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Polyisobutylene Market Share

  • Report ID: GMI1137
  • Published Date: Jul 2021
  • Report Format: PDF
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Polyisobutylene Market Share

The key players of the polyisobutylene industry majorly focus on expanding their product portfolio and regional presence. In February 2021, BASF introduced OPPANOL C in the North America market. OPPANOL C can be used in a variety of applications from food packaging to different industrial applications.
 

Some of the major players operating in the market include:

  • Braskem SA
  • RB Products, Inc
  • TPC Group
  • Lanxess
  •  nfineum International Ltd
  • Kothari Petrochemicals
  • Janex
  • ExxonMobil Corporation
  • Berkshire Hathaway Inc.
  • The Lubrizol Corporation
  • Chevron Oronite Company LLC
  •  Mayzo
Authors: Kiran Pulidindi, Hiralkumar Patel

Frequently Asked Questions (FAQ) :

The market for polyisobutylene is expected to reach $2 billion by 2027 and will grow at a robust 5% CAGR across 2021-2027 with surging demand for tubeless tires.

Polyisobutylene or PIB is consumed across several applications like tire manufacturing, fuel additives, lubricants as well as adhesives and sealants.

The C-PIB product segment accounted for more than 82.6% share of global polyisobutylene market in 2020 and will expand at a CAGR of 4.7% through 2027 owing to benefits like resistance to oxidation and photodegradation.

The lube additives application segment accounted for 49.1% share of the polyisobutylene market in 2020 and could reach 50.1% share by 2027, partly due to increased demand from lubricant producers.

The polyisobutylene market in Europe is forecast to grow at a 4.4% CAGR through 2027 owing to rising consumption of PIB-based butyl rubber in automobile component production.

Polyisobutylene Market Scope

  • Polyisobutylene Market Size
  • Polyisobutylene Market Analysis
  • Polyisobutylene Market Share

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    Premium Report Details

    • Base Year: 2020
    • Companies covered: 13
    • Tables & Figures: 152
    • Countries covered: 17
    • Pages: 200
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