According to a market report by Lucintel, the future of the global medium molecular weight polyisobutylene market looks promising with opportunities in the automotive, construction, transportation, and chemical industries. The global medium molecular weight polyisobutylene market is expected to reach an estimated $6 billion by 2030 from $4 billion in 2024 at a CAGR of 4% from 2024 to 2030. The major drivers for this market are growing demand in the building industry and rising usage of adhesives and sealants.
A more than 150-page report to
understand trends, opportunity and
forecast in medium molecular weight polyisobutylene market to 2030 by type (food-
grade polyisobutylene and industrial-grade polyisobutylene), application (adhesives,
sealants, lubricants, roofing, packaging, grease, paraffin, chewing gums, and
others), end use (automotive industry, construction industry, transportation
industry, chemical industry, and others), and region (North America, Europe,
Asia Pacific, and the Rest of the World).
Lucintel
forecasts that food grade polyisobutylene will remain the larger segment over
the forecast period due to low toxic substances and maintain high temperatures.
Within
this market, automotive industry will remain the largest segment due to
increasing use of adhesives as that provide a good weight reduction potential
and lowers the vehicle weight by 100kg.
APAC will
remain the largest region over the forecast period due to rise in the use of
lubricating oil and sealants for roofing.
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sample by clicking on medium
molecular weight polyisobutylene market.
BASF,
Zhejiang Shunda New Material, TPC, Efremov Kautschuk, Shandong Hongrui
Petrochemical, JX Holdings, Mayzo are the major suppliers in the medium molecular weight
polyisobutylene market.
This unique research
report will enable you to make confident business decisions in this globally
competitive marketplace. For a detailed table of contents, contact Lucintel at
+1-972-636-5056 or write us at helpdesk@lucintel.com. To get access of more than 1000 reports at fraction of cost
visit Lucintel's Analytics
Dashboard.
About Lucintel
At Lucintel, we offer solutions for
you growth through game changer ideas and robust market &
unmet needs analysis. We are based in
Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20
years. We are quoted in several publications like the Wall Street Journal,
ZACKS, and the Financial Times.
Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: roy.almaguer@lucintel.com
Tel. +1-972-636-5056
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