The Global Polyisobutylene Market Research Report published by Emergen Research has been formulated by analysis of key business details and extensive geographical spread of the Polyisobutylene industry. The study offers comprehensive coverage of the qualitative and quantitative analysis of the Polyisobutylene market along with crucial statistical data about the Polyisobutylene market. The report also profiles established and emerging players of the market, covering the business overview, product portfolio, strategic alliances, and business expansion strategies.

 

The global Polyisobutylene (PIB) market size was USD 2.90 Billion in 2022 and is expected to register a revenue CAGR of 6.1% during the forecast period. Significant investments in undercoating and rustproofing in the automotive industry play a major role in driving market revenue growth. PIB-based undercoating and rustproofing materials are used to protect undercarriage of vehicles from corrosion and abrasion caused by road salt, water, and debris. These coatings provide a durable barrier against environmental damage. In addition, Polyisobutylene (PIB) are widely used as vibration dampers in various vehicle components, including suspension systems and engine mounts. Their viscoelastic properties help reduce noise and vibrations, leading to improved ride comfort and reduced wear and tear on vehicle components. Globalization of supply chains and rising demand from aerospace and defense industry are major factors driving the market revenue growth. PIBs continue to be used in aerospace applications, including fuel systems and lubricants for aircraft engines. The aerospace industry demands high-performance materials that can withstand extreme conditions.

 

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Due to movement restrictions and lockdowns due to the current COVID-19 pandemic, the growth of the Polyisobutylene industry is expected to be negatively affected. In addition to the impact of the COVID-19 pandemic on numerous global markets, the Polyisobutylene industry is expected to feel the effect as well. The slowdown in economic growth and dynamic changes in demand will further affect industry growth. The report covers the impact analysis of the COVID-19 pandemic on the overall Polyisobutylene industry.

It focuses on the recent mergers & acquisitions, joint ventures, collaborations, partnerships, licensing agreements, brand promotions, and product launches, among others. The report also provides details about the company overview, business expansion plans, product portfolio, manufacturing and production capacity, global market position, financial status, and consumer base.

The report also discusses the key players involved in the market such as

BASF SE, Daelim Co., Ltd., TPC Group, Braskem, Evonik Oxeno, Chevron Oronite, YPF, KEMAT Polybutylenes, Kothari Petrochemicals Limited, Zhejiang Shunda New Material Co., Ltd

Radical Highlights of the Polyisobutylene Market Report:

  • Comprehensive overview of the Polyisobutylene market along with analysis of the changing dynamics of the market
  • Growth Assessment of various market segments throughout the forecast period
  • Regional and global analysis of the market players, including their market share and global position
  • Growth strategies adopted by key market players to combat the impact of the COVID-19 pandemic on the market
  • Impact of the technological developments and R&D advancements on the Polyisobutylene market
  • Information about profit-making strategies and developmental strategies of major companies and manufacturers
  • Insightful information for the new entrants willing to enter the market
  • Details and insights about business expansion strategies, product launches, and other collaborations
  • The report incorporates advanced analytical tools such as SWOT analysis, Porter’s Five Forces Analysis, feasibility analysis, and investment return analysis

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Major Geographies Analyzed in the Report:

  • North America (U.S., Canada)
  • Europe (U.K., Italy, Germany, France, Rest of EU)
  • Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
  • Latin America (Chile, Brazil, Argentina, Rest of Latin America)
  • Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)

Analysis of the segments and their growth projection is carried out by extensive historical and current analysis of the market scenario. Further, the report offers details about the factors and features of the Polyisobutylene market expected to boost the growth of the industry in the coming years.

Polyisobutylene Market Segmentation:

 

  • Product Type Outlook (Revenue, USD Billion; 2019-2032)

    • Conventional PIB
    • Highly Reactive PIB
    • Others

 

 

  • Application Outlook (Revenue, USD Billion; 2019-2032)

    • Lube Additives
    • Fuel Additives
    • Industrial Lubes & Others
    • Others

 

 

  • End-Use Industry Outlook (Revenue, USD Billion; 2019-2032)

    • Transportation
    • Industrial
    • Food
    • Others

 

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The report focuses on current and future market growth, technological advancements, volume, raw materials, and profiles of the key companies involved in the market. The report provides valuable insights to the stakeholders, investors, product managers, marketing executives, and other industry professionals.

ToC of the report:

Chapter 1: Market overview and scope

Chapter 2: Market outlook

Chapter 3: Impact analysis of COVID-19 pandemic

Chapter 4: Competitive Landscape

Chapter 5: Drivers, Constraints, Opportunities, Limitations

Chapter 6: Key manufacturers of the industry

Chapter 7: Regional analysis

Chapter 8: Market segmentation based on type applications

Chapter 9: Current and Future Trends

Thank you for reading our report. Please get in touch with us if you have any query regarding the report or its customization. Our team will ensure the report is best suited to your needs.

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