Global Polyisobutylene (PIB) Supply, Demand and Key Producers, 2023-2029

Global Polyisobutylene (PIB) Supply, Demand and Key Producers, 2023-2029

The global Polyisobutylene (PIB) market size is expected to reach $ 2643.9 million by 2029, rising at a market growth of 3.0% CAGR during the forecast period (2023-2029).

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.

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.

This report studies the global Polyisobutylene (PIB) production, demand, key manufacturers, and key regions.

This report is a detailed and comprehensive analysis of the world market for Polyisobutylene (PIB), 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 Polyisobutylene (PIB) that contribute to its increasing demand across many markets.

Highlights and key features of the study

Global Polyisobutylene (PIB) total production and demand, 2018-2029, (K MT)

Global Polyisobutylene (PIB) total production value, 2018-2029, (USD Million)

Global Polyisobutylene (PIB) production by region & country, production, value, CAGR, 2018-2029, (USD Million) & (K MT)

Global Polyisobutylene (PIB) consumption by region & country, CAGR, 2018-2029 & (K MT)

U.S. VS China: Polyisobutylene (PIB) domestic production, consumption, key domestic manufacturers and share

Global Polyisobutylene (PIB) production by manufacturer, production, price, value and market share 2018-2023, (USD Million) & (K MT)

Global Polyisobutylene (PIB) production by Type, production, value, CAGR, 2018-2029, (USD Million) & (K MT)

Global Polyisobutylene (PIB) production by Application production, value, CAGR, 2018-2029, (USD Million) & (K MT)

This reports profiles key players in the global Polyisobutylene (PIB) 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 TPC, Infineum, Lubrizol, BASF, Ineos, Daelim, Chevron Oronite, ENEOS and Braskem, 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 Polyisobutylene (PIB) market

Detailed Segmentation:

Each section contains quantitative market data including market by value (US$ Millions), volume (production, consumption) & (K 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 Polyisobutylene (PIB) Market, By Region:
United States
China
Europe
Japan
South Korea
ASEAN
India
Rest of World

Global Polyisobutylene (PIB) Market, Segmentation by Type
Low Molecular Weight Polyisobutylene
Medium Molecular Weight Polyisobutylene
High Molecular Weight Polyisobutylene

Global Polyisobutylene (PIB) Market, Segmentation by Application
Fuel & Lube Additives
Adhesive & Sealant
Plastic & Elastomer Modifier
Gum Base
Others

Companies Profiled:
TPC
Infineum
Lubrizol
BASF
Ineos
Daelim
Chevron Oronite
ENEOS
Braskem
Jilin Petrochemical(CNPC)
Zhejiang Shunda
Kothari Petrochemicals
Shandong Hongrui
BASF-YPC

Key Questions Answered

1. How big is the global Polyisobutylene (PIB) market?

2. What is the demand of the global Polyisobutylene (PIB) market?

3. What is the year over year growth of the global Polyisobutylene (PIB) market?

4. What is the production and production value of the global Polyisobutylene (PIB) market?

5. Who are the key producers in the global Polyisobutylene (PIB) market?

6. What are the growth factors driving the market demand?