.2. Canada
  - 10.4.6.3. Mexico
10.5. Europe
- 10.5.1. Introduction
- 10.5.2. Key Region-Specific Dynamics
- 10.5.3. Market Size Analysis and Y-o-Y Growth Analysis (%), By Molecular Weight
- 10.5.4. Market Size Analysis and Y-o-Y Growth Analysis (%), By Application
- 10.5.5. Market Size Analysis and Y-o-Y Growth Analysis (%), By End-User
- 10.5.6. Market Size Analysis and Y-o-Y Growth Analysis (%), By Country
  - 10.5.6.1. Germany
  - 10.5.6.2. UK
  - 10.5.6.3. France
  - 10.5.6.4. Italy
  - 10.5.6.5. Spain
  - 10.5.6.6. Rest of Europe
10.6. South America
- 10.6.1. Introduction
- 10.6.2. Key Region-Specific Dynamics
- 10.6.3. Market Size Analysis and Y-o-Y Growth Analysis (%), By Molecular Weight
- 10.6.4. Market Size Analysis and Y-o-Y Growth Analysis (%), By Application
- 10.6.5. Market Size Analysis and Y-o-Y Growth Analysis (%), By End-User
- 10.6.6. Market Size Analysis and Y-o-Y Growth Analysis (%), By Country
  - 10.6.6.1. Brazil
  - 10.6.6.2. Argentina
  - 10.6.6.3. Rest of South America
10.7. Asia-Pacific
- 10.7.1. Introduction
- 10.7.2. Key Region-Specific Dynamics
- 10.7.3. Market Size Analysis and Y-o-Y Growth Analysis (%), By Molecular Weight
- 10.7.4. Market Size Analysis and Y-o-Y Growth Analysis (%), By Application
- 10.7.5. Market Size Analysis and Y-o-Y Growth Analysis (%), By End-User
- 10.7.6. Market Size Analysis and Y-o-Y Growth Analysis (%), By Country
  - 10.7.6.1. China
  - 10.7.6.2. India
  - 10.7.6.3. Japan
  - 10.7.6.4. Australia
  - 10.7.6.5. Rest of Asia-Pacific
10.8. Middle East and Africa
- 10.8.1. Introduction
- 10.8.2. Key Region-Specific Dynamics
- 10.8.3. Market Size Analysis and Y-o-Y Growth Analysis (%), By Molecular Weight
- 10.8.4. Market Size Analysis and Y-o-Y Growth Analysis (%), By Application
- 10.8.5. Market Size Analysis and Y-o-Y Growth Analysis (%), By End-User

11. Competitive Landscape

11.1. Competitive Scenario
11.2. Market Positioning/Share Analysis
11.3. Mergers and Acquisitions Analysis

12. Company Profiles

12.1. LANXESS AG
- 12.1.1. Company Overview
- 12.1.2. Product Portfolio and Description
- 12.1.3. Key Highlights
- 12.1.4. Financial Overview
12.2. Exxon Mobil Corporation
12.3. INEOS Capital Limited
12.4. TPC Group
12.5. Lubrizol Corporation
12.6. BASF SE
12.7. JX Nippon Oil & Energy Corporation
12.8. Shandong Hongrui Petrochemical Co. Ltd.
12.9. Zhejiang Shunda New Material Co
12.10. Infineum International Limited

LIST NOT EXHAUSTIVE

13. Appendix

13.1. About Us and Services
13.2. Contact Us

Global Polyisobutylene (PIB) Market - 2023-2030