© 2017 Global Market Insights, Inc. USA. All Rights Reserved Highly Reactive Polyisobutylene Market Worth Over $332.3mn by 2024: Global Market Insights, Inc.
Highly Reactive Polyisobutylene Market to surpass USD million by 2024; according to a new research report by Global Market Insights, Inc. Highly Reactive Polyisobutylene Market Robust product demand as lubricant & fuel additive due to its ability to improve the overall performance of vehicle by reducing emissions, this is a major factor which will make noteworthy contribution to highly reactive polyisobutylene market size by Stringent environmental regulations imposed by regional regulatory bodies are encouraging product use which can reduce emissions from vehicles. Additionally, rising automotive industry primarily in Asia Pacific will also have positive impact on the highly reactive polyisobutylene market size by This is majorly attributed to impervious nature of product which makes it preferable in manufacturing tubeless tires. © 2017 Global Market Insights, Inc. USA. All Rights Reserved Global Market Scenario of Polyisobutylene Industry
Product use as lubricant additive and may have environmental implications which is probable to obstruct the highly reactive polyisobutylene market size by Its use in water transportation vehicles may have an adverse impact on aquatic life. Currently, there are limited regulations against product use, however, environmental protection groups including the Wildlife Trust, Marine Conservation Society, etc. are appealing the U.K. government to introduce and implement stringent regulations which is likely to hamper the overall highly reactive polyisobutylene market size by High molecular weight HR-PIB market size was over USD 60 million in It is comparatively more viscous than low & medium molecular weight product and finds application in both tire manufacturing and as additive in lubricants & fuels, adhesive, sealants and various other applications including metal working, cosmetics, chewing gums, medical packaging, etc. High product demand across automotive, construction, medical industry, etc. will help achieve substantial gains to highly reactive polyisobutylene market size by Continue :- © 2017 Global Market Insights, Inc. USA. All Rights Reserved
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Highly reactive polyisobutylene market size for automotive is likely to rise with over 4% CAGR by It is primarily due to its applications in manufacturing tire inner liners which has propelled its demand across automotive industry. Moreover, the product offers excellent inflation pressure retention for all types of tires. It also offers barrier properties, resistance to ozone, high damping and heat aging, which makes it ideal for automotive vibration control. Thus, the increasing demand for tires, on account of the rapidly growing automobile industry, is expected to augment highly reactive polyisobutylene market size substantially within the forecast period. 360° Industry Analysis © 2017 Global Market Insights, Inc. USA. All Rights Reserved Request for customization: Browse Report Summery:
Asia Pacific highly reactive polyisobutylene market size was valued over USD 100 million in Robust product demand is majorly due to rising automotive industry, primarily in India and China mainly due to growing population in the region. Additionally, construction industry in the region is likely to exhibit 7% CAGR in the coming years. This will subsequently have a positive impact on the highly reactive polyisobutylene market size due to its applications as adhesive & sealant in flooring, insulation, panel, partitions and roofing, facades and fire protection. © 2017 Global Market Insights, Inc. USA. All Rights Reserved Make An Inquiry To Purchase This Regional Analysis: Competitive Analysis: Global construction sealant market share is fairly consolidated and competitive. Some industry participants operating in this market are Sika, 3M, Momentive, KCC Corporation and Bostik.
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