Request SampleGlobal Medium Molecular Weight Polyisobutylene Market Research Report 2022
SKU ID : QYR-21607462 | Publishing Date : 05-Sep-2022 | No. of pages : 88
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.
Market Analysis and Insights: Global Medium Molecular Weight Polyisobutylene Market
Due to the COVID-19 pandemic, the global Medium Molecular Weight Polyisobutylene market size is estimated to be worth US$ 174 million in 2022 and is forecast to a readjusted size of US$ 258.1 million by 2028 with a CAGR of 6.8% during the forecast period 2022-2028. Fully considering the economic change by this health crisis, Food Grade accounting for % of the Medium Molecular Weight Polyisobutylene global market in 2021, is projected to value US$ million by 2028, growing at a revised % CAGR from 2022 to 2028. While Adhesives segment is altered to an % CAGR throughout this forecast period.
Global Medium Molecular Weight Polyisobutylene key players include BASF, Shandong Hongrui, Zhejiang Shunda, etc. Global top three manufacturers hold a share about 90%.
China is the largest market, with a share about 55%, followed by Europe, and North-East Asia (ex. China), both have a share over 40 percent.
In terms of product, Industrial Grade is the largest segment, with a share over 75%. And in terms of application, the largest application is Adhesives, followed by Sealants, Lubricants, Chewing gum, etc.
Global Medium Molecular Weight Polyisobutylene Market: Drivers and Restrains
The research report has incorporated the analysis of different factors that augment the market’s growth. It constitutes trends, restraints, and drivers that transform the market in either a positive or negative manner. This section also provides the scope of different segments and applications that can potentially influence the market in the future. The detailed information is based on current trends and historic milestones. This section also provides an analysis of the volume of production about the global market and about each type from 2017 to 2028. This section mentions the volume of production by region from 2017 to 2028. Pricing analysis is included in the report according to each type from the year 2017 to 2028, manufacturer from 2017 to 2022, region from 2017 to 2022, and global price from 2017 to 2028.
A thorough evaluation of the restrains included in the report portrays the contrast to drivers and gives room for strategic planning. Factors that overshadow the market growth are pivotal as they can be understood to devise different bends for getting hold of the lucrative opportunities that are present in the ever-growing market. Additionally, insights into market expert’s opinions have been taken to understand the market better.
Global Medium Molecular Weight Polyisobutylene Market: Segment Analysis
The research report includes specific segments by region (country), by manufacturers, by Type and by Application. Each type provides information about the production during the forecast period of 2017 to 2028. by Application segment also provides consumption during the forecast period of 2017 to 2028. Understanding the segments helps in identifying the importance of different factors that aid the market growth.
Segment by Type
Food Grade
Industrial Grade
Segment by Application
Adhesives
Sealants
By Company
BASF
ENEOS
Jilin Petrochemical（CNPC）
Shandong Hongrui
Zhejiang Shunda
Production by Region
North America
Europe
China
Japan
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
China Taiwan
Indonesia
Thailand
Malaysia
Latin America
Mexico
Brazil
Argentina
Market Analysis and Insights: Global Medium Molecular Weight Polyisobutylene Market
Due to the COVID-19 pandemic, the global Medium Molecular Weight Polyisobutylene market size is estimated to be worth US$ 174 million in 2022 and is forecast to a readjusted size of US$ 258.1 million by 2028 with a CAGR of 6.8% during the forecast period 2022-2028. Fully considering the economic change by this health crisis, Food Grade accounting for % of the Medium Molecular Weight Polyisobutylene global market in 2021, is projected to value US$ million by 2028, growing at a revised % CAGR from 2022 to 2028. While Adhesives segment is altered to an % CAGR throughout this forecast period.
Global Medium Molecular Weight Polyisobutylene key players include BASF, Shandong Hongrui, Zhejiang Shunda, etc. Global top three manufacturers hold a share about 90%.
China is the largest market, with a share about 55%, followed by Europe, and North-East Asia (ex. China), both have a share over 40 percent.
In terms of product, Industrial Grade is the largest segment, with a share over 75%. And in terms of application, the largest application is Adhesives, followed by Sealants, Lubricants, Chewing gum, etc.
Global Medium Molecular Weight Polyisobutylene Market: Drivers and Restrains
The research report has incorporated the analysis of different factors that augment the market’s growth. It constitutes trends, restraints, and drivers that transform the market in either a positive or negative manner. This section also provides the scope of different segments and applications that can potentially influence the market in the future. The detailed information is based on current trends and historic milestones. This section also provides an analysis of the volume of production about the global market and about each type from 2017 to 2028. This section mentions the volume of production by region from 2017 to 2028. Pricing analysis is included in the report according to each type from the year 2017 to 2028, manufacturer from 2017 to 2022, region from 2017 to 2022, and global price from 2017 to 2028.
A thorough evaluation of the restrains included in the report portrays the contrast to drivers and gives room for strategic planning. Factors that overshadow the market growth are pivotal as they can be understood to devise different bends for getting hold of the lucrative opportunities that are present in the ever-growing market. Additionally, insights into market expert’s opinions have been taken to understand the market better.
Global Medium Molecular Weight Polyisobutylene Market: Segment Analysis
The research report includes specific segments by region (country), by manufacturers, by Type and by Application. Each type provides information about the production during the forecast period of 2017 to 2028. by Application segment also provides consumption during the forecast period of 2017 to 2028. Understanding the segments helps in identifying the importance of different factors that aid the market growth.
Segment by Type
Food Grade
Industrial Grade
Segment by Application
Adhesives
Sealants
By Company
BASF
ENEOS
Jilin Petrochemical（CNPC）
Shandong Hongrui
Zhejiang Shunda
Production by Region
North America
Europe
China
Japan
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
China Taiwan
Indonesia
Thailand
Malaysia
Latin America
Mexico
Brazil
Argentina
Frequently Asked Questions
This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.
- By product type
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The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.
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