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Polybutene-1 is the result of polymerizing butene-1 with a stereospecific catalyst to create a linear, high isotactic and semicrystalline polymer.
It is important to note that PB-1 is often mistaken for polyisobutene, or PIB, which is an entirely different type of material - a low molecular weight oily liquid.
PB-1, when applied as a pure or reinforced resin, can replace materials like metal, rubber and engineering polymers. It is also used synergistically as a blend element to modify the characteristics of other polyolefins like polypropylene and polyethylene. Because of its specific properties, it is mainly used in pressure plumbing system, flexible packaging, water heaters, compounding and hot melt adhesives, etc..
LPI (LP Information)' newest research report, the "Polybutene-1(Resin) Industry Forecast" looks at past sales and reviews total world Polybutene-1(Resin) sales in 2022, providing a comprehensive analysis by region and market sector of projected Polybutene-1(Resin) sales for 2023 through 2029. With Polybutene-1(Resin) sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Polybutene-1(Resin) industry.
This Insight Report provides a comprehensive analysis of the global Polybutene-1(Resin) landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Polybutene-1(Resin) portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Polybutene-1(Resin) market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Polybutene-1(Resin) and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Polybutene-1(Resin).
The global Polybutene-1(Resin) market size is projected to grow from US$ 289.2 million in 2022 to US$ 337.2 million in 2029; it is expected to grow at a CAGR of 337.2 from 2023 to 2029.
Europe is the largest polybutene-1 (Resin) market with about 60% market share. Japan is follower, accounting for about 15% market share.The key manufacturers are LyondellBasell, Mitsui Chemicals, Ylem Technology, Shandong Hongye Chemical etc. Top 1 company occupied about 60% market share.In terms of product, homopolymer type is the largest segment, with a share over 75%. And in terms of application, the largest application is plumbing system, followed by packaging material.
This report presents a comprehensive overview, market shares, and growth opportunities of Polybutene-1(Resin) market by product type, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
- Homopolymer Type
- Random Copolymer Type
Segmentation by application
- Plumbing System
- Packaging Material
- Hot Melt Adhesives
- Others
This report also splits the market by region:
- Americas
- - United States
- - Canada
- - Mexico
- - Brazil
- APAC
- - China
- - Japan
- - Korea
- - Southeast Asia
- - India
- - Australia
- Europe
- - Germany
- - France
- - UK
- - Italy
- - Russia
- Middle East & Africa
- - Egypt
- - South Africa
- - Israel
- - Turkey
- - GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
- LyondellBasell
- Mitsui Chemicals
- Ylem Technology
- Shandong Hongye Chemical
- Chambroad Petrochemicals
- Rida Chem
- Sinopec Zhenhai Refining & Chemical Company
Key Questions Addressed in this Report
What is the 10-year outlook for the global Polybutene-1(Resin) market?
What factors are driving Polybutene-1(Resin) market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Polybutene-1(Resin) market opportunities vary by end market size?
How does Polybutene-1(Resin) break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?