Global Polybutene Market: Size, Share, Application Analysis, Regional Outlook, Growth Trends, Key Players, Competitive Strategies and Forecasts, 2022-2030

Polybutene is a polymer which is derived from isobutylene. Polybutene is a colorless to pale yellow viscous liquid. It is has slight characteristic odor or is odorless and tasteless. It is also known as a liquid oligomer which has application as a plasticizer for various applications in the market. It is used as a plasticizer for high molecular weight polymers such as polyethylene, lubricants and carriers among others. Polybutene is colorless and is available in various grades in the market. It is differentiated based on grades by characteristic such as molecular weight and the grades with high molecular weight are known to have increased viscosity.

Polybutene is often known to be similar to but different from Polybutylene. Polybutene is manufactured by a process of cationic polymerization of butylenes which consist of mixed C4 feedstock known as streams. The mixed C4 feedstock is derived from different sources which include FCC cracker streams and refinery streams among others. These streams consist of butane-1, butane-2 and isobutylene which are then included to a few degree in the polymer chain.

The research and development activities have continued to find new opportunities for polybutene. The advantages of polybutene make it vulnerable for wide range of applications in the end-user industries. Non-toxic, non-drying, UV stable, permanently tacky, corrosion preventive and thermal stability are some of its advantages which have led to use of polybutene in various end-user industries worldwide. The major applications of polybutene are fuel and lubricant additives, adhesives, lubricants, electrical insulation, cosmetics, and personal care products among others.

Growing demand for polybutene from the end-user industries worldwide is the major driving factor for growth of global polybutene market. The advantageous properties of polybutene have attracted the attention of manufacturers across the worldwide market for various applications. Therefore, polybutene is expected to experience high growth in the near future. Asia Pacific is one of the major emerging markets globally. It accounted for major market share of polybutene due to high demand from the petroleum industries in the region. High demand for fuel and lubricant additives and lubricants in the region is driving market growth of polybutene in Asia Pacific. Other regions such as Europe, North America, Latin America and Middle East and Africa are expected to follow Asia Pacific in terms of demand for polybutene during the forecast period. Therefore, high demand is reported for polybutene from various end-user industries worldwide.

Polybutene market was valued at US$ 2,064.51 million in 2021 and is expected to reach US$ 3,089.30 million by 2030, growing at a CAGR of 2.6% during the forecast period 2022-2030.

Purpose of the Report

The purpose of this strategic research study is to provide company executives, industry investors, and industry participants with in-depth insights to enable them to make informed strategic decisions regarding the opportunities in the global polybutene market.

Target Audience

• Industry Investors
• Polybutene Vendors
• Other Intermediaries
• Institutional Research Scholars

USP and Key Offerings

The report offers strategic insights into the global polybutene market along with the market size and estimates for the duration 2020 to 2030. The said research study covers in-depth analysis of multiple market segments based on application and cross-sectional study across different geographies. In order to help strategic decision makers, the report also includes competitive profiling of the leading polybutene vendors, their expansion strategies, market positioning, and latest developments. Other in-depth analyses provided in the report include:

• Current and future market trends to justify the forthcoming attractive markets within polybutene industry
• Market fuelers, market impediments, and their impact on the market growth
• In-depth competitive environment analysis
• Trailing 2-Year market size data (2020-2021)

Overall, the research study provides a holistic view of the global polybutene market, growth, offering market size and estimates for the period from 2022 to 2030, keeping in mind the above mentioned factors.

Polybutene is a polymer which is derived from isobutylene. Polybutene is a colorless, odorless and tasteless pale yellow viscous liquid. It is differentiated based on grades by characteristic such as molecular weight and the grades with high molecular weight are known to have increased viscosity. Polybutene is available in various grades in the market. It is also known as a liquid oligomer which has application as a plasticizer for various applications in the market. It is used as a plasticizer for high molecular weight polymers such as polyethylene, lubricants and carriers among others. Polybutenes are utilized as lubricant for metallurgical oil, 2-cycle engine lubricant, compressor oil, viscosity index enhancer. It is also used as metallurgical oil.The demand of wrap films gets increased as industries develop and household income increases. Wrap films used to be a mixed product of LDPE, EVA, but is being substituted to LLDPE. Polybutene is used for the condenser, Jelly compound for no impurities and superior electrical insulating property. Polybutene is used as adhesives in many industrial applications. Polybutene partially replaces tackifier, so it is economical. Personal care products like lip-gloss and roll-on deodorants can be formulated with polybutene.

Demand for polybutene is expected to grow for use of clean burning two-stroke oils to meet new global emission and performance requirements. Demand is also expected to increase for metal working lubricants and oils.

Growing demand for polybutene from the end-user industries worldwide is the major driving factor for growth of global polybutene market. The advantageous properties of polybutene have attracted the attention of manufacturers across the worldwide market for various applications.

Asia Pacific is one of the major emerging markets globally. It accounted for major market share of polybutene due to high demand from the petroleum industries in the region. High demand for fuel and lubricant additives and lubricants in the region is driving market growth of polybutene in Asia Pacific. China is the major producer of polybutene in the region. Therefore, high demand is observed for polybutene from Asia Pacific. Latin America and Middle East & Africa are another attractive market for polybutene due to rise in disposable income of people, infrastructural development and rising demand for automobiles. Other regions such as Europe and North America are expected to follow Asia Pacific in terms of demand for polybutene during the forecast period. Therefore, high demand is reported for polybutene from various end-user industries worldwide.

Historical & Forecast Period

This report represents analysis of each segment from 2020 to 2030 considering 2021 as the base year. Compounded Annual Growth Rate (CAGR) for each of the respective segments estimated for the forecast period of 2022 to 2030.

The current report comprises of quantitative market estimations for each micro market for every geographical region and qualitative market analysis such as micro and macro environment analysis, market trends, competitive intelligence, segment analysis, porters five force model, top winning strategies, top investment markets, emerging trends and technological analysis, case studies, strategic conclusions and recommendations and other key market insights.

Research Methodology

The complete research study was conducted in three phases, namely: secondary research, primary research, and expert panel review. key data point that enables the estimation of Polybutene market are as follows:

• Research and development budgets of manufacturers and government spending.
• Revenues of key companies in the market segment.
• Number of end users and consumption volume, price and value.
• Geographical revenues generated by countries considered in the report.
• Micro and macro environment factors that are currently influencing the Polybutene market and their expected impact during the forecast period.
• The market forecast was performed through proprietary software that analyzes various qualitative and quantitative factors. Growth rate and CAGR were estimated through intensive secondary and primary research. Data triangulation across various data points provides accuracy across various analyzed market segments in the report. Application of both top down and bottom-up approach for validation of market estimation assures logical, methodical and mathematical consistency of the quantitative data.

Market Segmentation

Application

• Fuel and lubricant additives
• Adhesives
• Lubricants
• Electrical Insulation
• Cosmetics
• Personal Care Products
• Others (Wrap films, etc.)

Key questions answered in this report

• What are the key micro and macro environmental factors that are impacting the growth of Polybutene market?
• What are the key investment pockets with respect to product segments and geographies currently and during the forecast period?
• Estimated forecast and market projections up to 2030.
• Which segment accounts for the fastest CAGR during the forecast period?
• Which market segment holds a larger market share and why?
• Are low and middle-income economies investing in the Polybutene market?
• Which is the largest regional market for Polybutene market?
• What are the market trends and dynamics in emerging markets such as Asia Pacific, Latin America, and Middle East & Africa?
• Which are the key trends driving Polybutene market growth?
• Who are the key competitors and what are their key strategies to enhance their market presence in the Polybutene market worldwide?

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