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