Conventional Polyisobutylene Market size was valued at USD 1.5 Billion in 2024 and is projected to reach USD 2.5 Billion by 2033, exhibiting a CAGR of 6.2% from 2026 to 2033.
In 2022, the global conventional polyisobutylene market was valued at approximately USD 2.9 billion and is projected to reach USD 4.0 billion by 2027, reflecting a compound annual growth rate (CAGR) of 6.8% during the forecast period. The Asia Pacific region held the largest market share, accounting for 34% of the global market. This dominance is driven by rapid industrialization, infrastructure development, and a burgeoning automotive sector in countries like China, India, and Japan. China alone contributed 60% of the regions production, with an annual output exceeding 1.2 million tons, while India and Japan produced 400,000 tons and 200,000 tons, respectively. In North America, the market was valued at USD 0.64 billion in 2023 and is anticipated to grow to USD 1.20 billion by 2033. This growth is attributed to heightened demand in the automotive and construction sectors, emphasizing innovations in formulations and applications to enhance product performance. Europes market size was approximately USD 0.54 billion in 2023, projected to reach USD 1.01 billion by 2033, driven by growing environmental awareness and adherence to sustainability practices, particularly in adhesives and sealants used in construction and automotive applications. The Middle East & Africa and Latin America regions are expected to witness moderate growth, with market sizes increasing from USD 0.22 billion to USD 0.42 billion and USD 0.06 billion to USD 0.10 billion, respectively, between 2023 and 2033. This growth is fueled by ongoing infrastructural development and industrial activities in these regions.
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TPC
Infineum
Lubrizol
BASF
Ineos
Daelim
Chevron Oronite
ENEOS
Braskem
Jilin Petrochemical(CNPC)
Zhejiang Shunda
Kothari Petrochemicals
Shandong Hongrui
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By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the Global Conventional Polyisobutylene Market
Adhesives and Sealants
Automotive
Coatings
Pharmaceuticals
Other Industrial Applications
Standard Polyisobutylene
High-Performance Polyisobutylene
Modified Polyisobutylene
Construction
Automotive
Consumer Goods
Medical
Aerospace
Liquid Grades
Rubber Grades
Paste Grades
Solid Polyisobutylene
Liquid Polyisobutylene
US (United States, US and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the Global Conventional Polyisobutylene Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Global Conventional Polyisobutylene Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Conventional Polyisobutylene Market, By Type
6. Global Conventional Polyisobutylene Market, By Application
7. Global Conventional Polyisobutylene Market, By Geography
US
Europe
Asia Pacific
Rest of the World
8. Global Conventional Polyisobutylene Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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