Conventional Polyisobutylene Market
Conventional Polyisobutylene Market Scope:
Industry Analysis, Market Size, Growth, Trends Till
2031
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Conventional Polyisobutylene Market Size and Growth
The Conventional Polyisobutylene market is experiencing significant growth, driven by increasing demand in automotive and sealant applications. The market size reached approximately $1.5 billion in 2022 and is projected to expand at a CAGR of 4.5% over the next five years, fueled by advancements in polymer technologies and expanding industries.
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Companies Covered
(Covid 19 Impact Covered)
◍ TPC
◍ Infineum
◍ Lubrizol
◍ BASF
◍ Ineos
◍ Daelim
◍ Chevron Oronite
◍ ENEOS
◍ Braskem
◍ Jilin Petrochemical(CNPC)
◍ Zhejiang Shunda
◍ Kothari Petrochemicals
◍ Shandong Hongrui
The Conventional Polyisobutylene market features key players like TPC, Infineum, Lubrizol, and BASF. These companies utilize polyisobutylene in lubricants, adhesives, and sealants, contributing to market growth through innovations and expanding applications. Notable revenues include Lubrizol at $7.4 billion and BASF at $78.6 billion, highlighting market significance.
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Market Segmentation
By Application
◍ Adhesive & Sealant
By
Product
◍ Low Molecular Weight
Polyisobutylene
Medium Molecular Weight
Polyisobutylene
Polyisobutylene ◍ Fuel & Lube Additives
◍ Plastic & Elastomer Modifier ◍ Gum Base ◍ Others
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High Molecular Weight
Market Growth
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$ X Billion USD
