Highly Reactive Polyisobutylene (HR-PIB) Market size was valued at US$ 265.46 Mn in 2022 and the total revenue is expected to grow at 5.1% through 2023 to 2029, reaching nearly US$ 376.03 Mn. by 2029. The global Highly Reactive Polyisobutylene (HR-PIB) market report is a comprehensive analysis of the industry, market, and key players. The report has covered the market by demand and supply-side by segments. The global Highly Reactive Polyisobutylene (HR-PIB) report also provides trends by market segments, technology, and investment with a competitive landscape.To know about the Research Methodology :- Request Free Sample Report
Highly Reactive Polyisobutylene (HR-PIB) Market Overview:
The global highly reactive polyisobutylene market is expected to grow at a rapid pace during the forecast period because of growing product demand from the construction, automotive, and medical packaging industry.Highly Reactive Polyisobutylene (HR-PIB) Market Dynamics:
Highly reactive polyisobutylene finds applications in the construction industry as adhesives & sealants thanks to its stability and tackiness. Favourable properties of products including high degree elongation, moisture resistance, and good adhesion properties to multiple substrates make it useful for sealants. The growing construction industry is a key factor driving the global highly reactive polyisobutylene (HR-PIB) market growth thanks to increased product use in sealants and adhesives in damp proofing and roof repair. For example, adhesives are used in partitions and roofing, flooring, insulation, panel, partitions, whereas sealants are used in facades, fire protection, and IG units, among others. Additionally, the rising automotive industry is further propels the market demand. Highly reactive polyisobutylene is also used in manufacturing inner liners of tires because of its impermeable nature. It is also used in the production of tubeless tires which are more durable. Stringent government rules formed by regulatory bodies are expected to hinder the highly reactive polyisobutylene market size during the forecast period. For example, a product is used as a lubricant in ship engines polluted water leading to polluting water bodies which affect aquatic life by causing death and genetic alternation in the long run. Furthermore, rising demand from the construction and automotive industry is creating lucrative opportunities for the market.Highly Reactive Polyisobutylene (HR-PIB) Market Segment Analysis:
By Molecular Weight, the highly reactive polyisobutylene (HR-PIB) market is segmented into high, medium, and low. The low molecular weight segment is expected to witness significant growth at a CAGR of over 4.4% for the highly reactive polyisobutylene market during the forecast period. This growth is attributed to increasing application as a reactionary intermediate like lubricant additive manufacturing. Low molecular weight highly reactive polyisobutylene viscosity is approximately 225 mm2/s at 100 degrees C. By Application, the market is segmented into automotive, additives, others.Highly Reactive Polyisobutylene (HR-PIB) Market Regional Insights:
North America is dominating the Global Highly Reactive Polyisobutylene (HR-PIB) Market North America is expected to grow at a CAGR of more than 4.5% during the forecast period thanks to rising growth in the construction, automotive, and medical packaging industry. Beneficial characteristics of the product including low permeability to air, moisture, gases, and chemical resistance. Thereby, it is preferred in manufacturing a range of medical packaging applications like injectables, saline bottles, and seals, and serum vials are contribute to the market growth in North America. Also, the product is widely used as a fuel lubricant additive to enhance the overall performance thanks to its highly reactive nature compared to conventional polyisobutylene these factors are expected to drive the market demand during the forecast period. Asia Pacific is expected to dominate the Global Highly Reactive Polyisobutylene (HR-PIB) Market Strong product demand across the automotive industry primarily in the Asia Pacific has expected to boost the highly reactive polyisobutylene market size during the forecast period. This growth is attributed to rising population coupled with increasing socio-economic factors in the region which fueling the automotive industry and subsequently propelling tire & tube industry demand. The objective of the report is to present a comprehensive analysis of the Global Highly Reactive Polyisobutylene (HR-PIB) market to the stakeholders in the industry. The past and current status of the industry with the forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that include market leaders, followers, and new entrants. Porter, svor, pestel analysis with the potential impact of micro-economic factors of the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analysed, which will give a clear futuristic view of the industry to the decision-makers. The report also helps in understanding the Global Highly Reactive Polyisobutylene (HR-PIB) market dynamics, structure by analyzing the market segments and project the Global Highly Reactive Polyisobutylene (HR-PIB) market size. Clear representation of competitive analysis of key players by product, price, financial position, product portfolio, growth strategies, and regional presence in the Global Highly Reactive Polyisobutylene (HR-PIB) market make the report investor’s guide.Highly Reactive Polyisobutylene (HR-PIB) Market Scope: Inquire before buying
Highly Reactive Polyisobutylene (HR-PIB) Market Report Coverage Details Base Year: 2022 Forecast Period: 2023-2029 Historical Data: 2017 to 2022 Market Size in 2022: US $ 265.46 Mn. Forecast Period 2023 to 2029 CAGR: 5.1% Market Size in 2029: US $ 376.03 Mn. Segments Covered: by Molecular Weight • High • Medium • Low by Application • Automotive • Additives • Others Highly Reactive Polyisobutylene (HR-PIB) Market, by Region
• North America (United States, Canada and Mexico) • Europe (UK, France, Germany, Italy, Spain, Sweden, Austria and Rest of Europe) • Asia Pacific (China, South Korea, Japan, India, Australia, Indonesia, Malaysia, Vietnam, Taiwan, Bangladesh, Pakistan and Rest of APAC) • Middle East and Africa (South Africa, GCC, Egypt, Nigeria and Rest of ME&A) • South America (Brazil, Argentina Rest of South America)Highly Reactive Polyisobutylene (HR-PIB) Market Key Players
• TPC Group • RB Products, Inc. • BASF SE • PETRONAS • Janex • Lanxess • Kothari Petrochemicals • Zhejiang Shunda New Material Company Ltd. • Mayzo • Jinzhou Snda Chemical Co., Ltd. • Ningbo Hi-Tech Biochemicals Co., Ltd. • Shanghai Minglan Chemical Co., Ltd. • Jinzhou Snda Chemical Co., Ltd. • Weifang Binhai Petro-chem Co., Ltd. • Shandong Hongrui New Material Technology Co., Ltd. • Others Frequently Asked Questions: 1. Which region has the largest share in Global Highly Reactive Polyisobutylene (HR-PIB) Market? Ans: North America region held the highest share in 2022. 2. What is the growth rate of Global Highly Reactive Polyisobutylene (HR-PIB) Market? Ans: The Global Highly Reactive Polyisobutylene (HR-PIB) Market is growing at a CAGR of 5.1% during forecasting period 2023-2029. 3. What is scope of the Global Highly Reactive Polyisobutylene (HR-PIB) Market report? Ans: Global Highly Reactive Polyisobutylene (HR-PIB) Market report helps with the PESTEL, PORTER, COVID-19 Impact analysis, Recommendations for Investors & Leaders, and market estimation of the forecast period. 4. Who are the key players in Global Highly Reactive Polyisobutylene (HR-PIB) Market? Ans: The important key players in the Global Highly Reactive Polyisobutylene (HR-PIB) Market are – TPC Group, RB Products, Inc., BASF SE, PETRONAS, Janex, Lanxess, Kothari Petrochemicals, Zhejiang Shunda New Material Company Ltd., Mayzo, Jinzhou Snda Chemical Co., Ltd., Ningbo Hi-Tech Biochemicals Co., Ltd., Shanghai Minglan Chemical Co., Ltd., Jinzhou Snda Chemical Co., Ltd., Weifang Binhai Petro-chem Co., Ltd., Shandong Hongrui New Material Technology Co., Ltd., and Others 5. What is the study period of this Market? Ans: The Global Highly Reactive Polyisobutylene (HR-PIB) Market is studied from 2022 to 2029.
1. Preface 1.1. Market Definition and Key Research Objectives 1.2. Research Highlights 2. Assumptions and Research Methodology 2.1. Report Assumptions 2.2. Abbreviations 2.3. Research Methodology 2.3.1. Secondary Research 2.3.1.1. Secondary data 2.3.1.2. Secondary Sources 2.3.2. Primary Research 2.3.2.1. Data from Primary Sources 2.3.2.2. Breakdown of Primary Sources 3. Executive Summary: Global Highly Reactive Polyisobutylene (HR-PIB) Market Size, by Market Value (US$ Mn) 3.1. Global Market Segmentation 3.2. Global Market Segmentation Share Analysis, 2022 3.2.1. Global 3.2.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 3.3. Geographical Snapshot of the Highly Reactive Polyisobutylene (HR-PIB) Market 3.4. Geographical Snapshot of the Highly Reactive Polyisobutylene (HR-PIB) Market, By Manufacturer share 4. Global Highly Reactive Polyisobutylene (HR-PIB) Market Overview, 2022-2029 4.1. Market Dynamics 4.1.1. Drivers 4.1.1.1. Global 4.1.1.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.2. Restraints 4.1.2.1. Global 4.1.2.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.3. Opportunities 4.1.3.1. Global 4.1.3.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.4. Challenges 4.1.4.1. Global 4.1.4.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.5. Industry Trends and Emerging Technologies 4.1.6. Porters Five Forces Analysis 4.1.6.1. Threat of New Entrants 4.1.6.2. Bargaining Power of Buyers/Consumers 4.1.6.3. Bargaining Power of Suppliers 4.1.6.4. Threat of Substitute Molecular Weight 4.1.6.5. Intensity of Competitive Rivalry 4.1.7. Value Chain Analysis 4.1.8. Technological Roadmap 4.1.9. Regulatory landscape 4.1.10. Impact of the Covid-19 Pandemic on the Global Highly Reactive Polyisobutylene (HR-PIB) Market 5. Supply Side and Demand Side Indicators 6. Global Highly Reactive Polyisobutylene (HR-PIB) Market Analysis and Forecast, 2022-2029 6.1. Global Highly Reactive Polyisobutylene (HR-PIB) Market Size & Y-o-Y Growth Analysis. 7. Global Highly Reactive Polyisobutylene (HR-PIB) Market Analysis and Forecasts, 2022-2029 7.1. Market Size (Value) Estimates & Forecast By Molecular Weight, 2022-2029 7.1.1. High 7.1.2. Medium 7.1.3. Low 7.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 7.2.1. Automotive 7.2.2. Additives 7.2.3. Others 8. Global Highly Reactive Polyisobutylene (HR-PIB) Market Analysis and Forecasts, By Region 8.1. Market Size (Value) Estimates & Forecast By Region, 2022-2029 8.1.1. North America 8.1.2. Europe 8.1.3. Asia-Pacific 8.1.4. Middle East & Africa 8.1.5. South America 9. North America Highly Reactive Polyisobutylene (HR-PIB) Market Analysis and Forecasts, 2022-2029 9.1. Market Size (Value) Estimates & Forecast By Molecular Weight, 2022-2029 9.1.1. High 9.1.2. Medium 9.1.3. Low 9.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 9.2.1. Automotive 9.2.2. Additives 9.2.3. Others 10. North America Highly Reactive Polyisobutylene (HR-PIB) Market Analysis and Forecasts, By Country 10.1. Market Size (Value) Estimates & Forecast By Country, 2022-2029 10.1.1. US 10.1.2. Canada 10.1.3. Mexico 11. U.S. Highly Reactive Polyisobutylene (HR-PIB) Market Analysis and Forecasts, 2022-2029 11.1. Market Size (Value) Estimates & Forecast By Molecular Weight, 2022-2029 11.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 12. Canada Highly Reactive Polyisobutylene (HR-PIB) Market Analysis and Forecasts, 2022-2029 12.1. Market Size (Value) Estimates & Forecast By Molecular Weight, 2022-2029 12.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 13. Mexico Highly Reactive Polyisobutylene (HR-PIB) Market Analysis and Forecasts, 2022-2029 13.1. Market Size (Value) Estimates & Forecast By Molecular Weight, 2022-2029 13.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 14. Europe Highly Reactive Polyisobutylene (HR-PIB) Market Analysis and Forecasts, 2022-2029 14.1. Market Size (Value) Estimates & Forecast By Molecular Weight, 2022-2029 14.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 15. Europe Highly Reactive Polyisobutylene (HR-PIB) Market Analysis and Forecasts, By Country 15.1. Market Size (Value) Estimates & Forecast By Country, 2022-2029 15.1.1. U.K 15.1.2. France 15.1.3. Germany 15.1.4. Italy 15.1.5. Spain 15.1.6. Sweden 15.1.7. CIS Countries 15.1.8. Rest of Europe 16. U.K. Highly Reactive Polyisobutylene (HR-PIB) Market Analysis and Forecasts, 2022-2029 16.1. Market Size (Value) Estimates & Forecast By Molecular Weight, 2022-2029 16.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 17. France Highly Reactive Polyisobutylene (HR-PIB) Market Analysis and Forecasts, 2022-2029 17.1. Market Size (Value) Estimates & Forecast By Molecular Weight, 2022-2029 17.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 18. Germany Highly Reactive Polyisobutylene (HR-PIB) Market Analysis and Forecasts, 2022-2029 18.1. Market Size (Value) Estimates & Forecast By Molecular Weight, 2022-2029 18.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 19. Italy Highly Reactive Polyisobutylene (HR-PIB) Market Analysis and Forecasts, 2022-2029 19.1. Market Size (Value) Estimates & Forecast By Molecular Weight, 2022-2029 19.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 20. Spain Highly Reactive Polyisobutylene (HR-PIB) Market Analysis and Forecasts, 2022-2029 20.1. Market Size (Value) Estimates & Forecast By Molecular Weight, 2022-2029 20.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 21. Sweden Highly Reactive Polyisobutylene (HR-PIB) Market Analysis and Forecasts, 2022-2029 21.1. Market Size (Value) Estimates & Forecast By Molecular Weight, 2022-2029 21.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 22. CIS Countries Highly Reactive Polyisobutylene (HR-PIB) Market Analysis and Forecasts, 2022-2029 22.1. Market Size (Value) Estimates & Forecast By Molecular Weight, 2022-2029 22.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 23. Rest of Europe Highly Reactive Polyisobutylene (HR-PIB) Market Analysis and Forecasts, 2022-2029 23.1. Market Size (Value) Estimates & Forecast By Molecular Weight, 2022-2029 23.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 24. Asia Pacific Highly Reactive Polyisobutylene (HR-PIB) Market Analysis and Forecasts, 2022-2029 24.1. Market Size (Value) Estimates & Forecast By Molecular Weight, 2022-2029 24.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 25. Asia Pacific Highly Reactive Polyisobutylene (HR-PIB) Market Analysis and Forecasts, by Country 25.1. Market Size (Value) Estimates & Forecast By Country, 2022-2029 25.1.1. China 25.1.2. India 25.1.3. Japan 25.1.4. South Korea 25.1.5. Australia 25.1.6. ASEAN 25.1.7. Rest of Asia Pacific 26. China Highly Reactive Polyisobutylene (HR-PIB) Market Analysis and Forecasts, 2022-2029 26.1. Market Size (Value) Estimates & Forecast By Molecular Weight, 2022-2029 26.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 27. India Highly Reactive Polyisobutylene (HR-PIB) Market Analysis and Forecasts, 2022-2029 27.1. Market Size (Value) Estimates & Forecast By Molecular Weight, 2022-2029 27.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 28. Japan Highly Reactive Polyisobutylene (HR-PIB) Market Analysis and Forecasts, 2022-2029 28.1. Market Size (Value) Estimates & Forecast By Molecular Weight, 2022-2029 28.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 29. South Korea Highly Reactive Polyisobutylene (HR-PIB) Market Analysis and Forecasts, 2022-2029 29.1. Market Size (Value) Estimates & Forecast By Molecular Weight, 2022-2029 29.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 30. Australia Highly Reactive Polyisobutylene (HR-PIB) Market Analysis and Forecasts, 2022-2029 30.1. Market Size (Value) Estimates & Forecast By Molecular Weight, 2022-2029 30.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 31. ASEAN Highly Reactive Polyisobutylene (HR-PIB) Market Analysis and Forecasts, 2022-2029 31.1. Market Size (Value) Estimates & Forecast By Molecular Weight, 2022-2029 31.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 32. Rest of Asia Pacific Highly Reactive Polyisobutylene (HR-PIB) Market Analysis and Forecasts, 2022-2029 32.1. Market Size (Value) Estimates & Forecast By Molecular Weight, 2022-2029 32.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 33. Middle East Africa Highly Reactive Polyisobutylene (HR-PIB) Market Analysis and Forecasts, 2022-2029 33.1. Market Size (Value) Estimates & Forecast By Molecular Weight, 2022-2029 33.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 34. Middle East Africa Highly Reactive Polyisobutylene (HR-PIB) Market Analysis and Forecasts, by Country 34.1. Market Size (Value) Estimates & Forecast by Country, 2022-2029 34.1.1. South Africa 34.1.2. GCC Countries 34.1.3. Egypt 34.1.4. Nigeria 34.1.5. Rest of ME&A 35. South Africa Highly Reactive Polyisobutylene (HR-PIB) Market Analysis and Forecasts, 2022-2029 35.1. Market Size (Value) Estimates & Forecast By Molecular Weight, 2022-2029 35.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 36. GCC Countries Highly Reactive Polyisobutylene (HR-PIB) Market Analysis and Forecasts, 2022-2029 36.1. Market Size (Value) Estimates & Forecast By Molecular Weight, 2022-2029 36.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 37. Egypt Highly Reactive Polyisobutylene (HR-PIB) Market Analysis and Forecasts, 2022-2029 37.1. Market Size (Value) Estimates & Forecast By Molecular Weight, 2022-2029 37.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 38. Nigeria Highly Reactive Polyisobutylene (HR-PIB) Market Analysis and Forecasts, 2022-2029 38.1. Market Size (Value) Estimates & Forecast By Molecular Weight, 2022-2029 38.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 39. Rest of ME&A Highly Reactive Polyisobutylene (HR-PIB) Market Analysis and Forecasts, 2022-2029 39.1. Market Size (Value) Estimates & Forecast By Molecular Weight, 2022-2029 39.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 40. South America Highly Reactive Polyisobutylene (HR-PIB) Market Analysis and Forecasts, 2022-2029 40.1. Market Size (Value) Estimates & Forecast By Molecular Weight, 2022-2029 40.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 41. South America Highly Reactive Polyisobutylene (HR-PIB) Market Analysis and Forecasts, by Country 41.1. Market Size (Value) Estimates & Forecast by Country, 2022-2029 41.1.1. Brazil 41.1.2. Argentina 41.1.3. Rest of South America 42. Brazil Highly Reactive Polyisobutylene (HR-PIB) Market Analysis and Forecasts, 2022-2029 42.1. Market Size (Value) Estimates & Forecast By Molecular Weight, 2022-2029 42.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 43. Argentina Highly Reactive Polyisobutylene (HR-PIB) Market Analysis and Forecasts, 2022-2029 43.1. Market Size (Value) Estimates & Forecast By Molecular Weight, 2022-2029 43.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 44. Rest of South America Highly Reactive Polyisobutylene (HR-PIB) Market Analysis and Forecasts, 2022-2029 44.1. Market Size (Value) Estimates & Forecast By Molecular Weight, 2022-2029 44.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 45. Competitive Landscape 45.1. Geographic Footprint of Major Players in the Global Highly Reactive Polyisobutylene (HR-PIB) Market 45.2. Competition Matrix 45.2.1. Competitive Benchmarking of Key Players By Price, Presence, Market Share, End-Use Industries and R&D Investment 45.2.2. New Molecular Weight Launches and Molecular Weight Enhancements 45.2.3. Market Consolidation 45.2.3.1. M&A by Regions, Investment and Verticals[ 45.2.3.2. M&A, Forward Integration and Backward Integration 45.2.3.3. Partnership, Joint Ventures and Strategic Alliances/ Sales Agreements 45.3. Company Profile : Key Players 45.3.1. TPC Group 45.3.1.1. Company Overview 45.3.1.2. Financial Overview 45.3.1.3. Geographic Footprint 45.3.1.4. Molecular Weight Portfolio 45.3.1.5. Business Strategy 45.3.1.6. Recent Developments 45.3.2. RB Products, Inc. 45.3.3. BASF SE 45.3.4. PETRONAS 45.3.5. Janex 45.3.6. Lanxess 45.3.7. Kothari Petrochemicals 45.3.8. Zhejiang Shunda New Material Company Ltd. 45.3.9. Mayzo 45.3.10. Jinzhou Snda Chemical Co., Ltd. 45.3.11. Ningbo Hi-Tech Biochemicals Co., Ltd. 45.3.12. Shanghai Minglan Chemical Co., Ltd. 45.3.13. Jinzhou Snda Chemical Co., Ltd. 45.3.14. Weifang Binhai Petro-chem Co., Ltd. 45.3.15. Shandong Hongrui New Material Technology Co., Ltd. 45.3.16. Other Key Players 46. Primary Key Insights