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Polyisobutylene Industry 2025 by Worldwide Market Size, Key Vendors( ExxonMobil Corporation, BASF SE, Lanxess AG, INEOS, TPC Group, Chevron Oronite Company LLC, The Lubrizol Corporation, Infineum International Ltd., Berkshire Hathaway Inc., Kothari Petroc
Global Polyisobutylene Market
The global Polyisobutylene market accounted for USD 2.21 billion in 2017 and is projected to grow at a CAGR of 5.1% during the forecast period of 2018 to 2025. The upcoming market report contains data for historic years 2015, 2016, the base year of calculation is 2017 and the forecast period is 2018 to 2025.
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Frequently Asked Questions?
• What will the market size be in 2025?
• What are the key factors driving the global market?
• What are the challenges to market growth?
• Who are the key players in the market?
• What are the market opportunities and threats faced by the key players?
• What will be the growth rate in 2025?
• Which strategies are used by top players in the Global Polyisobutylene market?
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Global Company Landscape of Polyisobutylene market
The global polyisobutylene market is fragmented with the presence of a large number of players across different regions. These major players have adopted various organic as well as inorganic growth strategies such as mergers & acquisitions, new product launches, expansions, agreements, joint ventures, partnerships, and others to strengthen their position in this market.
Global Market Drivers and Restraints of Polyisobutylene market
• High demand for tire and tube manufacturing
• Positive growth in adhesives & sealants industry
• Increasing demand in medical packaging
• Stringent environmental legislations
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Top Competitors of Market
• ExxonMobil Corporation,
• BASF SE,
• Lanxess AG,
• INEOS,
• TPC Group,
• Chevron Oronite Company LLC,
• The Lubrizol Corporation,
• Infineum International Ltd.,
• Berkshire Hathaway Inc.,
• Kothari Petrochemicals,
• Sibur
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Market Segmentation: Global Activated Bleaching Earth Market
The polyisobutylene market is segmented on the basis of molecular weight into low MW PIB, medium MW PIB, and high MW PIB.
On the basis of product, the market is segmented into conventional PIB and highly reactive PIB.
On the basis of application, the market is segmented into tires, lube additives, fuel additives, stroke engines, industrial lubes & others and adhesives & sealants.
On the basis of end-user, the market is segmented into transportation, industrial, food and others.
On the basis of geography, the polyisobutylene market report covers data points for 28 countries across multiple geographies such as North America, South America, Europe, Asia-Pacific and Middle East & Africa. Some of the major countries covered in this report are U.S., Canada, Germany, France, U.K., Netherlands, Switzerland, Turkey, Russia, China, India, South Korea, Japan, Australia, Singapore, Saudi Arabia, South Africa, and Brazil among others.
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