Medium Molecular Weight Polyisobutylene Market for Gum Base, Additives, Sealants, Lubricants and Forecast, 2015 – 2021

Medium Molecular Weight Polyisobutylene Market for Gum Base, Additives, Sealants, Lubricants  and Forecast, 2015 – 2021

Medium Molecular Weight Polyisobutylene Market for Gum Base, Additives, Sealants, Lubricants and Forecast, 2015 – 2021

Comments Off on Medium Molecular Weight Polyisobutylene Market for Gum Base, Additives, Sealants, Lubricants and Forecast, 2015 – 2021

According to the report, global medium molecular weight polyisobutylene market was valued at USD 436.40 million in 2015 and is expected to reach USD 542.82 million in 2021, growing at a CAGR of 3.7% between 2016 and 2021. In terms of volume, the global medium molecular weight polyisobutylene market stood at 149.68-kilo tons in 2015.Medium molecular weight polyisobutylene is a non-toxic substance. It possesses properties such as excellent adhesion, moisture resistance and the high degree of elongation.

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According to the report, global medium molecular weight polyisobutylene market was valued at USD 436.40 million in 2015 and is expected to reach USD 542.82 million in 2021, growing at a CAGR of 3.7% between 2016 and 2021. In terms of volume, the global medium molecular weight polyisobutylene market stood at 149.68-kilo tons in 2015.

Polyisobutylene is a homo-polymer of isobutylene and isoprene. It is generally odorless and offers high resistance towards salt, acid, and alkalis. Polyisobutylene is categorized into low, medium and high types depending on their molecular weights. Medium molecular weight polyisobutylene is mainly utilized in adhesive formulations, viscosity modifiers and binder in sealing compounds. It is also used in additives such as fuel additive and lubricating additive as it offers thickness and is used as a precursor in the chemical industry.

Escalating use of medium molecular weight polyisobutylene in lubricating oils is the driving factor for the market. Moreover, rising demand for adhesive and sealants is likely to fuel the growth of market owing to use of medium molecular weight isobutylene in adhesive and sealants as the precursor. However, the severe impact of medium molecular weight polyisobutylene spills on the environment, specifically on water bodies, is projected to limit its application to some extent. Nevertheless, growing demand for chewing gum is expected to offer ample opportunities for the market in the forecast period.

Global Medium Molecular Weight Polyisobutylene Market

The major applications for the medium molecular weight polyisobutylene are gum base, additives, sealants, lubricants and other applications. Adhesives were the largest application segment for the medium molecular weight polyisobutylene market accounting more than 40.0 % of total market share in 2015. Sealants were the second largest segment of medium molecular weight polyisobutylene market in the same year. Moreover, a lubricant is expected to be a fastest growing application for medium molecular weight polyisobutylene market in near future. This growth is attributed to increasing demand for lubricating oil in various industries.  Furthermore, sealant application is expected to register the moderate growth due to the increase in demand for polyisobutylene in pharmaceutical industry across the globe. Gum base is also expected to grow at a moderate CAGR in near future years due to the growing sports events such as Women Cricket World Cup (2017), Asian Games, Common Wealth Games and FIFA World Cup (2018), ICC Cricket World Cup (2019).

Asia Pacific dominated the medium molecular weight polyisobutylene market in 2015 with more than 35.0% of total market share and is expected to grow at the CAGR of 5.0%. North America led the market followed by Europe in 2015; however, it is expected to experience moderate growth within the forecast period. Latin America and the Middle East & Africa are anticipated to experience inkling growth with a growing CAGR over the years to come.

Some of the leading key players in the medium molecular weight polyisobutylene market are Exxon Mobil Corporation, Lanxess, Infineum International Limited, TPC Group, INEOS, Berkshire Hathaway Inc, Chevron Oronite Company LLC, Kothari Petrochemicals, BASF SE, Zhejiang Shunda New Material Co., Proteux Corp, Shandong Hongrui Petrochemical Co., Ltd and Mayzo among others.

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  • Chapter 1. Preface
    • 1.1. Report description and scope
    • 1.2. Research scope
    • 1.3. Research methodology
      • 1.3.1. Market research process
      • 1.3.2. Market research methodology
  • Chapter 2. Executive Summary
    • 2.1. Global medium molecular weight polyisobutylene market, 2015 – 2021, (Kilo Tons)(USD Million)
    • 2.2. Medium molecular weight polyisobutylene: Market snapshot
  • Chapter 3. Medium Molecular Weight Polyisobutylene Market: Industry Analysis
    • 3.1. Medium molecular weight polyisobutylene: Market dynamics
    • 3.2. Value Chain Analysis
    • 3.3. Market Drivers
      • 3.3.1. Rapidly growing demand for adhesives and sealants
      • 3.3.2. Growing demand in lubricant industry
    • 3.4. Restraints
      • 3.4.1. Stringent rules and regulations
    • 3.5. Opportunity
      • 3.5.1. Rising demand for chewing gum
    • 3.6. Porter’s Five Forces Analysis
    • 3.7. Market Attractiveness Analysis
      • 3.7.1. Market attractiveness analysis by application
      • 3.7.2. Market attractiveness analysis by regional
  • Chapter 4. Global Medium Molecular Weight Polyisobutylene Market: Competitive Landscape
    • 4.1. Strategic Development
      • 4.1.1. Acquisitions & Mergers
      • 4.1.2. New Type Launch
      • 4.1.3. Agreements, Partnerships, Collaborations and Joint Ventures
      • 4.1.4. Research and Development, Type and Regional Expansion
  • Chapter 5. Global Medium Molecular Weight Polyisobutylene Market: Application Overview
    • 5.1. Global medium molecular weight polyisobutylene market share, by application, 2015 and 2021
    • 5.2. Gum base
      • 5.2.1. Global medium molecular weight polyisobutylene market for gum base, 2015 – 2021 (Kilo Tons)(USD Million)
    • 5.3. Adhesives
      • 5.3.1. Global medium molecular weight polyisobutylene market for adhesives, 2015 – 2021 (Kilo Tons)(USD Million)
    • 5.4. Sealants
      • 5.4.1. Global medium molecular weight polyisobutylene market for sealants, 2015 – 2021 (Kilo Tons)(USD Million)
    • 5.5. Lubricants
      • 5.5.1. Global medium molecular weight polyisobutylene market for lubricants, 2015 – 2021 (Kilo Tons)(USD Million)
    • 5.6. Others
      • 5.6.1. Global medium molecular weight polyisobutylene market for other applications, 2015 – 2021 (Kilo Tons) (USD Million)
  • Chapter 6. Global Medium Molecular Weight Polyisobutylene Market: Regional Analysis
    • 6.1. Global medium molecular weight polyisobutylene market: Regional overview
      • 6.1.1. Global medium molecular weight polyisobutylene market share, by region, 2015 and 2021
    • 6.2. North America
      • 6.2.1. North America medium molecular weight polyisobutylene market volume, by application, 2015 – 2021 (Kilo Tons)
      • 6.2.2. North America medium molecular weight polyisobutylene market revenue, by application, 2015 – 2021 (USD Million)
    • 6.3. Europe
      • 6.3.1. Europe medium molecular weight polyisobutylene market volume, by application, 2015 – 2021 (Kilo Tons)
      • 6.3.2. Europe medium molecular weight polyisobutylene market revenue, by application, 2015 – 2021 (USD Million)
    • 6.4. Asia Pacific
      • 6.4.1. Asia-Pacific medium molecular weight polyisobutylene market volume, by application, 2015 – 2021 (Kilo Tons)
      • 6.4.2. Asia-Pacific medium molecular weight polyisobutylene market revenue, by application, 2015 – 2021 (USD Million)
    • 6.5. Latin America
      • 6.5.1. Latin America medium molecular weight polyisobutylene market volume, by application, 2015 – 2021 (Kilo Tons)
      • 6.5.2. Latin America medium molecular weight polyisobutylene market revenue, by application, 2015 – 2021 (USD Million)
    • 6.6. Middle East & Africa
      • 6.6.1. Middle East & Africa medium molecular weight polyisobutylene market volume, by application, 2015 – 2021 (Kilo Tons)
      • 6.6.2. Middle East & Africa medium molecular weight polyisobutylene market revenue, by application, 2015 – 2021 (USD Million)
  • Chapter 7. Company Profiles
    • 7.1. Exxon Mobil Corporation
      • 7.1.1. Overview
      • 7.1.2. Financials
      • 7.1.3. Product portfolio
      • 7.1.4. Business strategy
      • 7.1.5. Recent developments
    • 7.2. Lanxess
      • 7.2.1. Overview
      • 7.2.2. Financials
      • 7.2.3. Product portfolio
      • 7.2.4. Business strategy
      • 7.2.5. Recent developments
    • 7.3. Infineum International Limited
      • 7.3.1. Overview
      • 7.3.2. Financials
      • 7.3.3. Product portfolio
      • 7.3.4. Business strategy
      • 7.3.5. Recent developments
    • 7.4. TPC Group
      • 7.4.1. Overview
      • 7.4.2. Financials
      • 7.4.3. Product portfolio
      • 7.4.4. Business strategy
      • 7.4.5. Recent developments
    • 7.5. INEOS
      • 7.5.1. Overview
      • 7.5.2. Financials
      • 7.5.3. Product portfolio
      • 7.5.4. Business strategy
      • 7.5.5. Recent developments
    • 7.6. Chevron Oronite Company LLC
      • 7.6.1. Overview
      • 7.6.2. Financials
      • 7.6.3. Product portfolio
      • 7.6.4. Business strategy
      • 7.6.5. Recent developments
    • 7.7. Kothari Petrochemicals
      • 7.7.1. Overview
      • 7.7.2. Financials
      • 7.7.3. Product portfolio
      • 7.7.4. Business strategy
      • 7.7.5. Recent developments
    • 7.8. BASF SE
      • 7.8.1. Overview
      • 7.8.2. Financials
      • 7.8.3. Product portfolio
      • 7.8.4. Business strategy
      • 7.8.5. Recent developments
    • 7.9. Zhejiang Shunda New Material Co
      • 7.9.1. Overview
      • 7.9.2. Financials
      • 7.9.3. Product portfolio
      • 7.9.4. Business strategy
      • 7.9.5. Recent developments
    • 7.10. Proteux Corp
      • 7.10.1. Overview
      • 7.10.2. Financials
      • 7.10.3. Product portfolio
      • 7.10.4. Business strategy
      • 7.10.5. Recent developments
    • 7.11. Shandong Hongrui Petrochemical Co., Ltd
      • 7.11.1. Overview
      • 7.11.2. Financials
      • 7.11.3. Product portfolio
      • 7.11.4. Business strategy
      • 7.11.5. Recent developments
    • 7.12. BASF SE Mayzo
      • 7.12.1. Overview
      • 7.12.2. Financials
      • 7.12.3. Product portfolio
      • 7.12.4. Business strategy
      • 7.12.5. Recent developments

List of Figures

1. Global medium molecular weight polyisobutylene market segmentation by application, and geography
2. Global medium molecular weight polyisobutylene market, 2015 – 2021 (USD Million)
3. Value chain analysis: Medium molecular weight polyisobutylene market
4. Porter’s five forces analysis: Medium molecular weight polyisobutylene market
5. Market attractiveness analysis by application segment
6. Market attractiveness analysis by regional segment
7. Global Medium molecular weight polyisobutylene Market : Company Market Share, 2015
8. Global medium molecular weight polyisobutylene market share, by application, 2015 -2021
9. Global medium molecular weight polyisobutylene market for gum base, 2015 – 2021 (Kilo Tons)(USD Million)
10. Global medium molecular weight polyisobutylene market for adhesives, 2015 – 2021 (Kilo Tons)(USD Million)
11. Global medium molecular weight polyisobutylene market for sealants, 2015 – 2021 (Kilo Tons)(USD Million)
12. Global medium molecular weight polyisobutylene market for lubricants, 2015 – 2021 (Kilo Tons)(USD Million)
13. Global medium molecular weight polyisobutylene market for other applications, 2015 – 2021 (Kilo Tons) (USD Million)
14. Global medium molecular weight polyisobutylene market share, by region, 2015 – 2021
15. North America medium molecular weight polyisobutylene market, 2015 – 2021, (Kilo Tons) (USD Million)
16. Europe medium molecular weight polyisobutylene market, 2015 – 2021, (Kilo Tons) (USD Million)
17. Asia Pacific medium molecular weight polyisobutylene market, 2015 – 2021, (Kilo Tons) (USD Million)
18. Latin America medium molecular weight polyisobutylene market, 2015-2021, (Kilo Tons) (USD Million)
19. Middle East & Africa medium molecular weight polyisobutylene market, 2015 – 2021, (Kilo Tons) (USD Million)


List of Tables

1. Global medium molecular weight polyisobutylene market snapshot
2. Drivers for medium molecular weight polyisobutylene market: Impact analysis
3. Restraints of medium molecular weight polyisobutylene market: Impact analysis
4. North America medium molecular weight polyisobutylene market volume, by application, 2015 – 2021 (Kilo Tons)
5. North America medium molecular weight polyisobutylene market revenue, by application, 2015 – 2021 (USD Million)
6. Europe medium molecular weight polyisobutylene market volume, by application, 2015 – 2021 (Kilo Tons)
7. Europe medium molecular weight polyisobutylene market revenue, by application, 2015 – 2021 (USD Million)
8. Asia-Pacific medium molecular weight polyisobutylene market volume, by application, 2015 – 2021 (Kilo Tons)
9. Asia-Pacific medium molecular weight polyisobutylene market revenue, by application, 2015 – 2021 (USD Million)
10. Latin America medium molecular weight polyisobutylene market volume, by application, 2015 – 2021 (Kilo Tons)
11. Latin America medium molecular weight polyisobutylene market revenue, by application, 2015 – 2021 (USD Million)
12. Middle East & Africa medium molecular weight polyisobutylene market volume, by application, 2015 – 2021 (Kilo Tons)
13. Middle East & Africa medium molecular weight polyisobutylene market revenue, by application, 2015 – 2021 (USD Million)

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