Europe Polyisobutene Market Size, Share & Trends Analysis Report By Molecular Weight Type, By Application (Lubricant Additives, Adhesives & Sealants, Automotive Rubber Components, Fuel Additives, and Others), By Country and Growth Forecast, 2023 - 2030
The Europe Polyisobutene Market would witness market growth of 5.2% CAGR during the forecast period (2023-2030). In the year 2020, the Europe market's volume surged to 165.03 Kilo Tonnes, showcasing a growth of 4.5% (2019-2022).
Polyisobutene is involved in certain polymerization processes within the chemical industry. It can be a key component in producing specific polymer materials with tailored properties. It's emulsifying properties make it suitable as an emulsifier and dispersing agent. It aids in the formulation of stable emulsions and dispersions in chemical applications.
Polyisobutene is utilized in drug delivery systems. Its biocompatibility and ability to provide controlled-release profiles make it suitable for sustained-release and extended-release drug formulations, improving the efficacy and safety of medications. This serves as a crucial raw material for synthesizing various copolymers and elastomers.
In Germany, where high-performance lubricants are crucial for automotive and industrial applications, its demand as a viscosity index improver contributes to its growth. Lubricant additives play a critical role in maintaining the thermal stability and oxidation resistance of oils in Germany. With its inherent stability, it is used in Germany to enhance these properties in lubricants. Thus, all these factors will uplift the regional market’s expansion in the coming years.
The Germany market dominated the Europe Polyisobutene Market by Country in 2022 and would continue to be a dominant market till 2030; thereby, achieving a market value of $206.8 million by 2030. The UK market is exhibiting a CAGR of 4.3% during (2023 - 2030). Additionally, The France market would experience a CAGR of 6% during (2023 - 2030).
Based on Molecular Weight Type, the market is segmented into High, Medium, and Low. Based on Application, the market is segmented into Lubricant Additives, Adhesives & Sealants, Automotive Rubber Components, Fuel Additives, and Others. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
List of Key Companies Profiled
- Lanxess AG
- BASF SE
- Berkshire Hathaway, Inc.
- Reliance Industries Limited
- INEOS Group Holdings S.A.
- Braskem SE (Odebrecht S.A)
- ENEOS Corporation (Eneos Holdings)
- Exxon Mobil Corporation
- Chevron Oronite Company LLC
- TPC Group
By Molecular Weight Type (Volume, Kilo Tonnes, USD Billion, 2019-2030)
- High
- Medium
- Low
- Lubricant Additives
- Adhesives & Sealants
- Automotive Rubber Components
- Fuel Additives
- Others
- Germany
- UK
- France
- Russia
- Spain
- Italy
- Rest of Europe
- Chapter 1. Market Scope & Methodology
- 1.1 Market Definition
- 1.2 Objectives
- 1.3 Market Scope
- 1.4 Segmentation
- 1.4.1 Europe Polyisobutene Market, by Molecular Weight Type
- 1.4.2 Europe Polyisobutene Market, by Application
- 1.4.3 Europe Polyisobutene Market, by Country
- 1.5 Methodology for the research
- Chapter 2. Market at a Glance
- 2.1 Key Highlights
- Chapter 3. Market Overview
- 3.1 Introduction
- 3.1.1 Overview
- 3.1.1.1 Market Composition and Scenario
- 3.2 Key Factors Impacting the Market
- 3.2.1 Market Drivers
- 3.2.2 Market Restraints
- 3.2.3 Market Opportunities
- 3.2.4 Market Challenges
- 3.3 Porter’s Five Forces Analysis
- Chapter 4. Europe Polyisobutene Market by Molecular Weight Type
- 4.1 Europe High Market by Country
- 4.2 Europe Medium Market by Country
- 4.3 Europe Low Market by Country
- Chapter 5. Europe Polyisobutene Market by Application
- 5.1 Europe Lubricant Additives Market by Country
- 5.2 Europe Adhesives & Sealants Market by Country
- 5.3 Europe Automotive Rubber Components Market by Country
- 5.4 Europe Fuel Additives Market by Country
- 5.5 Europe Others Market by Country
- Chapter 6. Europe Polyisobutene Market by Country
- 6.1 Germany Polyisobutene Market
- 6.1.1 Germany Polyisobutene Market by Molecular Weight Type
- 6.1.2 Germany Polyisobutene Market by Application
- 6.2 UK Polyisobutene Market
- 6.2.1 UK Polyisobutene Market by Molecular Weight Type
- 6.2.2 UK Polyisobutene Market by Application
- 6.3 France Polyisobutene Market
- 6.3.1 France Polyisobutene Market by Molecular Weight Type
- 6.3.2 France Polyisobutene Market by Application
- 6.4 Russia Polyisobutene Market
- 6.4.1 Russia Polyisobutene Market by Molecular Weight Type
- 6.4.2 Russia Polyisobutene Market by Application
- 6.5 Spain Polyisobutene Market
- 6.5.1 Spain Polyisobutene Market by Molecular Weight Type
- 6.5.2 Spain Polyisobutene Market by Application
- 6.6 Italy Polyisobutene Market
- 6.6.1 Italy Polyisobutene Market by Molecular Weight Type
- 6.6.2 Italy Polyisobutene Market by Application
- 6.7 Rest of Europe Polyisobutene Market
- 6.7.1 Rest of Europe Polyisobutene Market by Molecular Weight Type
- 6.7.2 Rest of Europe Polyisobutene Market by Application
- Chapter 7. Company Profiles
- 7.1 Lanxess AG
- 7.1.1 Company Overview
- 7.1.2 Financial Analysis
- 7.1.3 Segmental and Regional Analysis
- 7.1.4 Research & Development Expenses
- 7.1.5 SWOT Analysis
- 7.2 BASF SE
- 7.2.1 Company Overview
- 7.2.2 Financial Analysis
- 7.2.3 Segmental and Regional Analysis
- 7.2.4 Research & Development Expense
- 7.2.5 Recent strategies and developments:
- 7.2.5.1 Partnerships, Collaborations, and Agreements:
- 7.2.5.2 Product Launches and Product Expansions:
- 7.2.6 SWOT Analysis
- 7.3 Berkshire Hathaway, Inc. (International Dairy Queen Inc.)
- 7.3.1 Company Overview
- 7.3.2 Financial Analysis
- 7.3.3 Segmental and Regional Analysis
- 7.3.4 SWOT Analysis
- 7.4 Reliance Industries Limited
- 7.4.1 Company Overview
- 7.4.2 Financial Analysis
- 7.4.3 Segmental Analysis
- 7.4.4 Research & Development Expenses
- 7.4.5 SWOT Analysis
- 7.5 INEOS Group Holdings S.A.
- 7.5.1 Company Overview
- 7.5.2 Financial Analysis
- 7.5.3 Segmental and Regional Analysis
- 7.5.4 SWOT Analysis
- 7.6 Braskem S.A. (Odebrecht S.A)
- 7.6.1 Company Overview
- 7.6.2 Financial Analysis
- 7.6.3 Segmental Analysis
- 7.6.4 Research & Development Expenses
- 7.6.5 SWOT Analysis
- 7.7 ENEOS Corporation (Eneos Holdings)
- 7.7.1 Company Overview
- 7.7.2 Financial Analysis
- 7.7.3 Segmental and Regional Analysis
- 7.7.4 Research & Development Expenses
- 7.7.5 SWOT Analysis
- 7.8 Exxon Mobil Corporation
- 7.8.1 Company Overview
- 7.8.2 Financial Analysis
- 7.8.3 Segmental and Regional Analysis
- 7.8.4 Research & Development Expenses
- 7.8.5 SWOT Analysis
- 7.9 Chevron Oronite Company LLC
- 7.9.1 Company Overview
- 7.9.2 SWOT Analysis
- 7.10. TPC Group
- 7.10.1 Company Overview
- 7.10.2 SWOT Analysis
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