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Polyisobutylene (PIB) - Global Market Trajectory & Analytics

  • ID: 1382356
  • Report
  • July 2020
  • Region: Global
  • 345 Pages
  • Global Industry Analysts, Inc
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The global market for Polyisobutylene (PIB) is projected to reach 1.5 million tonnes by 2024, driven by the recovery in automobile tire production in developing countries; and continuous technology developments. Engineered improvements in the properties and performance of Polyisobutylene are helping expand application possibilities into newer areas such as medical equipment, lubricants, and adhesives. Asia-Pacific represents the largest as well as the fastest growing market worldwide with a CAGR of 5.1% through the analysis period, led by healthy growth in key end use sectors such as automobile manufacturing and transportation in countries such as India and China. Stabilizing economic growth in countries such as India and China and rising incomes and changing lifestyles are major factors bearing a positive influence on automobile sales in the region. Highly Reactive PIB is expected to spearhead global growth, offsetting declines in demand for conventional PIB.

The global analysis and forecast periods covered within the report are 2020-2027 (Current & Future Analysis) and 2012-2019 (Historic Review). Research estimates are provided for 2020, while research projections cover the period 2021-2027.
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I. INTRODUCTION, METHODOLOGY & REPORT SCOPE

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW

Outlook

Recent Market Activity

Key Market Drivers in a Gist

Global Polyisobutylene Market: A Review

Asia-Pacific to Lead Growth

Factors Affecting Growth

PIB Fuels Solar Power

Enhanced PIB-Based Additives No Longer a Myth

Global Competitor Market Shares

Polyisobutylene (PIB) Competitor Market Share Scenario Worldwide (in %): 2018 & 2029

Impact of Covid-19 and a Looming Global Recession

2. FOCUS ON SELECT PLAYERS

BASF SE (Germany)

Chevron Oronite Company LLC (USA)

Daelim Industrial. Co. Ltd. (South Korea)

INEOS Group (Switzerland)

Lubrizol Corporation (USA)

TPC Group Inc. (USA)

3. MARKET TRENDS & DRIVERS

Automotive Sector Drives Growth

A Focus on the Prospects of the Automotive Sector

Other Industries Promise Growth Opportunities

PIB Makes Inroads into Medical Arena

Reviving Economy Signals Bright Prospects

Optimism Prevails Amid Growth in Global Manufacturing PMI

Competitive Landscape

4. GLOBAL MARKET PERSPECTIVE

III. MARKET ANALYSIS

GEOGRAPHIC MARKET ANALYSIS

UNITED STATES

Market Facts & Figures

US Polyisobutylene (PIB) Market Share (in %) by Company: 2018 & 2025

Market Analytics

CANADA

JAPAN

CHINA

EUROPE

Market Facts & Figures

European Polyisobutylene (PIB) Market: Competitor Market Share Scenario (in %) for 2018 & 2025

Market Analytics

FRANCE

GERMANY

ITALY

UNITED KINGDOM

SPAIN

RUSSIA

REST OF EUROPE

ASIA-PACIFIC

AUSTRALIA

INDIA

SOUTH KOREA

REST OF ASIA-PACIFIC

LATIN AMERICA

ARGENTINA

BRAZIL

MEXICO

REST OF LATIN AMERICA

MIDDLE EAST

IRAN

ISRAEL

SAUDI ARABIA

UNITED ARAB EMIRATES

REST OF MIDDLE EAST

AFRICA

IV. COMPETITION

Total Companies Profiled: 12

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