Polyisobutylene Market Global Rising Demand & Huge Scope Till 2027

Polyisobutylene Market Forecast to 2027 - Covid-19 Impact and Global Analysis by Molecular Weight (Low, Medium, High); Product (Conventional PIB, Highly Reactive PIB); Application (Tires, Industrial Lubes and Lube Additives, Fuel Additives, Adhesives and Sealants, Others); End-Use Industry (Industrial, Food, Others) The global Polyisobutylene (PIB) market was valued at US$ 2,580.78 million in 2018 and is projected to reach US$ 3,847.01 million by 2027; it is expected to grow at a CAGR of 4.5% during the forecast period 2019-2027.

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Competitive Landscape: Polyisobutylene Market:
The world-wide changes in construction industry associated with the use of material are changing faster than ever before. Urbanization is considered one of the international megatrends, shaking up the construction industry. The population of the global urban zones is rising by 200,000 people per day, all of whom need reasonably priced housing, transportation, as well as social and utility infrastructure. In such challenges, the construction industry is practically under a moral compulsion to transform. Its transformation is impacting elsewhere on the wider society, by reducing construction costs and by enlightening the use of scarce materials or by making buildings more eco-efficient and boosting economic development and by narrowing the global infrastructure gap. Utilization of polyisobutylene owes to demand for material with high melt flow rates, greater elongation, and enhanced impact strength. Increasing infrastructure demand in the evolving economies of the Middle East & Africa and Asia Pacific on account of developing road infrastructure, increase in per capita ownership of houses and rising spending capacity are expected to affect the construction sector in the region, which in turn will drive the demand for polyisobutylene.

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BASF SE
Braskem SA
Daelim Industrial Petrochemical Division
Ineos AG
Infineum International Limited
KematPolybutenes
Kothari Petrochemicals
Sibur Holding PJSC
The Lubrizol Corporation
TPC Group

Chapter Details of Polyisobutylene Market:
Part 01: Executive Summary
Part 02: Scope of The Report
Part 03: Polyisobutylene Market Landscape
Part 04: Polyisobutylene Market Sizing
Part 05: Polyisobutylene Market Segmentation by Product
Part 06: Five Forces Analysis
Part 07: Customer Landscape
Part 08: Geographic Landscape
Part 09: Decision Framework
Part 10: Drivers and Challenges
Part 11: Market Trends
Part 12: Vendor Landscape
Part 13: Vendor Analysis

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