Polyisobutylene (PIB) Market by Type, Application, and Geography - Forecast and Analysis 2021-2025

  • Published: May 2021
  • Pages: 120
  • SKU: IRTNTR70581
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Research Framework

Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

TechnavioINFORMATION SOURCES

Primary sources

  • Manufacturers and suppliers
  • Channel partners
  • Industry experts
  • Strategic decision makers

Secondary sources

  • Industry journals and periodicals
  • Government data
  • Financial reports of key industry players
  • Historical data
  • Press releases
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TechnavioDATA ANALYSIS

Data Synthesis

  • Collation of data
  • Estimation of key figures
  • Analysis of derived insights

Data Validation

  • Triangulation with data models
  • Reference against proprietary databases
  • Corroboration with industry experts
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TechnavioREPORT WRITING

Qualitative

  • Market drivers
  • Market challenges
  • Market trends
  • Five forces analysis

Quantitative

  • Market size and forecast
  • Market segmentation
  • Geographical insights
  • Competitive landscape
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The polyisobutylene (pib) market growth will increase by $349.26 thousand MT during 2020-2025.
The polyisobutylene (pib) market is expected to grow at a CAGR of 5.30% during 2020-2025.
Technavio has segmented the polyisobutylene (pib) market by type (HR-PIB and Enhanced PIB) ,application (Additives, Automotive, and Others) , and geographic (Europe, North America, APAC, South America, and MEA).
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., TPC Group are a few of the key vendors in the polyisobutylene (pib) market.
Europe will register the highest growth rate of 45.84% among the other regions. Therefore, the polyisobutylene (pib) market in Europe is expected to garner significant business opportunities for the vendors during the forecast period.
  • US
  • Germany
  • China
  • France
  • South Korea (Republic of Korea)
The key factors driving the polyisobutylene (pib) market growth are:
  • Increase in demand from automotive industry
The polyisobutylene (pib) market vendors should focus on grabbing business opportunities from the hr-pib segment as it accounted for the largest market share in the base year.
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