Rising Automotive and Construction Demands Drive Growth in Global Highly Reactive Polyisobutylene (HR-PIB) Market to 2031 – ResearchAndMarkets.com

The “Highly Reactive Polyisobutylene Market By Molecular Weight, By Application: Global Opportunity Analysis and Industry Forecast” report has been added to ResearchAndMarkets.com’s offering.

The global highly reactive polyisobutylene (HR-PIB) market, valued at $1.0 billion in 2021, is projected to reach $1.6 billion by 2031, with a Compound Annual Growth Rate (CAGR) of 5.5% from 2022 to 2031.

HR-PIB, derived from isobutylene, is characterized by its high reactivity and finds versatile applications across various industries.

Key Market Segments:

  • Molecular Weight: HR-PIB is categorized by molecular weight into low, medium, and high.
  • Application: Major applications include adhesives and sealants, lubricants and grease, hydraulic fluids, metalworking fluids, and others.
  • Region: The market is segmented into North America (U.S., Canada, Mexico), Europe (Germany, UK, France, Spain, Italy, Rest of Europe), Asia-Pacific (China, India, Japan, South Korea, Australia, Rest of Asia-Pacific), and LAMEA (Brazil, Saudi Arabia, South Africa, Rest of LAMEA).

Key Market Players:

The highly reactive polyisobutylene market features several key players contributing to its growth, including:

  1. TPC Group
  2. BASF SE
  3. The Lubrizol Corporation
  5. Daelim Industrial Co. Ltd.
  6. Chevron Corporation
  8. KEMAT Polybutenes
  9. Kothari Petrochemicals Limited
  10. Zhejiang Shunda New Material Co., Ltd.

Key Benefits for Stakeholders:

  • This report offers a quantitative analysis of market segments, current trends, estimations, and dynamics to identify prevailing opportunities in the HR-PIB market.
  • It provides insights related to key drivers, restraints, and opportunities shaping the market landscape.
  • Porter’s five forces analysis highlights the potency of buyers and suppliers, enabling stakeholders to make profit-oriented business decisions and strengthen their supplier-buyer network.
  • In-depth analysis of HR-PIB market segmentation helps determine prevailing opportunities.
  • The report includes an analysis of regional and global HR-PIB market trends, key players, market segments, application areas, and market growth strategies.

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