Los Angeles, CA -- (SBWire) -- 02/01/2019 --Polyisobutylene (PIB, also called polyisobutene) is a vinyl polymer that is made from the monomer isobutylene (IB) by cationic polymerization.PIB is a colorless to light-yellow, elastic, semisolid or viscous substance. It is odorless, tasteless, and nontoxic. Because of their highly paraffinic and nonpolar nature, PIBs are soluble in aliphatic and aromatic hydrocarbon solvents and insoluble in polar solvents. Solubility generally decreases with increasing molecular weight of the polymer and increasing size of the aliphatic portion of the solvent molecule. The amorphous characteristics and low glass transition temperature (Tg = ?62°C) of PIB impart high flexibility and permanent tack. Despite the favorable tack property, the adhesion of PIBs to many surfaces is weak because of their low polarity. This problem can be overcome by the addition of tackifiers (such as rosin ester resins) and other materials that will impart some polar properties to the formulation.
In the past several years, the global Polyisobutylene market is relatively stable with CAGR of 5.21% from 2012 to 2016. Leading supplers in the market are TPC Group, Infineum, Lubrizol, BASF, Ineos, Daelim and Chevron Oronite.PIBs are usually classified into three groups according to molecular weight: Low Molecular Weight Polyisobutylene, Medium Molecular Weight Polyisobutylene and High Molecular Weight Polyisobutylene. Low Molecular Weight Polyisobutylene is the major types of Polyisobutylene which accounts for 95.96% of world production in terms of volume. Low Molecular Weight Polyisobutylene can be further divided in to high reactive Polyisobutylene and conventional. Production of Medium Molecular Weight Polyisobutylene is more concentrated. Key players operating in the medium molecular weight polyisobutylene market include BASF SE, Zhejiang Shunda New Material Co., JX Nippon Oil & Energy Corporation, and Shandong Hongrui Petrochemical Co., Ltd. High Molecular Weight Polyisobutylene production is comparatively limited. Currently BASF is the major supplier.
Application of Polyisobutylene can be classified as Fuel & Lube Additives, Adhesive & Sealant, Plastic & Elastomer Modifier, Gum Base etc. Fuel & Lube Additives is the largest application of Polyisobutylene, which accounts for 78.14% of world total consumption volume.
The global Polyisobutylene (PIB) (CAS 9003-27-4) market is valued at 1990 million US$ in 2018 is expected to reach 2720 million US$ by the end of 2025, growing at a CAGR of 4.0% during 2019-2025.This report focuses on Polyisobutylene (PIB) (CAS 9003-27-4) volume and value at global level, regional level and company level. From a global perspective, this report represents overall Polyisobutylene (PIB) (CAS 9003-27-4) market size by analyzing historical data and future prospect. Regionally, this report focuses on several key regions: North America, Europe, China and Japan.
At company level, this report focuses on the production capacity, ex-factory price, revenue and market share for each manufacturer covered in this report.
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The following manufacturers are covered:
TPC
Infineum
Lubrizol
BASF
Ineos
Daelim
Chevron Oronite
ENEOS
Braskem
Jilin Petrochemical
Shandong Hongrui
Zhejiang Shunda
BASF-YPC
Segment by Regions
North America
Europe
China
Japan
Segment by Type
Low Molecular Weight Polyisobutylene
Medium Molecular Weight Polyisobutylene
High Molecular Weight Polyisobutylene
Segment by Application
Fuel & Lube Additives
Adhesive & Sealant
Plastic & Elastomer Modifier
Gum Base
Other
For the better understanding of the Polyisobutylene market, this report has provided a detailed analysis of trends, drivers and restraints that dominate the present market scenario and also the future status of the global Polyisobutylene market during the projected period of 2019-2025.While classifying these segments, the expert team of analysts have listed down the relative contribution of each segment for the growth of global Polyisobutylene market. Detail information of segments is required to recognize the key trends influencing the global market for Polyisobutylene
Each segment of the Polyisobutylene market provides an in-depth information on the qualitative and quantitative aspect of the market. While giving a brief idea about the revenue opportunities for all the segments, the Polyisobutylene report has also provided the value of absolute dollar opportunity for all the segments over the predicted period of 2019-2025.
Global Polyisobutylene Market Competitive Landscape
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The report of global Polyisobutylene market includes the competitive landscape section which provides the full and in-depth analysis of the current market trends, changing technologies and developments that will be beneficial for the companies, which are competing in the market. The report offers an overview of revenue, demand, and supply of data, futuristic cost, and growth analysis during the projected year.
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Global Polyisobutylene Market Growing at 4.0% CAGR Will Hit 2720 Million US$ in 2025
The Global Polyisobutylene report has provided a detailed analysis of trends, drivers and restraints that dominate the present market scenario and also the future status the market during the projected period of 2019-2025.