Polyisobutylene Market Overview, Merger and Acquisitions, Drivers, Restraints and Industry Forecast By 2032
The latest research report by Emergen Research, named ‘Global Polyisobutylene Market - Forecast to 2032’, entails a comprehensive review of the global Polyisobutylene Market’s present and future trends. The report gathers viable information on the most established industry players, sales and distribution channels, regional spectrum, estimated market share and size, and revenue estimations over the forecast timeframe. The study is inclusive of a profound analysis of this business sphere focuses on the overall remuneration of the market over the projected period. The study also includes significant information pertinent to the Polyisobutylene Market industry, particularly the current COVID-19 scenario.
The global Polyisobutylene (PIB) market size was USD 2.90 Billion in 2022 and is expected to register a revenue CAGR of 6.1% during the forecast period. Significant investments in undercoating and rustproofing in the automotive industry play a major role in driving market revenue growth. PIB-based undercoating and rustproofing materials are used to protect undercarriage of vehicles from corrosion and abrasion caused by road salt, water, and debris. These coatings provide a durable barrier against environmental damage. In addition, Polyisobutylene (PIB) are widely used as vibration dampers in various vehicle components, including suspension systems and engine mounts. Their viscoelastic properties help reduce noise and vibrations, leading to improved ride comfort and reduced wear and tear on vehicle components. Globalization of supply chains and rising demand from aerospace and defense industry are major factors driving the market revenue growth. PIBs continue to be used in aerospace applications, including fuel systems and lubricants for aircraft engines. The aerospace industry demands high-performance materials that can withstand extreme conditions.
Key players in the market BASF SE, Daelim Co., Ltd., TPC Group, Braskem, Evonik Oxeno, Chevron Oronite, YPF, KEMAT Polybutylenes, Kothari Petrochemicals Limited, Zhejiang Shunda New Material Co., Ltd
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Competitive Terrain:
The Global Polyisobutylene Market is highly consolidated due to the presence of a large number of companies across this industry. The report discusses the current market standing of these companies, their past performances, demand and supply graph, production and consumption patterns, sales network, distribution channels, and growth opportunities in the market at length.
Market Overview:
The report bifurcates the Polyisobutylene market on the basis of different product types, applications, end-user industries, and key regions of the world where the market has already established its presence. The report accurately offers insights into the supply-demand ratio and production and consumption volume of each segment.
To learn more details about the Global Polyisobutylene Market report, visit @ https://www.emergenresearch.com/industry-report/polyisobutylene-market
Our experienced market research team has provided updated information on the ongoing COVID-19 pandemic and its adverse economic impact in the latter segment of the report. The coronavirus outbreak has led to drastic changes in the current Polyisobutylene Market business landscape, limiting the growth opportunities for various manufacturers and buyers for the next few years. Besides making speculations about the market’s post-COVID-19 scenario, the report discusses its existing situation.
Segments Covered in this report are:
Product Type Outlook (Revenue, USD Billion; 2019-2032)
- Conventional PIB
- Highly Reactive PIB
- Others
Application Outlook (Revenue, USD Billion; 2019-2032)
- Lube Additives
- Fuel Additives
- Industrial Lubes & Others
- Others
End-Use Industry Outlook (Revenue, USD Billion; 2019-2032)
- Transportation
- Industrial
- Food
- Others
Regional Analysis of the Polyisobutylene Market :
- North America (U.S., Canada)
- Europe (U.K., Italy, Germany, France, Rest of EU)
- Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
- Latin America (Chile, Brazil, Argentina, Rest of Latin America)
- Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
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Key Questions Answered in the Report:
- What is the growth rate of the Polyisobutylene Market ? What is the anticipated market valuation of Polyisobutylene Market industry by 2032?
- What are the key growth driving and restraining factors of the Polyisobutylene Market ?
- Who are the prominent players operating in the market? What are the key strategies adopted by these companies?
- What are the key opportunities and growth prospects of the Polyisobutylene Market industry over the forecast period?
- Which region is expected to show significant growth in the coming years?
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TOC of the global Polyisobutylene Market report:
Chapter 1, describes the Polyisobutylene Market Introduction, market overview, product offerings, growth opportunities, market risks, driving forces, and challenges.
Chapter 2, analyzes the key manufacturers of Polyisobutylene Market , along with the sales, revenue, and price of Polyisobutylene Market , in the forecast period.
Chapter 3, studies the competitive situation among the major manufacturers and vendors, with sales, revenue, and market share.
Chapter 4, analyzes the global market by regions, with sales, revenue, and market share of Polyisobutylene Market, for each region, from 2020 to 2032.
Chapters 5, 6, 7, 8 and 9, analyze the Polyisobutylene Market by type, application, regions, and manufacturers, with sales, revenue, and market share by key countries in these regions…Continued
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