Home / Businesswire / Polyisobutylene Market by Product (C-PIB and HR-PIB), Molecular Weight (Low, Medium, and High), Application (Tires, Lube Additives, and Fuel Additives), End-user (Transportation, Industrial, and Food) – Research and Markets

Polyisobutylene Market by Product (C-PIB and HR-PIB), Molecular Weight (Low, Medium, and High), Application (Tires, Lube Additives, and Fuel Additives), End-user (Transportation, Industrial, and Food) – Research and Markets

DUBLIN–(BUSINESS WIRE)–The "Polyisobutylene
Market by Product (C-PIB and HR-PIB), Molecular Weight (Low, Medium, and
High), Application (Tires, Lube Additives, and Fuel Additives), End-use
Industry (Transportation, Industrial, and Food), Region – Global
Forecast to 2022"
report has been added to Research and
Markets'
offering.

The Polyisobutylene Market is Projected to Grow from USD 2.16 Billion in
2017 to USD 2.78 Billion By 2022, at a CAGR of 5.2% from 2017 to 2022.

The major drivers fueling the growth of the polyisobutylene market
include increasing use of polyisobutylene in the transportation and
construction end-use industries across the globe. The risk of spilling
of polyisobutylene is the major factor restraining the growth of the
polyisobutylene market across the globe.

The transportation end-use industry segment accounted for the largest
share of the polyisobutylene market in 2016. This segment of the market
is also projected to grow at the highest CAGR during the forecast
period. The growth of the transportation end-use industry segment of the
polyisobutylene market can be attributed to the increased demand for
polyisobutylene from the transportation industry as it offers low
moisture absorption, low gas permeability, and high resistance to
chemicals and heat.

Moreover, polyisobutylene is preferably used in automobiles as it
improves the viscosity index of gear oils and acts as a thickener in
greases and smoke suppressants in 2-stroke oils. Polyisobutylene in the
form of rubber is used for developing inner liners, treads, and
sidewalls of tires, which enhance the fuel efficiency of vehicles.

The Asia Pacific polyisobutylene market is projected to grow at the
highest CAGR from 2017 to 2022. The growth of the Asia Pacific
polyisobutylene market can be attributed to the increasing demand for
polyisobutylene from the construction and transportation end-use
industries of the region. The increasing demand for polyisobutylene from
emerging economies such as China, India, Indonesia, and Malaysia, among
others makes the Asia Pacific region one of the lucrative markets for
manufacturers of polyisobutylene.

Key Topics Covered:

1 Introduction

2 Research Methodology

3 Executive Summary

4 Premium Insights

5 Market Overview

6 Pib Market, By Molecular Weight

7 Pib Market, By Product

8 Pib Market, By Application

9 Pib Market, By End-Use Industry

10 Pib Market, By Region

11 Competitive Landscape

12 Company Profiles

  • Basf
  • Daelim
  • Exxonmobil
  • Ineos
  • Lanxess
  • Lubrizol
  • Nizhnekamskneftekhim
  • Reliance
  • Sibur
  • TPC

For more information about this report visit https://www.researchandmarkets.com/research/5tmjlk/polyisobutylene?w=4

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Related
Topics: Rubber,
Adhesives
and Sealants
, Fuel
Additives
, Construction
Adhesives