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The global Medium Molecular Weight Polyisobutylene market was valued at 153.65 Million USD in 2021 and will grow with a CAGR of 6.71% from 2021 to 2027, based on HNY Research newly published report.
The prime objective of this report is to provide the insights on the post COVID-19 impact wwhich will help market players in this field evaluate their business approaches. Also, this report covers market segmentation by major market verdors, types, applications/end users and geography(North America, East Asia, Europe, South Asia, Southeast Asia, Middle East, Africa, Oceania, South America).
Medium molecular weight polyisobutylene`s average molecular weight ranges between 40,000 and 120,000 g/mol. Medium molecular weight polyisobutylene is employed as viscosity modifier, tack improver in adhesive formulations, and primary binder in caulking and sealing compounds. It is also used in fuel and lubricating oil additives. It is extensively used as a protective barrier in the adhesive industry. For instance, it is used where exposure to sunlight is a potential risk for sealants. Medium molecular weight polyisobutylene is employed in insulating glass sealants and roofing membranes in the construction industry. Furthermore, it is used in protective films or acoustic barriers in the automotive industry. Medium molecular weight polyisobutylene is also an essential ingredient in the production of chewing gums.The market of MM PIB is highly concentrated with limited suppliers in the market. Leading suppliers in the market are BASF, ENEOS, Jilin Petrochemical, Shandong Hongrui and Zhejiang Shunda. Application of Polyisobutylene can be classified as Adhesives, Sealants, Lubricants, Roofing, Paraffin and waxes, Bitumen, Chewing gum Other etc. Adhesives is the largest application of MM Polyisobutylene, which accounts for 35.44% of world total consumption volume.
By Market Verdors:
BASF
ENEOS
Jilin Petrochemical
Shandong Hongrui
Zhejiang Shunda
By Types:
Food Grade
Industrial Grade
By Applications:
Adhesives
Sealants
Key Indicators Analysed
Market Players & Competitor Analysis: The report covers the key players of the industry including Company Profile, Product Specifications, Production Capacity/Sales, Revenue, Price and Gross Margin 2016-2027 & Sales with a thorough analysis of the market's competitive landscape and detailed information on vendors and comprehensive details of factors that will challenge the growth of major market vendors.
Global and Regional Market Analysis: The report includes Global & Regional market status and outlook 2016-2027. Further the report provides break down details about each region & countries covered in the report. Identifying its sales, sales volume & revenue forecast. With detailed analysis by types and applications.
Market Trends: Market key trends which include Increased Competition and Continuous Innovations.
Opportunities and Drivers: Identifying the Growing Demands and New Technology
Porters Five Force Analysis: The report provides with the state of competition in industry depending on five basic forces: threat of new entrants, bargaining power of suppliers, bargaining power of buyers, threat of substitute products or services, and existing industry rivalry.
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