Press release
Polybutene Market is projected to reach a value of USD 3.12 billion by 2029, growing at a CAGR of 4.7% during the forecast period
Polybutene Market
Polybutene, a colorless, odorless, and tasteless pale yellow viscous liquid derived from isobutylene, is witnessing significant demand from various end-use industries worldwide, driving the growth of the global polybutene market. Its beneficial properties have attracted producers across the market for numerous applications. The Asia Pacific region, in particular, is a key developing market due to high demand from the petroleum industries. The region's demand for fuel and lubricant additives, as well as lubricants, is fueling the market growth of polybutene. For instance, Daelim's Petrochemical Business Division has expanded its highly reactive polybutene plant in South Korea to become a global leader in the sector.
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What are Polybutene Market Dynamics?
Among the applications, adhesive-based polybutene held the largest market share in 2022, primarily used in diapers and feminine products due to its high flexibility at low temperatures. The lubricant segment is expected to witness substantial growth, replacing mineral oil in automotive and industrial lubrication due to polybutene's unique properties such as good lubricity, hydrophobicity, high film strength, and non-corrosive nature.
What are Polybutene Market regional insights:
Regionally, the Asia-Pacific market leads the global polybutene market, benefiting from rapid industrialization, low labor costs, and economic growth. Government initiatives in China and India to drive economic growth through innovation are also contributing to the demand for polybutene. In North America, the growing application of polybutene in cosmetic and personal care products is driving market demand. The increasing prevalence of skin diseases globally has further spurred the consumption of skincare products.
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What is Polybutene Market Segmentation?
by Application
• Adhesives
• Cosmetics
• Electrical Insulation
• Fuel and Lubricant Additives
• Lubricants
• Others
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Who are Polybutene Market Key Players?
• BASF SE
• Dongfang Hongye Limited Company
• DAELIM
• INEOS
• Lubrizol Corporation
• LyondellBasell Industries Holdings B.V.
• Mitsui Chemicals, Inc.
• TPC Group
• Ylem Technology Co., Ltd.
• Braskem
• KEMAT Polybutenes
• SOLTEX
• Maharashtra Polybutenes Ltd
• A S Harrison & Co Pty Limited
• Kothari Petrochemicals
• Infineum International Limited
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Table of content for the Polybutene Market includes:
1. Global Polybutene Market: Research Methodology
2. Global Polybutene Market: Executive Summary
• Market Overview and Definitions
• Introduction to the Global Market
• Summary
• Key Findings
• Recommendations for Investors
• Recommendations for Market Leaders
• Recommendations for New Market Entry
3. Global Polybutene Market: Competitive Analysis
• MMR Competition Matrix
• Market Structure by region
• Competitive Benchmarking of Key Players
• Consolidation in the Market
• M&A by region
• Key Developments by Companies
• Market Drivers
• Market Restraints
• Market Opportunities
• Market Challenges
• Market Dynamics
• PORTERS Five Forces Analysis
• PESTLE
• Regulatory Landscape by region
• North America
• Europe
• Asia Pacific
• Middle East and Africa
• South America
• COVID-19 Impact
4. Global Polybutene Market Segmentation
• Global Market, by Application (2021-2029)
5. Regional Polybutene Market (2021-2029)
• Regional Market, by Application (2021-2029)
• Regional Market, by Country (2021-2029)
6. Company Profile: Key players
• Company Overview
• Financial Overview
• Global Presence
• Capacity Portfolio
• Business Strategy
• Recent Developments
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Key Offerings:
• Past Market Size and Competitive Landscape (2018 to 2021)
• Past Pricing and price curve by region (2018 to 2021)
• Market Size, Share, Size & Forecast by different segment | 2022-2029
• Market Dynamics - Growth Drivers, Restraints, Opportunities, and Key Trends by region
• Market Segmentation - A detailed analysis by Product
• Competitive Landscape - Profiles of selected key players by region from a strategic perspective
• Competitive landscape - Market Leaders, Market Followers, Regional player
• Competitive benchmarking of key players by region
• PESTLE Analysis
• PORTER's analysis
• Value chain and supply chain analysis
• Legal Aspects of business by region
• Lucrative business opportunities with SWOT analysis
• Recommendations
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Maximize Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology and communication, cars and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.
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