Global Polyisobutylene Market Industry Trends - Forecast to 2025 Global Polyisobutylene Market, By Molecular Weight (Low MW PIB, Medium MW PIB, High MW PIB), By Product (Conventional PIB, Highly Reactive PIB) By Application (Tires, Lube Additives, Fuel Additives, Stroke Engines, Industrial Lubes & Others, Adhesives & Sealants) By End-user (Transportation, Industrial, Food, Others)

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Report Description

The global Polyisobutylene market accounted for USD 2.21 billion in 2017 and is projected to grow at a CAGR of 5.1% during the forecast period of 2018 to 2025. Polyisobutylene (PIB) is a commercial polymer or elastomer that is used in a number of applications in various industries due to its thermal stability, flexibility, and impermeability to gases. Polyisobutylene an elastomer or synthetic rubber is the only rubber that is impermeable to gases. There is a growing demand for polyisobutylene in transportation, industrial and food activates, which is expected to be one of the major drivers of the market over the next seven years 2

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Major Key Players Some of the major players operating in this market are : ExxonMobil Corporation BASF SE Lanxess AG INEOS TPC Group Chevron Oronite Company LLC

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Market Segmentation

• By Molecular Weight (Low MW PIB, Medium MW PIB, High MW PIB) • By Product (Conventional PIB, Highly Reactive PIB) • By Application (Tires, Lube Additives, Fuel Additives, Stroke Engines, Industrial Lubes & Others, Adhesives & Sealants) • By End-user (Transportation, Industrial, Food, Others)

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Regional Analysis Based on geography, the market is segmented into five geographical regions 

North America

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Europe

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Asia-Pacific

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South America

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Middle East

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Africa

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About Data Bridge Market Research An absolute way to forecast what future holds is to comprehend the trend today! Data Bridge Market Research set forth itself as an unconventional and neoteric Market research and consulting firm with unparalleled level of resilience and integrated approaches. We are determined to unearth the best market opportunities and foster efficient information for your business to thrive in the market. Data Bridge endeavors to provide appropriate solutions to the complex business challenges and initiates an effortless decision-making process. Read Continue : http://databridgemarketresearch.com/about-us/ Contact Us : Sopan Gedam Sopan.gedam@databridgemarketresearch.com

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