Polyisobutylene (PIB) Market 2021-2025

The publisher has been monitoring the polyisobutylene (PIB) market and it is poised to grow by 349.26 thousand MT during 2021-2025 progressing at a CAGR of over 5% during the forecast period. The report on the polyisobutylene (PIB) market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current global market scenario, latest trends and drivers, and the overall market environment. The market is driven by the increase in demand from automotive industry and growing demand for PIB-based fuel additives. In addition, Increase in demand from automotive industry is anticipated to boost the growth of the market as well.

The polyisobutylene (PIB) market analysis includes the type and application segments and geographic landscape.

The polyisobutylene (PIB) market is segmented as below:

By Type

• HR-PIB
• Enhanced PIB

By Application

• Additives
• Automotive
• Others

By Geographical Landscape

• Europe
• North America
• APAC
• South America
• MEA

This study identifies the increasing demand from other diversified applications as one of the prime reasons driving the polyisobutylene (PIB) market growth during the next few years.

The report on polyisobutylene (PIB) market covers the following areas:

• Polyisobutylene (PIB) market sizing
• Polyisobutylene (PIB) market forecast
• Polyisobutylene (PIB) market industry analysis

The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading polyisobutylene (PIB) market vendors that include BASF SE, Braskem SA, Chevron Corp., Daelim Co. Ltd., DuPont de Nemours Inc., Evonik Industries AG, INEOS Group Holdings SA, LyondellBasell Industries NV, The Lubrizol Corp., and TPC Group. Also, the polyisobutylene (PIB) market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.