Global Medium Molecular Weight Polyisobutylene Market Growth 2023-2029

Global Medium Molecular Weight Polyisobutylene Market Growth 2023-2029

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.
LPI (LP Information)' newest research report, the “Medium Molecular Weight Polyisobutylene Industry Forecast” looks at past sales and reviews total world Medium Molecular Weight Polyisobutylene sales in 2022, providing a comprehensive analysis by region and market sector of projected Medium Molecular Weight Polyisobutylene sales for 2023 through 2029. With Medium Molecular Weight Polyisobutylene sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Medium Molecular Weight Polyisobutylene industry.
This Insight Report provides a comprehensive analysis of the global Medium Molecular Weight Polyisobutylene landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Medium Molecular Weight Polyisobutylene portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Medium Molecular Weight Polyisobutylene market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Medium Molecular Weight Polyisobutylene and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Medium Molecular Weight Polyisobutylene.
The global Medium Molecular Weight Polyisobutylene market size is projected to grow from US$ 158.5 million in 2022 to US$ 255.4 million in 2029; it is expected to grow at a CAGR of 255.4 from 2023 to 2029.
Global Medium Molecular Weight Polyisobutylene key players include BASF, Shandong Hongrui, Zhejiang Shunda, etc. Global top three manufacturers hold a share about 90%.
China is the largest market, with a share about 55%, followed by Europe, and North-East Asia (ex. China), both have a share over 40 percent.
In terms of product, Industrial Grade is the largest segment, with a share over 75%. And in terms of application, the largest application is Adhesives, followed by Sealants, Lubricants, Chewing gum, etc.
This report presents a comprehensive overview, market shares, and growth opportunities of Medium Molecular Weight Polyisobutylene market by product type, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
Food Grade
Industrial Grade
Segmentation by application
Adhesives
Sealants
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
BASF
ENEOS
Jilin Petrochemical（CNPC）
Shandong Hongrui
Zhejiang Shunda
Key Questions Addressed in this Report
What is the 10-year outlook for the global Medium Molecular Weight Polyisobutylene market?
What factors are driving Medium Molecular Weight Polyisobutylene market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Medium Molecular Weight Polyisobutylene market opportunities vary by end market size?
How does Medium Molecular Weight Polyisobutylene break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.