Competitive Analysis

Some of the key players in the global polyisobutylene market are LANXESS (Germany), BASF SE (U.S.), DAELIM (South Korea), TPC Group (U.S.), Exxon Mobil Corporation (U.S.), Lubrizol Corporation (U.S.), INEOS (UK), JXTG Nippon Oil & Energy Corporation (Japan), Infineum International Limited (Singapore), and Chevron Oronite Company LLC (U.S.)

Expanding automotive and aerospace industry in the developing regions is driving the market growth. The product is vastly preferred in the electronic devices as a result of the well-balanced barrier and flow properties. Consumption of polyisobutylene is rising in the food and beverage industry because it protects the food products from moisture. Due to its non-skin resistant properties, it is largely used in the pharmaceutical industry in pressure sensitive adhesives.

Get a Sample of This Report @ https://www.marketresearchfuture.com/sample_request/5911

Polyisobutylene Market is segmented into molecular weight, grade, applications, and region.

On the basis of the molecular weight, the PIB market is bifurcated into low & medium and high,

Based on the grade, the market is segmented into conventional PIB and highly reactive PIB.

By the application, the market is segmented into tire & tubes, adhesives, sealants, lubricants, electrical insulation, and stretch wrap.

On the basis of the end-use industry, the market is segmented into transportation, construction, electrical, food & beverage, healthcare, cosmetics & personal care, and others.

Geographically, the market is segmented into five regions, including Asia Pacific, North America, Europe, Latin America, and the Middle East & Africa.