Polybutene-1 market size is estimated to be worth US$ 297.6 million in 2022 and is forecast to a readjusted size of US$ 356.9 million by 2029 with a CAGR of 2.6% - Valuates Reports

Due to the COVID-19 pandemic, the global Polybutene-1 market size is estimated to be worth US$ 297.6 million in 2022 and is forecast to a readjusted size of US$ 356.9 million by 2029 with a CAGR of 2.6% during the forecast period 2023-2029.

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Fully considering the economic change by this health crisis, Extrusion Grade PB-1 accounting for % of the Polybutene-1 global market in 2022, is projected to value US$ million by 2029, growing at a revised % CAGR from 2023 to 2029.

While Plumbing System segment is altered to an % CAGR throughout this forecast period.

Polybutylene (polybutene-1, poly(1-butene), PB-1) is a polyolefin or saturated polymer with the chemical formula (C4H8)n. It should not be confused with polybutene, a low molecular weight oligomer.

Polybutylene is produced by polymerisation of 1-butene using supported Ziegler-Natta catalysts. PB-1 is a high molecular weight, linear, isotactic, and semi-crystalline polymer. PB-1 combines typical characteristics of conventional polyolefins with certain properties of technical polymers.

PB-1, when applied as a pure or reinforced resin, can replace materials like metal, rubber and engineering polymers. It is also used synergistically as a blend element to modify the characteristics of other polyolefins like polypropylene and polyethylene. Because of its specific properties it is mainly used in pressure Plumbing System, flexible packaging, water heaters, compounding and hot melt adhesives.

Polybutene-1 Market Analysis and Insights
LyondellBasell, Mitsui Chemicals, Ylem Technology and Shandong Hongye Chemical are the leaders of the Polybutene-1 industry, which take about 100% market share. Europe is the major region of the global market, which takes about 30% market share.

Polybutene-1 Market Scope and Market Size
The global Polybutene-1 market is segmented by company, region (country), type and application. Players, stakeholders, and other participants in the global Polybutene-1 market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by region (country), type and application for the period 2018-2029.

Segment by Type
-Extrusion Grade PB-1
-Injection Molding Grade PB-1
-Extrusion Blow Molding Grade PB-1

Segment by Application
-Plumbing System
-Packaging Material
-Hot Melt Adhesives
-Others

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