© 2016 Global Market Insights, Inc. USA. All Rights Reserved Polyisobutylene Market By Application (Automotive, Additives) | 2016 To 2024

© 2016 Global Market Insights, Inc. USA. All Rights Reserved Table of Contents:-  Methodology & Scope  Executive Summary  Polyisobutylene Industry Insights  Polyisobutylene Industry Product Insights  Polyisobutylene Industry Application Insights  Polyisobutylene Industry Regional Insights  Company Profiles  138 Tables  15 Figures Detailed Table of

© 2016 Global Market Insights, Inc. USA. All Rights Reserved  Polyisobutylene (PIB) Market size is poised to surpass USD 2 billion by 2024; according to a new research report by Global Market Insights, Inc.  Escalating product demand in the adhesives & sealants industry will be the prominent polyisobutylene market size contributor over the projected timeframe. It is chiefly used as a modifier or base polymer in the adhesives & sealants industry due to its superior characteristics such as stability, adhesion, moisture resistance and tackiness. These properties make the product ideal for hot melt pressure sensitive adhesive applications.  The global adhesives business generated revenue close to USD 25 billion in 2015 and is likely to exceed USD 35 billion by Robust growth in the adhesives & sealants business on account of its widespread applications spectrum in industries including packaging, construction and automotive for flooring, insulation, panel, partitions and roofing will positively impact on the polyisobutylene market share by Global Market Scenario of Polyisobutylene Industry

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© 2016 Global Market Insights, Inc. USA. All Rights Reserved  Tire and tube manufacturing industries are the potential polyisobutylene market driver. The product is majorly used in the tubeless tire manufacturing owing to its water-resistant characteristics. In addition, the global tires and tubes industry is projected to expand with more than 5% CAGR by 2024, which will subsequently push the business growth over the estimated period. Furthermore, improving consumer spending pattern towards lavish lifestyles, has substantially propelled the automotive production and sales across the globe.  Positive growth indicators in the medical packaging business will drive the global polyisobutylene market size by  Product disposal in water bodies destroys the aquatic flora and fauna. Therefore, the industry is stringently directed and regulated by government regulations, particularly in Europe and North America. Prevalence of these norms may hamper the polyisobutylene market size for its applications as a marine lubricant. Continue..... View Summery of

© 2016 Global Market Insights, Inc. USA. All Rights Reserved Regional Analysis:-  North America polyisobutylene market size is projected to expand at over 4% CAGR by The regional growth is primarily driven by enormous automotive demand in the U.S. Furthermore, recovering U.S. construction industry post 2008 economic turmoil will push the business growth for sealants and adhesives applications.  Asia Pacific accounted for the major polyisobutylene market share in Presence of strong tire and tube manufacturing industries in India, China, Malaysia and Indonesia along with increasing automotive sales on account of improving consumer lifestyles was the prime factor promoting the regional growth.  Competitive Market Share  In 2015, the overall polyisobutylene market share was highly consolidated with three major companies holding over 50% of the total supply. BASF SE, Lanxess AG, ExxonMobil Corporation, The Lubrizol Corporation, TPC Group, Chevron Oronite Company LLC, Berkshire Hathaway Inc., and Infineum International Ltd are some the prominent PIB market share contributors. Request sample

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