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Polybutene-1 Market Share

  • Report ID: GMI4669
  • Published Date: Aug 2024
  • Report Format: PDF

Polybutene-1 Market Share

Braskem, Daelim, LyondellBasell Industries Holdings B.V., Mitsui Chemicals, Shandong Hongye Chemical collectively dominate the market with their extensive industry experience, innovative product offerings, and widespread global presence.
 

Braskem is a leading petrochemical company with a significant presence in the production of polyolefins, including polybutene-1 (PB-1). The company's expertise in sustainable plastic solutions and its focus on innovation drive the development of high-performance polybutene-1, which is used in various applications such as plumbing and packaging. Daelim is a prominent South Korean chemical company known for its advanced materials and petrochemical products, including polybutene-1. Daelim's production of PB-1 is characterized by its focus on quality and performance, making it a reliable supplier for industries requiring durable and flexible materials, such as in piping systems and adhesives.
 

LyondellBasell is one of the world's largest producers of polyolefins, including polybutene-1. The company leverages its extensive global reach and technological expertise to supply high-grade PB-1, which is valued for its excellent creep resistance and flexibility in applications like hot and cold-water piping systems. Mitsui Chemicals is a major player in the global chemical industry, offering a diverse range of products, including polybutene-1. The company’s PB-1 is used in applications requiring superior sealing and flexibility, such as in packaging films and sealant layers, thanks to its unique chemical properties. Shandong Hongye Chemical specializes in the production of high-quality chemical products, including polybutene-1. The company focuses on supplying PB-1 for industrial applications, particularly in regions where demand for cost-effective and reliable materials for pipelines and adhesive formulations is growing. With a commitment to innovation and sustainability, the company plays a pivotal role in driving the growth and advancements in the polybutene-1 market, further solidifying its position as a key player in the market.
 

These market leaders collectively shape the competitive landscape of the polybutene-1 industry, driving innovation, setting industry standards, and meeting the evolving demands of customers worldwide. With their focus on research and development, technological advancements, and strategic partnerships, these companies continue to expand their market share and strengthen their foothold in key regions. Their relentless pursuit of excellence, coupled with their customer-centric approach, positions them as preferred suppliers of polybutene-1, contributing significantly to the growth and development of the global construction industry.
 

Polybutene-1 Market Companies

Major players operating in the polybutene-1 industry include:

  • Braskem
  • Daelim
  • LyondellBasell Industries Holdings B.V.
  • Mitsui Chemicals
  • Shandong Hongye Chemical
  • Shandong Tengzhou Rida Chemical Co., Ltd.
  • Shell Chemicals USA
  • TPC Group
  • Ylem Grade
  • Ylem Technology
Authors: Kiran Pulidindi, Kunal Ahuja

Frequently Asked Questions (FAQ) :

Global polybutene-1 market was valued at USD 364.3 million in 2023 and will reach USD 449.5 million by 2032, driven by the demand for extrusion grade PB-1 due to its excellent mechanical properties.

In 2023, the extrusion segment attained a value of USD 207.6 million, projected to grow to USD 259.1 million by 2032, stimulated by the superior performance of extrusion-grade polybutene-1 (PB-1), known for its high impact resistance and low-temperature toughness.

Asia Pacific polybutene-1 market acquired a valuation of USD 143.1 million in 2023, thrusted by its strong industrial base, rapid urbanization, and growing infrastructure projects.

Braskem, Daelim, LyondellBasell Industries Holdings B.V., Mitsui Chemicals, Shandong Hongye Chemical, Shandong Tengzhou Rida Chemical Co., Ltd., Shell Chemicals USA, TPC Group, Ylem Grade, and Ylem Technology.

Polybutene-1 Market Scope

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Premium Report Details

  • Base Year: 2023
  • Companies covered: 10
  • Tables & Figures: 532
  • Countries covered: 22
  • Pages: 155
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