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

  • Published: May 2021
  • Pages: 120
  • SKU: IRTNTR70581
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The polyisobutylene (PIB) market size is expected to grow by 359.53 thousand MT and record a CAGR of 5.44% during 2021-2025.

This post-pandemic polyisobutylene market report has assessed the shift in consumer behavior and has identified and explored the upcoming trends and drivers that the vendors can capitalize on to support prompt business decisions. In this polyisobutylene market analysis report, key drivers such as an increase in demand from the automotive industry have been discussed with emerging growth regions, which will offer immense business opportunities. Our analysts have also identified challenges such as fluctuating prices of raw materials, which will impede market growth. With these insights, the vendors can recreate their plan of action to obtain growth opportunities in the future.

What will the Polyisobutylene (PIB) Market Size be in 2021?

Polyisobutylene Market Size

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Who are the Key Vendors in the Polyisobutylene (PIB) Market?

The polyisobutylene market forecast report provides insights on complete key vendor profiles and their business strategies to reimage themselves. The profiles include information on the production, competitive landscape, sustainability, and prospects of the leading companies including:

 

  • 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

 

The polyisobutylene market is concentrated and the vendors are deploying various growth strategies to compete in the market. Click here to uncover other successful business strategies deployed by the vendors.

This polyisobutylene market report further entails segmentation by type (HR-PIB and enhanced PIB), application (additives, automotive, and others), and geography (Europe, North America, APAC, South America, and MEA). View our sample report to gather market insights on the segmentations.

To make the most of the opportunities, vendors should focus on fast-growing segments, while maintaining their positions in the slow-growing segments. Fetch actionable market insights on post COVID-19 impact on each product and service segments.

 

Which are the Key Regional Markets for Polyisobutylene (PIB) Market?

Polyisobutylene Market Share by Geography

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The report offers an up-to-date analysis of the geographical composition of the market. APAC will offer several growth opportunities to market vendors during the forecast period. To garner further competitive intelligence and regional opportunities in store for vendors, view our sample report.

37% of the market’s growth will originate from APAC during the forecast period. China and South Korea (Republic of Korea) are the key markets for polyisobutylene in the region. This report provides estimations of the contribution of all regions to the growth of the polyisobutylene market size.

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What are the Key Factors Covered in this Polyisobutylene (PIB) Market Report?

  • CAGR of the market during the forecast period 2021-2025
  • Detailed information on factors that will drive polyisobutylene market growth during the next five years
  • Precise estimation of the polyisobutylene market size and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • The growth of the polyisobutylene industry across Europe, North America, APAC, South America, and MEA
  • A thorough analysis of the market’s competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of polyisobutylene market vendors

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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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