Polyisobutylene Market: Automotive Sector Foretold to Remain Dominant Application Segment

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Research
Polyisobutylene Market - Global Industry Analysis, Size,
Share, Growth, Trends and Forecast 2015 - 2023
Published Date
15-Jan-2016
170 Page Report
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Press Release
Polyisobutylene Market: Automotive Sector Foretold to Remain
Dominant Application Segment through Forecast Period : TMR
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Polyisobutylene Market
REPORT DESCRIPTION
Polyisobutylene Market - Global Industry Analysis, Size, Share,
Growth, Trends and Forecast 2015 - 2023
A high degree of consolidation is witnessed in the global polyisobutylene market, with a handful of
players controlling the overall business dynamics. Three leading players, vis-à-vis,
Nizhekamskneftekhim, Lanxess, and ExxonMobil Corp., held a cumulative share of 65.5% of the
overall market in 2014. A strong global presence has enabled these companies to maintain
dominance in the market.
In order to seal their lead, these companies have adopted robust marketing strategies, foremost of
them is patenting technologies. Going forwards, these enterprises are likely to focus aggressively on
joint ventures, mergers and acquisitions, and strategic alliances to improve competitiveness, says
Transparency Market Research (TMR), in a new study.
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TMR also foretells, the global polyisobutylene market to reach US$5.3 bn by the end of 2023. The
market is expected to reach this valuation at a CAGR of 5.40% between 2015 and 2023 and from an
overall value of US$3.3 bn in 2014. Asia Pacific is currently in lead amongst the key regional
segments of the global polyisobutylene market. In 2014, the region held over 55% of the overall
demand witnessed by the global market. Based on application, the automotive sector is expected to
remain dominant through the course of the forecast period. In 2014, the segment occupied the lead
with a share of 73% in the overall market.
Rising Demand from Automotive Sector to Aid Market’s Growth
With the automotive industry at the fore, enterprises operating in the global polyisobutylene segment
will gain from the rising demand for tires and tubes. “Among the diverse rubbers such as styrenebutadiene rubber (SBR), nitrile rubber, and polyisobutylene used to manufacture tubes, the demand
for polyisobutylene is expected to pace higher,” said a lead TMR analyst. In addition polyisobutylene
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Polyisobutylene Market
is used in manufacturing the inner liners of tires due to its impermeable nature. This feature is also
considered expedient in producing tubeless tires, the expanding market for which is expected to
translate into increased sales opportunities for the polyisobutylene market.
Besides this, owing to the use of polyisobutylene as base polymer and modifier in a wide range of
adhesives and sealants will prove highly lucrative for the market. “Polyisobutylene is tacky and stable,
due to which, it is increasingly used in adhesives and sealants – a trend which is expected to gain
pace over the course of the forecast period,” observed the TMR report’s author. “Additionally, the
leading enterprises are also expected to capitalize from the increasing use of polyisobutylene in
medical packaging,” he added.
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Regulations to Curb Repeated Incidents of Polyisobutylene Spills to Pose Threat
On the downside, the market could face challenge from concerns regarding negative environmental
impacts of polyisobutylene spill. The repeated incidents of polyisobutylene spill pose danger to
ecology, which is raising global concerns. Stringent regulations aimed at curbing such incidence are
posing threat to the global polyisobutylene market.
Nevertheless, the market sees scope in the development of recoverable and recyclable
polyisobutylene. The innovation is expected to open new avenues for growth for the market. Besides
this, the rising use of polyisobutylene as synthetic rubber due to its superlative impermeability is also
expected to increase the market’ scope for expansion in the near future.
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Polyisobutylene Market
TABLE OF CONTENT
Chapter 1 Preface

Report Description

Market Segmentation

Research Scope

Research Methodology

Assumptions
Chapter 2 Executive Summary

Global Polyisobutylene Market, Volume and Revenue, (Kilo Tons) (US$ Mn), 2014–2023

Market Snapshot
Chapter 3 Industry Analysis

Introduction

Value Chain Analysis

Market Dynamics

Driver 1- Rising Demand for Tires And Tubes to Augment Polyisobutylene Market Growth

Driver 2 - Rising Demand for Adhesives and Sealants to Drive the Polyisobutylene Market

Driver 3 - Growing Demand for Polyisobutylene in Medical Packaging

Restraint 1 – Environmental impact of Polyisobutylene Spills to Hamper Market Growth

Opportunity 1 – Development of Recoverable and Recyclable Polyisobutylene to Open New Avenues

Porter’s Five Forces Analysis

Market Attractiveness Analysis, by Country – Polyisobutylene Market

Market Attractiveness Analysis, by Application – Polyisobutylene Market

Company Market Share – Polyisobutylene Market (%) (2014)
Chapter 4 Polyisobutylene – Regional Price Trend Analysis
Chapter 5 Polyisobutylene Market: Product Segment Overview

Polyisobutylene Market – Medium Molecular Weight Polyisobutylene Analysis

Polyisobutylene Market – Others Analysis
Chapter 6 Polyisobutylene Market: Application Overview

Global Polyisobutylene Market for Automotive
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
Global Polyisobutylene Market for Additive

Global Polyisobutylene Market for Others
Chapter 7 Polyisobutylene Market: Regional Overview

North America Polyisobutylene Market Overview

North America Polyisobutylene Market Volume, by Product Segment, 2014 – 2023 (Kilo Tons)

North America Polyisobutylene Market Volume, by Product Segment, 2014 – 2023 (US$ Mn)

North America Polyisobutylene Market Volume, by Application, 2014 – 2023 (Kilo Tons)

North America Polyisobutylene Market Volume, by Application, 2014 – 2023 (US$ Mn)

Europe Polyisobutylene Market Overview

Europe Polyisobutylene Market Volume, by Product Segment, 2014 – 2023 (Kilo Tons)

Europe Polyisobutylene Market Volume, by Product Segment, 2014 – 2023 (US$ Mn)

Europe Polyisobutylene Market Volume, by Application, 2014 – 2023 (Kilo Tons)

Europe Polyisobutylene Market Volume, by Application, 2014 – 2023 (US$ Mn)

Asia Pacific Polyisobutylene Market Overview

Asia Pacific Polyisobutylene Market Volume, by Product Segment, 2014 – 2023 (Kilo Tons)

Asia Pacific Polyisobutylene Market Volume, by Product Segment, 2014 – 2023 (US$ Mn)

Asia Pacific Polyisobutylene Market Volume, by Application, 2014 – 2023 (Kilo Tons)

Asia Pacific Polyisobutylene Market Volume, by Application, 2014 – 2023 (US$ Mn)

Latin America Polyisobutylene Market Overview

Latin America Polyisobutylene Market Volume, by Product Segment, 2014 – 2023 (Kilo Tons)

Latin America Polyisobutylene Market Volume, by Product Segment, 2014 – 2023 (US$ Mn)

Latin America Polyisobutylene Market Volume, by Application, 2014 – 2023 (Kilo Tons)

Latin America Polyisobutylene Market Volume, by Application, 2014 – 2023 (US$ Mn)

Middle East and Africa Polyisobutylene Market Overview

Middle East and Africa Polyisobutylene Market Volume, by Product Segment, 2014 – 2023 (Kilo Tons)

Middle East and Africa Polyisobutylene Market Volume, by Product Segment, 2014 – 2023 (US$ Mn)

Middle East and Africa Polyisobutylene Market Volume, by Application, 2014 – 2023 (Kilo Tons)

Middle East and Africa Polyisobutylene Market Volume, by Application, 2014 – 2023 (US$ Mn)
Chapter 8 Company Profiles

BASF SE
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
Exxon Mobil Corporation

LANXESS

TPC Group
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TMR also foretells, the global polyisobutylene market to reach US$5.3 bn by the end of 2023. The market is expected to reach this valuation at a CAGR of 5.40% between 2015 and 2023 and from an overall value of US$3.3 bn in 2014.