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Polybutene-1 Market Share

  • Report ID: GMI4669
  • Published Date: May 2020
  • Report Format: PDF

Polybutene-1 Market Share

LyondellBasell largest producer of Polybuten-1 in the world also leading in research and development front. For instance, the company has introduced new product “Purell KT MR 07”, the first polybutene-1 resin for healthcare application including IV bags and medical tubing. The company has the largest polybutene-1 production plant in world and supplies to various pipe & plumbing systems manufacturers in Europe and other regions.
 

Market is highly concentrated with only five manufacturers in the world. Major players involved in the polybutene-1 industry are :

  • Lyndollbessel
  • Mitsui Chemicals
  • Ylem Technology
  • Shandong Hongye Chemical 
  • Shandong Tengzhou Rida Chemical Co., Ltd.
Authors: Kiran Pulidindi

Frequently Asked Questions (FAQ) :

According to credible reports, polybutene-1 market would record a CAGR of 2.4% over the anticipated time span.

Overall polybutene-1 market recorded a remuneration of USD 375 million in 2019.

According to the report published by Global Market Insights Inc., the Polybutene-1 business is supposed to attain $392.3 million by 2026.

Rapid construction growth, increasing polymer penetration in plumbing application, strong demand for easy open packaging around the world, rising hot-melt adhesives from end use industries, and strong demand from PP and PE producers are major key factors expected to drive the growth of global market.

LyondellBasell, Mitsui Chemicals, Ylem Technology, Shandong Hongye Chemical, Shandong Tengzhou Rida Chemical Co., Ltd. are some of the top contributors in the industry.

The extrusion grade segment registered a major share in 2019 and is anticipated to record a remarkable growth rate throughout the forecast period.

Polybutene-1 Market Scope

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Premium Report Details

  • Base Year: 2019
  • Companies covered: 5
  • Tables & Figures: 102
  • Countries covered: 6
  • Pages: 105
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