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Polyisobutylene, also known as butyl rubber is a vinyl polymer made from the monomer isobutylene, by cationic vinyl polymerization. It is the only rubber that's gas impermeable. Globally, increasing demand from enduse industries such as fuel additives, sealants, automotive, and pharmaceutical, growing automotive industry and manufacturing of tires and tubes, and advantageous properties of polyisobutylene such as, superior impermeability, oxidation resistance, ozone resistance, and improved stability are the prime growth drivers of global polyisobutylene market. In addition, growing focus on development of ecofriendly polyisobutylene, increase in adoption of polyisobutylene for application in newer industrial vertical, and emerging economies such as China, India and others, will create new opportunities for global polyisobutylene market. However, volatile prices and availability of raw materials, availability of substitute compounds, and complex process of manufacturing are the key restraints for global polyisobutylene market.
Geographically Europe dominated global polyisobutylene market, with approximately 40% of. Asia Pacific is projected to have fastest growth, owing to rapidly increasing automobile industry, rise in industrial sector, and growing manufacturing of tubes and tire, and increasing demand for packaging in the pharmaceutical industry in developing nations such as China, and India in this region. Among all the applications, automotive industry has the highest market share in global polyisobutylene market due to higher usage of polyisobutylenebased butyl rubber in the tire industry, owing to its air retaining and bonding properties along with heat retention capabilities. High molecular weight polyisobutylene is the market leader among all types of polyisobutylene, owing to its better UV, oxidation, and heat resistance properties.
This report identifies the global polyisobutylene market size in for the year 20142016, and forecast of the same for year 2021. It also highlights the market drivers, restraints, growth indicators, challenges, and other key aspects with respect to global polyisobutylene market.
This report segments global polyisobutylene market on the basis of type, application, and regional market as follows:
Polyisobutylene Market, By Type: High Molecular Weight, Medium Molecular Weight, and Low Molecular Weight
The report has focused study on polyisobutylene market by basis of application such as: Sealants, Fuel Additives, Healthcare, Automotive, Construction, Sports Equipment, and Others
This report has been further segmented into major regions, which includes detailed analysis of each region such as: North America, Europe, AsiaPacific APAC, and Rest of the World RoW covering all the major country level markets in each of the region
This report identifies all the major companies operating in the polyisobutylene market. Some of the major companies' profiles in detail are as follows:
The DOW Chemical Company
Chevron Oronite Company LLC
Daelim Industrial. Co. Ltd.
Huntsman International Llc
Original Article: Polyisobutylene Market: By Type High, Medium, Low Molecular Weight, By Application Sealants, Fuel Additives, Healthcare, Automotive, Construction, Sports Equipment, Others, By RegionForecast 20162021 [Updated: 04032016] Prices from USD $5250NEXT ARTICLE
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