Global Polyisobutylene (PIB) Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030

Global Polyisobutylene (PIB) Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030

Polyisobutylene (PIB, also called polyisobutene, CAS 9003-27-4) 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.

According to our (Global Info Research) latest study, the global Polyisobutylene (PIB) market size was valued at US$ 2166 million in 2023 and is forecast to a readjusted size of USD 2668 million by 2030 with a CAGR of 3.1% during review period.

Global key producers of polyisobutylene (PIB) include TPC, Infineum, Lubrizol and others. The top four producers together account for more than 60% of the market share, with the largest producer being Daelim with 18% of the market share. Global origins are mainly located in North America, Europe, China, Japan, Korea, South America, India, etc. In terms of product categories, low-molecular-weight polyisobutylene holds the largest market share, with a share of about 95%. In terms of applications, fuel and lubricant additives is the top applications with a 76% market share, followed by adhesive and sealant.

This report is a detailed and comprehensive analysis for global Polyisobutylene (PIB) market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2024, are provided.

Key Features:

Global Polyisobutylene (PIB) market size and forecasts, in consumption value ($ Million), sales quantity (K MT), and average selling prices (USD/MT), 2019-2030

Global Polyisobutylene (PIB) market size and forecasts by region and country, in consumption value ($ Million), sales quantity (K MT), and average selling prices (USD/MT), 2019-2030

Global Polyisobutylene (PIB) market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (K MT), and average selling prices (USD/MT), 2019-2030

Global Polyisobutylene (PIB) market shares of main players, shipments in revenue ($ Million), sales quantity (K MT), and ASP (USD/MT), 2019-2024

The Primary Objectives in This Report Are:

To determine the size of the total market opportunity of global and key countries

To assess the growth potential for Polyisobutylene (PIB)

To forecast future growth in each product and end-use market

To assess competitive factors affecting the marketplace

This report profiles key players in the global Polyisobutylene (PIB) market based on the following parameters - company overview, sales quantity, revenue, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include TPC, Infineum, Lubrizol, BASF, Ineos, Daelim, Chevron Oronite, ENEOS, Braskem, Jilin Petrochemical(CNPC), etc.

This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.

Market Segmentation

Polyisobutylene (PIB) market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.

Market segment by Type
Low Molecular Weight Polyisobutylene
Medium Molecular Weight Polyisobutylene
High Molecular Weight Polyisobutylene

Market segment by Application
Fuel & Lube Additives
Adhesive & Sealant
Plastic & Elastomer Modifier
Gum Base
Others

Major players covered
TPC
Infineum
Lubrizol
BASF
Ineos
Daelim
Chevron Oronite
ENEOS
Braskem
Jilin Petrochemical(CNPC)
Zhejiang Shunda
Kothari Petrochemicals
Shandong Hongrui
BASF-YPC

Market segment by region, regional analysis covers

North America (United States, Canada, and Mexico)

Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)

Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)

South America (Brazil, Argentina, Colombia, and Rest of South America)

Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)

The content of the study subjects, includes a total of 15 chapters:

Chapter 1, to describe Polyisobutylene (PIB) product scope, market overview, market estimation caveats and base year.

Chapter 2, to profile the top manufacturers of Polyisobutylene (PIB), with price, sales quantity, revenue, and global market share of Polyisobutylene (PIB) from 2019 to 2024.

Chapter 3, the Polyisobutylene (PIB) competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.

Chapter 4, the Polyisobutylene (PIB) breakdown data are shown at the regional level, to show the sales quantity, consumption value, and growth by regions, from 2019 to 2030.

Chapter 5 and 6, to segment the sales by Type and by Application, with sales market share and growth rate by Type, by Application, from 2019 to 2030.

Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value, and market share for key countries in the world, from 2019 to 2024.and Polyisobutylene (PIB) market forecast, by regions, by Type, and by Application, with sales and revenue, from 2025 to 2030.

Chapter 12, market dynamics, drivers, restraints, trends, and Porters Five Forces analysis.

Chapter 13, the key raw materials and key suppliers, and industry chain of Polyisobutylene (PIB).

Chapter 14 and 15, to describe Polyisobutylene (PIB) sales channel, distributors, customers, research findings and conclusion.