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Highly Reactive Polyisobutylene (HR-PIB) Market Share

Report ID: GMI2233
Published Date: Nov 2017
Report Format: PDF

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Highly Reactive Polyisobutylene Market Share

Major highly reactive polyisobutylene market share contributors are:

TPC Group
RB Products, Inc
BASF SE
PETRONAS
Janex
Lanxess
Kothari Petrochemicals
Mayzo.
Jinzhou Snda Chemical
Ningbo Hi-Tech Biochemicals
Shanghai Minglan Chemical
Jinzhou Snda Chemical
Weifang Binhai Petro-chem
Shandong Hongrui New Material Technology

Most of these players have been engaged in expanding their production capacity to meet rapidly rising consumer demand and to attain competitive advantage. For instance, TPC Group announced capacity expansion of polyisobutylene unit in February 2015. It was intended to strengthen their position in North America.

Authors: Kiran Pulidindi

Frequently Asked Questions (FAQ) :

Highly reactive polyisobutylene market size is anticipated to reach CAGR of 4.7% through 2024 owing to rising environmental concerns.

Additive application segment will observe a CAGR of around 5% through 2024 owing to the product’s detergent properties that minimizes hydrocarbon and particulate emission when added to fuel.

Middle East will register a CAGR of over 7% through 2024 due to increasing product demand driven by the thriving construction industry in the region.

North America will observe a CAGR of over 4.5% through 2024 with increasing product demand from construction, automotive and medical packaging industry.