Global Polyisobutylene (PIB) Market Growth 2023-2029

Global Polyisobutylene (PIB) Market Growth 2023-2029

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.
LPI (LP Information)' newest research report, the “Polyisobutylene (PIB) Industry Forecast” looks at past sales and reviews total world Polyisobutylene (PIB) sales in 2022, providing a comprehensive analysis by region and market sector of projected Polyisobutylene (PIB) sales for 2023 through 2029. With Polyisobutylene (PIB) sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Polyisobutylene (PIB) industry.
This Insight Report provides a comprehensive analysis of the global Polyisobutylene (PIB) 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 Polyisobutylene (PIB) portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Polyisobutylene (PIB) market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Polyisobutylene (PIB) 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 Polyisobutylene (PIB).
The global Polyisobutylene (PIB) market size is projected to grow from US$ 2294.4 million in 2022 to US$ 3049.8 million in 2029; it is expected to grow at a CAGR of 3049.8 from 2023 to 2029.
Leading supplers in the market are TPC Group, Infineum, Lubrizol, BASF, Ineos, Daelim and Chevron Oronite.
This report presents a comprehensive overview, market shares, and growth opportunities of Polyisobutylene (PIB) market by product type, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
Low Molecular Weight Polyisobutylene
Medium Molecular Weight Polyisobutylene
High Molecular Weight Polyisobutylene
Segmentation by application
Fuel & Lube Additives
Adhesive & Sealant
Plastic & Elastomer Modifier
Gum Base
Other
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.
TPC
Infineum
Lubrizol
BASF
Ineos
Daelim
Chevron Oronite
ENEOS
Braskem
Jilin Petrochemical(CNPC)
Zhejiang Shunda
Kothari Petrochemicals
Shandong Hongrui
BASF-YPC
Key Questions Addressed in this Report
What is the 10-year outlook for the global Polyisobutylene (PIB) market?
What factors are driving Polyisobutylene (PIB) market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Polyisobutylene (PIB) market opportunities vary by end market size?
How does Polyisobutylene (PIB) 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.