Polyisobutylene (PIB) Market Trend, Research Approach, Data Analysis and Forecast to 2027

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Polyisobutylene (PIB) Market To Reach USD 3.80
Billion By 2026
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Market Summary
Market Size USD 2.45 Billion in 2018, Market
Growth - CAGR of 5.5, Market Trends Rising
demand from the tire industry.
The Global Polyisobutylene (PIB) Market is
forecasted to reach USD 3.80 Billion by 2026,
according to a new report by Reports and Data.
Polyisobutylene (PIB) is a commercial polymer
used in multiple sectors due to its flexibility,
thermal stability, and impermeability to gases. 

• Further key findings from the report suggest
• Polyisobutylene (PIB) is preferred over other
  synthetic and natural rubbers due to its good
  fragmentation performance, high cleanliness, and
  its self-healing nature.
• Tires hold a market share of 19 in the year
  2018. The ability of the product to hold air in
  for a longer period of time in the tube is
  increasing the demand for the product in this
  sector.
• 2-Strokes Engine has the highest growth rate of
  6.9 throughout the forecast period.
• Automotive dominates the market with a share of
  21 of the market in the year 2018. Increasing
  application of Polyisobutylene (PIB) in the tire
  industry to improve heat retention capabilities
  during tire vulcanization is further forecasted
  to boost the market.
• Increase in demand for packaging in the
  pharmaceutical industry to help preserve the
  quality of drugs is boosting the demand for the
  product in this sector also.

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Market Summary
Key Players
BASF SE, TPC Group Inc., Ineos Group, Braskem,
Exxon Mobil, Lanxess AG, Chevron Oronite Company
LLC, Infineum International Ltd., The Lubrizol
Corporation, and Berkshire Hathaway Inc. among
Segmentation

• Molecular Weight Outlook (Volume, Kilo Tons
  Revenue, USD Billion 2018-2026)
• Low Molecular Weight
• Medium Molecular Weight
• High Molecular Weight
• Product Outlook (Volume, Kilo Tons Revenue, USD
  Billion 2018-2026)
• Conventional PIB
• Highly Reactive PIB
• Application Outlook (Volume, Kilo Tons Revenue,
  USD Billion 2018-2026)
• Tires
• Lubes Additives
• Fuel Additives
• 2-Stroke Engines
• Adhesives and Sealants

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Market Summary

• End-Use Industry Outlook (Volume, Kilo Tons
  Revenue, USD Billion 2018-2026)
• Automotive
• Industrial
• Food
• Pharmaceuticals
• Constructions
• Cosmetics
• Sporting Goods

• Regional Outlook (Revenue, USD Million
  20162026)
• North America
• Europe
• Asia Pacific
• MEA
• Latin America

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The report emphasizes the following key questions
Q.1.What are the most lucrative and promising
growth prospects for the market? Q.2.Which
sectors are expected to deliver a high growth
rate and which industry aspects come into play in
this advancement? Q.3.Which geographies are
estimated to exhibit the highest growth and the
underlying causes? Q.4.Which factors are
impacting the future of the market and what are
the driving factors? Q.5.What are the hurdles
and challenges curtailing the industrys growth
in the forecast period?
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About Us
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