In the latest report from Emergen Research, the market research report discusses the global Polyisobutylene Market in depth, and each of the major market segments is examined in depth. In addition to market information, the report provides industry statistics, regional market revenue shares, gross profits, production distribution costs, and product portfolios related to the global Polyisobutylene Market. There are also a number of factors influencing industry revenue growth identified in the report, including drivers, opportunities, trends, restraints, challenges, demand and supply ratios, production and consumption patterns, stringent regulatory frameworks, as well as a multitude of other micro- and macro-economic factors.
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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The report discusses in detail the growth opportunities, challenges, market drivers and restraints, limitations, threats, and demands of the Polyisobutylene Market. The study further assesses the regional market as well as the international market to garner an insight into the scope of the market. The report also offers estimations and predictions about the market segment and sub-segments exhibiting promising growth in the forecast timeline.
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
Key insights presented in the report:
- Market revenue shares by major business players, by type, by application, and market scope of global Polyisobutylene market
- Sales revenue by key players and new entrants
- Competitive analysis of the key players including aspects such as company overview, product or services specification, vendors, and buyers.
- Recent mergers, acquisitions, product launches, recent investments, and joint ventures
- Regional analysis to provide insight to recent trends and opportunities
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The competitive analysis also includes regional analysis of major geographical regions. The report covers regions such as North America, Europe, Asia-Pacific, Latin America, and the Middle East and Africa. The report also offers a country wise analysis to impart better understanding of the global Polyisobutylene market with regards to market share, market size, production and consumption ratio, product launches and RD activities, investment opportunities, and presence of key players in the region.
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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ToC of the report:
Chapter 1: Polyisobutylene Market overview and scope
Chapter 2: Polyisobutylene 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: Polyisobutylene 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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