Polyisobutylene Market Report 2025

The polyisobutylene market size has grown strongly in recent years. It will grow from $2.63 billion in 2024 to $2.8 billion in 2025 at a compound annual growth rate (CAGR) of 6.1%. The growth in the historic period can be attributed to increase in lubricant and fuel additives, expansion of construction and infrastructure, rise in demand for industrial rubber, increase in polymer modification applications, growth in the adhesives and sealants industry, stringent regulations in the chemical industry.

The polyisobutylene market size is expected to see strong growth in the next few years. It will grow to $3.67 billion in 2029 at a compound annual growth rate (CAGR) of 7.1%. The growth in the forecast period can be attributed to advancements in polymer science, rise in demand for biodegradable polymers, focus on sustainable packaging, increase in demand for synthetic rubber, demand for high-performance lubricants. Major trends in the forecast period include technological innovations in tire manufacturing, advancements in polymer modification, globalization and market expansion, technological innovations in PIB production.

The polyisobutylene market is set to experience growth, driven by the increasing demand for tires and tubes. Tires and tubes are integral automotive components facilitating transportation, and polyisobutylene, a synthetic rubber, plays a crucial role in the production of tire inner tubes for various vehicles. Its ability to act as an effective barrier against the passage of oxygen makes it a preferred choice. With the rising demand for tires and tubeless tires, as indicated by the expected total tire shipments in the United States reaching 342.1 million units in 2022, up from 335.2 million units in 2021, the polyisobutylene market is witnessing considerable growth.

The growing demand in the construction industry is anticipated to drive the growth of the polyisobutylene market in the future. The construction industry encompasses the building of new infrastructures. Polyisobutylene is primarily utilized for producing anticorrosion coatings, pastes, adhesives, and coatings within this sector; thus, the increasing demand for construction directly elevates the demand for polyisobutylene. For instance, according to the Office for National Statistics (ONS), a non-ministerial department in the UK, annual new construction orders rose by 11.4% in 2022 compared to 2021, reaching a historic high of £80.837 billion ($102.16 billion). Therefore, the rising demand in the construction industry is a key driver of the polyisobutylene market.

The polyisobutylene market experiences growth due to heightened demand for personal care products. These products, encompassing skincare, haircare, and oral care items, utilize polyisobutylene to create protective layers or films in various formulations. The increased consumer expenditure on personal care products, rising by 12.3 percent to $866 in 2022 from $771 in 2021, reflects the growing demand driving the polyisobutylene market.

Product innovations are a prominent trend gaining traction in the polyisobutylene market. Key players in the industry are creating innovative products featuring high elongation properties, improved elasticities, faster processing times, and other enhancements to maintain their competitive edge. For example, in August 2022, Quanex, a manufacturer of building products based in the U.S., introduced a new moisture protectant specifically designed for solar panels. This innovative sealant offers improved protection against moisture, which can cause degradation and decrease efficiency in solar energy systems. The moisture protectant is formulated to enhance the lifespan of solar panels by preventing water ingress, ultimately boosting their overall durability and performance.

Major companies in the polyisobutylene market are developing innovative products, such as PIB R-01, to maintain their competitive position. PIB R-01 is a high-quality polyisobutylene (PIB) ideal for producing pest management products and tacky-stretchable adhesives. For example, in August 2022, Quanex, a U.S.-based manufacturer of building products, introduced an innovative moisture protectant specifically designed for solar panels. This butyl rubber sealant is particularly advantageous for manufacturers, as it protects solar panels from moisture damage, which can result in reduced efficiency and durability. The sealant provides a dependable solution for preserving the integrity of solar energy systems, ensuring optimal performance throughout their lifespan.

Major companies operating in the polyisobutylene market include Badische Anilin und Soda Fabrik Societas Europaea, TPC Group, Lubrizol Corporation, INEOS Group Limited, Kothari Petrochemicals Limited, Braskem, ENEOS Corporation, Janex S.A., RB Products Inc., Chevron Corporation, Mayzo Inc., Reliance Industries Limited, Evonik Industries AG, KEMAT N.V, Santa Cruz Biotechnology Inc, Daelim Industrial Company Ltd, ExxonMobil, Lanxess, Dowpol Corporation, Infineum, Shandong Hongrui New Material Technology, Afton Chemical Corporation, Zhejiang Shunda New Material, SABIC, Kemipex, FERRO-PLAST S.r.l., SpecialChem, Chemspec Ltd., Jilin Petrochemical Company, Efremov Synthetic Rubber Enterprise Company, Naxant, Connect Chemicals, JXTG Nippon Oil & Energy Corporation.

Asia-Pacific was the largest region in the polyisobutylene market in 2024. Asia-Pacific is expected to be the fastest-growing region in the polyisobutylene market during the forecast period. The regions covered in the polyisobutylene market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the polyisobutylene market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

Polyisobutylene is a synthetic polymer based on isobutylene and is commonly employed as a film-forming agent, binder, and nonaqueous viscosity-increasing compound in the cosmetics industry.

The primary products of polyisobutylene include conventional PIB and highly reactive PIB. Highly reactive polyisobutylene is characterized by double bonds that are terminally positioned. It is further categorized based on its molecular weight into low, medium, and high molecular weight varieties. These different forms find applications in a range of industries, including tires and tubes, adhesives, sealants, lubricants, electrical insulation, and stretch wrap. Polyisobutylene is utilized by various end-users, including industrial, food, and other sectors.

The polyisobutylene market research report is one of a series of new reports that provides polyisobutylene market statistics, including polyisobutylene optical components industry global market size, regional shares, competitors with a polyisobutylene market share, detailed polyisobutylene market segments, market trends and opportunities, and any further data you may need to thrive in the polyisobutylene industry. This polyisobutylene market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

The polyisobutylene market consists of sales of polyisobutylene synthesized using raw materials such as 1-butene, isobutylene, and 2-butene. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

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