+353-1-416-8900REST OF WORLD
+44-20-3973-8888REST OF WORLD
1-917-300-0470EAST COAST U.S
1-800-526-8630U.S. (TOLL FREE)

Isobutylene Polymer Resins Market - Forecasts from 2025 to 2030

  • PDF Icon

    Report

  • 141 Pages
  • November 2024
  • Region: Global
  • Knowledge Sourcing Intelligence LLP
  • ID: 6030755
The isobutylene polymer resins market is expected to grow at a CAGR of 6.62%, reaching a market size of US$12.462 billion in 2030 from US$9.046 billion in 2025.

The isobutylene polymer resins market would witness an increase due to its utilization in multiple industries. The product demand from end-use industries such as automotive, personal care, and cosmetics industries is expected to drive the industry over the forecast period. Applications of isobutylene, for example, include surface protective films, window sealants, binder material for batteries, and food packaging solutions. These chemicals are widely used in rubber tires and tubes as fuel additives. Polyisobutylene is used to produce medical adhesives for the treatment of wounds, drug coatings, and pharmaceutical packaging materials. The overall growth in these sectors would lead the isobutylene polymer resins market.

Isobutylene polymer resin market drivers

Rising demand in the automotive sector

The automotive sector is witnessing significant growth in 2023. According to the International Organization of Motor Vehicle Manufacturers (OICA), globally, the production for cars was 67,133,570, and for commercial vehicles, it was 26,413,029, which is a 10% growth from 2022. The increased growth in vehicles is due to the increasing demand from the developing parts of the world in Asia Pacific, Africa, and Brazil. Butyl rubber can be vulcanizate and have tensile strengths up to 2000 psi. These are characterized by low permeability to air and a high resistance to chemicals and oxidation. This makes it suitable for use in butyl rubber, especially in the inner tubes.

This increased manufacturing would lead to a positive growth demand for butyl rubber. Further, the existing number of automobiles would have a growth impact on polyisobutylene succinimides for the engine oil additives. For instance, Lubrizol polyisobutylene succinimides are engine oil additives for keeping engines clean by dispersing harmful debris generated during operation.

Isobutylene polymer resin market geographical outlook

The isobutylene polymer resins market is segmented into five regions worldwide

By geography, the isobutylene polymer resins market is segmented into North America, South America, Europe, the Middle East and Africa, and Asia Pacific. The major economies like China, Japan, India, and South Korea dominate the Asia-Pacific region. Some of the fastest-growing emerging economies are from this region, such as ASEAN countries.

The Asia Pacific region is expected to see notable growth in the isobutylene polymer resins market due to increasing applications in sealants, automotive components, and fuel additives. According to the International Organization of Motor Vehicle Manufacturers, China is the largest producer of automobiles, with 30,160,966 vehicles manufactured in 2023, a 12% increase.

North America is expected to have a significant share in the isobutylene polymer resins market due to its major utilization in sectors such as automobile, cosmetics, and fuels. In 2023, the USA manufactured 10,611,555 vehicles, with a 6% increase from the previous year, according to the International Organization of Motor Vehicle Manufacturers. Further, Canada produced a total of 1,553,026, a 26% increase from the prior year.

Europe would witness a major application in the cosmetic industry. According to Cosmetics Europe, the largest national markets for cosmetics and personal care products in Europe are Germany with €15.9 billion, France with €13.7 billion, and Italy with €12.5 billion.

Reasons for buying this report::

  • Insightful Analysis: Gain detailed market insights covering major as well as emerging geographical regions, focusing on customer segments, government policies and socio-economic factors, consumer preferences, industry verticals, other sub- segments.
  • Competitive Landscape: Understand the strategic maneuvers employed by key players globally to understand possible market penetration with the correct strategy.
  • Market Drivers & Future Trends: Explore the dynamic factors and pivotal market trends and how they will shape up future market developments.
  • Actionable Recommendations: Utilize the insights to exercise strategic decision to uncover new business streams and revenues in a dynamic environment.
  • Caters to a Wide Audience: Beneficial and cost-effective for startups, research institutions, consultants, SMEs, and large enterprises.

What do businesses use our reports for?

Industry and Market Insights, Opportunity Assessment, Product Demand Forecasting, Market Entry Strategy, Geographical Expansion, Capital Investment Decisions, Regulatory Framework & Implications, New Product Development, Competitive Intelligence

Report Coverage:

  • Historical data & forecasts from 2022 to 2029
  • Growth Opportunities, Challenges, Supply Chain Outlook, Regulatory Framework, Customer Behaviour, and Trend Analysis
  • Competitive Positioning, Strategies, and Market Share Analysis
  • Revenue Growth and Forecast Assessment of segments and regions including countries
  • Company Profiling (Strategies, Products, Financial Information, and Key Developments among others)

The Isobutylene polymer resins market is segmented and analyzed as follows:

By Type

  • Polyisobutylene
  • Butyl Rubber

By Application

  • Adhesives
  • Sealants
  • Automotive Components
  • Fuel Additives
  • Lubricant Additives
  • Others

By End-User Industry

  • Fuel
  • Rubber
  • Cosmetics
  • Other

By Geography

  • North America
  • USA
  • Canada
  • Mexico
  • South America
  • Brazil
  • Argentina
  • Rest of South America
  • Europe
  • United Kingdom
  • Germany
  • France
  • Italy
  • Spain
  • Rest of Europe
  • Middle East and Africa
  • Saudi Arabia
  • UAE
  • Rest of the Middle East and Africa
  • Asia Pacific
  • China
  • India
  • Japan
  • South Korea
  • Taiwan
  • Thailand
  • Indonesia
  • Rest of Asia-Pacific

Table of Contents

1. INTRODUCTION
1.1. Market Overview
1.2. Market Definition
1.3. Scope of the Study
1.4. Market Segmentation
1.5. Currency
1.6. Assumptions
1.7. Base and Forecast Years Timeline
1.8. Key benefits for the stakeholders
2. RESEARCH METHODOLOGY
2.1. Research Design
2.2. Research Process
3. EXECUTIVE SUMMARY
3.1. Key Findings
3.2. Analyst View
4. MARKET DYNAMICS
4.1. Market Drivers
4.1.1. Rising demand in the automotive sector
4.1.2. Increasing demand for lubricants
4.1.3. Use of polyisobutylene in personal care and cosmetics
4.2. Market Restraints
4.2.1. High costs of manufacturing
4.2.2. Regulatory challenges
4.3. Porter’s Five Forces Analysis
4.3.1. Bargaining Power of Suppliers
4.3.2. Bargaining Power of Buyers
4.3.3. The Threat of New Entrants
4.3.4. Threat of Substitutes
4.3.5. Competitive Rivalry in the Industry
4.4. Industry Value Chain Analysis
5. ISOBUTYLENE POLYMER RESINS MARKET BY TYPE
5.1. Introduction
5.2. Polyisobutylene
5.3. Butyl Rubber
6. ISOBUTYLENE POLYMER RESINS MARKET BY APPLICATION
6.1. Introduction
6.2. Adhesives
6.3. Sealants
6.4. Automotive Components
6.5. Fuel Additives
6.6. Lubricant Additives
6.7. Others
7. ISOBUTYLENE POLYMER RESINS MARKET BY END-USER INDUSTRY
7.1. Introduction
7.2. Fuel
7.3. Rubber
7.4. Cosmetics
7.5. Others
8. ISOBUTYLENE POLYMER RESINS MARKET BY GEOGRAPHY
8.1. Global Overview
8.2. North America
8.2.1. United States
8.2.2. Canada
8.2.3. Mexico
8.3. South America
8.3.1. Brazil
8.3.2. Argentina
8.3.3. Rest of South America
8.4. Europe
8.4.1. United Kingdom
8.4.2. Germany
8.4.3. France
8.4.4. Italy
8.4.5. Spain
8.4.6. Rest of Europe
8.5. Middle East and Africa
8.5.1. Saudi Arabia
8.5.2. United Arab Emirates
8.5.3. Rest of the Middle East and Africa
8.6. Asia-Pacific
8.6.1. China
8.6.2. India
8.6.3. Japan
8.6.4. South Korea
8.6.5. Taiwan
8.6.6. Thailand
8.6.7. Indonesia
8.6.8. Rest of Asia-Pacific
9. COMPETITIVE ENVIRONMENT AND ANALYSIS
9.1. Major Players and Strategy Analysis
9.2. Market Share Analysis
9.3. Mergers, Acquisitions, Agreements, and Collaborations
9.4. Competitive Dashboard
10. COMPANY PROFILES
10.1. ENEOS Corporation
10.2. LABDHI CHEMICALS
10.3. Janex S.A
10.4. TER Chemicals
10.5. SAFIC ALCAN
10.6. TPC Group
10.7. Exxon Mobil Corporation
10.8. BRP Manufacturing
10.9. DuPont
10.10. Braskem
10.11. Omega Rubber Industries

Companies Mentioned

  • ENEOS Corporation
  • LABDHI CHEMICALS
  • Janex S.A
  • TER Chemicals
  • SAFIC ALCAN
  • TPC Group
  • Exxon Mobil Corporation
  • BRP Manufacturing
  • DuPont
  • Braskem
  • Omega Rubber Industries

Methodology

Loading
LOADING...

Table Information