openPR Logo
Press release

Polyisobutylene Market : Present Scenario and the Growth Prospects 2025

12-18-2017 08:27 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: TMR Research

Polyisobutylene Market : Present Scenario and the Growth

Global Polyisobutylene Market: Overview

Polyisobutylene is a commercial polymer that has widespread applications across numerous industries owing to its superior thermal stability, flexibility, and impermeability to gases. PIB is majorly used in the manufacture of inner tire tubes and adhesives and sealants.

The derivatives of PIB are used as thickening agent in motor fuels and in lubricating oils to minimize oil mist production.

Global Polyisobutylene Market: Key Trends

The global polyisobutylene (PIB) market is primarily driven by the strong demand from the tires and tubes manufacturing industries. Rubbers that contain PIB, stryrene-butadiene rubber, and nitrile rubber are preferred over conventional ones due to their impermeable nature. With increasing demand for tubeless tires due to their durability and low maintenance cost, the PIB market is expected to receive a boost.

Overall, robust demand for automotives in North America and Europe combined with increasing demand for automotives in BRIC nations with changing consumer demographics will favor the industry’s growth.

PIB is extensively used in medical packaging due to its high chemical resistance and its low permeability to air, gases, and moisture. The other medical packaging applications of PIB include saline bottles, injectables, serum vials, and seals. Moreover, high cleanliness, good fragmentation performance, and excellent self-healing are the advantages that PIB rubber offers over natural and other synthetic rubbers.

Request Sample Copy of the Report @ https://www.tmrresearch.com/sample/sample?flag=B&rep_id=1565

However, the PIB market faces certain growth constraints as well. The use of PIB as a lubricant in ship engines contaminates water, thereby affecting aquatic life by causing genetic alterations and deaths. Thus, measures for environment protection along with stringent government stipulations may challenge the market’s growth.

Nevertheless, increasing R&D efforts, rising usage of PIB in tubeless tire manufacturing, and technological advancements will open substantial opportunities for the growth of the PIB market.

Global Polyisobutylene Market: Market Potential

The PIB market is marked by strategic alliances and collaborations to attain business goals. In a recent industry development, Daelim Industrial, the South Korean petrochemical company has entered into a contract with the U.S. based chemical company Lubrizol to supply its PIB production technology. The agreement is a part of Lubrizol’s initiatives to remodel its additives infrastructure to be carried out under an investment plan that was previously announced.

Request TOC of the Report @ https://www.tmrresearch.com/sample/sample?flag=T&rep_id=1565

As per Daelim, the technology can be utilized in the production of several PIBs, from conventional ones to highly reactive PIBs.

Global Polyisobutylene Market: Regional Overview

North America, led by the U.S. is expected to witness substantial growth in the polyisobutylene market over the forecast period. Increasing demand for durable car tires for strong grip on the road in snow will have a positive influence on the growth of the regional market. Massive automobile ownership in the U.S. is expected to drive the demand for additives application of polyisobutylene. Moreover, the booming construction industry in the U.S. will propel the demand for adhesives and sealant applications.

Asia Pacific stood as the largest regional market in the recent past. The presence of robust tire and tube manufacturing industries in India, China, Indonesia, and Malaysia significantly contributed to the growth of the regional market. Increasing automobile ownership in China and India due to rising economic prosperity along with decline in interest rates on car loans will favor the polyisobutylene market in the region.

Request Discount of the Report @ https://www.tmrresearch.com/sample/sample?flag=D&rep_id=1565

Global Polyisobutylene Market: Competitive Landscape

Some of the key players in the global polyisobutylene market include BASF SE, Lanxness AG, The Lubrizol Corporation, Infeneum International Ltd., ExxonMobil Corporation, TPC Group, Chevron Oronite Company LLC, and Berkshire Hathaway Inc.

About TMR Research

TMR Research is a premier provider of customized market research and consulting services to business entities keen on succeeding in today’s supercharged economic climate. Armed with an experienced, dedicated, and dynamic team of analysts, we are redefining the way our clients’ conduct business by providing them with authoritative and trusted research studies in tune with the latest methodologies and market trends.

Our savvy custom-built reports span a gamut of industries such as pharmaceuticals, chemicals and metals, food and beverages, and technology and media, among others. With actionable insights uncovered through in-depth research of the market, we try to bring about game-changing success for our clients.

Contact:

TMR Research,
3739 Balboa St # 1097,
San Francisco, CA 94121
United States
Tel: +1-415-520-1050
Email: sales@tmrresearch.com

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Polyisobutylene Market : Present Scenario and the Growth Prospects 2025 here

News-ID: 864580 • Views: 131

More Releases from TMR Research

Hydrolyzed Plant Proteins Market Booming Global Industry Investments and future …
Global Hydrolyzed Plant Proteins Market: Overview Hydrolyzed plant proteins have found use in a wide range of applications in the food and beverages industry. Most commonly, the protein is used to enhance flavor in several processed food products. Several functional characteristics are key to the growing popularity of these proteins. Proteins from oil-producing plants have excellent fat binding and emulsification properties, which are being utilized by hydrolyzing these for applications that
Rose Extracts Market 2028 | Young Living Essential Oils, Thracian Oils Ltd., Fle …
Global Rose Extracts Market: Overview Pharmacological properties of key species of rose flowers are well known, and several companies have been utilizing these for skin care. This is one of the key trends propelling the steady evolution of the rose extracts market. A growing body of in-vivo and in-vitro clinical studies over the past few years have underscored the therapeutic potential of rose extracts. In skin care, rose extracts have been
Global Fruit Tea Market Analysis, Size, Share, Growth & Forecast 2018-2028: Tata …
Global Fruit Tea Market: Overview Based on the nutritive value like vitamin C, and health benefits such as great antioxidant are some of the reasons that are boosting the demand for fruit tea across the globe. Moreover, the growing popularity of the beverage in health cautious genre of population is also a crucial factor that is propelling the demand for fruit tea market. Based on these factors the global fruit
Dairy Desserts Market 2028 | General Mills Inc., Royal FrieslandCampina NV, Nest …
Global Dairy Desserts Market: Overview Who doesn’t love a good dessert after a delicious dinner or lunch? Though they are filled with high calories, they are highly in demand. However, dairy desserts are something that everybody cherishes. The variety in taste and shapes, they are being loved by every age group. Based on the delicious taste and widespread acceptance the global dairy desserts market is expected to grow substantially in the

All 5 Releases


More Releases for PIB

Polyisobutylene (PIB) (CAS 9003-27-4) Market Professional Survey Report 2018
This report studies the global Polyisobutylene (PIB) (CAS 9003–27–4) market status and forecast, categorizes the global Polyisobutylene (PIB) (CAS 9003–27–4) market size (value & volume) by manufacturers, type, application, and region. This report focuses on the top manufacturers in North America, Europe, Japan, China, India, Southeast Asia and other regions (Central & South America, and Middle East & Africa). Polyisobutylene (PIB, also called polyisobutene) is a vinyl polymer that is made
Polyisobutylene (PIB) Market Report 2018: Segmentation by Product (C-PIB, HR-PIB …
Global Polyisobutylene (PIB) market research report provides company profile for Lanxess AG (Germany), BASF (Germany), Daelim (South Korea) and Others. This market study includes data about consumer perspective, comprehensive analysis, statistics, market share, company performances (Stocks), historical analysis 2012 to 2017, market forecast 2018 to 2025 in terms of volume, revenue, YOY growth rate, and CAGR for the year 2018 to 2025, etc. The report also provides detailed segmentation on
Polyisobutylene Market - Rising Usage of PIB in Tubeless Tire 2017 - 2025
Global Polyisobutylene Market: Overview Polyisobutylene is a commercial polymer that has widespread applications across numerous industries owing to its superior thermal stability, flexibility, and impermeability to gases. PIB is majorly used in the manufacture of inner tire tubes and adhesives and sealants. The derivatives of PIB are used as thickening agent in motor fuels and in lubricating oils to minimize oil mist production. Request Sample Copy of the Report @ https://www.tmrresearch.com/sample/sample?flag=B&rep_id=1565 Global Polyisobutylene
Global Polyisobutylene (PIB) (CAS 9003-27-4) Sales Market Report 2018
To study the market for chemicals sector in a precise manner, Market Research Hub (MRH) has included a new research report. The report is titled “Global Polyisobutylene (PIB) (CAS 9003-27-4) Sales Market Report 2018, which enlightens the readers about the market share as well as growth rate during the period 2018-2025. The research study estimates that the chemicals industry would be rising with a positive CAGR during the same stated
MARKET REPORT : Global Polyisobutylene (PIB) (CAS 9003-27-4) Market Research Rep …
Qyresearchreports include new market research report Global Polyisobutylene (PIB) (CAS 9003-27-4) Market Professional Survey Report 2017 to its huge collection of research reports. The report on the global Polyisobutylene (PIB) (CAS 9003-27-4) market added recently to QYResearchReports.com. has been compiled by studying the various intrinsic and extrinsic factors that define the global market and thus helps provide a brief yet all-inclusive guideline for players from all sides of the industry to
Polyisobutylene (PIB) Market trends for 2016 & industry forecast to 2024
The incredible expansion of the automotive industry across the globe will stimulate Polyisobutylene (PIB) Market significantly over the next few years. Players of the automotive sector are also increasingly investing in research & development activities and technological innovations, which will further augment PIB industry. Polyisobutylene is mainly used in rubber, which is the primary constituent of tires and tubes. Of late, the automobile industry has witnessed the invention of the