Polyisobutylene (PIB) (CAS 9003-27-4) Market (Updated Version Available)

The report offers detailed coverage of Polyisobutylene (PIB) (CAS 9003-27-4) industry and main market trends. The market research includes historical and forecast market data, demand, application details, price trends, and company shares of the leading Polyisobutylene (PIB) (CAS 9003-27-4) by geography. The report splits the market size, by volume and value, on the basis of application type and geography.
Polyisobutylene (PIB, also called polyisobutene) 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.

In the past several years, the global Polyisobutylene market is relatively stable with CAGR of 5.21% from 2012 to 2016. Leading supplers in the market are TPC Group, Infineum, Lubrizol, BASF, Ineos, Daelim and Chevron Oronite.

PIBs are usually classified into three groups according to molecular weight: Low Molecular Weight Polyisobutylene, Medium Molecular Weight Polyisobutylene and High Molecular Weight Polyisobutylene. Low Molecular Weight Polyisobutylene is the major types of Polyisobutylene which accounts for 95.96% of world production in terms of volume. Low Molecular Weight Polyisobutylene can be further divided in to high reactive Polyisobutylene and conventional. Production of Medium Molecular Weight Polyisobutylene is more concentrated. Key players operating in the medium molecular weight polyisobutylene market include BASF SE, Zhejiang Shunda New Material Co., JX Nippon Oil & Energy Corporation, and Shandong Hongrui Petrochemical Co., Ltd. High Molecular Weight Polyisobutylene production is comparatively limited. Currently BASF is the major supplier.

Application of Polyisobutylene can be classified as Fuel & Lube Additives, Adhesive & Sealant, Plastic & Elastomer Modifier, Gum Base etc. Fuel & Lube Additives is the largest application of Polyisobutylene, which accounts for 78.14% of world total consumption volume.


The report forecast global Polyisobutylene (PIB) (CAS 9003-27-4) market to grow to reach xxx Million USD in 2020 with a CAGR of xx% during the period 2021-2025.

First, this report covers the present status and the future prospects of the global Polyisobutylene (PIB) (CAS 9003-27-4) market for 2015-2025.
And in this report, we analyze global market from 5 geographies: Asia-Pacific[China, Southeast Asia, India, Japan, Korea, Western Asia], Europe[Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland], North America[United States, Canada, Mexico], Middle East & Africa[GCC, North Africa, South Africa], South America[Brazil, Argentina, Columbia, Chile, Peru].

Key Companies
TPC
Infineum
Lubrizol
BASF
Ineos
Daelim
Chevron Oronite
ENEOS
Braskem
Jilin Petrochemical
Shandong Hongrui
Zhejiang Shunda
BASF-YPC


At the same time, we classify Polyisobutylene (PIB) (CAS 9003-27-4) according to the type, application by geography. More importantly, the report includes major countries market based on the type and application.

Market Segment as follows:
Market by Order Type
Low Molecular Weight Polyisobutylene
Medium Molecular Weight Polyisobutylene
High Molecular Weight Polyisobutylene
Market by Application
Fuel & Lube Additives
Adhesive & Sealant
Plastic & Elastomer Modifier
Gum Base
Other

By Region
Asia-Pacific[China, Southeast Asia, India, Japan, Korea, Western Asia]
Europe[Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland]
North America[United States, Canada, Mexico]
Middle East & Africa[GCC, North Africa, South Africa]
South America[Brazil, Argentina, Columbia, Chile, Peru]

The research provides answers to the following key questions:
• What is the estimated growth rate and market share and size of the Polyisobutylene (PIB) (CAS 9003-27-4) market for the forecast period 2021 - 2025?
• What are the driving forces in the Polyisobutylene (PIB) (CAS 9003-27-4) market for the forecast period 2021 - 2025?
• Who are the prominent market players and how have they gained a competitive edge over other competitors?
• What are the market trends influencing the progress of the Polyisobutylene (PIB) (CAS 9003-27-4) industry worldwide?
• What are the major challenges and threats restricting the progress of the industry?
• What opportunities does the market hold for the prominent market players?