Polybutene-1 (Resin) Market
Polybutene-1 (Resin) Market Scope: Industry
Analysis, Market Size, Growth, Trends Till 2031
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Polybutene-1 (Resin) Market Size and Growth
The Polybutene-1 (Resin) market is experiencing significant growth, driven by increasing demand in construction and automotive sectors. As of 2023, the market size is estimated at approximately USD 700 million, with a projected CAGR of 4.5% over the next five years, reflecting rising applications and technological advancements in resin production.
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Companies Covered
(Covid 19 Impact Covered)
◍ LyondellBasell
◍ Mitsui Chemicals
◍ Ylem Technology
◍ Shandong Hongye Chemical
◍ Chambroad Petrochemicals
◍ Rida Chem
The Polybutene-1 market features key players like LyondellBasell, Mitsui Chemicals, Ylem Technology, Shandong Hongye Chemical, Chambroad Petrochemicals, and Rida Chem. These companies produce high-quality resins for diverse applications, driving market growth through innovation and expansion. Sales figures include LyondellBasell: $42.4 billion, Mitsui Chemicals: $14.2 billion.
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Market Segmentation
By Application
Plumbing System
Packaging Material ◍ Hot Melt Adhesives
Others
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By Product
Homopolymer Type
Random Copolymer Type
$ 334.90 Million
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