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?
Browse TOC and LoE with selected illustrations and example pages of Polyisobutylene (PIB) Market
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.
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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 marketâ€™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.
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 marketâ€™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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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.
- Market size and forecast
- Market segmentation
- Geographical insights
- Competitive landscape
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Frequently Asked Questions?
- South Korea (Republic of Korea)
- Increase in demand from automotive industry
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