Polyisobutylene (PIB, also called polyisobutene) is a vinyl polymer that is made from the monomer isobutylene (IB) by cationic polymerization.
PIB is a colorless to light-yellow, elastic, semisolid or viscous substance. It is odorless, tasteless, and nontoxic. Because of their highly paraffinic and nonpolar nature, PIBs are soluble in aliphatic and aromatic hydrocarbon solvents and insoluble in polar solvents. Solubility generally decreases with increasing molecular weight of the polymer and increasing size of the aliphatic portion of the solvent molecule. The amorphous characteristics and low glass transition temperature (Tg = −62°C) of PIB impart high flexibility and permanent tack. Despite the favorable tack property, the adhesion of PIBs to many surfaces is weak because of their low polarity. This problem can be overcome by the addition of tackifiers (such as rosin ester resins) and other materials that will impart some polar properties to the formulation.
In the past several years, the global Polyisobutylene market is relatively stable with CAGR of 5.21% from 2012 to 2016. Leading supplers in the market are TPC Group, Infineum, Lubrizol, BASF, Ineos, Daelim and Chevron Oronite.
PIBs are usually classified into three groups according to molecular weight: Low Molecular Weight Polyisobutylene, Medium Molecular Weight Polyisobutylene and High Molecular Weight Polyisobutylene. Low Molecular Weight Polyisobutylene is the major types of Polyisobutylene which accounts for 95.96% of world production in terms of volume. Low Molecular Weight Polyisobutylene can be further divided in to high reactive Polyisobutylene and conventional. Production of Medium Molecular Weight Polyisobutylene is more concentrated. Key players operating in the medium molecular weight polyisobutylene market include BASF SE, Zhejiang Shunda New Material Co., JX Nippon Oil & Energy Corporation, and Shandong Hongrui Petrochemical Co., Ltd. High Molecular Weight Polyisobutylene production is comparatively limited. Currently BASF is the major supplier.
Application of Polyisobutylene can be classified as Fuel & Lube Additives, Adhesive & Sealant, Plastic & Elastomer Modifier, Gum Base etc. Fuel & Lube Additives is the largest application of Polyisobutylene, which accounts for 78.14% of world total consumption volume.
According to this study, over the next five years the Polyisobutylene (PIB) (CAS 9003-27-4) market will register a 3.9% CAGR in terms of revenue, the global market size will reach US$ 2510 million by 2024, from US$ 1990 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Polyisobutylene (PIB) (CAS 9003-27-4) business, shared in Chapter 3.
This report presents a comprehensive overview, market shares, and growth opportunities of Polyisobutylene (PIB) (CAS 9003-27-4) market by product type, application, key manufacturers and key regions and countries.
This study considers the Polyisobutylene (PIB) (CAS 9003-27-4) value and volume generated from the sales of the following segments:
Segmentation by product type: breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.
Low Molecular Weight Polyisobutylene
Medium Molecular Weight Polyisobutylene
High Molecular Weight Polyisobutylene
Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
Fuel & Lube Additives
Adhesive & Sealant
Plastic & Elastomer Modifier
Gum Base
Other
This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3.
TPC
Infineum
Lubrizol
BASF
Ineos
Daelim
Chevron Oronite
ENEOS
Braskem
Jilin Petrochemical
Shandong Hongrui
Zhejiang Shunda
BASF-YPC
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
Research objectives
To study and analyze the global Polyisobutylene (PIB) (CAS 9003-27-4) consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of Polyisobutylene (PIB) (CAS 9003-27-4) market by identifying its various subsegments.
Focuses on the key global Polyisobutylene (PIB) (CAS 9003-27-4) manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Polyisobutylene (PIB) (CAS 9003-27-4) with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Polyisobutylene (PIB) (CAS 9003-27-4) submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
Summary:
Get latest Market Research Reports on Polyisobutylene (PIB) (CAS 9003-27-4) . Industry analysis & Market Report on Polyisobutylene (PIB) (CAS 9003-27-4) is a syndicated market report, published as Global Polyisobutylene (PIB) (CAS 9003-27-4) Market Growth 2019-2024. It is complete Research Study and Industry Analysis of Polyisobutylene (PIB) (CAS 9003-27-4) market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.