The report on the Global Medium Molecular Weight Polyisobutylene Market gives an estimation of the development of the market based on historical studies and also provides forecasts on the basis of a comprehensive research. The report gives a complete market analysis for the forecasted period from 2020 to 2026. The market is divided into various segments with an in-depth outlook of the competitors and a listing of the profiled key players. The market size in terms of revenue (USD MN) is calculated and provided for the study period along with the dynamics of the market such as the drivers and the restraints.
Medium molecular weight polyisobutylene has properties such as moisture resistance, high degree of elongation and good adhesion to multiple substrates. It is used as viscosity modifier, tack improver in adhesive formulations and primary binder in caulking and sealing compounds. They have an average molecular weight, Mw, of from 40,000 to 120,000 g/mol. Medium molecular weight polyisobutylene is used in the production of adhesives, sealants, chewing gums, and lubricants etc.
Medium molecular weight polyisobutylene is classified according to application as gum base, adhesives, sealants, lubricants and others (including bitumen modification, etc.). The adhesives and sealants segments have the highest market share due its usage in various industrial applications. Lubricants segment is expected to grow during the forecast period.
The key drivers for Medium molecular weight polyisobutylene market is the increasing demand for adhesives and sealants. The rising demand in lubricants due to rapid industrialization and growth in the automotive sector is expected to boost the medium molecular weight polyisobutylene market during the forecast period. The rising demand for chewing gums globally is also expected to fuel the market. The rapid development of the automotive and construction sectors across the developing countries will also help to boost the market during the forecast period. The key constraints of this market are the stringent government regulations on the manufacture and usage of medium molecular weight polyisobutylene due to its potential hazards to the ecosystem.
Asia Pacific is the largest consumer of medium molecular weight polyisobutylene due to the significant industrial growth. Middle East and Latin America are expected to show significant rise during the forecast period due to the expansion in real estate and infrastructure industries.
The Key players in medium molecular weight polyisobutylene market are:
- BASF SE
- JX Nippon Oil and Energy Corporation
- Shandong Hongrui Petrochemical Co. Ltd.
- Zhejiang Shunda New Material Co.
SEGMENTATIONS IN REPORT:
Medium Molecular Weight Polyisobutylene By Application
- Gum Base
- Adhesives
- Sealants
- Lubricants
- Others (Including Bitumen Modification, Etc.)
Medium Molecular Weight Polyisobutylene By Geography
- Asia Pacific
- North America
- Europe
- Latin America
- Middle East And Africa
The Global Medium Molecular Weight Polyisobutylene Market has been exhibited in detail in the following chapters -
Chapter 1 Medium Molecular Weight Polyisobutylene Market Preface
Chapter 2 Executive Summary
Chapter 3 Medium Molecular Weight Polyisobutylene Industry Analysis
Chapter 4 Medium Molecular Weight Polyisobutylene Market Value Chain Analysis
Chapter 5 Medium Molecular Weight Polyisobutylene Market Analysis By Application
Chapter 6 Medium Molecular Weight Polyisobutylene Market Analysis By Geography
Chapter 7 Competitive Landscape Of Medium Molecular Weight Polyisobutylene Companies
Chapter 8 Company Profiles Of Medium Molecular Weight Polyisobutylene Industry