Polybutene Market- Global Industry Analysis and Forecast (2024-2030)

Polybutene Market was valued US$ 2.36 Bn. in 2023 and is expected to grow around US$ 3.26 Bn. by 2030, at a CAGR of 4.7% during the forecast period. The report study has analyzed the revenue impact of COVID-19 pandemic on the sales revenue of market leaders, market followers, and market disrupters in the report, and the same is reflected in our analysis.

Polybutene Market Defination:

Polybutene is a polymer that is derived from isobutylene. Polybutene is a colorless, odorless, and tasteless pale yellow viscous liquid. It is segregated based on grades by characteristics, like molecular weight and the grades with high molecular weight are known to have increased viscosity. Polybutene, also known as a liquid oligomer, is available in various grades in the market. It is used as a plasticizer for high molecular weight polymers, like polyethylene, lubricants, carriers, and others.Polybutene MarketTo know about the Research Methodology :- Request Free Sample Report

Polybutene Market Dynamics:

The demand for polybutene from the end-use industries all over the world is the key driving factor for the growth of the global polybutene market. The profitable properties of polybutene have dragged the attention of producers across the global market for numerous applications. Thus, polybutene is expected to experience high growth in the future. The Asia Pacific is one of the main developing markets worldwide, because of the high demand from the petroleum industries in the region. High demand for fuel & lubricant additives and lubricants in the region is driving the market growth of polybutene in the Asia Pacific. For example, Daelim’s Petrochemical Business Division planned to enlarge its highly reactive polybutene plant at Yeosu Industrial Complex in South Korea. The plant presently produces 65,000 tonnes per year of high-reactive polybutene, and Daelim expanded it to 100,000 tonnes per year by November 2016. Through this growth, which is expected to cost USD67.5 million, Daelim hopes to become No. 1 in the global polybutene sector in terms of market share. Daelim could be producing 185,000 tonnes of polybutene per year after the development, superior Germany’s BASF, which currently produces 140,000 tonnes per year.

Polybutene Market Segment Analysis:

By application, adhesive based polybutene held the largest market share of the global market in 2023, because it maintains high flexibility at low temperatures. As an adhesive, its main application is binding and packing majorly used in diapers & feminine products. The lubricant segment is expected to witness substantial growth, because of widespread application in automotive and industrial lubrication replacing mineral oil. Polybutene’s unique properties, like good lubricity, hydrophobicity, high film strength, and non-corrosive nature further augments its application as lubricants in end-use industries.

Polybutene Market Regional Insights:

Region-wise, the Asia-Pacific market leads the global polybutene market with substantial market share, thanks to rapid industrialization favoring the end-use industries of polybutene, the market growth is improved by low labor cost and economic growth. Also, China and India government initiative to drive economic growth through innovation is expected to boost polybutene market demand. Additionally, the current trend of capacity increase by global chemical manufacturing companies in developing economies to meet customer demand is certainly influencing the polybutene market growth during the forecast period. In North America, market demand is impacted positively by the growing application of polybutene in cosmetic & personal care products. Developing consumers grooming habitat have augmented the usage of cosmetic and skin care products in recent years. More, increasing skin diseases across the globe have triggered the global consumption of skincare products. According to the American Academy of Dermatology, it is expected that about 9,500 people are diagnosed with skin cancer in the U.S. every day. The objective of the report is to present a comprehensive analysis of the Global Polybutene Market including all the stakeholders of the industry. The past and current status of the industry with 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 includes 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 analyzed, which will give a clear futuristic view of the industry to the decision-makers. The report also helps in understanding Global Polybutene Market dynamics, structure by analyzing the market segments and project the Global Polybutene Market size. Clear representation of competitive analysis of key players by type, price, financial position, product portfolio, growth strategies, and regional presence in the Global Polybutene Market make the report investor’s guide.

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Polybutene Market
Report Coverage Details
Base Year: 2023 Forecast Period: 2024-2030
Historical Data: 2018 to 2023 Market Size in 2023: US $ 2.36  Bn.
Forecast Period 2024 to 2030 CAGR: 4.7% Market Size in 2030 : US $ 3.26 Bn.
Segments Covered: by Application 1. Adhesives 2. Cosmetics 3. Electrical Insulation 4. Fuel and Lubricant Additives 5. Lubricants 6. Others

Polybutene Market, by Region

1. North America (United States, Canada and Mexico) 2. Europe (UK, France, Germany, Italy, Spain, Sweden, Austria and Rest of Europe) 3. Asia Pacific (China, South Korea, Japan, India, Australia, Indonesia, Malaysia, Vietnam, Taiwan, Bangladesh, Pakistan and Rest of APAC) 4. Middle East and Africa (South Africa, GCC, Egypt, Nigeria and Rest of ME&A) 5. South America (Brazil, Argentina Rest of South America)

Polybutene Market Key Players

1. BASF SE 2. Dongfang Hongye Limited Company 3. DAELIM 4. INEOS 5. Lubrizol Corporation 6. LyondellBasell Industries Holdings B.V. 7. Mitsui Chemicals, Inc. 8. TPC Group 9. Ylem Technology Co., Ltd. 10 Braskem 11. KEMAT Polybutenes 12. SOLTEX 13. Maharashtra Polybutenes Ltd 14. A S Harrison & Co Pty Limited 15. Kothari Petrochemicals 16. Infineum International Limited Frequently Asked Questions: 1. Which region has the largest share in Global Polybutene Market? Ans: Asia Pacific region held the highest share in 2023. 2. What is the growth rate of market? Ans: The Global Polybutene Market is growing at a CAGR of 4.7% during forecasting period 2024-2030. 3. What is scope of the market report? Ans: 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 market? Ans: The important key players in the market are – BASF SE, Dongfang Hongye Limited Company, DAELIM, INEOS, Lubrizol Corporation, LyondellBasell Industries Holdings B.V., Mitsui Chemicals, Inc., TPC Group, Ylem Technology Co., Ltd., Braskem, KEMAT Polybutenes, SOLTEX, Maharashtra Polybutenes Ltd, A S Harrison & Co Pty Limited, Kothari Petrochemicals, and Infineum International Limited 5. What is the study period of this Market? Ans: The market is studied from 2023 to 2030.
Global Polybutene Market 1. Preface 1.1. Report Scope and Market Segmentation 1.2. Research Highlights 1.3. Research Objectives 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 Polybutene Market Size, by Market Value (US$ Mn) 4. Market Overview 4.1. Introduction 4.2. Market Indicator 4.2.1. Drivers 4.2.2. Restraints 4.2.3. Opportunities 4.2.4. Challenges 4.3. Porter’s Analysis 4.4. Value Chain Analysis 4.5. Market Risk Analysis 4.6. SWOT Analysis 4.7. Industry Trends and Emerging Technologies 5. Supply Side and Demand Side Indicators 6. Global Polybutene Market Analysis and Forecast 6.1. Polybutene Market Size & Y-o-Y Growth Analysis 6.1.1. North America 6.1.2. Europe 6.1.3. Asia Pacific 6.1.4. Middle East & Africa 6.1.5. South America 7. Global Polybutene Market Analysis and Forecast, by Application 7.1. Introduction and Definition 7.2. Key Findings 7.3. Polybutene Market Value Share Analysis, by Application 7.4. Polybutene Market Size (US$ Mn) Forecast, by Application 7.5. Polybutene Market Analysis, by Application 7.6. Polybutene Market Attractiveness Analysis, by Application 8. Global Polybutene Market Analysis, by Region 8.1. Polybutene Market Value Share Analysis, by Region 8.2. Polybutene Market Size (US$ Mn) Forecast, by Region 8.3. Polybutene Market Attractiveness Analysis, by Region 9. North America Polybutene Market Analysis 9.1. Key Findings 9.2. North America Polybutene Market Overview 9.3. North America Polybutene Market Value Share Analysis, by Application 9.4. North America Polybutene Market Forecast, by Application 9.4.1. Adhesives 9.4.2. Cosmetics 9.4.3. Electrical Insulation 9.4.4. Fuel and Lubricant Additives 9.4.5. Lubricants 9.4.6. Others 9.5. North America Polybutene Market Value Share Analysis, by Country 9.6. North America Polybutene Market Forecast, by Country 9.6.1. U.S. 9.6.2. Canada 9.7. North America Polybutene Market Analysis, by Country 9.8. U.S. Polybutene Market Forecast, by Application 9.8.1. Adhesives 9.8.2. Cosmetics 9.8.3. Electrical Insulation 9.8.4. Fuel and Lubricant Additives 9.8.5. Lubricants 9.8.6. Others 9.9. Canada Polybutene Market Forecast, by Application 9.9.1. Adhesives 9.9.2. Cosmetics 9.9.3. Electrical Insulation 9.9.4. Fuel and Lubricant Additives 9.9.5. Lubricants 9.9.6. Others 9.10. North America Polybutene Market Attractiveness Analysis 9.10.1. By Application 9.11. PEST Analysis 9.12. Key Trends 9.13. Key Developments 10. Europe Polybutene Market Analysis 10.1. Key Findings 10.2. Europe Polybutene Market Overview 10.3. Europe Polybutene Market Value Share Analysis, by Application 10.4. Europe Polybutene Market Forecast, by Application 10.4.1. Adhesives 10.4.2. Cosmetics 10.4.3. Electrical Insulation 10.4.4. Fuel and Lubricant Additives 10.4.5. Lubricants 10.4.6. Others 10.5. Europe Polybutene Market Value Share Analysis, by Country 10.6. Europe Polybutene Market Forecast, by Country 10.6.1. Germany 10.6.2. U.K. 10.6.3. France 10.6.4. Italy 10.6.5. Spain 10.6.6. Rest of Europe 10.7. Europe Polybutene Market Analysis, by Country 10.8. Germany Polybutene Market Forecast, by Application 10.8.1. Adhesives 10.8.2. Cosmetics 10.8.3. Electrical Insulation 10.8.4. Fuel and Lubricant Additives 10.8.5. Lubricants 10.8.6. Others 10.9. U.K. Polybutene Market Forecast, by Application 10.9.1. Adhesives 10.9.2. Cosmetics 10.9.3. Electrical Insulation 10.9.4. Fuel and Lubricant Additives 10.9.5. Lubricants 10.9.6. Others 10.10. France Polybutene Market Forecast, by Application 10.10.1. Adhesives 10.10.2. Cosmetics 10.10.3. Electrical Insulation 10.10.4. Fuel and Lubricant Additives 10.10.5. Lubricants 10.10.6. Others 10.11. Italy Polybutene Market Forecast, by Application 10.11.1. Adhesives 10.11.2. Cosmetics 10.11.3. Electrical Insulation 10.11.4. Fuel and Lubricant Additives 10.11.5. Lubricants 10.11.6. Others 10.12. Spain Polybutene Market Forecast, by Application 10.12.1. Adhesives 10.12.2. Cosmetics 10.12.3. Electrical Insulation 10.12.4. Fuel and Lubricant Additives 10.12.5. Lubricants 10.12.6. Others 10.13. Rest of Europe Polybutene Market Forecast, by Application 10.13.1. Adhesives 10.13.2. Cosmetics 10.13.3. Electrical Insulation 10.13.4. Fuel and Lubricant Additives 10.13.5. Lubricants 10.13.6. Others 10.14. Europe Polybutene Market Attractiveness Analysis 10.14.1. By Application 10.15. PEST Analysis 10.16. Key Trends 10.17. Key Developments 11. Asia Pacific Polybutene Market Analysis 11.1. Key Findings 11.2. Asia Pacific Polybutene Market Overview 11.3. Asia Pacific Polybutene Market Value Share Analysis, by Application 11.4. Asia Pacific Polybutene Market Forecast, by Application 11.4.1. Adhesives 11.4.2. Cosmetics 11.4.3. Electrical Insulation 11.4.4. Fuel and Lubricant Additives 11.4.5. Lubricants 11.4.6. Others 11.5. Asia Pacific Polybutene Market Value Share Analysis, by Country 11.6. Asia Pacific Polybutene Market Forecast, by Country 11.6.1. China 11.6.2. India 11.6.3. Japan 11.6.4. ASEAN 11.6.5. Rest of Asia Pacific 11.7. Asia Pacific Polybutene Market Analysis, by Country 11.8. China Polybutene Market Forecast, by Application 11.8.1. Adhesives 11.8.2. Cosmetics 11.8.3. Electrical Insulation 11.8.4. Fuel and Lubricant Additives 11.8.5. Lubricants 11.8.6. Others 11.9. India Polybutene Market Forecast, by Application 11.9.1. Adhesives 11.9.2. Cosmetics 11.9.3. Electrical Insulation 11.9.4. Fuel and Lubricant Additives 11.9.5. Lubricants 11.9.6. Others 11.10. Japan Polybutene Market Forecast, by Application 11.10.1. Adhesives 11.10.2. Cosmetics 11.10.3. Electrical Insulation 11.10.4. Fuel and Lubricant Additives 11.10.5. Lubricants 11.10.6. Others 11.11. ASEAN Polybutene Market Forecast, by Application 11.11.1. Adhesives 11.11.2. Cosmetics 11.11.3. Electrical Insulation 11.11.4. Fuel and Lubricant Additives 11.11.5. Lubricants 11.11.6. Others 11.12. Rest of Asia Pacific Polybutene Market Forecast, by Application 11.12.1. Adhesives 11.12.2. Cosmetics 11.12.3. Electrical Insulation 11.12.4. Fuel and Lubricant Additives 11.12.5. Lubricants 11.12.6. Others 11.13. Asia Pacific Polybutene Market Attractiveness Analysis 11.13.1. By Application 11.14. PEST Analysis 11.15. Key Trends 11.16. Key Developments 12. Middle East & Africa Polybutene Market Analysis 12.1. Key Findings 12.2. Middle East & Africa Polybutene Market Overview 12.3. Middle East & Africa Polybutene Market Value Share Analysis, by Application 12.4. Middle East & Africa Polybutene Market Forecast, by Application 12.4.1. Adhesives 12.4.2. Cosmetics 12.4.3. Electrical Insulation 12.4.4. Fuel and Lubricant Additives 12.4.5. Lubricants 12.4.6. Others 12.5. Middle East & Africa Polybutene Market Value Share Analysis, by Country 12.6. Middle East & Africa Polybutene Market Forecast, by Country 12.6.1. GCC 12.6.2. South Africa 12.6.3. Rest of Middle East & Africa 12.7. Middle East & Africa Polybutene Market Analysis, by Country 12.8. GCC Polybutene Market Forecast, by Application 12.8.1. Adhesives 12.8.2. Cosmetics 12.8.3. Electrical Insulation 12.8.4. Fuel and Lubricant Additives 12.8.5. Lubricants 12.8.6. Others 12.9. South Africa Polybutene Market Forecast, by Application 12.9.1. Adhesives 12.9.2. Cosmetics 12.9.3. Electrical Insulation 12.9.4. Fuel and Lubricant Additives 12.9.5. Lubricants 12.9.6. Others 12.10. Rest of Middle East & Africa Polybutene Market Forecast, by Application 12.10.1. Adhesives 12.10.2. Cosmetics 12.10.3. Electrical Insulation 12.10.4. Fuel and Lubricant Additives 12.10.5. Lubricants 12.10.6. Others 12.11. Middle East & Africa Polybutene Market Attractiveness Analysis 12.11.1. By Application 12.12. PEST Analysis 12.13. Key Trends 12.14. Key Developments 13. South America Polybutene Market Analysis 13.1. Key Findings 13.2. South America Polybutene Market Overview 13.3. South America Polybutene Market Value Share Analysis, by Application 13.4. South America Polybutene Market Forecast, by Application 13.4.1. Adhesives 13.4.2. Cosmetics 13.4.3. Electrical Insulation 13.4.4. Fuel and Lubricant Additives 13.4.5. Lubricants 13.4.6. Others 13.5. South America Polybutene Market Value Share Analysis, by Country 13.6. South America Polybutene Market Forecast, by Country 13.6.1. Brazil 13.6.2. Mexico 13.6.3. Rest of South America 13.7. South America Polybutene Market Analysis, by Country 13.8. Brazil Polybutene Market Forecast, by Application 13.8.1. Adhesives 13.8.2. Cosmetics 13.8.3. Electrical Insulation 13.8.4. Fuel and Lubricant Additives 13.8.5. Lubricants 13.8.6. Others 13.9. Mexico Polybutene Market Forecast, by Application 13.9.1. Adhesives 13.9.2. Cosmetics 13.9.3. Electrical Insulation 13.9.4. Fuel and Lubricant Additives 13.9.5. Lubricants 13.9.6. Others 13.10. Rest of South America Polybutene Market Forecast, by Application 13.10.1. Adhesives 13.10.2. Cosmetics 13.10.3. Electrical Insulation 13.10.4. Fuel and Lubricant Additives 13.10.5. Lubricants 13.10.6. Others 13.11. South America Polybutene Market Attractiveness Analysis 13.11.1. By Application 13.12. PEST Analysis 13.13. Key Trends 13.14. Key Developments 14. Company Profiles 14.1. Market Share Analysis, by Company 14.2. Competition Matrix 14.2.1. Competitive Benchmarking of key players by price, presence, market share, Applications, and R&D investment 14.2.2. New Product Launches and Product Enhancements 14.2.3. Market Consolidation 14.2.3.1. M&A by Regions, Investment and Applications 14.2.3.2. M&A Key Players, Forward Integration and Backward Integration 14.3. Company Profiles: Key Players 14.3.1. BASF SE 14.3.1.1. Company Overview 14.3.1.2. Financial Overview 14.3.1.3. Product Portfolio 14.3.1.4. Business Strategy 14.3.1.5. Recent Developments 14.3.1.6. Development Footprint 14.3.2. Dongfang Hongye Limited Company 14.3.3. DAELIM 14.3.4. INEOS 14.3.5. Lubrizol Corporation 14.3.6. LyondellBasell Industries Holdings B.V. 14.3.7. Mitsui Chemicals, Inc. 14.3.8. TPC Group 14.3.9. Ylem Technology Co., Ltd. 14.3.10. Braskem 14.3.11. KEMAT Polybutenes 14.3.12. SOLTEX 14.3.13. Maharasthra Polybutenes Ltd 14.3.14. A S Harrison & Co Pty Limited 14.3.15. Kothari Petrochemicals 14.3.16. Infineum International Limited 15. Primary Key Insights
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