Global Medium Molecular Weight Polyisobutylene Supply, Demand and Key Producers, 2023-2029
The global Medium Molecular Weight Polyisobutylene market size is expected to reach $ 175.7 million by 2029, rising at a market growth of 3.6% CAGR during the forecast period (2023-2029).
The global medium molecular weight polyisobutylene key manufacturers are BASF, Shandong Hongrui and Zhejiang Shunda, etc. The top three manufacturers together occupy more than 90% of the market share, of which the largest manufacturer is BASF, accounting for 56%. The global origins are mainly distributed in Europe, China and Japan. The Asia Pacific region has the largest consumer market with a 40% market share. In terms of product category, it is divided into industrial grade and food grade, with the former holding a larger market share of about 80%. In terms of applications, adhesives are the top application area with a share of 37%; in addition, sealants and chewing gum are also important applications.
Medium molecular weight polyisobutylene’s average molecular weight ranges between 40,000 and 120,000 g/mol. Medium molecular weight polyisobutylene is employed as viscosity modifier, tack improver in adhesive formulations, and primary binder in caulking and sealing compounds. It is also used in fuel and lubricating oil additives. It is extensively used as a protective barrier in the adhesive industry. For instance, it is used where exposure to sunlight is a potential risk for sealants. Medium molecular weight polyisobutylene is employed in insulating glass sealants and roofing membranes in the construction industry. Furthermore, it is used in protective films or acoustic barriers in the automotive industry. Medium molecular weight polyisobutylene is also an essential ingredient in the production of chewing gums.
This report studies the global Medium Molecular Weight Polyisobutylene production, demand, key manufacturers, and key regions.
This report is a detailed and comprehensive analysis of the world market for Medium Molecular Weight Polyisobutylene, and provides market size (US$ million) and Year-over-Year (YoY) Growth, considering 2022 as the base year. This report explores demand trends and competition, as well as details the characteristics of Medium Molecular Weight Polyisobutylene that contribute to its increasing demand across many markets.
Highlights and key features of the study
Global Medium Molecular Weight Polyisobutylene total production and demand, 2018-2029, (MT)
Global Medium Molecular Weight Polyisobutylene total production value, 2018-2029, (USD Million)
Global Medium Molecular Weight Polyisobutylene production by region & country, production, value, CAGR, 2018-2029, (USD Million) & (MT)
Global Medium Molecular Weight Polyisobutylene consumption by region & country, CAGR, 2018-2029 & (MT)
U.S. VS China: Medium Molecular Weight Polyisobutylene domestic production, consumption, key domestic manufacturers and share
Global Medium Molecular Weight Polyisobutylene production by manufacturer, production, price, value and market share 2018-2023, (USD Million) & (MT)
Global Medium Molecular Weight Polyisobutylene production by Type, production, value, CAGR, 2018-2029, (USD Million) & (MT)
Global Medium Molecular Weight Polyisobutylene production by Application production, value, CAGR, 2018-2029, (USD Million) & (MT)
This reports profiles key players in the global Medium Molecular Weight Polyisobutylene market based on the following parameters – company overview, production, value, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include BASF, ENEOS, Shandong Hongrui and Zhejiang Shunda, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, COVID-19 and Russia-Ukraine War Influence.
Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the World Medium Molecular Weight Polyisobutylene market
Detailed Segmentation:
Each section contains quantitative market data including market by value (US$ Millions), volume (production, consumption) & (MT) and average price (USD/MT) by manufacturer, by Type, and by Application. Data is given for the years 2018-2029 by year with 2022 as the base year, 2023 as the estimate year, and 2024-2029 as the forecast year.
Global Medium Molecular Weight Polyisobutylene Market, By Region:
United States
China
Europe
Japan
South Korea
ASEAN
India
Rest of World
Global Medium Molecular Weight Polyisobutylene Market, Segmentation by Type
Industrial Grade
Food Grade
Global Medium Molecular Weight Polyisobutylene Market, Segmentation by Application
Adhesives
Sealants
Bitumen
Chewing Gum
Others
Companies Profiled:
BASF
ENEOS
Shandong Hongrui
Zhejiang Shunda
Key Questions Answered
1. How big is the global Medium Molecular Weight Polyisobutylene market?
2. What is the demand of the global Medium Molecular Weight Polyisobutylene market?
3. What is the year over year growth of the global Medium Molecular Weight Polyisobutylene market?
4. What is the production and production value of the global Medium Molecular Weight Polyisobutylene market?
5. Who are the key producers in the global Medium Molecular Weight Polyisobutylene market?
6. What are the growth factors driving the market demand?