Medium molecular weight polyisobutylene is a copolymer of isobutylene and isoprene. The molecular weight of medium molecular-weight polyisobutylene is between 40000-12,0 000 g/mol. This polymer is generally used as sealants, adhesives, insulators, lubricants, and others. It possesses the properties such as elongation, flexibility, high gas barrier performance, and high cohesive strength. Moreover, this polymer is used as tack improver in adhesive formulations, primary binder in sealing compounds, and viscosity modifier.
MARKET DYNAMICS
Growing demand for adhesives and sealants and rising usage of medium molecular weight polyisobutylene as an additive in fuels, greases, and lubricating oils are some of the crucial factors driving the market growth. Moreover, extensive usage of medium molecular weight polyisobutylene as a protective in the adhesive industry is also fueling the market growth. Additionally, wide application of medium molecular weight polyisobutylene across various industries such as automotive, packaging, electronics, and others owing to its properties such as high barrier to gases and fluids, flexibility, cohesive strength and others is also expected to bolster the market growth over the forthcoming years.
MARKET SCOPE
The "Global Medium Molecular Weight Polyisobutylene Market Analysis to 2028" is a specialized and in-depth study of the chemicals & materials industry with a particular focus on the global market trend analysis. The report aims to provide an overview of the medium molecular weight polyisobutylene market with detailed market segmentation based on grade, application, and end use industry. The global medium molecular weight polyisobutylene market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading medium molecular weight polyisobutylene market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global medium molecular weight polyisobutylene market is segmented into grade, application, and end use industry. By grade, the medium molecular weight polyisobutylene market is classified into industrial grade and food grade. By application, the medium molecular weight polyisobutylene market is classified into sealant, adhesive, lubricant greases, rubber modifier, gum base, and others. By end use industry, the medium molecular weight polyisobutylene market is classified into automotive, construction, packaging, electrical & electronics, food & beverages, and others.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry, including both qualitative and quantitative information. It provides an overview and forecast of the global medium molecular weight polyisobutylene market based on various segments. It also provides market size and forecast estimates from the year 2019 to 2028 concerning five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA), and South America. The medium molecular weight polyisobutylene market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally, along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the medium molecular weight polyisobutylene market from both demand and supply side. Further, it evaluates market dynamics affecting the market during the forecast period, i.e., drivers, restraints, opportunities, and future trends. The report also provides exhaustive PEST analysis for all five regions, namely; North America, Europe, APAC, MEA, and South America, after evaluating political, economic, social, and technological factors affecting the medium molecular weight polyisobutylene in these regions.
MARKET PLAYERS
The report covers vital developments in the medium molecular weight polyisobutylene as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals, and others, such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions and partnerships & collaborations. These activities have paved the way for the expansion of business and customer base of market players. The market payers from the medium molecular weight polyisobutylene are anticipated to lucrative growth opportunities in the future with the rising demand for medium molecular weight polyisobutylene in the global market. Below mentioned is the list of few companies engaged in the medium molecular weight polyisobutylene market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the medium molecular weight polyisobutylene market. Besides, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last three years, the critical development in the past five years.
- ABB Limited
- BASF SE
- Shandong Hongrui New Materials Co., Ltd.
- Merck KGaA
- Zhejiang Shunda New Material Co.
- JX Nippon Oil & Energy Corporation
- ENEOS
- Jilin Petrochemical
- KEMAT Polybutenes
- JINZHOU KANGTAI LUBRICANT ADDITIVES CO., LTD.
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