Polyisobutylene (PIB)
(CAS 900327-4) Market
Polyisobutylene (PIB) (CAS 9003-27-4) Market
Scope: Industry Analysis, Market Size, Growth,
Trends Till 2031
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Polyisobutylene (PIB) (CAS 9003-27-4) Market Size and Growth
The Polyisobutylene (PIB) market is experiencing robust growth, driven by increasing demand in automotive, adhesives, and sealants sectors. The global market size was valued at approximately $1.5 billion in 2023, with a projected CAGR of 4.5% through 2030. Key trends include technological advancements and sustainable product development.
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Companies Covered
(Covid 19 Impact Covered)
◍ TPC
◍ Infineum
◍ Lubrizol
◍ BASF
◍ Ineos
◍ Daelim
◍ Chevron Oronite
◍ ENEOS
◍ Braskem
◍ Jilin Petrochemical
◍ Shandong Hongrui
◍ Zhejiang Shunda
◍ BASF-YPC
The Polyisobutylene (PIB) market features companies like TPC, Infineum, Lubrizol, and BASF, focusing on applications in lubricants, sealants, and adhesives. Their innovations and product expansions enhance market growth. Revenue estimates include:
- BASF: ~$66 billion
- Lubrizol: ~$6 billion
- INEOS: ~$44 billion
These figures reflect their diverse portfolios.
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Market Segmentation
By Application
◍ Adhesive & Sealant
By
Product
◍ Low Molecular Weight
Polyisobutylene
Medium Molecular Weight
Polyisobutylene
Polyisobutylene ◍ Fuel & Lube Additives
◍ Plastic & Elastomer Modifier ◍ Gum Base
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High Molecular Weight
Market Growth
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$ X Billion USD
